Picopsy: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Picopsy
Largest movements
- Cash +€10,988
up €10,988 (+17.5%), from €62,935 to €73,923
mainly Net result for the year (+€95,798) and Trade debts (+€7,373)
- Tangible fixed assets -€2,026
down €2,026 (-32.1%), from €6,304 to €4,278
of which Furniture and vehicles: -€1,766
- Trade debts +€7,373
up €7,373 (+294%), from €2,508 to €9,880
- Other debts +€2,577
up €2,577 (+2.4%), from €106,956 to €109,533
- Gross operating margin -€30,058
down €30,058 (-18.9%), from €158,682 to €128,624
- Taxes -€7,190
down €7,190 (-21.6%), from €33,245 to €26,055
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,124 | €125,015 | +€10,892 | +9.5% |
| Fixed assets | 21/28 | €6,454 | €4,428 | -€2,026 | -31.4% |
| Tangible fixed assets | 22/27 | €6,304 | €4,278 | -€2,026 | -32.1% |
| Plant, machinery and equipment | 23 | €87 | €0 | -€87 | -100% |
| Furniture and vehicles | 24 | €5,316 | €3,550 | -€1,766 | -33.2% |
| Other tangible fixed assets | 26 | €901 | €728 | -€173 | -19.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €107,670 | €120,587 | +€12,918 | +12.0% |
| Amounts receivable within one year | 40/41 | €8,795 | €9,974 | +€1,179 | +13.4% |
| Other amounts receivable | 41 | €8,795 | €9,974 | +€1,179 | +13.4% |
| Cash at bank and in hand | 54/58 | €62,935 | €73,923 | +€10,988 | +17.5% |
| Deferred charges and accrued income | 490/1 | €35,940 | €36,691 | +€751 | +2.1% |
| Total equity and liabilities | 10/49 | €114,124 | €125,015 | +€10,892 | +9.5% |
| Equity | 10/15 | €2,660 | €2,660 | = | 0.0% |
| Contributions | 10/11 | €800 | €800 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €111,464 | €122,355 | +€10,892 | +9.8% |
| Amounts payable within one year | 42/48 | €111,464 | €122,355 | +€10,892 | +9.8% |
| Trade debts | 44 | €2,508 | €9,880 | +€7,373 | +294% |
| Suppliers | 440/4 | €2,508 | €9,880 | +€7,373 | +294% |
| Taxes, remuneration and social security | 45 | €2,000 | €2,942 | +€942 | +47.1% |
| Taxes | 450/3 | €2,000 | €2,942 | +€942 | +47.1% |
| Other amounts payable | 47/48 | €106,956 | €109,533 | +€2,577 | +2.4% |
| Remuneration, social security and pensions | 62 | €123 | - | -€123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,550 | €2,625 | -€925 | -26.0% |
| Other operating charges | 640/8 | €2,144 | €1,847 | -€297 | -13.8% |
| Gross operating margin | 9900 | €158,682 | €128,624 | -€30,058 | -18.9% |
| Operating profit (loss) | 9901 | €152,866 | €124,151 | -€28,715 | -18.8% |
| Financial income | 75/76B | - | €378 | +€378 | |
| Recurring financial income | 75 | - | €378 | +€378 | |
| Financial charges | 65/66B | €2,979 | €2,676 | -€304 | -10.2% |
| Recurring financial charges | 65 | €2,979 | €2,676 | -€304 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €149,887 | €121,853 | -€28,033 | -18.7% |
| Income taxes | 67/77 | €33,245 | €26,055 | -€7,190 | -21.6% |
| Profit (loss) for the period | 9904 | €116,641 | €95,798 | -€20,843 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €116,641 | €95,798 | -€20,843 | -17.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.