PICPUSSEN-SCHOOL: 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.
PICPUSSEN-SCHOOL
Largest movements
- Tangible fixed assets -€314,278
down €314,278 (-6.0%), from €5.2m to €4.9m
- Cash -€64,580
down €64,580 (-99.9%), from €64,662 to €82
mainly Debts after one year (-€181,512) and Accrued charges and deferred income (-€98,470)
- Debts after one year -€181,512
down €181,512 (-5.4%), from €3.4m to €3.2m
- Accrued charges and deferred income -€98,470
down €98,470 (-7.1%), from €1.4m to €1.3m
- Trade debts -€84,491
down €84,491 (-94.9%), from €89,068 to €4,577
- Depreciation +€132,760
up €132,760 (+73.1%), from €181,518 to €314,278
- Taxes -€26,545
down €26,545 (-99.9%), from €26,564 to €19
- Gross operating margin +€12,893
up €12,893 (+3.6%), from €361,266 to €374,160
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 | €5,355,918 | €4,974,039 | -€381,879 | -7.1% |
| Fixed assets | 21/28 | €5,239,899 | €4,925,620 | -€314,278 | -6.0% |
| Tangible fixed assets | 22/27 | €5,239,899 | €4,925,620 | -€314,278 | -6.0% |
| Land and buildings | 22 | €5,239,899 | €4,925,620 | -€314,278 | -6.0% |
| Current assets | 29/58 | €116,019 | €48,419 | -€67,600 | -58.3% |
| Amounts receivable within one year | 40/41 | €23,149 | €19,556 | -€3,593 | -15.5% |
| Other amounts receivable | 41 | €23,149 | €19,556 | -€3,593 | -15.5% |
| Cash at bank and in hand | 54/58 | €64,662 | €82 | -€64,580 | -99.9% |
| Deferred charges and accrued income | 490/1 | €28,208 | €28,780 | +€572 | +2.0% |
| Total equity and liabilities | 10/49 | €5,355,918 | €4,974,039 | -€381,879 | -7.1% |
| Equity | 10/15 | €321,610 | €311,244 | -€10,366 | -3.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €260,110 | €249,744 | -€10,366 | -4.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €253,960 | €243,594 | -€10,366 | -4.1% |
| Amounts payable | 17/49 | €5,034,308 | €4,662,795 | -€371,513 | -7.4% |
| Amounts payable after more than one year | 17 | €3,364,038 | €3,182,527 | -€181,512 | -5.4% |
| Financial debts | 170/4 | €3,364,038 | €3,182,527 | -€181,512 | -5.4% |
| Amounts payable within one year | 42/48 | €284,578 | €193,046 | -€91,532 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €178,247 | €181,512 | +€3,264 | +1.8% |
| Financial debts | 43 | €5,466 | €6,957 | +€1,491 | +27.3% |
| Credit institutions | 430/8 | €5,466 | €6,957 | +€1,491 | +27.3% |
| Trade debts | 44 | €89,068 | €4,577 | -€84,491 | -94.9% |
| Suppliers | 440/4 | €89,068 | €4,577 | -€84,491 | -94.9% |
| Taxes, remuneration and social security | 45 | €11,796 | - | -€11,796 | |
| Taxes | 450/3 | €11,796 | - | -€11,796 | |
| Accrued charges and deferred income | 492/3 | €1,385,692 | €1,287,222 | -€98,470 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,518 | €314,278 | +€132,760 | +73.1% |
| Other operating charges | 640/8 | €1,161 | €1,118 | -€42 | -3.6% |
| Gross operating margin | 9900 | €361,266 | €374,160 | +€12,893 | +3.6% |
| Operating profit (loss) | 9901 | €178,588 | €58,763 | -€119,825 | -67.1% |
| Financial income | 75/76B | €607 | €431 | -€176 | -29.0% |
| Recurring financial income | 75 | €607 | €431 | -€176 | -29.0% |
| Financial charges | 65/66B | €72,938 | €69,541 | -€3,397 | -4.7% |
| Recurring financial charges | 65 | €72,938 | €69,541 | -€3,397 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €106,257 | -€10,347 | -€116,604 | |
| Income taxes | 67/77 | €26,564 | €19 | -€26,545 | -99.9% |
| Profit (loss) for the period | 9904 | €79,693 | -€10,366 | -€90,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,693 | -€10,366 | -€90,058 |
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 24 October 2026 via checked.be.