Pics IT: what changed
Two fiscal 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.
Pics IT
Largest movements
- Cash +€40,341
up €40,341 (+68.6%), from €58,819 to €99,161
mainly Net result for the year (+€34,463) and Tax, wage and social debts (+€16,134)
- Tangible fixed assets +€7,049
up €7,049 (+148.4%), from €4,750 to €11,800
of which Furniture and vehicles: +€7,819
- Receivables within one year +€4,950
new in 2025: €4,950
of which Trade receivables: +€4,950
- Profit (loss) carried forward +€34,463
new in 2025: €34,463
- Tax, wage and social debts +€16,134
up €16,134 (+69.0%), from €23,379 to €39,512
- Gross operating margin -€6,226
down €6,226 (-11.5%), from €54,296 to €48,070
- Taxes -€4,886
down €4,886 (-34.8%), from €14,050 to €9,164
- Depreciation +€1,980
up €1,980 (+479.1%), from €413 to €2,393
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.
Cash bridge derived
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 | €64,080 | €116,240 | +€52,159 | +81.4% |
| Fixed assets | 21/28 | €4,750 | €11,800 | +€7,049 | +148.4% |
| Tangible fixed assets | 22/27 | €4,750 | €11,800 | +€7,049 | +148.4% |
| Plant, machinery and equipment | 23 | €3,495 | €2,725 | -€770 | -22.0% |
| Furniture and vehicles | 24 | €1,255 | €9,074 | +€7,819 | +623.0% |
| Current assets | 29/58 | €59,330 | €104,440 | +€45,110 | +76.0% |
| Amounts receivable within one year | 40/41 | - | €4,950 | +€4,950 | |
| Trade receivables | 40 | - | €4,950 | +€4,950 | |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €58,819 | €99,161 | +€40,341 | +68.6% |
| Deferred charges and accrued income | 490/1 | €511 | €329 | -€182 | -35.5% |
| Total equity and liabilities | 10/49 | €64,080 | €116,240 | +€52,159 | +81.4% |
| Equity | 10/15 | €40,681 | €75,144 | +€34,463 | +84.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,681 | €37,681 | = | 0.0% |
| Distributable reserves | 133 | €37,681 | €37,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €34,463 | +€34,463 | |
| Amounts payable | 17/49 | €23,399 | €41,096 | +€17,696 | +75.6% |
| Amounts payable within one year | 42/48 | €23,399 | €40,196 | +€16,796 | +71.8% |
| Trade debts | 44 | - | €662 | +€662 | |
| Suppliers | 440/4 | - | €662 | +€662 | |
| Taxes, remuneration and social security | 45 | €23,379 | €39,512 | +€16,134 | +69.0% |
| Taxes | 450/3 | €23,379 | €39,512 | +€16,134 | +69.0% |
| Other amounts payable | 47/48 | €21 | €21 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €900 | +€900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €2,393 | +€1,980 | +479.1% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €54,296 | €48,070 | -€6,226 | -11.5% |
| Operating profit (loss) | 9901 | €53,833 | €45,676 | -€8,156 | -15.2% |
| Financial income | 75/76B | - | €79 | +€79 | |
| Recurring financial income | 75 | - | €79 | +€79 | |
| Financial charges | 65/66B | €2,102 | €2,128 | +€27 | +1.3% |
| Recurring financial charges | 65 | €2,102 | €2,128 | +€27 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €51,731 | €43,627 | -€8,104 | -15.7% |
| Income taxes | 67/77 | €14,050 | €9,164 | -€4,886 | -34.8% |
| Profit (loss) for the period | 9904 | €37,681 | €34,463 | -€3,218 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,681 | €34,463 | -€3,218 | -8.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.