PICSOO SCS: 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.
PICSOO SCS
Largest movements
- Receivables within one year -€5,721
down €5,721 (-54.1%), from €10,572 to €4,851
- Cash +€2,964
up €2,964 (+140%), from €2,118 to €5,082
mainly Depreciation (+€25,660) and Debts within one year (+€6,565)
- Tangible fixed assets -€2,340
down €2,340 (-2.8%), from €83,985 to €81,645
- Profit (loss) carried forward -€11,662
down €11,662 (-11.1%), from -€105,386 to -€117,048
- Debts within one year +€6,565
up €6,565 (+3.2%), from €202,051 to €208,616
- Gross operating margin +€17,566
up €17,566, from -€3,011 to €14,555
- Depreciation +€4,664
up €4,664 (+22.2%), from €20,996 to €25,660
From the 2016 result to the 2017 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 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,675 | €91,578 | -€5,097 | -5.3% |
| Fixed assets | 21/28 | €83,985 | €81,645 | -€2,340 | -2.8% |
| Tangible fixed assets | 22/27 | €83,985 | €81,645 | -€2,340 | -2.8% |
| Current assets | 29/58 | €12,689 | €9,933 | -€2,756 | -21.7% |
| Amounts receivable within one year | 40/41 | €10,572 | €4,851 | -€5,721 | -54.1% |
| Cash at bank and in hand | 54/58 | €2,118 | €5,082 | +€2,964 | +140% |
| Total equity and liabilities | 10/49 | €96,675 | €91,578 | -€5,097 | -5.3% |
| Equity | 10/15 | -€105,376 | -€117,038 | -€11,662 | -11.1% |
| Contributions | 10/11 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,386 | -€117,048 | -€11,662 | -11.1% |
| Amounts payable | 17/49 | €202,051 | €208,616 | +€6,565 | +3.2% |
| Amounts payable within one year | 42/48 | €202,051 | €208,616 | +€6,565 | +3.2% |
| Trade debts | 44 | €539 | €272 | -€267 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,996 | €25,660 | +€4,664 | +22.2% |
| Gross operating margin | 9900 | -€3,011 | €14,555 | +€17,566 | |
| Operating profit (loss) | 9901 | -€24,444 | -€11,454 | +€12,990 | +53.1% |
| Recurring financial charges | 65 | €180 | €208 | +€28 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,624 | -€11,662 | +€12,962 | +52.6% |
| Profit (loss) for the period | 9904 | -€24,624 | -€11,662 | +€12,962 | +52.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,624 | -€11,662 | +€12,962 | +52.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.