Pictimmo: 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.
Pictimmo
Largest movements
- Tangible fixed assets -€46,731
down €46,731 (-4.4%), from €1.1m to €1.0m
of which Land and buildings: -€46,093
- Receivables within one year +€13,323
up €13,323 (+22.1%), from €60,415 to €73,737
of which Trade receivables: +€13,621
- Debts after one year -€60,995
down €60,995 (-9.3%), from €658,363 to €597,368
- Reserves +€23,070
up €23,070 (+37.5%), from €61,511 to €84,581
- Gross operating margin -€2,899
down €2,899 (-2.8%), from €103,903 to €101,004
- Financial charges -€1,386
down €1,386 (-5.9%), from €23,691 to €22,304
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 | €1,119,000 | €1,089,444 | -€29,555 | -2.6% |
| Fixed assets | 21/28 | €1,053,944 | €1,007,213 | -€46,731 | -4.4% |
| Tangible fixed assets | 22/27 | €1,053,944 | €1,007,213 | -€46,731 | -4.4% |
| Land and buildings | 22 | €1,053,208 | €1,007,115 | -€46,093 | -4.4% |
| Plant, machinery and equipment | 23 | €736 | €98 | -€638 | -86.7% |
| Current assets | 29/58 | €65,056 | €82,232 | +€17,176 | +26.4% |
| Amounts receivable within one year | 40/41 | €60,415 | €73,737 | +€13,323 | +22.1% |
| Trade receivables | 40 | €56,121 | €69,741 | +€13,621 | +24.3% |
| Other amounts receivable | 41 | €4,294 | €3,996 | -€298 | -6.9% |
| Cash at bank and in hand | 54/58 | €4,641 | €8,494 | +€3,853 | +83.0% |
| Total equity and liabilities | 10/49 | €1,119,000 | €1,089,444 | -€29,555 | -2.6% |
| Equity | 10/15 | €161,511 | €184,581 | +€23,070 | +14.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €61,511 | €84,581 | +€23,070 | +37.5% |
| Distributable reserves | 133 | €61,511 | €84,581 | +€23,070 | +37.5% |
| Amounts payable | 17/49 | €957,488 | €904,863 | -€52,625 | -5.5% |
| Amounts payable after more than one year | 17 | €658,363 | €597,368 | -€60,995 | -9.3% |
| Financial debts | 170/4 | €658,363 | €597,368 | -€60,995 | -9.3% |
| Amounts payable within one year | 42/48 | €299,126 | €307,495 | +€8,370 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €59,984 | €60,995 | +€1,011 | +1.7% |
| Financial debts | 43 | €10,193 | €10,240 | +€47 | +0.5% |
| Credit institutions | 430/8 | €10,193 | €10,240 | +€47 | +0.5% |
| Trade debts | 44 | €8,715 | €8,111 | -€604 | -6.9% |
| Suppliers | 440/4 | €8,715 | €8,111 | -€604 | -6.9% |
| Taxes, remuneration and social security | 45 | €1,880 | €1,643 | -€237 | -12.6% |
| Taxes | 450/3 | €1,880 | €1,643 | -€237 | -12.6% |
| Other amounts payable | 47/48 | €218,354 | €226,506 | +€8,152 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,731 | €46,731 | = | 0.0% |
| Other operating charges | 640/8 | €1,115 | €1,148 | +€34 | +3.0% |
| Gross operating margin | 9900 | €103,903 | €101,004 | -€2,899 | -2.8% |
| Operating profit (loss) | 9901 | €56,057 | €53,125 | -€2,932 | -5.2% |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €23,691 | €22,304 | -€1,386 | -5.9% |
| Recurring financial charges | 65 | €23,691 | €22,304 | -€1,386 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €32,366 | €30,854 | -€1,512 | -4.7% |
| Income taxes | 67/77 | €8,220 | €7,784 | -€436 | -5.3% |
| Profit (loss) for the period | 9904 | €24,147 | €23,070 | -€1,077 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,147 | €23,070 | -€1,077 | -4.5% |
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 12 October 2026 via checked.be.