PICTO INFO: 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.
PICTO INFO
Largest movements
- Cash +€62,628
up €62,628 (+252%), from €24,816 to €87,444
mainly Net result for the year (+€41,501) and Depreciation (+€11,823)
- Tangible fixed assets -€11,823
down €11,823 (-25.2%), from €46,899 to €35,076
- Receivables within one year -€9,507
down €9,507 (-34.8%), from €27,294 to €17,787
- Reserves +€41,501
up €41,501 (+58.3%), from €71,164 to €112,665
- Current portion of long-term debt -€5,076
no longer reported in 2025 (was €5,076)
- Tax, wage and social debts +€3,496
up €3,496 (+18.7%), from €18,713 to €22,209
of which Taxes: +€3,338
- Trade debts +€2,132
up €2,132 (+911%), from €234 to €2,366
- Depreciation +€2,382
up €2,382 (+25.2%), from €9,442 to €11,823
- Gross operating margin -€2,071
down €2,071 (-3.1%), from €67,485 to €65,415
- Other operating charges -€787
down €787 (-43.8%), from €1,799 to €1,012
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 | €99,009 | €140,307 | +€41,298 | +41.7% |
| Fixed assets | 21/28 | €46,899 | €35,076 | -€11,823 | -25.2% |
| Tangible fixed assets | 22/27 | €46,899 | €35,076 | -€11,823 | -25.2% |
| Furniture and vehicles | 24 | €46,899 | €35,076 | -€11,823 | -25.2% |
| Current assets | 29/58 | €52,110 | €105,231 | +€53,121 | +102% |
| Amounts receivable within one year | 40/41 | €27,294 | €17,787 | -€9,507 | -34.8% |
| Trade receivables | 40 | €27,294 | €17,787 | -€9,507 | -34.8% |
| Cash at bank and in hand | 54/58 | €24,816 | €87,444 | +€62,628 | +252% |
| Total equity and liabilities | 10/49 | €99,009 | €140,307 | +€41,298 | +41.7% |
| Equity | 10/15 | €73,664 | €115,165 | +€41,501 | +56.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €71,164 | €112,665 | +€41,501 | +58.3% |
| Distributable reserves | 133 | €71,164 | €112,665 | +€41,501 | +58.3% |
| Amounts payable | 17/49 | €25,345 | €25,142 | -€203 | -0.8% |
| Amounts payable within one year | 42/48 | €24,023 | €24,648 | +€625 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €5,076 | - | -€5,076 | |
| Trade debts | 44 | €234 | €2,366 | +€2,132 | +911% |
| Suppliers | 440/4 | €234 | €2,366 | +€2,132 | +911% |
| Taxes, remuneration and social security | 45 | €18,713 | €22,209 | +€3,496 | +18.7% |
| Taxes | 450/3 | €16,234 | €19,571 | +€3,338 | +20.6% |
| Remuneration and social security | 454/9 | €2,479 | €2,637 | +€158 | +6.4% |
| Other amounts payable | 47/48 | - | €74 | +€74 | |
| Accrued charges and deferred income | 492/3 | €1,322 | €494 | -€828 | -62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,442 | €11,823 | +€2,382 | +25.2% |
| Other operating charges | 640/8 | €1,799 | €1,012 | -€787 | -43.8% |
| Gross operating margin | 9900 | €67,485 | €65,415 | -€2,071 | -3.1% |
| Operating profit (loss) | 9901 | €56,245 | €52,580 | -€3,665 | -6.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €658 | €198 | -€460 | -69.9% |
| Recurring financial charges | 65 | €658 | €198 | -€460 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €55,587 | €52,381 | -€3,206 | -5.8% |
| Income taxes | 67/77 | €11,485 | €10,880 | -€605 | -5.3% |
| Profit (loss) for the period | 9904 | €44,103 | €41,501 | -€2,601 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,103 | €41,501 | -€2,601 | -5.9% |
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 27 October 2026 via checked.be.