PICTRO DUMON: what changed
PICTRO DUMON
Largest movements
- Cash +€11,452
up €11,452 (+167%), from €6,850 to €18,302
mainly Trade debts (+€18,857) and Depreciation (+€12,758)
- Deferred charges and accrued income -€7,438
down €7,438 (-75.1%), from €9,905 to €2,467
- Tangible fixed assets -€6,536
down €6,536 (-19.7%), from €33,227 to €26,691
of which Furniture and vehicles: -€7,523
- Stocks and contracts -€3,875
down €3,875 (-3.7%), from €103,725 to €99,850
- Receivables within one year -€3,016
down €3,016 (-9.6%), from €31,499 to €28,483
- Tax, wage and social debts -€19,730
down €19,730 (-49.1%), from €40,221 to €20,491
of which Remuneration and social security: -€15,434
- Trade debts +€18,857
up €18,857 (+39.4%), from €47,829 to €66,686
- Current portion of long-term debt -€11,862
down €11,862 (-63.7%), from €18,634 to €6,772
- Debts after one year -€6,772
down €6,772 (-42.9%), from €15,775 to €9,003
- Other debts +€5,001
up €5,001 (+6.8%), from €73,266 to €78,267
- Staff costs -€13,304
down €13,304 (-13.5%), from €98,770 to €85,466
- Other operating charges +€4,000
up €4,000 (+52.7%), from €7,589 to €11,589
- Financial charges +€2,273
up €2,273 (+37.9%), from €5,998 to €8,271
- Taxes +€2,241
up €2,241 (+1,115%), from €201 to €2,442
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,312 | €196,101 | -€11,211 | -5.4% |
| Fixed assets | 21/28 | €55,333 | €46,999 | -€8,334 | -15.1% |
| Intangible fixed assets | 21 | €5,194 | €3,396 | -€1,798 | -34.6% |
| Tangible fixed assets | 22/27 | €33,227 | €26,691 | -€6,536 | -19.7% |
| Plant, machinery and equipment | 23 | €5,334 | €6,321 | +€987 | +18.5% |
| Furniture and vehicles | 24 | €27,893 | €20,370 | -€7,523 | -27.0% |
| Financial fixed assets | 28 | €16,912 | €16,912 | = | 0.0% |
| Current assets | 29/58 | €151,979 | €149,102 | -€2,877 | -1.9% |
| Stocks and contracts in progress | 3 | €103,725 | €99,850 | -€3,875 | -3.7% |
| Stocks | 30/36 | €103,725 | €99,850 | -€3,875 | -3.7% |
| Amounts receivable within one year | 40/41 | €31,499 | €28,483 | -€3,016 | -9.6% |
| Trade receivables | 40 | €31,499 | €28,483 | -€3,016 | -9.6% |
| Cash at bank and in hand | 54/58 | €6,850 | €18,302 | +€11,452 | +167% |
| Deferred charges and accrued income | 490/1 | €9,905 | €2,467 | -€7,438 | -75.1% |
| Total equity and liabilities | 10/49 | €207,312 | €196,101 | -€11,211 | -5.4% |
| Equity | 10/15 | €11,587 | €14,882 | +€3,295 | +28.4% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,413 | -€30,118 | +€3,295 | +9.9% |
| Amounts payable | 17/49 | €195,725 | €181,219 | -€14,506 | -7.4% |
| Amounts payable after more than one year | 17 | €15,775 | €9,003 | -€6,772 | -42.9% |
| Financial debts | 170/4 | €15,775 | €9,003 | -€6,772 | -42.9% |
| Amounts payable within one year | 42/48 | €179,950 | €172,216 | -€7,734 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €18,634 | €6,772 | -€11,862 | -63.7% |
| Trade debts | 44 | €47,829 | €66,686 | +€18,857 | +39.4% |
| Suppliers | 440/4 | €47,829 | €66,686 | +€18,857 | +39.4% |
| Taxes, remuneration and social security | 45 | €40,221 | €20,491 | -€19,730 | -49.1% |
| Taxes | 450/3 | €16,292 | €11,996 | -€4,296 | -26.4% |
| Remuneration and social security | 454/9 | €23,929 | €8,495 | -€15,434 | -64.5% |
| Other amounts payable | 47/48 | €73,266 | €78,267 | +€5,001 | +6.8% |
| Remuneration, social security and pensions | 62 | €98,770 | €85,466 | -€13,304 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,711 | €12,758 | +€1,047 | +8.9% |
| Other operating charges | 640/8 | €7,589 | €11,589 | +€4,000 | +52.7% |
| Gross operating margin | 9900 | €123,594 | €122,664 | -€930 | -0.8% |
| Operating profit (loss) | 9901 | €5,524 | €12,851 | +€7,327 | +133% |
| Financial income | 75/76B | €969 | €1,157 | +€188 | +19.4% |
| Recurring financial income | 75 | €969 | €1,157 | +€188 | +19.4% |
| Financial charges | 65/66B | €5,998 | €8,271 | +€2,273 | +37.9% |
| Recurring financial charges | 65 | €5,998 | €8,271 | +€2,273 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €495 | €5,737 | +€5,242 | +1,059% |
| Income taxes | 67/77 | €201 | €2,442 | +€2,241 | +1,115% |
| Profit (loss) for the period | 9904 | €294 | €3,295 | +€3,001 | +1,021% |
| Profit (loss) for the period to be appropriated | 9905 | €294 | €3,295 | +€3,001 | +1,021% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.