PICTURIMAGE: 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.
PICTURIMAGE
Largest movements
- Tangible fixed assets -€7,387
down €7,387 (-30.9%), from €23,916 to €16,530
of which Furniture and vehicles: -€6,299
- Cash -€3,148
down €3,148 (-3.4%), from €91,286 to €88,138
mainly Net result for the year (-€8,680) and Deferred charges and accrued income (-€584)
- Profit (loss) carried forward -€8,680
down €8,680 (-8.6%), from €101,295 to €92,616
- Gross operating margin -€5,826
down €5,826, from €4,870 to -€956
- Depreciation +€3,990
up €3,990 (+117%), from €3,396 to €7,387
- Other operating charges -€275
down €275 (-28.4%), from €970 to €695
- Financial income +€183
up €183 (+41.3%), from €443 to €625
- Taxes +€120
up €120 (+176%), from €68 to €188
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 | €117,221 | €107,670 | -€9,551 | -8.1% |
| Fixed assets | 21/28 | €23,956 | €16,570 | -€7,387 | -30.8% |
| Tangible fixed assets | 22/27 | €23,916 | €16,530 | -€7,387 | -30.9% |
| Plant, machinery and equipment | 23 | €2,806 | €1,718 | -€1,088 | -38.8% |
| Furniture and vehicles | 24 | €21,111 | €14,812 | -€6,299 | -29.8% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €93,265 | €91,101 | -€2,164 | -2.3% |
| Amounts receivable within one year | 40/41 | €717 | €1,118 | +€400 | +55.8% |
| Trade receivables | 40 | €684 | €1,053 | +€369 | +54.0% |
| Other amounts receivable | 41 | €34 | €65 | +€31 | +92.9% |
| Cash at bank and in hand | 54/58 | €91,286 | €88,138 | -€3,148 | -3.4% |
| Deferred charges and accrued income | 490/1 | €1,261 | €1,845 | +€584 | +46.3% |
| Total equity and liabilities | 10/49 | €117,221 | €107,670 | -€9,551 | -8.1% |
| Equity | 10/15 | €114,495 | €105,816 | -€8,680 | -7.6% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,295 | €92,616 | -€8,680 | -8.6% |
| Amounts payable | 17/49 | €2,726 | €1,855 | -€871 | -32.0% |
| Amounts payable within one year | 42/48 | €2,726 | €1,855 | -€871 | -32.0% |
| Trade debts | 44 | €589 | €157 | -€431 | -73.3% |
| Suppliers | 440/4 | €589 | €157 | -€431 | -73.3% |
| Taxes, remuneration and social security | 45 | €467 | €11 | -€456 | -97.7% |
| Taxes | 450/3 | €467 | €11 | -€456 | -97.7% |
| Other amounts payable | 47/48 | €1,670 | €1,687 | +€17 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,396 | €7,387 | +€3,990 | +117% |
| Other operating charges | 640/8 | €970 | €695 | -€275 | -28.4% |
| Non-recurring operating charges | 66A | €7,201 | - | -€7,201 | |
| Gross operating margin | 9900 | €4,870 | -€956 | -€5,826 | |
| Operating profit (loss) | 9901 | -€6,697 | -€9,037 | -€2,340 | -34.9% |
| Financial income | 75/76B | €443 | €625 | +€183 | +41.3% |
| Recurring financial income | 75 | €443 | €625 | +€183 | +41.3% |
| Financial charges | 65/66B | €84 | €81 | -€4 | -4.2% |
| Recurring financial charges | 65 | €84 | €81 | -€4 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,338 | -€8,492 | -€2,154 | -34.0% |
| Income taxes | 67/77 | €68 | €188 | +€120 | +176% |
| Profit (loss) for the period | 9904 | -€6,406 | -€8,680 | -€2,273 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,406 | -€8,680 | -€2,273 | -35.5% |
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 23 October 2026 via checked.be.