PiDEK: 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.
PiDEK
Largest movements
- Cash -€89,527
down €89,527 (-54.3%), from €164,889 to €75,361
mainly Contributions, distributions and other (-€248,095) and Receivables within one year (-€36,485)
- Receivables within one year +€36,485
up €36,485 (+194.0%), from €18,810 to €55,295
of which Trade receivables: +€37,150
- Tangible fixed assets -€13,773
down €13,773 (-17.4%), from €79,068 to €65,296
- Reserves -€192,724
down €192,724 (-97.3%), from €198,095 to €5,371
- Other debts +€85,881
new in 2025: €85,881
- Trade debts +€62,746
up €62,746 (+36459.1%), from €172 to €62,918
- Debts after one year -€10,910
down €10,910 (-100.0%), from €10,910 to €0
- Current portion of long-term debt -€7,509
down €7,509 (-37.6%), from €19,968 to €12,460
- Gross operating margin +€9,238
up €9,238 (+10.6%), from €87,167 to €96,405
- Other operating charges -€8,157
down €8,157 (-86.0%), from €9,488 to €1,332
- Depreciation +€6,646
up €6,646 (+54.4%), from €12,222 to €18,868
- Taxes +€3,111
up €3,111 (+18.1%), from €17,190 to €20,301
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 | €263,265 | €198,768 | -€64,497 | -24.5% |
| Fixed assets | 21/28 | €79,068 | €65,296 | -€13,773 | -17.4% |
| Tangible fixed assets | 22/27 | €79,068 | €65,296 | -€13,773 | -17.4% |
| Furniture and vehicles | 24 | €79,068 | €65,296 | -€13,773 | -17.4% |
| Current assets | 29/58 | €184,197 | €133,472 | -€50,725 | -27.5% |
| Amounts receivable within one year | 40/41 | €18,810 | €55,295 | +€36,485 | +194.0% |
| Trade receivables | 40 | €18,145 | €55,295 | +€37,150 | +204.7% |
| Other amounts receivable | 41 | €665 | €0 | -€665 | -100.0% |
| Cash at bank and in hand | 54/58 | €164,889 | €75,361 | -€89,527 | -54.3% |
| Deferred charges and accrued income | 490/1 | €498 | €2,816 | +€2,318 | +464.9% |
| Total equity and liabilities | 10/49 | €263,265 | €198,768 | -€64,497 | -24.5% |
| Equity | 10/15 | €204,095 | €11,371 | -€192,724 | -94.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €198,095 | €5,371 | -€192,724 | -97.3% |
| Distributable reserves | 133 | €198,095 | €5,371 | -€192,724 | -97.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €59,170 | €187,397 | +€128,227 | +216.7% |
| Amounts payable after more than one year | 17 | €10,910 | €0 | -€10,910 | -100.0% |
| Financial debts | 170/4 | €10,910 | €0 | -€10,910 | -100.0% |
| Amounts payable within one year | 42/48 | €48,215 | €187,209 | +€138,994 | +288.3% |
| Current portion of amounts payable after more than one year | 42 | €19,968 | €12,460 | -€7,509 | -37.6% |
| Trade debts | 44 | €172 | €62,918 | +€62,746 | +36459.1% |
| Suppliers | 440/4 | €172 | €62,918 | +€62,746 | +36459.1% |
| Taxes, remuneration and social security | 45 | €28,074 | €25,950 | -€2,125 | -7.6% |
| Taxes | 450/3 | €28,074 | €23,390 | -€4,685 | -16.7% |
| Remuneration and social security | 454/9 | €0 | €2,560 | +€2,560 | |
| Other amounts payable | 47/48 | - | €85,881 | +€85,881 | |
| Accrued charges and deferred income | 492/3 | €45 | €188 | +€143 | +317.9% |
| Non-recurring operating income | 76A | €2,742 | €0 | -€2,742 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,222 | €18,868 | +€6,646 | +54.4% |
| Other operating charges | 640/8 | €9,488 | €1,332 | -€8,157 | -86.0% |
| Gross operating margin | 9900 | €87,167 | €96,405 | +€9,238 | +10.6% |
| Operating profit (loss) | 9901 | €65,457 | €76,206 | +€10,749 | +16.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €825 | €534 | -€291 | -35.3% |
| Recurring financial charges | 65 | €825 | €534 | -€291 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €64,632 | €75,672 | +€11,040 | +17.1% |
| Income taxes | 67/77 | €17,190 | €20,301 | +€3,111 | +18.1% |
| Profit (loss) for the period | 9904 | €47,442 | €55,371 | +€7,929 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,442 | €55,371 | +€7,929 | +16.7% |
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.