PIKININ: 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.
PIKININ
Largest movements
- Tangible fixed assets -€23,625
down €23,625 (-9.6%), from €245,625 to €222,000
- Cash -€7,071
down €7,071 (-44.3%), from €15,957 to €8,886
mainly Net result for the year (-€26,963) and Debts after one year (-€4,153)
- Profit (loss) carried forward -€26,963
down €26,963 (-15.6%), from -€172,456 to -€199,419
- Debts after one year -€4,153
down €4,153 (-8.9%), from €46,522 to €42,369
- Taxes +€1,279
no longer reported in 2025 (was -€1,279)
- Gross operating margin -€770
down €770 (-17.3%), from €4,441 to €3,671
- Other operating charges +€184
up €184 (+3.2%), from €5,840 to €6,024
- Financial charges -€69
down €69 (-6.5%), from €1,054 to €985
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 | €283,738 | €252,104 | -€31,634 | -11.1% |
| Fixed assets | 21/28 | €245,625 | €222,000 | -€23,625 | -9.6% |
| Tangible fixed assets | 22/27 | €245,625 | €222,000 | -€23,625 | -9.6% |
| Land and buildings | 22 | €245,625 | €222,000 | -€23,625 | -9.6% |
| Current assets | 29/58 | €38,113 | €30,104 | -€8,009 | -21.0% |
| Amounts receivable within one year | 40/41 | €22,156 | €21,218 | -€938 | -4.2% |
| Other amounts receivable | 41 | €22,156 | €21,218 | -€938 | -4.2% |
| Cash at bank and in hand | 54/58 | €15,957 | €8,886 | -€7,071 | -44.3% |
| Total equity and liabilities | 10/49 | €283,738 | €252,104 | -€31,634 | -11.1% |
| Equity | 10/15 | €232,544 | €205,581 | -€26,963 | -11.6% |
| Contributions | 10/11 | €405,000 | €405,000 | = | 0.0% |
| Capital | 10 | €405,000 | €405,000 | = | 0.0% |
| Issued capital | 100 | €405,000 | €405,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,456 | -€199,419 | -€26,963 | -15.6% |
| Amounts payable | 17/49 | €51,194 | €46,523 | -€4,671 | -9.1% |
| Amounts payable after more than one year | 17 | €46,522 | €42,369 | -€4,153 | -8.9% |
| Financial debts | 170/4 | €46,522 | €42,369 | -€4,153 | -8.9% |
| Amounts payable within one year | 42/48 | €4,672 | €4,154 | -€518 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €4,672 | €4,154 | -€518 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,625 | €23,625 | = | 0.0% |
| Other operating charges | 640/8 | €5,840 | €6,024 | +€184 | +3.2% |
| Gross operating margin | 9900 | €4,441 | €3,671 | -€770 | -17.3% |
| Operating profit (loss) | 9901 | -€25,024 | -€25,978 | -€954 | -3.8% |
| Financial charges | 65/66B | €1,054 | €985 | -€69 | -6.5% |
| Recurring financial charges | 65 | €1,054 | €985 | -€69 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,078 | -€26,963 | -€885 | -3.4% |
| Income taxes | 67/77 | -€1,279 | - | +€1,279 | |
| Profit (loss) for the period | 9904 | -€24,799 | -€26,963 | -€2,164 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,799 | -€26,963 | -€2,164 | -8.7% |
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 26 October 2026 via checked.be.