PIKODERM: what changed
Two fiscal 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.
PIKODERM
Largest movements
- Tangible fixed assets +€4,396
up €4,396 (+48.1%), from €9,141 to €13,537
of which Plant, machinery and equipment: +€3,480
- Receivables within one year +€4,365
up €4,365 (+21.9%), from €19,978 to €24,343
of which Other amounts receivable: +€2,322
- Cash +€2,610
up €2,610 (+197.9%), from €1,319 to €3,929
mainly Net result for the year (+€8,977) and Tax, wage and social debts (+€6,847)
- Profit (loss) carried forward +€8,977
up €8,977 (+362.3%), from €2,478 to €11,455
- Tax, wage and social debts +€6,847
up €6,847 (+57.3%), from €11,939 to €18,786
of which Taxes: +€3,839
- Trade debts -€4,450
down €4,450 (-36.3%), from €12,262 to €7,812
- Purchases and services -€20,982
down €20,982 (-25.8%), from €81,430 to €60,448
- Gross operating margin +€18,977
up €18,977, from -€2,554 to €16,423
- Financial income -€13,216
no longer reported in 2025 (was €13,216)
of which Non-recurring financial income: -€13,023
- Turnover +€13,169
up €13,169 (+20.7%), from €63,703 to €76,872
- Depreciation +€3,134
up €3,134 (+941.2%), from €333 to €3,467
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 | €30,720 | €42,092 | +€11,372 | +37.0% |
| Fixed assets | 21/28 | €9,195 | €13,592 | +€4,397 | +47.8% |
| Tangible fixed assets | 22/27 | €9,141 | €13,537 | +€4,396 | +48.1% |
| Plant, machinery and equipment | 23 | €5,632 | €9,112 | +€3,480 | +61.8% |
| Furniture and vehicles | 24 | €1,672 | €2,966 | +€1,294 | +77.4% |
| Leasing and similar rights | 25 | €1,837 | - | -€1,837 | |
| Other tangible fixed assets | 26 | - | €1,460 | +€1,460 | |
| Financial fixed assets | 28 | €54 | €54 | +€0 | +0.4% |
| Current assets | 29/58 | €21,525 | €28,501 | +€6,976 | +32.4% |
| Amounts receivable within one year | 40/41 | €19,978 | €24,343 | +€4,365 | +21.9% |
| Trade receivables | 40 | €13,616 | €15,659 | +€2,043 | +15.0% |
| Other amounts receivable | 41 | €6,362 | €8,684 | +€2,322 | +36.5% |
| Cash at bank and in hand | 54/58 | €1,319 | €3,929 | +€2,610 | +197.9% |
| Deferred charges and accrued income | 490/1 | €228 | €228 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €30,720 | €42,092 | +€11,372 | +37.0% |
| Equity | 10/15 | €6,478 | €15,455 | +€8,977 | +138.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,478 | €11,455 | +€8,977 | +362.3% |
| Amounts payable | 17/49 | €24,242 | €26,638 | +€2,396 | +9.9% |
| Amounts payable within one year | 42/48 | €24,201 | €26,638 | +€2,437 | +10.1% |
| Trade debts | 44 | €12,262 | €7,812 | -€4,450 | -36.3% |
| Suppliers | 440/4 | €12,262 | €7,812 | -€4,450 | -36.3% |
| Taxes, remuneration and social security | 45 | €11,939 | €18,786 | +€6,847 | +57.3% |
| Taxes | 450/3 | €5,727 | €9,566 | +€3,839 | +67.0% |
| Remuneration and social security | 454/9 | €6,212 | €9,220 | +€3,008 | +48.4% |
| Other amounts payable | 47/48 | - | €41 | +€41 | |
| Accrued charges and deferred income | 492/3 | €41 | - | -€41 | |
| Turnover | 70 | €63,703 | €76,872 | +€13,169 | +20.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €81,430 | €60,448 | -€20,982 | -25.8% |
| Remuneration, social security and pensions | 62 | - | €48 | +€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €3,467 | +€3,134 | +941.2% |
| Other operating charges | 640/8 | €1,002 | €855 | -€147 | -14.7% |
| Gross operating margin | 9900 | -€2,554 | €16,423 | +€18,977 | |
| Operating profit (loss) | 9901 | -€3,889 | €12,053 | +€15,942 | |
| Financial income | 75/76B | €13,216 | - | -€13,216 | |
| Recurring financial income | 75 | €193 | - | -€193 | |
| Non-recurring financial income | 76B | €13,023 | - | -€13,023 | |
| Financial charges | 65/66B | €323 | €437 | +€114 | +35.2% |
| Recurring financial charges | 65 | €323 | €437 | +€114 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €9,004 | €11,616 | +€2,612 | +29.0% |
| Income taxes | 67/77 | €1,949 | €2,640 | +€691 | +35.4% |
| Profit (loss) for the period | 9904 | €7,055 | €8,977 | +€1,922 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,055 | €8,977 | +€1,922 | +27.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.