PIMLICKO: 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.
PIMLICKO
Largest movements
- Receivables within one year -€56,028
down €56,028 (-72.3%), from €77,489 to €21,460
of which Other amounts receivable: -€57,965
- Cash -€11,223
down €11,223 (-30.8%), from €36,404 to €25,181
mainly Contributions, distributions and other (-€146,900) and Tax, wage and social debts (-€2,550)
- Tangible fixed assets -€4,652
down €4,652 (-67.8%), from €6,860 to €2,209
- Reserves -€110,000
down €110,000 (-100.0%), from €110,000 to €0
- Other debts +€42,433
up €42,433 (+3030.9%), from €1,400 to €43,833
- Tax, wage and social debts -€2,550
down €2,550 (-58.6%), from €4,350 to €1,800
- Current portion of long-term debt -€1,569
down €1,569 (-83.0%), from €1,890 to €321
- Financial charges +€45,441
up €45,441 (+17219.0%), from €264 to €45,705
- Gross operating margin +€21,200
up €21,200 (+27.3%), from €77,591 to €98,791
- Taxes -€3,981
down €3,981 (-26.4%), from €15,089 to €11,107
- Depreciation -€3,633
down €3,633 (-43.9%), from €8,285 to €4,652
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 | €121,852 | €49,777 | -€72,075 | -59.1% |
| Fixed assets | 21/28 | €6,860 | €2,209 | -€4,652 | -67.8% |
| Tangible fixed assets | 22/27 | €6,860 | €2,209 | -€4,652 | -67.8% |
| Furniture and vehicles | 24 | €6,860 | €2,209 | -€4,652 | -67.8% |
| Current assets | 29/58 | €114,992 | €47,568 | -€67,423 | -58.6% |
| Amounts receivable within one year | 40/41 | €77,489 | €21,460 | -€56,028 | -72.3% |
| Trade receivables | 40 | €12,500 | €14,437 | +€1,937 | +15.5% |
| Other amounts receivable | 41 | €64,989 | €7,024 | -€57,965 | -89.2% |
| Cash at bank and in hand | 54/58 | €36,404 | €25,181 | -€11,223 | -30.8% |
| Deferred charges and accrued income | 490/1 | €1,098 | €927 | -€172 | -15.6% |
| Total equity and liabilities | 10/49 | €121,852 | €49,777 | -€72,075 | -59.1% |
| Equity | 10/15 | €112,763 | €2,500 | -€110,263 | -97.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €110,000 | €0 | -€110,000 | -100.0% |
| Distributable reserves | 133 | €110,000 | €0 | -€110,000 | -100.0% |
| Profit (loss) carried forward | 14 | €263 | €0 | -€263 | -100.0% |
| Amounts payable | 17/49 | €9,089 | €47,277 | +€38,188 | +420.2% |
| Amounts payable after more than one year | 17 | €321 | €0 | -€321 | -100.0% |
| Financial debts | 170/4 | €321 | €0 | -€321 | -100.0% |
| Amounts payable within one year | 42/48 | €8,734 | €47,277 | +€38,543 | +441.3% |
| Current portion of amounts payable after more than one year | 42 | €1,890 | €321 | -€1,569 | -83.0% |
| Trade debts | 44 | €1,094 | €1,323 | +€229 | +20.9% |
| Suppliers | 440/4 | €1,094 | €1,323 | +€229 | +20.9% |
| Taxes, remuneration and social security | 45 | €4,350 | €1,800 | -€2,550 | -58.6% |
| Taxes | 450/3 | €4,350 | €1,800 | -€2,550 | -58.6% |
| Other amounts payable | 47/48 | €1,400 | €43,833 | +€42,433 | +3030.9% |
| Accrued charges and deferred income | 492/3 | €33 | €0 | -€33 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,285 | €4,652 | -€3,633 | -43.9% |
| Other operating charges | 640/8 | €569 | €934 | +€364 | +64.0% |
| Gross operating margin | 9900 | €77,591 | €98,791 | +€21,200 | +27.3% |
| Operating profit (loss) | 9901 | €68,737 | €93,205 | +€24,469 | +35.6% |
| Financial income | 75/76B | - | €243 | +€243 | |
| Recurring financial income | 75 | - | €243 | +€243 | |
| Financial charges | 65/66B | €264 | €45,705 | +€45,441 | +17219.0% |
| Recurring financial charges | 65 | €264 | €45,705 | +€45,441 | +17219.0% |
| Profit (loss) for the period before taxes | 9903 | €68,473 | €47,744 | -€20,729 | -30.3% |
| Income taxes | 67/77 | €15,089 | €11,107 | -€3,981 | -26.4% |
| Profit (loss) for the period | 9904 | €53,384 | €36,637 | -€16,747 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,384 | €36,637 | -€16,747 | -31.4% |
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 8 October 2026 via checked.be.