PIXA: 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.
PIXA
Largest movements
- Cash -€156
down €156 (-1.0%), from €14,926 to €14,770
mainly Receivables within one year (-€76) and Trade debts (-€54)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€376
up €376 (+88.5%), from -€425 to -€49
- Financial charges -€46
no longer reported in 2025 (was €46)
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 | €15,528 | €15,448 | -€80 | -0.5% |
| Current assets | 29/58 | €15,528 | €15,448 | -€80 | -0.5% |
| Amounts receivable within one year | 40/41 | €602 | €678 | +€76 | +12.6% |
| Other amounts receivable | 41 | €602 | €678 | +€76 | +12.6% |
| Cash at bank and in hand | 54/58 | €14,926 | €14,770 | -€156 | -1.0% |
| Total equity and liabilities | 10/49 | €15,528 | €15,448 | -€80 | -0.5% |
| Equity | 10/15 | €14,761 | €14,712 | -€49 | -0.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,239 | -€5,288 | -€49 | -0.9% |
| Amounts payable | 17/49 | €767 | €736 | -€31 | -4.0% |
| Amounts payable within one year | 42/48 | €767 | €736 | -€31 | -4.0% |
| Trade debts | 44 | €117 | €63 | -€54 | -46.2% |
| Suppliers | 440/4 | €117 | €63 | -€54 | -46.2% |
| Other amounts payable | 47/48 | €650 | €673 | +€23 | +3.6% |
| Gross operating margin | 9900 | -€425 | -€49 | +€376 | +88.5% |
| Operating profit (loss) | 9901 | -€425 | -€49 | +€376 | +88.5% |
| Financial charges | 65/66B | €46 | - | -€46 | |
| Recurring financial charges | 65 | €46 | - | -€46 | |
| Profit (loss) for the period before taxes | 9903 | -€471 | -€49 | +€423 | +89.6% |
| Profit (loss) for the period | 9904 | -€471 | -€49 | +€423 | +89.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€471 | -€49 | +€423 | +89.6% |
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 22 October 2026 via checked.be.