PIXEL JAR: 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.
PIXEL JAR
Largest movements
- Cash +€108,734
up €108,734 (+91.9%), from €118,379 to €227,112
mainly Net result for the year (+€49,264) and Receivables within one year (+€38,132)
- Receivables within one year -€38,132
down €38,132 (-69.5%), from €54,869 to €16,737
of which Trade receivables: -€37,772
- Tangible fixed assets -€18,258
down €18,258 (-28.0%), from €65,275 to €47,017
of which Furniture and vehicles: -€14,961
- Profit (loss) carried forward +€49,264
up €49,264 (+28.7%), from €171,797 to €221,062
- Tax, wage and social debts +€4,206
up €4,206 (+19.1%), from €22,072 to €26,278
of which Taxes: +€4,206
- Gross operating margin +€25,854
up €25,854 (+44.4%), from €58,221 to €84,075
- Taxes +€4,667
up €4,667 (+52.6%), from €8,873 to €13,540
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 | €241,642 | €293,909 | +€52,268 | +21.6% |
| Fixed assets | 21/28 | €65,277 | €47,019 | -€18,258 | -28.0% |
| Intangible fixed assets | 21 | €2 | €2 | = | 0.0% |
| Tangible fixed assets | 22/27 | €65,275 | €47,017 | -€18,258 | -28.0% |
| Plant, machinery and equipment | 23 | €5,442 | €3,792 | -€1,650 | -30.3% |
| Furniture and vehicles | 24 | €48,003 | €33,042 | -€14,961 | -31.2% |
| Other tangible fixed assets | 26 | €11,830 | €10,183 | -€1,648 | -13.9% |
| Current assets | 29/58 | €176,364 | €246,890 | +€70,526 | +40.0% |
| Amounts receivable within one year | 40/41 | €54,869 | €16,737 | -€38,132 | -69.5% |
| Trade receivables | 40 | €54,509 | €16,737 | -€37,772 | -69.3% |
| Other amounts receivable | 41 | €360 | - | -€360 | |
| Cash at bank and in hand | 54/58 | €118,379 | €227,112 | +€108,734 | +91.9% |
| Deferred charges and accrued income | 490/1 | €3,117 | €3,041 | -€76 | -2.4% |
| Total equity and liabilities | 10/49 | €241,642 | €293,909 | +€52,268 | +21.6% |
| Equity | 10/15 | €192,257 | €241,522 | +€49,264 | +25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,797 | €221,062 | +€49,264 | +28.7% |
| Amounts payable | 17/49 | €49,384 | €52,388 | +€3,003 | +6.1% |
| Amounts payable within one year | 42/48 | €49,184 | €52,388 | +€3,203 | +6.5% |
| Financial debts | 43 | €119 | €826 | +€707 | +596% |
| Credit institutions | 430/8 | €119 | €826 | +€707 | +596% |
| Trade debts | 44 | €3,453 | €1,898 | -€1,555 | -45.0% |
| Suppliers | 440/4 | €3,453 | €1,898 | -€1,555 | -45.0% |
| Taxes, remuneration and social security | 45 | €22,072 | €26,278 | +€4,206 | +19.1% |
| Taxes | 450/3 | €20,322 | €24,528 | +€4,206 | +20.7% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €23,540 | €23,385 | -€155 | -0.7% |
| Accrued charges and deferred income | 492/3 | €200 | - | -€200 | |
| Remuneration, social security and pensions | 62 | €429 | €295 | -€134 | -31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,261 | €19,810 | -€450 | -2.2% |
| Other operating charges | 640/8 | €1,073 | €1,027 | -€45 | -4.2% |
| Gross operating margin | 9900 | €58,221 | €84,075 | +€25,854 | +44.4% |
| Operating profit (loss) | 9901 | €36,459 | €62,942 | +€26,483 | +72.6% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €142 | €138 | -€4 | -2.5% |
| Recurring financial charges | 65 | €142 | €138 | -€4 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €36,333 | €62,804 | +€26,471 | +72.9% |
| Income taxes | 67/77 | €8,873 | €13,540 | +€4,667 | +52.6% |
| Profit (loss) for the period | 9904 | €27,460 | €49,264 | +€21,804 | +79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,460 | €49,264 | +€21,804 | +79.4% |
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 25 October 2026 via checked.be.