PIXEL NINETEEN: 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.
PIXEL NINETEEN
Largest movements
- Cash +€29,597
up €29,597 (+61.3%), from €48,303 to €77,900
mainly Receivables within one year (+€19,565) and Net result for the year (+€5,192)
- Receivables within one year -€19,565
down €19,565 (-62.0%), from €31,544 to €11,979
of which Trade receivables: -€9,831
- Tangible fixed assets -€1,299
down €1,299 (-63.2%), from €2,055 to €756
- Profit (loss) carried forward +€5,192
up €5,192 (+122.0%), from €4,257 to €9,449
- Tax, wage and social debts +€1,467
up €1,467 (+6.5%), from €22,645 to €24,112
of which Taxes: +€1,002
- Trade debts +€1,455
up €1,455 (+153.7%), from €947 to €2,402
- Gross operating margin -€30,563
down €30,563 (-76.6%), from €39,882 to €9,319
- Taxes -€7,706
down €7,706 (-77.2%), from €9,979 to €2,273
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,849 | €91,036 | +€8,187 | +9.9% |
| Fixed assets | 21/28 | €2,055 | €756 | -€1,299 | -63.2% |
| Tangible fixed assets | 22/27 | €2,055 | €756 | -€1,299 | -63.2% |
| Furniture and vehicles | 24 | €2,055 | €756 | -€1,299 | -63.2% |
| Current assets | 29/58 | €80,794 | €90,280 | +€9,486 | +11.7% |
| Amounts receivable within one year | 40/41 | €31,544 | €11,979 | -€19,565 | -62.0% |
| Trade receivables | 40 | €21,810 | €11,979 | -€9,831 | -45.1% |
| Other amounts receivable | 41 | €9,734 | - | -€9,734 | |
| Cash at bank and in hand | 54/58 | €48,303 | €77,900 | +€29,597 | +61.3% |
| Deferred charges and accrued income | 490/1 | €947 | €401 | -€546 | -57.6% |
| Total equity and liabilities | 10/49 | €82,849 | €91,036 | +€8,187 | +9.9% |
| Equity | 10/15 | €59,257 | €64,449 | +€5,192 | +8.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | - | -€5,000 | |
| Share premium | 1100/10 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,257 | €9,449 | +€5,192 | +122.0% |
| Amounts payable | 17/49 | €23,592 | €26,587 | +€2,995 | +12.7% |
| Amounts payable within one year | 42/48 | €23,592 | €26,587 | +€2,995 | +12.7% |
| Financial debts | 43 | - | €73 | +€73 | |
| Credit institutions | 430/8 | - | €73 | +€73 | |
| Trade debts | 44 | €947 | €2,402 | +€1,455 | +153.7% |
| Suppliers | 440/4 | €947 | €2,402 | +€1,455 | +153.7% |
| Taxes, remuneration and social security | 45 | €22,645 | €24,112 | +€1,467 | +6.5% |
| Taxes | 450/3 | €20,729 | €21,731 | +€1,002 | +4.8% |
| Remuneration and social security | 454/9 | €1,916 | €2,381 | +€465 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €1,299 | = | 0.0% |
| Other operating charges | 640/8 | €520 | €243 | -€277 | -53.3% |
| Gross operating margin | 9900 | €39,882 | €9,319 | -€30,563 | -76.6% |
| Operating profit (loss) | 9901 | €38,063 | €7,777 | -€30,286 | -79.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €80 | €312 | +€233 | +291.0% |
| Recurring financial charges | 65 | €80 | €312 | +€233 | +291.0% |
| Profit (loss) for the period before taxes | 9903 | €37,984 | €7,464 | -€30,520 | -80.3% |
| Income taxes | 67/77 | €9,979 | €2,273 | -€7,706 | -77.2% |
| Profit (loss) for the period | 9904 | €28,005 | €5,192 | -€22,813 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,005 | €5,192 | -€22,813 | -81.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.