PIXEL PERFECT IT: 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 PERFECT IT
Largest movements
- Cash +€35,051
up €35,051 (+88.9%), from €39,447 to €74,498
mainly Other debts (+€26,885) and Net result for the year (+€9,934)
- Tangible fixed assets -€4,132
down €4,132 (-14.3%), from €28,845 to €24,713
of which Other tangible fixed assets: -€2,866
- Receivables within one year -€2,709
down €2,709 (-16.6%), from €16,278 to €13,569
of which Trade receivables: -€7,991
- Other debts +€26,885
up €26,885 (+49.6%), from €54,256 to €81,140
- Trade debts +€1,569
up €1,569 (+316%), from €497 to €2,066
- Financial charges +€23,565
up €23,565 (+57.4%), from €41,087 to €64,653
- Gross operating margin +€14,186
up €14,186 (+20.8%), from €68,185 to €82,371
- Taxes -€1,344
down €1,344 (-30.3%), from €4,431 to €3,087
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 | €85,995 | €114,250 | +€28,255 | +32.9% |
| Fixed assets | 21/28 | €29,020 | €24,888 | -€4,132 | -14.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €28,845 | €24,713 | -€4,132 | -14.3% |
| Furniture and vehicles | 24 | €2,501 | €1,235 | -€1,266 | -50.6% |
| Other tangible fixed assets | 26 | €26,344 | €23,478 | -€2,866 | -10.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €56,976 | €89,362 | +€32,387 | +56.8% |
| Amounts receivable within one year | 40/41 | €16,278 | €13,569 | -€2,709 | -16.6% |
| Trade receivables | 40 | €16,207 | €8,216 | -€7,991 | -49.3% |
| Other amounts receivable | 41 | €71 | €5,353 | +€5,282 | +7,413% |
| Current investments | 50/53 | €600 | €600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,447 | €74,498 | +€35,051 | +88.9% |
| Deferred charges and accrued income | 490/1 | €650 | €695 | +€45 | +6.9% |
| Total equity and liabilities | 10/49 | €85,995 | €114,250 | +€28,255 | +32.9% |
| Equity | 10/15 | €21,812 | €20,746 | -€1,066 | -4.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,407 | €341 | -€1,066 | -75.8% |
| Amounts payable | 17/49 | €64,183 | €93,504 | +€29,321 | +45.7% |
| Amounts payable within one year | 42/48 | €62,501 | €91,960 | +€29,459 | +47.1% |
| Trade debts | 44 | €497 | €2,066 | +€1,569 | +316% |
| Suppliers | 440/4 | €497 | €2,066 | +€1,569 | +316% |
| Taxes, remuneration and social security | 45 | €7,748 | €8,754 | +€1,006 | +13.0% |
| Taxes | 450/3 | €7,748 | €8,754 | +€1,006 | +13.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €54,256 | €81,140 | +€26,885 | +49.6% |
| Accrued charges and deferred income | 492/3 | €1,683 | €1,544 | -€138 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,295 | €4,132 | -€163 | -3.8% |
| Other operating charges | 640/8 | €548 | €566 | +€18 | +3.3% |
| Gross operating margin | 9900 | €68,185 | €82,371 | +€14,186 | +20.8% |
| Operating profit (loss) | 9901 | €63,342 | €77,673 | +€14,331 | +22.6% |
| Financial income | 75/76B | €8 | €0 | -€8 | -97.3% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -97.3% |
| Financial charges | 65/66B | €41,087 | €64,653 | +€23,565 | +57.4% |
| Recurring financial charges | 65 | €41,087 | €64,653 | +€23,565 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | €22,263 | €13,020 | -€9,243 | -41.5% |
| Income taxes | 67/77 | €4,431 | €3,087 | -€1,344 | -30.3% |
| Profit (loss) for the period | 9904 | €17,832 | €9,934 | -€7,898 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,832 | €9,934 | -€7,898 | -44.3% |
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 14 October 2026 via checked.be.