Skip to content

Pixelminds: 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.

What changed

Pixelminds

BE 0760.698.744
NACE 74.120, Graphic design and visual communication
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€84
2024 · -€3,474+€3,558
Equity
€85,878
2024 · €85,794+€84
Cash
€34,897
2024 · €4,674+€30,222
Balance sheet total
€153,404
2024 · €140,123+€13,281

Largest movements

2024 to 2025
Assets
  • Cash +€30,222

    up €30,222 (+646.6%), from €4,674 to €34,897

    mainly Tax, wage and social debts (+€18,063) and Depreciation (+€15,181)

  • Tangible fixed assets -€15,181

    down €15,181 (-52.0%), from €29,198 to €14,017

    of which Plant, machinery and equipment: -€8,736

Equity and liabilities
  • Tax, wage and social debts +€18,063

    up €18,063 (+19334.8%), from €93 to €18,156

  • Trade debts -€5,812

    down €5,812 (-63.2%), from €9,203 to €3,391

Income statement
  • Gross operating margin +€6,106

    up €6,106 (+39.2%), from €15,574 to €21,680

  • Financial charges +€2,339

    up €2,339 (+75.7%), from €3,088 to €5,427

  • Taxes +€325

    up €325 (+107.6%), from €302 to €627

  • Financial income +€307

    up €307 (+118007.7%), from €0 to €307

  • Depreciation +€243

    up €243 (+1.6%), from €14,938 to €15,181

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€3,474
Gross operating margin +€6,106
Depreciation -€243
Other operating charges +€52
Financial income +€307
Financial charges -€2,339
Taxes -€325
Result 2025 €84

Cash bridge derived

cash 2024 to 2025

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.

From operations +€30,222
Investment €0
Financing €0
Cash 2024 €4,674
Net result for the year +€84
Depreciation +€15,181
Receivables within one year +€1,021
Deferred charges and accrued income +€739
Trade debts -€5,812
Tax, wage and social debts +€18,063
Other debts +€546
Accrued charges and deferred income +€401
Cash 2025 €34,897
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €140,123 €153,404 +€13,281 +9.5%
Fixed assets 21/28 €29,198 €14,017 -€15,181 -52.0%
Tangible fixed assets 22/27 €29,198 €14,017 -€15,181 -52.0%
Plant, machinery and equipment 23 €8,737 €1 -€8,736 -100.0%
Furniture and vehicles 24 €20,461 €14,016 -€6,445 -31.5%
Current assets 29/58 €110,925 €139,387 +€28,462 +25.7%
Amounts receivable within one year 40/41 €97,290 €96,269 -€1,021 -1.0%
Trade receivables 40 €77,856 €82,892 +€5,036 +6.5%
Other amounts receivable 41 €19,434 €13,377 -€6,057 -31.2%
Cash at bank and in hand 54/58 €4,674 €34,897 +€30,222 +646.6%
Deferred charges and accrued income 490/1 €8,960 €8,221 -€739 -8.3%
Total equity and liabilities 10/49 €140,123 €153,404 +€13,281 +9.5%
Equity 10/15 €85,794 €85,878 +€84 +0.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €80,794 €80,878 +€84 +0.1%
Distributable reserves 133 €80,794 €80,878 +€84 +0.1%
Amounts payable 17/49 €54,329 €67,526 +€13,197 +24.3%
Amounts payable within one year 42/48 €54,263 €67,059 +€12,796 +23.6%
Trade debts 44 €9,203 €3,391 -€5,812 -63.2%
Suppliers 440/4 €9,203 €3,391 -€5,812 -63.2%
Taxes, remuneration and social security 45 €93 €18,156 +€18,063 +19334.8%
Taxes 450/3 €93 €18,156 +€18,063 +19334.8%
Other amounts payable 47/48 €44,967 €45,512 +€546 +1.2%
Accrued charges and deferred income 492/3 €66 €467 +€401 +610.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,938 €15,181 +€243 +1.6%
Other operating charges 640/8 €720 €667 -€52 -7.3%
Gross operating margin 9900 €15,574 €21,680 +€6,106 +39.2%
Operating profit (loss) 9901 -€84 €5,831 +€5,915
Financial income 75/76B €0 €307 +€307 +118007.7%
Recurring financial income 75 €0 €307 +€307 +118007.7%
Financial charges 65/66B €3,088 €5,427 +€2,339 +75.7%
Recurring financial charges 65 €3,088 €5,427 +€2,339 +75.7%
Profit (loss) for the period before taxes 9903 -€3,172 €711 +€3,883
Income taxes 67/77 €302 €627 +€325 +107.6%
Profit (loss) for the period 9904 -€3,474 €84 +€3,558
Profit (loss) for the period to be appropriated 9905 -€3,474 €84 +€3,558

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 6 October 2026 via checked.be.