Pixelstorm: 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.
Pixelstorm
Largest movements
- Receivables within one year +€100,049
up €100,049 (+34.6%), from €288,929 to €388,979
of which Other amounts receivable: +€76,022
- Tangible fixed assets -€9,969
down €9,969 (-45.1%), from €22,096 to €12,127
of which Furniture and vehicles: -€7,879
- Cash -€9,238
down €9,238 (-35.3%), from €26,143 to €16,904
mainly Receivables within one year (-€100,049) and Deferred charges and accrued income (-€3,111)
- Reserves +€57,263
up €57,263 (+36.4%), from €157,430 to €214,693
- Tax, wage and social debts +€24,055
up €24,055 (+48.8%), from €49,249 to €73,304
of which Taxes: +€25,305
- Gross operating margin +€11,195
up €11,195 (+12.3%), from €90,739 to €101,934
- Depreciation -€2,156
down €2,156 (-17.8%), from €12,124 to €9,969
- Other operating charges -€2,152
down €2,152 (-74.4%), from €2,894 to €742
- Taxes +€1,723
up €1,723 (+5.4%), from €31,628 to €33,350
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.
Cash bridge derived
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 | €339,635 | €423,804 | +€84,169 | +24.8% |
| Fixed assets | 21/28 | €22,096 | €12,127 | -€9,969 | -45.1% |
| Tangible fixed assets | 22/27 | €22,096 | €12,127 | -€9,969 | -45.1% |
| Land and buildings | 22 | €10,378 | €8,288 | -€2,090 | -20.1% |
| Furniture and vehicles | 24 | €11,718 | €3,839 | -€7,879 | -67.2% |
| Current assets | 29/58 | €317,540 | €411,677 | +€94,137 | +29.6% |
| Stocks and contracts in progress | 3 | €517 | €732 | +€216 | +41.7% |
| Stocks | 30/36 | €517 | €732 | +€216 | +41.7% |
| Amounts receivable within one year | 40/41 | €288,929 | €388,979 | +€100,049 | +34.6% |
| Trade receivables | 40 | €28,052 | €52,079 | +€24,027 | +85.7% |
| Other amounts receivable | 41 | €260,877 | €336,899 | +€76,022 | +29.1% |
| Cash at bank and in hand | 54/58 | €26,143 | €16,904 | -€9,238 | -35.3% |
| Deferred charges and accrued income | 490/1 | €1,951 | €5,062 | +€3,111 | +159.4% |
| Total equity and liabilities | 10/49 | €339,635 | €423,804 | +€84,169 | +24.8% |
| Equity | 10/15 | €286,927 | €344,190 | +€57,263 | +20.0% |
| Contributions | 10/11 | €8,059 | €8,059 | = | 0.0% |
| Outside capital | 11 | €8,059 | €8,059 | = | 0.0% |
| Other | 1109/19 | €8,059 | €8,059 | = | 0.0% |
| Reserves | 13 | €157,430 | €214,693 | +€57,263 | +36.4% |
| Distributable reserves | 133 | €157,430 | €214,693 | +€57,263 | +36.4% |
| Profit (loss) carried forward | 14 | €121,438 | €121,438 | = | 0.0% |
| Amounts payable | 17/49 | €52,708 | €79,614 | +€26,906 | +51.0% |
| Amounts payable within one year | 42/48 | €51,923 | €78,829 | +€26,906 | +51.8% |
| Trade debts | 44 | €2,674 | €5,525 | +€2,851 | +106.6% |
| Suppliers | 440/4 | €2,674 | €5,525 | +€2,851 | +106.6% |
| Taxes, remuneration and social security | 45 | €49,249 | €73,304 | +€24,055 | +48.8% |
| Taxes | 450/3 | €47,999 | €73,304 | +€25,305 | +52.7% |
| Remuneration and social security | 454/9 | €1,250 | - | -€1,250 | |
| Other amounts payable | 47/48 | - | €0 | +€0 | |
| Accrued charges and deferred income | 492/3 | €785 | €785 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,124 | €9,969 | -€2,156 | -17.8% |
| Other operating charges | 640/8 | €2,894 | €742 | -€2,152 | -74.4% |
| Gross operating margin | 9900 | €90,739 | €101,934 | +€11,195 | +12.3% |
| Operating profit (loss) | 9901 | €75,721 | €91,223 | +€15,502 | +20.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €668 | €610 | -€58 | -8.7% |
| Recurring financial charges | 65 | €668 | €610 | -€58 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €75,053 | €90,613 | +€15,561 | +20.7% |
| Income taxes | 67/77 | €31,628 | €33,350 | +€1,723 | +5.4% |
| Profit (loss) for the period | 9904 | €43,425 | €57,263 | +€13,838 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,425 | €57,263 | +€13,838 | +31.9% |
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 8 October 2026 via checked.be.