PIXELYSTIC: 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.
PIXELYSTIC
Largest movements
- Tangible fixed assets -€8,325
down €8,325 (-35.0%), from €23,806 to €15,481
- Cash +€4,766
up €4,766 (+7.6%), from €63,017 to €67,783
mainly Net result for the year (+€12,480) and Depreciation (+€8,325)
- Receivables within one year -€4,344
down €4,344 (-20.1%), from €21,627 to €17,283
of which Other amounts receivable: -€3,424
- Current portion of long-term debt -€14,530
no longer reported in 2025 (was €14,530)
- Profit (loss) carried forward +€12,481
up €12,481 (+36.1%), from €34,584 to €47,065
- Trade debts -€3,735
down €3,735 (-61.4%), from €6,088 to €2,353
- Debts after one year -€1,504
down €1,504 (-2.4%), from €63,368 to €61,864
- Gross operating margin -€21,245
down €21,245 (-44.0%), from €48,301 to €27,056
- Taxes -€3,518
down €3,518 (-42.9%), from €8,203 to €4,685
- Financial charges -€903
down €903 (-57.6%), from €1,568 to €665
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 | €126,667 | €119,063 | -€7,604 | -6.0% |
| Fixed assets | 21/28 | €23,856 | €15,531 | -€8,325 | -34.9% |
| Tangible fixed assets | 22/27 | €23,806 | €15,481 | -€8,325 | -35.0% |
| Furniture and vehicles | 24 | €23,806 | €15,481 | -€8,325 | -35.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €102,811 | €103,532 | +€721 | +0.7% |
| Amounts receivable within one year | 40/41 | €21,627 | €17,283 | -€4,344 | -20.1% |
| Trade receivables | 40 | €15,488 | €14,568 | -€920 | -5.9% |
| Other amounts receivable | 41 | €6,139 | €2,715 | -€3,424 | -55.8% |
| Current investments | 50/53 | €18,000 | €18,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €63,017 | €67,783 | +€4,766 | +7.6% |
| Deferred charges and accrued income | 490/1 | €167 | €466 | +€299 | +179% |
| Total equity and liabilities | 10/49 | €126,667 | €119,063 | -€7,604 | -6.0% |
| Equity | 10/15 | €37,084 | €49,565 | +€12,481 | +33.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,584 | €47,065 | +€12,481 | +36.1% |
| Amounts payable | 17/49 | €89,583 | €69,498 | -€20,085 | -22.4% |
| Amounts payable after more than one year | 17 | €63,368 | €61,864 | -€1,504 | -2.4% |
| Other amounts payable | 178/9 | €63,368 | €61,864 | -€1,504 | -2.4% |
| Amounts payable within one year | 42/48 | €26,215 | €7,391 | -€18,824 | -71.8% |
| Current portion of amounts payable after more than one year | 42 | €14,530 | - | -€14,530 | |
| Trade debts | 44 | €6,088 | €2,353 | -€3,735 | -61.4% |
| Suppliers | 440/4 | €6,088 | €2,353 | -€3,735 | -61.4% |
| Taxes, remuneration and social security | 45 | €5,597 | €5,038 | -€559 | -10.0% |
| Taxes | 450/3 | €5,597 | €5,038 | -€559 | -10.0% |
| Accrued charges and deferred income | 492/3 | - | €243 | +€243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,324 | €8,325 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,235 | €904 | -€331 | -26.8% |
| Gross operating margin | 9900 | €48,301 | €27,056 | -€21,245 | -44.0% |
| Operating profit (loss) | 9901 | €38,742 | €17,827 | -€20,915 | -54.0% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,568 | €665 | -€903 | -57.6% |
| Recurring financial charges | 65 | €1,568 | €665 | -€903 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €37,174 | €17,165 | -€20,009 | -53.8% |
| Income taxes | 67/77 | €8,203 | €4,685 | -€3,518 | -42.9% |
| Profit (loss) for the period | 9904 | €28,971 | €12,480 | -€16,491 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,971 | €12,480 | -€16,491 | -56.9% |
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 16 October 2026 via checked.be.