PIXIE DEVELOPMENT: 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.
PIXIE DEVELOPMENT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Current portion of long-term debt +€23,333
new in 2025: €23,333
- Profit (loss) carried forward -€22,552
down €22,552 (-1,504%), from -€1,500 to -€24,052
- Debts after one year -€12,167
down €12,167 (-2.4%), from €503,345 to €491,178
- Accrued charges and deferred income +€11,313
up €11,313 (+44.6%), from €25,376 to €36,689
- Goods and materials -€542,040
down €542,040 (-100%), from €542,040 to €0
- Financial charges +€25,145
up €25,145 (+1,731%), from €1,453 to €26,598
- Turnover +€6,784
up €6,784 (+75.4%), from €9,000 to €15,784
- Services and other goods +€4,398
up €4,398 (+95.9%), from €4,586 to €8,985
- Depreciation -€2,095
down €2,095 (-100%), from €2,095 to €0
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 | €593,042 | €592,662 | -€380 | -0.1% |
| Current assets | 29/58 | €593,042 | €592,662 | -€380 | -0.1% |
| Stocks and contracts in progress | 3 | €590,375 | €590,375 | = | 0.0% |
| Stocks | 30/36 | €590,375 | €590,375 | = | 0.0% |
| Property held for sale | 35 | €590,375 | €590,375 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24 | €0 | -€24 | -100% |
| Other amounts receivable | 41 | €24 | €0 | -€24 | -100% |
| Cash at bank and in hand | 54/58 | €2,643 | €2,287 | -€356 | -13.5% |
| Total equity and liabilities | 10/49 | €593,042 | €592,662 | -€380 | -0.1% |
| Equity | 10/15 | €60,000 | €37,448 | -€22,552 | -37.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,500 | -€24,052 | -€22,552 | -1,504% |
| Amounts payable | 17/49 | €533,042 | €555,215 | +€22,173 | +4.2% |
| Amounts payable after more than one year | 17 | €503,345 | €491,178 | -€12,167 | -2.4% |
| Financial debts | 170/4 | €503,345 | €491,178 | -€12,167 | -2.4% |
| Credit institutions | 173 | €316,945 | €270,278 | -€46,667 | -14.7% |
| Other loans | 174 | €186,400 | €220,900 | +€34,500 | +18.5% |
| Amounts payable within one year | 42/48 | €4,321 | €27,348 | +€23,027 | +533% |
| Current portion of amounts payable after more than one year | 42 | - | €23,333 | +€23,333 | |
| Trade debts | 44 | €4,321 | €2,779 | -€1,542 | -35.7% |
| Suppliers | 440/4 | €4,321 | €2,779 | -€1,542 | -35.7% |
| Taxes, remuneration and social security | 45 | - | €1,236 | +€1,236 | |
| Taxes | 450/3 | - | €1,236 | +€1,236 | |
| Accrued charges and deferred income | 492/3 | €25,376 | €36,689 | +€11,313 | +44.6% |
| Operating income | 70/76A | €551,790 | €15,784 | -€536,006 | -97.1% |
| Turnover | 70 | €9,000 | €15,784 | +€6,784 | +75.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €542,790 | €0 | -€542,790 | -100% |
| Operating charges | 60/66A | €551,837 | €11,740 | -€540,097 | -97.9% |
| Goods for resale, raw materials and consumables | 60 | €542,040 | €0 | -€542,040 | -100% |
| Purchases | 600/8 | €542,040 | €0 | -€542,040 | -100% |
| Services and other goods | 61 | €4,586 | €8,985 | +€4,398 | +95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,095 | €0 | -€2,095 | -100% |
| Other operating charges | 640/8 | €3,116 | €2,755 | -€361 | -11.6% |
| Operating profit (loss) | 9901 | -€47 | €4,045 | +€4,091 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,453 | €26,598 | +€25,145 | +1,731% |
| Recurring financial charges | 65 | €1,453 | €26,598 | +€25,145 | +1,731% |
| Debt charges | 650 | €758 | €25,973 | +€25,215 | +3,328% |
| Other financial charges | 652/9 | €695 | €625 | -€70 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,500 | -€22,552 | -€21,053 | -1,404% |
| Profit (loss) for the period | 9904 | -€1,500 | -€22,552 | -€21,053 | -1,404% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,500 | -€22,552 | -€21,053 | -1,404% |
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 15 October 2026 via checked.be.