PIXINKO: 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.
PIXINKO
Largest movements
- Cash +€6,069
up €6,069 (+28.2%), from €21,493 to €27,562
mainly Net result for the year (+€5,663) and Tax, wage and social debts (+€2,460)
- Receivables within one year -€1,961
down €1,961 (-30.2%), from €6,491 to €4,529
of which Trade receivables: -€1,939
- Tangible fixed assets +€1,812
up €1,812 (+127.9%), from €1,417 to €3,229
- Deferred charges and accrued income -€463
down €463 (-79.4%), from €582 to €120
- Profit (loss) carried forward +€5,663
up €5,663 (+630.8%), from €898 to €6,561
- Tax, wage and social debts +€2,460
up €2,460 (+491.5%), from €501 to €2,960
- Other debts -€1,862
down €1,862 (-27.7%), from €6,715 to €4,853
- Trade debts -€570
down €570 (-48.4%), from €1,176 to €606
- Gross operating margin +€7,918
up €7,918, from -€108 to €7,810
- Other operating charges +€591
up €591 (+84.2%), from €702 to €1,292
- Depreciation -€137
down €137 (-17.0%), from €810 to €672
- Write-downs -€84
no longer reported in 2025 (was €84)
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 | €29,983 | €35,441 | +€5,458 | +18.2% |
| Fixed assets | 21/28 | €1,417 | €3,229 | +€1,812 | +127.9% |
| Tangible fixed assets | 22/27 | €1,417 | €3,229 | +€1,812 | +127.9% |
| Furniture and vehicles | 24 | €1,417 | €3,229 | +€1,812 | +127.9% |
| Current assets | 29/58 | €28,566 | €32,211 | +€3,645 | +12.8% |
| Amounts receivable within one year | 40/41 | €6,491 | €4,529 | -€1,961 | -30.2% |
| Trade receivables | 40 | €6,420 | €4,481 | -€1,939 | -30.2% |
| Other amounts receivable | 41 | €70 | €48 | -€22 | -31.3% |
| Cash at bank and in hand | 54/58 | €21,493 | €27,562 | +€6,069 | +28.2% |
| Deferred charges and accrued income | 490/1 | €582 | €120 | -€463 | -79.4% |
| Total equity and liabilities | 10/49 | €29,983 | €35,441 | +€5,458 | +18.2% |
| Equity | 10/15 | €21,358 | €27,021 | +€5,663 | +26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €898 | €6,561 | +€5,663 | +630.8% |
| Amounts payable | 17/49 | €8,625 | €8,420 | -€206 | -2.4% |
| Amounts payable within one year | 42/48 | €8,391 | €8,420 | +€28 | +0.3% |
| Trade debts | 44 | €1,176 | €606 | -€570 | -48.4% |
| Suppliers | 440/4 | €1,176 | €606 | -€570 | -48.4% |
| Taxes, remuneration and social security | 45 | €501 | €2,960 | +€2,460 | +491.5% |
| Taxes | 450/3 | €501 | €2,960 | +€2,460 | +491.5% |
| Other amounts payable | 47/48 | €6,715 | €4,853 | -€1,862 | -27.7% |
| Accrued charges and deferred income | 492/3 | €234 | - | -€234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €810 | €672 | -€137 | -17.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €84 | - | -€84 | |
| Other operating charges | 640/8 | €702 | €1,292 | +€591 | +84.2% |
| Non-recurring operating charges | 66A | €217 | - | -€217 | |
| Gross operating margin | 9900 | -€108 | €7,810 | +€7,918 | |
| Operating profit (loss) | 9901 | -€1,921 | €5,845 | +€7,766 | |
| Financial income | 75/76B | €112 | €104 | -€8 | -6.9% |
| Recurring financial income | 75 | €112 | €104 | -€8 | -6.9% |
| Financial charges | 65/66B | €245 | €264 | +€19 | +7.8% |
| Recurring financial charges | 65 | €245 | €264 | +€19 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,053 | €5,686 | +€7,739 | |
| Income taxes | 67/77 | - | €23 | +€23 | |
| Profit (loss) for the period | 9904 | -€2,053 | €5,663 | +€7,716 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,053 | €5,663 | +€7,716 |
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 9 October 2026 via checked.be.