PIXINVEST: what changed
What changed
PIXINVEST
filed annual accounts (NBB)
Net result for the year
€304,393
2024 · €204,228+€100,164
Equity
€5.5m
2024 · €5.0m+€501,500
Cash
€372,758
2024 · €392,225-€19,466
Balance sheet total
€5.8m
2024 · €5.6m+€278,500
Largest movements
Assets
- Financial fixed assets +€297,966
up €297,966 (+6.0%), from €5.0m to €5.3m
Equity and liabilities
- Contributions +€297,966
up €297,966 (+8.2%), from €3.7m to €4.0m
- Debts after one year -€213,093
no longer reported in 2025 (was €213,093)
- Profit (loss) carried forward +€188,314
up €188,314 (+16.8%), from €1.1m to €1.3m
Income statement
- Financial income +€103,487
up €103,487 (+45.1%), from €229,473 to €332,960
- Gross operating margin -€5,316
down €5,316 (-29.4%), from -€18,055 to -€23,371
- Financial charges -€2,024
down €2,024 (-32.5%), from €6,222 to €4,198
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€204,228
Gross operating margin
-€5,316
Other operating charges
-€31
Financial income
+€103,487
Financial charges
+€2,024
Result 2025
€304,393
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€294,486
Investment
-€297,966
Financing
-€15,986
Cash 2024
€392,225
From operations (derived)
+€294,486
Net result for the year
+€304,393
Trade debts
-€2,640
Other debts
-€7,267
Investment (derived)
-€297,966
Investment in fixed assets (net)
-€297,966
Financing
-€15,986
Debts after one year
-€213,093
Contributions, distributions and other
+€197,107
Cash 2025
€372,758
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,564,973 | €5,843,473 | +€278,500 | +5.0% |
| Fixed assets | 21/28 | €4,993,448 | €5,291,414 | +€297,966 | +6.0% |
| Financial fixed assets | 28 | €4,993,448 | €5,291,414 | +€297,966 | +6.0% |
| Current assets | 29/58 | €571,525 | €552,059 | -€19,466 | -3.4% |
| Current investments | 50/53 | €179,300 | €179,300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €392,225 | €372,758 | -€19,466 | -5.0% |
| Total equity and liabilities | 10/49 | €5,564,973 | €5,843,473 | +€278,500 | +5.0% |
| Equity | 10/15 | €5,025,758 | €5,527,258 | +€501,500 | +10.0% |
| Contributions | 10/11 | €3,653,290 | €3,951,256 | +€297,966 | +8.2% |
| Capital | 10 | €3,653,290 | €3,951,256 | +€297,966 | +8.2% |
| Issued capital | 100 | €3,653,290 | €3,951,256 | +€297,966 | +8.2% |
| Reserves | 13 | €253,329 | €268,549 | +€15,220 | +6.0% |
| Non-distributable reserves | 130/1 | €253,329 | €268,549 | +€15,220 | +6.0% |
| Legal reserve | 130 | €74,029 | €89,249 | +€15,220 | +20.6% |
| Own shares acquired | 1312 | €179,300 | €179,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,119,139 | €1,307,453 | +€188,314 | +16.8% |
| Amounts payable | 17/49 | €539,215 | €316,215 | -€223,000 | -41.4% |
| Amounts payable after more than one year | 17 | €213,093 | - | -€213,093 | |
| Financial debts | 170/4 | €213,093 | - | -€213,093 | |
| Amounts payable within one year | 42/48 | €326,122 | €316,215 | -€9,907 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €215,152 | €215,152 | = | 0.0% |
| Trade debts | 44 | €2,844 | €204 | -€2,640 | -92.8% |
| Suppliers | 440/4 | €2,844 | €204 | -€2,640 | -92.8% |
| Other amounts payable | 47/48 | €108,126 | €100,859 | -€7,267 | -6.7% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€18,055 | -€23,371 | -€5,316 | -29.4% |
| Operating profit (loss) | 9901 | -€19,022 | -€24,369 | -€5,347 | -28.1% |
| Financial income | 75/76B | €229,473 | €332,960 | +€103,487 | +45.1% |
| Recurring financial income | 75 | €229,473 | €332,960 | +€103,487 | +45.1% |
| Financial charges | 65/66B | €6,222 | €4,198 | -€2,024 | -32.5% |
| Recurring financial charges | 65 | €6,222 | €4,198 | -€2,024 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €204,228 | €304,393 | +€100,164 | +49.0% |
| Profit (loss) for the period | 9904 | €204,228 | €304,393 | +€100,164 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €204,228 | €304,393 | +€100,164 | +49.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.