PIXL CREATIONS: 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.
PIXL CREATIONS
Largest movements
- Cash +€21,850
up €21,850 (+140%), from €15,649 to €37,499
mainly Net result for the year (+€28,585) and Receivables within one year (+€13,882)
- Receivables within one year -€13,882
down €13,882 (-26.1%), from €53,211 to €39,328
of which Other amounts receivable: -€26,595
- Tangible fixed assets -€7,265
down €7,265 (-21.4%), from €33,970 to €26,705
- Deferred charges and accrued income -€7,000
no longer reported in 2026 (was €7,000)
- Intangible fixed assets -€2,807
down €2,807 (-50.1%), from €5,606 to €2,799
- Debts after one year -€11,304
down €11,304 (-79.5%), from €14,224 to €2,920
- Gross operating margin -€33,779
down €33,779 (-38.7%), from €87,174 to €53,395
- Depreciation -€25,341
down €25,341 (-67.1%), from €37,777 to €12,436
- Taxes -€2,910
down €2,910 (-21.1%), from €13,808 to €10,898
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,985 | €108,880 | -€9,105 | -7.7% |
| Fixed assets | 21/28 | €42,125 | €32,053 | -€10,072 | -23.9% |
| Intangible fixed assets | 21 | €5,606 | €2,799 | -€2,807 | -50.1% |
| Tangible fixed assets | 22/27 | €33,970 | €26,705 | -€7,265 | -21.4% |
| Furniture and vehicles | 24 | €33,970 | €26,705 | -€7,265 | -21.4% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €75,860 | €76,827 | +€967 | +1.3% |
| Amounts receivable within one year | 40/41 | €53,211 | €39,328 | -€13,882 | -26.1% |
| Trade receivables | 40 | €17,079 | €29,792 | +€12,713 | +74.4% |
| Other amounts receivable | 41 | €36,132 | €9,537 | -€26,595 | -73.6% |
| Cash at bank and in hand | 54/58 | €15,649 | €37,499 | +€21,850 | +140% |
| Deferred charges and accrued income | 490/1 | €7,000 | - | -€7,000 | |
| Total equity and liabilities | 10/49 | €117,985 | €108,880 | -€9,105 | -7.7% |
| Equity | 10/15 | €67,829 | €68,078 | +€249 | +0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €62,829 | €63,078 | +€249 | +0.4% |
| Distributable reserves | 133 | €62,829 | €63,078 | +€249 | +0.4% |
| Amounts payable | 17/49 | €50,156 | €40,802 | -€9,354 | -18.6% |
| Amounts payable after more than one year | 17 | €14,224 | €2,920 | -€11,304 | -79.5% |
| Financial debts | 170/4 | €14,224 | €2,920 | -€11,304 | -79.5% |
| Amounts payable within one year | 42/48 | €35,932 | €37,882 | +€1,950 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €10,887 | €11,304 | +€417 | +3.8% |
| Trade debts | 44 | €9,055 | €10,027 | +€972 | +10.7% |
| Suppliers | 440/4 | €9,055 | €10,027 | +€972 | +10.7% |
| Taxes, remuneration and social security | 45 | €15,990 | €16,551 | +€561 | +3.5% |
| Taxes | 450/3 | €15,990 | €16,551 | +€561 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,777 | €12,436 | -€25,341 | -67.1% |
| Other operating charges | 640/8 | €563 | €503 | -€60 | -10.7% |
| Gross operating margin | 9900 | €87,174 | €53,395 | -€33,779 | -38.7% |
| Operating profit (loss) | 9901 | €48,834 | €40,456 | -€8,378 | -17.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,235 | €973 | -€262 | -21.2% |
| Recurring financial charges | 65 | €1,235 | €973 | -€262 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €47,599 | €39,484 | -€8,116 | -17.1% |
| Income taxes | 67/77 | €13,808 | €10,898 | -€2,910 | -21.1% |
| Profit (loss) for the period | 9904 | €33,792 | €28,585 | -€5,206 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,792 | €28,585 | -€5,206 | -15.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.