PiXmIx: 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.
What changed
PiXmIx
NACE 47.690, Retail sale of other cultural and recreation goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€34,694
2024 · €4,930-€39,624
Equity
€2,789
2024 · €37,483-€34,694
Cash
€24
2024 · €19+€5
Balance sheet total
€78,510
2024 · €87,755-€9,245
Largest movements
Assets
- Receivables within one year -€7,836
down €7,836 (-10.9%), from €71,801 to €63,965
of which Trade receivables: -€7,817
- Tangible fixed assets -€1,265
down €1,265 (-11.6%), from €10,923 to €9,658
of which Furniture and vehicles: -€1,652
Equity and liabilities
- Profit (loss) carried forward -€34,694
new in 2025: -€34,694
- Short-term financial debts +€23,123
up €23,123 (+246%), from €9,390 to €32,513
- Trade debts +€5,699
up €5,699 (+43.6%), from €13,068 to €18,766
- Current portion of long-term debt -€4,314
down €4,314 (-100%), from €4,314 to €0
- Accrued charges and deferred income +€984
up €984 (+78.5%), from €1,253 to €2,237
Income statement
- Gross operating margin -€19,679
down €19,679 (-18.7%), from €105,110 to €85,431
- Staff costs +€15,059
up €15,059 (+17.0%), from €88,433 to €103,492
- Write-downs +€10,138
new in 2025: €10,138
- Taxes -€5,632
down €5,632 (-100.0%), from €5,634 to €2
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.
Result 2024
€4,930
Gross operating margin
-€19,679
Staff costs
-€15,059
Depreciation
-€813
Write-downs
-€10,138
Other operating charges
-€28
Other operating items
+€244
Financial income
+€70
Financial charges
+€146
Taxes
+€5,632
Result 2025
-€34,694
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€15,748
Investment
-€3,057
Financing
+€18,809
Cash 2024
€19
From operations (derived)
-€15,748
Net result for the year
-€34,694
Depreciation
+€4,322
Receivables within one year
+€7,836
Deferred charges and accrued income
+€149
Trade debts
+€5,699
Tax, wage and social debts
-€404
Other debts
+€361
Accrued charges and deferred income
+€984
Investment (derived)
-€3,057
Investment in fixed assets (net)
-€3,057
Financing
+€18,809
Current portion of long-term debt
-€4,314
Short-term financial debts
+€23,123
Cash 2025
€24
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,755 | €78,510 | -€9,245 | -10.5% |
| Fixed assets | 21/28 | €14,193 | €12,928 | -€1,265 | -8.9% |
| Tangible fixed assets | 22/27 | €10,923 | €9,658 | -€1,265 | -11.6% |
| Plant, machinery and equipment | 23 | €3,539 | €4,430 | +€891 | +25.2% |
| Furniture and vehicles | 24 | €5,780 | €4,128 | -€1,652 | -28.6% |
| Other tangible fixed assets | 26 | €1,604 | €1,100 | -€504 | -31.4% |
| Financial fixed assets | 28 | €3,270 | €3,270 | = | 0.0% |
| Current assets | 29/58 | €73,562 | €65,581 | -€7,980 | -10.8% |
| Amounts receivable within one year | 40/41 | €71,801 | €63,965 | -€7,836 | -10.9% |
| Trade receivables | 40 | €71,782 | €63,965 | -€7,817 | -10.9% |
| Other amounts receivable | 41 | €19 | €0 | -€19 | -100% |
| Cash at bank and in hand | 54/58 | €19 | €24 | +€5 | +24.4% |
| Deferred charges and accrued income | 490/1 | €1,742 | €1,593 | -€149 | -8.5% |
| Total equity and liabilities | 10/49 | €87,755 | €78,510 | -€9,245 | -10.5% |
| Equity | 10/15 | €37,483 | €2,789 | -€34,694 | -92.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,883 | €18,883 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,023 | €17,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€34,694 | -€34,694 | |
| Amounts payable | 17/49 | €50,272 | €75,721 | +€25,449 | +50.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €49,019 | €73,484 | +€24,465 | +49.9% |
| Current portion of amounts payable after more than one year | 42 | €4,314 | €0 | -€4,314 | -100% |
| Financial debts | 43 | €9,390 | €32,513 | +€23,123 | +246% |
| Credit institutions | 430/8 | €9,390 | €32,513 | +€23,123 | +246% |
| Trade debts | 44 | €13,068 | €18,766 | +€5,699 | +43.6% |
| Suppliers | 440/4 | €13,068 | €18,766 | +€5,699 | +43.6% |
| Taxes, remuneration and social security | 45 | €19,957 | €19,553 | -€404 | -2.0% |
| Taxes | 450/3 | €13,462 | €7,727 | -€5,735 | -42.6% |
| Remuneration and social security | 454/9 | €6,495 | €11,825 | +€5,331 | +82.1% |
| Other amounts payable | 47/48 | €2,290 | €2,652 | +€361 | +15.8% |
| Accrued charges and deferred income | 492/3 | €1,253 | €2,237 | +€984 | +78.5% |
| Remuneration, social security and pensions | 62 | €88,433 | €103,492 | +€15,059 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,509 | €4,322 | +€813 | +23.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,138 | +€10,138 | |
| Other operating charges | 640/8 | €755 | €782 | +€28 | +3.7% |
| Non-recurring operating charges | 66A | €244 | €0 | -€244 | -100% |
| Gross operating margin | 9900 | €105,110 | €85,431 | -€19,679 | -18.7% |
| Operating profit (loss) | 9901 | €12,169 | -€33,303 | -€45,472 | |
| Financial income | 75/76B | €78 | €149 | +€70 | +90.2% |
| Recurring financial income | 75 | €78 | €149 | +€70 | +90.2% |
| Financial charges | 65/66B | €1,684 | €1,537 | -€146 | -8.7% |
| Recurring financial charges | 65 | €1,684 | €1,537 | -€146 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €10,563 | -€34,692 | -€45,255 | |
| Income taxes | 67/77 | €5,634 | €2 | -€5,632 | -100.0% |
| Profit (loss) for the period | 9904 | €4,930 | -€34,694 | -€39,624 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,930 | -€34,694 | -€39,624 |
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 19 October 2026 via checked.be.