PIXYS: what changed
Two fiscal 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.
PIXYS
Largest movements
- Cash -€17,196
down €17,196 (-87.4%), from €19,673 to €2,477
mainly Net result for the year (-€64,663) and Tax, wage and social debts (-€2,522)
- Tangible fixed assets -€2,588
down €2,588 (-46.5%), from €5,563 to €2,975
of which Furniture and vehicles: -€2,057
- Receivables within one year -€855
down €855 (-21.6%), from €3,957 to €3,103
of which Trade receivables: -€1,159
- Profit (loss) carried forward -€64,663
down €64,663 (-396.6%), from -€16,304 to -€80,967
- Debts after one year +€45,000
up €45,000 (+225.0%), from €20,000 to €65,000
- Tax, wage and social debts -€2,522
down €2,522 (-52.8%), from €4,773 to €2,251
of which Remuneration and social security: -€2,760
- Accrued charges and deferred income +€1,804
up €1,804 (+3242.6%), from €56 to €1,859
- Gross operating margin +€12,144
up €12,144 (+17.6%), from -€69,090 to -€56,946
- Other operating charges +€1,643
up €1,643 (+338.6%), from €485 to €2,128
- Financial charges +€1,221
up €1,221 (+71.8%), from €1,702 to €2,923
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 | €29,434 | €8,833 | -€20,601 | -70.0% |
| Fixed assets | 21/28 | €5,563 | €2,975 | -€2,588 | -46.5% |
| Tangible fixed assets | 22/27 | €5,563 | €2,975 | -€2,588 | -46.5% |
| Plant, machinery and equipment | 23 | €1,634 | €1,103 | -€531 | -32.5% |
| Furniture and vehicles | 24 | €3,928 | €1,872 | -€2,057 | -52.4% |
| Current assets | 29/58 | €23,871 | €5,858 | -€18,014 | -75.5% |
| Amounts receivable within one year | 40/41 | €3,957 | €3,103 | -€855 | -21.6% |
| Trade receivables | 40 | €1,159 | - | -€1,159 | |
| Other amounts receivable | 41 | €2,799 | €3,103 | +€304 | +10.9% |
| Cash at bank and in hand | 54/58 | €19,673 | €2,477 | -€17,196 | -87.4% |
| Deferred charges and accrued income | 490/1 | €241 | €278 | +€37 | +15.4% |
| Total equity and liabilities | 10/49 | €29,434 | €8,833 | -€20,601 | -70.0% |
| Equity | 10/15 | €4,156 | -€60,507 | -€64,663 | |
| 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 | -€16,304 | -€80,967 | -€64,663 | -396.6% |
| Amounts payable | 17/49 | €25,278 | €69,340 | +€44,062 | +174.3% |
| Amounts payable after more than one year | 17 | €20,000 | €65,000 | +€45,000 | +225.0% |
| Financial debts | 170/4 | €20,000 | €65,000 | +€45,000 | +225.0% |
| Amounts payable within one year | 42/48 | €5,223 | €2,481 | -€2,742 | -52.5% |
| Trade debts | 44 | €449 | €230 | -€220 | -48.9% |
| Suppliers | 440/4 | €449 | €230 | -€220 | -48.9% |
| Taxes, remuneration and social security | 45 | €4,773 | €2,251 | -€2,522 | -52.8% |
| Taxes | 450/3 | €573 | €811 | +€238 | +41.5% |
| Remuneration and social security | 454/9 | €4,200 | €1,440 | -€2,760 | -65.7% |
| Accrued charges and deferred income | 492/3 | €56 | €1,859 | +€1,804 | +3242.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,169 | €2,588 | -€581 | -18.3% |
| Other operating charges | 640/8 | €485 | €2,128 | +€1,643 | +338.6% |
| Gross operating margin | 9900 | -€69,090 | -€56,946 | +€12,144 | +17.6% |
| Operating profit (loss) | 9901 | -€72,744 | -€61,662 | +€11,082 | +15.2% |
| Financial income | 75/76B | €55 | €124 | +€69 | +126.6% |
| Recurring financial income | 75 | €55 | €124 | +€69 | +126.6% |
| Financial charges | 65/66B | €1,702 | €2,923 | +€1,221 | +71.8% |
| Recurring financial charges | 65 | €1,702 | €2,923 | +€1,221 | +71.8% |
| Profit (loss) for the period before taxes | 9903 | -€74,391 | -€64,461 | +€9,930 | +13.3% |
| Income taxes | 67/77 | €212 | €202 | -€10 | -4.7% |
| Profit (loss) for the period | 9904 | -€74,603 | -€64,663 | +€9,940 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,603 | -€64,663 | +€9,940 | +13.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.