PXLBOX: 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.
PXLBOX
Largest movements
- Tangible fixed assets +€7,567
up €7,567 (+370%), from €2,043 to €9,610
of which Furniture and vehicles: +€3,997
- Receivables within one year -€4,579
down €4,579 (-11.0%), from €41,793 to €37,215
of which Trade receivables: -€2,649
- Deferred charges and accrued income -€2,936
down €2,936 (-56.4%), from €5,205 to €2,269
- Trade debts -€2,665
down €2,665 (-62.3%), from €4,281 to €1,616
- Short-term financial debts +€1,879
new in 2025: €1,879
- Debts after one year +€1,696
up €1,696 (+1,098%), from €155 to €1,851
- Tax, wage and social debts -€1,111
down €1,111 (-49.3%), from €2,252 to €1,141
- Gross operating margin +€3,024
up €3,024 (+208%), from €1,455 to €4,479
- Taxes +€918
up €918 (+62.5%), from €1,469 to €2,387
- Financial charges +€215
up €215 (+53.2%), from €404 to €618
- Depreciation -€109
down €109 (-5.3%), from €2,069 to €1,960
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,561 | €51,593 | +€32 | +0.1% |
| Fixed assets | 21/28 | €4,543 | €12,110 | +€7,567 | +167% |
| Tangible fixed assets | 22/27 | €2,043 | €9,610 | +€7,567 | +370% |
| Land and buildings | 22 | - | €3,209 | +€3,209 | |
| Plant, machinery and equipment | 23 | €277 | €637 | +€360 | +130% |
| Furniture and vehicles | 24 | €1,766 | €5,763 | +€3,997 | +226% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €47,018 | €39,484 | -€7,534 | -16.0% |
| Amounts receivable within one year | 40/41 | €41,793 | €37,215 | -€4,579 | -11.0% |
| Trade receivables | 40 | €21,388 | €18,739 | -€2,649 | -12.4% |
| Other amounts receivable | 41 | €20,406 | €18,476 | -€1,930 | -9.5% |
| Cash at bank and in hand | 54/58 | €20 | €0 | -€20 | -100% |
| Deferred charges and accrued income | 490/1 | €5,205 | €2,269 | -€2,936 | -56.4% |
| Total equity and liabilities | 10/49 | €51,561 | €51,593 | +€32 | +0.1% |
| Equity | 10/15 | €43,958 | €43,779 | -€178 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,758 | €37,579 | -€178 | -0.5% |
| Distributable reserves | 133 | €37,758 | €37,579 | -€178 | -0.5% |
| Amounts payable | 17/49 | €7,603 | €7,814 | +€211 | +2.8% |
| Amounts payable after more than one year | 17 | €155 | €1,851 | +€1,696 | +1,098% |
| Financial debts | 170/4 | €155 | €1,851 | +€1,696 | +1,098% |
| Amounts payable within one year | 42/48 | €7,449 | €5,963 | -€1,486 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €916 | €1,328 | +€412 | +45.0% |
| Financial debts | 43 | - | €1,879 | +€1,879 | |
| Credit institutions | 430/8 | - | €1,879 | +€1,879 | |
| Trade debts | 44 | €4,281 | €1,616 | -€2,665 | -62.3% |
| Suppliers | 440/4 | €4,281 | €1,616 | -€2,665 | -62.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,252 | €1,141 | -€1,111 | -49.3% |
| Taxes | 450/3 | €2,252 | €1,141 | -€1,111 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,069 | €1,960 | -€109 | -5.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,455 | €4,479 | +€3,024 | +208% |
| Operating profit (loss) | 9901 | -€1,120 | €1,999 | +€3,119 | |
| Financial income | 75/76B | €846 | €827 | -€19 | -2.2% |
| Recurring financial income | 75 | €846 | €827 | -€19 | -2.2% |
| Financial charges | 65/66B | €404 | €618 | +€215 | +53.2% |
| Recurring financial charges | 65 | €404 | €618 | +€215 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | -€677 | €2,208 | +€2,885 | |
| Income taxes | 67/77 | €1,469 | €2,387 | +€918 | +62.5% |
| Profit (loss) for the period | 9904 | -€2,146 | -€178 | +€1,968 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,146 | -€178 | +€1,968 | +91.7% |
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 13 October 2026 via checked.be.