PYCK CONSULT: 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.
PYCK CONSULT
Largest movements
- Receivables within one year +€40,263
up €40,263 (+58.8%), from €68,428 to €108,691
of which Trade receivables: +€32,786
- Current investments +€20,000
up €20,000 (+40.0%), from €50,000 to €70,000
- Cash +€12,478
up €12,478 (+87.4%), from €14,284 to €26,762
mainly Net result for the year (+€159,957) and Other debts (+€9,978)
- Tangible fixed assets +€5,422
up €5,422 (+151%), from €3,588 to €9,011
of which Other tangible fixed assets: +€6,132
- Profit (loss) carried forward +€65,000
up €65,000, from €0 to €65,000
- Other debts +€9,978
up €9,978 (+8.8%), from €112,937 to €122,915
- Tax, wage and social debts +€5,658
up €5,658 (+29.9%), from €18,942 to €24,600
of which Taxes: +€7,499
- Trade debts -€2,523
down €2,523 (-90.7%), from €2,782 to €259
- Gross operating margin +€81,020
up €81,020 (+57.9%), from €139,920 to €220,941
- Taxes +€21,697
up €21,697 (+58.5%), from €37,100 to €58,797
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 | €136,912 | €215,738 | +€78,826 | +57.6% |
| Fixed assets | 21/28 | €3,588 | €9,011 | +€5,422 | +151% |
| Tangible fixed assets | 22/27 | €3,588 | €9,011 | +€5,422 | +151% |
| Plant, machinery and equipment | 23 | €1,241 | €531 | -€710 | -57.2% |
| Other tangible fixed assets | 26 | €2,348 | €8,480 | +€6,132 | +261% |
| Current assets | 29/58 | €133,324 | €206,728 | +€73,404 | +55.1% |
| Amounts receivable within one year | 40/41 | €68,428 | €108,691 | +€40,263 | +58.8% |
| Trade receivables | 40 | €67,476 | €100,262 | +€32,786 | +48.6% |
| Other amounts receivable | 41 | €952 | €8,429 | +€7,477 | +786% |
| Current investments | 50/53 | €50,000 | €70,000 | +€20,000 | +40.0% |
| Cash at bank and in hand | 54/58 | €14,284 | €26,762 | +€12,478 | +87.4% |
| Deferred charges and accrued income | 490/1 | €612 | €1,275 | +€663 | +108% |
| Total equity and liabilities | 10/49 | €136,912 | €215,738 | +€78,826 | +57.6% |
| Equity | 10/15 | €2,000 | €67,000 | +€65,000 | +3,250% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €65,000 | +€65,000 | |
| Amounts payable | 17/49 | €134,912 | €148,738 | +€13,826 | +10.2% |
| Amounts payable within one year | 42/48 | €134,912 | €148,738 | +€13,826 | +10.2% |
| Financial debts | 43 | €250 | €964 | +€714 | +286% |
| Credit institutions | 430/8 | €250 | €964 | +€714 | +286% |
| Trade debts | 44 | €2,782 | €259 | -€2,523 | -90.7% |
| Suppliers | 440/4 | €2,782 | €259 | -€2,523 | -90.7% |
| Taxes, remuneration and social security | 45 | €18,942 | €24,600 | +€5,658 | +29.9% |
| Taxes | 450/3 | €17,101 | €24,600 | +€7,499 | +43.9% |
| Remuneration and social security | 454/9 | €1,842 | €0 | -€1,842 | -100% |
| Other amounts payable | 47/48 | €112,937 | €122,915 | +€9,978 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,833 | €2,592 | +€759 | +41.4% |
| Other operating charges | 640/8 | €505 | €636 | +€131 | +25.9% |
| Gross operating margin | 9900 | €139,920 | €220,941 | +€81,020 | +57.9% |
| Operating profit (loss) | 9901 | €137,582 | €217,713 | +€80,131 | +58.2% |
| Financial income | 75/76B | €0 | €1,071 | +€1,071 | +3,571,467% |
| Recurring financial income | 75 | €0 | €1,071 | +€1,071 | +3,571,467% |
| Financial charges | 65/66B | €67 | €30 | -€37 | -55.5% |
| Recurring financial charges | 65 | €67 | €30 | -€37 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €137,514 | €218,754 | +€81,240 | +59.1% |
| Income taxes | 67/77 | €37,100 | €58,797 | +€21,697 | +58.5% |
| Profit (loss) for the period | 9904 | €100,414 | €159,957 | +€59,543 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €100,414 | €159,957 | +€59,543 | +59.3% |
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 24 October 2026 via checked.be.