PYCK J: 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 J
Largest movements
- Cash +€112,958
up €112,958 (+696%), from €16,221 to €129,179
mainly Net result for the year (+€89,873) and Tax, wage and social debts (+€20,155)
- Tangible fixed assets -€6,700
down €6,700 (-27.1%), from €24,749 to €18,049
- Financial fixed assets +€5,000
new in 2025: €5,000
- Reserves +€89,873
up €89,873 (+539%), from €16,669 to €106,543
- Tax, wage and social debts +€20,155
up €20,155 (+165%), from €12,235 to €32,390
- Gross operating margin +€92,847
up €92,847 (+288%), from €32,207 to €125,054
- Taxes +€20,338
up €20,338 (+329%), from €6,190 to €26,528
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 | €43,588 | €154,113 | +€110,526 | +254% |
| Fixed assets | 21/28 | €24,749 | €23,049 | -€1,700 | -6.9% |
| Tangible fixed assets | 22/27 | €24,749 | €18,049 | -€6,700 | -27.1% |
| Furniture and vehicles | 24 | €24,749 | €18,049 | -€6,700 | -27.1% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €18,838 | €131,064 | +€112,226 | +596% |
| Amounts receivable within one year | 40/41 | €2 | €4 | +€2 | +106% |
| Other amounts receivable | 41 | €2 | €4 | +€2 | +106% |
| Cash at bank and in hand | 54/58 | €16,221 | €129,179 | +€112,958 | +696% |
| Deferred charges and accrued income | 490/1 | €2,615 | €1,881 | -€735 | -28.1% |
| Total equity and liabilities | 10/49 | €43,588 | €154,113 | +€110,526 | +254% |
| Equity | 10/15 | €21,669 | €111,543 | +€89,873 | +415% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,669 | €106,543 | +€89,873 | +539% |
| Distributable reserves | 133 | €16,669 | €106,543 | +€89,873 | +539% |
| Amounts payable | 17/49 | €21,918 | €42,571 | +€20,652 | +94.2% |
| Amounts payable within one year | 42/48 | €21,918 | €42,571 | +€20,652 | +94.2% |
| Trade debts | 44 | €1,272 | €2,378 | +€1,106 | +87.0% |
| Suppliers | 440/4 | €1,272 | €2,378 | +€1,106 | +87.0% |
| Taxes, remuneration and social security | 45 | €12,235 | €32,390 | +€20,155 | +165% |
| Taxes | 450/3 | €12,235 | €32,390 | +€20,155 | +165% |
| Other amounts payable | 47/48 | €8,412 | €7,802 | -€609 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,000 | €7,000 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,894 | €1,656 | -€238 | -12.6% |
| Gross operating margin | 9900 | €32,207 | €125,054 | +€92,847 | +288% |
| Operating profit (loss) | 9901 | €23,313 | €116,398 | +€93,085 | +399% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €17 | €42 | +€25 | +149% |
| Recurring financial charges | 65 | €17 | €42 | +€25 | +149% |
| Profit (loss) for the period before taxes | 9903 | €23,296 | €116,401 | +€93,105 | +400% |
| Income taxes | 67/77 | €6,190 | €26,528 | +€20,338 | +329% |
| Profit (loss) for the period | 9904 | €17,106 | €89,873 | +€72,767 | +425% |
| Profit (loss) for the period to be appropriated | 9905 | €17,106 | €89,873 | +€72,767 | +425% |
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 30 October 2026 via checked.be.