Pyckestroom: 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.
Pyckestroom
Largest movements
- Current investments -€30,000
down €30,000 (-17.6%), from €170,000 to €140,000
- Tangible fixed assets -€16,097
down €16,097 (-9.3%), from €173,839 to €157,742
of which Land and buildings: -€15,750
- Cash +€4,213
up €4,213 (+50.3%), from €8,367 to €12,579
mainly Current investments (+€30,000) and Net result for the year (+€28,949)
- Other debts -€77,394
down €77,394 (-83.4%), from €92,776 to €15,382
- Reserves +€26,949
up €26,949 (+8.8%), from €306,542 to €333,491
of which Distributable reserves: +€26,949
- Tax, wage and social debts +€7,837
new in 2025: €7,837
of which Taxes: +€5,976
- Gross operating margin +€15,616
up €15,616 (+43.5%), from €35,926 to €51,542
- Taxes +€1,718
up €1,718 (+35.0%), from €4,907 to €6,625
- Financial charges -€1,296
down €1,296 (-25.3%), from €5,129 to €3,834
- Other operating charges +€1,181
up €1,181 (+73.5%), from €1,606 to €2,787
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 | €413,849 | €373,439 | -€40,410 | -9.8% |
| Fixed assets | 21/28 | €220,668 | €204,571 | -€16,097 | -7.3% |
| Tangible fixed assets | 22/27 | €173,839 | €157,742 | -€16,097 | -9.3% |
| Land and buildings | 22 | €173,254 | €157,503 | -€15,750 | -9.1% |
| Furniture and vehicles | 24 | €586 | €239 | -€347 | -59.3% |
| Financial fixed assets | 28 | €46,829 | €46,829 | = | 0.0% |
| Current assets | 29/58 | €193,181 | €168,868 | -€24,313 | -12.6% |
| Amounts receivable within one year | 40/41 | €12,141 | €16,276 | +€4,134 | +34.1% |
| Trade receivables | 40 | €10,659 | €14,776 | +€4,117 | +38.6% |
| Other amounts receivable | 41 | €1,483 | €1,500 | +€17 | +1.2% |
| Current investments | 50/53 | €170,000 | €140,000 | -€30,000 | -17.6% |
| Cash at bank and in hand | 54/58 | €8,367 | €12,579 | +€4,213 | +50.3% |
| Deferred charges and accrued income | 490/1 | €2,673 | €13 | -€2,660 | -99.5% |
| Total equity and liabilities | 10/49 | €413,849 | €373,439 | -€40,410 | -9.8% |
| Equity | 10/15 | €312,842 | €339,791 | +€26,949 | +8.6% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €306,542 | €333,491 | +€26,949 | +8.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €306,542 | €333,491 | +€26,949 | +8.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €101,007 | €33,648 | -€67,359 | -66.7% |
| Amounts payable within one year | 42/48 | €93,929 | €28,353 | -€65,576 | -69.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,153 | €5,134 | +€3,981 | +345% |
| Suppliers | 440/4 | €1,153 | €5,134 | +€3,981 | +345% |
| Taxes, remuneration and social security | 45 | - | €7,837 | +€7,837 | |
| Taxes | 450/3 | - | €5,976 | +€5,976 | |
| Remuneration and social security | 454/9 | - | €1,861 | +€1,861 | |
| Other amounts payable | 47/48 | €92,776 | €15,382 | -€77,394 | -83.4% |
| Accrued charges and deferred income | 492/3 | €7,078 | €5,294 | -€1,783 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,097 | €16,097 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,606 | €2,787 | +€1,181 | +73.5% |
| Gross operating margin | 9900 | €35,926 | €51,542 | +€15,616 | +43.5% |
| Operating profit (loss) | 9901 | €18,223 | €32,658 | +€14,436 | +79.2% |
| Financial income | 75/76B | €6,806 | €6,749 | -€57 | -0.8% |
| Recurring financial income | 75 | €5,632 | €6,749 | +€1,117 | +19.8% |
| Non-recurring financial income | 76B | €1,174 | €0 | -€1,174 | -100% |
| Financial charges | 65/66B | €5,129 | €3,834 | -€1,296 | -25.3% |
| Recurring financial charges | 65 | €5,129 | €3,834 | -€1,296 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €19,899 | €35,574 | +€15,675 | +78.8% |
| Income taxes | 67/77 | €4,907 | €6,625 | +€1,718 | +35.0% |
| Profit (loss) for the period | 9904 | €14,992 | €28,949 | +€13,957 | +93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,992 | €28,949 | +€13,957 | +93.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.