PYCM: 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.
PYCM
Largest movements
- Cash +€96,869
up €96,869 (+130.8%), from €74,086 to €170,955
mainly Other debts (+€168,776) and Net result for the year (+€88,561)
- Tangible fixed assets +€55,448
up €55,448 (+339.9%), from €16,311 to €71,759
of which Furniture and vehicles: +€57,305
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Receivables within one year +€4,160
up €4,160, from €0 to €4,160
of which Other amounts receivable: +€4,160
- Other debts +€168,776
up €168,776 (+13788.0%), from €1,224 to €170,000
- Profit (loss) carried forward -€81,439
down €81,439 (-89.5%), from €91,043 to €9,605
- Debts after one year +€35,923
up €35,923, from €0 to €35,923
- Tax, wage and social debts -€22,593
down €22,593 (-51.7%), from €43,729 to €21,136
of which Taxes: -€19,633
- Current portion of long-term debt +€8,422
up €8,422 (+394.9%), from €2,133 to €10,555
- Financial income +€18,481
new in 2025: €18,481
of which Non-recurring financial income: +€16,529
- Depreciation +€12,011
up €12,011 (+322.9%), from €3,720 to €15,731
- Financial charges +€1,526
up €1,526 (+702.1%), from €217 to €1,744
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 | €146,282 | €253,117 | +€106,835 | +73.0% |
| Fixed assets | 21/28 | €17,811 | €73,259 | +€55,448 | +311.3% |
| Tangible fixed assets | 22/27 | €16,311 | €71,759 | +€55,448 | +339.9% |
| Furniture and vehicles | 24 | €1,261 | €58,567 | +€57,305 | +4543.2% |
| Other tangible fixed assets | 26 | €15,050 | €13,192 | -€1,858 | -12.3% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €128,471 | €179,859 | +€51,387 | +40.0% |
| Amounts receivable within one year | 40/41 | €0 | €4,160 | +€4,160 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €4,160 | +€4,160 | |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €74,086 | €170,955 | +€96,869 | +130.8% |
| Deferred charges and accrued income | 490/1 | €4,385 | €4,744 | +€359 | +8.2% |
| Total equity and liabilities | 10/49 | €146,282 | €253,117 | +€106,835 | +73.0% |
| Equity | 10/15 | €93,543 | €12,105 | -€81,439 | -87.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,043 | €9,605 | -€81,439 | -89.5% |
| Amounts payable | 17/49 | €52,739 | €241,013 | +€188,274 | +357.0% |
| Amounts payable after more than one year | 17 | €0 | €35,923 | +€35,923 | |
| Financial debts | 170/4 | €0 | €35,923 | +€35,923 | |
| Amounts payable within one year | 42/48 | €52,691 | €205,090 | +€152,399 | +289.2% |
| Current portion of amounts payable after more than one year | 42 | €2,133 | €10,555 | +€8,422 | +394.9% |
| Trade debts | 44 | €5,605 | €3,399 | -€2,206 | -39.4% |
| Suppliers | 440/4 | €5,605 | €3,399 | -€2,206 | -39.4% |
| Taxes, remuneration and social security | 45 | €43,729 | €21,136 | -€22,593 | -51.7% |
| Taxes | 450/3 | €40,769 | €21,136 | -€19,633 | -48.2% |
| Remuneration and social security | 454/9 | €2,960 | €0 | -€2,960 | -100.0% |
| Other amounts payable | 47/48 | €1,224 | €170,000 | +€168,776 | +13788.0% |
| Accrued charges and deferred income | 492/3 | €48 | €0 | -€48 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,720 | €15,731 | +€12,011 | +322.9% |
| Other operating charges | 640/8 | €1,498 | €1,373 | -€125 | -8.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €113,900 | €114,235 | +€335 | +0.3% |
| Operating profit (loss) | 9901 | €108,682 | €97,131 | -€11,551 | -10.6% |
| Financial income | 75/76B | - | €18,481 | +€18,481 | |
| Recurring financial income | 75 | - | €1,952 | +€1,952 | |
| Non-recurring financial income | 76B | - | €16,529 | +€16,529 | |
| Financial charges | 65/66B | €217 | €1,744 | +€1,526 | +702.1% |
| Recurring financial charges | 65 | €217 | €1,744 | +€1,526 | +702.1% |
| Profit (loss) for the period before taxes | 9903 | €108,465 | €113,869 | +€5,404 | +5.0% |
| Income taxes | 67/77 | €25,151 | €25,307 | +€156 | +0.6% |
| Profit (loss) for the period | 9904 | €83,314 | €88,561 | +€5,247 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,314 | €88,561 | +€5,247 | +6.3% |
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 9 October 2026 via checked.be.