PYCOMA: what changed
Two fiscal 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.
PYCOMA
Largest movements
- Current investments +€261,204
up €261,204 (+229.6%), from €113,773 to €374,977
- Cash -€183,433
down €183,433 (-85.9%), from €213,439 to €30,006
mainly Current investments (-€261,204) and Investment in fixed assets (net) (-€398)
- Profit (loss) carried forward +€66,581
up €66,581 (+60.8%), from -€109,445 to -€42,864
- Financial charges -€24,582
down €24,582 (-99.8%), from €24,636 to €54
of which Non-recurring financial charges: -€24,446
- Taxes +€16,498
up €16,498, from -€675 to €15,823
- Financial income +€9,674
up €9,674 (+13.9%), from €69,687 to €79,361
- Other operating charges +€1,569
up €1,569 (+36.1%), from €4,343 to €5,912
- Turnover +€777
up €777 (+3.1%), from €24,920 to €25,697
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 | €601,709 | €669,090 | +€67,381 | +11.2% |
| Fixed assets | 21/28 | €270,647 | €264,107 | -€6,540 | -2.4% |
| Tangible fixed assets | 22/27 | €270,647 | €264,107 | -€6,540 | -2.4% |
| Land and buildings | 22 | €270,387 | €263,955 | -€6,432 | -2.4% |
| Furniture and vehicles | 24 | €260 | €152 | -€108 | -41.5% |
| Current assets | 29/58 | €331,062 | €404,983 | +€73,921 | +22.3% |
| Amounts receivable within one year | 40/41 | €3,850 | - | -€3,850 | |
| Trade receivables | 40 | €3,850 | - | -€3,850 | |
| Current investments | 50/53 | €113,773 | €374,977 | +€261,204 | +229.6% |
| Cash at bank and in hand | 54/58 | €213,439 | €30,006 | -€183,433 | -85.9% |
| Total equity and liabilities | 10/49 | €601,709 | €669,090 | +€67,381 | +11.2% |
| Equity | 10/15 | €601,412 | €667,993 | +€66,581 | +11.1% |
| Contributions | 10/11 | €669,315 | €669,315 | = | 0.0% |
| Capital | 10 | €669,315 | €669,315 | = | 0.0% |
| Issued capital | 100 | €669,315 | €669,315 | = | 0.0% |
| Reserves | 13 | €41,542 | €41,542 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41,542 | €41,542 | = | 0.0% |
| Legal reserve | 130 | €41,542 | €41,542 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,445 | -€42,864 | +€66,581 | +60.8% |
| Amounts payable | 17/49 | €297 | €1,097 | +€800 | +269.4% |
| Amounts payable after more than one year | 17 | €297 | €1,097 | +€800 | +269.4% |
| Other amounts payable | 178/9 | €297 | €1,097 | +€800 | +269.4% |
| Turnover | 70 | €24,920 | €25,697 | +€777 | +3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,359 | €9,750 | +€391 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,883 | €6,938 | +€55 | +0.8% |
| Other operating charges | 640/8 | €4,343 | €5,912 | +€1,569 | +36.1% |
| Gross operating margin | 9900 | €15,561 | €15,947 | +€386 | +2.5% |
| Operating profit (loss) | 9901 | €4,335 | €3,097 | -€1,238 | -28.6% |
| Financial income | 75/76B | €69,687 | €79,361 | +€9,674 | +13.9% |
| Recurring financial income | 75 | €69,687 | €79,361 | +€9,674 | +13.9% |
| Financial charges | 65/66B | €24,636 | €54 | -€24,582 | -99.8% |
| Recurring financial charges | 65 | €190 | €54 | -€136 | -71.6% |
| Non-recurring financial charges | 66B | €24,446 | - | -€24,446 | |
| Profit (loss) for the period before taxes | 9903 | €49,386 | €82,404 | +€33,018 | +66.9% |
| Income taxes | 67/77 | -€675 | €15,823 | +€16,498 | |
| Profit (loss) for the period | 9904 | €50,061 | €66,581 | +€16,520 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,061 | €66,581 | +€16,520 | +33.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.