PYCOS: 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.
PYCOS
Largest movements
- Current investments +€50,000
up €50,000 (+100%), from €50,000 to €100,000
- Cash -€49,578
down €49,578 (-64.8%), from €76,467 to €26,889
mainly Current investments (-€50,000) and Net result for the year (-€357)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€511
down €511 (-19.6%), from €2,604 to €2,093
- Gross operating margin -€503
down €503 (-39.3%), from -€1,280 to -€1,782
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 | €128,421 | €128,064 | -€357 | -0.3% |
| Current assets | 29/58 | €128,421 | €128,064 | -€357 | -0.3% |
| Amounts receivable within one year | 40/41 | €1,954 | €921 | -€1,033 | -52.9% |
| Other amounts receivable | 41 | €1,954 | €921 | -€1,033 | -52.9% |
| Current investments | 50/53 | €50,000 | €100,000 | +€50,000 | +100% |
| Cash at bank and in hand | 54/58 | €76,467 | €26,889 | -€49,578 | -64.8% |
| Deferred charges and accrued income | 490/1 | - | €254 | +€254 | |
| Total equity and liabilities | 10/49 | €128,421 | €128,064 | -€357 | -0.3% |
| Equity | 10/15 | €128,421 | €128,064 | -€357 | -0.3% |
| Contributions | 10/11 | €108,600 | €108,600 | = | 0.0% |
| Reserves | 13 | €25,600 | €25,600 | = | 0.0% |
| Distributable reserves | 133 | €25,600 | €25,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,779 | -€6,136 | -€357 | -6.2% |
| Other operating charges | 640/8 | €613 | €628 | +€14 | +2.3% |
| Gross operating margin | 9900 | -€1,280 | -€1,782 | -€503 | -39.3% |
| Operating profit (loss) | 9901 | -€1,893 | -€2,410 | -€517 | -27.3% |
| Financial income | 75/76B | €2,604 | €2,093 | -€511 | -19.6% |
| Recurring financial income | 75 | €2,604 | €2,093 | -€511 | -19.6% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €668 | -€357 | -€1,025 | |
| Profit (loss) for the period | 9904 | €668 | -€357 | -€1,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €668 | -€357 | -€1,025 |
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 15 October 2026 via checked.be.