PYGMA ARCHITECTURE: 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.
PYGMA ARCHITECTURE
Largest movements
- Receivables within one year +€58,406
up €58,406 (+70.1%), from €83,340 to €141,746
of which Trade receivables: +€62,492
- Cash -€41,440
down €41,440 (-66.7%), from €62,146 to €20,706
mainly Receivables within one year (-€58,406) and Trade debts (-€23,991)
- Stocks and contracts -€30,000
no longer reported in 2025 (was €30,000)
- Deferred charges and accrued income -€9,090
down €9,090 (-37.3%), from €24,381 to €15,291
- Intangible fixed assets -€4,714
down €4,714 (-46.2%), from €10,196 to €5,482
- Trade debts -€23,991
down €23,991 (-15.5%), from €154,779 to €130,788
- Tax, wage and social debts -€7,426
down €7,426 (-41.4%), from €17,925 to €10,499
of which Remuneration and social security: -€3,908
- Gross operating margin +€5,557
up €5,557 (+6.8%), from €81,333 to €86,890
- Financial income -€3,742
no longer reported in 2025 (was €3,742)
- Staff costs +€2,064
up €2,064 (+4.0%), from €51,594 to €53,658
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 | €281,812 | €251,061 | -€30,751 | -10.9% |
| Fixed assets | 21/28 | €81,945 | €73,318 | -€8,627 | -10.5% |
| Intangible fixed assets | 21 | €10,196 | €5,482 | -€4,714 | -46.2% |
| Tangible fixed assets | 22/27 | €71,489 | €67,576 | -€3,913 | -5.5% |
| Furniture and vehicles | 24 | €71,489 | €67,576 | -€3,913 | -5.5% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €199,867 | €177,743 | -€22,124 | -11.1% |
| Stocks and contracts in progress | 3 | €30,000 | - | -€30,000 | |
| Contracts in progress | 37 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €83,340 | €141,746 | +€58,406 | +70.1% |
| Trade receivables | 40 | €78,335 | €140,827 | +€62,492 | +79.8% |
| Other amounts receivable | 41 | €5,005 | €919 | -€4,086 | -81.6% |
| Cash at bank and in hand | 54/58 | €62,146 | €20,706 | -€41,440 | -66.7% |
| Deferred charges and accrued income | 490/1 | €24,381 | €15,291 | -€9,090 | -37.3% |
| Total equity and liabilities | 10/49 | €281,812 | €251,061 | -€30,751 | -10.9% |
| Equity | 10/15 | €108,762 | €109,452 | +€690 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,562 | €3,252 | +€690 | +26.9% |
| Amounts payable | 17/49 | €173,050 | €141,609 | -€31,441 | -18.2% |
| Amounts payable within one year | 42/48 | €173,050 | €141,609 | -€31,441 | -18.2% |
| Trade debts | 44 | €154,779 | €130,788 | -€23,991 | -15.5% |
| Suppliers | 440/4 | €154,779 | €130,788 | -€23,991 | -15.5% |
| Taxes, remuneration and social security | 45 | €17,925 | €10,499 | -€7,426 | -41.4% |
| Taxes | 450/3 | €10,622 | €7,104 | -€3,518 | -33.1% |
| Remuneration and social security | 454/9 | €7,303 | €3,395 | -€3,908 | -53.5% |
| Other amounts payable | 47/48 | €346 | €322 | -€24 | -6.9% |
| Remuneration, social security and pensions | 62 | €51,594 | €53,658 | +€2,064 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,998 | €29,042 | +€44 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €997 | €900 | -€97 | -9.7% |
| Gross operating margin | 9900 | €81,333 | €86,890 | +€5,557 | +6.8% |
| Operating profit (loss) | 9901 | -€256 | €3,290 | +€3,546 | |
| Financial income | 75/76B | €3,742 | - | -€3,742 | |
| Recurring financial income | 75 | €3,742 | - | -€3,742 | |
| Financial charges | 65/66B | €224 | €125 | -€99 | -44.2% |
| Recurring financial charges | 65 | €224 | €125 | -€99 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €3,262 | €3,165 | -€97 | -3.0% |
| Income taxes | 67/77 | €2,081 | €2,475 | +€394 | +18.9% |
| Profit (loss) for the period | 9904 | €1,181 | €690 | -€491 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,181 | €690 | -€491 | -41.6% |
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 23 October 2026 via checked.be.