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PYKE: 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.

What changed

PYKE

BE 0793.471.381
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,716
2024 · €16,436-€5,721
Equity
€51,363
2024 · €40,647+€10,716
Cash
€38,681
2024 · €36,361+€2,320
Balance sheet total
€58,124
2024 · €44,796+€13,328

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€9,787

    up €9,787 (+116.0%), from €8,435 to €18,222

    of which Trade receivables: +€5,266

  • Cash +€2,320

    up €2,320 (+6.4%), from €36,361 to €38,681

    mainly Net result for the year (+€10,716) and Trade debts (+€1,649)

  • Tangible fixed assets +€1,221

    new in 2025: €1,221

Equity and liabilities
  • Reserves +€10,700

    up €10,700 (+27.6%), from €38,711 to €49,411

  • Trade debts +€1,649

    up €1,649 (+306.2%), from €538 to €2,187

  • Other debts +€1,172

    up €1,172 (+103.8%), from €1,129 to €2,302

Income statement
  • Gross operating margin -€7,660

    down €7,660 (-33.0%), from €23,222 to €15,562

  • Taxes -€2,150

    down €2,150 (-32.6%), from €6,588 to €4,438

  • Other operating charges +€407

    up €407 (+289.8%), from €141 to €548

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €16,436
Gross operating margin -€7,660
Other operating charges -€407
Financial income +€230
Financial charges -€33
Taxes +€2,150
Result 2025 €10,716

Cash bridge derived

cash 2024 to 2025

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.

From operations +€3,541
Investment -€1,221
Financing €0
Cash 2024 €36,361
Net result for the year +€10,716
Receivables within one year -€9,787
Trade debts +€1,649
Tax, wage and social debts -€307
Other debts +€1,172
Accrued charges and deferred income +€98
Investment in fixed assets (net) -€1,221
Cash 2025 €38,681
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €44,796 €58,124 +€13,328 +29.8%
Fixed assets 21/28 - €1,221 +€1,221
Tangible fixed assets 22/27 - €1,221 +€1,221
Furniture and vehicles 24 - €1,221 +€1,221
Current assets 29/58 €44,796 €56,903 +€12,107 +27.0%
Amounts receivable within one year 40/41 €8,435 €18,222 +€9,787 +116.0%
Trade receivables 40 €3,981 €9,247 +€5,266 +132.3%
Other amounts receivable 41 €4,454 €8,975 +€4,521 +101.5%
Cash at bank and in hand 54/58 €36,361 €38,681 +€2,320 +6.4%
Total equity and liabilities 10/49 €44,796 €58,124 +€13,328 +29.8%
Equity 10/15 €40,647 €51,363 +€10,716 +26.4%
Contributions 10/11 €1,500 €1,500 = 0.0%
Reserves 13 €38,711 €49,411 +€10,700 +27.6%
Distributable reserves 133 €38,711 €49,411 +€10,700 +27.6%
Profit (loss) carried forward 14 €436 €452 +€16 +3.6%
Amounts payable 17/49 €4,149 €6,761 +€2,612 +63.0%
Amounts payable within one year 42/48 €4,149 €6,663 +€2,514 +60.6%
Trade debts 44 €538 €2,187 +€1,649 +306.2%
Suppliers 440/4 €538 €2,187 +€1,649 +306.2%
Taxes, remuneration and social security 45 €2,481 €2,175 -€307 -12.4%
Taxes 450/3 €2,481 €2,175 -€307 -12.4%
Other amounts payable 47/48 €1,129 €2,302 +€1,172 +103.8%
Accrued charges and deferred income 492/3 - €98 +€98
Other operating charges 640/8 €141 €548 +€407 +289.8%
Gross operating margin 9900 €23,222 €15,562 -€7,660 -33.0%
Operating profit (loss) 9901 €23,082 €15,014 -€8,068 -35.0%
Financial income 75/76B - €230 +€230
Recurring financial income 75 - €230 +€230
Financial charges 65/66B €58 €91 +€33 +57.2%
Recurring financial charges 65 €58 €91 +€33 +57.2%
Profit (loss) for the period before taxes 9903 €23,024 €15,153 -€7,871 -34.2%
Income taxes 67/77 €6,588 €4,438 -€2,150 -32.6%
Profit (loss) for the period 9904 €16,436 €10,716 -€5,721 -34.8%
Profit (loss) for the period to be appropriated 9905 €16,436 €10,716 -€5,721 -34.8%

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 7 October 2026 via checked.be.