PICKLE: what changed
PICKLE
Largest movements
- Intangible fixed assets -€14,757
down €14,757 (-10.2%), from €145,107 to €130,351
- Cash -€4,150
down €4,150 (-92.2%), from €4,500 to €350
mainly Trade debts (-€149,119) and Net result for the year (-€18,272)
- Trade debts -€149,119
down €149,119 (-100%), from €149,119 to €0
- Other debts +€148,842
new in 2025: €148,842
- Profit (loss) carried forward -€18,272
down €18,272 (-455%), from -€4,012 to -€22,283
- Depreciation +€12,297
up €12,297 (+500%), from €2,459 to €14,757
- Gross operating margin -€1,798
down €1,798 (-146%), from -€1,231 to -€3,029
- Other operating charges +€164
up €164 (+50.9%), from €322 to €486
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,607 | €131,059 | -€18,548 | -12.4% |
| Fixed assets | 21/28 | €145,107 | €130,351 | -€14,757 | -10.2% |
| Intangible fixed assets | 21 | €145,107 | €130,351 | -€14,757 | -10.2% |
| Current assets | 29/58 | €4,500 | €708 | -€3,792 | -84.3% |
| Amounts receivable within one year | 40/41 | - | €358 | +€358 | |
| Other amounts receivable | 41 | - | €358 | +€358 | |
| Cash at bank and in hand | 54/58 | €4,500 | €350 | -€4,150 | -92.2% |
| Total equity and liabilities | 10/49 | €149,607 | €131,059 | -€18,548 | -12.4% |
| Equity | 10/15 | €488 | -€17,783 | -€18,272 | |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,012 | -€22,283 | -€18,272 | -455% |
| Amounts payable | 17/49 | €149,119 | €148,842 | -€277 | -0.2% |
| Amounts payable within one year | 42/48 | €149,119 | €148,842 | -€277 | -0.2% |
| Trade debts | 44 | €149,119 | €0 | -€149,119 | -100% |
| Suppliers | 440/4 | €149,119 | €0 | -€149,119 | -100% |
| Other amounts payable | 47/48 | - | €148,842 | +€148,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,459 | €14,757 | +€12,297 | +500% |
| Other operating charges | 640/8 | €322 | €486 | +€164 | +50.9% |
| Gross operating margin | 9900 | -€1,231 | -€3,029 | -€1,798 | -146% |
| Operating profit (loss) | 9901 | -€4,012 | -€18,271 | -€14,259 | -355% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €1 | +€1 | |
| Recurring financial charges | 65 | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | -€4,012 | -€18,272 | -€14,260 | -355% |
| Profit (loss) for the period | 9904 | -€4,012 | -€18,272 | -€14,260 | -355% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,012 | -€18,272 | -€14,260 | -355% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.