DE PEKESAE: 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.
DE PEKESAE
Largest movements
- Receivables within one year -€130,889
down €130,889 (-45.3%), from €289,030 to €158,141
of which Other amounts receivable: -€127,821
- Tangible fixed assets -€33,134
down €33,134 (-8.3%), from €397,059 to €363,926
of which Land and buildings: -€33,523
- Reserves -€153,209
down €153,209 (-23.4%), from €655,740 to €502,530
of which Distributable reserves: -€153,209
- Gross operating margin -€217,648
down €217,648 (-89.0%), from €244,459 to €26,811
- Taxes -€22,375
down €22,375 (-99.1%), from €22,585 to €210
- Staff costs -€21,904
down €21,904 (-86.5%), from €25,325 to €3,420
- Financial income -€5,720
down €5,720 (-41.4%), from €13,817 to €8,098
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 | €953,484 | €797,664 | -€155,820 | -16.3% |
| Fixed assets | 21/28 | €397,059 | €363,926 | -€33,134 | -8.3% |
| Tangible fixed assets | 22/27 | €397,059 | €363,926 | -€33,134 | -8.3% |
| Land and buildings | 22 | €387,664 | €354,141 | -€33,523 | -8.6% |
| Plant, machinery and equipment | 23 | €9,396 | €9,785 | +€389 | +4.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €556,424 | €433,738 | -€122,686 | -22.0% |
| Amounts receivable within one year | 40/41 | €289,030 | €158,141 | -€130,889 | -45.3% |
| Trade receivables | 40 | €14,160 | €11,092 | -€3,068 | -21.7% |
| Other amounts receivable | 41 | €274,870 | €147,049 | -€127,821 | -46.5% |
| Cash at bank and in hand | 54/58 | €263,067 | €271,270 | +€8,203 | +3.1% |
| Deferred charges and accrued income | 490/1 | €4,327 | €4,327 | = | 0.0% |
| Total equity and liabilities | 10/49 | €953,484 | €797,664 | -€155,820 | -16.3% |
| Equity | 10/15 | €940,740 | €787,530 | -€153,209 | -16.3% |
| Contributions | 10/11 | €285,000 | €285,000 | = | 0.0% |
| Capital | 10 | €285,000 | €285,000 | = | 0.0% |
| Issued capital | 100 | €285,000 | €285,000 | = | 0.0% |
| Reserves | 13 | €655,740 | €502,530 | -€153,209 | -23.4% |
| Non-distributable reserves | 130/1 | €28,500 | €28,500 | = | 0.0% |
| Legal reserve | 130 | €28,500 | €28,500 | = | 0.0% |
| Distributable reserves | 133 | €627,240 | €474,030 | -€153,209 | -24.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,744 | €10,134 | -€2,611 | -20.5% |
| Amounts payable within one year | 42/48 | €12,744 | €10,134 | -€2,611 | -20.5% |
| Trade debts | 44 | €3,896 | €3,850 | -€47 | -1.2% |
| Suppliers | 440/4 | €3,896 | €3,850 | -€47 | -1.2% |
| Taxes, remuneration and social security | 45 | €8,848 | €6,284 | -€2,564 | -29.0% |
| Taxes | 450/3 | €7,501 | €6,284 | -€1,216 | -16.2% |
| Remuneration and social security | 454/9 | €1,347 | €0 | -€1,347 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €198,898 | €0 | -€198,898 | -100% |
| Remuneration, social security and pensions | 62 | €25,325 | €3,420 | -€21,904 | -86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,983 | €35,524 | +€541 | +1.5% |
| Other operating charges | 640/8 | €11,863 | €9,933 | -€1,930 | -16.3% |
| Gross operating margin | 9900 | €244,459 | €26,811 | -€217,648 | -89.0% |
| Operating profit (loss) | 9901 | €172,289 | -€22,067 | -€194,355 | |
| Financial income | 75/76B | €13,817 | €8,098 | -€5,720 | -41.4% |
| Recurring financial income | 75 | €13,817 | €8,098 | -€5,720 | -41.4% |
| Financial charges | 65/66B | €381 | €287 | -€94 | -24.7% |
| Recurring financial charges | 65 | €381 | €287 | -€94 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €185,725 | -€14,256 | -€199,981 | |
| Income taxes | 67/77 | €22,585 | €210 | -€22,375 | -99.1% |
| Profit (loss) for the period | 9904 | €163,140 | -€14,466 | -€177,606 | |
| Profit (loss) for the period to be appropriated | 9905 | €163,140 | -€14,466 | -€177,606 |
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 31 October 2026 via checked.be.