N.V. PEE: 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.
N.V. PEE
Largest movements
- Receivables within one year +€27,551
new in 2025: €27,551
- Cash +€21,321
up €21,321 (+436.4%), from €4,886 to €26,207
mainly Tax, wage and social debts (+€23,281) and Other debts (+€21,002)
- Deferred charges and accrued income +€2,188
new in 2025: €2,188
- Tangible fixed assets +€2,102
up €2,102 (+42.1%), from €4,997 to €7,100
- Tax, wage and social debts +€23,281
new in 2025: €23,281
of which Remuneration and social security: +€19,703
- Other debts +€21,002
new in 2025: €21,002
- Profit (loss) carried forward +€13,827
up €13,827, from -€1,117 to €12,710
- Trade debts -€4,949
down €4,949 (-99.0%), from €5,000 to €51
- Gross operating margin +€21,269
up €21,269, from -€1,114 to €20,154
- Taxes +€3,578
new in 2025: €3,578
- Depreciation +€1,695
up €1,695 (+62080.6%), from €3 to €1,698
- Other operating charges +€940
new in 2025: €940
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.
Cash bridge derived
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 | €9,883 | €63,045 | +€53,162 | +537.9% |
| Fixed assets | 21/28 | €4,997 | €7,100 | +€2,102 | +42.1% |
| Tangible fixed assets | 22/27 | €4,997 | €7,100 | +€2,102 | +42.1% |
| Furniture and vehicles | 24 | €4,997 | €7,100 | +€2,102 | +42.1% |
| Current assets | 29/58 | €4,886 | €55,946 | +€51,060 | +1045.1% |
| Amounts receivable within one year | 40/41 | - | €27,551 | +€27,551 | |
| Trade receivables | 40 | - | €27,551 | +€27,551 | |
| Cash at bank and in hand | 54/58 | €4,886 | €26,207 | +€21,321 | +436.4% |
| Deferred charges and accrued income | 490/1 | - | €2,188 | +€2,188 | |
| Total equity and liabilities | 10/49 | €9,883 | €63,045 | +€53,162 | +537.9% |
| Equity | 10/15 | €4,883 | €18,710 | +€13,827 | +283.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,117 | €12,710 | +€13,827 | |
| Amounts payable | 17/49 | €5,000 | €44,335 | +€39,335 | +786.7% |
| Amounts payable within one year | 42/48 | €5,000 | €44,335 | +€39,335 | +786.7% |
| Trade debts | 44 | €5,000 | €51 | -€4,949 | -99.0% |
| Suppliers | 440/4 | €5,000 | €51 | -€4,949 | -99.0% |
| Taxes, remuneration and social security | 45 | - | €23,281 | +€23,281 | |
| Taxes | 450/3 | - | €3,578 | +€3,578 | |
| Remuneration and social security | 454/9 | - | €19,703 | +€19,703 | |
| Other amounts payable | 47/48 | - | €21,002 | +€21,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3 | €1,698 | +€1,695 | +62080.6% |
| Other operating charges | 640/8 | - | €940 | +€940 | |
| Gross operating margin | 9900 | -€1,114 | €20,154 | +€21,269 | |
| Operating profit (loss) | 9901 | -€1,117 | €17,516 | +€18,633 | |
| Financial charges | 65/66B | - | €111 | +€111 | |
| Recurring financial charges | 65 | - | €111 | +€111 | |
| Profit (loss) for the period before taxes | 9903 | -€1,117 | €17,406 | +€18,523 | |
| Income taxes | 67/77 | - | €3,578 | +€3,578 | |
| Profit (loss) for the period | 9904 | -€1,117 | €13,827 | +€14,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,117 | €13,827 | +€14,944 |
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 2 October 2026 via checked.be.