P.E. CONCEPT: 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.
P.E. CONCEPT
Largest movements
- Receivables within one year +€6,482
up €6,482 (+131.8%), from €4,918 to €11,400
of which Trade receivables: +€6,782
- Tangible fixed assets +€3,469
up €3,469 (+137.9%), from €2,515 to €5,984
of which Other tangible fixed assets: +€1,867
- Stocks and contracts -€898
down €898 (-34.1%), from €2,633 to €1,736
- Deferred charges and accrued income +€828
new in 2025: €828
- Cash +€302
up €302 (+20.4%), from €1,480 to €1,781
mainly Other debts (+€6,566) and Net result for the year (+€2,215)
- Other debts +€6,566
up €6,566 (+72.3%), from €9,083 to €15,649
- Profit (loss) carried forward +€2,215
up €2,215 (+2.3%), from -€96,820 to -€94,606
- Tax, wage and social debts +€977
up €977 (+119.6%), from €817 to €1,794
- Trade debts +€425
up €425 (+86.6%), from €491 to €916
- Gross operating margin +€6,469
up €6,469, from -€1,757 to €4,712
- Other operating charges -€4,851
down €4,851 (-84.4%), from €5,746 to €896
- Depreciation +€461
up €461 (+40.3%), from €1,142 to €1,602
- Financial income -€74
down €74 (-98.6%), from €75 to €1
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 | €12,186 | €22,369 | +€10,183 | +83.6% |
| Fixed assets | 21/28 | €3,155 | €6,624 | +€3,469 | +109.9% |
| Tangible fixed assets | 22/27 | €2,515 | €5,984 | +€3,469 | +137.9% |
| Plant, machinery and equipment | 23 | €2,515 | €4,118 | +€1,602 | +63.7% |
| Other tangible fixed assets | 26 | - | €1,867 | +€1,867 | |
| Financial fixed assets | 28 | €640 | €640 | = | 0.0% |
| Current assets | 29/58 | €9,031 | €15,745 | +€6,714 | +74.3% |
| Stocks and contracts in progress | 3 | €2,633 | €1,736 | -€898 | -34.1% |
| Stocks | 30/36 | €2,633 | €1,736 | -€898 | -34.1% |
| Amounts receivable within one year | 40/41 | €4,918 | €11,400 | +€6,482 | +131.8% |
| Trade receivables | 40 | €4,618 | €11,400 | +€6,782 | +146.9% |
| Other amounts receivable | 41 | €300 | €0 | -€300 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,480 | €1,781 | +€302 | +20.4% |
| Deferred charges and accrued income | 490/1 | - | €828 | +€828 | |
| Total equity and liabilities | 10/49 | €12,186 | €22,369 | +€10,183 | +83.6% |
| Equity | 10/15 | €1,796 | €4,010 | +€2,215 | +123.3% |
| Contributions | 10/11 | €98,600 | €98,600 | = | 0.0% |
| Reserves | 13 | €16 | €16 | = | 0.0% |
| Distributable reserves | 133 | €16 | €16 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,820 | -€94,606 | +€2,215 | +2.3% |
| Amounts payable | 17/49 | €10,390 | €18,359 | +€7,968 | +76.7% |
| Amounts payable within one year | 42/48 | €10,390 | €18,359 | +€7,968 | +76.7% |
| Trade debts | 44 | €491 | €916 | +€425 | +86.6% |
| Suppliers | 440/4 | €491 | €916 | +€425 | +86.6% |
| Taxes, remuneration and social security | 45 | €817 | €1,794 | +€977 | +119.6% |
| Taxes | 450/3 | €817 | €1,794 | +€977 | +119.6% |
| Other amounts payable | 47/48 | €9,083 | €15,649 | +€6,566 | +72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,142 | €1,602 | +€461 | +40.3% |
| Other operating charges | 640/8 | €5,746 | €896 | -€4,851 | -84.4% |
| Gross operating margin | 9900 | -€1,757 | €4,712 | +€6,469 | |
| Operating profit (loss) | 9901 | -€8,645 | €2,214 | +€10,859 | |
| Financial income | 75/76B | €75 | €1 | -€74 | -98.6% |
| Recurring financial income | 75 | €75 | €1 | -€74 | -98.6% |
| Financial charges | 65/66B | €13 | €0 | -€13 | -98.2% |
| Recurring financial charges | 65 | €13 | €0 | -€13 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,583 | €2,215 | +€10,798 | |
| Profit (loss) for the period | 9904 | -€8,583 | €2,215 | +€10,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,583 | €2,215 | +€10,798 |
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 10 October 2026 via checked.be.