P.E. Invest: 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. Invest
Largest movements
- Receivables within one year -€49,386
down €49,386 (-37.2%), from €132,660 to €83,274
of which Other amounts receivable: -€47,536
- Current investments +€20,041
up €20,041 (+802%), from €2,500 to €22,541
- Tax, wage and social debts -€36,402
down €36,402 (-86.1%), from €42,294 to €5,892
- Reserves +€32,308
up €32,308 (+16.8%), from €192,230 to €224,538
- Current portion of long-term debt -€22,685
down €22,685 (-77.1%), from €29,415 to €6,730
- Gross operating margin -€60,579
down €60,579 (-55.7%), from €108,720 to €48,140
- Taxes -€12,464
down €12,464 (-57.2%), from €21,790 to €9,326
- Financial charges -€1,286
down €1,286 (-26.8%), from €4,795 to €3,509
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 | €276,085 | €247,671 | -€28,414 | -10.3% |
| Fixed assets | 21/28 | €6,251 | €6,155 | -€97 | -1.5% |
| Tangible fixed assets | 22/27 | €6,251 | €6,155 | -€97 | -1.5% |
| Land and buildings | 22 | €2,751 | €2,873 | +€121 | +4.4% |
| Furniture and vehicles | 24 | €3,500 | €3,282 | -€218 | -6.2% |
| Current assets | 29/58 | €269,834 | €241,517 | -€28,317 | -10.5% |
| Amounts receivable within one year | 40/41 | €132,660 | €83,274 | -€49,386 | -37.2% |
| Trade receivables | 40 | €74,450 | €72,600 | -€1,850 | -2.5% |
| Other amounts receivable | 41 | €58,210 | €10,674 | -€47,536 | -81.7% |
| Current investments | 50/53 | €2,500 | €22,541 | +€20,041 | +802% |
| Cash at bank and in hand | 54/58 | €132,886 | €133,914 | +€1,028 | +0.8% |
| Deferred charges and accrued income | 490/1 | €1,787 | €1,787 | = | 0.0% |
| Total equity and liabilities | 10/49 | €276,085 | €247,671 | -€28,414 | -10.3% |
| Equity | 10/15 | €193,230 | €225,538 | +€32,308 | +16.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €192,230 | €224,538 | +€32,308 | +16.8% |
| Distributable reserves | 133 | €192,230 | €224,538 | +€32,308 | +16.8% |
| Amounts payable | 17/49 | €82,854 | €22,133 | -€60,721 | -73.3% |
| Amounts payable within one year | 42/48 | €82,354 | €21,906 | -€60,447 | -73.4% |
| Current portion of amounts payable after more than one year | 42 | €29,415 | €6,730 | -€22,685 | -77.1% |
| Trade debts | 44 | €4,844 | €5,853 | +€1,009 | +20.8% |
| Suppliers | 440/4 | €4,844 | €5,853 | +€1,009 | +20.8% |
| Taxes, remuneration and social security | 45 | €42,294 | €5,892 | -€36,402 | -86.1% |
| Taxes | 450/3 | €42,294 | €5,892 | -€36,402 | -86.1% |
| Other amounts payable | 47/48 | €5,800 | €3,431 | -€2,369 | -40.8% |
| Accrued charges and deferred income | 492/3 | €501 | €227 | -€274 | -54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,540 | €1,770 | +€230 | +15.0% |
| Other operating charges | 640/8 | €1,360 | €1,269 | -€91 | -6.7% |
| Gross operating margin | 9900 | €108,720 | €48,140 | -€60,579 | -55.7% |
| Operating profit (loss) | 9901 | €105,820 | €45,101 | -€60,719 | -57.4% |
| Financial income | 75/76B | €0 | €41 | +€41 | +20,630% |
| Recurring financial income | 75 | €0 | €41 | +€41 | +20,630% |
| Financial charges | 65/66B | €4,795 | €3,509 | -€1,286 | -26.8% |
| Recurring financial charges | 65 | €4,795 | €3,509 | -€1,286 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €101,026 | €41,634 | -€59,392 | -58.8% |
| Income taxes | 67/77 | €21,790 | €9,326 | -€12,464 | -57.2% |
| Profit (loss) for the period | 9904 | €79,236 | €32,308 | -€46,928 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,236 | €32,308 | -€46,928 | -59.2% |
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 26 October 2026 via checked.be.