PE. Maintenance: 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.
PE. Maintenance
Largest movements
- Receivables within one year +€50,785
up €50,785 (+1,117%), from €4,548 to €55,333
of which Trade receivables: +€49,768
- Cash +€15,681
up €15,681 (+258%), from €6,088 to €21,769
mainly Trade debts (+€45,463) and Net result for the year (+€21,092)
- Trade debts +€45,463
up €45,463 (+596%), from €7,630 to €53,092
- Profit (loss) carried forward +€20,092
up €20,092, from -€1,811 to €18,281
- Reserves +€1,000
new in 2025: €1,000
- Gross operating margin +€42,390
up €42,390, from -€1,729 to €40,661
- Taxes +€21,000
new in 2025: €21,000
- Financial income +€1,848
up €1,848 (+3,837%), from €48 to €1,896
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 | €11,818 | €78,373 | +€66,555 | +563% |
| Fixed assets | 21/28 | €1,182 | €1,271 | +€89 | +7.5% |
| Tangible fixed assets | 22/27 | €1,182 | €1,271 | +€89 | +7.5% |
| Plant, machinery and equipment | 23 | €1,182 | €1,271 | +€89 | +7.5% |
| Current assets | 29/58 | €10,636 | €77,102 | +€66,466 | +625% |
| Amounts receivable within one year | 40/41 | €4,548 | €55,333 | +€50,785 | +1,117% |
| Trade receivables | 40 | €1,421 | €51,189 | +€49,768 | +3,503% |
| Other amounts receivable | 41 | €3,127 | €4,144 | +€1,017 | +32.5% |
| Cash at bank and in hand | 54/58 | €6,088 | €21,769 | +€15,681 | +258% |
| Total equity and liabilities | 10/49 | €11,818 | €78,373 | +€66,555 | +563% |
| Equity | 10/15 | €4,189 | €25,281 | +€21,092 | +504% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Uncalled capital | 101 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €1,000 | +€1,000 | |
| Non-distributable reserves | 130/1 | - | €1,000 | +€1,000 | |
| Legal reserve | 130 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | -€1,811 | €18,281 | +€20,092 | |
| Amounts payable | 17/49 | €7,630 | €53,092 | +€45,463 | +596% |
| Amounts payable within one year | 42/48 | €7,630 | €53,092 | +€45,463 | +596% |
| Trade debts | 44 | €7,630 | €53,092 | +€45,463 | +596% |
| Suppliers | 440/4 | €7,630 | €53,092 | +€45,463 | +596% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131 | €310 | +€179 | +137% |
| Gross operating margin | 9900 | -€1,729 | €40,661 | +€42,390 | |
| Operating profit (loss) | 9901 | -€1,860 | €40,351 | +€42,210 | |
| Financial income | 75/76B | €48 | €1,896 | +€1,848 | +3,837% |
| Recurring financial income | 75 | €48 | €1,896 | +€1,848 | +3,837% |
| Financial charges | 65/66B | - | €155 | +€155 | |
| Recurring financial charges | 65 | - | €155 | +€155 | |
| Profit (loss) for the period before taxes | 9903 | -€1,811 | €42,092 | +€43,904 | |
| Income taxes | 67/77 | - | €21,000 | +€21,000 | |
| Profit (loss) for the period | 9904 | -€1,811 | €21,092 | +€22,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,811 | €21,092 | +€22,904 |
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 13 October 2026 via checked.be.