PEAC: 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.
PEAC
Largest movements
- Receivables within one year -€23,473
down €23,473 (-69.4%), from €33,821 to €10,348
of which Trade receivables: -€33,669
- Tangible fixed assets -€17,599
down €17,599 (-8.2%), from €215,877 to €198,278
of which Furniture and vehicles: -€17,274
- Cash +€6,842
up €6,842 (+9.3%), from €73,406 to €80,248
mainly Receivables within one year (+€23,473) and Depreciation (+€17,599)
- Profit (loss) carried forward -€23,109
down €23,109 (-10.9%), from €211,816 to €188,707
- Tax, wage and social debts -€8,041
down €8,041 (-100.0%), from €8,041 to €0
- Gross operating margin -€57,643
down €57,643, from €52,589 to -€5,055
- Taxes -€9,534
down €9,534 (-95.8%), from €9,956 to €422
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 | €323,104 | €288,874 | -€34,230 | -10.6% |
| Fixed assets | 21/28 | €215,877 | €198,278 | -€17,599 | -8.2% |
| Tangible fixed assets | 22/27 | €215,877 | €198,278 | -€17,599 | -8.2% |
| Plant, machinery and equipment | 23 | €943 | €619 | -€325 | -34.4% |
| Furniture and vehicles | 24 | €214,934 | €197,660 | -€17,274 | -8.0% |
| Current assets | 29/58 | €107,227 | €90,596 | -€16,631 | -15.5% |
| Amounts receivable within one year | 40/41 | €33,821 | €10,348 | -€23,473 | -69.4% |
| Trade receivables | 40 | €33,669 | €0 | -€33,669 | -100.0% |
| Other amounts receivable | 41 | €152 | €10,348 | +€10,196 | +6723.0% |
| Cash at bank and in hand | 54/58 | €73,406 | €80,248 | +€6,842 | +9.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €323,104 | €288,874 | -€34,230 | -10.6% |
| Equity | 10/15 | €309,006 | €285,897 | -€23,109 | -7.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €77,190 | €77,190 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,622 | €3,622 | = | 0.0% |
| Distributable reserves | 133 | €73,568 | €73,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,816 | €188,707 | -€23,109 | -10.9% |
| Amounts payable | 17/49 | €14,098 | €2,977 | -€11,120 | -78.9% |
| Amounts payable within one year | 42/48 | €14,098 | €2,977 | -€11,120 | -78.9% |
| Trade debts | 44 | €1,167 | €125 | -€1,042 | -89.3% |
| Suppliers | 440/4 | €1,167 | €125 | -€1,042 | -89.3% |
| Taxes, remuneration and social security | 45 | €8,041 | €0 | -€8,041 | -100.0% |
| Taxes | 450/3 | €8,041 | €0 | -€8,041 | -100.0% |
| Other amounts payable | 47/48 | €4,889 | €2,852 | -€2,037 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,332 | €17,599 | +€266 | +1.5% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Non-recurring operating charges | 66A | €113 | €0 | -€113 | -100.0% |
| Gross operating margin | 9900 | €52,589 | -€5,055 | -€57,643 | |
| Operating profit (loss) | 9901 | €34,616 | -€23,197 | -€57,813 | |
| Financial income | 75/76B | €360 | €636 | +€276 | +76.8% |
| Recurring financial income | 75 | €360 | €636 | +€276 | +76.8% |
| Financial charges | 65/66B | €126 | €126 | -€0 | -0.1% |
| Recurring financial charges | 65 | €126 | €126 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €34,849 | -€22,687 | -€57,536 | |
| Income taxes | 67/77 | €9,956 | €422 | -€9,534 | -95.8% |
| Profit (loss) for the period | 9904 | €24,893 | -€23,109 | -€48,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,893 | -€23,109 | -€48,002 |
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 4 October 2026 via checked.be.