PEACH MH: 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.
PEACH MH
Largest movements
- Stocks and contracts +€47,605
up €47,605 (+41.6%), from €114,440 to €162,045
- Receivables within one year -€19,748
down €19,748 (-56.6%), from €34,906 to €15,158
of which Other amounts receivable: -€19,661
- Cash -€12,345
down €12,345 (-29.2%), from €42,315 to €29,970
mainly Stocks and contracts (-€47,605) and Trade debts (-€29,642)
- Tangible fixed assets -€5,187
down €5,187 (-10.3%), from €50,259 to €45,072
- Reserves +€51,474
up €51,474 (+119%), from €43,272 to €94,747
- Trade debts -€29,642
down €29,642 (-17.0%), from €174,504 to €144,861
- Other debts -€7,169
no longer reported in 2025 (was €7,169)
- Tax, wage and social debts -€4,338
down €4,338 (-29.0%), from €14,974 to €10,637
of which Remuneration and social security: -€8,361
- Write-downs -€34,744
down €34,744 (-77.4%), from €44,875 to €10,131
- Gross operating margin -€34,121
down €34,121 (-15.3%), from €223,441 to €189,320
- Staff costs -€15,589
down €15,589 (-14.0%), from €111,702 to €96,114
- Taxes +€4,049
up €4,049 (+27.0%), from €14,974 to €19,024
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 | €245,920 | €256,245 | +€10,325 | +4.2% |
| Fixed assets | 21/28 | €50,259 | €45,072 | -€5,187 | -10.3% |
| Tangible fixed assets | 22/27 | €50,259 | €45,072 | -€5,187 | -10.3% |
| Land and buildings | 22 | €16,494 | €14,390 | -€2,104 | -12.8% |
| Plant, machinery and equipment | 23 | €4,606 | €4,063 | -€543 | -11.8% |
| Furniture and vehicles | 24 | €29,159 | €26,619 | -€2,540 | -8.7% |
| Current assets | 29/58 | €195,661 | €211,173 | +€15,512 | +7.9% |
| Stocks and contracts in progress | 3 | €114,440 | €162,045 | +€47,605 | +41.6% |
| Stocks | 30/36 | €114,440 | €162,045 | +€47,605 | +41.6% |
| Amounts receivable within one year | 40/41 | €34,906 | €15,158 | -€19,748 | -56.6% |
| Trade receivables | 40 | €10,430 | €10,343 | -€87 | -0.8% |
| Other amounts receivable | 41 | €24,476 | €4,815 | -€19,661 | -80.3% |
| Cash at bank and in hand | 54/58 | €42,315 | €29,970 | -€12,345 | -29.2% |
| Deferred charges and accrued income | 490/1 | €4,000 | €4,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €245,920 | €256,245 | +€10,325 | +4.2% |
| Equity | 10/15 | €49,272 | €100,747 | +€51,474 | +104% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €43,272 | €94,747 | +€51,474 | +119% |
| Distributable reserves | 133 | €43,272 | €94,747 | +€51,474 | +119% |
| Amounts payable | 17/49 | €196,647 | €155,498 | -€41,149 | -20.9% |
| Amounts payable within one year | 42/48 | €196,647 | €155,498 | -€41,149 | -20.9% |
| Trade debts | 44 | €174,504 | €144,861 | -€29,642 | -17.0% |
| Suppliers | 440/4 | €174,504 | €144,861 | -€29,642 | -17.0% |
| Taxes, remuneration and social security | 45 | €14,974 | €10,637 | -€4,338 | -29.0% |
| Taxes | 450/3 | - | €4,024 | +€4,024 | |
| Remuneration and social security | 454/9 | €14,974 | €6,613 | -€8,361 | -55.8% |
| Other amounts payable | 47/48 | €7,169 | - | -€7,169 | |
| Remuneration, social security and pensions | 62 | €111,702 | €96,114 | -€15,589 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,865 | €7,571 | -€294 | -3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €44,875 | €10,131 | -€34,744 | -77.4% |
| Other operating charges | 640/8 | €880 | €862 | -€17 | -2.0% |
| Non-recurring operating charges | 66A | - | €4,650 | +€4,650 | |
| Gross operating margin | 9900 | €223,441 | €189,320 | -€34,121 | -15.3% |
| Operating profit (loss) | 9901 | €58,119 | €69,992 | +€11,873 | +20.4% |
| Financial income | 75/76B | €313 | €898 | +€584 | +186% |
| Recurring financial income | 75 | €313 | €898 | +€584 | +186% |
| Financial charges | 65/66B | €186 | €391 | +€206 | +111% |
| Recurring financial charges | 65 | €186 | €391 | +€206 | +111% |
| Profit (loss) for the period before taxes | 9903 | €58,247 | €70,498 | +€12,252 | +21.0% |
| Income taxes | 67/77 | €14,974 | €19,024 | +€4,049 | +27.0% |
| Profit (loss) for the period | 9904 | €43,272 | €51,474 | +€8,202 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,272 | €51,474 | +€8,202 | +19.0% |
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 20 October 2026 via checked.be.