PEB Certi: 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.
PEB Certi
Largest movements
- Receivables within one year +€561,688
up €561,688 (+290.3%), from €193,460 to €755,148
of which Trade receivables: +€524,406
- Tangible fixed assets +€122,416
up €122,416 (+43.7%), from €280,422 to €402,838
of which Land and buildings: +€128,167
- Stocks and contracts +€70,000
up €70,000, from €0 to €70,000
- Trade debts +€499,170
up €499,170 (+335.5%), from €148,771 to €647,941
- Current portion of long-term debt +€102,894
up €102,894 (+630.2%), from €16,327 to €119,221
- Reserves +€55,305
up €55,305 (+58.8%), from €94,135 to €149,440
of which Distributable reserves: +€73,905
- Debts after one year +€43,280
up €43,280 (+36.4%), from €118,860 to €162,140
- Other debts +€42,560
up €42,560 (+110.1%), from €38,657 to €81,217
- Gross operating margin +€67,984
up €67,984 (+72.9%), from €93,285 to €161,269
- Financial charges +€9,722
up €9,722 (+81.7%), from €11,893 to €21,615
- Taxes +€9,603
up €9,603 (+44.1%), from €21,758 to €31,361
- Depreciation +€8,843
up €8,843 (+41.1%), from €21,541 to €30,384
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €482,845 | €1,237,121 | +€754,276 | +156.2% |
| Fixed assets | 21/28 | €288,572 | €410,988 | +€122,416 | +42.4% |
| Tangible fixed assets | 22/27 | €280,422 | €402,838 | +€122,416 | +43.7% |
| Land and buildings | 22 | €251,740 | €379,907 | +€128,167 | +50.9% |
| Plant, machinery and equipment | 23 | €7,543 | €6,361 | -€1,182 | -15.7% |
| Furniture and vehicles | 24 | €21,139 | €16,570 | -€4,569 | -21.6% |
| Financial fixed assets | 28 | €8,150 | €8,150 | = | 0.0% |
| Current assets | 29/58 | €194,273 | €826,133 | +€631,860 | +325.2% |
| Stocks and contracts in progress | 3 | €0 | €70,000 | +€70,000 | |
| Contracts in progress | 37 | €0 | €70,000 | +€70,000 | |
| Amounts receivable within one year | 40/41 | €193,460 | €755,148 | +€561,688 | +290.3% |
| Trade receivables | 40 | €192,560 | €716,966 | +€524,406 | +272.3% |
| Other amounts receivable | 41 | €900 | €38,182 | +€37,282 | +4142.4% |
| Cash at bank and in hand | 54/58 | €813 | €985 | +€172 | +21.2% |
| Total equity and liabilities | 10/49 | €482,845 | €1,237,121 | +€754,276 | +156.2% |
| Equity | 10/15 | €115,838 | €189,743 | +€73,905 | +63.8% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €94,135 | €149,440 | +€55,305 | +58.8% |
| Non-distributable reserves | 130/1 | €20,460 | €1,860 | -€18,600 | -90.9% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €18,600 | - | -€18,600 | |
| Distributable reserves | 133 | €73,675 | €147,580 | +€73,905 | +100.3% |
| Profit (loss) carried forward | 14 | €21,703 | €21,703 | = | 0.0% |
| Amounts payable | 17/49 | €367,007 | €1,047,378 | +€680,371 | +185.4% |
| Amounts payable after more than one year | 17 | €118,860 | €162,140 | +€43,280 | +36.4% |
| Financial debts | 170/4 | €118,860 | €162,140 | +€43,280 | +36.4% |
| Amounts payable within one year | 42/48 | €246,663 | €879,511 | +€632,848 | +256.6% |
| Current portion of amounts payable after more than one year | 42 | €16,327 | €119,221 | +€102,894 | +630.2% |
| Financial debts | 43 | €23,218 | €24,900 | +€1,682 | +7.2% |
| Credit institutions | 430/8 | €23,218 | €24,900 | +€1,682 | +7.2% |
| Trade debts | 44 | €148,771 | €647,941 | +€499,170 | +335.5% |
| Suppliers | 440/4 | €148,771 | €647,941 | +€499,170 | +335.5% |
| Taxes, remuneration and social security | 45 | €19,690 | €6,232 | -€13,458 | -68.3% |
| Taxes | 450/3 | €19,690 | €6,232 | -€13,458 | -68.3% |
| Other amounts payable | 47/48 | €38,657 | €81,217 | +€42,560 | +110.1% |
| Accrued charges and deferred income | 492/3 | €1,484 | €5,727 | +€4,243 | +285.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,541 | €30,384 | +€8,843 | +41.1% |
| Other operating charges | 640/8 | €3,408 | €4,004 | +€596 | +17.5% |
| Gross operating margin | 9900 | €93,285 | €161,269 | +€67,984 | +72.9% |
| Operating profit (loss) | 9901 | €68,336 | €126,881 | +€58,545 | +85.7% |
| Financial charges | 65/66B | €11,893 | €21,615 | +€9,722 | +81.7% |
| Recurring financial charges | 65 | €11,893 | €21,615 | +€9,722 | +81.7% |
| Profit (loss) for the period before taxes | 9903 | €56,443 | €105,266 | +€48,823 | +86.5% |
| Income taxes | 67/77 | €21,758 | €31,361 | +€9,603 | +44.1% |
| Profit (loss) for the period | 9904 | €34,685 | €73,905 | +€39,220 | +113.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,685 | €73,905 | +€39,220 | +113.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.