PEB COLAK: 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 COLAK
Largest movements
- Receivables within one year +€21,161
up €21,161 (+85.5%), from €24,762 to €45,923
of which Trade receivables: +€31,161
- Tangible fixed assets -€12,083
down €12,083 (-24.8%), from €48,735 to €36,651
- Cash +€3,815
up €3,815 (+363.3%), from €1,050 to €4,866
mainly Tax, wage and social debts (+€20,354) and Depreciation (+€12,050)
- Deferred charges and accrued income +€952
new in 2025: €952
- Tax, wage and social debts +€20,354
up €20,354 (+378.9%), from €5,372 to €25,726
of which Remuneration and social security: +€21,544
- Debts after one year -€8,284
down €8,284 (-30.7%), from €26,941 to €18,657
- Advances received -€3,445
no longer reported in 2025 (was €3,445)
- Profit (loss) carried forward +€2,387
up €2,387 (+116.9%), from €2,042 to €4,429
- Other debts +€1,244
up €1,244 (+12.7%), from €9,758 to €11,002
- Gross operating margin +€7,924
up €7,924 (+70.8%), from €11,191 to €19,115
- Depreciation -€2,627
down €2,627 (-17.9%), from €14,676 to €12,050
- Other operating charges -€1,061
down €1,061 (-27.0%), from €3,924 to €2,863
- Financial charges -€237
down €237 (-11.5%), from €2,052 to €1,816
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 | €74,547 | €88,392 | +€13,845 | +18.6% |
| Fixed assets | 21/28 | €48,735 | €36,651 | -€12,083 | -24.8% |
| Tangible fixed assets | 22/27 | €48,735 | €36,651 | -€12,083 | -24.8% |
| Furniture and vehicles | 24 | €48,735 | €36,651 | -€12,083 | -24.8% |
| Current assets | 29/58 | €25,812 | €51,741 | +€25,929 | +100.5% |
| Amounts receivable within one year | 40/41 | €24,762 | €45,923 | +€21,161 | +85.5% |
| Trade receivables | 40 | €14,762 | €45,923 | +€31,161 | +211.1% |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €1,050 | €4,866 | +€3,815 | +363.3% |
| Deferred charges and accrued income | 490/1 | - | €952 | +€952 | |
| Total equity and liabilities | 10/49 | €74,547 | €88,392 | +€13,845 | +18.6% |
| Equity | 10/15 | €17,042 | €19,429 | +€2,387 | +14.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,042 | €4,429 | +€2,387 | +116.9% |
| Amounts payable | 17/49 | €57,505 | €68,963 | +€11,459 | +19.9% |
| Amounts payable after more than one year | 17 | €26,941 | €18,657 | -€8,284 | -30.7% |
| Financial debts | 170/4 | €26,941 | €18,657 | -€8,284 | -30.7% |
| Amounts payable within one year | 42/48 | €30,563 | €50,306 | +€19,743 | +64.6% |
| Current portion of amounts payable after more than one year | 42 | €7,878 | €8,284 | +€406 | +5.2% |
| Trade debts | 44 | €4,112 | €5,295 | +€1,183 | +28.8% |
| Suppliers | 440/4 | €4,112 | €5,295 | +€1,183 | +28.8% |
| Advances received on contracts in progress | 46 | €3,445 | - | -€3,445 | |
| Taxes, remuneration and social security | 45 | €5,372 | €25,726 | +€20,354 | +378.9% |
| Taxes | 450/3 | €5,372 | €4,182 | -€1,190 | -22.1% |
| Remuneration and social security | 454/9 | - | €21,544 | +€21,544 | |
| Other amounts payable | 47/48 | €9,758 | €11,002 | +€1,244 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,676 | €12,050 | -€2,627 | -17.9% |
| Other operating charges | 640/8 | €3,924 | €2,863 | -€1,061 | -27.0% |
| Gross operating margin | 9900 | €11,191 | €19,115 | +€7,924 | +70.8% |
| Operating profit (loss) | 9901 | -€7,409 | €4,203 | +€11,612 | |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.9% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.9% |
| Financial charges | 65/66B | €2,052 | €1,816 | -€237 | -11.5% |
| Recurring financial charges | 65 | €2,052 | €1,816 | -€237 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,451 | €2,387 | +€11,838 | |
| Profit (loss) for the period | 9904 | -€9,451 | €2,387 | +€11,838 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,451 | €2,387 | +€11,838 |
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 6 October 2026 via checked.be.