PEB HOME: 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.
PEB HOME
Largest movements
- Tangible fixed assets +€81,055
up €81,055 (+18.4%), from €439,833 to €520,888
of which Land and buildings: +€87,799
- Receivables after one year -€74,634
no longer reported in 2025 (was €74,634)
- Receivables within one year +€53,385
up €53,385 (+862%), from €6,191 to €59,576
of which Trade receivables: +€56,270
- Cash +€38,258
up €38,258 (+83.8%), from €45,635 to €83,893
mainly Debts after one year (+€383,449) and Receivables after one year (+€74,634)
- Debts after one year +€383,449
new in 2025: €383,449
- Short-term financial debts -€360,000
no longer reported in 2025 (was €360,000)
- Reserves +€46,225
up €46,225 (+40.8%), from €113,215 to €159,440
- Tax, wage and social debts +€38,789
up €38,789 (+568%), from €6,833 to €45,622
of which Taxes: +€35,642
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Gross operating margin +€111,728
up €111,728 (+338%), from €33,074 to €144,802
- Taxes +€21,837
up €21,837 (+15,177%), from €144 to €21,981
- Financial charges +€13,739
up €13,739 (+904%), from €1,519 to €15,258
- Other operating charges +€7,325
up €7,325 (+563%), from €1,301 to €8,625
- Depreciation +€5,101
up €5,101 (+51.1%), from €9,974 to €15,075
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 | €567,541 | €667,965 | +€100,424 | +17.7% |
| Fixed assets | 21/28 | €441,081 | €520,888 | +€79,808 | +18.1% |
| Tangible fixed assets | 22/27 | €439,833 | €520,888 | +€81,055 | +18.4% |
| Land and buildings | 22 | €432,695 | €520,494 | +€87,799 | +20.3% |
| Plant, machinery and equipment | 23 | €45 | - | -€45 | |
| Furniture and vehicles | 24 | €2,706 | €395 | -€2,311 | -85.4% |
| Other tangible fixed assets | 26 | €4,388 | - | -€4,388 | |
| Financial fixed assets | 28 | €1,248 | - | -€1,248 | |
| Current assets | 29/58 | €126,460 | €147,076 | +€20,616 | +16.3% |
| Amounts receivable after more than one year | 29 | €74,634 | - | -€74,634 | |
| Other amounts receivable | 291 | €74,634 | - | -€74,634 | |
| Amounts receivable within one year | 40/41 | €6,191 | €59,576 | +€53,385 | +862% |
| Trade receivables | 40 | €3,306 | €59,576 | +€56,270 | +1,702% |
| Other amounts receivable | 41 | €2,885 | - | -€2,885 | |
| Cash at bank and in hand | 54/58 | €45,635 | €83,893 | +€38,258 | +83.8% |
| Deferred charges and accrued income | 490/1 | - | €3,607 | +€3,607 | |
| Total equity and liabilities | 10/49 | €567,541 | €667,965 | +€100,424 | +17.7% |
| Equity | 10/15 | €184,896 | €231,122 | +€46,225 | +25.0% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €113,215 | €159,440 | +€46,225 | +40.8% |
| Distributable reserves | 133 | €113,215 | €159,440 | +€46,225 | +40.8% |
| Profit (loss) carried forward | 14 | €63,621 | €63,621 | = | 0.0% |
| Amounts payable | 17/49 | €382,645 | €436,843 | +€54,199 | +14.2% |
| Amounts payable after more than one year | 17 | - | €383,449 | +€383,449 | |
| Financial debts | 170/4 | - | €383,449 | +€383,449 | |
| Amounts payable within one year | 42/48 | €382,645 | €53,394 | -€329,250 | -86.0% |
| Current portion of amounts payable after more than one year | 42 | €772 | €7,044 | +€6,272 | +812% |
| Financial debts | 43 | €360,000 | - | -€360,000 | |
| Credit institutions | 430/8 | €360,000 | - | -€360,000 | |
| Trade debts | 44 | €39 | €728 | +€689 | +1,757% |
| Suppliers | 440/4 | €39 | €728 | +€689 | +1,757% |
| Taxes, remuneration and social security | 45 | €6,833 | €45,622 | +€38,789 | +568% |
| Taxes | 450/3 | €2,033 | €37,675 | +€35,642 | +1,753% |
| Remuneration and social security | 454/9 | €4,800 | €7,947 | +€3,147 | +65.6% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | €36,708 | €37,664 | +€956 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,974 | €15,075 | +€5,101 | +51.1% |
| Other operating charges | 640/8 | €1,301 | €8,625 | +€7,325 | +563% |
| Gross operating margin | 9900 | €33,074 | €144,802 | +€111,728 | +338% |
| Operating profit (loss) | 9901 | -€14,909 | €83,438 | +€98,346 | |
| Financial income | 75/76B | €3 | €27 | +€24 | +781% |
| Recurring financial income | 75 | €3 | €27 | +€24 | +781% |
| Financial charges | 65/66B | €1,519 | €15,258 | +€13,739 | +904% |
| Recurring financial charges | 65 | €1,519 | €15,258 | +€13,739 | +904% |
| Profit (loss) for the period before taxes | 9903 | -€16,425 | €68,206 | +€84,631 | |
| Income taxes | 67/77 | €144 | €21,981 | +€21,837 | +15,177% |
| Profit (loss) for the period | 9904 | -€16,569 | €46,225 | +€62,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,569 | €46,225 | +€62,794 |
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 31 October 2026 via checked.be.