PEBA: 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.
PEBA
Largest movements
- Tangible fixed assets -€18,122
down €18,122 (-4.4%), from €413,364 to €395,242
of which Other tangible fixed assets: -€10,296
- Cash +€16,991
up €16,991 (+34.8%), from €48,860 to €65,851
mainly Other debts (+€173,339) and Net result for the year (+€30,840)
- Other debts +€173,339
up €173,339 (+1241.8%), from €13,958 to €187,298
- Reserves -€153,053
down €153,053 (-35.8%), from €427,497 to €274,444
of which Distributable reserves: -€152,130
- Debts after one year -€22,311
down €22,311 (-19.6%), from €113,565 to €91,254
of which Financial debts: -€22,311
- Trade debts -€11,572
down €11,572 (-54.5%), from €21,218 to €9,647
- Tax, wage and social debts +€7,852
up €7,852 (+116.2%), from €6,756 to €14,608
of which Taxes: +€10,435
- Gross operating margin +€7,655
up €7,655 (+11.0%), from €69,512 to €77,167
- Depreciation +€6,196
up €6,196 (+28.8%), from €21,524 to €27,720
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 | €628,219 | €623,804 | -€4,415 | -0.7% |
| Fixed assets | 21/28 | €413,364 | €395,242 | -€18,122 | -4.4% |
| Tangible fixed assets | 22/27 | €413,364 | €395,242 | -€18,122 | -4.4% |
| Furniture and vehicles | 24 | €24,872 | €17,047 | -€7,825 | -31.5% |
| Other tangible fixed assets | 26 | €388,491 | €378,195 | -€10,296 | -2.7% |
| Current assets | 29/58 | €214,856 | €228,562 | +€13,706 | +6.4% |
| Amounts receivable within one year | 40/41 | €25,743 | €22,458 | -€3,286 | -12.8% |
| Trade receivables | 40 | €25,743 | €21,890 | -€3,854 | -15.0% |
| Other amounts receivable | 41 | - | €568 | +€568 | |
| Current investments | 50/53 | €140,000 | €140,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,860 | €65,851 | +€16,991 | +34.8% |
| Deferred charges and accrued income | 490/1 | €252 | €253 | +€1 | +0.3% |
| Total equity and liabilities | 10/49 | €628,219 | €623,804 | -€4,415 | -0.7% |
| Equity | 10/15 | €433,697 | €280,644 | -€153,053 | -35.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €427,497 | €274,444 | -€153,053 | -35.8% |
| Tax-exempt reserves | 132 | €15,540 | €14,617 | -€923 | -5.9% |
| Distributable reserves | 133 | €411,957 | €259,826 | -€152,130 | -36.9% |
| Provisions and deferred taxes | 16 | €11,444 | €11,213 | -€231 | -2.0% |
| Provisions for liabilities and charges | 160/5 | €7,559 | €7,559 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,559 | €7,559 | = | 0.0% |
| Deferred taxes | 168 | €3,885 | €3,654 | -€231 | -5.9% |
| Amounts payable | 17/49 | €183,079 | €331,947 | +€148,869 | +81.3% |
| Amounts payable after more than one year | 17 | €113,565 | €91,254 | -€22,311 | -19.6% |
| Financial debts | 170/4 | €95,438 | €73,127 | -€22,311 | -23.4% |
| Other amounts payable | 178/9 | €18,127 | €18,127 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,691 | €235,706 | +€170,015 | +258.8% |
| Current portion of amounts payable after more than one year | 42 | €23,758 | €24,153 | +€395 | +1.7% |
| Trade debts | 44 | €21,218 | €9,647 | -€11,572 | -54.5% |
| Suppliers | 440/4 | €21,218 | €9,647 | -€11,572 | -54.5% |
| Taxes, remuneration and social security | 45 | €6,756 | €14,608 | +€7,852 | +116.2% |
| Taxes | 450/3 | €4,173 | €14,608 | +€10,435 | +250.1% |
| Remuneration and social security | 454/9 | €2,583 | - | -€2,583 | |
| Other amounts payable | 47/48 | €13,958 | €187,298 | +€173,339 | +1241.8% |
| Accrued charges and deferred income | 492/3 | €3,823 | €4,988 | +€1,164 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,524 | €27,720 | +€6,196 | +28.8% |
| Other operating charges | 640/8 | €5,449 | €6,084 | +€635 | +11.6% |
| Gross operating margin | 9900 | €69,512 | €77,167 | +€7,655 | +11.0% |
| Operating profit (loss) | 9901 | €42,539 | €43,364 | +€825 | +1.9% |
| Financial income | 75/76B | €4,218 | €3,941 | -€277 | -6.6% |
| Recurring financial income | 75 | €4,218 | €3,941 | -€277 | -6.6% |
| Financial charges | 65/66B | €2,889 | €3,244 | +€355 | +12.3% |
| Recurring financial charges | 65 | €2,889 | €3,244 | +€355 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €43,867 | €44,060 | +€193 | +0.4% |
| Transfer from deferred taxes | 780 | €101 | €231 | +€130 | +128.5% |
| Income taxes | 67/77 | €13,133 | €13,452 | +€318 | +2.4% |
| Profit (loss) for the period | 9904 | €30,834 | €30,840 | +€5 | 0.0% |
| Transfer from tax-exempt reserves | 789 | €404 | €923 | +€519 | +128.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,238 | €31,762 | +€524 | +1.7% |
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 30 September 2026 via checked.be.