PeBloSa: 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.
PeBloSa
Largest movements
- Tangible fixed assets -€28,594
down €28,594 (-7.9%), from €364,163 to €335,569
of which Land and buildings: -€28,594
- Current investments -€20,000
down €20,000 (-16.7%), from €120,000 to €100,000
- Cash -€18,721
down €18,721 (-25.9%), from €72,321 to €53,600
mainly Debts after one year (-€103,834) and Current portion of long-term debt (-€23,476)
- Debts after one year -€103,834
down €103,834 (-100%), from €103,834 to €0
- Reserves +€30,778
up €30,778 (+18.6%), from €165,222 to €196,000
of which Distributable reserves: +€30,778
- Other debts +€24,123
up €24,123 (+20.3%), from €118,601 to €142,724
- Current portion of long-term debt -€23,476
down €23,476 (-100%), from €23,476 to €0
- Gross operating margin +€20,324
up €20,324 (+21.6%), from €94,247 to €114,570
- Taxes +€7,069
up €7,069 (+42.1%), from €16,779 to €23,848
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 | €576,157 | €507,035 | -€69,122 | -12.0% |
| Fixed assets | 21/28 | €364,163 | €335,569 | -€28,594 | -7.9% |
| Tangible fixed assets | 22/27 | €364,163 | €335,569 | -€28,594 | -7.9% |
| Land and buildings | 22 | €364,163 | €335,569 | -€28,594 | -7.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €211,994 | €171,466 | -€40,528 | -19.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €120,000 | €100,000 | -€20,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €72,321 | €53,600 | -€18,721 | -25.9% |
| Deferred charges and accrued income | 490/1 | €19,673 | €17,866 | -€1,807 | -9.2% |
| Total equity and liabilities | 10/49 | €576,157 | €507,035 | -€69,122 | -12.0% |
| Equity | 10/15 | €302,585 | €333,363 | +€30,778 | +10.2% |
| Contributions | 10/11 | €19,250 | €19,250 | = | 0.0% |
| Revaluation surpluses | 12 | €118,113 | €118,113 | = | 0.0% |
| Reserves | 13 | €165,222 | €196,000 | +€30,778 | +18.6% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €165,222 | €196,000 | +€30,778 | +18.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €273,572 | €173,672 | -€99,901 | -36.5% |
| Amounts payable after more than one year | 17 | €103,834 | €0 | -€103,834 | -100% |
| Financial debts | 170/4 | €103,834 | €0 | -€103,834 | -100% |
| Amounts payable within one year | 42/48 | €153,323 | €157,551 | +€4,228 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €23,476 | €0 | -€23,476 | -100% |
| Trade debts | 44 | €315 | €1,714 | +€1,399 | +444% |
| Suppliers | 440/4 | €315 | €1,714 | +€1,399 | +444% |
| Taxes, remuneration and social security | 45 | €10,932 | €13,113 | +€2,181 | +20.0% |
| Taxes | 450/3 | €10,932 | €13,113 | +€2,181 | +20.0% |
| Other amounts payable | 47/48 | €118,601 | €142,724 | +€24,123 | +20.3% |
| Accrued charges and deferred income | 492/3 | €16,415 | €16,121 | -€294 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,781 | €28,594 | -€187 | -0.7% |
| Other operating charges | 640/8 | €2,013 | €2,183 | +€170 | +8.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €94,247 | €114,570 | +€20,324 | +21.6% |
| Operating profit (loss) | 9901 | €63,452 | €83,793 | +€20,341 | +32.1% |
| Financial income | 75/76B | €2,450 | €2,866 | +€415 | +17.0% |
| Recurring financial income | 75 | €2,450 | €2,866 | +€415 | +17.0% |
| Financial charges | 65/66B | €11,767 | €11,682 | -€85 | -0.7% |
| Recurring financial charges | 65 | €11,767 | €11,682 | -€85 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €54,135 | €74,976 | +€20,841 | +38.5% |
| Income taxes | 67/77 | €16,779 | €23,848 | +€7,069 | +42.1% |
| Profit (loss) for the period | 9904 | €37,356 | €51,128 | +€13,772 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,356 | €51,128 | +€13,772 | +36.9% |
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 17 October 2026 via checked.be.