PEBS IMMO: 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.
PEBS IMMO
Largest movements
- Tangible fixed assets -€40,280
down €40,280 (-3.0%), from €1.3m to €1.3m
- Cash -€17,536
down €17,536 (-31.9%), from €54,912 to €37,376
mainly Debts after one year (-€53,006) and Net result for the year (-€12,936)
- Debts after one year -€53,006
down €53,006 (-5.5%), from €960,136 to €907,130
- Gross operating margin +€24,532
up €24,532 (+69.0%), from €35,547 to €60,079
- Other operating charges -€6,280
down €6,280 (-23.6%), from €26,579 to €20,299
- Financial charges -€678
down €678 (-5.0%), from €13,621 to €12,943
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 | €1,405,485 | €1,336,930 | -€68,555 | -4.9% |
| Fixed assets | 21/28 | €1,332,150 | €1,292,870 | -€39,280 | -2.9% |
| Tangible fixed assets | 22/27 | €1,332,150 | €1,291,870 | -€40,280 | -3.0% |
| Land and buildings | 22 | €1,332,150 | €1,291,870 | -€40,280 | -3.0% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €73,335 | €44,060 | -€29,276 | -39.9% |
| Amounts receivable within one year | 40/41 | €10,659 | €5,866 | -€4,792 | -45.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €10,659 | €5,866 | -€4,792 | -45.0% |
| Cash at bank and in hand | 54/58 | €54,912 | €37,376 | -€17,536 | -31.9% |
| Deferred charges and accrued income | 490/1 | €7,765 | €817 | -€6,948 | -89.5% |
| Total equity and liabilities | 10/49 | €1,405,485 | €1,336,930 | -€68,555 | -4.9% |
| Equity | 10/15 | €340,404 | €327,469 | -€12,936 | -3.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€159,596 | -€172,531 | -€12,936 | -8.1% |
| Amounts payable | 17/49 | €1,065,081 | €1,009,461 | -€55,620 | -5.2% |
| Amounts payable after more than one year | 17 | €960,136 | €907,130 | -€53,006 | -5.5% |
| Financial debts | 170/4 | €960,136 | €907,130 | -€53,006 | -5.5% |
| Amounts payable within one year | 42/48 | €104,945 | €102,331 | -€2,614 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €52,324 | €53,006 | +€682 | +1.3% |
| Trade debts | 44 | €22,088 | €14,356 | -€7,733 | -35.0% |
| Suppliers | 440/4 | €22,088 | €14,356 | -€7,733 | -35.0% |
| Other amounts payable | 47/48 | €30,533 | €34,970 | +€4,437 | +14.5% |
| Non-recurring operating income | 76A | €270 | €0 | -€270 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,440 | €40,010 | +€570 | +1.4% |
| Other operating charges | 640/8 | €26,579 | €20,299 | -€6,280 | -23.6% |
| Non-recurring operating charges | 66A | - | €270 | +€270 | |
| Gross operating margin | 9900 | €35,547 | €60,079 | +€24,532 | +69.0% |
| Operating profit (loss) | 9901 | -€30,471 | -€500 | +€29,971 | +98.4% |
| Financial income | 75/76B | €526 | €508 | -€19 | -3.6% |
| Recurring financial income | 75 | €526 | €508 | -€19 | -3.6% |
| Financial charges | 65/66B | €13,621 | €12,943 | -€678 | -5.0% |
| Recurring financial charges | 65 | €13,621 | €12,943 | -€678 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€43,566 | -€12,936 | +€30,631 | +70.3% |
| Profit (loss) for the period | 9904 | -€43,566 | -€12,936 | +€30,631 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,566 | -€12,936 | +€30,631 | +70.3% |
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 3 October 2026 via checked.be.