PECAR: 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.
PECAR
Largest movements
- Tangible fixed assets -€992
down €992 (-2.1%), from €48,091 to €47,100
- Other debts -€513
down €513 (-1.0%), from €51,285 to €50,772
- Gross operating margin -€1,062
down €1,062 (-45.7%), from €2,326 to €1,264
- Other operating charges +€249
up €249 (+49.5%), from €502 to €751
- Depreciation -€198
down €198 (-16.7%), from €1,190 to €992
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,091 | €47,100 | -€992 | -2.1% |
| Fixed assets | 21/28 | €48,091 | €47,100 | -€992 | -2.1% |
| Tangible fixed assets | 22/27 | €48,091 | €47,100 | -€992 | -2.1% |
| Land and buildings | 22 | €48,091 | €47,100 | -€992 | -2.1% |
| Total equity and liabilities | 10/49 | €48,091 | €47,100 | -€992 | -2.1% |
| Equity | 10/15 | -€3,194 | -€3,673 | -€479 | -15.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,009 | €6,009 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,009 | €6,009 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,009 | €6,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,203 | -€71,681 | -€479 | -0.7% |
| Amounts payable | 17/49 | €51,285 | €50,772 | -€513 | -1.0% |
| Amounts payable within one year | 42/48 | €51,285 | €50,772 | -€513 | -1.0% |
| Other amounts payable | 47/48 | €51,285 | €50,772 | -€513 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,190 | €992 | -€198 | -16.7% |
| Other operating charges | 640/8 | €502 | €751 | +€249 | +49.5% |
| Gross operating margin | 9900 | €2,326 | €1,264 | -€1,062 | -45.7% |
| Operating profit (loss) | 9901 | €634 | -€479 | -€1,113 | |
| Profit (loss) for the period before taxes | 9903 | €634 | -€479 | -€1,113 | |
| Profit (loss) for the period | 9904 | €634 | -€479 | -€1,113 | |
| Profit (loss) for the period to be appropriated | 9905 | €634 | -€479 | -€1,113 |
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 5 October 2026 via checked.be.