PECARI: 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.
PECARI
Largest movements
- Receivables within one year -€15,284
down €15,284 (-12.1%), from €126,579 to €111,296
of which Trade receivables: -€14,901
- Tax, wage and social debts -€18,783
down €18,783 (-73.3%), from €25,624 to €6,841
- Other debts +€10,000
new in 2025: €10,000
- Trade debts -€6,059
down €6,059 (-29.7%), from €20,421 to €14,362
- Gross operating margin -€41,135
down €41,135 (-78.2%), from €52,613 to €11,478
- Other operating charges -€14,017
down €14,017 (-95.3%), from €14,705 to €688
- Write-downs -€11,750
no longer reported in 2025 (was €11,750)
- Depreciation -€5,018
no longer reported in 2025 (was €5,018)
- Taxes -€4,513
down €4,513 (-45.8%), from €9,843 to €5,330
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 | €135,947 | €120,783 | -€15,164 | -11.2% |
| Fixed assets | 21/28 | €9,300 | €9,300 | = | 0.0% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €126,647 | €111,483 | -€15,164 | -12.0% |
| Amounts receivable within one year | 40/41 | €126,579 | €111,296 | -€15,284 | -12.1% |
| Trade receivables | 40 | €17,001 | €2,100 | -€14,901 | -87.6% |
| Other amounts receivable | 41 | €109,578 | €109,196 | -€383 | -0.3% |
| Cash at bank and in hand | 54/58 | €68 | €188 | +€120 | +176.3% |
| Total equity and liabilities | 10/49 | €135,947 | €120,783 | -€15,164 | -11.2% |
| Equity | 10/15 | €89,903 | €89,581 | -€322 | -0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,156 | €79,834 | -€322 | -0.4% |
| Distributable reserves | 133 | €80,156 | €79,834 | -€322 | -0.4% |
| Profit (loss) carried forward | 14 | €3,547 | €3,547 | = | 0.0% |
| Amounts payable | 17/49 | €46,044 | €31,203 | -€14,842 | -32.2% |
| Amounts payable within one year | 42/48 | €46,044 | €31,203 | -€14,842 | -32.2% |
| Trade debts | 44 | €20,421 | €14,362 | -€6,059 | -29.7% |
| Suppliers | 440/4 | €20,421 | €14,362 | -€6,059 | -29.7% |
| Taxes, remuneration and social security | 45 | €25,624 | €6,841 | -€18,783 | -73.3% |
| Taxes | 450/3 | €25,624 | €6,841 | -€18,783 | -73.3% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,018 | - | -€5,018 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,750 | - | -€11,750 | |
| Other operating charges | 640/8 | €14,705 | €688 | -€14,017 | -95.3% |
| Gross operating margin | 9900 | €52,613 | €11,478 | -€41,135 | -78.2% |
| Operating profit (loss) | 9901 | €21,139 | €10,790 | -€10,349 | -49.0% |
| Financial income | 75/76B | €4,729 | €4,908 | +€179 | +3.8% |
| Recurring financial income | 75 | €4,729 | €4,908 | +€179 | +3.8% |
| Financial charges | 65/66B | €1,869 | €690 | -€1,179 | -63.1% |
| Recurring financial charges | 65 | €1,869 | €690 | -€1,179 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €23,999 | €15,008 | -€8,991 | -37.5% |
| Income taxes | 67/77 | €9,843 | €5,330 | -€4,513 | -45.8% |
| Profit (loss) for the period | 9904 | €14,156 | €9,678 | -€4,478 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,156 | €9,678 | -€4,478 | -31.6% |
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.