PECCEU TINE MD: 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.
PECCEU TINE MD
Largest movements
- Cash +€28,350
up €28,350 (+22.2%), from €127,490 to €155,840
mainly Net result for the year (+€317,281) and Receivables within one year (+€8,838)
- Receivables within one year -€8,838
down €8,838 (-4.1%), from €215,997 to €207,159
- Tangible fixed assets -€7,273
down €7,273 (-35.3%), from €20,617 to €13,344
of which Furniture and vehicles: -€6,931
- Reserves +€315,281
up €315,281 (+818%), from €38,561 to €353,842
- Other debts -€254,549
down €254,549 (-96.9%), from €262,814 to €8,266
- Tax, wage and social debts -€47,987
down €47,987 (-79.4%), from €60,464 to €12,477
of which Taxes: -€49,687
- Staff costs +€8,256
up €8,256 (+153%), from €5,395 to €13,651
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 | €368,076 | €381,269 | +€13,193 | +3.6% |
| Fixed assets | 21/28 | €20,617 | €13,344 | -€7,273 | -35.3% |
| Tangible fixed assets | 22/27 | €20,617 | €13,344 | -€7,273 | -35.3% |
| Plant, machinery and equipment | 23 | €1,601 | €1,259 | -€343 | -21.4% |
| Furniture and vehicles | 24 | €19,016 | €12,085 | -€6,931 | -36.4% |
| Current assets | 29/58 | €347,459 | €367,926 | +€20,466 | +5.9% |
| Amounts receivable within one year | 40/41 | €215,997 | €207,159 | -€8,838 | -4.1% |
| Trade receivables | 40 | €215,997 | €207,159 | -€8,838 | -4.1% |
| Cash at bank and in hand | 54/58 | €127,490 | €155,840 | +€28,350 | +22.2% |
| Deferred charges and accrued income | 490/1 | €3,972 | €4,927 | +€955 | +24.0% |
| Total equity and liabilities | 10/49 | €368,076 | €381,269 | +€13,193 | +3.6% |
| Equity | 10/15 | €39,561 | €354,842 | +€315,281 | +797% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €38,561 | €353,842 | +€315,281 | +818% |
| Distributable reserves | 133 | €38,561 | €353,842 | +€315,281 | +818% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €328,515 | €26,427 | -€302,088 | -92.0% |
| Amounts payable within one year | 42/48 | €328,515 | €24,358 | -€304,157 | -92.6% |
| Trade debts | 44 | €5,236 | €3,615 | -€1,621 | -31.0% |
| Suppliers | 440/4 | €5,236 | €3,615 | -€1,621 | -31.0% |
| Taxes, remuneration and social security | 45 | €60,464 | €12,477 | -€47,987 | -79.4% |
| Taxes | 450/3 | €60,456 | €10,769 | -€49,687 | -82.2% |
| Remuneration and social security | 454/9 | €8 | €1,708 | +€1,700 | +21,247% |
| Other amounts payable | 47/48 | €262,814 | €8,266 | -€254,549 | -96.9% |
| Accrued charges and deferred income | 492/3 | - | €2,069 | +€2,069 | |
| Remuneration, social security and pensions | 62 | €5,395 | €13,651 | +€8,256 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,949 | €8,492 | +€543 | +6.8% |
| Other operating charges | 640/8 | €2,350 | €2,467 | +€117 | +5.0% |
| Non-recurring operating charges | 66A | €60 | €0 | -€60 | -100% |
| Gross operating margin | 9900 | €445,064 | €444,986 | -€78 | 0.0% |
| Operating profit (loss) | 9901 | €429,309 | €420,375 | -€8,934 | -2.1% |
| Financial income | 75/76B | €17 | €0 | -€17 | -99.9% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -99.9% |
| Financial charges | 65/66B | €345 | €444 | +€98 | +28.5% |
| Recurring financial charges | 65 | €345 | €444 | +€98 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €428,981 | €419,932 | -€9,050 | -2.1% |
| Income taxes | 67/77 | €104,375 | €102,651 | -€1,724 | -1.7% |
| Profit (loss) for the period | 9904 | €324,606 | €317,281 | -€7,326 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €324,606 | €317,281 | -€7,326 | -2.3% |
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 24 October 2026 via checked.be.