PECHE 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.
PECHE IMMO
Largest movements
- Tangible fixed assets -€76,123
down €76,123 (-3.8%), from €2.0m to €2.0m
of which Land and buildings: -€75,451
- Receivables within one year -€65,250
down €65,250 (-26.2%), from €249,061 to €183,811
of which Other amounts receivable: -€75,407
- Cash -€63,233
down €63,233 (-64.4%), from €98,154 to €34,921
mainly Debts after one year (-€122,352) and Other debts (-€116,544)
- Debts after one year -€122,352
down €122,352 (-7.9%), from €1.6m to €1.4m
of which Financial debts: -€126,552
- Other debts -€116,544
down €116,544 (-22.3%), from €522,183 to €405,639
- Profit (loss) carried forward +€35,235
up €35,235 (+23.6%), from €149,156 to €184,391
- Depreciation +€24,149
up €24,149 (+32.8%), from €73,594 to €97,743
- Financial charges +€20,733
up €20,733 (+98.6%), from €21,019 to €41,752
- Taxes -€11,406
down €11,406 (-50.0%), from €22,832 to €11,426
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 | €2,382,529 | €2,179,079 | -€203,450 | -8.5% |
| Fixed assets | 21/28 | €2,029,907 | €1,953,785 | -€76,123 | -3.8% |
| Tangible fixed assets | 22/27 | €2,028,427 | €1,952,305 | -€76,123 | -3.8% |
| Land and buildings | 22 | €2,026,519 | €1,951,068 | -€75,451 | -3.7% |
| Plant, machinery and equipment | 23 | €1,909 | €1,237 | -€672 | -35.2% |
| Financial fixed assets | 28 | €1,480 | €1,480 | = | 0.0% |
| Current assets | 29/58 | €352,621 | €225,294 | -€127,327 | -36.1% |
| Amounts receivable within one year | 40/41 | €249,061 | €183,811 | -€65,250 | -26.2% |
| Trade receivables | 40 | €4,578 | €14,735 | +€10,158 | +221.9% |
| Other amounts receivable | 41 | €244,483 | €169,076 | -€75,407 | -30.8% |
| Cash at bank and in hand | 54/58 | €98,154 | €34,921 | -€63,233 | -64.4% |
| Deferred charges and accrued income | 490/1 | €5,406 | €6,562 | +€1,156 | +21.4% |
| Total equity and liabilities | 10/49 | €2,382,529 | €2,179,079 | -€203,450 | -8.5% |
| Equity | 10/15 | €174,156 | €209,391 | +€35,235 | +20.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,156 | €184,391 | +€35,235 | +23.6% |
| Amounts payable | 17/49 | €2,208,373 | €1,969,688 | -€238,685 | -10.8% |
| Amounts payable after more than one year | 17 | €1,557,953 | €1,435,601 | -€122,352 | -7.9% |
| Financial debts | 170/4 | €1,546,753 | €1,420,201 | -€126,552 | -8.2% |
| Other amounts payable | 178/9 | €11,200 | €15,400 | +€4,200 | +37.5% |
| Amounts payable within one year | 42/48 | €650,419 | €534,087 | -€116,333 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €124,395 | €126,552 | +€2,157 | +1.7% |
| Trade debts | 44 | €3,841 | €0 | -€3,841 | -100.0% |
| Suppliers | 440/4 | €3,841 | €0 | -€3,841 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €1,896 | +€1,896 | |
| Taxes | 450/3 | - | €1,896 | +€1,896 | |
| Other amounts payable | 47/48 | €522,183 | €405,639 | -€116,544 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,594 | €97,743 | +€24,149 | +32.8% |
| Other operating charges | 640/8 | €21,468 | €21,800 | +€332 | +1.5% |
| Gross operating margin | 9900 | €205,904 | €205,426 | -€478 | -0.2% |
| Operating profit (loss) | 9901 | €110,842 | €85,882 | -€24,960 | -22.5% |
| Financial income | 75/76B | €1,504 | €2,530 | +€1,026 | +68.2% |
| Recurring financial income | 75 | €1,504 | €2,530 | +€1,026 | +68.2% |
| Financial charges | 65/66B | €21,019 | €41,752 | +€20,733 | +98.6% |
| Recurring financial charges | 65 | €21,019 | €41,752 | +€20,733 | +98.6% |
| Profit (loss) for the period before taxes | 9903 | €91,327 | €46,660 | -€44,667 | -48.9% |
| Income taxes | 67/77 | €22,832 | €11,426 | -€11,406 | -50.0% |
| Profit (loss) for the period | 9904 | €68,495 | €35,235 | -€33,260 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,495 | €35,235 | -€33,260 | -48.6% |
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 8 October 2026 via checked.be.