PECHE LOCATIONS: 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.
PECHE LOCATIONS
Largest movements
- Tangible fixed assets -€83,119
down €83,119 (-38.5%), from €215,999 to €132,880
of which Leasing and similar rights: -€50,432
- Cash -€33,498
down €33,498 (-39.9%), from €83,902 to €50,404
mainly Short-term financial debts (-€75,000) and Net result for the year (-€70,656)
- Receivables within one year -€19,898
down €19,898 (-15.3%), from €129,653 to €109,755
of which Trade receivables: -€19,896
- Other debts +€126,737
up €126,737 (+103.2%), from €122,865 to €249,603
- Short-term financial debts -€75,000
down €75,000 (-100.0%), from €75,000 to €0
- Profit (loss) carried forward -€70,656
down €70,656, from €63,898 to -€6,758
- Debts after one year -€61,500
down €61,500 (-64.9%), from €94,806 to €33,306
- Trade debts -€29,682
down €29,682 (-64.4%), from €46,080 to €16,398
- Gross operating margin -€53,644
down €53,644 (-66.1%), from €81,153 to €27,509
- Depreciation -€41,674
down €41,674 (-33.4%), from €124,793 to €83,119
- Financial charges -€4,014
down €4,014 (-22.5%), from €17,809 to €13,795
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 | €506,437 | €368,852 | -€137,585 | -27.2% |
| Fixed assets | 21/28 | €216,054 | €132,935 | -€83,119 | -38.5% |
| Tangible fixed assets | 22/27 | €215,999 | €132,880 | -€83,119 | -38.5% |
| Plant, machinery and equipment | 23 | €84,070 | €51,382 | -€32,687 | -38.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €131,929 | €81,497 | -€50,432 | -38.2% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €290,383 | €235,917 | -€54,466 | -18.8% |
| Stocks and contracts in progress | 3 | €69,926 | €69,926 | = | 0.0% |
| Stocks | 30/36 | €69,926 | €69,926 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €129,653 | €109,755 | -€19,898 | -15.3% |
| Trade receivables | 40 | €109,651 | €89,755 | -€19,896 | -18.1% |
| Other amounts receivable | 41 | €20,002 | €20,000 | -€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €83,902 | €50,404 | -€33,498 | -39.9% |
| Deferred charges and accrued income | 490/1 | €6,903 | €5,833 | -€1,070 | -15.5% |
| Total equity and liabilities | 10/49 | €506,437 | €368,852 | -€137,585 | -27.2% |
| Equity | 10/15 | €78,898 | €8,242 | -€70,656 | -89.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,898 | -€6,758 | -€70,656 | |
| Amounts payable | 17/49 | €427,539 | €360,610 | -€66,929 | -15.7% |
| Amounts payable after more than one year | 17 | €94,806 | €33,306 | -€61,500 | -64.9% |
| Financial debts | 170/4 | €94,806 | €33,306 | -€61,500 | -64.9% |
| Amounts payable within one year | 42/48 | €332,733 | €327,304 | -€5,429 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €85,991 | €59,186 | -€26,805 | -31.2% |
| Financial debts | 43 | €75,000 | €0 | -€75,000 | -100.0% |
| Credit institutions | 430/8 | €75,000 | €0 | -€75,000 | -100.0% |
| Trade debts | 44 | €46,080 | €16,398 | -€29,682 | -64.4% |
| Suppliers | 440/4 | €46,080 | €16,398 | -€29,682 | -64.4% |
| Taxes, remuneration and social security | 45 | €2,797 | €2,118 | -€679 | -24.3% |
| Taxes | 450/3 | €2,797 | €2,118 | -€679 | -24.3% |
| Other amounts payable | 47/48 | €122,865 | €249,603 | +€126,737 | +103.2% |
| Remuneration, social security and pensions | 62 | - | -€52 | -€52 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,793 | €83,119 | -€41,674 | -33.4% |
| Other operating charges | 640/8 | €1,309 | €1,510 | +€201 | +15.3% |
| Gross operating margin | 9900 | €81,153 | €27,509 | -€53,644 | -66.1% |
| Operating profit (loss) | 9901 | -€44,950 | -€57,068 | -€12,118 | -27.0% |
| Financial income | 75/76B | €356 | €207 | -€150 | -42.0% |
| Recurring financial income | 75 | €356 | €207 | -€150 | -42.0% |
| Financial charges | 65/66B | €17,809 | €13,795 | -€4,014 | -22.5% |
| Recurring financial charges | 65 | €17,809 | €13,795 | -€4,014 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€62,402 | -€70,656 | -€8,254 | -13.2% |
| Profit (loss) for the period | 9904 | -€62,402 | -€70,656 | -€8,254 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,402 | -€70,656 | -€8,254 | -13.2% |
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 10 October 2026 via checked.be.