PECKO: 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.
PECKO
Largest movements
- Receivables within one year +€94,876
up €94,876 (+23.7%), from €399,581 to €494,457
of which Trade receivables: +€67,221
- Stocks and contracts +€40,225
up €40,225 (+72.7%), from €55,310 to €95,535
- Tangible fixed assets +€15,519
up €15,519 (+10.3%), from €150,103 to €165,622
of which Plant, machinery and equipment: +€23,756
- Deferred charges and accrued income -€12,540
no longer reported in 2024 (was €12,540)
- Trade debts +€186,413
up €186,413 (+38.3%), from €487,216 to €673,628
- Tax, wage and social debts -€33,170
down €33,170 (-27.6%), from €120,205 to €87,035
of which Remuneration and social security: -€88,097
- Debts after one year -€30,536
down €30,536 (-28.2%), from €108,172 to €77,635
- Profit (loss) carried forward +€27,742
up €27,742 (+10.9%), from €255,576 to €283,318
- Gross operating margin +€660,264
up €660,264 (+71.7%), from €920,866 to €1.6m
- Staff costs +€652,183
up €652,183 (+81.8%), from €797,315 to €1.4m
- Turnover +€512,409
up €512,409 (+14.7%), from €3.5m to €4.0m
- Purchases and services -€147,855
down €147,855 (-5.8%), from €2.6m to €2.4m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,031,832 | €1,182,280 | +€150,448 | +14.6% |
| Fixed assets | 21/28 | €193,028 | €213,247 | +€20,219 | +10.5% |
| Tangible fixed assets | 22/27 | €150,103 | €165,622 | +€15,519 | +10.3% |
| Plant, machinery and equipment | 23 | €113,304 | €137,059 | +€23,756 | +21.0% |
| Furniture and vehicles | 24 | €8,200 | €5,683 | -€2,517 | -30.7% |
| Other tangible fixed assets | 26 | €28,600 | €22,880 | -€5,720 | -20.0% |
| Financial fixed assets | 28 | €42,925 | €47,625 | +€4,700 | +10.9% |
| Current assets | 29/58 | €838,804 | €969,033 | +€130,230 | +15.5% |
| Stocks and contracts in progress | 3 | €55,310 | €95,535 | +€40,225 | +72.7% |
| Stocks | 30/36 | €55,310 | €95,535 | +€40,225 | +72.7% |
| Amounts receivable within one year | 40/41 | €399,581 | €494,457 | +€94,876 | +23.7% |
| Trade receivables | 40 | €2,500 | €69,721 | +€67,221 | +2688.8% |
| Other amounts receivable | 41 | €397,081 | €424,736 | +€27,655 | +7.0% |
| Cash at bank and in hand | 54/58 | €371,372 | €379,041 | +€7,669 | +2.1% |
| Deferred charges and accrued income | 490/1 | €12,540 | - | -€12,540 | |
| Total equity and liabilities | 10/49 | €1,031,832 | €1,182,280 | +€150,448 | +14.6% |
| Equity | 10/15 | €290,036 | €317,778 | +€27,742 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,860 | €15,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,576 | €283,318 | +€27,742 | +10.9% |
| Amounts payable | 17/49 | €741,796 | €864,502 | +€122,706 | +16.5% |
| Amounts payable after more than one year | 17 | €108,172 | €77,635 | -€30,536 | -28.2% |
| Financial debts | 170/4 | €108,172 | €77,635 | -€30,536 | -28.2% |
| Amounts payable within one year | 42/48 | €633,624 | €786,867 | +€153,243 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €26,203 | €26,203 | = | 0.0% |
| Trade debts | 44 | €487,216 | €673,628 | +€186,413 | +38.3% |
| Suppliers | 440/4 | €487,216 | €673,628 | +€186,413 | +38.3% |
| Taxes, remuneration and social security | 45 | €120,205 | €87,035 | -€33,170 | -27.6% |
| Taxes | 450/3 | €8,515 | €63,442 | +€54,927 | +645.0% |
| Remuneration and social security | 454/9 | €111,690 | €23,593 | -€88,097 | -78.9% |
| Turnover | 70 | €3,474,750 | €3,987,159 | +€512,409 | +14.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,553,884 | €2,406,029 | -€147,855 | -5.8% |
| Remuneration, social security and pensions | 62 | €797,315 | €1,449,498 | +€652,183 | +81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,599 | €47,399 | +€9,800 | +26.1% |
| Other operating charges | 640/8 | €16,142 | €25,176 | +€9,034 | +56.0% |
| Gross operating margin | 9900 | €920,866 | €1,581,130 | +€660,264 | +71.7% |
| Operating profit (loss) | 9901 | €69,809 | €59,057 | -€10,752 | -15.4% |
| Financial income | 75/76B | €181 | €36 | -€145 | -80.2% |
| Recurring financial income | 75 | €181 | €36 | -€145 | -80.2% |
| Financial charges | 65/66B | €15,205 | €15,878 | +€673 | +4.4% |
| Recurring financial charges | 65 | €15,205 | €15,878 | +€673 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €54,785 | €43,214 | -€11,570 | -21.1% |
| Income taxes | 67/77 | €20,231 | €15,472 | -€4,759 | -23.5% |
| Profit (loss) for the period | 9904 | €34,554 | €27,742 | -€6,811 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,554 | €27,742 | -€6,811 | -19.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.