PeCOARCHEO: 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.
PeCOARCHEO
Largest movements
- Cash -€5,228
no longer reported in 2024 (was €5,228)
mainly Debts after one year (-€35,296) and Investment in fixed assets (net) (-€2,806)
- Receivables within one year -€4,901
down €4,901 (-36.1%), from €13,565 to €8,664
of which Trade receivables: -€8,112
- Tangible fixed assets +€710
up €710 (+6.4%), from €11,063 to €11,773
of which Plant, machinery and equipment: +€1,478
- Debts after one year -€35,296
down €35,296 (-62.7%), from €56,250 to €20,954
- Trade debts +€10,582
up €10,582 (+2258.9%), from €468 to €11,050
- Current portion of long-term debt +€9,515
new in 2024: €9,515
- Tax, wage and social debts +€6,500
up €6,500 (+60.5%), from €10,742 to €17,242
of which Taxes: +€5,000
- Short-term financial debts +€3,444
new in 2024: €3,444
- Gross operating margin +€17,711
up €17,711, from -€14,051 to €3,660
- Financial charges +€2,321
up €2,321 (+516.6%), from €449 to €2,770
- Depreciation -€1,149
down €1,149 (-35.4%), from €3,245 to €2,096
- Taxes +€197
up €197 (+159.7%), from €123 to €320
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 | €31,747 | €22,328 | -€9,419 | -29.7% |
| Fixed assets | 21/28 | €12,954 | €13,664 | +€710 | +5.5% |
| Tangible fixed assets | 22/27 | €11,063 | €11,773 | +€710 | +6.4% |
| Plant, machinery and equipment | 23 | €3,130 | €4,609 | +€1,478 | +47.2% |
| Furniture and vehicles | 24 | €7,933 | €7,164 | -€769 | -9.7% |
| Financial fixed assets | 28 | €1,891 | €1,891 | = | 0.0% |
| Current assets | 29/58 | €18,793 | €8,664 | -€10,129 | -53.9% |
| Amounts receivable within one year | 40/41 | €13,565 | €8,664 | -€4,901 | -36.1% |
| Trade receivables | 40 | €13,552 | €5,440 | -€8,112 | -59.9% |
| Other amounts receivable | 41 | €13 | €3,224 | +€3,211 | +25165.0% |
| Cash at bank and in hand | 54/58 | €5,228 | - | -€5,228 | |
| Total equity and liabilities | 10/49 | €31,747 | €22,328 | -€9,419 | -29.7% |
| Equity | 10/15 | -€38,302 | -€39,878 | -€1,576 | -4.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,303 | -€39,879 | -€1,576 | -4.1% |
| Amounts payable | 17/49 | €70,049 | €62,205 | -€7,843 | -11.2% |
| Amounts payable after more than one year | 17 | €56,250 | €20,954 | -€35,296 | -62.7% |
| Financial debts | 170/4 | €56,250 | €20,954 | -€35,296 | -62.7% |
| Amounts payable within one year | 42/48 | €13,799 | €41,251 | +€27,452 | +199.0% |
| Current portion of amounts payable after more than one year | 42 | - | €9,515 | +€9,515 | |
| Financial debts | 43 | - | €3,444 | +€3,444 | |
| Credit institutions | 430/8 | - | €3,444 | +€3,444 | |
| Trade debts | 44 | €468 | €11,050 | +€10,582 | +2258.9% |
| Suppliers | 440/4 | €468 | €11,050 | +€10,582 | +2258.9% |
| Taxes, remuneration and social security | 45 | €10,742 | €17,242 | +€6,500 | +60.5% |
| Taxes | 450/3 | €10,742 | €15,742 | +€5,000 | +46.5% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €2,588 | - | -€2,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,245 | €2,096 | -€1,149 | -35.4% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | -€14,051 | €3,660 | +€17,711 | |
| Operating profit (loss) | 9901 | -€17,296 | €1,514 | +€18,809 | |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €449 | €2,770 | +€2,321 | +516.6% |
| Recurring financial charges | 65 | €449 | €2,770 | +€2,321 | +516.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,715 | -€1,256 | +€16,459 | +92.9% |
| Income taxes | 67/77 | €123 | €320 | +€197 | +159.7% |
| Profit (loss) for the period | 9904 | -€17,838 | -€1,576 | +€16,262 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,838 | -€1,576 | +€16,262 | +91.2% |
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 7 October 2026 via checked.be.