PECTONITE: 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.
PECTONITE
Largest movements
- Cash +€21,240
up €21,240 (+47.8%), from €44,477 to €65,717
mainly Net result for the year (+€31,694) and Tax, wage and social debts (+€2,760)
- Receivables within one year +€11,900
up €11,900 (+1024.1%), from €1,162 to €13,062
- Tangible fixed assets +€1,112
up €1,112 (+83.1%), from €1,338 to €2,450
- Profit (loss) carried forward +€31,694
up €31,694 (+102.7%), from €30,850 to €62,544
- Tax, wage and social debts +€2,760
up €2,760 (+21.6%), from €12,784 to €15,544
- Gross operating margin -€2,810
down €2,810 (-6.1%), from €46,217 to €43,407
- Depreciation -€2,708
down €2,708 (-78.2%), from €3,465 to €757
- Other operating charges -€1,395
down €1,395 (-94.9%), from €1,470 to €75
- Taxes +€785
up €785 (+9.4%), from €8,380 to €9,165
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 | €46,977 | €81,229 | +€34,252 | +72.9% |
| Fixed assets | 21/28 | €1,338 | €2,450 | +€1,112 | +83.1% |
| Tangible fixed assets | 22/27 | €1,338 | €2,450 | +€1,112 | +83.1% |
| Furniture and vehicles | 24 | €1,338 | €2,450 | +€1,112 | +83.1% |
| Current assets | 29/58 | €45,639 | €78,779 | +€33,140 | +72.6% |
| Amounts receivable within one year | 40/41 | €1,162 | €13,062 | +€11,900 | +1024.1% |
| Trade receivables | 40 | €1,162 | €13,062 | +€11,900 | +1024.1% |
| Cash at bank and in hand | 54/58 | €44,477 | €65,717 | +€21,240 | +47.8% |
| Total equity and liabilities | 10/49 | €46,977 | €81,229 | +€34,252 | +72.9% |
| Equity | 10/15 | €31,850 | €63,544 | +€31,694 | +99.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,850 | €62,544 | +€31,694 | +102.7% |
| Amounts payable | 17/49 | €15,128 | €17,685 | +€2,557 | +16.9% |
| Amounts payable within one year | 42/48 | €15,128 | €17,685 | +€2,557 | +16.9% |
| Trade debts | 44 | €2,344 | €1,918 | -€426 | -18.2% |
| Suppliers | 440/4 | €2,344 | €1,918 | -€426 | -18.2% |
| Taxes, remuneration and social security | 45 | €12,784 | €15,544 | +€2,760 | +21.6% |
| Taxes | 450/3 | €12,784 | €15,544 | +€2,760 | +21.6% |
| Other amounts payable | 47/48 | - | €223 | +€223 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,465 | €757 | -€2,708 | -78.2% |
| Other operating charges | 640/8 | €1,470 | €75 | -€1,395 | -94.9% |
| Gross operating margin | 9900 | €46,217 | €43,407 | -€2,810 | -6.1% |
| Operating profit (loss) | 9901 | €41,282 | €42,575 | +€1,293 | +3.1% |
| Financial charges | 65/66B | €2,052 | €1,716 | -€336 | -16.4% |
| Recurring financial charges | 65 | €2,052 | €1,716 | -€336 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €39,230 | €40,859 | +€1,629 | +4.2% |
| Income taxes | 67/77 | €8,380 | €9,165 | +€785 | +9.4% |
| Profit (loss) for the period | 9904 | €30,850 | €31,694 | +€844 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,850 | €31,694 | +€844 | +2.7% |
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 5 October 2026 via checked.be.