PED TECH BELGIUM: 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.
PED TECH BELGIUM
Largest movements
- Tangible fixed assets +€40,026
up €40,026 (+117%), from €34,243 to €74,269
- Receivables within one year +€20,914
up €20,914 (+305%), from €6,854 to €27,768
of which Trade receivables: +€20,384
- Cash +€3,220
up €3,220 (+327%), from €985 to €4,206
mainly Net result for the year (+€24,156) and Other debts (+€19,535)
- Deferred charges and accrued income +€1,168
new in 2025: €1,168
- Other debts +€19,535
new in 2025: €19,535
- Reserves +€19,456
new in 2025: €19,456
- Current portion of long-term debt +€8,433
up €8,433 (+131%), from €6,443 to €14,876
- Tax, wage and social debts +€7,813
up €7,813 (+150%), from €5,213 to €13,026
of which Taxes: +€7,838
- Debts after one year +€6,821
up €6,821 (+24.3%), from €28,100 to €34,921
- Gross operating margin +€36,801
up €36,801 (+469%), from €7,850 to €44,651
- Depreciation +€10,280
up €10,280 (+1,248%), from €824 to €11,104
- Taxes +€6,640
up €6,640 (+1,491%), from €445 to €7,085
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.
Derived cash bridge
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 | €42,082 | €107,411 | +€65,329 | +155% |
| Fixed assets | 21/28 | €34,243 | €74,269 | +€40,026 | +117% |
| Tangible fixed assets | 22/27 | €34,243 | €74,269 | +€40,026 | +117% |
| Furniture and vehicles | 24 | €34,243 | €74,269 | +€40,026 | +117% |
| Current assets | 29/58 | €7,839 | €33,142 | +€25,303 | +323% |
| Amounts receivable within one year | 40/41 | €6,854 | €27,768 | +€20,914 | +305% |
| Trade receivables | 40 | €6,686 | €27,070 | +€20,384 | +305% |
| Other amounts receivable | 41 | €167 | €697 | +€530 | +317% |
| Cash at bank and in hand | 54/58 | €985 | €4,206 | +€3,220 | +327% |
| Deferred charges and accrued income | 490/1 | - | €1,168 | +€1,168 | |
| Total equity and liabilities | 10/49 | €42,082 | €107,411 | +€65,329 | +155% |
| Equity | 10/15 | -€1,700 | €22,456 | +€24,156 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €19,456 | +€19,456 | |
| Distributable reserves | 133 | - | €19,456 | +€19,456 | |
| Profit (loss) carried forward | 14 | -€4,700 | - | +€4,700 | |
| Amounts payable | 17/49 | €43,782 | €84,955 | +€41,173 | +94.0% |
| Amounts payable after more than one year | 17 | €28,100 | €34,921 | +€6,821 | +24.3% |
| Financial debts | 170/4 | €28,100 | €34,921 | +€6,821 | +24.3% |
| Amounts payable within one year | 42/48 | €15,682 | €50,034 | +€34,352 | +219% |
| Current portion of amounts payable after more than one year | 42 | €6,443 | €14,876 | +€8,433 | +131% |
| Trade debts | 44 | €4,027 | €2,598 | -€1,429 | -35.5% |
| Suppliers | 440/4 | €4,027 | €2,598 | -€1,429 | -35.5% |
| Taxes, remuneration and social security | 45 | €5,213 | €13,026 | +€7,813 | +150% |
| Taxes | 450/3 | €5,159 | €12,997 | +€7,838 | +152% |
| Remuneration and social security | 454/9 | €54 | €29 | -€25 | -46.6% |
| Other amounts payable | 47/48 | - | €19,535 | +€19,535 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €824 | €11,104 | +€10,280 | +1,248% |
| Other operating charges | 640/8 | €366 | €304 | -€62 | -16.9% |
| Non-recurring operating charges | 66A | €7,173 | - | -€7,173 | |
| Gross operating margin | 9900 | €7,850 | €44,651 | +€36,801 | +469% |
| Operating profit (loss) | 9901 | -€513 | €33,243 | +€33,756 | |
| Financial charges | 65/66B | €1,954 | €2,002 | +€48 | +2.5% |
| Recurring financial charges | 65 | €1,954 | €2,002 | +€48 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,467 | €31,241 | +€33,708 | |
| Income taxes | 67/77 | €445 | €7,085 | +€6,640 | +1,491% |
| Profit (loss) for the period | 9904 | -€2,912 | €24,156 | +€27,068 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,912 | €24,156 | +€27,068 |
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 23 October 2026 via checked.be.