PEDCO: 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.
PEDCO
Largest movements
- Receivables within one year -€10,468
down €10,468 (-43.2%), from €24,229 to €13,760
of which Trade receivables: -€24,229
- Cash +€3,427
up €3,427 (+2003.3%), from €171 to €3,599
mainly Receivables within one year (+€10,468) and Other debts (+€1,840)
- Profit (loss) carried forward -€7,606
down €7,606 (-78.6%), from €9,676 to €2,070
- Trade debts -€2,432
down €2,432 (-31.3%), from €7,783 to €5,350
- Other debts +€1,840
up €1,840 (+95.2%), from €1,933 to €3,772
- Tax, wage and social debts +€1,157
up €1,157 (+28.9%), from €4,008 to €5,166
- Gross operating margin -€1,951
down €1,951 (-40.0%), from -€4,876 to -€6,827
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 | €24,400 | €17,359 | -€7,041 | -28.9% |
| Current assets | 29/58 | €24,400 | €17,359 | -€7,041 | -28.9% |
| Amounts receivable within one year | 40/41 | €24,229 | €13,760 | -€10,468 | -43.2% |
| Trade receivables | 40 | €24,229 | €0 | -€24,229 | -100.0% |
| Other amounts receivable | 41 | - | €13,760 | +€13,760 | |
| Cash at bank and in hand | 54/58 | €171 | €3,599 | +€3,427 | +2003.3% |
| Total equity and liabilities | 10/49 | €24,400 | €17,359 | -€7,041 | -28.9% |
| Equity | 10/15 | €10,676 | €3,070 | -€7,606 | -71.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,676 | €2,070 | -€7,606 | -78.6% |
| Amounts payable | 17/49 | €13,724 | €14,289 | +€565 | +4.1% |
| Amounts payable within one year | 42/48 | €13,724 | €14,289 | +€565 | +4.1% |
| Trade debts | 44 | €7,783 | €5,350 | -€2,432 | -31.3% |
| Suppliers | 440/4 | €7,783 | €5,350 | -€2,432 | -31.3% |
| Taxes, remuneration and social security | 45 | €4,008 | €5,166 | +€1,157 | +28.9% |
| Taxes | 450/3 | €4,008 | €5,166 | +€1,157 | +28.9% |
| Other amounts payable | 47/48 | €1,933 | €3,772 | +€1,840 | +95.2% |
| Other operating charges | 640/8 | €605 | €640 | +€34 | +5.7% |
| Gross operating margin | 9900 | -€4,876 | -€6,827 | -€1,951 | -40.0% |
| Operating profit (loss) | 9901 | -€5,481 | -€7,467 | -€1,985 | -36.2% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €135 | €171 | +€36 | +26.7% |
| Recurring financial charges | 65 | €135 | €171 | +€36 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,616 | -€7,606 | -€1,989 | -35.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,616 | -€7,606 | -€1,989 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,616 | -€7,606 | -€1,989 | -35.4% |
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.