Pedes Consult: what changed
What changed
Pedes Consult
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€122,384
2024 · €135,323-€12,939
Equity
€823,708
2024 · €1.0m-€177,616
Cash
€33,011
2024 · €26,076+€6,935
Balance sheet total
€1.2m
2024 · €1.2m+€9,258
Largest movements
Assets
- Receivables within one year +€12,340
up €12,340 (+8.2%), from €150,785 to €163,126
of which Other amounts receivable: +€13,625
Equity and liabilities
- Reserves -€177,616
down €177,616 (-27.3%), from €651,324 to €473,708
- Other debts +€175,123
up €175,123 (+188%), from €92,968 to €268,091
- Tax, wage and social debts +€22,971
up €22,971 (+85.5%), from €26,851 to €49,822
- Current portion of long-term debt -€18,533
no longer reported in 2025 (was €18,533)
Income statement
- Financial income -€14,232
down €14,232 (-20.5%), from €69,263 to €55,032
- Depreciation -€1,382
no longer reported in 2025 (was €1,382)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€135,323
Gross operating margin
-€869
Depreciation
+€1,382
Other operating charges
+€359
Financial income
-€14,232
Financial charges
+€805
Taxes
-€384
Result 2025
€122,384
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€310,414
Investment
+€10,054
Financing
-€313,533
Cash 2024
€26,076
From operations (derived)
+€310,414
Net result for the year
+€122,384
Receivables within one year
-€12,340
Smaller working-capital items
-€351
Trade debts
+€2,628
Tax, wage and social debts
+€22,971
Other debts
+€175,123
Investment (derived)
+€10,054
Investment in fixed assets (net)
-€261
Current investments
+€10,315
Financing
-€313,533
Debts after one year
+€5,000
Current portion of long-term debt
-€18,533
Contributions, distributions and other
-€300,000
Cash 2025
€33,011
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,186,905 | €1,196,163 | +€9,258 | +0.8% |
| Fixed assets | 21/28 | €998,667 | €998,927 | +€261 | 0.0% |
| Financial fixed assets | 28 | €998,667 | €998,927 | +€261 | 0.0% |
| Current assets | 29/58 | €188,239 | €197,235 | +€8,997 | +4.8% |
| Amounts receivable within one year | 40/41 | €150,785 | €163,126 | +€12,340 | +8.2% |
| Trade receivables | 40 | €6,877 | €5,592 | -€1,285 | -18.7% |
| Other amounts receivable | 41 | €143,908 | €157,534 | +€13,625 | +9.5% |
| Current investments | 50/53 | €10,315 | - | -€10,315 | |
| Cash at bank and in hand | 54/58 | €26,076 | €33,011 | +€6,935 | +26.6% |
| Deferred charges and accrued income | 490/1 | €1,063 | €1,099 | +€36 | +3.4% |
| Total equity and liabilities | 10/49 | €1,186,905 | €1,196,163 | +€9,258 | +0.8% |
| Equity | 10/15 | €1,001,324 | €823,708 | -€177,616 | -17.7% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €651,324 | €473,708 | -€177,616 | -27.3% |
| Distributable reserves | 133 | €651,324 | €473,708 | -€177,616 | -27.3% |
| Amounts payable | 17/49 | €185,582 | €372,455 | +€186,874 | +101% |
| Amounts payable after more than one year | 17 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Financial debts | 170/4 | €45,000 | €50,000 | +€5,000 | +11.1% |
| Amounts payable within one year | 42/48 | €140,267 | €322,455 | +€182,188 | +130% |
| Current portion of amounts payable after more than one year | 42 | €18,533 | - | -€18,533 | |
| Trade debts | 44 | €1,915 | €4,543 | +€2,628 | +137% |
| Suppliers | 440/4 | €1,915 | €4,543 | +€2,628 | +137% |
| Taxes, remuneration and social security | 45 | €26,851 | €49,822 | +€22,971 | +85.5% |
| Taxes | 450/3 | €26,851 | €49,822 | +€22,971 | +85.5% |
| Other amounts payable | 47/48 | €92,968 | €268,091 | +€175,123 | +188% |
| Accrued charges and deferred income | 492/3 | €315 | - | -€315 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | - | -€1,382 | |
| Other operating charges | 640/8 | €812 | €452 | -€359 | -44.3% |
| Gross operating margin | 9900 | €94,707 | €93,838 | -€869 | -0.9% |
| Operating profit (loss) | 9901 | €92,514 | €93,386 | +€872 | +0.9% |
| Financial income | 75/76B | €69,263 | €55,032 | -€14,232 | -20.5% |
| Recurring financial income | 75 | €69,263 | €55,032 | -€14,232 | -20.5% |
| Financial charges | 65/66B | €8,408 | €7,603 | -€805 | -9.6% |
| Recurring financial charges | 65 | €8,408 | €7,603 | -€805 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €153,369 | €140,814 | -€12,554 | -8.2% |
| Income taxes | 67/77 | €18,046 | €18,431 | +€384 | +2.1% |
| Profit (loss) for the period | 9904 | €135,323 | €122,384 | -€12,939 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €135,323 | €122,384 | -€12,939 | -9.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.