PEDIABEL: 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.
PEDIABEL
Largest movements
- Receivables within one year +€14,902
up €14,902 (+79.2%), from €18,810 to €33,712
of which Trade receivables: +€9,403
- Cash +€5,891
up €5,891 (+5.8%), from €102,423 to €108,314
mainly Other debts (+€23,970) and Net result for the year (+€23,908)
- Tangible fixed assets +€3,052
up €3,052 (+83.2%), from €3,669 to €6,720
- Deferred charges and accrued income +€1,528
up €1,528 (+130.8%), from €1,169 to €2,697
- Other debts +€23,970
up €23,970 (+1490.8%), from €1,608 to €25,577
- Depreciation +€1,561
up €1,561 (+133.2%), from €1,172 to €2,733
- Taxes -€445
down €445 (-6.4%), from €6,946 to €6,501
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 | €126,070 | €151,443 | +€25,373 | +20.1% |
| Fixed assets | 21/28 | €3,669 | €6,720 | +€3,052 | +83.2% |
| Tangible fixed assets | 22/27 | €3,669 | €6,720 | +€3,052 | +83.2% |
| Furniture and vehicles | 24 | €3,669 | €6,720 | +€3,052 | +83.2% |
| Current assets | 29/58 | €122,401 | €144,723 | +€22,321 | +18.2% |
| Amounts receivable within one year | 40/41 | €18,810 | €33,712 | +€14,902 | +79.2% |
| Trade receivables | 40 | €7,756 | €17,159 | +€9,403 | +121.2% |
| Other amounts receivable | 41 | €11,054 | €16,552 | +€5,499 | +49.7% |
| Cash at bank and in hand | 54/58 | €102,423 | €108,314 | +€5,891 | +5.8% |
| Deferred charges and accrued income | 490/1 | €1,169 | €2,697 | +€1,528 | +130.8% |
| Total equity and liabilities | 10/49 | €126,070 | €151,443 | +€25,373 | +20.1% |
| Equity | 10/15 | €119,904 | €119,904 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €116,904 | €116,904 | = | 0.0% |
| Distributable reserves | 133 | €116,904 | €116,904 | = | 0.0% |
| Amounts payable | 17/49 | €6,166 | €31,539 | +€25,373 | +411.5% |
| Amounts payable within one year | 42/48 | €6,166 | €30,832 | +€24,665 | +400.0% |
| Trade debts | 44 | €1,058 | €1,699 | +€641 | +60.5% |
| Suppliers | 440/4 | €1,058 | €1,699 | +€641 | +60.5% |
| Taxes, remuneration and social security | 45 | €3,500 | €3,555 | +€55 | +1.6% |
| Taxes | 450/3 | €3,500 | €3,555 | +€55 | +1.6% |
| Other amounts payable | 47/48 | €1,608 | €25,577 | +€23,970 | +1490.8% |
| Accrued charges and deferred income | 492/3 | - | €708 | +€708 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,172 | €2,733 | +€1,561 | +133.2% |
| Other operating charges | 640/8 | €878 | €827 | -€51 | -5.8% |
| Non-recurring operating charges | 66A | - | €17 | +€17 | |
| Gross operating margin | 9900 | €34,564 | €34,308 | -€256 | -0.7% |
| Operating profit (loss) | 9901 | €32,514 | €30,731 | -€1,783 | -5.5% |
| Financial charges | 65/66B | €130 | €322 | +€192 | +147.1% |
| Recurring financial charges | 65 | €130 | €322 | +€192 | +147.1% |
| Profit (loss) for the period before taxes | 9903 | €32,384 | €30,409 | -€1,975 | -6.1% |
| Income taxes | 67/77 | €6,946 | €6,501 | -€445 | -6.4% |
| Profit (loss) for the period | 9904 | €25,437 | €23,908 | -€1,530 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,437 | €23,908 | -€1,530 | -6.0% |
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 3 October 2026 via checked.be.