PEDIAGYN: 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.
PEDIAGYN
Largest movements
- Current investments +€35,646
up €35,646 (+11.0%), from €322,599 to €358,245
- Cash -€31,659
down €31,659 (-53.4%), from €59,241 to €27,582
mainly Contributions, distributions and other (-€96,143) and Investment in fixed assets (net) (-€90,479)
- Tangible fixed assets +€31,478
up €31,478 (+24.6%), from €127,796 to €159,274
of which Other tangible fixed assets: +€42,434
- Deferred charges and accrued income +€10,075
up €10,075 (+118.8%), from €8,478 to €18,552
- Reserves +€39,744
up €39,744 (+10.3%), from €384,207 to €423,951
- Tax, wage and social debts +€9,772
up €9,772 (+231.4%), from €4,222 to €13,994
- Gross operating margin +€46,483
up €46,483 (+28.3%), from €163,989 to €210,472
- Taxes +€19,968
up €19,968 (+62.0%), from €32,219 to €52,187
- Financial income +€16,782
up €16,782 (+63.7%), from €26,338 to €43,120
of which Financial income: +€41,683
- Depreciation +€5,920
up €5,920 (+11.2%), from €53,081 to €59,001
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 | €526,544 | €572,763 | +€46,219 | +8.8% |
| Fixed assets | 21/28 | €127,796 | €159,274 | +€31,478 | +24.6% |
| Tangible fixed assets | 22/27 | €127,796 | €159,274 | +€31,478 | +24.6% |
| Land and buildings | 22 | €34,000 | €17,000 | -€17,000 | -50.0% |
| Plant, machinery and equipment | 23 | €7,765 | €42,398 | +€34,634 | +446.0% |
| Furniture and vehicles | 24 | €66,684 | €38,093 | -€28,590 | -42.9% |
| Other tangible fixed assets | 26 | €19,348 | €61,782 | +€42,434 | +219.3% |
| Current assets | 29/58 | €398,748 | €413,489 | +€14,741 | +3.7% |
| Amounts receivable within one year | 40/41 | €8,431 | €9,110 | +€680 | +8.1% |
| Other amounts receivable | 41 | €8,431 | €9,110 | +€680 | +8.1% |
| Current investments | 50/53 | €322,599 | €358,245 | +€35,646 | +11.0% |
| Cash at bank and in hand | 54/58 | €59,241 | €27,582 | -€31,659 | -53.4% |
| Deferred charges and accrued income | 490/1 | €8,478 | €18,552 | +€10,075 | +118.8% |
| Total equity and liabilities | 10/49 | €526,544 | €572,763 | +€46,219 | +8.8% |
| Equity | 10/15 | €406,961 | €446,705 | +€39,744 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €384,207 | €423,951 | +€39,744 | +10.3% |
| Distributable reserves | 133 | €384,207 | €423,951 | +€39,744 | +10.3% |
| Profit (loss) carried forward | 14 | €4,154 | €4,154 | = | 0.0% |
| Amounts payable | 17/49 | €119,583 | €126,058 | +€6,475 | +5.4% |
| Amounts payable after more than one year | 17 | €55,690 | €49,963 | -€5,726 | -10.3% |
| Financial debts | 170/4 | €55,690 | €49,963 | -€5,726 | -10.3% |
| Amounts payable within one year | 42/48 | €62,623 | €72,697 | +€10,074 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €56,762 | €57,589 | +€827 | +1.5% |
| Trade debts | 44 | €1,639 | €1,114 | -€526 | -32.1% |
| Suppliers | 440/4 | €1,639 | €1,114 | -€526 | -32.1% |
| Taxes, remuneration and social security | 45 | €4,222 | €13,994 | +€9,772 | +231.4% |
| Taxes | 450/3 | €4,222 | €13,994 | +€9,772 | +231.4% |
| Accrued charges and deferred income | 492/3 | €1,270 | €3,398 | +€2,128 | +167.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,081 | €59,001 | +€5,920 | +11.2% |
| Other operating charges | 640/8 | €575 | €1,324 | +€750 | +130.5% |
| Gross operating margin | 9900 | €163,989 | €210,472 | +€46,483 | +28.3% |
| Operating profit (loss) | 9901 | €110,333 | €150,146 | +€39,813 | +36.1% |
| Financial income | 75/76B | €26,338 | €43,120 | +€16,782 | +63.7% |
| Recurring financial income | 75 | €1,437 | €43,120 | +€41,683 | +2900.9% |
| Non-recurring financial income | 76B | €24,901 | - | -€24,901 | |
| Financial charges | 65/66B | €6,628 | €5,193 | -€1,436 | -21.7% |
| Recurring financial charges | 65 | €6,628 | €5,193 | -€1,436 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €130,043 | €188,073 | +€58,030 | +44.6% |
| Income taxes | 67/77 | €32,219 | €52,187 | +€19,968 | +62.0% |
| Profit (loss) for the period | 9904 | €97,824 | €135,886 | +€38,062 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,824 | €135,886 | +€38,062 | +38.9% |
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 9 October 2026 via checked.be.