PEDIASEP: 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.
PEDIASEP
Largest movements
- Cash -€11,419
down €11,419 (-9.9%), from €115,159 to €103,740
mainly Contributions, distributions and other (-€35,000) and Receivables within one year (-€8,871)
- Receivables within one year +€8,871
up €8,871 (+6.5%), from €136,769 to €145,640
of which Other amounts receivable: +€8,906
- Tangible fixed assets -€8,708
down €8,708 (-71.0%), from €12,272 to €3,564
of which Furniture and vehicles: -€8,708
- Reserves -€35,000
down €35,000 (-19.8%), from €176,610 to €141,610
of which Distributable reserves: -€35,000
- Other debts +€27,250
up €27,250 (+154.1%), from €17,683 to €44,933
- Profit (loss) carried forward -€5,481
down €5,481 (-11.6%), from €47,204 to €41,723
- Gross operating margin -€69,292
down €69,292 (-99.3%), from €69,780 to €489
- Taxes -€20,077
down €20,077 (-93.7%), from €21,416 to €1,339
- Financial income +€4,742
up €4,742 (+159.4%), from €2,975 to €7,716
- Other operating charges +€729
up €729 (+38.9%), from €1,873 to €2,603
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 | €264,941 | €253,970 | -€10,971 | -4.1% |
| Fixed assets | 21/28 | €12,272 | €3,564 | -€8,708 | -71.0% |
| Tangible fixed assets | 22/27 | €12,272 | €3,564 | -€8,708 | -71.0% |
| Furniture and vehicles | 24 | €9,860 | €1,152 | -€8,708 | -88.3% |
| Other tangible fixed assets | 26 | €2,413 | €2,413 | = | 0.0% |
| Current assets | 29/58 | €252,668 | €250,406 | -€2,263 | -0.9% |
| Amounts receivable within one year | 40/41 | €136,769 | €145,640 | +€8,871 | +6.5% |
| Trade receivables | 40 | €35 | - | -€35 | |
| Other amounts receivable | 41 | €136,734 | €145,640 | +€8,906 | +6.5% |
| Cash at bank and in hand | 54/58 | €115,159 | €103,740 | -€11,419 | -9.9% |
| Deferred charges and accrued income | 490/1 | €741 | €1,026 | +€285 | +38.5% |
| Total equity and liabilities | 10/49 | €264,941 | €253,970 | -€10,971 | -4.1% |
| Equity | 10/15 | €236,214 | €195,733 | -€40,481 | -17.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €176,610 | €141,610 | -€35,000 | -19.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €171,750 | €136,750 | -€35,000 | -20.4% |
| Profit (loss) carried forward | 14 | €47,204 | €41,723 | -€5,481 | -11.6% |
| Amounts payable | 17/49 | €28,727 | €58,237 | +€29,511 | +102.7% |
| Amounts payable within one year | 42/48 | €28,727 | €58,237 | +€29,511 | +102.7% |
| Trade debts | 44 | €478 | €799 | +€322 | +67.3% |
| Suppliers | 440/4 | €478 | €799 | +€322 | +67.3% |
| Taxes, remuneration and social security | 45 | €10,566 | €12,505 | +€1,939 | +18.4% |
| Taxes | 450/3 | €10,566 | €12,505 | +€1,939 | +18.4% |
| Other amounts payable | 47/48 | €17,683 | €44,933 | +€27,250 | +154.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,179 | €9,307 | +€128 | +1.4% |
| Other operating charges | 640/8 | €1,873 | €2,603 | +€729 | +38.9% |
| Gross operating margin | 9900 | €69,780 | €489 | -€69,292 | -99.3% |
| Operating profit (loss) | 9901 | €58,728 | -€11,421 | -€70,149 | |
| Financial income | 75/76B | €2,975 | €7,716 | +€4,742 | +159.4% |
| Recurring financial income | 75 | €2,975 | €7,716 | +€4,742 | +159.4% |
| Financial charges | 65/66B | €1,134 | €438 | -€697 | -61.4% |
| Recurring financial charges | 65 | €1,134 | €438 | -€697 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | €60,569 | -€4,142 | -€64,711 | |
| Income taxes | 67/77 | €21,416 | €1,339 | -€20,077 | -93.7% |
| Profit (loss) for the period | 9904 | €39,153 | -€5,481 | -€44,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,153 | -€5,481 | -€44,634 |
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 8 October 2026 via checked.be.