PEDISUN: 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.
PEDISUN
Largest movements
- Tangible fixed assets -€40,041
down €40,041 (-8.8%), from €456,157 to €416,116
of which Land and buildings: -€36,442
- Cash -€6,979
down €6,979 (-50.3%), from €13,880 to €6,901
mainly Debts after one year (-€38,167) and Other debts (-€11,593)
- Receivables within one year +€4,724
up €4,724 (+32402.8%), from €15 to €4,739
of which Trade receivables: +€4,739
- Debts after one year -€38,167
down €38,167 (-12.9%), from €296,542 to €258,375
- Other debts -€11,593
down €11,593 (-8.0%), from €144,800 to €133,207
- Gross operating margin -€19,313
down €19,313 (-23.0%), from €83,885 to €64,572
- Depreciation -€6,698
down €6,698 (-13.7%), from €49,049 to €42,351
- Financial charges -€1,214
down €1,214 (-10.1%), from €11,989 to €10,775
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 | €471,202 | €429,154 | -€42,048 | -8.9% |
| Fixed assets | 21/28 | €456,207 | €416,166 | -€40,041 | -8.8% |
| Tangible fixed assets | 22/27 | €456,157 | €416,116 | -€40,041 | -8.8% |
| Land and buildings | 22 | €439,723 | €403,280 | -€36,442 | -8.3% |
| Plant, machinery and equipment | 23 | €11,340 | €8,355 | -€2,985 | -26.3% |
| Furniture and vehicles | 24 | €5,095 | €4,481 | -€614 | -12.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €14,995 | €12,988 | -€2,007 | -13.4% |
| Stocks and contracts in progress | 3 | €843 | €737 | -€106 | -12.6% |
| Stocks | 30/36 | €843 | €737 | -€106 | -12.6% |
| Amounts receivable within one year | 40/41 | €15 | €4,739 | +€4,724 | +32402.8% |
| Trade receivables | 40 | €0 | €4,739 | +€4,739 | |
| Other amounts receivable | 41 | €15 | €0 | -€15 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,880 | €6,901 | -€6,979 | -50.3% |
| Deferred charges and accrued income | 490/1 | €257 | €611 | +€354 | +137.7% |
| Total equity and liabilities | 10/49 | €471,202 | €429,154 | -€42,048 | -8.9% |
| Equity | 10/15 | -€17,504 | -€16,026 | +€1,479 | +8.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €3,118 | €3,118 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,118 | €3,118 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,623 | -€69,144 | +€1,479 | +2.1% |
| Amounts payable | 17/49 | €488,706 | €445,180 | -€43,526 | -8.9% |
| Amounts payable after more than one year | 17 | €296,542 | €258,375 | -€38,167 | -12.9% |
| Financial debts | 170/4 | €296,542 | €258,375 | -€38,167 | -12.9% |
| Amounts payable within one year | 42/48 | €192,164 | €186,805 | -€5,359 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €40,492 | €43,551 | +€3,058 | +7.6% |
| Trade debts | 44 | €1,347 | €2,950 | +€1,603 | +118.9% |
| Suppliers | 440/4 | €1,347 | €2,950 | +€1,603 | +118.9% |
| Taxes, remuneration and social security | 45 | €5,524 | €7,097 | +€1,573 | +28.5% |
| Taxes | 450/3 | €5,524 | €5,153 | -€371 | -6.7% |
| Remuneration and social security | 454/9 | €0 | €1,944 | +€1,944 | |
| Other amounts payable | 47/48 | €144,800 | €133,207 | -€11,593 | -8.0% |
| Non-recurring operating income | 76A | - | €10 | +€10 | |
| Remuneration, social security and pensions | 62 | €5,729 | €5,287 | -€443 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,049 | €42,351 | -€6,698 | -13.7% |
| Other operating charges | 640/8 | €4,320 | €4,746 | +€426 | +9.9% |
| Gross operating margin | 9900 | €83,885 | €64,572 | -€19,313 | -23.0% |
| Operating profit (loss) | 9901 | €24,787 | €12,188 | -€12,599 | -50.8% |
| Financial income | 75/76B | €100 | €66 | -€34 | -33.7% |
| Recurring financial income | 75 | €100 | €66 | -€34 | -33.7% |
| Financial charges | 65/66B | €11,989 | €10,775 | -€1,214 | -10.1% |
| Recurring financial charges | 65 | €11,989 | €10,775 | -€1,214 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €12,897 | €1,479 | -€11,418 | -88.5% |
| Profit (loss) for the period | 9904 | €12,897 | €1,479 | -€11,418 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,897 | €1,479 | -€11,418 | -88.5% |
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 10 October 2026 via checked.be.