PEDRO: 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.
PEDRO
Largest movements
- Receivables within one year +€15,019
up €15,019 (+134.3%), from €11,184 to €26,203
of which Other amounts receivable: +€14,588
- Cash -€9,163
down €9,163 (-83.6%), from €10,965 to €1,802
mainly Receivables within one year (-€15,019) and Other debts (-€5,209)
- Stocks and contracts -€638
down €638 (-70.5%), from €905 to €267
- Tangible fixed assets -€502
down €502 (-67.3%), from €746 to €244
- Trade debts +€6,780
up €6,780 (+313.3%), from €2,164 to €8,944
- Other debts -€5,209
down €5,209 (-13.0%), from €39,996 to €34,787
- Profit (loss) carried forward +€3,145
up €3,145 (+8.5%), from -€36,952 to -€33,807
- Turnover -€44,740
down €44,740 (-18.2%), from €245,220 to €200,480
- Purchases and services -€42,526
down €42,526 (-18.2%), from €233,417 to €190,891
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 | €23,800 | €28,516 | +€4,716 | +19.8% |
| Fixed assets | 21/28 | €746 | €244 | -€502 | -67.3% |
| Tangible fixed assets | 22/27 | €746 | €244 | -€502 | -67.3% |
| Furniture and vehicles | 24 | €746 | €244 | -€502 | -67.3% |
| Current assets | 29/58 | €23,054 | €28,272 | +€5,218 | +22.6% |
| Stocks and contracts in progress | 3 | €905 | €267 | -€638 | -70.5% |
| Stocks | 30/36 | €905 | €267 | -€638 | -70.5% |
| Amounts receivable within one year | 40/41 | €11,184 | €26,203 | +€15,019 | +134.3% |
| Trade receivables | 40 | €307 | €738 | +€431 | +140.4% |
| Other amounts receivable | 41 | €10,877 | €25,465 | +€14,588 | +134.1% |
| Cash at bank and in hand | 54/58 | €10,965 | €1,802 | -€9,163 | -83.6% |
| Total equity and liabilities | 10/49 | €23,800 | €28,516 | +€4,716 | +19.8% |
| Equity | 10/15 | -€18,360 | -€15,215 | +€3,145 | +17.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,952 | -€33,807 | +€3,145 | +8.5% |
| Amounts payable | 17/49 | €42,160 | €43,731 | +€1,571 | +3.7% |
| Amounts payable within one year | 42/48 | €42,160 | €43,731 | +€1,571 | +3.7% |
| Trade debts | 44 | €2,164 | €8,944 | +€6,780 | +313.3% |
| Suppliers | 440/4 | €2,164 | €8,944 | +€6,780 | +313.3% |
| Other amounts payable | 47/48 | €39,996 | €34,787 | -€5,209 | -13.0% |
| Turnover | 70 | €245,220 | €200,480 | -€44,740 | -18.2% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €233,417 | €190,891 | -€42,526 | -18.2% |
| Remuneration, social security and pensions | 62 | €5,642 | €4,637 | -€1,005 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | €502 | = | 0.0% |
| Other operating charges | 640/8 | €650 | €1,806 | +€1,156 | +177.8% |
| Gross operating margin | 9900 | €11,803 | €10,090 | -€1,713 | -14.5% |
| Operating profit (loss) | 9901 | €5,009 | €3,145 | -€1,864 | -37.2% |
| Financial charges | 65/66B | €19 | - | -€19 | |
| Recurring financial charges | 65 | €19 | - | -€19 | |
| Profit (loss) for the period before taxes | 9903 | €4,990 | €3,145 | -€1,845 | -37.0% |
| Profit (loss) for the period | 9904 | €4,990 | €3,145 | -€1,845 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,990 | €3,145 | -€1,845 | -37.0% |
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 8 October 2026 via checked.be.