PEECO: 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.
PEECO
Largest movements
- Tangible fixed assets -€9,592
down €9,592 (-1.2%), from €804,417 to €794,825
- Debts after one year -€18,250
down €18,250 (-10.0%), from €183,245 to €164,995
- Profit (loss) carried forward +€15,052
up €15,052 (+36.4%), from -€41,376 to -€26,324
- Financial charges -€7,285
down €7,285 (-42.6%), from €17,110 to €9,825
- Gross operating margin +€4,952
up €4,952 (+14.7%), from €33,661 to €38,613
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.
Derived cash bridge
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 | €806,096 | €800,469 | -€5,627 | -0.7% |
| Fixed assets | 21/28 | €804,417 | €794,825 | -€9,592 | -1.2% |
| Tangible fixed assets | 22/27 | €804,417 | €794,825 | -€9,592 | -1.2% |
| Land and buildings | 22 | €804,417 | €794,825 | -€9,592 | -1.2% |
| Current assets | 29/58 | €1,679 | €5,644 | +€3,965 | +236% |
| Cash at bank and in hand | 54/58 | €1,679 | €5,644 | +€3,965 | +236% |
| Total equity and liabilities | 10/49 | €806,096 | €800,469 | -€5,627 | -0.7% |
| Equity | 10/15 | €23,723 | €38,775 | +€15,052 | +63.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,376 | -€26,324 | +€15,052 | +36.4% |
| Amounts payable | 17/49 | €782,373 | €761,694 | -€20,679 | -2.6% |
| Amounts payable after more than one year | 17 | €183,245 | €164,995 | -€18,250 | -10.0% |
| Financial debts | 170/4 | €183,245 | €164,995 | -€18,250 | -10.0% |
| Amounts payable within one year | 42/48 | €578,103 | €572,988 | -€5,115 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €17,288 | €17,967 | +€679 | +3.9% |
| Financial debts | 43 | €560,746 | €554,946 | -€5,800 | -1.0% |
| Other loans | 439 | €560,746 | €554,946 | -€5,800 | -1.0% |
| Trade debts | 44 | €69 | €76 | +€7 | +9.9% |
| Suppliers | 440/4 | €69 | €76 | +€7 | +9.9% |
| Accrued charges and deferred income | 492/3 | €21,025 | €23,711 | +€2,686 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,592 | €9,592 | = | 0.0% |
| Other operating charges | 640/8 | €3,820 | €4,144 | +€324 | +8.5% |
| Gross operating margin | 9900 | €33,661 | €38,613 | +€4,952 | +14.7% |
| Operating profit (loss) | 9901 | €20,248 | €24,876 | +€4,628 | +22.9% |
| Financial charges | 65/66B | €17,110 | €9,825 | -€7,285 | -42.6% |
| Recurring financial charges | 65 | €17,110 | €9,825 | -€7,285 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €3,139 | €15,052 | +€11,913 | +380% |
| Profit (loss) for the period | 9904 | €3,139 | €15,052 | +€11,913 | +380% |
| Profit (loss) for the period to be appropriated | 9905 | €3,139 | €15,052 | +€11,913 | +380% |
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 15 October 2026 via checked.be.