PEEV: 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.
PEEV
Largest movements
- Cash +€62,360
up €62,360 (+45.1%), from €138,230 to €200,590
mainly Net result for the year (+€89,846) and Depreciation (+€1,768)
- Reserves +€89,013
up €89,013 (+66.3%), from €134,245 to €223,258
- Tax, wage and social debts -€16,256
down €16,256 (-99.5%), from €16,330 to €74
- Other debts -€7,437
down €7,437 (-74.3%), from €10,006 to €2,569
- Gross operating margin +€18,899
up €18,899 (+18.4%), from €102,444 to €121,343
- Taxes +€4,857
up €4,857 (+23.0%), from €21,146 to €26,003
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 | €163,902 | €229,258 | +€65,356 | +39.9% |
| Fixed assets | 21/28 | €2,455 | €3,440 | +€985 | +40.1% |
| Tangible fixed assets | 22/27 | €2,455 | €3,440 | +€985 | +40.1% |
| Plant, machinery and equipment | 23 | €1,971 | €1,008 | -€963 | -48.9% |
| Furniture and vehicles | 24 | €484 | €2,432 | +€1,948 | +402.8% |
| Current assets | 29/58 | €161,447 | €225,819 | +€64,372 | +39.9% |
| Amounts receivable within one year | 40/41 | €23,217 | €25,228 | +€2,012 | +8.7% |
| Trade receivables | 40 | €16,862 | €16,377 | -€486 | -2.9% |
| Other amounts receivable | 41 | €6,354 | €8,852 | +€2,497 | +39.3% |
| Cash at bank and in hand | 54/58 | €138,230 | €200,590 | +€62,360 | +45.1% |
| Total equity and liabilities | 10/49 | €163,902 | €229,258 | +€65,356 | +39.9% |
| Equity | 10/15 | €136,245 | €225,258 | +€89,013 | +65.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €134,245 | €223,258 | +€89,013 | +66.3% |
| Distributable reserves | 133 | €134,245 | €223,258 | +€89,013 | +66.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,657 | €4,000 | -€23,657 | -85.5% |
| Amounts payable within one year | 42/48 | €27,657 | €4,000 | -€23,657 | -85.5% |
| Trade debts | 44 | €1,321 | €1,357 | +€36 | +2.7% |
| Suppliers | 440/4 | €1,321 | €1,357 | +€36 | +2.7% |
| Taxes, remuneration and social security | 45 | €16,330 | €74 | -€16,256 | -99.5% |
| Taxes | 450/3 | €16,330 | €74 | -€16,256 | -99.5% |
| Other amounts payable | 47/48 | €10,006 | €2,569 | -€7,437 | -74.3% |
| Remuneration, social security and pensions | 62 | €2,266 | €2,285 | +€19 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,281 | €1,768 | +€487 | +38.0% |
| Other operating charges | 640/8 | €1,157 | €1,151 | -€6 | -0.5% |
| Gross operating margin | 9900 | €102,444 | €121,343 | +€18,899 | +18.4% |
| Operating profit (loss) | 9901 | €97,739 | €116,139 | +€18,400 | +18.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €853 | €291 | -€562 | -65.9% |
| Recurring financial charges | 65 | €853 | €291 | -€562 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €96,886 | €115,849 | +€18,962 | +19.6% |
| Income taxes | 67/77 | €21,146 | €26,003 | +€4,857 | +23.0% |
| Profit (loss) for the period | 9904 | €75,741 | €89,846 | +€14,105 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,741 | €89,846 | +€14,105 | +18.6% |
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 11 October 2026 via checked.be.