PEEWE: 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.
PEEWE
Largest movements
- Receivables after one year +€100,000
new in 2025: €100,000
- Receivables within one year -€57,810
down €57,810 (-88.9%), from €65,022 to €7,212
of which Other amounts receivable: -€65,022
- Cash -€26,995
down €26,995 (-66.4%), from €40,652 to €13,657
mainly Receivables after one year (-€100,000) and Net result for the year (-€9,585)
- Tangible fixed assets -€9,699
down €9,699 (-44.3%), from €21,878 to €12,179
of which Furniture and vehicles: -€8,800
- Deferred charges and accrued income +€3,750
new in 2025: €3,750
- Other debts +€16,802
new in 2025: €16,802
- Profit (loss) carried forward -€9,585
down €9,585 (-82.0%), from €11,693 to €2,108
- Gross operating margin -€95,062
down €95,062 (-90.4%), from €105,189 to €10,127
- Taxes -€23,120
down €23,120 (-68.5%), from €33,729 to €10,609
- Financial income +€2,914
up €2,914 (+288.5%), from €1,010 to €3,925
- Financial charges -€1,327
down €1,327 (-77.5%), from €1,713 to €385
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 | €277,045 | €286,291 | +€9,246 | +3.3% |
| Fixed assets | 21/28 | €21,878 | €12,179 | -€9,699 | -44.3% |
| Tangible fixed assets | 22/27 | €21,878 | €12,179 | -€9,699 | -44.3% |
| Land and buildings | 22 | €1,315 | €877 | -€438 | -33.3% |
| Plant, machinery and equipment | 23 | €2,001 | €1,540 | -€461 | -23.0% |
| Furniture and vehicles | 24 | €18,562 | €9,762 | -€8,800 | -47.4% |
| Current assets | 29/58 | €255,167 | €274,112 | +€18,945 | +7.4% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €65,022 | €7,212 | -€57,810 | -88.9% |
| Trade receivables | 40 | - | €7,212 | +€7,212 | |
| Other amounts receivable | 41 | €65,022 | - | -€65,022 | |
| Current investments | 50/53 | €149,493 | €149,493 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,652 | €13,657 | -€26,995 | -66.4% |
| Deferred charges and accrued income | 490/1 | - | €3,750 | +€3,750 | |
| Total equity and liabilities | 10/49 | €277,045 | €286,291 | +€9,246 | +3.3% |
| Equity | 10/15 | €275,553 | €265,968 | -€9,585 | -3.5% |
| Reserves | 13 | €263,860 | €263,860 | = | 0.0% |
| 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 | €262,000 | - | -€262,000 | |
| Distributable reserves | 133 | - | €262,000 | +€262,000 | |
| Profit (loss) carried forward | 14 | €11,693 | €2,108 | -€9,585 | -82.0% |
| Amounts payable | 17/49 | €1,493 | €20,323 | +€18,830 | +1261.5% |
| Amounts payable within one year | 42/48 | €1,493 | €20,323 | +€18,830 | +1261.5% |
| Trade debts | 44 | €699 | €219 | -€480 | -68.6% |
| Suppliers | 440/4 | €699 | €219 | -€480 | -68.6% |
| Taxes, remuneration and social security | 45 | €793 | €3,301 | +€2,508 | +316.2% |
| Taxes | 450/3 | €793 | €3,301 | +€2,508 | +316.2% |
| Other amounts payable | 47/48 | - | €16,802 | +€16,802 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,239 | €10,508 | +€270 | +2.6% |
| Other operating charges | 640/8 | €2,291 | €2,133 | -€157 | -6.9% |
| Gross operating margin | 9900 | €105,189 | €10,127 | -€95,062 | -90.4% |
| Operating profit (loss) | 9901 | €92,660 | -€2,515 | -€95,174 | |
| Financial income | 75/76B | €1,010 | €3,925 | +€2,914 | +288.5% |
| Recurring financial income | 75 | €1,010 | €3,925 | +€2,914 | +288.5% |
| Financial charges | 65/66B | €1,713 | €385 | -€1,327 | -77.5% |
| Recurring financial charges | 65 | €1,713 | €385 | -€1,327 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €91,957 | €1,025 | -€90,933 | -98.9% |
| Income taxes | 67/77 | €33,729 | €10,609 | -€23,120 | -68.5% |
| Profit (loss) for the period | 9904 | €58,228 | -€9,585 | -€67,813 | |
| Transfer to tax-exempt reserves | 689 | €50,000 | - | -€50,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,228 | -€9,585 | -€17,813 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.