PEGAL: 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.
PEGAL
Largest movements
- Receivables within one year -€15,894
down €15,894 (-70.9%), from €22,416 to €6,522
of which Trade receivables: -€22,416
- Cash +€2,379
new in 2025: €2,379
mainly Other debts (+€55,676) and Receivables within one year (+€15,894)
- Deferred charges and accrued income +€1,725
new in 2025: €1,725
- Other debts +€55,676
up €55,676 (+90.6%), from €61,423 to €117,099
- Profit (loss) carried forward -€52,641
down €52,641 (-89.5%), from -€58,816 to -€111,457
- Short-term financial debts -€16,098
no longer reported in 2025 (was €16,098)
- Trade debts +€2,496
up €2,496 (+19.6%), from €12,741 to €15,237
- Tax, wage and social debts -€845
down €845 (-20.5%), from €4,125 to €3,280
- Gross operating margin +€1,703
up €1,703 (+42.1%), from -€4,047 to -€2,344
- Staff costs -€60
down €60 (-2.9%), from €2,055 to €1,995
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 | €50,949 | €39,159 | -€11,790 | -23.1% |
| Fixed assets | 21/28 | €25,262 | €25,262 | = | 0.0% |
| Intangible fixed assets | 21 | €911 | €911 | = | 0.0% |
| Tangible fixed assets | 22/27 | €24,102 | €24,102 | = | 0.0% |
| Furniture and vehicles | 24 | €24,102 | €24,102 | = | 0.0% |
| Financial fixed assets | 28 | €249 | €249 | = | 0.0% |
| Current assets | 29/58 | €25,687 | €13,897 | -€11,790 | -45.9% |
| Stocks and contracts in progress | 3 | €3,271 | €3,271 | = | 0.0% |
| Stocks | 30/36 | €3,271 | €3,271 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,416 | €6,522 | -€15,894 | -70.9% |
| Trade receivables | 40 | €22,416 | - | -€22,416 | |
| Other amounts receivable | 41 | - | €6,522 | +€6,522 | |
| Cash at bank and in hand | 54/58 | - | €2,379 | +€2,379 | |
| Deferred charges and accrued income | 490/1 | - | €1,725 | +€1,725 | |
| Total equity and liabilities | 10/49 | €50,949 | €39,159 | -€11,790 | -23.1% |
| Equity | 10/15 | -€43,816 | -€96,457 | -€52,641 | -120% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,816 | -€111,457 | -€52,641 | -89.5% |
| Amounts payable | 17/49 | €94,765 | €135,616 | +€40,851 | +43.1% |
| Amounts payable within one year | 42/48 | €94,387 | €135,616 | +€41,229 | +43.7% |
| Financial debts | 43 | €16,098 | - | -€16,098 | |
| Credit institutions | 430/8 | €16,098 | - | -€16,098 | |
| Trade debts | 44 | €12,741 | €15,237 | +€2,496 | +19.6% |
| Suppliers | 440/4 | €12,741 | €15,237 | +€2,496 | +19.6% |
| Taxes, remuneration and social security | 45 | €4,125 | €3,280 | -€845 | -20.5% |
| Taxes | 450/3 | €4,125 | €3,280 | -€845 | -20.5% |
| Other amounts payable | 47/48 | €61,423 | €117,099 | +€55,676 | +90.6% |
| Accrued charges and deferred income | 492/3 | €378 | - | -€378 | |
| Remuneration, social security and pensions | 62 | €2,055 | €1,995 | -€60 | -2.9% |
| Gross operating margin | 9900 | -€4,047 | -€2,344 | +€1,703 | +42.1% |
| Operating profit (loss) | 9901 | -€6,102 | -€4,339 | +€1,763 | +28.9% |
| Financial charges | 65/66B | €8 | - | -€8 | |
| Recurring financial charges | 65 | €8 | - | -€8 | |
| Profit (loss) for the period before taxes | 9903 | -€6,110 | -€4,339 | +€1,771 | +29.0% |
| Profit (loss) for the period | 9904 | -€6,110 | -€4,339 | +€1,771 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,110 | -€4,339 | +€1,771 | +29.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.