Pegasus Motors: 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.
Pegasus Motors
Largest movements
- Stocks and contracts -€17,735
down €17,735 (-20.4%), from €87,000 to €69,265
- Receivables within one year -€14,324
down €14,324 (-96.7%), from €14,813 to €489
of which Other amounts receivable: -€14,324
- Tangible fixed assets +€1,283
up €1,283 (+82.6%), from €1,553 to €2,837
of which Other tangible fixed assets: +€2,234
- Profit (loss) carried forward -€27,857
down €27,857 (-38.7%), from -€71,936 to -€99,792
- Other debts -€6,789
down €6,789 (-4.1%), from €165,621 to €158,832
- Tax, wage and social debts +€1,881
up €1,881 (+311%), from €605 to €2,486
of which Remuneration and social security: +€1,881
- Taxes +€14,570
new in 2025: €14,570
- Gross operating margin +€10,642
up €10,642 (+98.3%), from -€10,822 to -€180
- Staff costs +€10,609
new in 2025: €10,609
- Other operating charges -€2,442
down €2,442 (-81.7%), from €2,990 to €548
- Financial charges +€446
up €446 (+169%), from €265 to €711
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 | €105,982 | €74,174 | -€31,809 | -30.0% |
| Fixed assets | 21/28 | €1,553 | €2,837 | +€1,283 | +82.6% |
| Tangible fixed assets | 22/27 | €1,553 | €2,837 | +€1,283 | +82.6% |
| Plant, machinery and equipment | 23 | €769 | €179 | -€590 | -76.7% |
| Furniture and vehicles | 24 | €784 | €424 | -€361 | -46.0% |
| Other tangible fixed assets | 26 | - | €2,234 | +€2,234 | |
| Current assets | 29/58 | €104,429 | €71,337 | -€33,092 | -31.7% |
| Stocks and contracts in progress | 3 | €87,000 | €69,265 | -€17,735 | -20.4% |
| Stocks | 30/36 | €87,000 | €69,265 | -€17,735 | -20.4% |
| Amounts receivable within one year | 40/41 | €14,813 | €489 | -€14,324 | -96.7% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €14,813 | €489 | -€14,324 | -96.7% |
| Cash at bank and in hand | 54/58 | €737 | €518 | -€219 | -29.7% |
| Deferred charges and accrued income | 490/1 | €1,879 | €1,064 | -€814 | -43.3% |
| Total equity and liabilities | 10/49 | €105,982 | €74,174 | -€31,809 | -30.0% |
| Equity | 10/15 | -€61,936 | -€89,792 | -€27,857 | -45.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,936 | -€99,792 | -€27,857 | -38.7% |
| Amounts payable | 17/49 | €167,918 | €163,966 | -€3,952 | -2.4% |
| Amounts payable within one year | 42/48 | €167,918 | €163,966 | -€3,952 | -2.4% |
| Trade debts | 44 | €1,691 | €2,647 | +€956 | +56.5% |
| Suppliers | 440/4 | €1,691 | €2,647 | +€956 | +56.5% |
| Taxes, remuneration and social security | 45 | €605 | €2,486 | +€1,881 | +311% |
| Taxes | 450/3 | €605 | €605 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €1,881 | +€1,881 | |
| Other amounts payable | 47/48 | €165,621 | €158,832 | -€6,789 | -4.1% |
| Remuneration, social security and pensions | 62 | - | €10,609 | +€10,609 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,108 | €1,240 | +€132 | +11.9% |
| Other operating charges | 640/8 | €2,990 | €548 | -€2,442 | -81.7% |
| Gross operating margin | 9900 | -€10,822 | -€180 | +€10,642 | +98.3% |
| Operating profit (loss) | 9901 | -€14,920 | -€12,577 | +€2,344 | +15.7% |
| Financial income | 75/76B | €9 | €1 | -€8 | -90.5% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -90.5% |
| Financial charges | 65/66B | €265 | €711 | +€446 | +169% |
| Recurring financial charges | 65 | €265 | €711 | +€446 | +169% |
| Profit (loss) for the period before taxes | 9903 | -€15,175 | -€13,287 | +€1,889 | +12.4% |
| Income taxes | 67/77 | - | €14,570 | +€14,570 | |
| Profit (loss) for the period | 9904 | -€15,175 | -€27,857 | -€12,681 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,175 | -€27,857 | -€12,681 | -83.6% |
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 22 October 2026 via checked.be.