Pegasus Paints: 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 Paints
Largest movements
- Receivables within one year +€14,288
up €14,288 (+21.8%), from €65,682 to €79,970
of which Trade receivables: +€14,288
- Tangible fixed assets -€13,446
down €13,446 (-27.1%), from €49,698 to €36,252
- Stocks and contracts +€9,140
up €9,140 (+2.9%), from €315,860 to €325,000
- Trade debts +€18,693
up €18,693 (+10.0%), from €186,537 to €205,230
- Other debts -€12,056
down €12,056 (-34.1%), from €35,356 to €23,299
- Debts after one year -€10,587
down €10,587 (-63.9%), from €16,572 to €5,985
- Tax, wage and social debts +€9,095
up €9,095 (+206%), from €4,417 to €13,512
of which Taxes: +€9,095
- Other operating charges +€8,953
up €8,953 (+3,289%), from €272 to €9,225
- Gross operating margin +€1,940
up €1,940 (+5.6%), from €34,826 to €36,766
- Taxes -€1,111
down €1,111 (-36.7%), from €3,023 to €1,913
- Staff costs -€537
down €537 (-88.7%), from €605 to €68
- Financial income +€454
up €454 (+15.2%), from €2,978 to €3,432
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 | €431,835 | €442,292 | +€10,457 | +2.4% |
| Fixed assets | 21/28 | €49,698 | €36,252 | -€13,446 | -27.1% |
| Tangible fixed assets | 22/27 | €49,698 | €36,252 | -€13,446 | -27.1% |
| Land and buildings | 22 | €26,231 | €24,725 | -€1,506 | -5.7% |
| Plant, machinery and equipment | 23 | €11,750 | €6,172 | -€5,577 | -47.5% |
| Furniture and vehicles | 24 | €6,401 | €2,514 | -€3,888 | -60.7% |
| Leasing and similar rights | 25 | €5,316 | €2,841 | -€2,475 | -46.6% |
| Current assets | 29/58 | €382,137 | €406,040 | +€23,903 | +6.3% |
| Stocks and contracts in progress | 3 | €315,860 | €325,000 | +€9,140 | +2.9% |
| Stocks | 30/36 | €315,860 | €325,000 | +€9,140 | +2.9% |
| Amounts receivable within one year | 40/41 | €65,682 | €79,970 | +€14,288 | +21.8% |
| Trade receivables | 40 | €63,304 | €77,593 | +€14,288 | +22.6% |
| Other amounts receivable | 41 | €2,378 | €2,378 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2 | €9 | +€7 | +368% |
| Deferred charges and accrued income | 490/1 | €593 | €1,061 | +€468 | +78.9% |
| Total equity and liabilities | 10/49 | €431,835 | €442,292 | +€10,457 | +2.4% |
| Equity | 10/15 | €32,252 | €34,037 | +€1,785 | +5.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €28,252 | €30,037 | +€1,785 | +6.3% |
| Distributable reserves | 133 | €28,252 | €30,037 | +€1,785 | +6.3% |
| Amounts payable | 17/49 | €399,584 | €408,255 | +€8,672 | +2.2% |
| Amounts payable after more than one year | 17 | €16,572 | €5,985 | -€10,587 | -63.9% |
| Financial debts | 170/4 | €16,572 | €5,985 | -€10,587 | -63.9% |
| Amounts payable within one year | 42/48 | €383,012 | €402,271 | +€19,259 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €10,611 | €10,802 | +€191 | +1.8% |
| Financial debts | 43 | €146,091 | €149,427 | +€3,336 | +2.3% |
| Credit institutions | 430/8 | €146,091 | €149,427 | +€3,336 | +2.3% |
| Trade debts | 44 | €186,537 | €205,230 | +€18,693 | +10.0% |
| Suppliers | 440/4 | €186,537 | €205,230 | +€18,693 | +10.0% |
| Taxes, remuneration and social security | 45 | €4,417 | €13,512 | +€9,095 | +206% |
| Taxes | 450/3 | €4,417 | €13,512 | +€9,095 | +206% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €35,356 | €23,299 | -€12,056 | -34.1% |
| Remuneration, social security and pensions | 62 | €605 | €68 | -€537 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,446 | €13,446 | -€0 | 0.0% |
| Other operating charges | 640/8 | €272 | €9,225 | +€8,953 | +3,289% |
| Gross operating margin | 9900 | €34,826 | €36,766 | +€1,940 | +5.6% |
| Operating profit (loss) | 9901 | €20,503 | €14,027 | -€6,476 | -31.6% |
| Financial income | 75/76B | €2,978 | €3,432 | +€454 | +15.2% |
| Recurring financial income | 75 | €2,978 | €3,432 | +€454 | +15.2% |
| Financial charges | 65/66B | €13,376 | €13,761 | +€385 | +2.9% |
| Recurring financial charges | 65 | €13,376 | €13,761 | +€385 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €10,105 | €3,698 | -€6,407 | -63.4% |
| Income taxes | 67/77 | €3,023 | €1,913 | -€1,111 | -36.7% |
| Profit (loss) for the period | 9904 | €7,082 | €1,785 | -€5,296 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,082 | €1,785 | -€5,296 | -74.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.