PEGASUS RENT: 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.
What changed
PEGASUS RENT
NACE 77.320, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€13,010
2024 · -€19,563+€6,553
Equity
€319,384
2024 · €332,394-€13,010
Cash
€616
2024 · €1,367-€751
Balance sheet total
€4.2m
2024 · €4.1m+€120,473
Largest movements
Assets
- Financial fixed assets +€1.4m
new in 2025: €1.4m
- Receivables after one year -€1.1m
no longer reported in 2025 (was €1.1m)
- Tangible fixed assets -€180,499
down €180,499 (-6.2%), from €2.9m to €2.8m
Equity and liabilities
- Debts after one year +€112,789
up €112,789 (+3.0%), from €3.7m to €3.8m
of which Financial debts: +€143,763
Income statement
- Financial income +€11,904
up €11,904 (+31.4%), from €37,915 to €49,819
- Financial charges +€6,542
up €6,542 (+3.9%), from €168,307 to €174,849
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.
Result 2024
-€19,563
Gross operating margin
+€1,495
Other operating charges
-€304
Financial income
+€11,904
Financial charges
-€6,542
Result 2025
-€13,010
raises the resultlowers the result
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.
From operations
+€1.3m
Investment
-€1.4m
Financing
+€112,789
Cash 2024
€1,367
From operations (derived)
+€1.3m
Net result for the year
-€13,010
Depreciation
+€180,499
Receivables after one year
+€1.1m
Smaller working-capital items
+€4,932
Deferred charges and accrued income
-€14,441
Trade debts
+€13,395
Tax, wage and social debts
+€4,594
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€112,789
Debts after one year
+€112,789
Cash 2025
€616
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,121,742 | €4,242,215 | +€120,473 | +2.9% |
| Fixed assets | 21/28 | €2,930,753 | €4,189,244 | +€1.3m | +42.9% |
| Tangible fixed assets | 22/27 | €2,930,753 | €2,750,255 | -€180,499 | -6.2% |
| Plant, machinery and equipment | 23 | €2,930,753 | €2,750,255 | -€180,499 | -6.2% |
| Financial fixed assets | 28 | - | €1,438,989 | +€1.4m | |
| Current assets | 29/58 | €1,190,989 | €52,972 | -€1.1m | -95.6% |
| Amounts receivable after more than one year | 29 | €1,149,480 | - | -€1.1m | |
| Other amounts receivable | 291 | €1,149,480 | - | -€1.1m | |
| Amounts receivable within one year | 40/41 | €2,227 | - | -€2,227 | |
| Trade receivables | 40 | €2,227 | - | -€2,227 | |
| Cash at bank and in hand | 54/58 | €1,367 | €616 | -€751 | -54.9% |
| Deferred charges and accrued income | 490/1 | €37,915 | €52,356 | +€14,441 | +38.1% |
| Total equity and liabilities | 10/49 | €4,121,742 | €4,242,215 | +€120,473 | +2.9% |
| Equity | 10/15 | €332,394 | €319,384 | -€13,010 | -3.9% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Uncalled capital | 101 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,606 | -€180,616 | -€13,010 | -7.8% |
| Amounts payable | 17/49 | €3,789,348 | €3,922,831 | +€133,483 | +3.5% |
| Amounts payable after more than one year | 17 | €3,723,793 | €3,836,582 | +€112,789 | +3.0% |
| Financial debts | 170/4 | €2,927,446 | €3,071,209 | +€143,763 | +4.9% |
| Other amounts payable | 178/9 | €796,348 | €765,374 | -€30,974 | -3.9% |
| Amounts payable within one year | 42/48 | €34,311 | €52,300 | +€17,989 | +52.4% |
| Trade debts | 44 | €23,046 | €36,441 | +€13,395 | +58.1% |
| Suppliers | 440/4 | €23,046 | €36,441 | +€13,395 | +58.1% |
| Taxes, remuneration and social security | 45 | €11,264 | €15,858 | +€4,594 | +40.8% |
| Taxes | 450/3 | €11,264 | €15,858 | +€4,594 | +40.8% |
| Accrued charges and deferred income | 492/3 | €31,244 | €33,949 | +€2,705 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,499 | €180,499 | = | 0.0% |
| Other operating charges | 640/8 | €822 | €1,126 | +€304 | +37.0% |
| Gross operating margin | 9900 | €292,150 | €293,645 | +€1,495 | +0.5% |
| Operating profit (loss) | 9901 | €110,829 | €112,020 | +€1,191 | +1.1% |
| Financial income | 75/76B | €37,915 | €49,819 | +€11,904 | +31.4% |
| Recurring financial income | 75 | €37,915 | €49,819 | +€11,904 | +31.4% |
| Financial charges | 65/66B | €168,307 | €174,849 | +€6,542 | +3.9% |
| Recurring financial charges | 65 | €168,307 | €174,849 | +€6,542 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,563 | -€13,010 | +€6,553 | +33.5% |
| Profit (loss) for the period | 9904 | -€19,563 | -€13,010 | +€6,553 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,563 | -€13,010 | +€6,553 | +33.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.