PeGe: 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.
PeGe
Largest movements
- Cash +€33,186
up €33,186 (+3687298.9%), from €1 to €33,187
mainly Net result for the year (+€32,751) and Tax, wage and social debts (+€12,830)
- Receivables within one year +€12,783
up €12,783 (+591.7%), from €2,160 to €14,943
of which Trade receivables: +€12,588
- Profit (loss) carried forward +€32,751
up €32,751 (+65.6%), from -€49,903 to -€17,152
- Tax, wage and social debts +€12,830
up €12,830 (+51.4%), from €24,957 to €37,788
of which Taxes: +€7,111
- Gross operating margin +€34,079
up €34,079, from -€960 to €33,119
- Other operating charges -€10,607
down €10,607 (-98.8%), from €10,733 to €126
- Depreciation -€3,008
no longer reported in 2025 (was €3,008)
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 | €55,527 | €101,496 | +€45,968 | +82.8% |
| Current assets | 29/58 | €55,527 | €101,496 | +€45,968 | +82.8% |
| Stocks and contracts in progress | 3 | €53,366 | €53,366 | = | 0.0% |
| Stocks | 30/36 | €53,366 | €53,366 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,160 | €14,943 | +€12,783 | +591.7% |
| Trade receivables | 40 | €1,156 | €13,745 | +€12,588 | +1088.8% |
| Other amounts receivable | 41 | €1,004 | €1,198 | +€194 | +19.3% |
| Cash at bank and in hand | 54/58 | €1 | €33,187 | +€33,186 | +3687298.9% |
| Total equity and liabilities | 10/49 | €55,527 | €101,496 | +€45,968 | +82.8% |
| Equity | 10/15 | -€29,443 | €3,308 | +€32,751 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€49,903 | -€17,152 | +€32,751 | +65.6% |
| Amounts payable | 17/49 | €84,970 | €98,187 | +€13,217 | +15.6% |
| Amounts payable within one year | 42/48 | €84,970 | €98,187 | +€13,217 | +15.6% |
| Financial debts | 43 | €13 | - | -€13 | |
| Credit institutions | 430/8 | €13 | - | -€13 | |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €24,957 | €37,788 | +€12,830 | +51.4% |
| Taxes | 450/3 | €3,014 | €10,124 | +€7,111 | +235.9% |
| Remuneration and social security | 454/9 | €21,944 | €27,663 | +€5,719 | +26.1% |
| Other amounts payable | 47/48 | €60,000 | €60,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,008 | - | -€3,008 | |
| Other operating charges | 640/8 | €10,733 | €126 | -€10,607 | -98.8% |
| Gross operating margin | 9900 | -€960 | €33,119 | +€34,079 | |
| Operating profit (loss) | 9901 | -€14,701 | €32,993 | +€47,694 | |
| Financial charges | 65/66B | €107 | €242 | +€134 | +125.0% |
| Recurring financial charges | 65 | €107 | €242 | +€134 | +125.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,809 | €32,751 | +€47,560 | |
| Profit (loss) for the period | 9904 | -€14,809 | €32,751 | +€47,560 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,809 | €32,751 | +€47,560 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.