PEGGY: 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.
PEGGY
Largest movements
- Cash +€350,319
up €350,319 (+135.6%), from €258,337 to €608,657
mainly Current investments (+€200,542) and Net result for the year (+€162,091)
- Current investments -€200,542
down €200,542 (-14.9%), from €1.3m to €1.1m
- Receivables within one year -€120,191
no longer reported in 2025 (was €120,191)
- Tax, wage and social debts -€208,423
down €208,423 (-91.3%), from €228,294 to €19,870
- Reserves +€162,091
up €162,091 (+6.6%), from €2.4m to €2.6m
of which Distributable reserves: +€162,091
- Trade debts +€52,410
up €52,410 (+174701.6%), from €30 to €52,440
- Financial income -€455,546
down €455,546 (-75.2%), from €606,066 to €150,520
- Taxes -€47,383
down €47,383 (-65.1%), from €72,779 to €25,396
- Financial charges +€26,795
up €26,795 (+385.1%), from €6,959 to €33,754
- Gross operating margin +€1,067
up €1,067 (+1.5%), from €70,653 to €71,719
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 | €3,174,790 | €3,204,376 | +€29,585 | +0.9% |
| Fixed assets | 21/28 | €1,450,000 | €1,450,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,450,000 | €1,450,000 | = | 0.0% |
| Current assets | 29/58 | €1,724,790 | €1,754,376 | +€29,585 | +1.7% |
| Amounts receivable within one year | 40/41 | €120,191 | - | -€120,191 | |
| Other amounts receivable | 41 | €120,191 | - | -€120,191 | |
| Current investments | 50/53 | €1,346,262 | €1,145,719 | -€200,542 | -14.9% |
| Cash at bank and in hand | 54/58 | €258,337 | €608,657 | +€350,319 | +135.6% |
| Total equity and liabilities | 10/49 | €3,174,790 | €3,204,376 | +€29,585 | +0.9% |
| Equity | 10/15 | €2,470,151 | €2,632,242 | +€162,091 | +6.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,445,151 | €2,607,242 | +€162,091 | +6.6% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,442,651 | €2,604,742 | +€162,091 | +6.6% |
| Amounts payable | 17/49 | €704,639 | €572,134 | -€132,506 | -18.8% |
| Amounts payable within one year | 42/48 | €704,639 | €572,134 | -€132,506 | -18.8% |
| Trade debts | 44 | €30 | €52,440 | +€52,410 | +174701.6% |
| Suppliers | 440/4 | €30 | €52,440 | +€52,410 | +174701.6% |
| Taxes, remuneration and social security | 45 | €228,294 | €19,870 | -€208,423 | -91.3% |
| Taxes | 450/3 | €228,294 | €19,870 | -€208,423 | -91.3% |
| Other amounts payable | 47/48 | €476,316 | €499,823 | +€23,507 | +4.9% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €70,653 | €71,719 | +€1,067 | +1.5% |
| Operating profit (loss) | 9901 | €69,685 | €70,721 | +€1,036 | +1.5% |
| Financial income | 75/76B | €606,066 | €150,520 | -€455,546 | -75.2% |
| Recurring financial income | 75 | €606,066 | €150,520 | -€455,546 | -75.2% |
| Financial charges | 65/66B | €6,959 | €33,754 | +€26,795 | +385.1% |
| Recurring financial charges | 65 | €6,959 | €33,754 | +€26,795 | +385.1% |
| Profit (loss) for the period before taxes | 9903 | €668,792 | €187,487 | -€481,306 | -72.0% |
| Income taxes | 67/77 | €72,779 | €25,396 | -€47,383 | -65.1% |
| Profit (loss) for the period | 9904 | €596,013 | €162,091 | -€433,922 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €596,013 | €162,091 | -€433,922 | -72.8% |
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 2 October 2026 via checked.be.