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 -€189,166
down €189,166 (-75.0%), from €252,134 to €62,968
mainly Net result for the year (-€363,475) and Investment in fixed assets (net) (-€320,511)
- Intangible fixed assets +€5,969
up €5,969 (+47.6%), from €12,539 to €18,508
- Receivables within one year -€5,006
down €5,006 (-23.1%), from €21,630 to €16,623
of which Other amounts receivable: -€5,053
- Formation expenses -€4,012
down €4,012 (-29.2%), from €13,731 to €9,719
- Profit (loss) carried forward -€363,475
down €363,475 (-172.4%), from -€210,881 to -€574,356
- Contributions +€200,000
up €200,000 (+44.4%), from €450,000 to €650,000
- Trade debts -€27,860
down €27,860 (-43.9%), from €63,413 to €35,552
- Depreciation +€133,872
up €133,872 (+73.0%), from €183,293 to €317,165
- Financial income -€94,208
down €94,208 (-74.2%), from €127,000 to €32,793
- Gross operating margin -€13,971
down €13,971 (-22.0%), from -€63,612 to -€77,583
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 | €302,531 | €111,705 | -€190,827 | -63.1% |
| Formation expenses | 20 | €13,731 | €9,719 | -€4,012 | -29.2% |
| Fixed assets | 21/28 | €13,983 | €21,341 | +€7,358 | +52.6% |
| Intangible fixed assets | 21 | €12,539 | €18,508 | +€5,969 | +47.6% |
| Tangible fixed assets | 22/27 | €1,445 | €2,833 | +€1,389 | +96.1% |
| Plant, machinery and equipment | 23 | €1,445 | €2,833 | +€1,389 | +96.1% |
| Current assets | 29/58 | €274,817 | €80,644 | -€194,173 | -70.7% |
| Amounts receivable within one year | 40/41 | €21,630 | €16,623 | -€5,006 | -23.1% |
| Trade receivables | 40 | €150 | €197 | +€47 | +31.2% |
| Other amounts receivable | 41 | €21,480 | €16,426 | -€5,053 | -23.5% |
| Cash at bank and in hand | 54/58 | €252,134 | €62,968 | -€189,166 | -75.0% |
| Deferred charges and accrued income | 490/1 | €1,053 | €1,053 | = | 0.0% |
| Total equity and liabilities | 10/49 | €302,531 | €111,705 | -€190,827 | -63.1% |
| Equity | 10/15 | €239,119 | €75,644 | -€163,475 | -68.4% |
| Contributions | 10/11 | €450,000 | €650,000 | +€200,000 | +44.4% |
| Profit (loss) carried forward | 14 | -€210,881 | -€574,356 | -€363,475 | -172.4% |
| Amounts payable | 17/49 | €63,413 | €36,061 | -€27,352 | -43.1% |
| Amounts payable within one year | 42/48 | €63,413 | €35,552 | -€27,860 | -43.9% |
| Trade debts | 44 | €63,413 | €35,552 | -€27,860 | -43.9% |
| Suppliers | 440/4 | €63,413 | €35,552 | -€27,860 | -43.9% |
| Accrued charges and deferred income | 492/3 | - | €508 | +€508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,293 | €317,165 | +€133,872 | +73.0% |
| Other operating charges | 640/8 | €772 | €1,305 | +€533 | +69.1% |
| Gross operating margin | 9900 | -€63,612 | -€77,583 | -€13,971 | -22.0% |
| Operating profit (loss) | 9901 | -€247,677 | -€396,053 | -€148,376 | -59.9% |
| Financial income | 75/76B | €127,000 | €32,793 | -€94,208 | -74.2% |
| Recurring financial income | 75 | €127,000 | €32,793 | -€94,208 | -74.2% |
| Financial charges | 65/66B | €144 | €214 | +€70 | +48.5% |
| Recurring financial charges | 65 | €144 | €214 | +€70 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | -€120,821 | -€363,475 | -€242,653 | -200.8% |
| Profit (loss) for the period | 9904 | -€120,821 | -€363,475 | -€242,653 | -200.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,821 | -€363,475 | -€242,653 | -200.8% |
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 7 October 2026 via checked.be.