PEGGY ARIJS: 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.
PEGGY ARIJS
Largest movements
- Tangible fixed assets -€44,310
down €44,310 (-10.7%), from €412,903 to €368,593
of which Plant, machinery and equipment: -€26,812
- Debts after one year -€42,130
down €42,130 (-43.3%), from €97,409 to €55,278
- Short-term financial debts -€11,672
down €11,672 (-78.1%), from €14,952 to €3,281
- Accrued charges and deferred income +€7,121
up €7,121 (+66.0%), from €10,787 to €17,908
- Profit (loss) carried forward +€6,416
up €6,416 (+26.7%), from €24,024 to €30,440
- Gross operating margin -€2,222
down €2,222 (-3.2%), from €69,401 to €67,179
- Other operating charges -€1,675
down €1,675 (-38.6%), from €4,335 to €2,660
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €418,119 | €376,463 | -€41,656 | -10.0% |
| Fixed assets | 21/28 | €412,903 | €368,593 | -€44,310 | -10.7% |
| Tangible fixed assets | 22/27 | €412,903 | €368,593 | -€44,310 | -10.7% |
| Land and buildings | 22 | €324,243 | €306,746 | -€17,497 | -5.4% |
| Plant, machinery and equipment | 23 | €88,157 | €61,344 | -€26,812 | -30.4% |
| Furniture and vehicles | 24 | €503 | €503 | = | 0.0% |
| Current assets | 29/58 | €5,216 | €7,869 | +€2,653 | +50.9% |
| Amounts receivable within one year | 40/41 | €5,216 | €7,869 | +€2,653 | +50.9% |
| Other amounts receivable | 41 | €5,216 | €7,869 | +€2,653 | +50.9% |
| Total equity and liabilities | 10/49 | €418,119 | €376,463 | -€41,656 | -10.0% |
| Equity | 10/15 | €229,576 | €235,992 | +€6,416 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,953 | €186,953 | = | 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% |
| Distributable reserves | 133 | €185,093 | €185,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,024 | €30,440 | +€6,416 | +26.7% |
| Provisions and deferred taxes | 16 | €40,687 | €40,687 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,687 | €40,687 | = | 0.0% |
| Other liabilities and charges | 164/5 | €40,687 | €40,687 | = | 0.0% |
| Amounts payable | 17/49 | €147,856 | €99,784 | -€48,073 | -32.5% |
| Amounts payable after more than one year | 17 | €97,409 | €55,278 | -€42,130 | -43.3% |
| Financial debts | 170/4 | €97,409 | €55,278 | -€42,130 | -43.3% |
| Amounts payable within one year | 42/48 | €39,661 | €26,597 | -€13,063 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €21,210 | €20,130 | -€1,080 | -5.1% |
| Financial debts | 43 | €14,952 | €3,281 | -€11,672 | -78.1% |
| Credit institutions | 430/8 | €14,952 | €3,281 | -€11,672 | -78.1% |
| Trade debts | 44 | €550 | €550 | = | 0.0% |
| Suppliers | 440/4 | €550 | €550 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,948 | €2,637 | -€312 | -10.6% |
| Taxes | 450/3 | €2,948 | €2,637 | -€312 | -10.6% |
| Accrued charges and deferred income | 492/3 | €10,787 | €17,908 | +€7,121 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,293 | €44,310 | +€17 | 0.0% |
| Other operating charges | 640/8 | €4,335 | €2,660 | -€1,675 | -38.6% |
| Gross operating margin | 9900 | €69,401 | €67,179 | -€2,222 | -3.2% |
| Operating profit (loss) | 9901 | €20,774 | €20,210 | -€564 | -2.7% |
| Financial charges | 65/66B | €10,570 | €11,157 | +€587 | +5.6% |
| Recurring financial charges | 65 | €10,570 | €11,157 | +€587 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €10,204 | €9,053 | -€1,151 | -11.3% |
| Income taxes | 67/77 | €2,948 | €2,637 | -€312 | -10.6% |
| Profit (loss) for the period | 9904 | €7,255 | €6,416 | -€839 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,255 | €6,416 | -€839 | -11.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.