Peggy O.: 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 O.
Largest movements
- Tangible fixed assets -€20,247
down €20,247 (-45.1%), from €44,933 to €24,685
- Cash -€4,819
down €4,819 (-98.5%), from €4,891 to €73
mainly Debts after one year (-€20,511) and Net result for the year (-€7,021)
- Receivables within one year -€533
down €533 (-16.0%), from €3,320 to €2,788
of which Trade receivables: -€533
- Debts after one year -€20,511
down €20,511 (-92.2%), from €22,243 to €1,732
- Profit (loss) carried forward -€7,021
down €7,021 (-40.9%), from -€17,161 to -€24,182
- Tax, wage and social debts +€4,036
up €4,036 (+104%), from €3,888 to €7,925
- Trade debts -€2,584
down €2,584 (-14.4%), from €17,993 to €15,409
- Gross operating margin +€6,023
up €6,023 (+24.7%), from €24,366 to €30,389
- Other operating charges +€3,185
up €3,185 (+69.4%), from €4,590 to €7,775
- Taxes +€2,342
up €2,342 (+100%), from €2,334 to €4,676
- Financial charges +€2,183
up €2,183 (+86.4%), from €2,528 to €4,712
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
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 | €53,189 | €27,594 | -€25,595 | -48.1% |
| Fixed assets | 21/28 | €44,933 | €24,685 | -€20,247 | -45.1% |
| Tangible fixed assets | 22/27 | €44,933 | €24,685 | -€20,247 | -45.1% |
| Leasing and similar rights | 25 | €44,933 | €24,685 | -€20,247 | -45.1% |
| Current assets | 29/58 | €8,257 | €2,909 | -€5,347 | -64.8% |
| Amounts receivable within one year | 40/41 | €3,320 | €2,788 | -€533 | -16.0% |
| Trade receivables | 40 | €3,238 | €2,705 | -€533 | -16.5% |
| Other amounts receivable | 41 | €83 | €83 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,891 | €73 | -€4,819 | -98.5% |
| Deferred charges and accrued income | 490/1 | €45 | €49 | +€4 | +8.9% |
| Total equity and liabilities | 10/49 | €53,189 | €27,594 | -€25,595 | -48.1% |
| Equity | 10/15 | -€10,961 | -€17,982 | -€7,021 | -64.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,161 | -€24,182 | -€7,021 | -40.9% |
| Amounts payable | 17/49 | €64,150 | €45,577 | -€18,573 | -29.0% |
| Amounts payable after more than one year | 17 | €22,243 | €1,732 | -€20,511 | -92.2% |
| Financial debts | 170/4 | €22,243 | €1,732 | -€20,511 | -92.2% |
| Amounts payable within one year | 42/48 | €41,907 | €43,845 | +€1,938 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €20,026 | €20,511 | +€486 | +2.4% |
| Trade debts | 44 | €17,993 | €15,409 | -€2,584 | -14.4% |
| Suppliers | 440/4 | €17,993 | €15,409 | -€2,584 | -14.4% |
| Taxes, remuneration and social security | 45 | €3,888 | €7,925 | +€4,036 | +104% |
| Taxes | 450/3 | €3,888 | €7,925 | +€4,036 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,247 | €20,247 | = | 0.0% |
| Other operating charges | 640/8 | €4,590 | €7,775 | +€3,185 | +69.4% |
| Gross operating margin | 9900 | €24,366 | €30,389 | +€6,023 | +24.7% |
| Operating profit (loss) | 9901 | -€471 | €2,367 | +€2,838 | |
| Financial charges | 65/66B | €2,528 | €4,712 | +€2,183 | +86.4% |
| Recurring financial charges | 65 | €2,528 | €4,712 | +€2,183 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,000 | -€2,345 | +€655 | +21.8% |
| Income taxes | 67/77 | €2,334 | €4,676 | +€2,342 | +100% |
| Profit (loss) for the period | 9904 | -€5,334 | -€7,021 | -€1,687 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,334 | -€7,021 | -€1,687 | -31.6% |
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 23 October 2026 via checked.be.