Pegosa: 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.
Pegosa
Largest movements
- Receivables within one year +€186,688
up €186,688 (+415.6%), from €44,925 to €231,613
of which Other amounts receivable: +€187,067
- Cash -€115,232
down €115,232 (-32.3%), from €357,234 to €242,002
mainly Receivables within one year (-€186,688) and Contributions, distributions and other (-€65,000)
- Other debts +€61,750
new in 2025: €61,750
- Reserves +€21,000
up €21,000 (+4.0%), from €528,810 to €549,810
of which Distributable reserves: +€21,000
- Debts after one year -€9,865
no longer reported in 2025 (was €9,865)
- Current portion of long-term debt -€9,635
down €9,635 (-49.4%), from €19,500 to €9,865
- Financial income +€5,908
up €5,908 (+221.5%), from €2,667 to €8,575
- Financial charges +€2,923
up €2,923 (+73.2%), from €3,992 to €6,915
- Gross operating margin +€2,656
up €2,656 (+2.0%), from €133,430 to €136,086
- Taxes +€1,476
up €1,476 (+4.3%), from €34,451 to €35,927
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 | €607,650 | €677,467 | +€69,817 | +11.5% |
| Fixed assets | 21/28 | €203,720 | €202,194 | -€1,526 | -0.7% |
| Tangible fixed assets | 22/27 | €203,720 | €202,194 | -€1,526 | -0.7% |
| Furniture and vehicles | 24 | €1,677 | €13,026 | +€11,349 | +676.7% |
| Other tangible fixed assets | 26 | €202,043 | €189,168 | -€12,875 | -6.4% |
| Current assets | 29/58 | €403,930 | €475,273 | +€71,343 | +17.7% |
| Amounts receivable within one year | 40/41 | €44,925 | €231,613 | +€186,688 | +415.6% |
| Trade receivables | 40 | €19,816 | €19,437 | -€379 | -1.9% |
| Other amounts receivable | 41 | €25,109 | €212,176 | +€187,067 | +745.0% |
| Cash at bank and in hand | 54/58 | €357,234 | €242,002 | -€115,232 | -32.3% |
| Deferred charges and accrued income | 490/1 | €1,771 | €1,658 | -€113 | -6.4% |
| Total equity and liabilities | 10/49 | €607,650 | €677,467 | +€69,817 | +11.5% |
| Equity | 10/15 | €573,994 | €595,917 | +€21,923 | +3.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €528,810 | €549,810 | +€21,000 | +4.0% |
| Tax-exempt reserves | 132 | €54,950 | €54,950 | = | 0.0% |
| Distributable reserves | 133 | €473,860 | €494,860 | +€21,000 | +4.4% |
| Profit (loss) carried forward | 14 | €32,684 | €33,607 | +€923 | +2.8% |
| Amounts payable | 17/49 | €33,656 | €81,550 | +€47,894 | +142.3% |
| Amounts payable after more than one year | 17 | €9,865 | - | -€9,865 | |
| Financial debts | 170/4 | €9,865 | - | -€9,865 | |
| Amounts payable within one year | 42/48 | €23,500 | €81,250 | +€57,750 | +245.7% |
| Current portion of amounts payable after more than one year | 42 | €19,500 | €9,865 | -€9,635 | -49.4% |
| Trade debts | 44 | - | €885 | +€885 | |
| Suppliers | 440/4 | - | €885 | +€885 | |
| Taxes, remuneration and social security | 45 | €4,000 | €8,750 | +€4,750 | +118.8% |
| Taxes | 450/3 | €4,000 | €8,750 | +€4,750 | +118.8% |
| Other amounts payable | 47/48 | - | €61,750 | +€61,750 | |
| Accrued charges and deferred income | 492/3 | €291 | €300 | +€9 | +3.1% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,120 | €14,314 | +€194 | +1.4% |
| Other operating charges | 640/8 | €507 | €582 | +€75 | +14.8% |
| Gross operating margin | 9900 | €133,430 | €136,086 | +€2,656 | +2.0% |
| Operating profit (loss) | 9901 | €118,803 | €121,190 | +€2,387 | +2.0% |
| Financial income | 75/76B | €2,667 | €8,575 | +€5,908 | +221.5% |
| Recurring financial income | 75 | €2,667 | €8,575 | +€5,908 | +221.5% |
| Financial charges | 65/66B | €3,992 | €6,915 | +€2,923 | +73.2% |
| Recurring financial charges | 65 | €3,992 | €6,915 | +€2,923 | +73.2% |
| Profit (loss) for the period before taxes | 9903 | €117,478 | €122,850 | +€5,372 | +4.6% |
| Income taxes | 67/77 | €34,451 | €35,927 | +€1,476 | +4.3% |
| Profit (loss) for the period | 9904 | €83,027 | €86,923 | +€3,896 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €83,027 | €86,923 | +€3,896 | +4.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.