PEJSE: 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.
PEJSE
Largest movements
- Receivables within one year +€12,810
up €12,810 (+17.4%), from €73,623 to €86,433
of which Trade receivables: +€12,810
- Reserves +€47,641
up €47,641 (+20.9%), from €227,617 to €275,258
- Other debts -€32,144
down €32,144 (-7.8%), from €410,849 to €378,704
- Financial charges -€1,532
down €1,532 (-16.1%), from €9,493 to €7,961
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 | €1,135,353 | €1,147,799 | +€12,446 | +1.1% |
| Fixed assets | 21/28 | €1,060,641 | €1,061,366 | +€725 | +0.1% |
| Tangible fixed assets | 22/27 | €541 | €1,266 | +€725 | +134% |
| Furniture and vehicles | 24 | €541 | €1,266 | +€725 | +134% |
| Financial fixed assets | 28 | €1,060,100 | €1,060,100 | = | 0.0% |
| Current assets | 29/58 | €74,712 | €86,433 | +€11,721 | +15.7% |
| Amounts receivable within one year | 40/41 | €73,623 | €86,433 | +€12,810 | +17.4% |
| Trade receivables | 40 | €49,748 | €62,558 | +€12,810 | +25.7% |
| Other amounts receivable | 41 | €23,875 | €23,875 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,089 | €0 | -€1,089 | -100% |
| Total equity and liabilities | 10/49 | €1,135,353 | €1,147,799 | +€12,446 | +1.1% |
| Equity | 10/15 | €693,214 | €740,855 | +€47,641 | +6.9% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €227,617 | €275,258 | +€47,641 | +20.9% |
| Distributable reserves | 133 | €227,617 | €275,258 | +€47,641 | +20.9% |
| Profit (loss) carried forward | 14 | €428,097 | €428,097 | = | 0.0% |
| Amounts payable | 17/49 | €442,139 | €406,944 | -€35,195 | -8.0% |
| Amounts payable within one year | 42/48 | €442,139 | €406,944 | -€35,195 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €5,079 | €8,804 | +€3,725 | +73.3% |
| Financial debts | 43 | €7,961 | €3,145 | -€4,816 | -60.5% |
| Credit institutions | 430/8 | €7,961 | €3,145 | -€4,816 | -60.5% |
| Trade debts | 44 | €2,974 | €1,101 | -€1,873 | -63.0% |
| Suppliers | 440/4 | €2,974 | €1,101 | -€1,873 | -63.0% |
| Taxes, remuneration and social security | 45 | €15,276 | €15,190 | -€86 | -0.6% |
| Taxes | 450/3 | €15,276 | €15,190 | -€86 | -0.6% |
| Other amounts payable | 47/48 | €410,849 | €378,704 | -€32,144 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €637 | €633 | -€4 | -0.6% |
| Other operating charges | 640/8 | €1,040 | €968 | -€73 | -7.0% |
| Gross operating margin | 9900 | €83,710 | €83,676 | -€34 | 0.0% |
| Operating profit (loss) | 9901 | €82,034 | €82,076 | +€43 | +0.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €9,493 | €7,961 | -€1,532 | -16.1% |
| Recurring financial charges | 65 | €9,493 | €7,961 | -€1,532 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €72,541 | €74,115 | +€1,574 | +2.2% |
| Income taxes | 67/77 | €23,561 | €23,474 | -€86 | -0.4% |
| Profit (loss) for the period | 9904 | €48,980 | €50,641 | +€1,661 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,980 | €50,641 | +€1,661 | +3.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.