Pek Group: what changed
Pek Group
Largest movements
- Receivables within one year -€14,149
down €14,149 (-30.3%), from €46,651 to €32,502
of which Trade receivables: -€17,588
- Tangible fixed assets -€10,230
down €10,230 (-21.1%), from €48,402 to €38,172
- Cash -€1,194
down €1,194 (-93.1%), from €1,283 to €89
mainly Debts after one year (-€12,173) and Other debts (-€8,385)
- Profit (loss) carried forward -€28,273
no longer reported in 2025 (was €28,273)
- Reserves +€22,534
new in 2025: €22,534
- Debts after one year -€12,173
down €12,173 (-33.7%), from €36,133 to €23,960
- Other debts -€8,385
down €8,385 (-85.5%), from €9,802 to €1,416
- Trade debts +€2,615
up €2,615 (+1,800%), from €145 to €2,761
- Gross operating margin -€29,547
down €29,547 (-74.0%), from €39,918 to €10,371
- Depreciation +€7,483
up €7,483 (+272%), from €2,747 to €10,230
- Taxes -€7,281
no longer reported in 2025 (was €7,281)
- Financial charges +€2,250
up €2,250 (+369%), from €610 to €2,860
- Other operating charges +€1,723
up €1,723 (+273%), from €632 to €2,354
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,336 | €70,764 | -€25,573 | -26.5% |
| Fixed assets | 21/28 | €48,402 | €38,172 | -€10,230 | -21.1% |
| Tangible fixed assets | 22/27 | €48,402 | €38,172 | -€10,230 | -21.1% |
| Furniture and vehicles | 24 | €48,402 | €38,172 | -€10,230 | -21.1% |
| Current assets | 29/58 | €47,934 | €32,592 | -€15,343 | -32.0% |
| Amounts receivable within one year | 40/41 | €46,651 | €32,502 | -€14,149 | -30.3% |
| Trade receivables | 40 | €45,882 | €28,294 | -€17,588 | -38.3% |
| Other amounts receivable | 41 | €769 | €4,208 | +€3,439 | +447% |
| Cash at bank and in hand | 54/58 | €1,283 | €89 | -€1,194 | -93.1% |
| Total equity and liabilities | 10/49 | €96,336 | €70,764 | -€25,573 | -26.5% |
| Equity | 10/15 | €31,273 | €25,534 | -€5,739 | -18.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €22,534 | +€22,534 | |
| Distributable reserves | 133 | - | €22,534 | +€22,534 | |
| Profit (loss) carried forward | 14 | €28,273 | - | -€28,273 | |
| Amounts payable | 17/49 | €65,064 | €45,230 | -€19,834 | -30.5% |
| Amounts payable after more than one year | 17 | €36,133 | €23,960 | -€12,173 | -33.7% |
| Financial debts | 170/4 | €36,133 | €23,960 | -€12,173 | -33.7% |
| Amounts payable within one year | 42/48 | €28,930 | €21,270 | -€7,661 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €11,579 | €12,173 | +€593 | +5.1% |
| Trade debts | 44 | €145 | €2,761 | +€2,615 | +1,800% |
| Suppliers | 440/4 | €145 | €2,761 | +€2,615 | +1,800% |
| Taxes, remuneration and social security | 45 | €7,404 | €4,920 | -€2,484 | -33.5% |
| Taxes | 450/3 | €7,404 | €4,920 | -€2,484 | -33.5% |
| Other amounts payable | 47/48 | €9,802 | €1,416 | -€8,385 | -85.5% |
| Remuneration, social security and pensions | 62 | €375 | €666 | +€290 | +77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,747 | €10,230 | +€7,483 | +272% |
| Other operating charges | 640/8 | €632 | €2,354 | +€1,723 | +273% |
| Gross operating margin | 9900 | €39,918 | €10,371 | -€29,547 | -74.0% |
| Operating profit (loss) | 9901 | €36,164 | -€2,879 | -€39,043 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €610 | €2,860 | +€2,250 | +369% |
| Recurring financial charges | 65 | €610 | €2,860 | +€2,250 | +369% |
| Profit (loss) for the period before taxes | 9903 | €35,554 | -€5,739 | -€41,293 | |
| Income taxes | 67/77 | €7,281 | - | -€7,281 | |
| Profit (loss) for the period | 9904 | €28,273 | -€5,739 | -€34,012 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,273 | -€5,739 | -€34,012 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.