PEKA Group: 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.
PEKA Group
Largest movements
- Receivables within one year -€98,171
down €98,171 (-43.8%), from €224,280 to €126,108
of which Trade receivables: -€95,889
- Cash +€43,804
up €43,804 (+721%), from €6,076 to €49,881
mainly Other debts (+€491,913) and Depreciation (+€103,214)
- Tangible fixed assets +€36,071
up €36,071 (+1.7%), from €2.1m to €2.1m
of which Plant, machinery and equipment: +€110,062
- Other debts +€491,913
up €491,913 (+150%), from €327,678 to €819,592
- Short-term financial debts -€412,650
down €412,650 (-45.1%), from €915,095 to €502,445
- Debts after one year -€119,966
down €119,966 (-11.1%), from €1.1m to €961,854
- Reserves +€27,140
up €27,140 (+43.2%), from €62,777 to €89,917
- Trade debts +€26,468
up €26,468 (+16.9%), from €157,041 to €183,509
- Depreciation +€36,193
up €36,193 (+54.0%), from €67,021 to €103,214
- Staff costs -€28,242
down €28,242 (-25.2%), from €112,093 to €83,851
- Gross operating margin +€18,897
up €18,897 (+5.8%), from €324,911 to €343,807
- Other operating charges -€8,958
down €8,958 (-30.1%), from €29,720 to €20,762
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 | €2,465,781 | €2,461,770 | -€4,011 | -0.2% |
| Fixed assets | 21/28 | €2,202,116 | €2,237,736 | +€35,621 | +1.6% |
| Tangible fixed assets | 22/27 | €2,071,531 | €2,107,601 | +€36,071 | +1.7% |
| Land and buildings | 22 | €1,802,534 | €1,753,363 | -€49,171 | -2.7% |
| Plant, machinery and equipment | 23 | €163,950 | €274,012 | +€110,062 | +67.1% |
| Furniture and vehicles | 24 | €105,047 | €80,227 | -€24,820 | -23.6% |
| Financial fixed assets | 28 | €130,585 | €130,135 | -€450 | -0.3% |
| Current assets | 29/58 | €263,665 | €224,033 | -€39,632 | -15.0% |
| Stocks and contracts in progress | 3 | €1,330 | €0 | -€1,330 | -100% |
| Stocks | 30/36 | €1,330 | €0 | -€1,330 | -100% |
| Amounts receivable within one year | 40/41 | €224,280 | €126,108 | -€98,171 | -43.8% |
| Trade receivables | 40 | €221,997 | €126,108 | -€95,889 | -43.2% |
| Other amounts receivable | 41 | €2,283 | €0 | -€2,283 | -100% |
| Current investments | 50/53 | €30,023 | €47,020 | +€16,997 | +56.6% |
| Cash at bank and in hand | 54/58 | €6,076 | €49,881 | +€43,804 | +721% |
| Deferred charges and accrued income | 490/1 | €1,956 | €1,024 | -€932 | -47.6% |
| Total equity and liabilities | 10/49 | €2,465,781 | €2,461,770 | -€4,011 | -0.2% |
| Equity | 10/15 | -€144,353 | -€117,213 | +€27,140 | +18.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,777 | €89,917 | +€27,140 | +43.2% |
| Distributable reserves | 133 | €62,777 | €89,917 | +€27,140 | +43.2% |
| Profit (loss) carried forward | 14 | -€213,330 | -€213,330 | = | 0.0% |
| Amounts payable | 17/49 | €2,610,134 | €2,578,983 | -€31,151 | -1.2% |
| Amounts payable after more than one year | 17 | €1,081,821 | €961,854 | -€119,966 | -11.1% |
| Financial debts | 170/4 | €1,081,821 | €961,854 | -€119,966 | -11.1% |
| Amounts payable within one year | 42/48 | €1,528,194 | €1,616,324 | +€88,130 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €69,337 | €61,633 | -€7,704 | -11.1% |
| Financial debts | 43 | €915,095 | €502,445 | -€412,650 | -45.1% |
| Credit institutions | 430/8 | €915,095 | €502,445 | -€412,650 | -45.1% |
| Trade debts | 44 | €157,041 | €183,509 | +€26,468 | +16.9% |
| Suppliers | 440/4 | €157,041 | €183,509 | +€26,468 | +16.9% |
| Taxes, remuneration and social security | 45 | €59,042 | €49,145 | -€9,897 | -16.8% |
| Taxes | 450/3 | €23,470 | €37,892 | +€14,422 | +61.4% |
| Remuneration and social security | 454/9 | €35,572 | €11,253 | -€24,319 | -68.4% |
| Other amounts payable | 47/48 | €327,678 | €819,592 | +€491,913 | +150% |
| Accrued charges and deferred income | 492/3 | €120 | €805 | +€685 | +571% |
| Non-recurring operating income | 76A | €827 | €63,318 | +€62,491 | +7,561% |
| Remuneration, social security and pensions | 62 | €112,093 | €83,851 | -€28,242 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,021 | €103,214 | +€36,193 | +54.0% |
| Other operating charges | 640/8 | €29,720 | €20,762 | -€8,958 | -30.1% |
| Non-recurring operating charges | 66A | €0 | €1,799 | +€1,799 | |
| Gross operating margin | 9900 | €324,911 | €343,807 | +€18,897 | +5.8% |
| Operating profit (loss) | 9901 | €116,077 | €134,181 | +€18,104 | +15.6% |
| Financial income | 75/76B | €87 | €83 | -€4 | -4.3% |
| Recurring financial income | 75 | €87 | €83 | -€4 | -4.3% |
| Financial charges | 65/66B | €105,097 | €104,244 | -€853 | -0.8% |
| Recurring financial charges | 65 | €105,097 | €104,244 | -€853 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €11,067 | €30,019 | +€18,952 | +171% |
| Income taxes | 67/77 | - | €2,879 | +€2,879 | |
| Profit (loss) for the period | 9904 | €11,067 | €27,140 | +€16,073 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €11,067 | €27,140 | +€16,073 | +145% |
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 27 October 2026 via checked.be.