PEKLASS: 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.
PEKLASS
Largest movements
- Tangible fixed assets -€4.0m
down €4.0m (-92.1%), from €4.3m to €342,647
of which Land and buildings: -€3.7m
- Stocks and contracts +€3.8m
up €3.8m (+1225.2%), from €306,732 to €4.1m
of which Stocks: +€4.0m
- Cash -€199,645
down €199,645 (-23.0%), from €867,874 to €668,229
mainly Stocks and contracts (-€3.8m) and Provisions (-€630,000)
- Receivables within one year -€183,344
down €183,344 (-40.2%), from €456,380 to €273,036
of which Trade receivables: -€108,962
- Provisions -€630,000
down €630,000 (-90.0%), from €700,000 to €70,000
- Profit (loss) carried forward +€209,843
up €209,843 (+19.5%), from €1.1m to €1.3m
- Tax, wage and social debts -€193,989
down €193,989 (-60.9%), from €318,282 to €124,293
- Trade debts +€89,720
up €89,720 (+35.5%), from €252,396 to €342,116
- Current portion of long-term debt -€76,532
down €76,532 (-3.4%), from €2.3m to €2.2m
- Turnover -€5.5m
no longer reported in 2025 (was €5.5m)
- Purchases and services -€5.0m
no longer reported in 2025 (was €5.0m)
- Gross operating margin +€142,103
up €142,103 (+27.8%), from €511,387 to €653,490
- Depreciation -€111,416
down €111,416 (-97.5%), from €114,221 to €2,805
- Taxes -€111,057
down €111,057 (-37.8%), from €294,058 to €183,001
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 | €6,094,554 | €5,480,807 | -€613,747 | -10.1% |
| Fixed assets | 21/28 | €4,341,568 | €352,647 | -€4.0m | -91.9% |
| Tangible fixed assets | 22/27 | €4,331,568 | €342,647 | -€4.0m | -92.1% |
| Land and buildings | 22 | €3,883,890 | €153,499 | -€3.7m | -96.0% |
| Plant, machinery and equipment | 23 | €447,678 | €176,155 | -€271,523 | -60.7% |
| Furniture and vehicles | 24 | - | €12,993 | +€12,993 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €1,752,986 | €5,128,160 | +€3.4m | +192.5% |
| Amounts receivable after more than one year | 29 | €122,000 | €122,000 | = | 0.0% |
| Other amounts receivable | 291 | €122,000 | €122,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €306,732 | €4,064,895 | +€3.8m | +1225.2% |
| Stocks | 30/36 | - | €4,011,412 | +€4.0m | |
| Contracts in progress | 37 | €306,732 | €53,483 | -€253,249 | -82.6% |
| Amounts receivable within one year | 40/41 | €456,380 | €273,036 | -€183,344 | -40.2% |
| Trade receivables | 40 | €336,389 | €227,427 | -€108,962 | -32.4% |
| Other amounts receivable | 41 | €119,991 | €45,609 | -€74,382 | -62.0% |
| Cash at bank and in hand | 54/58 | €867,874 | €668,229 | -€199,645 | -23.0% |
| Total equity and liabilities | 10/49 | €6,094,554 | €5,480,807 | -€613,747 | -10.1% |
| Equity | 10/15 | €2,517,087 | €2,726,930 | +€209,843 | +8.3% |
| Contributions | 10/11 | €26,200 | €26,200 | = | 0.0% |
| Capital | 10 | €26,200 | - | -€26,200 | |
| Issued capital | 100 | €26,200 | - | -€26,200 | |
| Reserves | 13 | €1,416,070 | €1,416,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,408 | €2,408 | = | 0.0% |
| Legal reserve | 130 | €2,408 | - | -€2,408 | |
| Reserves not available under the articles | 1311 | - | €2,408 | +€2,408 | |
| Tax-exempt reserves | 132 | €870,244 | €870,244 | = | 0.0% |
| Distributable reserves | 133 | €543,418 | €543,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,074,817 | €1,284,660 | +€209,843 | +19.5% |
| Provisions and deferred taxes | 16 | €700,000 | €70,000 | -€630,000 | -90.0% |
| Provisions for liabilities and charges | 160/5 | €700,000 | €70,000 | -€630,000 | -90.0% |
| Major repairs and maintenance | 162 | €700,000 | €70,000 | -€630,000 | -90.0% |
| Amounts payable | 17/49 | €2,877,467 | €2,683,877 | -€193,590 | -6.7% |
| Amounts payable after more than one year | 17 | €34,653 | €9,049 | -€25,604 | -73.9% |
| Financial debts | 170/4 | €34,653 | €9,049 | -€25,604 | -73.9% |
| Amounts payable within one year | 42/48 | €2,842,814 | €2,662,013 | -€180,801 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €2,272,136 | €2,195,604 | -€76,532 | -3.4% |
| Trade debts | 44 | €252,396 | €342,116 | +€89,720 | +35.5% |
| Suppliers | 440/4 | €252,396 | €342,116 | +€89,720 | +35.5% |
| Taxes, remuneration and social security | 45 | €318,282 | €124,293 | -€193,989 | -60.9% |
| Taxes | 450/3 | €318,282 | €124,293 | -€193,989 | -60.9% |
| Accrued charges and deferred income | 492/3 | - | €12,815 | +€12,815 | |
| Turnover | 70 | €5,532,805 | - | -€5.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,021,418 | - | -€5.0m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,221 | €2,805 | -€111,416 | -97.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€30,000 | €70,000 | +€100,000 | |
| Other operating charges | 640/8 | €29,167 | €25,330 | -€3,837 | -13.2% |
| Gross operating margin | 9900 | €511,387 | €653,490 | +€142,103 | +27.8% |
| Operating profit (loss) | 9901 | €397,999 | €555,355 | +€157,356 | +39.5% |
| Financial income | 75/76B | €977 | €31,206 | +€30,229 | +3094.1% |
| Recurring financial income | 75 | €977 | €31,206 | +€30,229 | +3094.1% |
| Financial charges | 65/66B | €15,382 | €108,003 | +€92,621 | +602.1% |
| Recurring financial charges | 65 | €15,382 | €108,003 | +€92,621 | +602.1% |
| Profit (loss) for the period before taxes | 9903 | €383,594 | €478,558 | +€94,964 | +24.8% |
| Income taxes | 67/77 | €294,058 | €183,001 | -€111,057 | -37.8% |
| Profit (loss) for the period | 9904 | €89,536 | €295,557 | +€206,021 | +230.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,536 | €295,557 | +€206,021 | +230.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.