PEKO INSTALLATIONS: 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.
PEKO INSTALLATIONS
Largest movements
- Receivables within one year +€66,732
up €66,732 (+111.2%), from €60,000 to €126,732
of which Trade receivables: +€66,732
- Cash -€29,378
down €29,378 (-43.7%), from €67,278 to €37,900
mainly Receivables within one year (-€66,732) and Contributions, distributions and other (-€17,103)
- Tangible fixed assets -€7,117
down €7,117 (-27.0%), from €26,396 to €19,278
- Reserves +€22,104
up €22,104 (+19.0%), from €116,527 to €138,631
- Tax, wage and social debts +€15,990
up €15,990 (+125.6%), from €12,736 to €28,726
- Debts after one year -€8,356
down €8,356 (-100.0%), from €8,356 to €0
- Other debts +€2,761
up €2,761 (+233.6%), from €1,182 to €3,943
- Gross operating margin +€29,710
up €29,710 (+75.6%), from €39,305 to €69,015
- Taxes +€7,810
up €7,810 (+100.9%), from €7,738 to €15,548
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 | €155,701 | €187,313 | +€31,613 | +20.3% |
| Fixed assets | 21/28 | €28,416 | €21,298 | -€7,117 | -25.0% |
| Tangible fixed assets | 22/27 | €26,396 | €19,278 | -€7,117 | -27.0% |
| Furniture and vehicles | 24 | €26,396 | €19,278 | -€7,117 | -27.0% |
| Financial fixed assets | 28 | €2,020 | €2,020 | = | 0.0% |
| Current assets | 29/58 | €127,285 | €166,015 | +€38,730 | +30.4% |
| Amounts receivable within one year | 40/41 | €60,000 | €126,732 | +€66,732 | +111.2% |
| Trade receivables | 40 | €0 | €66,732 | +€66,732 | |
| Other amounts receivable | 41 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,278 | €37,900 | -€29,378 | -43.7% |
| Deferred charges and accrued income | 490/1 | €7 | €1,383 | +€1,376 | +19490.8% |
| Total equity and liabilities | 10/49 | €155,701 | €187,313 | +€31,613 | +20.3% |
| Equity | 10/15 | €122,727 | €144,831 | +€22,104 | +18.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,527 | €138,631 | +€22,104 | +19.0% |
| Distributable reserves | 133 | €116,527 | €138,631 | +€22,104 | +19.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,974 | €42,482 | +€9,508 | +28.8% |
| Amounts payable after more than one year | 17 | €8,356 | €0 | -€8,356 | -100.0% |
| Financial debts | 170/4 | €8,356 | €0 | -€8,356 | -100.0% |
| Amounts payable within one year | 42/48 | €24,618 | €42,482 | +€17,864 | +72.6% |
| Current portion of amounts payable after more than one year | 42 | €9,928 | €8,356 | -€1,572 | -15.8% |
| Trade debts | 44 | €604 | €1,457 | +€853 | +141.3% |
| Suppliers | 440/4 | €604 | €1,457 | +€853 | +141.3% |
| Advances received on contracts in progress | 46 | €168 | €0 | -€168 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,736 | €28,726 | +€15,990 | +125.6% |
| Taxes | 450/3 | €12,736 | €28,726 | +€15,990 | +125.6% |
| Other amounts payable | 47/48 | €1,182 | €3,943 | +€2,761 | +233.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,465 | €13,117 | +€653 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €833 | €854 | +€21 | +2.5% |
| Gross operating margin | 9900 | €39,305 | €69,015 | +€29,710 | +75.6% |
| Operating profit (loss) | 9901 | €26,008 | €55,044 | +€29,036 | +111.6% |
| Financial income | 75/76B | €49 | €101 | +€52 | +106.2% |
| Recurring financial income | 75 | €49 | €101 | +€52 | +106.2% |
| Financial charges | 65/66B | €372 | €390 | +€17 | +4.7% |
| Recurring financial charges | 65 | €372 | €390 | +€17 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €25,685 | €54,755 | +€29,071 | +113.2% |
| Income taxes | 67/77 | €7,738 | €15,548 | +€7,810 | +100.9% |
| Profit (loss) for the period | 9904 | €17,946 | €39,208 | +€21,261 | +118.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,946 | €39,208 | +€21,261 | +118.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.