PELILAND: 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.
PELILAND
Largest movements
- Tangible fixed assets -€86,178
down €86,178 (-6.5%), from €1.3m to €1.2m
of which Land and buildings: -€84,029
- Profit (loss) carried forward -€64,437
down €64,437 (-20.2%), from -€319,000 to -€383,437
- Debts after one year -€44,064
down €44,064 (-7.1%), from €624,324 to €580,259
- Other debts +€26,646
up €26,646 (+9.5%), from €279,557 to €306,203
- Revaluation surpluses -€14,657
down €14,657 (-6.3%), from €232,739 to €218,083
- Reserves +€14,657
up €14,657 (+3.2%), from €459,199 to €473,855
- Gross operating margin -€42,637
down €42,637 (-45.9%), from €92,960 to €50,323
- Financial charges -€8,227
down €8,227 (-32.1%), from €25,657 to €17,430
- Other operating charges +€3,502
up €3,502 (+77.7%), from €4,506 to €8,007
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 | €1,340,709 | €1,250,096 | -€90,613 | -6.8% |
| Fixed assets | 21/28 | €1,330,613 | €1,244,435 | -€86,178 | -6.5% |
| Tangible fixed assets | 22/27 | €1,330,613 | €1,244,435 | -€86,178 | -6.5% |
| Land and buildings | 22 | €1,317,385 | €1,233,356 | -€84,029 | -6.4% |
| Plant, machinery and equipment | 23 | €11,768 | €10,622 | -€1,146 | -9.7% |
| Furniture and vehicles | 24 | €1,461 | €457 | -€1,004 | -68.7% |
| Current assets | 29/58 | €10,095 | €5,661 | -€4,434 | -43.9% |
| Amounts receivable within one year | 40/41 | €7,980 | €674 | -€7,306 | -91.6% |
| Other amounts receivable | 41 | €7,980 | €674 | -€7,306 | -91.6% |
| Cash at bank and in hand | 54/58 | €1,400 | €4,684 | +€3,285 | +235% |
| Deferred charges and accrued income | 490/1 | €716 | €303 | -€413 | -57.7% |
| Total equity and liabilities | 10/49 | €1,340,709 | €1,250,096 | -€90,613 | -6.8% |
| Equity | 10/15 | €372,939 | €308,501 | -€64,437 | -17.3% |
| Revaluation surpluses | 12 | €232,739 | €218,083 | -€14,657 | -6.3% |
| Reserves | 13 | €459,199 | €473,855 | +€14,657 | +3.2% |
| Distributable reserves | 133 | €459,199 | €473,855 | +€14,657 | +3.2% |
| Profit (loss) carried forward | 14 | -€319,000 | -€383,437 | -€64,437 | -20.2% |
| Amounts payable | 17/49 | €967,770 | €941,595 | -€26,175 | -2.7% |
| Amounts payable after more than one year | 17 | €624,324 | €580,259 | -€44,064 | -7.1% |
| Financial debts | 170/4 | €624,324 | €580,259 | -€44,064 | -7.1% |
| Amounts payable within one year | 42/48 | €343,447 | €359,625 | +€16,179 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €59,036 | €53,008 | -€6,028 | -10.2% |
| Trade debts | 44 | €4,853 | €415 | -€4,439 | -91.5% |
| Suppliers | 440/4 | €4,853 | €415 | -€4,439 | -91.5% |
| Other amounts payable | 47/48 | €279,557 | €306,203 | +€26,646 | +9.5% |
| Accrued charges and deferred income | 492/3 | - | €1,710 | +€1,710 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,910 | €89,323 | +€413 | +0.5% |
| Other operating charges | 640/8 | €4,506 | €8,007 | +€3,502 | +77.7% |
| Gross operating margin | 9900 | €92,960 | €50,323 | -€42,637 | -45.9% |
| Operating profit (loss) | 9901 | -€456 | -€47,007 | -€46,551 | -10,203% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €25,657 | €17,430 | -€8,227 | -32.1% |
| Recurring financial charges | 65 | €25,657 | €17,430 | -€8,227 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,109 | -€64,437 | -€38,328 | -147% |
| Profit (loss) for the period | 9904 | -€26,109 | -€64,437 | -€38,328 | -147% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,109 | -€64,437 | -€38,328 | -147% |
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 15 October 2026 via checked.be.