PELIN 2018: 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.
PELIN 2018
Largest movements
- Cash -€1,635
down €1,635 (-61.7%), from €2,650 to €1,015
mainly Net result for the year (-€1,427) and Tax, wage and social debts (-€214)
- Profit (loss) carried forward -€1,427
down €1,427, from €983 to -€443
- Tax, wage and social debts -€214
down €214 (-4.9%), from €4,331 to €4,117
of which Taxes: -€214
- Gross operating margin -€3,236
down €3,236, from €2,440 to -€796
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 | €13,215 | €11,574 | -€1,641 | -12.4% |
| Current assets | 29/58 | €13,215 | €11,574 | -€1,641 | -12.4% |
| Stocks and contracts in progress | 3 | €9,818 | €9,833 | +€15 | +0.2% |
| Stocks | 30/36 | €9,818 | €9,833 | +€15 | +0.2% |
| Amounts receivable within one year | 40/41 | €747 | €726 | -€21 | -2.8% |
| Trade receivables | 40 | €726 | €726 | = | 0.0% |
| Other amounts receivable | 41 | €21 | - | -€21 | |
| Cash at bank and in hand | 54/58 | €2,650 | €1,015 | -€1,635 | -61.7% |
| Total equity and liabilities | 10/49 | €13,215 | €11,574 | -€1,641 | -12.4% |
| Equity | 10/15 | €3,983 | €2,557 | -€1,427 | -35.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €983 | -€443 | -€1,427 | |
| Amounts payable | 17/49 | €9,231 | €9,017 | -€214 | -2.3% |
| Amounts payable within one year | 42/48 | €9,231 | €9,017 | -€214 | -2.3% |
| Taxes, remuneration and social security | 45 | €4,331 | €4,117 | -€214 | -4.9% |
| Taxes | 450/3 | €381 | €167 | -€214 | -56.2% |
| Remuneration and social security | 454/9 | €3,950 | €3,950 | = | 0.0% |
| Other amounts payable | 47/48 | €4,900 | €4,900 | = | 0.0% |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €2,440 | -€796 | -€3,236 | |
| Operating profit (loss) | 9901 | €2,053 | -€1,196 | -€3,249 | |
| Financial charges | 65/66B | €214 | €231 | +€17 | +7.9% |
| Recurring financial charges | 65 | €214 | €231 | +€17 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €1,839 | -€1,427 | -€3,266 | |
| Profit (loss) for the period | 9904 | €1,839 | -€1,427 | -€3,266 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,839 | -€1,427 | -€3,266 |
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 11 October 2026 via checked.be.