PELIN EYE: 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 EYE
Largest movements
- Receivables after one year -€61,005
no longer reported in 2025 (was €61,005)
- Cash +€53,211
up €53,211 (+60.9%), from €87,320 to €140,531
mainly Net result for the year (+€111,879) and Receivables after one year (+€61,005)
- Deferred charges and accrued income -€17,483
down €17,483 (-72.2%), from €24,218 to €6,734
- Other debts -€36,274
down €36,274 (-19.0%), from €190,812 to €154,538
- Tax, wage and social debts +€10,100
up €10,100 (+81.5%), from €12,400 to €22,500
- Trade debts -€2,322
no longer reported in 2025 (was €2,322)
- Gross operating margin -€1,809
down €1,809 (-1.2%), from €155,871 to €154,062
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 | €208,207 | €181,994 | -€26,213 | -12.6% |
| Fixed assets | 21/28 | €28,873 | €26,859 | -€2,014 | -7.0% |
| Tangible fixed assets | 22/27 | €28,873 | €26,859 | -€2,014 | -7.0% |
| Land and buildings | 22 | €21,444 | €18,526 | -€2,918 | -13.6% |
| Furniture and vehicles | 24 | €5,091 | €6,412 | +€1,321 | +25.9% |
| Other tangible fixed assets | 26 | €2,339 | €1,921 | -€417 | -17.8% |
| Current assets | 29/58 | €179,334 | €155,135 | -€24,198 | -13.5% |
| Amounts receivable after more than one year | 29 | €61,005 | - | -€61,005 | |
| Other amounts receivable | 291 | €61,005 | - | -€61,005 | |
| Amounts receivable within one year | 40/41 | €6,791 | €7,870 | +€1,079 | +15.9% |
| Other amounts receivable | 41 | €6,791 | €7,870 | +€1,079 | +15.9% |
| Cash at bank and in hand | 54/58 | €87,320 | €140,531 | +€53,211 | +60.9% |
| Deferred charges and accrued income | 490/1 | €24,218 | €6,734 | -€17,483 | -72.2% |
| Total equity and liabilities | 10/49 | €208,207 | €181,994 | -€26,213 | -12.6% |
| Equity | 10/15 | €2,545 | €4,424 | +€1,879 | +73.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45 | €1,924 | +€1,879 | +4162.3% |
| Amounts payable | 17/49 | €205,662 | €177,570 | -€28,092 | -13.7% |
| Amounts payable within one year | 42/48 | €205,534 | €177,038 | -€28,496 | -13.9% |
| Trade debts | 44 | €2,322 | - | -€2,322 | |
| Suppliers | 440/4 | €2,322 | - | -€2,322 | |
| Taxes, remuneration and social security | 45 | €12,400 | €22,500 | +€10,100 | +81.5% |
| Taxes | 450/3 | €12,400 | €22,500 | +€10,100 | +81.5% |
| Other amounts payable | 47/48 | €190,812 | €154,538 | -€36,274 | -19.0% |
| Accrued charges and deferred income | 492/3 | €128 | €532 | +€404 | +315.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,797 | €7,109 | -€688 | -8.8% |
| Other operating charges | 640/8 | €152 | €952 | +€801 | +527.7% |
| Gross operating margin | 9900 | €155,871 | €154,062 | -€1,809 | -1.2% |
| Operating profit (loss) | 9901 | €147,922 | €146,000 | -€1,921 | -1.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €667 | €201 | -€467 | -69.9% |
| Recurring financial charges | 65 | €667 | €201 | -€467 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €147,254 | €145,800 | -€1,454 | -1.0% |
| Income taxes | 67/77 | €33,209 | €33,921 | +€711 | +2.1% |
| Profit (loss) for the period | 9904 | €114,045 | €111,879 | -€2,166 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €114,045 | €111,879 | -€2,166 | -1.9% |
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 12 October 2026 via checked.be.