PELMA: 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.
PELMA
Largest movements
- Stocks and contracts -€22,750
down €22,750 (-2.2%), from €1.0m to €998,750
- Cash -€14,073
down €14,073 (-78.8%), from €17,868 to €3,795
mainly Other debts (-€21,600) and Net result for the year (-€16,993)
- Other debts -€21,600
down €21,600 (-4.0%), from €536,440 to €514,840
- Profit (loss) carried forward -€16,993
down €16,993 (-3.0%), from -€560,555 to -€577,548
- Gross operating margin -€6,599
down €6,599 (-11.6%), from €56,777 to €50,178
- Staff costs +€1,603
up €1,603 (+3.2%), from €49,639 to €51,242
- Financial charges -€1,198
down €1,198 (-10.3%), from €11,637 to €10,440
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 | €1,050,610 | €1,012,725 | -€37,885 | -3.6% |
| Fixed assets | 21/28 | €7,380 | €6,621 | -€759 | -10.3% |
| Tangible fixed assets | 22/27 | €2,266 | €1,507 | -€759 | -33.5% |
| Plant, machinery and equipment | 23 | €2,266 | €1,507 | -€759 | -33.5% |
| Financial fixed assets | 28 | €5,115 | €5,115 | = | 0.0% |
| Current assets | 29/58 | €1,043,229 | €1,006,103 | -€37,126 | -3.6% |
| Stocks and contracts in progress | 3 | €1,021,500 | €998,750 | -€22,750 | -2.2% |
| Stocks | 30/36 | €1,021,500 | €998,750 | -€22,750 | -2.2% |
| Amounts receivable within one year | 40/41 | €354 | - | -€354 | |
| Trade receivables | 40 | €354 | - | -€354 | |
| Cash at bank and in hand | 54/58 | €17,868 | €3,795 | -€14,073 | -78.8% |
| Deferred charges and accrued income | 490/1 | €3,507 | €3,558 | +€51 | +1.5% |
| Total equity and liabilities | 10/49 | €1,050,610 | €1,012,725 | -€37,885 | -3.6% |
| Equity | 10/15 | €413,278 | €396,285 | -€16,993 | -4.1% |
| Contributions | 10/11 | €255,000 | €255,000 | = | 0.0% |
| Capital | 10 | €255,000 | €255,000 | = | 0.0% |
| Issued capital | 100 | €255,000 | €255,000 | = | 0.0% |
| Reserves | 13 | €718,833 | €718,833 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,461 | €25,461 | = | 0.0% |
| Legal reserve | 130 | €25,409 | €25,409 | = | 0.0% |
| Reserves not available under the articles | 1311 | €52 | €52 | = | 0.0% |
| Distributable reserves | 133 | €693,372 | €693,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€560,555 | -€577,548 | -€16,993 | -3.0% |
| Amounts payable | 17/49 | €637,332 | €616,440 | -€20,892 | -3.3% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €558,797 | €538,315 | -€20,482 | -3.7% |
| Trade debts | 44 | €11,882 | €12,774 | +€891 | +7.5% |
| Suppliers | 440/4 | €11,882 | €12,774 | +€891 | +7.5% |
| Taxes, remuneration and social security | 45 | €10,475 | €10,702 | +€227 | +2.2% |
| Taxes | 450/3 | €4,297 | €2,710 | -€1,587 | -36.9% |
| Remuneration and social security | 454/9 | €6,178 | €7,992 | +€1,814 | +29.4% |
| Other amounts payable | 47/48 | €536,440 | €514,840 | -€21,600 | -4.0% |
| Accrued charges and deferred income | 492/3 | €3,535 | €3,124 | -€410 | -11.6% |
| Remuneration, social security and pensions | 62 | €49,639 | €51,242 | +€1,603 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €579 | €759 | +€180 | +31.1% |
| Other operating charges | 640/8 | €4,790 | €4,923 | +€133 | +2.8% |
| Gross operating margin | 9900 | €56,777 | €50,178 | -€6,599 | -11.6% |
| Operating profit (loss) | 9901 | €1,769 | -€6,746 | -€8,515 | |
| Financial income | 75/76B | €10 | €193 | +€183 | +1814.8% |
| Recurring financial income | 75 | €10 | €193 | +€183 | +1814.8% |
| Financial charges | 65/66B | €11,637 | €10,440 | -€1,198 | -10.3% |
| Recurring financial charges | 65 | €11,637 | €10,440 | -€1,198 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,858 | -€16,993 | -€7,134 | -72.4% |
| Profit (loss) for the period | 9904 | -€9,858 | -€16,993 | -€7,134 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,858 | -€16,993 | -€7,134 | -72.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.