Pelt Recycling: 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.
Pelt Recycling
Largest movements
- Receivables within one year +€255,847
up €255,847 (+85.9%), from €297,847 to €553,695
of which Trade receivables: +€263,135
- Stocks and contracts -€54,191
down €54,191 (-28.7%), from €188,803 to €134,612
- Trade debts +€197,537
up €197,537 (+48.8%), from €404,796 to €602,334
- Tax, wage and social debts +€9,209
up €9,209 (+40.8%), from €22,560 to €31,770
- Gross operating margin -€36,007
down €36,007 (-53.8%), from €66,980 to €30,973
- Other operating charges +€28,235
up €28,235 (+2,507%), from €1,126 to €29,361
- Taxes -€16,792
down €16,792 (-89.2%), from €18,823 to €2,030
- Financial income -€16,659
down €16,659 (-68.6%), from €24,285 to €7,626
- Write-downs +€7,570
up €7,570 (+51.7%), from -€14,656 to -€7,085
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 | €528,409 | €725,859 | +€197,450 | +37.4% |
| Fixed assets | 21/28 | €40,073 | €34,904 | -€5,169 | -12.9% |
| Tangible fixed assets | 22/27 | €40,073 | €34,904 | -€5,169 | -12.9% |
| Plant, machinery and equipment | 23 | €2,182 | €3,099 | +€917 | +42.0% |
| Furniture and vehicles | 24 | €8,746 | €6,658 | -€2,088 | -23.9% |
| Other tangible fixed assets | 26 | €29,145 | €25,147 | -€3,998 | -13.7% |
| Current assets | 29/58 | €488,336 | €690,955 | +€202,619 | +41.5% |
| Stocks and contracts in progress | 3 | €188,803 | €134,612 | -€54,191 | -28.7% |
| Stocks | 30/36 | €188,803 | €134,612 | -€54,191 | -28.7% |
| Amounts receivable within one year | 40/41 | €297,847 | €553,695 | +€255,847 | +85.9% |
| Trade receivables | 40 | €290,560 | €553,695 | +€263,135 | +90.6% |
| Other amounts receivable | 41 | €7,288 | - | -€7,288 | |
| Cash at bank and in hand | 54/58 | €1,319 | €1,099 | -€221 | -16.7% |
| Deferred charges and accrued income | 490/1 | €367 | €1,550 | +€1,183 | +323% |
| Total equity and liabilities | 10/49 | €528,409 | €725,859 | +€197,450 | +37.4% |
| Equity | 10/15 | €90,019 | €87,325 | -€2,694 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,419 | €68,725 | -€2,694 | -3.8% |
| Distributable reserves | 133 | €71,419 | €68,725 | -€2,694 | -3.8% |
| Amounts payable | 17/49 | €438,391 | €638,534 | +€200,143 | +45.7% |
| Amounts payable within one year | 42/48 | €427,357 | €634,103 | +€206,746 | +48.4% |
| Trade debts | 44 | €404,796 | €602,334 | +€197,537 | +48.8% |
| Suppliers | 440/4 | €404,796 | €602,334 | +€197,537 | +48.8% |
| Taxes, remuneration and social security | 45 | €22,560 | €31,770 | +€9,209 | +40.8% |
| Taxes | 450/3 | €22,560 | €31,770 | +€9,209 | +40.8% |
| Accrued charges and deferred income | 492/3 | €11,034 | €4,431 | -€6,603 | -59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,670 | €6,919 | +€1,249 | +22.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,656 | -€7,085 | +€7,570 | +51.7% |
| Other operating charges | 640/8 | €1,126 | €29,361 | +€28,235 | +2,507% |
| Gross operating margin | 9900 | €66,980 | €30,973 | -€36,007 | -53.8% |
| Operating profit (loss) | 9901 | €74,840 | €1,779 | -€73,061 | -97.6% |
| Financial income | 75/76B | €24,285 | €7,626 | -€16,659 | -68.6% |
| Recurring financial income | 75 | €24,285 | €7,626 | -€16,659 | -68.6% |
| Financial charges | 65/66B | €8,883 | €10,068 | +€1,185 | +13.3% |
| Recurring financial charges | 65 | €8,883 | €10,068 | +€1,185 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €90,241 | -€663 | -€90,905 | |
| Income taxes | 67/77 | €18,823 | €2,030 | -€16,792 | -89.2% |
| Profit (loss) for the period | 9904 | €71,419 | -€2,694 | -€74,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,419 | -€2,694 | -€74,112 |
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 31 October 2026 via checked.be.