Peltcom: 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.
Peltcom
Largest movements
- Stocks and contracts +€30,520
up €30,520 (+44.9%), from €67,901 to €98,421
- Tangible fixed assets -€10,289
down €10,289 (-11.0%), from €93,208 to €82,920
of which Plant, machinery and equipment: -€10,124
- Cash +€5,942
up €5,942 (+10.3%), from €57,966 to €63,908
mainly Net result for the year (+€34,633) and Depreciation (+€12,289)
- Reserves +€32,967
up €32,967 (+165.9%), from €19,868 to €52,835
- Debts after one year -€16,377
down €16,377 (-9.7%), from €168,179 to €151,802
- Advances received +€3,572
up €3,572 (+379.6%), from €941 to €4,514
- Other debts +€3,057
up €3,057 (+26.8%), from €11,399 to €14,456
- Trade debts +€2,741
up €2,741 (+17.0%), from €16,094 to €18,836
- Gross operating margin +€18,240
up €18,240 (+43.5%), from €41,899 to €60,139
- Taxes +€3,136
up €3,136 (+66.3%), from €4,732 to €7,869
- Depreciation +€3,128
up €3,128 (+34.1%), from €9,161 to €12,289
- Financial charges -€1,111
down €1,111 (-26.3%), from €4,231 to €3,120
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 | €241,932 | €267,795 | +€25,864 | +10.7% |
| Fixed assets | 21/28 | €115,965 | €103,677 | -€12,289 | -10.6% |
| Intangible fixed assets | 21 | €18,497 | €16,497 | -€2,000 | -10.8% |
| Tangible fixed assets | 22/27 | €93,208 | €82,920 | -€10,289 | -11.0% |
| Plant, machinery and equipment | 23 | €92,845 | €82,721 | -€10,124 | -10.9% |
| Furniture and vehicles | 24 | €363 | €198 | -€165 | -45.4% |
| Financial fixed assets | 28 | €4,260 | €4,260 | = | 0.0% |
| Current assets | 29/58 | €125,966 | €164,118 | +€38,152 | +30.3% |
| Stocks and contracts in progress | 3 | €67,901 | €98,421 | +€30,520 | +44.9% |
| Stocks | 30/36 | €67,901 | €98,421 | +€30,520 | +44.9% |
| Cash at bank and in hand | 54/58 | €57,966 | €63,908 | +€5,942 | +10.3% |
| Deferred charges and accrued income | 490/1 | €100 | €1,790 | +€1,690 | +1698.7% |
| Total equity and liabilities | 10/49 | €241,932 | €267,795 | +€25,864 | +10.7% |
| Equity | 10/15 | €24,868 | €57,835 | +€32,967 | +132.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,868 | €52,835 | +€32,967 | +165.9% |
| Distributable reserves | 133 | €19,868 | €52,835 | +€32,967 | +165.9% |
| Amounts payable | 17/49 | €217,063 | €209,960 | -€7,103 | -3.3% |
| Amounts payable after more than one year | 17 | €168,179 | €151,802 | -€16,377 | -9.7% |
| Financial debts | 170/4 | €168,179 | €151,802 | -€16,377 | -9.7% |
| Amounts payable within one year | 42/48 | €48,884 | €58,154 | +€9,270 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €13,161 | €13,765 | +€603 | +4.6% |
| Trade debts | 44 | €16,094 | €18,836 | +€2,741 | +17.0% |
| Suppliers | 440/4 | €16,094 | €18,836 | +€2,741 | +17.0% |
| Advances received on contracts in progress | 46 | €941 | €4,514 | +€3,572 | +379.6% |
| Taxes, remuneration and social security | 45 | €7,289 | €6,584 | -€705 | -9.7% |
| Taxes | 450/3 | €6,965 | €4,784 | -€2,181 | -31.3% |
| Remuneration and social security | 454/9 | €324 | €1,800 | +€1,476 | +456.3% |
| Other amounts payable | 47/48 | €11,399 | €14,456 | +€3,057 | +26.8% |
| Accrued charges and deferred income | 492/3 | - | €4 | +€4 | |
| Remuneration, social security and pensions | 62 | €1,725 | €1,572 | -€153 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,161 | €12,289 | +€3,128 | +34.1% |
| Other operating charges | 640/8 | €521 | €687 | +€166 | +31.9% |
| Gross operating margin | 9900 | €41,899 | €60,139 | +€18,240 | +43.5% |
| Operating profit (loss) | 9901 | €30,493 | €45,591 | +€15,098 | +49.5% |
| Financial income | 75/76B | €6 | €31 | +€25 | +452.3% |
| Recurring financial income | 75 | €6 | €31 | +€25 | +452.3% |
| Financial charges | 65/66B | €4,231 | €3,120 | -€1,111 | -26.3% |
| Recurring financial charges | 65 | €4,231 | €3,120 | -€1,111 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €26,267 | €42,502 | +€16,235 | +61.8% |
| Income taxes | 67/77 | €4,732 | €7,869 | +€3,136 | +66.3% |
| Profit (loss) for the period | 9904 | €21,534 | €34,633 | +€13,099 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,534 | €34,633 | +€13,099 | +60.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.