PEONIA: 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.
What changed
PEONIA
NACE 64.210, Activities of holding companies
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€397,439
2023 · €293,379+€104,060
Equity
€968,391
2023 · €570,952+€397,439
Cash
€155
2023 · €297,417-€297,262
Balance sheet total
€17.6m
2023 · €18.3m-€730,996
Largest movements
Assets
- Receivables within one year -€416,626
down €416,626 (-43.0%), from €968,925 to €552,299
of which Other amounts receivable: -€235,079
- Cash -€297,262
down €297,262 (-99.9%), from €297,417 to €155
mainly Debts after one year (-€2.0m) and Other debts (-€237,696)
Equity and liabilities
- Debts after one year -€2.0m
down €2.0m (-18.2%), from €10.8m to €8.9m
of which Financial debts: -€2.0m
- Trade debts +€873,047
up €873,047 (+50.3%), from €1.7m to €2.6m
- Reserves +€397,439
up €397,439 (+70.9%), from €560,952 to €958,391
- Other debts -€237,696
down €237,696 (-9.4%), from €2.5m to €2.3m
Income statement
- Goods and materials -€935,748
down €935,748 (-31.0%), from €3.0m to €2.1m
- Turnover -€856,800
down €856,800 (-21.2%), from €4.0m to €3.2m
- Taxes +€112,420
up €112,420 (+308.4%), from €36,448 to €148,869
- Services and other goods -€55,272
down €55,272 (-41.4%), from €133,582 to €78,310
- Other operating charges -€48,862
down €48,862 (-97.5%), from €50,098 to €1,236
From the 2023 result to the 2024 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.
Result 2023
€293,379
Turnover
-€856,800
Other operating income
+€2,448
Goods and materials
+€935,748
Services and other goods
+€55,272
Other operating charges
+€48,862
Financial income
-€15,089
Financial charges
+€46,039
Taxes
-€112,420
Result 2024
€397,439
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.7m
Investment
€0
Financing
-€2.0m
Cash 2023
€297,417
From operations (derived)
+€1.7m
Net result for the year
+€397,439
Receivables after one year
+€4,350
Receivables within one year
+€416,626
Deferred charges and accrued income
+€12,758
Trade debts
+€873,047
Tax, wage and social debts
+€143,618
Other debts
-€237,696
Accrued charges and deferred income
+€47,714
Financing
-€2.0m
Debts after one year
-€2.0m
Current portion of long-term debt
+€9,833
Cash 2024
€155
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,284,680 | €17,553,684 | -€730,996 | -4.0% |
| Fixed assets | 21/28 | €16,992,731 | €16,992,731 | = | 0.0% |
| Financial fixed assets | 28 | €16,992,731 | €16,992,731 | = | 0.0% |
| Affiliated companies | 280/1 | €16,842,730 | €16,842,730 | = | 0.0% |
| Participating interests | 280 | €16,842,730 | €16,842,730 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €150,000 | €150,000 | = | 0.0% |
| Participating interests | 282 | €150,000 | €150,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1 | €1 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €1,291,949 | €560,953 | -€730,996 | -56.6% |
| Amounts receivable after more than one year | 29 | €4,350 | €0 | -€4,350 | -100.0% |
| Other amounts receivable | 291 | €4,350 | €0 | -€4,350 | -100.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €968,925 | €552,299 | -€416,626 | -43.0% |
| Trade receivables | 40 | €577,867 | €396,320 | -€181,547 | -31.4% |
| Other amounts receivable | 41 | €391,058 | €155,979 | -€235,079 | -60.1% |
| Cash at bank and in hand | 54/58 | €297,417 | €155 | -€297,262 | -99.9% |
| Deferred charges and accrued income | 490/1 | €21,258 | €8,500 | -€12,758 | -60.0% |
| Total equity and liabilities | 10/49 | €18,284,680 | €17,553,684 | -€730,996 | -4.0% |
| Equity | 10/15 | €570,952 | €968,391 | +€397,439 | +69.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €560,952 | €958,391 | +€397,439 | +70.9% |
| Distributable reserves | 133 | €560,952 | €958,391 | +€397,439 | +70.9% |
| Amounts payable | 17/49 | €17,713,727 | €16,585,293 | -€1.1m | -6.4% |
| Amounts payable after more than one year | 17 | €10,824,750 | €8,859,799 | -€2.0m | -18.2% |
| Financial debts | 170/4 | €9,603,724 | €7,555,507 | -€2.0m | -21.3% |
| Credit institutions | 173 | €5,963,724 | €4,485,507 | -€1.5m | -24.8% |
| Other loans | 174 | €3,640,000 | €3,070,000 | -€570,000 | -15.7% |
| Other amounts payable | 178/9 | €1,221,026 | €1,304,293 | +€83,266 | +6.8% |
| Amounts payable within one year | 42/48 | €6,760,202 | €7,549,005 | +€788,803 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €2,413,385 | €2,423,218 | +€9,833 | +0.4% |
| Trade debts | 44 | €1,735,988 | €2,609,035 | +€873,047 | +50.3% |
| Suppliers | 440/4 | €1,735,988 | €2,609,035 | +€873,047 | +50.3% |
| Taxes, remuneration and social security | 45 | €72,724 | €216,343 | +€143,618 | +197.5% |
| Taxes | 450/3 | €72,724 | €216,343 | +€143,618 | +197.5% |
| Other amounts payable | 47/48 | €2,538,105 | €2,300,409 | -€237,696 | -9.4% |
| Accrued charges and deferred income | 492/3 | €128,775 | €176,489 | +€47,714 | +37.1% |
| Operating income | 70/76A | €4,039,200 | €3,184,848 | -€854,352 | -21.2% |
| Turnover | 70 | €4,039,200 | €3,182,400 | -€856,800 | -21.2% |
| Other operating income | 74 | €0 | €2,448 | +€2,448 | |
| Operating charges | 60/66A | €3,200,228 | €2,160,345 | -€1.0m | -32.5% |
| Goods for resale, raw materials and consumables | 60 | €3,016,548 | €2,080,800 | -€935,748 | -31.0% |
| Purchases | 600/8 | €3,016,548 | €2,080,800 | -€935,748 | -31.0% |
| Services and other goods | 61 | €133,582 | €78,310 | -€55,272 | -41.4% |
| Other operating charges | 640/8 | €50,098 | €1,236 | -€48,862 | -97.5% |
| Operating profit (loss) | 9901 | €838,972 | €1,024,502 | +€185,530 | +22.1% |
| Financial income | 75/76B | €23,416 | €8,327 | -€15,089 | -64.4% |
| Recurring financial income | 75 | €23,416 | €8,327 | -€15,089 | -64.4% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Income from current assets | 751 | €23,415 | €8,327 | -€15,088 | -64.4% |
| Other financial income | 752/9 | €1 | €0 | -€1 | -99.2% |
| Financial charges | 65/66B | €532,561 | €486,522 | -€46,039 | -8.6% |
| Recurring financial charges | 65 | €488,561 | €486,522 | -€2,039 | -0.4% |
| Debt charges | 650 | €478,507 | €480,968 | +€2,461 | +0.5% |
| Other financial charges | 652/9 | €10,054 | €5,554 | -€4,500 | -44.8% |
| Non-recurring financial charges | 66B | €44,000 | €0 | -€44,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €329,827 | €546,307 | +€216,480 | +65.6% |
| Income taxes | 67/77 | €36,448 | €148,869 | +€112,420 | +308.4% |
| Taxes | 670/3 | €36,448 | €148,869 | +€112,420 | +308.4% |
| Profit (loss) for the period | 9904 | €293,379 | €397,439 | +€104,060 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €293,379 | €397,439 | +€104,060 | +35.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.