PeoplePay: 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.
PeoplePay
Largest movements
- Cash +€23,840
up €23,840 (+46.2%), from €51,640 to €75,481
mainly Tax, wage and social debts (+€33,478) and Other debts (+€17,819)
- Receivables within one year +€5,557
up €5,557 (+23.5%), from €23,668 to €29,225
of which Trade receivables: +€5,963
- Intangible fixed assets +€2,940
up €2,940 (+55.6%), from €5,286 to €8,226
- Tax, wage and social debts +€33,478
up €33,478 (+200%), from €16,775 to €50,253
of which Remuneration and social security: +€19,324
- Profit (loss) carried forward -€23,451
down €23,451 (-44.4%), from -€52,775 to -€76,226
- Other debts +€17,819
up €17,819 (+77.6%), from €22,957 to €40,775
- Trade debts +€8,322
up €8,322 (+29.9%), from €27,853 to €36,174
- Current portion of long-term debt -€4,911
down €4,911 (-57.1%), from €8,609 to €3,697
- Gross operating margin +€129,499
up €129,499 (+90.8%), from €142,679 to €272,177
- Staff costs +€119,759
up €119,759 (+72.0%), from €166,427 to €286,186
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 | €82,210 | €115,154 | +€32,944 | +40.1% |
| Fixed assets | 21/28 | €5,993 | €9,117 | +€3,124 | +52.1% |
| Intangible fixed assets | 21 | €5,286 | €8,226 | +€2,940 | +55.6% |
| Tangible fixed assets | 22/27 | €707 | €891 | +€184 | +26.0% |
| Furniture and vehicles | 24 | €707 | €891 | +€184 | +26.0% |
| Current assets | 29/58 | €76,217 | €106,037 | +€29,820 | +39.1% |
| Amounts receivable within one year | 40/41 | €23,668 | €29,225 | +€5,557 | +23.5% |
| Trade receivables | 40 | €15,355 | €21,318 | +€5,963 | +38.8% |
| Other amounts receivable | 41 | €8,313 | €7,907 | -€406 | -4.9% |
| Cash at bank and in hand | 54/58 | €51,640 | €75,481 | +€23,840 | +46.2% |
| Deferred charges and accrued income | 490/1 | €909 | €1,332 | +€423 | +46.5% |
| Total equity and liabilities | 10/49 | €82,210 | €115,154 | +€32,944 | +40.1% |
| Equity | 10/15 | -€37,775 | -€61,226 | -€23,451 | -62.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,775 | -€76,226 | -€23,451 | -44.4% |
| Amounts payable | 17/49 | €119,986 | €176,380 | +€56,395 | +47.0% |
| Amounts payable after more than one year | 17 | €43,340 | €45,090 | +€1,749 | +4.0% |
| Financial debts | 170/4 | €3,661 | - | -€3,661 | |
| Other amounts payable | 178/9 | €39,679 | €45,090 | +€5,411 | +13.6% |
| Amounts payable within one year | 42/48 | €76,193 | €130,900 | +€54,707 | +71.8% |
| Current portion of amounts payable after more than one year | 42 | €8,609 | €3,697 | -€4,911 | -57.1% |
| Trade debts | 44 | €27,853 | €36,174 | +€8,322 | +29.9% |
| Suppliers | 440/4 | €27,853 | €36,174 | +€8,322 | +29.9% |
| Taxes, remuneration and social security | 45 | €16,775 | €50,253 | +€33,478 | +200% |
| Taxes | 450/3 | €15,989 | €30,143 | +€14,154 | +88.5% |
| Remuneration and social security | 454/9 | €786 | €20,110 | +€19,324 | +2,459% |
| Other amounts payable | 47/48 | €22,957 | €40,775 | +€17,819 | +77.6% |
| Accrued charges and deferred income | 492/3 | €452 | €390 | -€62 | -13.7% |
| Remuneration, social security and pensions | 62 | €166,427 | €286,186 | +€119,759 | +72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,370 | €4,213 | +€843 | +25.0% |
| Other operating charges | 640/8 | €387 | €2,853 | +€2,466 | +637% |
| Gross operating margin | 9900 | €142,679 | €272,177 | +€129,499 | +90.8% |
| Operating profit (loss) | 9901 | -€27,506 | -€21,076 | +€6,430 | +23.4% |
| Financial income | 75/76B | €807 | €1,848 | +€1,041 | +129% |
| Recurring financial income | 75 | €807 | €1,848 | +€1,041 | +129% |
| Financial charges | 65/66B | €2,102 | €3,537 | +€1,435 | +68.3% |
| Recurring financial charges | 65 | €2,102 | €3,537 | +€1,435 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,801 | -€22,764 | +€6,037 | +21.0% |
| Income taxes | 67/77 | €510 | €686 | +€176 | +34.6% |
| Profit (loss) for the period | 9904 | -€29,311 | -€23,451 | +€5,861 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,311 | -€23,451 | +€5,861 | +20.0% |
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 20 October 2026 via checked.be.