PEOPLESHOES: 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.
PEOPLESHOES
Largest movements
- Tangible fixed assets -€44,081
down €44,081 (-99.9%), from €44,147 to €65
of which Furniture and vehicles: -€40,111
- Receivables within one year +€24,752
up €24,752 (+28.5%), from €86,994 to €111,746
of which Trade receivables: +€37,133
- Stocks and contracts -€4,800
no longer reported in 2025 (was €4,800)
- Cash +€1,615
up €1,615 (+24.9%), from €6,483 to €8,098
mainly Depreciation (+€44,081) and Stocks and contracts (+€4,800)
- Trade debts -€13,531
down €13,531 (-15.4%), from €87,586 to €74,056
- Profit (loss) carried forward -€7,668
down €7,668 (-5.6%), from -€137,220 to -€144,888
- Accrued charges and deferred income -€2,258
no longer reported in 2025 (was €2,258)
- Other operating charges -€87,918
down €87,918 (-97.1%), from €90,551 to €2,633
- Depreciation +€17,311
up €17,311 (+64.7%), from €26,770 to €44,081
- Gross operating margin -€14,024
down €14,024 (-23.5%), from €59,702 to €45,678
- Write-downs +€4,800
new in 2025: €4,800
- Financial charges -€1,826
down €1,826 (-49.9%), from €3,659 to €1,832
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 | €142,615 | €119,910 | -€22,705 | -15.9% |
| Fixed assets | 21/28 | €44,147 | €65 | -€44,081 | -99.9% |
| Tangible fixed assets | 22/27 | €44,147 | €65 | -€44,081 | -99.9% |
| Furniture and vehicles | 24 | €40,177 | €65 | -€40,111 | -99.8% |
| Other tangible fixed assets | 26 | €3,970 | - | -€3,970 | |
| Current assets | 29/58 | €98,468 | €119,845 | +€21,376 | +21.7% |
| Stocks and contracts in progress | 3 | €4,800 | - | -€4,800 | |
| Stocks | 30/36 | €4,800 | - | -€4,800 | |
| Amounts receivable within one year | 40/41 | €86,994 | €111,746 | +€24,752 | +28.5% |
| Trade receivables | 40 | €2,867 | €40,000 | +€37,133 | +1,295% |
| Other amounts receivable | 41 | €84,127 | €71,746 | -€12,381 | -14.7% |
| Cash at bank and in hand | 54/58 | €6,483 | €8,098 | +€1,615 | +24.9% |
| Deferred charges and accrued income | 490/1 | €191 | - | -€191 | |
| Total equity and liabilities | 10/49 | €142,615 | €119,910 | -€22,705 | -15.9% |
| Equity | 10/15 | -€74,794 | -€82,462 | -€7,668 | -10.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €426 | €426 | = | 0.0% |
| Non-distributable reserves | 130/1 | €426 | €426 | = | 0.0% |
| Legal reserve | 130 | €426 | €426 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,220 | -€144,888 | -€7,668 | -5.6% |
| Amounts payable | 17/49 | €217,409 | €202,372 | -€15,037 | -6.9% |
| Amounts payable within one year | 42/48 | €215,151 | €202,372 | -€12,779 | -5.9% |
| Financial debts | 43 | €9,518 | €9,942 | +€424 | +4.5% |
| Credit institutions | 430/8 | €9,518 | €9,942 | +€424 | +4.5% |
| Trade debts | 44 | €87,586 | €74,056 | -€13,531 | -15.4% |
| Suppliers | 440/4 | €87,586 | €74,056 | -€13,531 | -15.4% |
| Taxes, remuneration and social security | 45 | €65,585 | €64,612 | -€973 | -1.5% |
| Taxes | 450/3 | €65,585 | €64,612 | -€973 | -1.5% |
| Other amounts payable | 47/48 | €52,461 | €53,761 | +€1,300 | +2.5% |
| Accrued charges and deferred income | 492/3 | €2,258 | - | -€2,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,770 | €44,081 | +€17,311 | +64.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,800 | +€4,800 | |
| Other operating charges | 640/8 | €90,551 | €2,633 | -€87,918 | -97.1% |
| Gross operating margin | 9900 | €59,702 | €45,678 | -€14,024 | -23.5% |
| Operating profit (loss) | 9901 | -€57,619 | -€5,836 | +€51,783 | +89.9% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €3,659 | €1,832 | -€1,826 | -49.9% |
| Recurring financial charges | 65 | €3,659 | €1,832 | -€1,826 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | -€61,271 | -€7,668 | +€53,603 | +87.5% |
| Profit (loss) for the period | 9904 | -€61,271 | -€7,668 | +€53,603 | +87.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,271 | -€7,668 | +€53,603 | +87.5% |
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 23 October 2026 via checked.be.