PEP.BE: 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.
PEP.BE
Largest movements
- Receivables within one year -€211,152
down €211,152 (-46.8%), from €451,166 to €240,014
of which Trade receivables: -€131,932
- Deferred charges and accrued income +€6,934
up €6,934 (+770%), from €900 to €7,834
- Trade debts -€142,516
down €142,516 (-43.0%), from €331,265 to €188,749
- Profit (loss) carried forward -€50,079
down €50,079 (-8.8%), from -€571,481 to -€621,560
- Other debts -€18,299
no longer reported in 2024 (was €18,299)
- Turnover +€428,513
up €428,513 (+19.0%), from €2.3m to €2.7m
- Purchases and services +€331,724
up €331,724 (+20.0%), from €1.7m to €2.0m
- Staff costs +€124,788
up €124,788 (+22.2%), from €561,242 to €686,030
- Gross operating margin +€95,416
up €95,416 (+16.1%), from €594,008 to €689,424
- Other operating charges +€32,020
up €32,020 (+221%), from €14,494 to €46,514
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,987 | €320,238 | -€205,749 | -39.1% |
| Fixed assets | 21/28 | €50,996 | €46,775 | -€4,221 | -8.3% |
| Tangible fixed assets | 22/27 | €15,146 | €9,930 | -€5,216 | -34.4% |
| Plant, machinery and equipment | 23 | €7,684 | €3,823 | -€3,861 | -50.2% |
| Furniture and vehicles | 24 | €3,467 | €2,305 | -€1,162 | -33.5% |
| Other tangible fixed assets | 26 | €3,995 | €3,802 | -€193 | -4.8% |
| Financial fixed assets | 28 | €35,850 | €36,845 | +€995 | +2.8% |
| Current assets | 29/58 | €474,991 | €273,463 | -€201,528 | -42.4% |
| Amounts receivable within one year | 40/41 | €451,166 | €240,014 | -€211,152 | -46.8% |
| Trade receivables | 40 | €282,168 | €150,236 | -€131,932 | -46.8% |
| Other amounts receivable | 41 | €168,998 | €89,778 | -€79,220 | -46.9% |
| Cash at bank and in hand | 54/58 | €22,925 | €25,615 | +€2,690 | +11.7% |
| Deferred charges and accrued income | 490/1 | €900 | €7,834 | +€6,934 | +770% |
| Total equity and liabilities | 10/49 | €525,987 | €320,238 | -€205,749 | -39.1% |
| Equity | 10/15 | €118,745 | €68,666 | -€50,079 | -42.2% |
| Contributions | 10/11 | €690,226 | €690,226 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€571,481 | -€621,560 | -€50,079 | -8.8% |
| Amounts payable | 17/49 | €407,242 | €251,572 | -€155,670 | -38.2% |
| Amounts payable within one year | 42/48 | €407,242 | €251,572 | -€155,670 | -38.2% |
| Trade debts | 44 | €331,265 | €188,749 | -€142,516 | -43.0% |
| Suppliers | 440/4 | €331,265 | €188,749 | -€142,516 | -43.0% |
| Taxes, remuneration and social security | 45 | €57,678 | €62,823 | +€5,145 | +8.9% |
| Remuneration and social security | 454/9 | €57,678 | €62,823 | +€5,145 | +8.9% |
| Other amounts payable | 47/48 | €18,299 | - | -€18,299 | |
| Turnover | 70 | €2,250,543 | €2,679,056 | +€428,513 | +19.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,660,883 | €1,992,607 | +€331,724 | +20.0% |
| Remuneration, social security and pensions | 62 | €561,242 | €686,030 | +€124,788 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,525 | €6,600 | +€75 | +1.1% |
| Other operating charges | 640/8 | €14,494 | €46,514 | +€32,020 | +221% |
| Non-recurring operating charges | 66A | €3,506 | - | -€3,506 | |
| Gross operating margin | 9900 | €594,008 | €689,424 | +€95,416 | +16.1% |
| Operating profit (loss) | 9901 | €8,241 | -€49,720 | -€57,961 | |
| Financial charges | 65/66B | €402 | €359 | -€43 | -10.7% |
| Recurring financial charges | 65 | €402 | €359 | -€43 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €7,839 | -€50,079 | -€57,918 | |
| Profit (loss) for the period | 9904 | €7,839 | -€50,079 | -€57,918 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,839 | -€50,079 | -€57,918 |
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 17 October 2026 via checked.be.