Pépite Concept: 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.
Pépite Concept
Largest movements
- Receivables within one year +€25,775
up €25,775 (+125.5%), from €20,539 to €46,314
of which Trade receivables: +€13,218
- Tangible fixed assets -€24,484
down €24,484 (-20.0%), from €122,345 to €97,862
- Trade debts +€20,192
up €20,192 (+106.6%), from €18,933 to €39,125
- Debts after one year -€19,889
down €19,889 (-22.0%), from €90,486 to €70,596
- Tax, wage and social debts -€15,638
down €15,638 (-72.9%), from €21,465 to €5,827
of which Remuneration and social security: -€15,266
- Profit (loss) carried forward +€14,111
up €14,111 (+32.5%), from -€43,455 to -€29,344
- Current portion of long-term debt +€4,580
up €4,580 (+38.0%), from €12,044 to €16,624
- Gross operating margin +€43,058
up €43,058 (+33.9%), from €126,974 to €170,032
- Staff costs -€11,775
down €11,775 (-9.2%), from €127,817 to €116,043
- Financial charges -€5,256
down €5,256 (-47.4%), from €11,091 to €5,835
- Other operating charges +€4,747
up €4,747 (+3841.1%), from €124 to €4,870
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 | €206,608 | €207,829 | +€1,221 | +0.6% |
| Formation expenses | 20 | €808 | €585 | -€223 | -27.6% |
| Fixed assets | 21/28 | €148,224 | €122,773 | -€25,451 | -17.2% |
| Intangible fixed assets | 21 | €25,879 | €24,912 | -€967 | -3.7% |
| Tangible fixed assets | 22/27 | €122,345 | €97,862 | -€24,484 | -20.0% |
| Plant, machinery and equipment | 23 | €38,221 | €28,195 | -€10,026 | -26.2% |
| Furniture and vehicles | 24 | €2,220 | €1,347 | -€873 | -39.3% |
| Leasing and similar rights | 25 | €26,585 | €20,001 | -€6,584 | -24.8% |
| Other tangible fixed assets | 26 | €55,319 | €48,319 | -€7,000 | -12.7% |
| Current assets | 29/58 | €57,576 | €84,471 | +€26,894 | +46.7% |
| Stocks and contracts in progress | 3 | €13,561 | €13,900 | +€339 | +2.5% |
| Stocks | 30/36 | €13,561 | €13,900 | +€339 | +2.5% |
| Amounts receivable within one year | 40/41 | €20,539 | €46,314 | +€25,775 | +125.5% |
| Trade receivables | 40 | €8,799 | €22,017 | +€13,218 | +150.2% |
| Other amounts receivable | 41 | €11,740 | €24,297 | +€12,557 | +107.0% |
| Cash at bank and in hand | 54/58 | €23,476 | €23,180 | -€295 | -1.3% |
| Deferred charges and accrued income | 490/1 | - | €1,076 | +€1,076 | |
| Total equity and liabilities | 10/49 | €206,608 | €207,829 | +€1,221 | +0.6% |
| Equity | 10/15 | €61,545 | €75,656 | +€14,111 | +22.9% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,455 | -€29,344 | +€14,111 | +32.5% |
| Amounts payable | 17/49 | €145,063 | €132,172 | -€12,891 | -8.9% |
| Amounts payable after more than one year | 17 | €90,486 | €70,596 | -€19,889 | -22.0% |
| Financial debts | 170/4 | €90,486 | €70,596 | -€19,889 | -22.0% |
| Amounts payable within one year | 42/48 | €52,442 | €61,576 | +€9,134 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €12,044 | €16,624 | +€4,580 | +38.0% |
| Trade debts | 44 | €18,933 | €39,125 | +€20,192 | +106.6% |
| Suppliers | 440/4 | €18,933 | €39,125 | +€20,192 | +106.6% |
| Taxes, remuneration and social security | 45 | €21,465 | €5,827 | -€15,638 | -72.9% |
| Taxes | 450/3 | €538 | €166 | -€372 | -69.2% |
| Remuneration and social security | 454/9 | €20,927 | €5,661 | -€15,266 | -72.9% |
| Accrued charges and deferred income | 492/3 | €2,135 | €0 | -€2,135 | -100.0% |
| Remuneration, social security and pensions | 62 | €127,817 | €116,043 | -€11,775 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,464 | €29,908 | -€1,556 | -4.9% |
| Other operating charges | 640/8 | €124 | €4,870 | +€4,747 | +3841.1% |
| Gross operating margin | 9900 | €126,974 | €170,032 | +€43,058 | +33.9% |
| Operating profit (loss) | 9901 | -€32,431 | €19,211 | +€51,642 | |
| Financial income | 75/76B | €66 | €735 | +€669 | +1012.2% |
| Recurring financial income | 75 | €66 | €735 | +€669 | +1012.2% |
| Financial charges | 65/66B | €11,091 | €5,835 | -€5,256 | -47.4% |
| Recurring financial charges | 65 | €11,091 | €5,835 | -€5,256 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,455 | €14,111 | +€57,567 | |
| Profit (loss) for the period | 9904 | -€43,455 | €14,111 | +€57,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,455 | €14,111 | +€57,567 |
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 1 October 2026 via checked.be.