PePlan: 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.
PePlan
Largest movements
- Tangible fixed assets -€22,643
down €22,643 (-48.0%), from €47,197 to €24,554
of which Furniture and vehicles: -€21,792
- Receivables within one year +€18,294
up €18,294 (+137.3%), from €13,326 to €31,620
of which Trade receivables: +€13,402
- Cash +€6,338
up €6,338 (+13.5%), from €46,997 to €53,335
mainly Depreciation (+€23,718) and Net result for the year (+€15,901)
- Reserves +€15,901
up €15,901 (+100.4%), from €15,841 to €31,742
of which Distributable reserves: +€15,901
- Tax, wage and social debts -€11,327
down €11,327 (-85.6%), from €13,238 to €1,911
of which Taxes: -€8,892
- Accrued charges and deferred income -€3,725
no longer reported in 2025 (was €3,725)
- Trade debts +€2,033
up €2,033 (+38.9%), from €5,223 to €7,256
- Gross operating margin +€7,898
up €7,898 (+20.2%), from €39,016 to €46,914
- Depreciation +€4,684
up €4,684 (+24.6%), from €19,034 to €23,718
- Taxes +€1,173
up €1,173 (+21.7%), from €5,417 to €6,590
- Other operating charges -€494
down €494 (-43.5%), from €1,137 to €643
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 | €107,873 | €110,755 | +€2,882 | +2.7% |
| Fixed assets | 21/28 | €47,197 | €24,554 | -€22,643 | -48.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €47,197 | €24,554 | -€22,643 | -48.0% |
| Plant, machinery and equipment | 23 | €610 | - | -€610 | |
| Furniture and vehicles | 24 | €45,622 | €23,830 | -€21,792 | -47.8% |
| Other tangible fixed assets | 26 | €965 | €723 | -€242 | -25.0% |
| Current assets | 29/58 | €60,676 | €86,201 | +€25,525 | +42.1% |
| Amounts receivable within one year | 40/41 | €13,326 | €31,620 | +€18,294 | +137.3% |
| Trade receivables | 40 | €13,326 | €26,728 | +€13,402 | +100.6% |
| Other amounts receivable | 41 | - | €4,892 | +€4,892 | |
| Current investments | 50/53 | - | €870 | +€870 | |
| Cash at bank and in hand | 54/58 | €46,997 | €53,335 | +€6,338 | +13.5% |
| Deferred charges and accrued income | 490/1 | €353 | €375 | +€22 | +6.2% |
| Total equity and liabilities | 10/49 | €107,873 | €110,755 | +€2,882 | +2.7% |
| Equity | 10/15 | €85,687 | €101,588 | +€15,901 | +18.6% |
| Contributions | 10/11 | €29,200 | €29,200 | = | 0.0% |
| Outside capital | 11 | - | €29,200 | +€29,200 | |
| Other | 1109/19 | - | €29,200 | +€29,200 | |
| Reserves | 13 | €15,841 | €31,742 | +€15,901 | +100.4% |
| Tax-exempt reserves | 132 | €2,841 | €2,841 | +€0 | 0.0% |
| Distributable reserves | 133 | €13,000 | €28,901 | +€15,901 | +122.3% |
| Profit (loss) carried forward | 14 | €40,646 | €40,646 | -€0 | 0.0% |
| Amounts payable | 17/49 | €22,186 | €9,167 | -€13,019 | -58.7% |
| Amounts payable within one year | 42/48 | €18,461 | €9,167 | -€9,294 | -50.3% |
| Trade debts | 44 | €5,223 | €7,256 | +€2,033 | +38.9% |
| Suppliers | 440/4 | €5,223 | €7,256 | +€2,033 | +38.9% |
| Taxes, remuneration and social security | 45 | €13,238 | €1,911 | -€11,327 | -85.6% |
| Taxes | 450/3 | €10,803 | €1,911 | -€8,892 | -82.3% |
| Remuneration and social security | 454/9 | €2,435 | - | -€2,435 | |
| Accrued charges and deferred income | 492/3 | €3,725 | - | -€3,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,034 | €23,718 | +€4,684 | +24.6% |
| Other operating charges | 640/8 | €1,137 | €643 | -€494 | -43.5% |
| Gross operating margin | 9900 | €39,016 | €46,914 | +€7,898 | +20.2% |
| Operating profit (loss) | 9901 | €18,845 | €22,554 | +€3,709 | +19.7% |
| Financial income | 75/76B | €5 | €3 | -€2 | -31.0% |
| Recurring financial income | 75 | €5 | €3 | -€2 | -31.0% |
| Financial charges | 65/66B | €57 | €66 | +€9 | +16.4% |
| Recurring financial charges | 65 | €57 | €66 | +€9 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €18,793 | €22,491 | +€3,698 | +19.7% |
| Income taxes | 67/77 | €5,417 | €6,590 | +€1,173 | +21.7% |
| Profit (loss) for the period | 9904 | €13,376 | €15,901 | +€2,525 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,376 | €15,901 | +€2,525 | +18.9% |
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 5 October 2026 via checked.be.