PEPPERMILL HASSELT: 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.
PEPPERMILL HASSELT
Largest movements
- Receivables within one year -€23,758
down €23,758 (-19.8%), from €120,000 to €96,242
of which Other amounts receivable: -€30,000
- Tangible fixed assets +€5,510
up €5,510 (+28.1%), from €19,580 to €25,090
of which Other tangible fixed assets: +€8,077
- Cash -€5,029
down €5,029 (-13.4%), from €37,565 to €32,536
mainly Contributions, distributions and other (-€70,000) and Investment in fixed assets (net) (-€11,522)
- Profit (loss) carried forward -€10,497
down €10,497 (-17.6%), from €59,644 to €49,147
- Other debts -€10,000
down €10,000 (-12.5%), from €80,000 to €70,000
- Trade debts -€7,919
down €7,919 (-77.6%), from €10,205 to €2,286
- Tax, wage and social debts +€5,139
up €5,139 (+18.9%), from €27,197 to €32,336
of which Taxes: +€4,174
- Gross operating margin -€25,891
down €25,891 (-10.6%), from €245,308 to €219,417
- Taxes +€9,486
up €9,486 (+77.1%), from €12,307 to €21,793
- Financial charges -€7,553
down €7,553 (-92.7%), from €8,146 to €593
- Staff costs +€4,520
up €4,520 (+4.3%), from €104,779 to €109,299
- Financial income +€3,058
up €3,058 (+2,180%), from €140 to €3,198
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 | €258,853 | €235,576 | -€23,277 | -9.0% |
| Fixed assets | 21/28 | €101,288 | €106,798 | +€5,510 | +5.4% |
| Tangible fixed assets | 22/27 | €19,580 | €25,090 | +€5,510 | +28.1% |
| Plant, machinery and equipment | 23 | €5,554 | €2,988 | -€2,566 | -46.2% |
| Other tangible fixed assets | 26 | €14,026 | €22,102 | +€8,077 | +57.6% |
| Financial fixed assets | 28 | €81,708 | €81,708 | = | 0.0% |
| Current assets | 29/58 | €157,565 | €128,778 | -€28,787 | -18.3% |
| Amounts receivable within one year | 40/41 | €120,000 | €96,242 | -€23,758 | -19.8% |
| Trade receivables | 40 | - | €6,242 | +€6,242 | |
| Other amounts receivable | 41 | €120,000 | €90,000 | -€30,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €37,565 | €32,536 | -€5,029 | -13.4% |
| Total equity and liabilities | 10/49 | €258,853 | €235,576 | -€23,277 | -9.0% |
| Equity | 10/15 | €141,451 | €130,954 | -€10,497 | -7.4% |
| Contributions | 10/11 | €74,370 | €74,370 | = | 0.0% |
| Capital | 10 | €74,370 | €74,370 | = | 0.0% |
| Issued capital | 100 | €74,370 | €74,370 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,644 | €49,147 | -€10,497 | -17.6% |
| Amounts payable | 17/49 | €117,402 | €104,622 | -€12,780 | -10.9% |
| Amounts payable within one year | 42/48 | €117,402 | €104,622 | -€12,780 | -10.9% |
| Trade debts | 44 | €10,205 | €2,286 | -€7,919 | -77.6% |
| Suppliers | 440/4 | €10,205 | €2,286 | -€7,919 | -77.6% |
| Taxes, remuneration and social security | 45 | €27,197 | €32,336 | +€5,139 | +18.9% |
| Taxes | 450/3 | €7,591 | €11,765 | +€4,174 | +55.0% |
| Remuneration and social security | 454/9 | €19,606 | €20,571 | +€965 | +4.9% |
| Other amounts payable | 47/48 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Remuneration, social security and pensions | 62 | €104,779 | €109,299 | +€4,520 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,123 | €6,012 | -€111 | -1.8% |
| Other operating charges | 640/8 | €25,728 | €25,415 | -€313 | -1.2% |
| Gross operating margin | 9900 | €245,308 | €219,417 | -€25,891 | -10.6% |
| Operating profit (loss) | 9901 | €108,679 | €78,691 | -€29,987 | -27.6% |
| Financial income | 75/76B | €140 | €3,198 | +€3,058 | +2,180% |
| Recurring financial income | 75 | €140 | €3,198 | +€3,058 | +2,180% |
| Financial charges | 65/66B | €8,146 | €593 | -€7,553 | -92.7% |
| Recurring financial charges | 65 | €8,146 | €593 | -€7,553 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | €100,673 | €81,297 | -€19,376 | -19.2% |
| Income taxes | 67/77 | €12,307 | €21,793 | +€9,486 | +77.1% |
| Profit (loss) for the period | 9904 | €88,366 | €59,503 | -€28,863 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,366 | €59,503 | -€28,863 | -32.7% |
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 13 October 2026 via checked.be.