PEPPINIELLO: 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.
PEPPINIELLO
Largest movements
- Cash +€32,894
new in 2025: €32,894
mainly Trade debts (+€26,901) and Tax, wage and social debts (+€15,034)
- Stocks and contracts +€11,850
new in 2025: €11,850
- Financial fixed assets +€1,900
new in 2025: €1,900
- Tangible fixed assets +€1,636
new in 2025: €1,636
- Trade debts +€26,901
new in 2025: €26,901
- Tax, wage and social debts +€15,034
new in 2025: €15,034
of which Taxes: +€7,943
- Other debts +€4,657
new in 2025: €4,657
- Reserves +€2,039
new in 2025: €2,039
- Turnover +€180,472
new in 2025: €180,472
- Purchases and services +€142,282
new in 2025: €142,282
- Gross operating margin +€38,304
new in 2025: €38,304
- Staff costs +€31,570
new in 2025: €31,570
- Other operating charges +€2,398
new in 2025: €2,398
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €5,000 | €53,631 | +€48,631 | +973% |
| Fixed assets | 21/28 | - | €3,536 | +€3,536 | |
| Tangible fixed assets | 22/27 | - | €1,636 | +€1,636 | |
| Furniture and vehicles | 24 | - | €1,636 | +€1,636 | |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €5,000 | €50,096 | +€45,096 | +902% |
| Stocks and contracts in progress | 3 | - | €11,850 | +€11,850 | |
| Stocks | 30/36 | - | €11,850 | +€11,850 | |
| Amounts receivable within one year | 40/41 | €5,000 | €5,351 | +€351 | +7.0% |
| Other amounts receivable | 41 | €5,000 | €5,351 | +€351 | +7.0% |
| Cash at bank and in hand | 54/58 | - | €32,894 | +€32,894 | |
| Total equity and liabilities | 10/49 | €5,000 | €53,631 | +€48,631 | +973% |
| Equity | 10/15 | €5,000 | €7,039 | +€2,039 | +40.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €2,039 | +€2,039 | |
| Distributable reserves | 133 | - | €2,039 | +€2,039 | |
| Amounts payable | 17/49 | - | €46,593 | +€46,593 | |
| Amounts payable within one year | 42/48 | - | €46,593 | +€46,593 | |
| Trade debts | 44 | - | €26,901 | +€26,901 | |
| Suppliers | 440/4 | - | €26,901 | +€26,901 | |
| Taxes, remuneration and social security | 45 | - | €15,034 | +€15,034 | |
| Taxes | 450/3 | - | €7,943 | +€7,943 | |
| Remuneration and social security | 454/9 | - | €7,091 | +€7,091 | |
| Other amounts payable | 47/48 | - | €4,657 | +€4,657 | |
| Turnover | 70 | - | €180,472 | +€180,472 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €142,282 | +€142,282 | |
| Remuneration, social security and pensions | 62 | - | €31,570 | +€31,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €143 | +€143 | |
| Other operating charges | 640/8 | - | €2,398 | +€2,398 | |
| Gross operating margin | 9900 | - | €38,304 | +€38,304 | |
| Operating profit (loss) | 9901 | - | €4,193 | +€4,193 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €1,276 | +€1,276 | |
| Recurring financial charges | 65 | - | €1,276 | +€1,276 | |
| Profit (loss) for the period before taxes | 9903 | - | €2,918 | +€2,918 | |
| Income taxes | 67/77 | - | €879 | +€879 | |
| Profit (loss) for the period | 9904 | - | €2,039 | +€2,039 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €2,039 | +€2,039 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.