PEPPR ADMIN: 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.
PEPPR ADMIN
Largest movements
- Receivables within one year +€99,709
up €99,709 (+85.1%), from €117,120 to €216,830
of which Trade receivables: +€63,094
- Cash -€22,578
down €22,578 (-45.9%), from €49,226 to €26,648
mainly Receivables within one year (-€99,709) and Net result for the year (-€30,045)
- Trade debts +€77,222
up €77,222 (+525.1%), from €14,708 to €91,930
- Tax, wage and social debts +€31,641
up €31,641 (+477.6%), from €6,625 to €38,266
of which Remuneration and social security: +€23,411
- Profit (loss) carried forward -€30,045
down €30,045 (-21.0%), from €142,756 to €112,711
- Staff costs +€181,446
up €181,446 (+456.1%), from €39,786 to €221,232
- Gross operating margin +€163,907
up €163,907 (+513.6%), from €31,914 to €195,820
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 | €171,654 | €250,474 | +€78,820 | +45.9% |
| Fixed assets | 21/28 | €4,969 | €4,487 | -€482 | -9.7% |
| Intangible fixed assets | 21 | €3,328 | €2,628 | -€700 | -21.0% |
| Tangible fixed assets | 22/27 | €591 | €809 | +€218 | +36.9% |
| Plant, machinery and equipment | 23 | €591 | €809 | +€218 | +36.9% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €166,685 | €245,987 | +€79,302 | +47.6% |
| Amounts receivable within one year | 40/41 | €117,120 | €216,830 | +€99,709 | +85.1% |
| Trade receivables | 40 | €17,466 | €80,560 | +€63,094 | +361.2% |
| Other amounts receivable | 41 | €99,654 | €136,270 | +€36,616 | +36.7% |
| Cash at bank and in hand | 54/58 | €49,226 | €26,648 | -€22,578 | -45.9% |
| Deferred charges and accrued income | 490/1 | €339 | €2,509 | +€2,170 | +639.6% |
| Total equity and liabilities | 10/49 | €171,654 | €250,474 | +€78,820 | +45.9% |
| Equity | 10/15 | €147,756 | €117,711 | -€30,045 | -20.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,756 | €112,711 | -€30,045 | -21.0% |
| Amounts payable | 17/49 | €23,898 | €132,763 | +€108,865 | +455.5% |
| Amounts payable within one year | 42/48 | €21,333 | €130,196 | +€108,864 | +510.3% |
| Trade debts | 44 | €14,708 | €91,930 | +€77,222 | +525.1% |
| Suppliers | 440/4 | €14,708 | €91,930 | +€77,222 | +525.1% |
| Taxes, remuneration and social security | 45 | €6,625 | €38,266 | +€31,641 | +477.6% |
| Taxes | 450/3 | €102 | €8,332 | +€8,230 | +8098.0% |
| Remuneration and social security | 454/9 | €6,523 | €29,934 | +€23,411 | +358.9% |
| Accrued charges and deferred income | 492/3 | €2,566 | €2,567 | +€1 | +0.1% |
| Remuneration, social security and pensions | 62 | €39,786 | €221,232 | +€181,446 | +456.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €591 | €1,142 | +€551 | +93.4% |
| Other operating charges | 640/8 | €899 | €988 | +€89 | +9.9% |
| Gross operating margin | 9900 | €31,914 | €195,820 | +€163,907 | +513.6% |
| Operating profit (loss) | 9901 | -€9,362 | -€27,542 | -€18,180 | -194.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €434 | €1,971 | +€1,537 | +353.9% |
| Recurring financial charges | 65 | €434 | €1,971 | +€1,537 | +353.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,796 | -€29,511 | -€19,715 | -201.3% |
| Income taxes | 67/77 | €102 | €534 | +€432 | +425.1% |
| Profit (loss) for the period | 9904 | -€9,898 | -€30,045 | -€20,147 | -203.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,898 | -€30,045 | -€20,147 | -203.6% |
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 7 October 2026 via checked.be.