PEPS Management: what changed
What changed
PEPS Management
NACE 82.300, Organisation of conventions and trade shows
filed annual accounts (NBB)
Net result for the year
€2,034
2024 · -€10,685+€12,719
Equity
€11,510
2024 · €9,476+€2,034
Cash
€16,600
2024 · €12,940+€3,659
Balance sheet total
€38,626
2024 · €27,094+€11,533
Largest movements
Assets
- Receivables within one year +€6,503
up €6,503 (+109%), from €5,942 to €12,445
- Cash +€3,659
up €3,659 (+28.3%), from €12,940 to €16,600
mainly Other debts (+€9,411) and Depreciation (+€2,887)
- Financial fixed assets +€1,250
new in 2025: €1,250
Equity and liabilities
- Other debts +€9,411
up €9,411 (+117%), from €8,073 to €17,483
- Profit (loss) carried forward +€2,034
up €2,034 (+21.6%), from -€9,434 to -€7,400
- Tax, wage and social debts +€2,008
up €2,008 (+144%), from €1,396 to €3,403
- Trade debts -€1,920
down €1,920 (-87.5%), from €2,194 to €274
Income statement
- Gross operating margin +€12,229
up €12,229, from -€7,350 to €4,878
- Other operating charges -€363
down €363 (-94.4%), from €384 to €22
- Taxes -€331
down €331, from €106 to -€225
- Depreciation +€251
up €251 (+9.5%), from €2,636 to €2,887
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€10,685
Gross operating margin
+€12,229
Depreciation
-€251
Other operating charges
+€363
Financial income
+€1
Financial charges
+€47
Taxes
+€331
Result 2025
€2,034
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€8,000
Investment
-€4,340
Financing
€0
Cash 2024
€12,940
From operations (derived)
+€8,000
Net result for the year
+€2,034
Depreciation
+€2,887
Receivables within one year
-€6,503
Deferred charges and accrued income
+€83
Trade debts
-€1,920
Tax, wage and social debts
+€2,008
Other debts
+€9,411
Investment (derived)
-€4,340
Investment in fixed assets (net)
-€4,340
Cash 2025
€16,600
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,094 | €38,626 | +€11,533 | +42.6% |
| Fixed assets | 21/28 | €8,129 | €9,582 | +€1,453 | +17.9% |
| Tangible fixed assets | 22/27 | €8,129 | €8,332 | +€203 | +2.5% |
| Plant, machinery and equipment | 23 | €5,270 | €4,386 | -€884 | -16.8% |
| Furniture and vehicles | 24 | €2,858 | €3,945 | +€1,087 | +38.0% |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €18,965 | €29,045 | +€10,080 | +53.1% |
| Amounts receivable within one year | 40/41 | €5,942 | €12,445 | +€6,503 | +109% |
| Trade receivables | 40 | €5,942 | €12,445 | +€6,503 | +109% |
| Cash at bank and in hand | 54/58 | €12,940 | €16,600 | +€3,659 | +28.3% |
| Deferred charges and accrued income | 490/1 | €83 | - | -€83 | |
| Total equity and liabilities | 10/49 | €27,094 | €38,626 | +€11,533 | +42.6% |
| Equity | 10/15 | €9,476 | €11,510 | +€2,034 | +21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €310 | €310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €310 | €310 | = | 0.0% |
| Reserves not available under the articles | 1311 | €310 | €310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,434 | -€7,400 | +€2,034 | +21.6% |
| Amounts payable | 17/49 | €17,618 | €27,117 | +€9,499 | +53.9% |
| Amounts payable within one year | 42/48 | €11,662 | €21,161 | +€9,499 | +81.5% |
| Trade debts | 44 | €2,194 | €274 | -€1,920 | -87.5% |
| Suppliers | 440/4 | €2,194 | €274 | -€1,920 | -87.5% |
| Taxes, remuneration and social security | 45 | €1,396 | €3,403 | +€2,008 | +144% |
| Taxes | 450/3 | €1,396 | €3,403 | +€2,008 | +144% |
| Other amounts payable | 47/48 | €8,073 | €17,483 | +€9,411 | +117% |
| Accrued charges and deferred income | 492/3 | €5,956 | €5,956 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,636 | €2,887 | +€251 | +9.5% |
| Other operating charges | 640/8 | €384 | €22 | -€363 | -94.4% |
| Gross operating margin | 9900 | -€7,350 | €4,878 | +€12,229 | |
| Operating profit (loss) | 9901 | -€10,371 | €1,970 | +€12,341 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €208 | €162 | -€47 | -22.4% |
| Recurring financial charges | 65 | €208 | €162 | -€47 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,579 | €1,809 | +€12,388 | |
| Income taxes | 67/77 | €106 | -€225 | -€331 | |
| Profit (loss) for the period | 9904 | -€10,685 | €2,034 | +€12,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,685 | €2,034 | +€12,719 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.