PEPSANTE: 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.
PEPSANTE
Largest movements
- Receivables within one year +€65,926
up €65,926 (+372%), from €17,698 to €83,625
- Receivables after one year +€18,502
up €18,502 (+11.8%), from €157,194 to €175,696
- Tangible fixed assets +€3,161
up €3,161 (+67.5%), from €4,685 to €7,846
of which Furniture and vehicles: +€3,483
- Profit (loss) carried forward +€95,337
up €95,337 (+79.2%), from €120,362 to €215,699
- Tax, wage and social debts -€6,499
down €6,499 (-14.9%), from €43,523 to €37,024
of which Taxes: -€8,265
- Purchases and services -€96,410
no longer reported in 2025 (was €96,410)
- Gross operating margin -€33,873
down €33,873 (-17.6%), from €192,626 to €158,753
- Taxes -€8,265
down €8,265 (-23.7%), from €34,817 to €26,552
- Staff costs -€2,094
down €2,094 (-6.1%), from €34,346 to €32,252
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 | €212,339 | €301,233 | +€88,894 | +41.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €4,685 | €7,846 | +€3,161 | +67.5% |
| Tangible fixed assets | 22/27 | €4,685 | €7,846 | +€3,161 | +67.5% |
| Plant, machinery and equipment | 23 | €573 | €251 | -€322 | -56.1% |
| Furniture and vehicles | 24 | €4,112 | €7,594 | +€3,483 | +84.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €207,655 | €293,388 | +€85,733 | +41.3% |
| Amounts receivable after more than one year | 29 | €157,194 | €175,696 | +€18,502 | +11.8% |
| Trade receivables | 290 | €157,194 | €175,696 | +€18,502 | +11.8% |
| Amounts receivable within one year | 40/41 | €17,698 | €83,625 | +€65,926 | +372% |
| Other amounts receivable | 41 | €17,698 | €83,625 | +€65,926 | +372% |
| Cash at bank and in hand | 54/58 | €31,166 | €32,824 | +€1,657 | +5.3% |
| Deferred charges and accrued income | 490/1 | €1,595 | €1,243 | -€353 | -22.1% |
| Total equity and liabilities | 10/49 | €212,339 | €301,233 | +€88,894 | +41.9% |
| Equity | 10/15 | €167,742 | €263,080 | +€95,337 | +56.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €45,881 | €45,881 | = | 0.0% |
| Distributable reserves | 133 | €45,881 | €45,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,362 | €215,699 | +€95,337 | +79.2% |
| Amounts payable | 17/49 | €44,597 | €38,154 | -€6,443 | -14.4% |
| Amounts payable within one year | 42/48 | €44,597 | €38,154 | -€6,443 | -14.4% |
| Trade debts | 44 | €1,074 | €1,130 | +€56 | +5.2% |
| Suppliers | 440/4 | €1,074 | €1,130 | +€56 | +5.2% |
| Taxes, remuneration and social security | 45 | €43,523 | €37,024 | -€6,499 | -14.9% |
| Taxes | 450/3 | €38,317 | €30,052 | -€8,265 | -21.6% |
| Remuneration and social security | 454/9 | €5,206 | €6,972 | +€1,765 | +33.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €96,410 | - | -€96,410 | |
| Remuneration, social security and pensions | 62 | €34,346 | €32,252 | -€2,094 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,575 | €3,873 | +€1,298 | +50.4% |
| Other operating charges | 640/8 | - | €171 | +€171 | |
| Gross operating margin | 9900 | €192,626 | €158,753 | -€33,873 | -17.6% |
| Operating profit (loss) | 9901 | €155,704 | €122,457 | -€33,248 | -21.4% |
| Financial income | 75/76B | €70 | €394 | +€324 | +464% |
| Recurring financial income | 75 | €70 | €394 | +€324 | +464% |
| Financial charges | 65/66B | €596 | €960 | +€365 | +61.2% |
| Recurring financial charges | 65 | €596 | €960 | +€365 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €155,179 | €121,890 | -€33,289 | -21.5% |
| Income taxes | 67/77 | €34,817 | €26,552 | -€8,265 | -23.7% |
| Profit (loss) for the period | 9904 | €120,362 | €95,337 | -€25,024 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,362 | €95,337 | -€25,024 | -20.8% |
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 14 October 2026 via checked.be.