PepsFormance: 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.
PepsFormance
Largest movements
- Receivables within one year -€8,329
down €8,329 (-41.5%), from €20,079 to €11,750
of which Trade receivables: -€8,121
- Tangible fixed assets -€3,807
down €3,807 (-23.7%), from €16,070 to €12,263
- Cash -€2,636
down €2,636 (-7.5%), from €35,378 to €32,741
mainly Contributions, distributions and other (-€28,362) and Investment in fixed assets (net) (-€1,750)
- Reserves -€28,362
down €28,362 (-53.7%), from €52,858 to €24,497
- Profit (loss) carried forward +€6,339
up €6,339 (+79.9%), from -€7,936 to -€1,597
- Tax, wage and social debts +€3,374
up €3,374 (+725%), from €466 to €3,839
- Other debts +€3,209
up €3,209 (+102%), from €3,140 to €6,349
- Gross operating margin +€19,073
up €19,073, from -€2,681 to €16,392
- Taxes +€2,416
up €2,416 (+1,391%), from €174 to €2,590
- Other operating charges +€384
up €384 (+29.1%), from €1,322 to €1,707
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 | €74,613 | €59,289 | -€15,324 | -20.5% |
| Fixed assets | 21/28 | €16,070 | €12,263 | -€3,807 | -23.7% |
| Tangible fixed assets | 22/27 | €16,070 | €12,263 | -€3,807 | -23.7% |
| Furniture and vehicles | 24 | €16,070 | €12,263 | -€3,807 | -23.7% |
| Current assets | 29/58 | €58,544 | €47,026 | -€11,517 | -19.7% |
| Amounts receivable within one year | 40/41 | €20,079 | €11,750 | -€8,329 | -41.5% |
| Trade receivables | 40 | €15,010 | €6,889 | -€8,121 | -54.1% |
| Other amounts receivable | 41 | €5,069 | €4,861 | -€208 | -4.1% |
| Cash at bank and in hand | 54/58 | €35,378 | €32,741 | -€2,636 | -7.5% |
| Deferred charges and accrued income | 490/1 | €3,087 | €2,535 | -€552 | -17.9% |
| Total equity and liabilities | 10/49 | €74,613 | €59,289 | -€15,324 | -20.5% |
| Equity | 10/15 | €63,514 | €41,492 | -€22,022 | -34.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €52,858 | €24,497 | -€28,362 | -53.7% |
| Distributable reserves | 133 | €52,858 | €24,497 | -€28,362 | -53.7% |
| Profit (loss) carried forward | 14 | -€7,936 | -€1,597 | +€6,339 | +79.9% |
| Amounts payable | 17/49 | €11,100 | €17,797 | +€6,698 | +60.3% |
| Amounts payable within one year | 42/48 | €11,100 | €17,797 | +€6,698 | +60.3% |
| Trade debts | 44 | €7,494 | €7,609 | +€115 | +1.5% |
| Suppliers | 440/4 | €7,494 | €7,609 | +€115 | +1.5% |
| Taxes, remuneration and social security | 45 | €466 | €3,839 | +€3,374 | +725% |
| Taxes | 450/3 | €466 | €3,839 | +€3,374 | +725% |
| Other amounts payable | 47/48 | €3,140 | €6,349 | +€3,209 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,429 | €5,557 | +€128 | +2.4% |
| Other operating charges | 640/8 | €1,322 | €1,707 | +€384 | +29.1% |
| Gross operating margin | 9900 | -€2,681 | €16,392 | +€19,073 | |
| Operating profit (loss) | 9901 | -€9,432 | €9,128 | +€18,560 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €190 | €199 | +€9 | +4.7% |
| Recurring financial charges | 65 | €190 | €199 | +€9 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,622 | €8,929 | +€18,551 | |
| Income taxes | 67/77 | €174 | €2,590 | +€2,416 | +1,391% |
| Profit (loss) for the period | 9904 | -€9,796 | €6,339 | +€16,135 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,796 | €6,339 | +€16,135 |
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 31 October 2026 via checked.be.