PESSEMIER: 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.
What changed
PESSEMIER
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€97,995
2024 · €83,222+€14,773
Equity
€652,425
2024 · €554,430+€97,995
Cash
€3,293
2024 · -+€3,293
Balance sheet total
€916,412
2024 · €775,750+€140,663
Largest movements
Assets
- Tangible fixed assets +€79,141
up €79,141 (+19.4%), from €407,776 to €486,916
of which Furniture and vehicles: +€102,143
- Receivables within one year +€45,755
up €45,755 (+14.0%), from €327,338 to €373,094
of which Other amounts receivable: +€56,243
- Deferred charges and accrued income +€10,367
up €10,367 (+29.0%), from €35,740 to €46,107
Equity and liabilities
- Reserves +€97,995
up €97,995 (+19.9%), from €492,430 to €590,425
of which Distributable reserves: +€97,995
- Debts after one year +€67,641
up €67,641 (+129%), from €52,574 to €120,215
- Short-term financial debts -€13,089
no longer reported in 2025 (was €13,089)
Income statement
- Turnover +€1.0m
new in 2025: €1.0m
- Purchases and services +€635,473
new in 2025: €635,473
- Staff costs +€43,374
up €43,374 (+23.4%), from €185,339 to €228,713
- Gross operating margin +€39,290
up €39,290 (+8.9%), from €443,914 to €483,204
- Depreciation -€22,121
down €22,121 (-20.1%), from €109,859 to €87,738
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.
Result 2024
€83,222
Gross operating margin
+€39,290
Staff costs
-€43,374
Depreciation
+€22,121
Other operating charges
-€4,426
Other operating items
-€3,371
Financial income
+€9,446
Financial charges
-€832
Taxes
-€4,081
Result 2025
€97,995
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€119,920
Investment
-€166,878
Financing
+€50,251
Cash 2024
€0
From operations (derived)
+€119,920
Net result for the year
+€97,995
Depreciation
+€87,738
Stocks and contracts
-€2,107
Receivables within one year
-€45,755
Deferred charges and accrued income
-€10,367
Trade debts
-€3,637
Tax, wage and social debts
-€946
Accrued charges and deferred income
-€3,000
Investment (derived)
-€166,878
Investment in fixed assets (net)
-€166,878
Financing
+€50,251
Debts after one year
+€67,641
Current portion of long-term debt
-€4,301
Short-term financial debts
-€13,089
Cash 2025
€3,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €775,750 | €916,412 | +€140,663 | +18.1% |
| Fixed assets | 21/28 | €407,838 | €486,978 | +€79,141 | +19.4% |
| Tangible fixed assets | 22/27 | €407,776 | €486,916 | +€79,141 | +19.4% |
| Land and buildings | 22 | €214,796 | €199,018 | -€15,778 | -7.3% |
| Plant, machinery and equipment | 23 | €26,814 | €21,739 | -€5,074 | -18.9% |
| Furniture and vehicles | 24 | €155,444 | €257,586 | +€102,143 | +65.7% |
| Leasing and similar rights | 25 | €10,722 | €8,573 | -€2,149 | -20.0% |
| Financial fixed assets | 28 | €62 | €62 | -€0 | -0.3% |
| Current assets | 29/58 | €367,912 | €429,434 | +€61,522 | +16.7% |
| Stocks and contracts in progress | 3 | €4,834 | €6,940 | +€2,107 | +43.6% |
| Stocks | 30/36 | €4,834 | €6,940 | +€2,107 | +43.6% |
| Amounts receivable within one year | 40/41 | €327,338 | €373,094 | +€45,755 | +14.0% |
| Trade receivables | 40 | €118,887 | €108,399 | -€10,488 | -8.8% |
| Other amounts receivable | 41 | €208,452 | €264,695 | +€56,243 | +27.0% |
| Cash at bank and in hand | 54/58 | - | €3,293 | +€3,293 | |
| Deferred charges and accrued income | 490/1 | €35,740 | €46,107 | +€10,367 | +29.0% |
| Total equity and liabilities | 10/49 | €775,750 | €916,412 | +€140,663 | +18.1% |
| Equity | 10/15 | €554,430 | €652,425 | +€97,995 | +17.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €492,430 | €590,425 | +€97,995 | +19.9% |
| Non-distributable reserves | 130/1 | €12,673 | €12,673 | = | 0.0% |
| Legal reserve | 130 | €12,673 | €12,673 | = | 0.0% |
| Distributable reserves | 133 | €479,757 | €577,752 | +€97,995 | +20.4% |
| Amounts payable | 17/49 | €221,320 | €263,988 | +€42,668 | +19.3% |
| Amounts payable after more than one year | 17 | €52,574 | €120,215 | +€67,641 | +129% |
| Financial debts | 170/4 | €52,574 | €120,215 | +€67,641 | +129% |
| Amounts payable within one year | 42/48 | €165,745 | €143,772 | -€21,973 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €67,360 | €63,059 | -€4,301 | -6.4% |
| Financial debts | 43 | €13,089 | - | -€13,089 | |
| Credit institutions | 430/8 | €13,089 | - | -€13,089 | |
| Trade debts | 44 | €21,724 | €18,088 | -€3,637 | -16.7% |
| Suppliers | 440/4 | €21,724 | €18,088 | -€3,637 | -16.7% |
| Taxes, remuneration and social security | 45 | €63,572 | €62,626 | -€946 | -1.5% |
| Taxes | 450/3 | €63,572 | €15,461 | -€48,111 | -75.7% |
| Remuneration and social security | 454/9 | - | €47,165 | +€47,165 | |
| Accrued charges and deferred income | 492/3 | €3,000 | - | -€3,000 | |
| Turnover | 70 | - | €1,029,265 | +€1.0m | |
| Non-recurring operating income | 76A | €200 | - | -€200 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €635,473 | +€635,473 | |
| Remuneration, social security and pensions | 62 | €185,339 | €228,713 | +€43,374 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,859 | €87,738 | -€22,121 | -20.1% |
| Other operating charges | 640/8 | €30,129 | €34,555 | +€4,426 | +14.7% |
| Non-recurring operating charges | 66A | - | €3,371 | +€3,371 | |
| Gross operating margin | 9900 | €443,914 | €483,204 | +€39,290 | +8.9% |
| Operating profit (loss) | 9901 | €118,587 | €128,827 | +€10,240 | +8.6% |
| Financial income | 75/76B | €10,009 | €19,454 | +€9,446 | +94.4% |
| Recurring financial income | 75 | €10,009 | €15,241 | +€5,233 | +52.3% |
| Non-recurring financial income | 76B | - | €4,213 | +€4,213 | |
| Financial charges | 65/66B | €3,994 | €4,826 | +€832 | +20.8% |
| Recurring financial charges | 65 | €3,994 | €4,826 | +€832 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €124,602 | €143,455 | +€18,854 | +15.1% |
| Income taxes | 67/77 | €41,380 | €45,461 | +€4,081 | +9.9% |
| Profit (loss) for the period | 9904 | €83,222 | €97,995 | +€14,773 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,222 | €97,995 | +€14,773 | +17.8% |
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 18 October 2026 via checked.be.