PESSER-COLLIN CONSTRUCTIONS: 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.
PESSER-COLLIN CONSTRUCTIONS
Largest movements
- Tangible fixed assets -€252,355
down €252,355 (-49.0%), from €514,559 to €262,205
of which Furniture and vehicles: -€198,416
- Receivables within one year +€98,984
up €98,984 (+26.5%), from €373,366 to €472,349
of which Other amounts receivable: +€413,743
- Cash -€97,607
down €97,607 (-95.5%), from €102,177 to €4,570
mainly Trade debts (-€169,051) and Receivables within one year (-€98,984)
- Deferred charges and accrued income +€13,029
up €13,029 (+2,499%), from €521 to €13,550
- Intangible fixed assets -€10,521
no longer reported in 2025 (was €10,521)
- Trade debts -€169,051
down €169,051 (-97.9%), from €172,749 to €3,698
- Tax, wage and social debts -€58,011
down €58,011 (-99.9%), from €58,070 to €59
of which Remuneration and social security: -€56,615
- Profit (loss) carried forward -€21,920
down €21,920, from €976 to -€20,944
- Debts after one year -€16,826
down €16,826 (-7.8%), from €214,597 to €197,772
of which Financial debts: -€24,626
- Other debts +€11,425
up €11,425 (+2.8%), from €410,551 to €421,976
- Gross operating margin -€455,832
down €455,832 (-86.2%), from €528,736 to €72,904
- Staff costs -€389,595
down €389,595 (-86.9%), from €448,272 to €58,677
- Depreciation -€36,069
down €36,069 (-62.8%), from €57,400 to €21,331
- Financial income +€11,116
up €11,116 (+449%), from €2,473 to €13,590
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 | €1,001,820 | €752,675 | -€249,145 | -24.9% |
| Fixed assets | 21/28 | €525,755 | €262,205 | -€263,551 | -50.1% |
| Intangible fixed assets | 21 | €10,521 | - | -€10,521 | |
| Tangible fixed assets | 22/27 | €514,559 | €262,205 | -€252,355 | -49.0% |
| Land and buildings | 22 | €283,536 | €262,205 | -€21,331 | -7.5% |
| Plant, machinery and equipment | 23 | €32,608 | - | -€32,608 | |
| Furniture and vehicles | 24 | €198,416 | - | -€198,416 | |
| Financial fixed assets | 28 | €675 | - | -€675 | |
| Current assets | 29/58 | €476,065 | €490,470 | +€14,405 | +3.0% |
| Amounts receivable within one year | 40/41 | €373,366 | €472,349 | +€98,984 | +26.5% |
| Trade receivables | 40 | €320,381 | €5,622 | -€314,759 | -98.2% |
| Other amounts receivable | 41 | €52,985 | €466,728 | +€413,743 | +781% |
| Cash at bank and in hand | 54/58 | €102,177 | €4,570 | -€97,607 | -95.5% |
| Deferred charges and accrued income | 490/1 | €521 | €13,550 | +€13,029 | +2,499% |
| Total equity and liabilities | 10/49 | €1,001,820 | €752,675 | -€249,145 | -24.9% |
| Equity | 10/15 | €105,360 | €83,440 | -€21,920 | -20.8% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Reserves | 13 | €85,584 | €85,584 | = | 0.0% |
| Distributable reserves | 133 | €85,584 | €85,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | €976 | -€20,944 | -€21,920 | |
| Amounts payable | 17/49 | €896,460 | €669,235 | -€227,225 | -25.3% |
| Amounts payable after more than one year | 17 | €214,597 | €197,772 | -€16,826 | -7.8% |
| Financial debts | 170/4 | €214,597 | €189,972 | -€24,626 | -11.5% |
| Other amounts payable | 178/9 | - | €7,800 | +€7,800 | |
| Amounts payable within one year | 42/48 | €670,438 | €450,359 | -€220,078 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €29,068 | €24,626 | -€4,442 | -15.3% |
| Trade debts | 44 | €172,749 | €3,698 | -€169,051 | -97.9% |
| Suppliers | 440/4 | €172,749 | €3,698 | -€169,051 | -97.9% |
| Taxes, remuneration and social security | 45 | €58,070 | €59 | -€58,011 | -99.9% |
| Taxes | 450/3 | €1,396 | - | -€1,396 | |
| Remuneration and social security | 454/9 | €56,674 | €59 | -€56,615 | -99.9% |
| Other amounts payable | 47/48 | €410,551 | €421,976 | +€11,425 | +2.8% |
| Accrued charges and deferred income | 492/3 | €11,425 | €21,104 | +€9,679 | +84.7% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €448,272 | €58,677 | -€389,595 | -86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,400 | €21,331 | -€36,069 | -62.8% |
| Other operating charges | 640/8 | €1,893 | €1,849 | -€44 | -2.3% |
| Gross operating margin | 9900 | €528,736 | €72,904 | -€455,832 | -86.2% |
| Operating profit (loss) | 9901 | €21,171 | -€8,953 | -€30,124 | |
| Financial income | 75/76B | €2,473 | €13,590 | +€11,116 | +449% |
| Recurring financial income | 75 | €2,473 | €13,590 | +€11,116 | +449% |
| Financial charges | 65/66B | €22,668 | €26,557 | +€3,889 | +17.2% |
| Recurring financial charges | 65 | €22,668 | €26,557 | +€3,889 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €976 | -€21,920 | -€22,896 | |
| Profit (loss) for the period | 9904 | €976 | -€21,920 | -€22,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €976 | -€21,920 | -€22,896 |
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 19 October 2026 via checked.be.