Peulen: what changed
Two fiscal 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.
Peulen
Largest movements
- Cash +€56,968
up €56,968 (+5620.7%), from €1,014 to €57,982
mainly Net result for the year (+€37,398) and Receivables within one year (+€15,546)
- Receivables within one year -€15,546
down €15,546 (-79.1%), from €19,642 to €4,097
of which Trade receivables: -€15,054
- Tangible fixed assets -€1,808
down €1,808 (-5.4%), from €33,581 to €31,774
of which Plant, machinery and equipment: -€3,327
- Profit (loss) carried forward +€36,565
up €36,565 (+95.2%), from €38,416 to €74,981
- Trade debts +€2,065
up €2,065 (+629.9%), from €328 to €2,393
- Other debts -€1,872
down €1,872 (-19.2%), from €9,766 to €7,895
- Current portion of long-term debt +€1,667
new in 2025: €1,667
- Gross operating margin +€26,146
up €26,146 (+83.7%), from €31,230 to €57,375
- Taxes +€4,853
up €4,853 (+99.0%), from €4,903 to €9,757
- Staff costs +€1,764
up €1,764 (+707.0%), from €249 to €2,013
- Other operating charges +€994
up €994 (+188.2%), from €528 to €1,522
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.
Cash bridge derived
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 | €58,626 | €97,885 | +€39,259 | +67.0% |
| Fixed assets | 21/28 | €33,581 | €31,774 | -€1,808 | -5.4% |
| Tangible fixed assets | 22/27 | €33,581 | €31,774 | -€1,808 | -5.4% |
| Plant, machinery and equipment | 23 | €27,894 | €24,567 | -€3,327 | -11.9% |
| Furniture and vehicles | 24 | €5,687 | €7,207 | +€1,520 | +26.7% |
| Current assets | 29/58 | €25,045 | €66,111 | +€41,066 | +164.0% |
| Stocks and contracts in progress | 3 | €3,041 | €3,041 | = | 0.0% |
| Stocks | 30/36 | €3,041 | €3,041 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,642 | €4,097 | -€15,546 | -79.1% |
| Trade receivables | 40 | €19,151 | €4,097 | -€15,054 | -78.6% |
| Other amounts receivable | 41 | €491 | €0 | -€491 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,014 | €57,982 | +€56,968 | +5620.7% |
| Deferred charges and accrued income | 490/1 | €1,348 | €991 | -€356 | -26.4% |
| Total equity and liabilities | 10/49 | €58,626 | €97,885 | +€39,259 | +67.0% |
| Equity | 10/15 | €40,416 | €76,981 | +€36,565 | +90.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,416 | €74,981 | +€36,565 | +95.2% |
| Amounts payable | 17/49 | €18,210 | €20,904 | +€2,694 | +14.8% |
| Amounts payable within one year | 42/48 | €18,144 | €20,904 | +€2,760 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | - | €1,667 | +€1,667 | |
| Trade debts | 44 | €328 | €2,393 | +€2,065 | +629.9% |
| Suppliers | 440/4 | €328 | €2,393 | +€2,065 | +629.9% |
| Taxes, remuneration and social security | 45 | €8,050 | €8,949 | +€900 | +11.2% |
| Taxes | 450/3 | €6,050 | €6,949 | +€900 | +14.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €9,766 | €7,895 | -€1,872 | -19.2% |
| Accrued charges and deferred income | 492/3 | €67 | €0 | -€67 | -100.0% |
| Remuneration, social security and pensions | 62 | €249 | €2,013 | +€1,764 | +707.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,282 | €5,830 | +€548 | +10.4% |
| Other operating charges | 640/8 | €528 | €1,522 | +€994 | +188.2% |
| Gross operating margin | 9900 | €31,230 | €57,375 | +€26,146 | +83.7% |
| Operating profit (loss) | 9901 | €25,170 | €48,010 | +€22,840 | +90.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,083 | €855 | -€228 | -21.0% |
| Recurring financial charges | 65 | €1,083 | €855 | -€228 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €24,087 | €47,155 | +€23,067 | +95.8% |
| Income taxes | 67/77 | €4,903 | €9,757 | +€4,853 | +99.0% |
| Profit (loss) for the period | 9904 | €19,184 | €37,398 | +€18,214 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,184 | €37,398 | +€18,214 | +94.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.