PEY: 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.
PEY
Largest movements
- Cash +€33,981
up €33,981 (+77.9%), from €43,602 to €77,583
mainly Net result for the year (+€29,197) and Trade debts (+€8,076)
- Receivables within one year +€11,113
up €11,113 (+119.0%), from €9,336 to €20,449
- Current investments -€7,689
down €7,689 (-100.0%), from €7,689 to €0
- Deferred charges and accrued income -€4,073
down €4,073 (-100.0%), from €4,073 to €0
- Tangible fixed assets -€1,175
down €1,175 (-100.0%), from €1,175 to €0
- Reserves +€29,197
up €29,197 (+50.1%), from €58,259 to €87,456
- Trade debts +€8,076
up €8,076 (+808.0%), from €999 to €9,076
- Tax, wage and social debts -€4,283
down €4,283 (-100.0%), from €4,283 to €0
- Gross operating margin -€10,389
down €10,389 (-21.7%), from €47,885 to €37,496
- Financial charges -€3,482
down €3,482, from €3,300 to -€181
- Financial income +€2,042
up €2,042 (+1790.6%), from €114 to €2,156
- Taxes -€1,814
down €1,814 (-14.6%), from €12,451 to €10,637
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,874 | €98,031 | +€32,157 | +48.8% |
| Fixed assets | 21/28 | €1,175 | €0 | -€1,175 | -100.0% |
| Tangible fixed assets | 22/27 | €1,175 | €0 | -€1,175 | -100.0% |
| Plant, machinery and equipment | 23 | €1,175 | €0 | -€1,175 | -100.0% |
| Current assets | 29/58 | €64,700 | €98,031 | +€33,332 | +51.5% |
| Amounts receivable within one year | 40/41 | €9,336 | €20,449 | +€11,113 | +119.0% |
| Other amounts receivable | 41 | €9,336 | €20,449 | +€11,113 | +119.0% |
| Current investments | 50/53 | €7,689 | €0 | -€7,689 | -100.0% |
| Cash at bank and in hand | 54/58 | €43,602 | €77,583 | +€33,981 | +77.9% |
| Deferred charges and accrued income | 490/1 | €4,073 | €0 | -€4,073 | -100.0% |
| Total equity and liabilities | 10/49 | €65,874 | €98,031 | +€32,157 | +48.8% |
| Equity | 10/15 | €59,759 | €88,956 | +€29,197 | +48.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €58,259 | €87,456 | +€29,197 | +50.1% |
| Distributable reserves | 133 | €58,259 | €87,456 | +€29,197 | +50.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,115 | €9,076 | +€2,960 | +48.4% |
| Amounts payable within one year | 42/48 | €6,115 | €9,076 | +€2,960 | +48.4% |
| Trade debts | 44 | €999 | €9,076 | +€8,076 | +808.0% |
| Suppliers | 440/4 | €999 | €9,076 | +€8,076 | +808.0% |
| Taxes, remuneration and social security | 45 | €4,283 | €0 | -€4,283 | -100.0% |
| Taxes | 450/3 | €4,283 | €0 | -€4,283 | -100.0% |
| Other amounts payable | 47/48 | €833 | €0 | -€833 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125 | €0 | -€125 | -100.0% |
| Other operating charges | 640/8 | €270 | €0 | -€270 | -100.0% |
| Gross operating margin | 9900 | €47,885 | €37,496 | -€10,389 | -21.7% |
| Operating profit (loss) | 9901 | €47,490 | €37,496 | -€9,993 | -21.0% |
| Financial income | 75/76B | €114 | €2,156 | +€2,042 | +1790.6% |
| Recurring financial income | 75 | €114 | €2,156 | +€2,042 | +1790.6% |
| Financial charges | 65/66B | €3,300 | -€181 | -€3,482 | |
| Recurring financial charges | 65 | €3,300 | -€181 | -€3,482 | |
| Profit (loss) for the period before taxes | 9903 | €44,304 | €39,834 | -€4,469 | -10.1% |
| Income taxes | 67/77 | €12,451 | €10,637 | -€1,814 | -14.6% |
| Profit (loss) for the period | 9904 | €31,853 | €29,197 | -€2,656 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,853 | €29,197 | -€2,656 | -8.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.