PEYO PRODUCTIONS: 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.
PEYO PRODUCTIONS
Largest movements
- Deferred charges and accrued income +€770,099
up €770,099 (+61.2%), from €1.3m to €2.0m
- Cash -€666,504
down €666,504 (-58.2%), from €1.1m to €479,096
mainly Investment in fixed assets (net) (-€1.8m) and Contributions, distributions and other (-€1.1m)
- Intangible fixed assets +€499,949
up €499,949 (+7.2%), from €7.0m to €7.5m
- Accrued charges and deferred income +€694,916
up €694,916 (+57.4%), from €1.2m to €1.9m
- Debts after one year +€365,172
up €365,172 (+16.6%), from €2.2m to €2.6m
- Trade debts -€360,569
down €360,569 (-29.5%), from €1.2m to €861,008
- Investment grants -€230,450
down €230,450 (-6.3%), from €3.7m to €3.4m
- Other debts +€200,000
up €200,000 (+28.6%), from €700,000 to €900,000
- Gross operating margin +€1.9m
up €1.9m (+812%), from €231,418 to €2.1m
- Taxes +€183,931
up €183,931 (+2,074%), from €8,870 to €192,802
- Financial charges +€43,946
up €43,946 (+48.9%), from €89,947 to €133,893
- Depreciation +€35,918
up €35,918 (+2.6%), from €1.4m to €1.4m
- Staff costs +€22,913
up €22,913 (+7.8%), from €293,894 to €316,807
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 | €11,384,201 | €12,042,290 | +€658,089 | +5.8% |
| Fixed assets | 21/28 | €7,233,297 | €7,670,702 | +€437,405 | +6.0% |
| Intangible fixed assets | 21 | €6,952,402 | €7,452,351 | +€499,949 | +7.2% |
| Tangible fixed assets | 22/27 | €280,845 | €218,301 | -€62,544 | -22.3% |
| Plant, machinery and equipment | 23 | €278,972 | €217,795 | -€61,177 | -21.9% |
| Furniture and vehicles | 24 | €1,873 | €506 | -€1,367 | -73.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €4,150,904 | €4,371,588 | +€220,684 | +5.3% |
| Amounts receivable within one year | 40/41 | €1,745,980 | €1,863,069 | +€117,089 | +6.7% |
| Trade receivables | 40 | €858,016 | €304,155 | -€553,861 | -64.6% |
| Other amounts receivable | 41 | €887,964 | €1,558,914 | +€670,950 | +75.6% |
| Cash at bank and in hand | 54/58 | €1,145,600 | €479,096 | -€666,504 | -58.2% |
| Deferred charges and accrued income | 490/1 | €1,259,324 | €2,029,423 | +€770,099 | +61.2% |
| Total equity and liabilities | 10/49 | €11,384,201 | €12,042,290 | +€658,089 | +5.8% |
| Equity | 10/15 | €4,494,472 | €4,418,648 | -€75,824 | -1.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €774,347 | €928,973 | +€154,626 | +20.0% |
| Investment grants | 15 | €3,652,475 | €3,422,025 | -€230,450 | -6.3% |
| Provisions and deferred taxes | 16 | €1,217,492 | €1,140,675 | -€76,817 | -6.3% |
| Deferred taxes | 168 | €1,217,492 | €1,140,675 | -€76,817 | -6.3% |
| Amounts payable | 17/49 | €5,672,237 | €6,482,968 | +€810,730 | +14.3% |
| Amounts payable after more than one year | 17 | €2,200,000 | €2,565,172 | +€365,172 | +16.6% |
| Financial debts | 170/4 | €2,200,000 | €2,565,172 | +€365,172 | +16.6% |
| Amounts payable within one year | 42/48 | €2,260,803 | €2,011,446 | -€249,358 | -11.0% |
| Financial debts | 43 | €100 | €91 | -€9 | -9.2% |
| Credit institutions | 430/8 | €100 | €91 | -€9 | -9.2% |
| Trade debts | 44 | €1,221,577 | €861,008 | -€360,569 | -29.5% |
| Suppliers | 440/4 | €1,221,577 | €861,008 | -€360,569 | -29.5% |
| Taxes, remuneration and social security | 45 | €339,127 | €250,347 | -€88,780 | -26.2% |
| Taxes | 450/3 | €286,552 | €202,410 | -€84,142 | -29.4% |
| Remuneration and social security | 454/9 | €52,575 | €47,938 | -€4,637 | -8.8% |
| Other amounts payable | 47/48 | €700,000 | €900,000 | +€200,000 | +28.6% |
| Accrued charges and deferred income | 492/3 | €1,211,434 | €1,906,350 | +€694,916 | +57.4% |
| Remuneration, social security and pensions | 62 | €293,894 | €316,807 | +€22,913 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,359,903 | €1,395,820 | +€35,918 | +2.6% |
| Other operating charges | 640/8 | €1,053 | €1,086 | +€34 | +3.2% |
| Gross operating margin | 9900 | €231,418 | €2,110,329 | +€1.9m | +812% |
| Operating profit (loss) | 9901 | -€1,423,431 | €396,615 | +€1.8m | |
| Financial income | 75/76B | €732,041 | €738,638 | +€6,598 | +0.9% |
| Recurring financial income | 75 | €732,041 | €738,638 | +€6,598 | +0.9% |
| Financial charges | 65/66B | €89,947 | €133,893 | +€43,946 | +48.9% |
| Recurring financial charges | 65 | €89,947 | €133,893 | +€43,946 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | -€781,337 | €1,001,361 | +€1.8m | |
| Transfer from deferred taxes | 780 | €244,013 | €246,067 | +€2,054 | +0.8% |
| Income taxes | 67/77 | €8,870 | €192,802 | +€183,931 | +2,074% |
| Profit (loss) for the period | 9904 | -€546,195 | €1,054,626 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€546,195 | €1,054,626 | +€1.6m |
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 30 October 2026 via checked.be.