Sergeant Pepper: 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.
Sergeant Pepper
Largest movements
- Cash +€171,152
up €171,152 (+424.5%), from €40,323 to €211,475
mainly Net result for the year (+€147,430) and Current investments (+€55,000)
- Current investments -€55,000
down €55,000 (-33.3%), from €165,000 to €110,000
- Receivables within one year -€18,404
down €18,404 (-16.9%), from €108,707 to €90,302
of which Trade receivables: -€12,939
- Reserves +€147,430
up €147,430 (+7926.3%), from €1,860 to €149,290
- Other debts -€70,744
down €70,744 (-94.3%), from €75,000 to €4,256
- Tax, wage and social debts +€12,550
up €12,550 (+56.9%), from €22,066 to €34,616
- Short-term financial debts +€10,113
up €10,113 (+57.8%), from €17,500 to €27,613
- Gross operating margin -€14,949
down €14,949 (-6.5%), from €229,875 to €214,926
- Taxes +€11,107
up €11,107 (+21.0%), from €52,929 to €64,036
- Financial income +€2,889
up €2,889 (+478.5%), from €604 to €3,492
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 | €338,149 | €435,998 | +€97,849 | +28.9% |
| Fixed assets | 21/28 | €10,562 | €10,598 | +€36 | +0.3% |
| Tangible fixed assets | 22/27 | €10,562 | €10,598 | +€36 | +0.3% |
| Plant, machinery and equipment | 23 | €915 | €585 | -€330 | -36.1% |
| Furniture and vehicles | 24 | €3,400 | €5,210 | +€1,810 | +53.2% |
| Other tangible fixed assets | 26 | €6,247 | €4,803 | -€1,444 | -23.1% |
| Current assets | 29/58 | €327,587 | €425,400 | +€97,813 | +29.9% |
| Amounts receivable within one year | 40/41 | €108,707 | €90,302 | -€18,404 | -16.9% |
| Trade receivables | 40 | €103,241 | €90,302 | -€12,939 | -12.5% |
| Other amounts receivable | 41 | €5,466 | - | -€5,466 | |
| Current investments | 50/53 | €165,000 | €110,000 | -€55,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €40,323 | €211,475 | +€171,152 | +424.5% |
| Deferred charges and accrued income | 490/1 | €13,558 | €13,623 | +€65 | +0.5% |
| Total equity and liabilities | 10/49 | €338,149 | €435,998 | +€97,849 | +28.9% |
| Equity | 10/15 | €221,378 | €368,807 | +€147,430 | +66.6% |
| Reserves | 13 | €1,860 | €149,290 | +€147,430 | +7926.3% |
| Distributable reserves | 133 | €1,860 | €149,290 | +€147,430 | +7926.3% |
| Profit (loss) carried forward | 14 | €219,518 | €219,518 | = | 0.0% |
| Amounts payable | 17/49 | €116,771 | €67,191 | -€49,581 | -42.5% |
| Amounts payable within one year | 42/48 | €116,771 | €67,191 | -€49,581 | -42.5% |
| Financial debts | 43 | €17,500 | €27,613 | +€10,113 | +57.8% |
| Credit institutions | 430/8 | €17,500 | €27,613 | +€10,113 | +57.8% |
| Trade debts | 44 | €2,205 | €706 | -€1,500 | -68.0% |
| Suppliers | 440/4 | €2,205 | €706 | -€1,500 | -68.0% |
| Taxes, remuneration and social security | 45 | €22,066 | €34,616 | +€12,550 | +56.9% |
| Taxes | 450/3 | €22,066 | €34,616 | +€12,550 | +56.9% |
| Other amounts payable | 47/48 | €75,000 | €4,256 | -€70,744 | -94.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,800 | €4,750 | -€50 | -1.0% |
| Other operating charges | 640/8 | €1,662 | €1,090 | -€572 | -34.4% |
| Gross operating margin | 9900 | €229,875 | €214,926 | -€14,949 | -6.5% |
| Operating profit (loss) | 9901 | €223,412 | €209,086 | -€14,326 | -6.4% |
| Financial income | 75/76B | €604 | €3,492 | +€2,889 | +478.5% |
| Recurring financial income | 75 | €604 | €3,492 | +€2,889 | +478.5% |
| Financial charges | 65/66B | €560 | €1,112 | +€552 | +98.7% |
| Recurring financial charges | 65 | €560 | €1,112 | +€552 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | €223,456 | €211,466 | -€11,990 | -5.4% |
| Income taxes | 67/77 | €52,929 | €64,036 | +€11,107 | +21.0% |
| Profit (loss) for the period | 9904 | €170,527 | €147,430 | -€23,097 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €170,527 | €147,430 | -€23,097 | -13.5% |
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 11 October 2026 via checked.be.