TOM PELGROMS: 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.
TOM PELGROMS
Largest movements
- Deferred charges and accrued income -€31,854
down €31,854 (-90.8%), from €35,086 to €3,232
- Receivables within one year +€12,479
up €12,479 (+19.7%), from €63,403 to €75,882
of which Trade receivables: +€20,226
- Tangible fixed assets -€5,285
down €5,285 (-14.0%), from €37,752 to €32,467
- Tax, wage and social debts -€20,268
down €20,268 (-46.6%), from €43,452 to €23,184
of which Remuneration and social security: -€26,043
- Other debts -€8,869
down €8,869 (-38.4%), from €23,075 to €14,206
- Trade debts +€6,530
up €6,530 (+120%), from €5,446 to €11,976
- Current portion of long-term debt -€2,106
no longer reported in 2025 (was €2,106)
- Reserves -€1,860
down €1,860 (-3.9%), from €47,187 to €45,327
of which Non-distributable reserves: -€1,860
- Staff costs -€17,721
down €17,721 (-11.1%), from €159,785 to €142,064
- Gross operating margin -€4,436
down €4,436 (-2.5%), from €176,644 to €172,208
- Taxes +€2,753
up €2,753 (+909%), from €303 to €3,056
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 | €179,285 | €152,973 | -€26,312 | -14.7% |
| Fixed assets | 21/28 | €37,867 | €32,582 | -€5,285 | -14.0% |
| Tangible fixed assets | 22/27 | €37,752 | €32,467 | -€5,285 | -14.0% |
| Land and buildings | 22 | €9,862 | €7,612 | -€2,250 | -22.8% |
| Plant, machinery and equipment | 23 | €5,114 | €2,570 | -€2,544 | -49.7% |
| Furniture and vehicles | 24 | €17,169 | €18,985 | +€1,816 | +10.6% |
| Leasing and similar rights | 25 | €103 | - | -€103 | |
| Other tangible fixed assets | 26 | €5,503 | €3,300 | -€2,204 | -40.0% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €141,418 | €120,392 | -€21,026 | -14.9% |
| Amounts receivable within one year | 40/41 | €63,403 | €75,882 | +€12,479 | +19.7% |
| Trade receivables | 40 | €54,251 | €74,477 | +€20,226 | +37.3% |
| Other amounts receivable | 41 | €9,152 | €1,405 | -€7,747 | -84.7% |
| Cash at bank and in hand | 54/58 | €42,930 | €41,278 | -€1,652 | -3.8% |
| Deferred charges and accrued income | 490/1 | €35,086 | €3,232 | -€31,854 | -90.8% |
| Total equity and liabilities | 10/49 | €179,285 | €152,973 | -€26,312 | -14.7% |
| Equity | 10/15 | €101,433 | €99,835 | -€1,598 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,791 | +€191 | +1.0% |
| Reserves | 13 | €47,187 | €45,327 | -€1,860 | -3.9% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €7,327 | €7,327 | = | 0.0% |
| Distributable reserves | 133 | €38,000 | €38,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,646 | €35,717 | +€71 | +0.2% |
| Provisions and deferred taxes | 16 | €3,773 | €3,773 | = | 0.0% |
| Deferred taxes | 168 | €3,773 | €3,773 | = | 0.0% |
| Amounts payable | 17/49 | €74,079 | €49,365 | -€24,714 | -33.4% |
| Amounts payable within one year | 42/48 | €74,079 | €49,365 | -€24,714 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €2,106 | - | -€2,106 | |
| Trade debts | 44 | €5,446 | €11,976 | +€6,530 | +120% |
| Suppliers | 440/4 | €5,446 | €11,976 | +€6,530 | +120% |
| Taxes, remuneration and social security | 45 | €43,452 | €23,184 | -€20,268 | -46.6% |
| Taxes | 450/3 | €13,664 | €19,439 | +€5,775 | +42.3% |
| Remuneration and social security | 454/9 | €29,788 | €3,745 | -€26,043 | -87.4% |
| Other amounts payable | 47/48 | €23,075 | €14,206 | -€8,869 | -38.4% |
| Remuneration, social security and pensions | 62 | €159,785 | €142,064 | -€17,721 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,797 | €13,241 | +€1,444 | +12.2% |
| Other operating charges | 640/8 | €1,659 | €3,311 | +€1,652 | +99.6% |
| Gross operating margin | 9900 | €176,644 | €172,208 | -€4,436 | -2.5% |
| Operating profit (loss) | 9901 | €3,404 | €13,592 | +€10,188 | +299% |
| Financial income | 75/76B | €47 | €51 | +€4 | +8.5% |
| Recurring financial income | 75 | €47 | €51 | +€4 | +8.5% |
| Financial charges | 65/66B | €11,232 | €10,515 | -€717 | -6.4% |
| Recurring financial charges | 65 | €11,232 | €10,515 | -€717 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,782 | €3,127 | +€10,909 | |
| Income taxes | 67/77 | €303 | €3,056 | +€2,753 | +909% |
| Profit (loss) for the period | 9904 | -€8,084 | €71 | +€8,156 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,084 | €71 | +€8,156 |
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.