Penez Technics: 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.
Penez Technics
Largest movements
- Tangible fixed assets -€17,448
down €17,448 (-64.9%), from €26,877 to €9,429
- Receivables within one year +€5,390
up €5,390 (+42.4%), from €12,722 to €18,112
of which Other amounts receivable: +€13,000
- Debts after one year -€26,226
down €26,226 (-87.6%), from €29,924 to €3,698
- Current portion of long-term debt +€13,209
new in 2025: €13,209
- Tax, wage and social debts +€6,565
up €6,565 (+268.8%), from €2,443 to €9,007
of which Taxes: +€4,485
- Profit (loss) carried forward -€5,644
down €5,644 (-86.9%), from -€6,496 to -€12,140
- Short-term financial debts +€4,705
up €4,705 (+189.4%), from €2,484 to €7,188
- Depreciation -€3,862
down €3,862 (-78.5%), from €4,920 to €1,057
- Gross operating margin +€3,774
up €3,774, from -€1,146 to €2,629
- Other operating charges +€1,606
up €1,606 (+1183.0%), from €136 to €1,742
- Financial charges +€182
up €182 (+61.1%), from €298 to €480
- Taxes +€117
new in 2025: €117
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,982 | €27,541 | -€12,441 | -31.1% |
| Fixed assets | 21/28 | €26,877 | €9,429 | -€17,448 | -64.9% |
| Tangible fixed assets | 22/27 | €26,877 | €9,429 | -€17,448 | -64.9% |
| Furniture and vehicles | 24 | €26,877 | €9,429 | -€17,448 | -64.9% |
| Current assets | 29/58 | €13,105 | €18,112 | +€5,007 | +38.2% |
| Amounts receivable within one year | 40/41 | €12,722 | €18,112 | +€5,390 | +42.4% |
| Trade receivables | 40 | €12,722 | €5,112 | -€7,610 | -59.8% |
| Other amounts receivable | 41 | - | €13,000 | +€13,000 | |
| Deferred charges and accrued income | 490/1 | €383 | €0 | -€383 | -100.0% |
| Total equity and liabilities | 10/49 | €39,982 | €27,541 | -€12,441 | -31.1% |
| Equity | 10/15 | -€1,496 | -€7,140 | -€5,644 | -377.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,496 | -€12,140 | -€5,644 | -86.9% |
| Amounts payable | 17/49 | €41,478 | €34,681 | -€6,798 | -16.4% |
| Amounts payable after more than one year | 17 | €29,924 | €3,698 | -€26,226 | -87.6% |
| Financial debts | 170/4 | €29,924 | €3,698 | -€26,226 | -87.6% |
| Amounts payable within one year | 42/48 | €11,554 | €30,983 | +€19,429 | +168.1% |
| Current portion of amounts payable after more than one year | 42 | - | €13,209 | +€13,209 | |
| Financial debts | 43 | €2,484 | €7,188 | +€4,705 | +189.4% |
| Credit institutions | 430/8 | €2,484 | €7,188 | +€4,705 | +189.4% |
| Trade debts | 44 | €4,528 | €0 | -€4,528 | -100.0% |
| Suppliers | 440/4 | €4,528 | €0 | -€4,528 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,443 | €9,007 | +€6,565 | +268.8% |
| Taxes | 450/3 | €2,443 | €6,927 | +€4,485 | +183.6% |
| Remuneration and social security | 454/9 | - | €2,080 | +€2,080 | |
| Other amounts payable | 47/48 | €2,100 | €1,578 | -€522 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,920 | €1,057 | -€3,862 | -78.5% |
| Other operating charges | 640/8 | €136 | €1,742 | +€1,606 | +1183.0% |
| Non-recurring operating charges | 66A | - | €4,877 | +€4,877 | |
| Gross operating margin | 9900 | -€1,146 | €2,629 | +€3,774 | |
| Operating profit (loss) | 9901 | -€6,201 | -€5,047 | +€1,154 | +18.6% |
| Financial income | 75/76B | €3 | €1 | -€2 | -60.5% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -60.5% |
| Financial charges | 65/66B | €298 | €480 | +€182 | +61.1% |
| Recurring financial charges | 65 | €298 | €480 | +€182 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,496 | -€5,527 | +€970 | +14.9% |
| Income taxes | 67/77 | - | €117 | +€117 | |
| Profit (loss) for the period | 9904 | -€6,496 | -€5,644 | +€853 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,496 | -€5,644 | +€853 | +13.1% |
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.