Peter-Bilt (0612.973.385): financials and annual accounts

Peter-Bilt

Ghent ·KBO/BCE: BE 0612.973.385

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Balance sheet: assets
Total assets`20/58`	2.0m	1.8m	1.9m	1.4m	1.5m	1.2m	762,836	489,855	225,891	118,054
Formation expenses`20`	0	0	-	-	-	-	-	-	-	-
Fixed assets`21/28`	971,737	932,422	1.0m	693,345	670,179	330,405	181,970	121,578	63,627	44,178
Intangible fixed assets`21`	-	-	-	-	-	-	-	0	225	451
Tangible fixed assets`22/27`	971,737	932,422	1.0m	693,345	670,179	330,405	181,970	121,578	63,401	43,727
Land and buildings`22`	34,582	27,688	10,626	12,753	14,879	-	-	-	-	-
Plant, machinery and equipment`23`	922,835	882,240	1.0m	670,067	635,566	304,605	136,804	94,065	13,830	17,821
Furniture and vehicles`24`	14,320	22,494	30,667	10,526	19,734	25,800	45,167	27,514	49,571	25,907
Current assets`29/58`	1.1m	827,412	857,027	656,834	826,874	831,388	580,865	368,277	162,264	73,876
Stocks and contracts in progress`3`	324,997	377,400	318,927	176,123	346,027	263,845	210,691	149,970	-	-
Stocks`30/36`	324,997	377,400	318,927	176,123	346,027	263,845	210,691	149,970	-	-
Amounts receivable within one year`40/41`	324,560	320,560	505,827	359,045	385,314	362,658	258,221	174,732	113,115	42,628
Trade receivables`40`	233,799	229,265	334,748	284,682	229,919	323,165	202,419	174,732	92,427	35,604
Other amounts receivable`41`	90,761	91,295	171,078	74,363	155,395	39,494	55,802	-	20,689	7,024
Cash at bank and in hand`54/58`	401,894	129,452	32,273	121,666	95,532	204,884	111,953	43,575	49,148	31,248
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.0m	1.8m	1.9m	1.4m	1.5m	1.2m	762,836	489,855	225,891	118,054
Equity`10/15`	1.3m	1.1m	962,160	661,921	501,280	437,096	175,888	142,632	120,749	87,464
Contributions`10/11`	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
Issued capital`100`	-	-	-	-	-	-	20,000	20,000	20,000	20,000
Reserves`13`	100,749	100,749	100,749	100,749	100,749	100,749	100,749	100,749	100,749	67,464
Non-distributable reserves`130/1`	-	-	2,000	2,000	2,000	2,000	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	2,000	2,000	2,000	2,000
Reserves not available under the articles`1311`	-	-	2,000	2,000	2,000	-	-	-	-	-
Other`1319`	-	-	-	-	-	2,000	-	-	-	-
Distributable reserves`133`	100,749	100,749	98,749	98,749	98,749	98,749	98,749	98,749	98,749	65,464
Profit (loss) carried forward`14`	1.2m	1.0m	841,411	541,173	380,531	316,347	55,140	21,884	-	-
Amounts payable`17/49`	698,848	627,333	940,981	688,257	995,773	724,697	586,947	347,223	105,142	30,590
Amounts payable after more than one year`17`	202,617	9,944	27,848	108,997	8,218	19,062	29,780	-	-	-
Financial debts`170/4`	202,617	9,944	27,848	108,997	8,218	19,062	29,780	-	-	-
Amounts payable within one year`42/48`	496,232	582,232	875,020	579,260	987,555	705,634	557,167	334,713	74,392	15,590
Current portion of amounts payable after more than one year`42`	113,791	17,905	109,649	108,164	135,845	135,718	135,592	-	-	-
Financial debts`43`	-	-	25,404	14,191	21,283	-	-	-	-	-
Credit institutions`430/8`	-	-	25,404	14,191	21,283	-	-	-	-	-
Trade debts`44`	173,759	306,348	460,703	167,210	545,114	280,308	141,043	86,217	69,804	15,590
Suppliers`440/4`	173,759	306,348	460,703	167,210	545,114	280,308	141,043	86,217	69,804	15,590
Taxes, remuneration and social security`45`	19,882	14,485	18,524	17,852	13,471	19,745	10,668	12,996	4,588	-
Taxes`450/3`	1,927	-	1,641	1,688	-	926	713	-	-	-
Remuneration and social security`454/9`	17,955	14,485	16,883	16,165	13,471	18,818	9,955	12,996	4,588	-
Other amounts payable`47/48`	188,800	243,495	260,741	271,842	271,842	269,864	269,864	235,499	-	-
Accrued charges and deferred income`492/3`	-	35,157	38,113	-	-	-	-	12,510	30,750	15,000
Income statement
Non-recurring operating income`76A`	-	130,378	189,310	74,174	99,931	22,408	4,223	34,690	-	-
Gross operating margin`9900`	555,335	500,871	600,419	404,040	288,269	464,682	162,074	146,324	106,616	81,995
Remuneration, social security and pensions`62`	88,606	77,863	73,622	77,988	72,856	59,373	46,799	37,482	19,077	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	205,236	186,478	179,587	121,250	77,506	94,449	75,357	52,504	26,218	14,801
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	23,391	-	-	-	-
Other operating charges`640/8`	1,844	1,414	1,842	404	497	478	133	130	127	274
Non-recurring operating charges`66A`	-	-	-	-	-	-	3,529	-	-	-
Operating profit (loss)`9901`	259,649	235,115	345,368	204,397	137,410	286,991	36,258	56,208	61,194	66,920
Financial income`75/76B`	3,372	144	-	2,068	2,611	3,392	6,840	-	1,177	4,750
Recurring financial income`75`	3,372	144	-	-	2,611	3,392	6,840	-	1,177	4,750
Non-recurring financial income`76B`	-	-	-	2,068	-	-	-	-	-	-
Financial charges`65/66B`	14,340	4,192	11,133	9,382	1,033	14,175	5,850	535	6,338	4,206
Recurring financial charges`65`	14,340	4,192	11,133	9,382	1,033	14,175	5,850	535	6,338	4,206
Profit (loss) for the period before taxes`9903`	248,680	231,068	334,235	197,084	138,988	276,208	37,249	55,674	56,032	67,464
Income taxes`67/77`	56,841	60,727	33,996	36,442	74,804	15,000	3,993	33,790	22,747	-
Profit (loss) for the period`9904`	191,839	170,341	300,239	160,642	64,184	261,208	33,256	21,884	33,285	67,464
Profit (loss) for the period to be appropriated`9905`	191,839	170,341	300,239	160,642	64,184	261,208	33,256	21,884	33,285	67,464
Appropriation of the result
Profit (loss) to be appropriated`9906`	1.2m	1.0m	841,411	541,173	380,531	316,347	55,140	21,884	33,285	67,464
Profit (loss) brought forward from the previous period`14P`	1.0m	841,411	541,173	380,531	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	33,285	67,464
Addition to contributions`691`	-	-	-	-	-	-	-	-	-	2,000
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	65,464
To other reserves`6921`	-	-	-	-	-	-	-	-	33,285	-
Social balance sheet
Average staff (FTE)`9087`	1.8	1.8	1.8	1.9	2	1.8	1.5	1.3	0.8	-
Hours worked`1013`	33,286	2,986	2,965	3,363	3,557	3,164	2,724	2,317	1,425	-
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Financial year	Type	Filed	Reference	Document
30-06-2025	abbreviated format	20-01-2026	2026-00011999	PDF
30-06-2024	abbreviated format	31-01-2025	2025-00018923	PDF
30-06-2023	abbreviated format	29-01-2024	2024-00010954	PDF
30-06-2022	abbreviated format	25-01-2023	2023-00007038	PDF
30-06-2021	abbreviated format	26-01-2022	2022-02200013	PDF
30-06-2020	micro format	05-02-2021	2021-04900486	PDF
30-06-2019	micro format	10-02-2020	2020-05000105	PDF
30-06-2018	micro format	03-01-2019	2019-00300357	PDF
30-06-2017	micro format	31-01-2018	2018-04000255	PDF
30-06-2016	abbreviated format	04-01-2017	2017-00300133	PDF

Year	Entries	Awarded	Paid
2025	1	€102	€102
2024	1	€6,180	€6,180
2023	1	€3,265	€3,265
2022	1	€2,154	€2,154

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EBITDA	464,885	421,594	524,955	325,647	214,917	381,440	111,614	108,713	87,412	81,722
Cash flow	397,075	356,820	479,826	281,891	141,690	355,657	108,613	74,388	59,502	82,265
Investment in fixed assets	669,804	535,735	843,151	365,834	519,715	286,322	173,563	115,766	45,667	58,979
Change in cash	272,442	97,179	-89,393	26,134	-109,352	92,930	68,378	-5,574	17,901	-
Working capital	555,220	245,180	-17,993	77,574	-160,682	125,753	23,698	33,564	87,872	58,286
Solvency	65.5%	64.4%	50.6%	49.0%	33.5%	37.6%	23.1%	29.1%	53.5%	74.1%
Current ratio	2.12	1.42	0.98	1.13	0.84	1.18	1.04	1.10	2.18	4.74
Quick ratio	1.46	0.77	0.61	0.83	0.49	0.80	0.66	0.65	2.18	4.74
Debt to equity	0.53	0.55	0.98	1.04	1.99	1.66	3.34	2.43	0.87	0.35
ROE	14.5%	15.0%	31.2%	24.3%	12.8%	59.8%	18.9%	15.3%	27.6%	77.1%
ROA	9.5%	9.7%	15.8%	11.9%	4.3%	22.5%	4.4%	4.5%	14.7%	57.1%
Interest coverage	32.42	over 100	47.15	34.71	-	-	-	-	-	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Employees at the balance-sheet date	2	2	2	2
full-time	2	0	1	1
part-time	-	2	1	1
in full-time equivalents	2	1.6	1.8	1.8
Average over the year, in full-time equivalents	1.8	1.8	1.8	1.9
On a permanent contract	2	2	2	2
Joined	1	-	-	-
Left	1	-	-	-

Peter-Bilt

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency65.5%

Current ratio2.12

Return on assets9.5%

Staff

Staff cost per FTE€49,226

Joined and left+0

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €11,701 awarded, €11,701 paid

Key figures and ratios

Social balance sheet

Investments

Insights on Peter-Bilt

Next steps

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€669,804	€535,735	€843,151	€365,834
Depreciation and write-downs of the year	€205,236	€186,478	€179,587	€121,250