Autobus Peeters: 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.
Autobus Peeters
Largest movements
- Tangible fixed assets +€553,989
up €553,989 (+50.9%), from €1.1m to €1.6m
of which Furniture and vehicles: +€525,808
- Receivables within one year +€290,906
up €290,906 (+21.1%), from €1.4m to €1.7m
of which Trade receivables: +€328,161
- Current investments +€250,000
new in 2025: €250,000
- Cash -€182,448
down €182,448 (-26.9%), from €679,413 to €496,964
mainly Investment in fixed assets (net) (-€898,821) and Receivables within one year (-€290,906)
- Debts after one year +€487,111
up €487,111 (+55.2%), from €882,861 to €1.4m
of which Financial debts: +€487,111
- Profit (loss) carried forward +€235,533
up €235,533 (+62.7%), from €375,537 to €611,070
- Tax, wage and social debts +€113,651
up €113,651 (+64.4%), from €176,472 to €290,123
of which Remuneration and social security: +€60,107
- Current portion of long-term debt +€70,931
up €70,931 (+21.6%), from €328,406 to €399,337
- Gross operating margin +€675,700
up €675,700 (+31.0%), from €2.2m to €2.9m
- Staff costs +€418,676
up €418,676 (+24.9%), from €1.7m to €2.1m
- Taxes +€57,634
up €57,634 (+329%), from €17,528 to €75,162
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 | €3,452,787 | €4,337,391 | +€884,604 | +25.6% |
| Fixed assets | 21/28 | €1,306,281 | €1,860,270 | +€553,989 | +42.4% |
| Tangible fixed assets | 22/27 | €1,089,264 | €1,643,253 | +€553,989 | +50.9% |
| Plant, machinery and equipment | 23 | €17,020 | €40,255 | +€23,235 | +137% |
| Furniture and vehicles | 24 | €1,068,315 | €1,594,123 | +€525,808 | +49.2% |
| Other tangible fixed assets | 26 | €3,929 | €8,875 | +€4,946 | +126% |
| Financial fixed assets | 28 | €217,017 | €217,017 | = | 0.0% |
| Current assets | 29/58 | €2,146,506 | €2,477,121 | +€330,615 | +15.4% |
| Stocks and contracts in progress | 3 | €50,662 | €45,221 | -€5,440 | -10.7% |
| Stocks | 30/36 | €50,662 | €45,221 | -€5,440 | -10.7% |
| Amounts receivable within one year | 40/41 | €1,375,477 | €1,666,383 | +€290,906 | +21.1% |
| Trade receivables | 40 | €1,297,609 | €1,625,770 | +€328,161 | +25.3% |
| Other amounts receivable | 41 | €77,868 | €40,613 | -€37,255 | -47.8% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €679,413 | €496,964 | -€182,448 | -26.9% |
| Deferred charges and accrued income | 490/1 | €40,955 | €18,553 | -€22,402 | -54.7% |
| Total equity and liabilities | 10/49 | €3,452,787 | €4,337,391 | +€884,604 | +25.6% |
| Equity | 10/15 | €1,042,871 | €1,319,023 | +€276,152 | +26.5% |
| Contributions | 10/11 | €341,952 | €341,952 | = | 0.0% |
| Reserves | 13 | €325,382 | €366,001 | +€40,619 | +12.5% |
| Non-distributable reserves | 130/1 | €34,691 | €34,691 | = | 0.0% |
| Reserves not available under the articles | 1311 | €34,691 | €34,691 | = | 0.0% |
| Tax-exempt reserves | 132 | €108,691 | €149,310 | +€40,619 | +37.4% |
| Distributable reserves | 133 | €182,000 | €182,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €375,537 | €611,070 | +€235,533 | +62.7% |
| Amounts payable | 17/49 | €2,409,916 | €3,018,369 | +€608,452 | +25.2% |
| Amounts payable after more than one year | 17 | €882,861 | €1,369,972 | +€487,111 | +55.2% |
| Financial debts | 170/4 | €877,159 | €1,364,271 | +€487,111 | +55.5% |
| Other amounts payable | 178/9 | €5,702 | €5,702 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,508,206 | €1,632,914 | +€124,709 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €328,406 | €399,337 | +€70,931 | +21.6% |
| Financial debts | 43 | €30,000 | - | -€30,000 | |
| Credit institutions | 430/8 | €30,000 | - | -€30,000 | |
| Trade debts | 44 | €560,308 | €554,992 | -€5,316 | -0.9% |
| Suppliers | 440/4 | €560,308 | €554,992 | -€5,316 | -0.9% |
| Advances received on contracts in progress | 46 | €327,955 | €302,937 | -€25,018 | -7.6% |
| Taxes, remuneration and social security | 45 | €176,472 | €290,123 | +€113,651 | +64.4% |
| Taxes | 450/3 | €10,199 | €63,743 | +€53,544 | +525% |
| Remuneration and social security | 454/9 | €166,273 | €226,380 | +€60,107 | +36.1% |
| Other amounts payable | 47/48 | €85,066 | €85,526 | +€461 | +0.5% |
| Accrued charges and deferred income | 492/3 | €18,850 | €15,482 | -€3,368 | -17.9% |
| Remuneration, social security and pensions | 62 | €1,682,974 | €2,101,650 | +€418,676 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347,366 | €344,832 | -€2,534 | -0.7% |
| Other operating charges | 640/8 | €25,351 | €11,116 | -€14,235 | -56.2% |
| Gross operating margin | 9900 | €2,178,679 | €2,854,379 | +€675,700 | +31.0% |
| Operating profit (loss) | 9901 | €122,988 | €396,782 | +€273,794 | +223% |
| Financial income | 75/76B | €3,672 | €6,605 | +€2,933 | +79.9% |
| Recurring financial income | 75 | €3,672 | €6,605 | +€2,933 | +79.9% |
| Financial charges | 65/66B | €36,715 | €52,073 | +€15,358 | +41.8% |
| Recurring financial charges | 65 | €36,715 | €52,073 | +€15,358 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | €89,945 | €351,314 | +€261,369 | +291% |
| Income taxes | 67/77 | €17,528 | €75,162 | +€57,634 | +329% |
| Profit (loss) for the period | 9904 | €72,417 | €276,152 | +€203,735 | +281% |
| Transfer to tax-exempt reserves | 689 | - | €40,619 | +€40,619 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,417 | €235,533 | +€163,116 | +225% |
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.