BUREAU PEIFFER: 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.
BUREAU PEIFFER
Largest movements
- Cash +€11,315
up €11,315 (+9.5%), from €119,439 to €130,754
mainly Net result for the year (+€21,680) and Other debts (+€3,331)
- Receivables within one year +€4,666
up €4,666 (+181%), from €2,583 to €7,249
- Reserves +€11,680
up €11,680 (+9.5%), from €122,439 to €134,119
of which Distributable reserves: +€11,680
- Other debts +€3,331
up €3,331 (+56.4%), from €5,908 to €9,239
- Gross operating margin +€13,935
up €13,935 (+105%), from €13,217 to €27,152
- Taxes +€1,870
up €1,870 (+81.5%), from €2,296 to €4,166
- Depreciation -€753
down €753 (-48.3%), from €1,558 to €805
- Financial charges -€666
no longer reported in 2025 (was €666)
- Financial income -€527
down €527 (-17.4%), from €3,026 to €2,499
of which Financial income: -€391
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 | €123,700 | €138,875 | +€15,175 | +12.3% |
| Fixed assets | 21/28 | €1,678 | €872 | -€805 | -48.0% |
| Tangible fixed assets | 22/27 | €1,678 | €872 | -€805 | -48.0% |
| Plant, machinery and equipment | 23 | €1,678 | €872 | -€805 | -48.0% |
| Current assets | 29/58 | €122,023 | €138,003 | +€15,981 | +13.1% |
| Amounts receivable within one year | 40/41 | €2,583 | €7,249 | +€4,666 | +181% |
| Trade receivables | 40 | €2,583 | €7,249 | +€4,666 | +181% |
| Cash at bank and in hand | 54/58 | €119,439 | €130,754 | +€11,315 | +9.5% |
| Total equity and liabilities | 10/49 | €123,700 | €138,875 | +€15,175 | +12.3% |
| Equity | 10/15 | €114,283 | €125,963 | +€11,680 | +10.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €122,439 | €134,119 | +€11,680 | +9.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,750 | €27,750 | = | 0.0% |
| Distributable reserves | 133 | €92,829 | €104,509 | +€11,680 | +12.6% |
| Profit (loss) carried forward | 14 | -€14,362 | -€14,362 | = | 0.0% |
| Amounts payable | 17/49 | €9,417 | €12,913 | +€3,495 | +37.1% |
| Amounts payable within one year | 42/48 | €9,417 | €12,913 | +€3,495 | +37.1% |
| Trade debts | 44 | €2,123 | €1,859 | -€264 | -12.4% |
| Suppliers | 440/4 | €2,123 | €1,859 | -€264 | -12.4% |
| Taxes, remuneration and social security | 45 | €1,387 | €1,815 | +€428 | +30.8% |
| Taxes | 450/3 | €1,387 | €1,815 | +€428 | +30.8% |
| Other amounts payable | 47/48 | €5,908 | €9,239 | +€3,331 | +56.4% |
| Non-recurring operating income | 76A | €108 | - | -€108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,558 | €805 | -€753 | -48.3% |
| Other operating charges | 640/8 | €3,107 | €3,000 | -€107 | -3.5% |
| Gross operating margin | 9900 | €13,217 | €27,152 | +€13,935 | +105% |
| Operating profit (loss) | 9901 | €8,551 | €23,347 | +€14,796 | +173% |
| Financial income | 75/76B | €3,026 | €2,499 | -€527 | -17.4% |
| Recurring financial income | 75 | €446 | €55 | -€391 | -87.7% |
| Non-recurring financial income | 76B | €2,580 | €2,444 | -€136 | -5.3% |
| Financial charges | 65/66B | €666 | - | -€666 | |
| Recurring financial charges | 65 | €666 | - | -€666 | |
| Profit (loss) for the period before taxes | 9903 | €10,911 | €25,845 | +€14,935 | +137% |
| Income taxes | 67/77 | €2,296 | €4,166 | +€1,870 | +81.5% |
| Profit (loss) for the period | 9904 | €8,615 | €21,680 | +€13,065 | +152% |
| Profit (loss) for the period to be appropriated | 9905 | €8,615 | €21,680 | +€13,065 | +152% |
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 29 October 2026 via checked.be.