De Mulder Peter: 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.
De Mulder Peter
Largest movements
- Cash -€12,203
down €12,203 (-42.7%), from €28,552 to €16,349
mainly Investment in fixed assets (net) (-€8,799) and Other debts (-€7,289)
- Receivables within one year -€7,095
down €7,095 (-48.5%), from €14,634 to €7,539
of which Other amounts receivable: -€4,269
- Other debts -€7,289
down €7,289 (-12.6%), from €57,665 to €50,377
- Current portion of long-term debt -€4,200
down €4,200 (-100%), from €4,200 to €0
- Tax, wage and social debts -€3,873
down €3,873 (-83.8%), from €4,624 to €751
of which Remuneration and social security: -€1,949
- Trade debts -€3,190
down €3,190 (-74.2%), from €4,302 to €1,112
- Reserves -€2,418
down €2,418 (-3.9%), from €61,441 to €59,022
of which Non-distributable reserves: -€1,860
- Staff costs +€14,952
up €14,952 (+35.0%), from €42,709 to €57,662
- Other operating charges -€14,436
down €14,436 (-83.8%), from €17,227 to €2,792
- Taxes -€12,336
down €12,336 (-100%), from €12,336 to €0
- Gross operating margin -€7,212
down €7,212 (-9.6%), from €75,494 to €68,283
- Depreciation +€1,136
up €1,136 (+12.7%), from €8,913 to €10,049
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 | €152,437 | €131,468 | -€20,970 | -13.8% |
| Fixed assets | 21/28 | €108,829 | €107,579 | -€1,250 | -1.1% |
| Tangible fixed assets | 22/27 | €107,900 | €106,651 | -€1,250 | -1.2% |
| Land and buildings | 22 | €15,979 | €15,274 | -€705 | -4.4% |
| Plant, machinery and equipment | 23 | €22,925 | €17,764 | -€5,161 | -22.5% |
| Furniture and vehicles | 24 | €5,044 | €3,794 | -€1,250 | -24.8% |
| Other tangible fixed assets | 26 | €63,953 | €69,819 | +€5,866 | +9.2% |
| Financial fixed assets | 28 | €929 | €929 | = | 0.0% |
| Current assets | 29/58 | €43,608 | €23,888 | -€19,720 | -45.2% |
| Amounts receivable within one year | 40/41 | €14,634 | €7,539 | -€7,095 | -48.5% |
| Trade receivables | 40 | €9,826 | €7,000 | -€2,826 | -28.8% |
| Other amounts receivable | 41 | €4,808 | €539 | -€4,269 | -88.8% |
| Cash at bank and in hand | 54/58 | €28,552 | €16,349 | -€12,203 | -42.7% |
| Deferred charges and accrued income | 490/1 | €423 | €0 | -€423 | -100% |
| Total equity and liabilities | 10/49 | €152,437 | €131,468 | -€20,970 | -13.8% |
| Equity | 10/15 | €76,886 | €74,468 | -€2,418 | -3.1% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Capital | 10 | €6,205 | - | -€6,205 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,395 | - | -€12,395 | |
| Revaluation surpluses | 12 | €9,240 | €9,240 | = | 0.0% |
| Reserves | 13 | €61,441 | €59,022 | -€2,418 | -3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €59,581 | €59,022 | -€558 | -0.9% |
| Provisions and deferred taxes | 16 | €4,760 | €4,760 | = | 0.0% |
| Deferred taxes | 168 | €4,760 | €4,760 | = | 0.0% |
| Amounts payable | 17/49 | €70,791 | €52,240 | -€18,551 | -26.2% |
| Amounts payable within one year | 42/48 | €70,791 | €52,240 | -€18,551 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €4,200 | €0 | -€4,200 | -100% |
| Trade debts | 44 | €4,302 | €1,112 | -€3,190 | -74.2% |
| Suppliers | 440/4 | €4,302 | €1,112 | -€3,190 | -74.2% |
| Taxes, remuneration and social security | 45 | €4,624 | €751 | -€3,873 | -83.8% |
| Taxes | 450/3 | €2,675 | €751 | -€1,924 | -71.9% |
| Remuneration and social security | 454/9 | €1,949 | €0 | -€1,949 | -100% |
| Other amounts payable | 47/48 | €57,665 | €50,377 | -€7,289 | -12.6% |
| Non-recurring operating income | 76A | - | €998 | +€998 | |
| Remuneration, social security and pensions | 62 | €42,709 | €57,662 | +€14,952 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,913 | €10,049 | +€1,136 | +12.7% |
| Other operating charges | 640/8 | €17,227 | €2,792 | -€14,436 | -83.8% |
| Gross operating margin | 9900 | €75,494 | €68,283 | -€7,212 | -9.6% |
| Operating profit (loss) | 9901 | €6,645 | -€2,220 | -€8,864 | |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €368 | €199 | -€169 | -45.9% |
| Recurring financial charges | 65 | €368 | €199 | -€169 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €6,295 | -€2,418 | -€8,714 | |
| Income taxes | 67/77 | €12,336 | €0 | -€12,336 | -100% |
| Profit (loss) for the period | 9904 | -€6,041 | -€2,418 | +€3,622 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,041 | -€2,418 | +€3,622 | +60.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.