DIDIER 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.
DIDIER PEETERS
Largest movements
- Tangible fixed assets -€15,450
down €15,450 (-44.7%), from €34,552 to €19,102
- Receivables within one year -€8,965
down €8,965 (-73.5%), from €12,203 to €3,238
- Cash -€3,899
down €3,899 (-4.3%), from €90,307 to €86,409
mainly Other debts (-€25,424) and Tax, wage and social debts (-€8,694)
- Deferred charges and accrued income +€1,388
up €1,388 (+138%), from €1,008 to €2,395
- Other debts -€25,424
down €25,424 (-95.5%), from €26,623 to €1,199
- Tax, wage and social debts -€8,694
down €8,694 (-66.9%), from €13,003 to €4,309
of which Taxes: -€8,694
- Profit (loss) carried forward +€8,156
up €8,156 (+13.5%), from €60,606 to €68,762
- Gross operating margin -€2,760
down €2,760 (-8.7%), from €31,894 to €29,134
- Depreciation +€2,747
up €2,747 (+21.6%), from €12,703 to €15,450
- Taxes +€426
up €426 (+12.8%), from €3,320 to €3,746
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 | €138,095 | €111,169 | -€26,926 | -19.5% |
| Fixed assets | 21/28 | €34,577 | €19,127 | -€15,450 | -44.7% |
| Tangible fixed assets | 22/27 | €34,552 | €19,102 | -€15,450 | -44.7% |
| Furniture and vehicles | 24 | €34,552 | €19,102 | -€15,450 | -44.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €103,518 | €92,042 | -€11,476 | -11.1% |
| Amounts receivable within one year | 40/41 | €12,203 | €3,238 | -€8,965 | -73.5% |
| Trade receivables | 40 | €12,203 | €3,238 | -€8,965 | -73.5% |
| Cash at bank and in hand | 54/58 | €90,307 | €86,409 | -€3,899 | -4.3% |
| Deferred charges and accrued income | 490/1 | €1,008 | €2,395 | +€1,388 | +138% |
| Total equity and liabilities | 10/49 | €138,095 | €111,169 | -€26,926 | -19.5% |
| Equity | 10/15 | €91,066 | €99,222 | +€8,156 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,860 | €11,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,606 | €68,762 | +€8,156 | +13.5% |
| Amounts payable | 17/49 | €47,030 | €11,947 | -€35,082 | -74.6% |
| Amounts payable within one year | 42/48 | €47,030 | €11,947 | -€35,082 | -74.6% |
| Trade debts | 44 | €7,403 | €6,439 | -€965 | -13.0% |
| Suppliers | 440/4 | €7,403 | €6,439 | -€965 | -13.0% |
| Taxes, remuneration and social security | 45 | €13,003 | €4,309 | -€8,694 | -66.9% |
| Taxes | 450/3 | €11,603 | €2,909 | -€8,694 | -74.9% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €26,623 | €1,199 | -€25,424 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,703 | €15,450 | +€2,747 | +21.6% |
| Other operating charges | 640/8 | €1,439 | €1,726 | +€287 | +20.0% |
| Gross operating margin | 9900 | €31,894 | €29,134 | -€2,760 | -8.7% |
| Operating profit (loss) | 9901 | €17,752 | €11,958 | -€5,794 | -32.6% |
| Financial charges | 65/66B | €45 | €56 | +€11 | +23.4% |
| Recurring financial charges | 65 | €45 | €56 | +€11 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €17,707 | €11,903 | -€5,805 | -32.8% |
| Income taxes | 67/77 | €3,320 | €3,746 | +€426 | +12.8% |
| Profit (loss) for the period | 9904 | €14,387 | €8,156 | -€6,231 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,387 | €8,156 | -€6,231 | -43.3% |
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 19 October 2026 via checked.be.