E. PETERMANN - Avocat: 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.
E. PETERMANN - Avocat
Largest movements
- Cash +€34,717
up €34,717 (+36.9%), from €94,207 to €128,925
mainly Other debts (+€68,297) and Net result for the year (+€47,952)
- Intangible fixed assets -€14,000
down €14,000 (-52.8%), from €26,500 to €12,500
- Receivables within one year +€5,514
up €5,514 (+81.4%), from €6,778 to €12,292
of which Trade receivables: +€3,318
- Other debts +€68,297
up €68,297 (+162%), from €42,086 to €110,384
- Profit (loss) carried forward -€53,713
down €53,713 (-100%), from €53,713 to €0
- Tax, wage and social debts +€17,154
up €17,154 (+360%), from €4,771 to €21,925
- Debts after one year -€7,400
down €7,400 (-62.9%), from €11,767 to €4,367
- Trade debts +€2,963
up €2,963 (+65.1%), from €4,549 to €7,513
- Gross operating margin -€2,490
down €2,490 (-3.1%), from €79,242 to €76,752
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 | €134,355 | €159,088 | +€24,733 | +18.4% |
| Fixed assets | 21/28 | €33,371 | €17,872 | -€15,499 | -46.4% |
| Intangible fixed assets | 21 | €26,500 | €12,500 | -€14,000 | -52.8% |
| Tangible fixed assets | 22/27 | €3,871 | €2,372 | -€1,499 | -38.7% |
| Furniture and vehicles | 24 | €3,871 | €2,372 | -€1,499 | -38.7% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €100,985 | €141,217 | +€40,232 | +39.8% |
| Amounts receivable within one year | 40/41 | €6,778 | €12,292 | +€5,514 | +81.4% |
| Trade receivables | 40 | €0 | €3,318 | +€3,318 | |
| Other amounts receivable | 41 | €6,778 | €8,974 | +€2,196 | +32.4% |
| Cash at bank and in hand | 54/58 | €94,207 | €128,925 | +€34,717 | +36.9% |
| Total equity and liabilities | 10/49 | €134,355 | €159,088 | +€24,733 | +18.4% |
| Equity | 10/15 | €61,213 | €7,500 | -€53,713 | -87.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,713 | €0 | -€53,713 | -100% |
| Amounts payable | 17/49 | €73,142 | €151,588 | +€78,446 | +107% |
| Amounts payable after more than one year | 17 | €11,767 | €4,367 | -€7,400 | -62.9% |
| Financial debts | 170/4 | €11,767 | €4,367 | -€7,400 | -62.9% |
| Amounts payable within one year | 42/48 | €61,375 | €147,221 | +€85,846 | +140% |
| Current portion of amounts payable after more than one year | 42 | €7,291 | €7,400 | +€109 | +1.5% |
| Trade debts | 44 | €4,549 | €7,513 | +€2,963 | +65.1% |
| Suppliers | 440/4 | €4,549 | €7,513 | +€2,963 | +65.1% |
| Advances received on contracts in progress | 46 | €2,677 | - | -€2,677 | |
| Taxes, remuneration and social security | 45 | €4,771 | €21,925 | +€17,154 | +360% |
| Taxes | 450/3 | €4,771 | €21,925 | +€17,154 | +360% |
| Other amounts payable | 47/48 | €42,086 | €110,384 | +€68,297 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,123 | €15,499 | +€376 | +2.5% |
| Other operating charges | 640/8 | €204 | €101 | -€103 | -50.6% |
| Gross operating margin | 9900 | €79,242 | €76,752 | -€2,490 | -3.1% |
| Operating profit (loss) | 9901 | €63,915 | €61,153 | -€2,762 | -4.3% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Non-recurring financial income | 76B | - | €2 | +€2 | |
| Financial charges | 65/66B | €510 | €398 | -€112 | -22.0% |
| Recurring financial charges | 65 | €510 | €398 | -€112 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €63,405 | €60,756 | -€2,649 | -4.2% |
| Income taxes | 67/77 | €13,222 | €12,804 | -€419 | -3.2% |
| Profit (loss) for the period | 9904 | €50,182 | €47,952 | -€2,230 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,182 | €47,952 | -€2,230 | -4.4% |
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.