J & D 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.
J & D PEETERS
Largest movements
- Stocks and contracts +€80,193
new in 2025: €80,193
- Deferred charges and accrued income -€19,066
no longer reported in 2025 (was €19,066)
- Tangible fixed assets +€16,164
up €16,164 (+4.5%), from €358,969 to €375,134
of which Land and buildings: +€11,265
- Financial fixed assets -€5,513
no longer reported in 2025 (was €5,513)
- Other debts +€149,678
up €149,678 (+333%), from €44,965 to €194,643
- Profit (loss) carried forward -€95,953
down €95,953, from €36,158 to -€59,795
- Debts after one year +€20,450
new in 2025: €20,450
- Gross operating margin +€3,138
up €3,138 (+13.9%), from €22,633 to €25,771
- Depreciation +€2,494
up €2,494 (+35.9%), from €6,950 to €9,444
- Financial charges -€1,049
down €1,049 (-55.3%), from €1,896 to €848
- Taxes +€1,030
up €1,030 (+40.2%), from €2,561 to €3,591
- Other operating charges +€1,001
up €1,001 (+39.4%), from €2,538 to €3,539
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 | €389,437 | €465,245 | +€75,809 | +19.5% |
| Fixed assets | 21/28 | €364,482 | €375,134 | +€10,651 | +2.9% |
| Tangible fixed assets | 22/27 | €358,969 | €375,134 | +€16,164 | +4.5% |
| Land and buildings | 22 | €358,969 | €370,234 | +€11,265 | +3.1% |
| Furniture and vehicles | 24 | - | €4,899 | +€4,899 | |
| Financial fixed assets | 28 | €5,513 | - | -€5,513 | |
| Current assets | 29/58 | €24,954 | €90,112 | +€65,157 | +261% |
| Stocks and contracts in progress | 3 | - | €80,193 | +€80,193 | |
| Stocks | 30/36 | - | €80,193 | +€80,193 | |
| Amounts receivable within one year | 40/41 | €4,913 | €7,731 | +€2,818 | +57.4% |
| Trade receivables | 40 | €4,913 | €7,731 | +€2,818 | +57.4% |
| Cash at bank and in hand | 54/58 | €975 | €2,188 | +€1,212 | +124% |
| Deferred charges and accrued income | 490/1 | €19,066 | - | -€19,066 | |
| Total equity and liabilities | 10/49 | €389,437 | €465,245 | +€75,809 | +19.5% |
| Equity | 10/15 | €332,514 | €236,561 | -€95,953 | -28.9% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Revaluation surpluses | 12 | €176,550 | €176,550 | = | 0.0% |
| Reserves | 13 | €1,214 | €1,214 | = | 0.0% |
| Non-distributable reserves | 130/1 | €663 | €663 | = | 0.0% |
| Reserves not available under the articles | 1311 | €663 | €663 | = | 0.0% |
| Distributable reserves | 133 | €551 | €551 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,158 | -€59,795 | -€95,953 | |
| Amounts payable | 17/49 | €56,923 | €228,685 | +€171,762 | +302% |
| Amounts payable after more than one year | 17 | - | €20,450 | +€20,450 | |
| Financial debts | 170/4 | - | €20,450 | +€20,450 | |
| Amounts payable within one year | 42/48 | €53,105 | €208,235 | +€155,130 | +292% |
| Trade debts | 44 | €2,299 | €5,402 | +€3,103 | +135% |
| Suppliers | 440/4 | €2,299 | €5,402 | +€3,103 | +135% |
| Taxes, remuneration and social security | 45 | €5,841 | €8,190 | +€2,349 | +40.2% |
| Taxes | 450/3 | €3,841 | €8,190 | +€4,349 | +113% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €44,965 | €194,643 | +€149,678 | +333% |
| Accrued charges and deferred income | 492/3 | €3,818 | - | -€3,818 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,950 | €9,444 | +€2,494 | +35.9% |
| Other operating charges | 640/8 | €2,538 | €3,539 | +€1,001 | +39.4% |
| Non-recurring operating charges | 66A | - | €116,644 | +€116,644 | |
| Gross operating margin | 9900 | €22,633 | €25,771 | +€3,138 | +13.9% |
| Operating profit (loss) | 9901 | €13,145 | -€103,856 | -€117,000 | |
| Financial income | 75/76B | €27 | €36 | +€8 | +31.0% |
| Recurring financial income | 75 | €27 | €36 | +€8 | +31.0% |
| Financial charges | 65/66B | €1,896 | €848 | -€1,049 | -55.3% |
| Recurring financial charges | 65 | €1,896 | €848 | -€1,049 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €11,275 | -€104,668 | -€115,943 | |
| Income taxes | 67/77 | €2,561 | €3,591 | +€1,030 | +40.2% |
| Profit (loss) for the period | 9904 | €8,715 | -€108,259 | -€116,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,715 | -€108,259 | -€116,974 |
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 23 October 2026 via checked.be.