JUWELEN 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.
JUWELEN PEETERS
Largest movements
- Tangible fixed assets +€118,574
up €118,574 (+279%), from €42,552 to €161,127
of which Furniture and vehicles: +€127,613
- Stocks and contracts +€117,476
up €117,476 (+64.7%), from €181,557 to €299,033
- Cash +€25,384
up €25,384 (+21.6%), from €117,789 to €143,172
mainly Net result for the year (+€110,643) and Other debts (+€92,568)
- Reserves +€110,643
up €110,643 (+66.8%), from €165,650 to €276,293
- Other debts +€92,568
up €92,568 (+84.0%), from €110,177 to €202,745
- Tax, wage and social debts +€71,800
up €71,800 (+186%), from €38,559 to €110,359
- Trade debts -€12,320
down €12,320 (-45.5%), from €27,049 to €14,730
- Gross operating margin +€110,469
up €110,469 (+115%), from €95,692 to €206,161
- Depreciation +€22,039
up €22,039 (+329%), from €6,708 to €28,747
- Taxes +€21,254
up €21,254 (+73.9%), from €28,775 to €50,029
- Financial charges +€2,170
up €2,170 (+828%), from €262 to €2,432
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 | €346,435 | €609,126 | +€262,692 | +75.8% |
| Fixed assets | 21/28 | €42,552 | €161,127 | +€118,574 | +279% |
| Tangible fixed assets | 22/27 | €42,552 | €161,127 | +€118,574 | +279% |
| Land and buildings | 22 | €8,781 | - | -€8,781 | |
| Plant, machinery and equipment | 23 | €726 | €467 | -€258 | -35.6% |
| Furniture and vehicles | 24 | €33,046 | €160,659 | +€127,613 | +386% |
| Current assets | 29/58 | €303,882 | €448,000 | +€144,118 | +47.4% |
| Stocks and contracts in progress | 3 | €181,557 | €299,033 | +€117,476 | +64.7% |
| Stocks | 30/36 | €181,557 | €299,033 | +€117,476 | +64.7% |
| Amounts receivable within one year | 40/41 | €1,108 | - | -€1,108 | |
| Trade receivables | 40 | €1,108 | - | -€1,108 | |
| Cash at bank and in hand | 54/58 | €117,789 | €143,172 | +€25,384 | +21.6% |
| Deferred charges and accrued income | 490/1 | €3,429 | €5,794 | +€2,366 | +69.0% |
| Total equity and liabilities | 10/49 | €346,435 | €609,126 | +€262,692 | +75.8% |
| Equity | 10/15 | €170,650 | €281,293 | +€110,643 | +64.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €165,650 | €276,293 | +€110,643 | +66.8% |
| Distributable reserves | 133 | €165,650 | €276,293 | +€110,643 | +66.8% |
| Amounts payable | 17/49 | €175,785 | €327,834 | +€152,049 | +86.5% |
| Amounts payable within one year | 42/48 | €175,785 | €327,834 | +€152,049 | +86.5% |
| Trade debts | 44 | €27,049 | €14,730 | -€12,320 | -45.5% |
| Suppliers | 440/4 | €27,049 | €14,730 | -€12,320 | -45.5% |
| Taxes, remuneration and social security | 45 | €38,559 | €110,359 | +€71,800 | +186% |
| Taxes | 450/3 | €38,559 | €110,359 | +€71,800 | +186% |
| Other amounts payable | 47/48 | €110,177 | €202,745 | +€92,568 | +84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,708 | €28,747 | +€22,039 | +329% |
| Other operating charges | 640/8 | €162 | €915 | +€753 | +465% |
| Non-recurring operating charges | 66A | - | €13,521 | +€13,521 | |
| Gross operating margin | 9900 | €95,692 | €206,161 | +€110,469 | +115% |
| Operating profit (loss) | 9901 | €88,822 | €162,977 | +€74,155 | +83.5% |
| Financial income | 75/76B | €15 | €126 | +€111 | +739% |
| Recurring financial income | 75 | €15 | €126 | +€111 | +739% |
| Financial charges | 65/66B | €262 | €2,432 | +€2,170 | +828% |
| Recurring financial charges | 65 | €262 | €2,432 | +€2,170 | +828% |
| Profit (loss) for the period before taxes | 9903 | €88,575 | €160,672 | +€72,096 | +81.4% |
| Income taxes | 67/77 | €28,775 | €50,029 | +€21,254 | +73.9% |
| Profit (loss) for the period | 9904 | €59,800 | €110,643 | +€50,843 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,800 | €110,643 | +€50,843 | +85.0% |
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 31 October 2026 via checked.be.