KANTOOR VAN PEE: 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.
KANTOOR VAN PEE
Largest movements
- Intangible fixed assets -€45,000
down €45,000 (-20.0%), from €225,000 to €180,000
- Current investments -€25,956
down €25,956 (-57.6%), from €45,072 to €19,116
- Tangible fixed assets +€13,194
up €13,194 (+158%), from €8,371 to €21,565
- Receivables within one year +€6,099
up €6,099 (+56.2%), from €10,856 to €16,955
- Debts after one year -€25,782
down €25,782 (-16.0%), from €160,652 to €134,870
- Tax, wage and social debts -€24,773
down €24,773 (-96.4%), from €25,699 to €926
- Gross operating margin -€3,386
down €3,386 (-6.1%), from €55,912 to €52,526
- Financial charges -€2,421
down €2,421 (-45.6%), from €5,312 to €2,891
- Staff costs -€1,582
no longer reported in 2025 (was €1,582)
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 | €291,992 | €242,451 | -€49,541 | -17.0% |
| Fixed assets | 21/28 | €233,371 | €201,565 | -€31,806 | -13.6% |
| Intangible fixed assets | 21 | €225,000 | €180,000 | -€45,000 | -20.0% |
| Tangible fixed assets | 22/27 | €8,371 | €21,565 | +€13,194 | +158% |
| Furniture and vehicles | 24 | €8,371 | €21,565 | +€13,194 | +158% |
| Current assets | 29/58 | €58,621 | €40,886 | -€17,735 | -30.3% |
| Amounts receivable within one year | 40/41 | €10,856 | €16,955 | +€6,099 | +56.2% |
| Other amounts receivable | 41 | €10,856 | €16,955 | +€6,099 | +56.2% |
| Current investments | 50/53 | €45,072 | €19,116 | -€25,956 | -57.6% |
| Cash at bank and in hand | 54/58 | €2,693 | €3,238 | +€544 | +20.2% |
| Deferred charges and accrued income | 490/1 | - | €1,577 | +€1,577 | |
| Total equity and liabilities | 10/49 | €291,992 | €242,451 | -€49,541 | -17.0% |
| Equity | 10/15 | €73,794 | €74,350 | +€556 | +0.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,794 | €69,350 | +€556 | +0.8% |
| Distributable reserves | 133 | €68,794 | €69,350 | +€556 | +0.8% |
| Amounts payable | 17/49 | €218,198 | €168,101 | -€50,097 | -23.0% |
| Amounts payable after more than one year | 17 | €160,652 | €134,870 | -€25,782 | -16.0% |
| Financial debts | 170/4 | €160,652 | €134,870 | -€25,782 | -16.0% |
| Amounts payable within one year | 42/48 | €57,546 | €33,231 | -€24,315 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €25,398 | €25,782 | +€384 | +1.5% |
| Trade debts | 44 | €6,041 | €6,524 | +€483 | +8.0% |
| Suppliers | 440/4 | €6,041 | €6,524 | +€483 | +8.0% |
| Taxes, remuneration and social security | 45 | €25,699 | €926 | -€24,773 | -96.4% |
| Taxes | 450/3 | €25,699 | €926 | -€24,773 | -96.4% |
| Other amounts payable | 47/48 | €408 | - | -€408 | |
| Remuneration, social security and pensions | 62 | €1,582 | - | -€1,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,761 | €48,054 | +€293 | +0.6% |
| Other operating charges | 640/8 | €308 | €250 | -€58 | -18.8% |
| Gross operating margin | 9900 | €55,912 | €52,526 | -€3,386 | -6.1% |
| Operating profit (loss) | 9901 | €6,261 | €4,221 | -€2,040 | -32.6% |
| Financial income | 75/76B | €79 | €64 | -€14 | -18.4% |
| Recurring financial income | 75 | €79 | €64 | -€14 | -18.4% |
| Financial charges | 65/66B | €5,312 | €2,891 | -€2,421 | -45.6% |
| Recurring financial charges | 65 | €5,312 | €2,891 | -€2,421 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €1,027 | €1,394 | +€367 | +35.7% |
| Income taxes | 67/77 | €721 | €838 | +€117 | +16.2% |
| Profit (loss) for the period | 9904 | €306 | €556 | +€250 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €306 | €556 | +€250 | +81.7% |
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 23 October 2026 via checked.be.