PEACE.AF: 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.
PEACE.AF
Largest movements
- Receivables within one year -€65,069
down €65,069 (-94.0%), from €69,239 to €4,170
of which Trade receivables: -€62,915
- Cash +€11,472
up €11,472 (+226%), from €5,066 to €16,538
mainly Receivables within one year (+€65,069) and Stocks and contracts (+€5,000)
- Stocks and contracts -€5,000
down €5,000 (-43.5%), from €11,483 to €6,483
- Trade debts -€55,819
down €55,819 (-82.6%), from €67,595 to €11,776
- Profit (loss) carried forward -€2,292
down €2,292 (-6.0%), from -€37,979 to -€40,271
- Other debts -€1,825
down €1,825 (-7.9%), from €23,008 to €21,183
- Staff costs +€5,587
up €5,587 (+46.4%), from €12,034 to €17,621
- Other operating charges +€1,037
up €1,037 (+61.6%), from €1,684 to €2,721
- Taxes +€264
new in 2024: €264
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,864 | €27,589 | -€59,275 | -68.2% |
| Fixed assets | 21/28 | €1,076 | €398 | -€678 | -63.0% |
| Tangible fixed assets | 22/27 | €1,076 | €398 | -€678 | -63.0% |
| Plant, machinery and equipment | 23 | €326 | - | -€326 | |
| Furniture and vehicles | 24 | €750 | €398 | -€352 | -46.9% |
| Current assets | 29/58 | €85,788 | €27,191 | -€58,597 | -68.3% |
| Stocks and contracts in progress | 3 | €11,483 | €6,483 | -€5,000 | -43.5% |
| Stocks | 30/36 | €11,483 | €6,483 | -€5,000 | -43.5% |
| Amounts receivable within one year | 40/41 | €69,239 | €4,170 | -€65,069 | -94.0% |
| Trade receivables | 40 | €67,085 | €4,170 | -€62,915 | -93.8% |
| Other amounts receivable | 41 | €2,154 | - | -€2,154 | |
| Cash at bank and in hand | 54/58 | €5,066 | €16,538 | +€11,472 | +226% |
| Total equity and liabilities | 10/49 | €86,864 | €27,589 | -€59,275 | -68.2% |
| Equity | 10/15 | -€31,779 | -€34,071 | -€2,292 | -7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,979 | -€40,271 | -€2,292 | -6.0% |
| Amounts payable | 17/49 | €118,643 | €61,660 | -€56,983 | -48.0% |
| Amounts payable within one year | 42/48 | €118,643 | €61,660 | -€56,983 | -48.0% |
| Trade debts | 44 | €67,595 | €11,776 | -€55,819 | -82.6% |
| Suppliers | 440/4 | €67,595 | €11,776 | -€55,819 | -82.6% |
| Taxes, remuneration and social security | 45 | €28,040 | €28,701 | +€661 | +2.4% |
| Taxes | 450/3 | - | €1,559 | +€1,559 | |
| Remuneration and social security | 454/9 | €28,040 | €27,142 | -€898 | -3.2% |
| Other amounts payable | 47/48 | €23,008 | €21,183 | -€1,825 | -7.9% |
| Non-recurring operating income | 76A | - | €4,537 | +€4,537 | |
| Remuneration, social security and pensions | 62 | €12,034 | €17,621 | +€5,587 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €759 | €678 | -€81 | -10.7% |
| Other operating charges | 640/8 | €1,684 | €2,721 | +€1,037 | +61.6% |
| Gross operating margin | 9900 | €19,013 | €19,100 | +€87 | +0.5% |
| Operating profit (loss) | 9901 | €4,536 | -€1,920 | -€6,456 | |
| Financial charges | 65/66B | €217 | €108 | -€109 | -50.2% |
| Recurring financial charges | 65 | €217 | €108 | -€109 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €4,319 | -€2,028 | -€6,347 | |
| Income taxes | 67/77 | - | €264 | +€264 | |
| Profit (loss) for the period | 9904 | €4,319 | -€2,292 | -€6,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,319 | -€2,292 | -€6,611 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.