PEAK 42: what changed
Two fiscal 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.
PEAK 42
Largest movements
- Cash +€27,278
up €27,278 (+52.6%), from €51,868 to €79,145
mainly Net result for the year (+€29,249) and Tax, wage and social debts (+€5,483)
- Tangible fixed assets +€3,909
up €3,909 (+482.4%), from €810 to €4,719
- Receivables within one year +€2,061
up €2,061 (+5.6%), from €36,820 to €38,881
of which Trade receivables: +€11,763
- Profit (loss) carried forward +€29,249
up €29,249 (+52.4%), from €55,866 to €85,115
- Tax, wage and social debts +€5,483
up €5,483 (+1860.4%), from €295 to €5,778
- Financial charges -€4,635
down €4,635 (-13.2%), from €35,143 to €30,508
- Gross operating margin -€4,581
down €4,581 (-6.1%), from €75,288 to €70,707
- Depreciation -€2,076
down €2,076 (-70.5%), from €2,946 to €870
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.
Cash bridge derived
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 | €89,498 | €123,722 | +€34,224 | +38.2% |
| Fixed assets | 21/28 | €810 | €4,719 | +€3,909 | +482.4% |
| Tangible fixed assets | 22/27 | €810 | €4,719 | +€3,909 | +482.4% |
| Furniture and vehicles | 24 | €810 | €4,719 | +€3,909 | +482.4% |
| Current assets | 29/58 | €88,687 | €119,003 | +€30,316 | +34.2% |
| Amounts receivable within one year | 40/41 | €36,820 | €38,881 | +€2,061 | +5.6% |
| Trade receivables | 40 | €737 | €12,500 | +€11,763 | +1595.8% |
| Other amounts receivable | 41 | €36,083 | €26,381 | -€9,702 | -26.9% |
| Cash at bank and in hand | 54/58 | €51,868 | €79,145 | +€27,278 | +52.6% |
| Deferred charges and accrued income | 490/1 | - | €977 | +€977 | |
| Total equity and liabilities | 10/49 | €89,498 | €123,722 | +€34,224 | +38.2% |
| Equity | 10/15 | €58,866 | €88,115 | +€29,249 | +49.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,866 | €85,115 | +€29,249 | +52.4% |
| Provisions and deferred taxes | 16 | €28,914 | €29,829 | +€915 | +3.2% |
| Provisions for liabilities and charges | 160/5 | €28,914 | €29,829 | +€915 | +3.2% |
| Other liabilities and charges | 164/5 | €28,914 | €29,829 | +€915 | +3.2% |
| Amounts payable | 17/49 | €1,717 | €5,778 | +€4,060 | +236.5% |
| Amounts payable within one year | 42/48 | €1,717 | €5,778 | +€4,060 | +236.5% |
| Current portion of amounts payable after more than one year | 42 | €821 | - | -€821 | |
| Taxes, remuneration and social security | 45 | €295 | €5,778 | +€5,483 | +1860.4% |
| Taxes | 450/3 | €295 | €5,778 | +€5,483 | +1860.4% |
| Other amounts payable | 47/48 | €601 | - | -€601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,946 | €870 | -€2,076 | -70.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €691 | €915 | +€223 | +32.3% |
| Other operating charges | 640/8 | €825 | €496 | -€329 | -39.9% |
| Gross operating margin | 9900 | €75,288 | €70,707 | -€4,581 | -6.1% |
| Operating profit (loss) | 9901 | €70,825 | €68,426 | -€2,399 | -3.4% |
| Financial charges | 65/66B | €35,143 | €30,508 | -€4,635 | -13.2% |
| Recurring financial charges | 65 | €35,143 | €30,508 | -€4,635 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €35,682 | €37,918 | +€2,236 | +6.3% |
| Income taxes | 67/77 | €8,183 | €8,669 | +€486 | +5.9% |
| Profit (loss) for the period | 9904 | €27,499 | €29,249 | +€1,750 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,499 | €29,249 | +€1,750 | +6.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.