PEAK MANAGEMENT: 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.
PEAK MANAGEMENT
Largest movements
- Cash +€54,720
up €54,720 (+60.5%), from €90,423 to €145,144
mainly Net result for the year (+€70,344) and Depreciation (+€15,757)
- Receivables within one year +€11,904
up €11,904 (+27.8%), from €42,853 to €54,756
- Tangible fixed assets -€11,780
down €11,780 (-34.9%), from €33,768 to €21,988
of which Furniture and vehicles: -€10,702
- Deferred charges and accrued income -€7,520
down €7,520 (-33.3%), from €22,582 to €15,062
- Reserves +€41,322
up €41,322 (+24.3%), from €169,835 to €211,157
- Tax, wage and social debts +€6,350
up €6,350 (+61.4%), from €10,340 to €16,690
- Gross operating margin -€21,148
down €21,148 (-15.3%), from €138,157 to €117,009
- Taxes -€3,908
down €3,908 (-11.9%), from €32,945 to €29,037
- Depreciation +€1,531
up €1,531 (+10.8%), from €14,226 to €15,757
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 | €189,626 | €236,950 | +€47,324 | +25.0% |
| Fixed assets | 21/28 | €33,768 | €21,988 | -€11,780 | -34.9% |
| Tangible fixed assets | 22/27 | €33,768 | €21,988 | -€11,780 | -34.9% |
| Land and buildings | 22 | €1,837 | €759 | -€1,078 | -58.7% |
| Furniture and vehicles | 24 | €31,931 | €21,229 | -€10,702 | -33.5% |
| Current assets | 29/58 | €155,858 | €214,962 | +€59,104 | +37.9% |
| Amounts receivable within one year | 40/41 | €42,853 | €54,756 | +€11,904 | +27.8% |
| Trade receivables | 40 | €42,853 | €54,756 | +€11,904 | +27.8% |
| Cash at bank and in hand | 54/58 | €90,423 | €145,144 | +€54,720 | +60.5% |
| Deferred charges and accrued income | 490/1 | €22,582 | €15,062 | -€7,520 | -33.3% |
| Total equity and liabilities | 10/49 | €189,626 | €236,950 | +€47,324 | +25.0% |
| Equity | 10/15 | €176,035 | €217,357 | +€41,322 | +23.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Share premium | 1100/10 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €169,835 | €211,157 | +€41,322 | +24.3% |
| Distributable reserves | 133 | €169,835 | €211,157 | +€41,322 | +24.3% |
| Amounts payable | 17/49 | €13,591 | €19,593 | +€6,002 | +44.2% |
| Amounts payable within one year | 42/48 | €13,591 | €19,593 | +€6,002 | +44.2% |
| Trade debts | 44 | €523 | €1,819 | +€1,296 | +247.8% |
| Suppliers | 440/4 | €523 | €1,819 | +€1,296 | +247.8% |
| Taxes, remuneration and social security | 45 | €10,340 | €16,690 | +€6,350 | +61.4% |
| Taxes | 450/3 | €10,340 | €16,690 | +€6,350 | +61.4% |
| Other amounts payable | 47/48 | €2,728 | €1,084 | -€1,644 | -60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,226 | €15,757 | +€1,531 | +10.8% |
| Other operating charges | 640/8 | €654 | €982 | +€328 | +50.1% |
| Gross operating margin | 9900 | €138,157 | €117,009 | -€21,148 | -15.3% |
| Operating profit (loss) | 9901 | €123,277 | €100,270 | -€23,007 | -18.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,285 | €889 | -€395 | -30.8% |
| Recurring financial charges | 65 | €1,285 | €889 | -€395 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €121,992 | €99,381 | -€22,611 | -18.5% |
| Income taxes | 67/77 | €32,945 | €29,037 | -€3,908 | -11.9% |
| Profit (loss) for the period | 9904 | €89,047 | €70,344 | -€18,703 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,047 | €70,344 | -€18,703 | -21.0% |
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 12 October 2026 via checked.be.