Peak Progress: 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 Progress
Largest movements
- Cash +€49,812
up €49,812 (+51.1%), from €97,468 to €147,281
mainly Net result for the year (+€65,152) and Tax, wage and social debts (+€4,541)
- Current investments +€21,316
up €21,316 (+8.8%), from €241,610 to €262,925
- Reserves +€65,152
up €65,152 (+20.2%), from €322,400 to €387,552
of which Distributable reserves: +€67,012
- Gross operating margin +€10,639
up €10,639 (+12.4%), from €85,489 to €96,128
- Taxes +€3,441
up €3,441 (+14.9%), from €23,121 to €26,562
- Financial income +€1,363
up €1,363 (+914.2%), from €149 to €1,512
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 | €389,207 | €455,033 | +€65,826 | +16.9% |
| Fixed assets | 21/28 | €23,023 | €19,971 | -€3,053 | -13.3% |
| Tangible fixed assets | 22/27 | €23,023 | €19,971 | -€3,053 | -13.3% |
| Land and buildings | 22 | €17,476 | €15,739 | -€1,736 | -9.9% |
| Furniture and vehicles | 24 | €5,548 | €4,232 | -€1,316 | -23.7% |
| Current assets | 29/58 | €366,184 | €435,063 | +€68,879 | +18.8% |
| Amounts receivable within one year | 40/41 | €25,773 | €23,337 | -€2,436 | -9.5% |
| Trade receivables | 40 | €25,773 | €23,337 | -€2,436 | -9.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €241,610 | €262,925 | +€21,316 | +8.8% |
| Cash at bank and in hand | 54/58 | €97,468 | €147,281 | +€49,812 | +51.1% |
| Deferred charges and accrued income | 490/1 | €1,333 | €1,520 | +€187 | +14.0% |
| Total equity and liabilities | 10/49 | €389,207 | €455,033 | +€65,826 | +16.9% |
| Equity | 10/15 | €341,000 | €406,152 | +€65,152 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €322,400 | €387,552 | +€65,152 | +20.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €320,540 | €387,552 | +€67,012 | +20.9% |
| Amounts payable | 17/49 | €48,208 | €48,881 | +€674 | +1.4% |
| Amounts payable within one year | 42/48 | €48,208 | €48,881 | +€674 | +1.4% |
| Financial debts | 43 | €118 | €53 | -€65 | -55.2% |
| Credit institutions | 430/8 | €118 | €53 | -€65 | -55.2% |
| Trade debts | 44 | €5,434 | €1,844 | -€3,591 | -66.1% |
| Suppliers | 440/4 | €5,434 | €1,844 | -€3,591 | -66.1% |
| Taxes, remuneration and social security | 45 | €25,581 | €30,122 | +€4,541 | +17.8% |
| Taxes | 450/3 | €25,581 | €30,122 | +€4,541 | +17.8% |
| Other amounts payable | 47/48 | €17,074 | €16,863 | -€211 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,547 | €4,529 | -€17 | -0.4% |
| Other operating charges | 640/8 | €803 | €1,196 | +€393 | +48.9% |
| Gross operating margin | 9900 | €85,489 | €96,128 | +€10,639 | +12.4% |
| Operating profit (loss) | 9901 | €80,139 | €90,403 | +€10,264 | +12.8% |
| Financial income | 75/76B | €149 | €1,512 | +€1,363 | +914.2% |
| Recurring financial income | 75 | €149 | €1,512 | +€1,363 | +914.2% |
| Financial charges | 65/66B | €389 | €200 | -€189 | -48.5% |
| Recurring financial charges | 65 | €389 | €200 | -€189 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €79,899 | €91,714 | +€11,815 | +14.8% |
| Income taxes | 67/77 | €23,121 | €26,562 | +€3,441 | +14.9% |
| Profit (loss) for the period | 9904 | €56,778 | €65,152 | +€8,374 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,778 | €65,152 | +€8,374 | +14.7% |
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 3 October 2026 via checked.be.