PEER PROJECTS: 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.
PEER PROJECTS
Largest movements
- Cash +€7,653
up €7,653 (+3526.7%), from €217 to €7,870
mainly Other debts (+€13,429) and Investment in fixed assets (net) (+€7,266)
- Tangible fixed assets -€7,501
down €7,501 (-89.8%), from €8,352 to €851
of which Furniture and vehicles: -€7,267
- Receivables within one year +€981
up €981 (+13.1%), from €7,496 to €8,477
- Other debts +€13,429
up €13,429 (+3.6%), from €376,836 to €390,265
- Profit (loss) carried forward -€13,299
down €13,299 (-3.2%), from -€417,253 to -€430,552
- Trade debts +€1,078
up €1,078 (+77.2%), from €1,397 to €2,475
- Gross operating margin +€10,227
up €10,227 (+45.6%), from -€22,447 to -€12,220
- Depreciation -€2,344
down €2,344 (-90.9%), from €2,579 to €235
- Other operating charges -€469
down €469 (-37.3%), from €1,256 to €787
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 | €16,065 | €17,198 | +€1,133 | +7.1% |
| Fixed assets | 21/28 | €8,352 | €851 | -€7,501 | -89.8% |
| Tangible fixed assets | 22/27 | €8,352 | €851 | -€7,501 | -89.8% |
| Plant, machinery and equipment | 23 | €1,085 | €851 | -€234 | -21.6% |
| Furniture and vehicles | 24 | €7,267 | - | -€7,267 | |
| Current assets | 29/58 | €7,713 | €16,347 | +€8,634 | +111.9% |
| Amounts receivable within one year | 40/41 | €7,496 | €8,477 | +€981 | +13.1% |
| Other amounts receivable | 41 | €7,496 | €8,477 | +€981 | +13.1% |
| Cash at bank and in hand | 54/58 | €217 | €7,870 | +€7,653 | +3526.7% |
| Total equity and liabilities | 10/49 | €16,065 | €17,198 | +€1,133 | +7.1% |
| Equity | 10/15 | -€375,638 | -€388,937 | -€13,299 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,015 | €23,015 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,155 | €21,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€417,253 | -€430,552 | -€13,299 | -3.2% |
| Amounts payable | 17/49 | €391,703 | €406,135 | +€14,432 | +3.7% |
| Amounts payable within one year | 42/48 | €378,250 | €392,740 | +€14,490 | +3.8% |
| Trade debts | 44 | €1,397 | €2,475 | +€1,078 | +77.2% |
| Suppliers | 440/4 | €1,397 | €2,475 | +€1,078 | +77.2% |
| Taxes, remuneration and social security | 45 | €17 | - | -€17 | |
| Taxes | 450/3 | €17 | - | -€17 | |
| Other amounts payable | 47/48 | €376,836 | €390,265 | +€13,429 | +3.6% |
| Accrued charges and deferred income | 492/3 | €13,453 | €13,395 | -€58 | -0.4% |
| Non-recurring operating income | 76A | - | €33 | +€33 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,579 | €235 | -€2,344 | -90.9% |
| Other operating charges | 640/8 | €1,256 | €787 | -€469 | -37.3% |
| Gross operating margin | 9900 | -€22,447 | -€12,220 | +€10,227 | +45.6% |
| Operating profit (loss) | 9901 | -€26,282 | -€13,242 | +€13,040 | +49.6% |
| Financial charges | 65/66B | €42 | €57 | +€15 | +35.7% |
| Recurring financial charges | 65 | €42 | €57 | +€15 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,324 | -€13,299 | +€13,025 | +49.5% |
| Profit (loss) for the period | 9904 | -€26,324 | -€13,299 | +€13,025 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,324 | -€13,299 | +€13,025 | +49.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.