Peers 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.
Peers Management
Largest movements
- Cash +€22,236
up €22,236 (+66.9%), from €33,219 to €55,456
mainly Other debts (+€46,394) and Net result for the year (+€28,195)
- Tangible fixed assets +€4,089
up €4,089 (+37.2%), from €10,999 to €15,089
of which Other tangible fixed assets: +€12,855
- Receivables within one year -€1,552
down €1,552 (-9.2%), from €16,803 to €15,251
of which Other amounts receivable: -€2,807
- Other debts +€46,394
up €46,394 (+2,744%), from €1,691 to €48,085
- Reserves -€26,313
down €26,313 (-48.3%), from €54,509 to €28,195
- Tax, wage and social debts +€4,721
up €4,721 (+241%), from €1,962 to €6,683
- Gross operating margin +€8,479
up €8,479 (+26.5%), from €32,047 to €40,526
- Taxes +€1,973
up €1,973 (+27.7%), from €7,132 to €9,106
- Depreciation +€1,024
up €1,024 (+75.8%), from €1,352 to €2,376
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.
Derived cash bridge
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 | €61,205 | €86,160 | +€24,955 | +40.8% |
| Fixed assets | 21/28 | €10,999 | €15,089 | +€4,089 | +37.2% |
| Tangible fixed assets | 22/27 | €10,999 | €15,089 | +€4,089 | +37.2% |
| Land and buildings | 22 | €8,052 | - | -€8,052 | |
| Furniture and vehicles | 24 | €2,947 | €2,233 | -€714 | -24.2% |
| Other tangible fixed assets | 26 | - | €12,855 | +€12,855 | |
| Current assets | 29/58 | €50,205 | €71,071 | +€20,866 | +41.6% |
| Amounts receivable within one year | 40/41 | €16,803 | €15,251 | -€1,552 | -9.2% |
| Trade receivables | 40 | €13,102 | €14,356 | +€1,254 | +9.6% |
| Other amounts receivable | 41 | €3,701 | €895 | -€2,807 | -75.8% |
| Cash at bank and in hand | 54/58 | €33,219 | €55,456 | +€22,236 | +66.9% |
| Deferred charges and accrued income | 490/1 | €183 | €365 | +€182 | +99.4% |
| Total equity and liabilities | 10/49 | €61,205 | €86,160 | +€24,955 | +40.8% |
| Equity | 10/15 | €57,009 | €30,695 | -€26,313 | -46.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | - | -€2,500 | |
| Other | 1109/19 | €2,500 | - | -€2,500 | |
| Reserves | 13 | €54,509 | €28,195 | -€26,313 | -48.3% |
| Distributable reserves | 133 | €54,509 | €28,195 | -€26,313 | -48.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €4,196 | €55,465 | +€51,268 | +1,222% |
| Amounts payable within one year | 42/48 | €4,196 | €55,465 | +€51,268 | +1,222% |
| Trade debts | 44 | €544 | €696 | +€153 | +28.1% |
| Suppliers | 440/4 | €544 | €696 | +€153 | +28.1% |
| Taxes, remuneration and social security | 45 | €1,962 | €6,683 | +€4,721 | +241% |
| Taxes | 450/3 | €1,962 | €6,683 | +€4,721 | +241% |
| Other amounts payable | 47/48 | €1,691 | €48,085 | +€46,394 | +2,744% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,352 | €2,376 | +€1,024 | +75.8% |
| Other operating charges | 640/8 | €615 | €677 | +€62 | +10.1% |
| Gross operating margin | 9900 | €32,047 | €40,526 | +€8,479 | +26.5% |
| Operating profit (loss) | 9901 | €30,080 | €37,473 | +€7,393 | +24.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €130 | €177 | +€47 | +35.9% |
| Recurring financial charges | 65 | €130 | €177 | +€47 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €29,950 | €37,301 | +€7,351 | +24.5% |
| Income taxes | 67/77 | €7,132 | €9,106 | +€1,973 | +27.7% |
| Profit (loss) for the period | 9904 | €22,818 | €28,195 | +€5,378 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,818 | €28,195 | +€5,378 | +23.6% |
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 23 October 2026 via checked.be.