PEERS TOM: 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 TOM
Largest movements
- Cash -€16,998
down €16,998 (-2.5%), from €688,001 to €671,003
mainly Contributions, distributions and other (-€283,050) and Other debts (-€44,970)
- Tangible fixed assets -€16,687
down €16,687 (-9.9%), from €168,313 to €151,626
of which Furniture and vehicles: -€15,143
- Tax, wage and social debts +€63,077
up €63,077 (+72.7%), from €86,765 to €149,843
of which Taxes: +€58,169
- Other debts -€44,970
down €44,970 (-95.5%), from €47,108 to €2,138
- Reserves -€27,782
down €27,782 (-3.1%), from €901,858 to €874,076
- Contributions -€18,600
down €18,600 (-100%), from €18,600 to €0
- Gross operating margin +€94,381
up €94,381 (+19.1%), from €493,573 to €587,954
- Taxes +€24,192
up €24,192 (+29.5%), from €81,971 to €106,164
- Staff costs +€22,394
up €22,394 (+11.6%), from €193,704 to €216,098
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 | €1,132,986 | €1,099,727 | -€33,259 | -2.9% |
| Fixed assets | 21/28 | €168,613 | €151,926 | -€16,687 | -9.9% |
| Tangible fixed assets | 22/27 | €168,313 | €151,626 | -€16,687 | -9.9% |
| Land and buildings | 22 | €90,053 | €88,230 | -€1,822 | -2.0% |
| Plant, machinery and equipment | 23 | €26,915 | €27,193 | +€278 | +1.0% |
| Furniture and vehicles | 24 | €51,345 | €36,203 | -€15,143 | -29.5% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €964,373 | €947,800 | -€16,572 | -1.7% |
| Stocks and contracts in progress | 3 | €26,266 | €25,700 | -€565 | -2.2% |
| Stocks | 30/36 | €26,266 | €25,700 | -€565 | -2.2% |
| Amounts receivable within one year | 40/41 | €242,133 | €245,060 | +€2,927 | +1.2% |
| Trade receivables | 40 | €124,906 | €120,913 | -€3,993 | -3.2% |
| Other amounts receivable | 41 | €117,227 | €124,147 | +€6,920 | +5.9% |
| Cash at bank and in hand | 54/58 | €688,001 | €671,003 | -€16,998 | -2.5% |
| Deferred charges and accrued income | 490/1 | €7,973 | €6,037 | -€1,936 | -24.3% |
| Total equity and liabilities | 10/49 | €1,132,986 | €1,099,727 | -€33,259 | -2.9% |
| Equity | 10/15 | €920,458 | €874,076 | -€46,382 | -5.0% |
| Contributions | 10/11 | €18,600 | €0 | -€18,600 | -100% |
| Reserves | 13 | €901,858 | €874,076 | -€27,782 | -3.1% |
| Distributable reserves | 133 | €901,858 | €874,076 | -€27,782 | -3.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €212,528 | €225,651 | +€13,123 | +6.2% |
| Amounts payable after more than one year | 17 | €836 | €0 | -€836 | -100% |
| Financial debts | 170/4 | €836 | €0 | -€836 | -100% |
| Amounts payable within one year | 42/48 | €211,691 | €225,651 | +€13,960 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €4,970 | €0 | -€4,970 | -100% |
| Trade debts | 44 | €72,848 | €73,670 | +€823 | +1.1% |
| Suppliers | 440/4 | €72,848 | €73,670 | +€823 | +1.1% |
| Taxes, remuneration and social security | 45 | €86,765 | €149,843 | +€63,077 | +72.7% |
| Taxes | 450/3 | €61,485 | €119,654 | +€58,169 | +94.6% |
| Remuneration and social security | 454/9 | €25,280 | €30,189 | +€4,908 | +19.4% |
| Other amounts payable | 47/48 | €47,108 | €2,138 | -€44,970 | -95.5% |
| Remuneration, social security and pensions | 62 | €193,704 | €216,098 | +€22,394 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,410 | €26,645 | +€2,235 | +9.2% |
| Other operating charges | 640/8 | €5,238 | €6,512 | +€1,275 | +24.3% |
| Gross operating margin | 9900 | €493,573 | €587,954 | +€94,381 | +19.1% |
| Operating profit (loss) | 9901 | €270,221 | €338,698 | +€68,477 | +25.3% |
| Financial income | 75/76B | €1,757 | €4,640 | +€2,884 | +164% |
| Recurring financial income | 75 | €1,757 | €4,640 | +€2,884 | +164% |
| Financial charges | 65/66B | €784 | €507 | -€277 | -35.4% |
| Recurring financial charges | 65 | €384 | €507 | +€123 | +32.0% |
| Non-recurring financial charges | 66B | €400 | €0 | -€400 | -100% |
| Profit (loss) for the period before taxes | 9903 | €271,194 | €342,832 | +€71,638 | +26.4% |
| Income taxes | 67/77 | €81,971 | €106,164 | +€24,192 | +29.5% |
| Profit (loss) for the period | 9904 | €189,222 | €236,668 | +€47,446 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €189,222 | €236,668 | +€47,446 | +25.1% |
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 29 October 2026 via checked.be.