PEETEN DRIES: 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.
PEETEN DRIES
Largest movements
- Cash -€47,130
down €47,130 (-28.4%), from €165,742 to €118,611
mainly Contributions, distributions and other (-€66,165) and Investment in fixed assets (net) (-€40,160)
- Tangible fixed assets +€31,991
up €31,991 (+379%), from €8,451 to €40,442
of which Furniture and vehicles: +€34,747
- Receivables within one year +€8,431
up €8,431 (+46.0%), from €18,310 to €26,740
of which Other amounts receivable: +€12,192
- Trade debts -€5,630
down €5,630 (-90.3%), from €6,233 to €603
- Other debts +€4,851
up €4,851 (+87.1%), from €5,569 to €10,420
- Reserves -€3,716
down €3,716 (-2.1%), from €177,484 to €173,768
- Depreciation +€5,510
up €5,510 (+207%), from €2,659 to €8,169
- Taxes -€2,461
down €2,461 (-10.6%), from €23,239 to €20,778
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 | €194,047 | €188,261 | -€5,785 | -3.0% |
| Fixed assets | 21/28 | €8,451 | €40,442 | +€31,991 | +379% |
| Tangible fixed assets | 22/27 | €8,451 | €40,442 | +€31,991 | +379% |
| Plant, machinery and equipment | 23 | €8,451 | €5,696 | -€2,756 | -32.6% |
| Furniture and vehicles | 24 | - | €34,747 | +€34,747 | |
| Current assets | 29/58 | €185,595 | €147,819 | -€37,776 | -20.4% |
| Amounts receivable within one year | 40/41 | €18,310 | €26,740 | +€8,431 | +46.0% |
| Trade receivables | 40 | €12,357 | €8,596 | -€3,762 | -30.4% |
| Other amounts receivable | 41 | €5,952 | €18,145 | +€12,192 | +205% |
| Cash at bank and in hand | 54/58 | €165,742 | €118,611 | -€47,130 | -28.4% |
| Deferred charges and accrued income | 490/1 | €1,543 | €2,467 | +€924 | +59.8% |
| Total equity and liabilities | 10/49 | €194,047 | €188,261 | -€5,785 | -3.0% |
| Equity | 10/15 | €180,484 | €176,768 | -€3,716 | -2.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €177,484 | €173,768 | -€3,716 | -2.1% |
| Distributable reserves | 133 | €177,484 | €173,768 | -€3,716 | -2.1% |
| Amounts payable | 17/49 | €13,563 | €11,493 | -€2,070 | -15.3% |
| Amounts payable within one year | 42/48 | €13,563 | €11,493 | -€2,070 | -15.3% |
| Trade debts | 44 | €6,233 | €603 | -€5,630 | -90.3% |
| Suppliers | 440/4 | €6,233 | €603 | -€5,630 | -90.3% |
| Taxes, remuneration and social security | 45 | €1,761 | €470 | -€1,291 | -73.3% |
| Taxes | 450/3 | €488 | €470 | -€18 | -3.7% |
| Remuneration and social security | 454/9 | €1,272 | - | -€1,272 | |
| Other amounts payable | 47/48 | €5,569 | €10,420 | +€4,851 | +87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,659 | €8,169 | +€5,510 | +207% |
| Other operating charges | 640/8 | €761 | €1,052 | +€291 | +38.3% |
| Gross operating margin | 9900 | €92,879 | €92,106 | -€773 | -0.8% |
| Operating profit (loss) | 9901 | €89,459 | €82,885 | -€6,574 | -7.3% |
| Financial income | 75/76B | €441 | €542 | +€101 | +23.0% |
| Recurring financial income | 75 | €441 | €542 | +€101 | +23.0% |
| Financial charges | 65/66B | €496 | €200 | -€296 | -59.7% |
| Recurring financial charges | 65 | €496 | €200 | -€296 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €89,404 | €83,227 | -€6,177 | -6.9% |
| Income taxes | 67/77 | €23,239 | €20,778 | -€2,461 | -10.6% |
| Profit (loss) for the period | 9904 | €66,165 | €62,449 | -€3,716 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,165 | €62,449 | -€3,716 | -5.6% |
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 22 October 2026 via checked.be.