PEETERMANS: 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.
PEETERMANS
Largest movements
- Receivables within one year -€11,054
down €11,054 (-35.5%), from €31,120 to €20,066
of which Trade receivables: -€9,804
- Cash -€7,895
down €7,895 (-62.8%), from €12,570 to €4,675
mainly Net result for the year (-€24,929) and Tax, wage and social debts (-€2,432)
- Current investments -€6,105
down €6,105 (-2.6%), from €236,131 to €230,026
- Profit (loss) carried forward -€24,929
down €24,929 (-64.2%), from €38,822 to €13,893
- Gross operating margin -€79,135
down €79,135, from €51,314 to -€27,821
- Taxes -€13,525
down €13,525 (-94.6%), from €14,296 to €771
- Financial income +€3,692
up €3,692 (+172%), from €2,147 to €5,839
- Financial charges +€1,195
up €1,195 (+774%), from €154 to €1,349
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 | €285,592 | €259,942 | -€25,650 | -9.0% |
| Current assets | 29/58 | €285,592 | €259,942 | -€25,650 | -9.0% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Trade receivables | 290 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,120 | €20,066 | -€11,054 | -35.5% |
| Trade receivables | 40 | €20,750 | €10,946 | -€9,804 | -47.3% |
| Other amounts receivable | 41 | €10,370 | €9,120 | -€1,250 | -12.1% |
| Current investments | 50/53 | €236,131 | €230,026 | -€6,105 | -2.6% |
| Cash at bank and in hand | 54/58 | €12,570 | €4,675 | -€7,895 | -62.8% |
| Deferred charges and accrued income | 490/1 | €771 | €175 | -€596 | -77.3% |
| Total equity and liabilities | 10/49 | €285,592 | €259,942 | -€25,650 | -9.0% |
| Equity | 10/15 | €278,642 | €253,713 | -€24,929 | -8.9% |
| Contributions | 10/11 | €183,600 | €183,600 | = | 0.0% |
| Reserves | 13 | €56,220 | €56,220 | = | 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 | €54,360 | €54,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,822 | €13,893 | -€24,929 | -64.2% |
| Amounts payable | 17/49 | €6,950 | €6,229 | -€721 | -10.4% |
| Amounts payable within one year | 42/48 | €6,950 | €6,229 | -€721 | -10.4% |
| Trade debts | 44 | €517 | €2,227 | +€1,711 | +331% |
| Suppliers | 440/4 | €517 | €2,227 | +€1,711 | +331% |
| Taxes, remuneration and social security | 45 | €4,934 | €2,502 | -€2,432 | -49.3% |
| Taxes | 450/3 | €2,061 | €746 | -€1,315 | -63.8% |
| Remuneration and social security | 454/9 | €2,873 | €1,756 | -€1,117 | -38.9% |
| Other amounts payable | 47/48 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €456 | €828 | +€372 | +81.4% |
| Gross operating margin | 9900 | €51,314 | -€27,821 | -€79,135 | |
| Operating profit (loss) | 9901 | €50,857 | -€28,649 | -€79,506 | |
| Financial income | 75/76B | €2,147 | €5,839 | +€3,692 | +172% |
| Recurring financial income | 75 | €2,147 | €5,839 | +€3,692 | +172% |
| Financial charges | 65/66B | €154 | €1,349 | +€1,195 | +774% |
| Recurring financial charges | 65 | €154 | €1,349 | +€1,195 | +774% |
| Profit (loss) for the period before taxes | 9903 | €52,850 | -€24,159 | -€77,009 | |
| Income taxes | 67/77 | €14,296 | €771 | -€13,525 | -94.6% |
| Profit (loss) for the period | 9904 | €38,554 | -€24,929 | -€63,483 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,554 | -€24,929 | -€63,483 |
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 13 October 2026 via checked.be.