PEETERS - DE BAKKER: 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.
PEETERS - DE BAKKER
Largest movements
- Tangible fixed assets +€208,906
up €208,906 (+38.4%), from €544,184 to €753,090
of which Leasing and similar rights: +€125,457
- Receivables within one year +€57,138
up €57,138 (+21.3%), from €268,454 to €325,592
of which Trade receivables: +€46,561
- Cash -€27,203
down €27,203 (-11.9%), from €229,176 to €201,973
mainly Investment in fixed assets (net) (-€371,289) and Receivables within one year (-€57,138)
- Deferred charges and accrued income -€15,184
down €15,184 (-31.0%), from €48,915 to €33,731
- Debts after one year +€140,437
up €140,437 (+49.3%), from €284,754 to €425,190
- Reserves +€50,480
up €50,480 (+9.7%), from €521,606 to €572,086
of which Distributable reserves: +€52,340
- Other debts +€39,922
up €39,922 (+6,388%), from €625 to €40,547
- Tax, wage and social debts -€21,631
down €21,631 (-27.3%), from €79,226 to €57,595
of which Remuneration and social security: -€21,617
- Gross operating margin +€125,318
up €125,318 (+17.7%), from €707,014 to €832,332
- Staff costs +€70,088
up €70,088 (+14.2%), from €493,227 to €563,315
- Financial income +€10,670
up €10,670 (+291%), from €3,670 to €14,339
of which Non-recurring financial income: +€11,761
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 | €1,205,113 | €1,421,443 | +€216,330 | +18.0% |
| Fixed assets | 21/28 | €550,634 | €759,540 | +€208,906 | +37.9% |
| Tangible fixed assets | 22/27 | €544,184 | €753,090 | +€208,906 | +38.4% |
| Land and buildings | 22 | €16,605 | €18,862 | +€2,257 | +13.6% |
| Plant, machinery and equipment | 23 | €17,532 | €14,525 | -€3,007 | -17.2% |
| Furniture and vehicles | 24 | €510,047 | €594,246 | +€84,199 | +16.5% |
| Leasing and similar rights | 25 | - | €125,457 | +€125,457 | |
| Financial fixed assets | 28 | €6,450 | €6,450 | = | 0.0% |
| Current assets | 29/58 | €654,479 | €661,903 | +€7,424 | +1.1% |
| Amounts receivable after more than one year | 29 | €95,615 | €87,969 | -€7,646 | -8.0% |
| Other amounts receivable | 291 | €95,615 | €87,969 | -€7,646 | -8.0% |
| Stocks and contracts in progress | 3 | €12,319 | €12,639 | +€319 | +2.6% |
| Stocks | 30/36 | €12,319 | €12,639 | +€319 | +2.6% |
| Amounts receivable within one year | 40/41 | €268,454 | €325,592 | +€57,138 | +21.3% |
| Trade receivables | 40 | €249,798 | €296,358 | +€46,561 | +18.6% |
| Other amounts receivable | 41 | €18,657 | €29,234 | +€10,577 | +56.7% |
| Cash at bank and in hand | 54/58 | €229,176 | €201,973 | -€27,203 | -11.9% |
| Deferred charges and accrued income | 490/1 | €48,915 | €33,731 | -€15,184 | -31.0% |
| Total equity and liabilities | 10/49 | €1,205,113 | €1,421,443 | +€216,330 | +18.0% |
| Equity | 10/15 | €530,290 | €580,770 | +€50,480 | +9.5% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Reserves | 13 | €521,606 | €572,086 | +€50,480 | +9.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €519,746 | €572,086 | +€52,340 | +10.1% |
| Amounts payable | 17/49 | €674,823 | €840,673 | +€165,850 | +24.6% |
| Amounts payable after more than one year | 17 | €284,754 | €425,190 | +€140,437 | +49.3% |
| Financial debts | 170/4 | €284,754 | €425,190 | +€140,437 | +49.3% |
| Amounts payable within one year | 42/48 | €389,116 | €414,844 | +€25,728 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €127,126 | €139,886 | +€12,760 | +10.0% |
| Financial debts | 43 | - | €4,193 | +€4,193 | |
| Credit institutions | 430/8 | - | €4,193 | +€4,193 | |
| Trade debts | 44 | €182,138 | €172,623 | -€9,515 | -5.2% |
| Suppliers | 440/4 | €182,138 | €172,623 | -€9,515 | -5.2% |
| Taxes, remuneration and social security | 45 | €79,226 | €57,595 | -€21,631 | -27.3% |
| Taxes | 450/3 | €18,715 | €18,701 | -€14 | -0.1% |
| Remuneration and social security | 454/9 | €60,511 | €38,895 | -€21,617 | -35.7% |
| Other amounts payable | 47/48 | €625 | €40,547 | +€39,922 | +6,388% |
| Accrued charges and deferred income | 492/3 | €953 | €638 | -€315 | -33.0% |
| Non-recurring operating income | 76A | €19,500 | - | -€19,500 | |
| Remuneration, social security and pensions | 62 | €493,227 | €563,315 | +€70,088 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,800 | €162,383 | +€1,583 | +1.0% |
| Other operating charges | 640/8 | €3,766 | €5,485 | +€1,719 | +45.6% |
| Gross operating margin | 9900 | €707,014 | €832,332 | +€125,318 | +17.7% |
| Operating profit (loss) | 9901 | €49,221 | €101,148 | +€51,927 | +105% |
| Financial income | 75/76B | €3,670 | €14,339 | +€10,670 | +291% |
| Recurring financial income | 75 | €3,670 | €2,579 | -€1,091 | -29.7% |
| Non-recurring financial income | 76B | €0 | €11,761 | +€11,761 | |
| Financial charges | 65/66B | €12,669 | €18,855 | +€6,186 | +48.8% |
| Recurring financial charges | 65 | €12,669 | €18,855 | +€6,186 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €40,221 | €96,633 | +€56,411 | +140% |
| Income taxes | 67/77 | €10,154 | €6,153 | -€4,001 | -39.4% |
| Profit (loss) for the period | 9904 | €30,068 | €90,480 | +€60,412 | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €30,068 | €90,480 | +€60,412 | +201% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.