PEETERS - DE GREEF: 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 GREEF
Largest movements
- Tangible fixed assets +€415,127
up €415,127 (+140%), from €297,532 to €712,659
- Receivables within one year -€188,170
down €188,170 (-80.1%), from €234,815 to €46,645
- Current investments -€183,000
no longer reported in 2025 (was €183,000)
- Trade debts +€43,840
up €43,840 (+2,152%), from €2,037 to €45,877
- Profit (loss) carried forward +€8,364
up €8,364 (+3.7%), from -€225,798 to -€217,433
- Gross operating margin +€16,283
up €16,283, from -€12,979 to €3,304
- Depreciation +€8,472
up €8,472 (+1,319%), from €642 to €9,114
- Other operating charges +€2,646
up €2,646 (+187%), from €1,416 to €4,062
- Financial income +€2,437
up €2,437 (+34.0%), from €7,171 to €9,608
- Financial charges -€818
down €818 (-91.0%), from €899 to €81
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 | €716,310 | €759,803 | +€43,494 | +6.1% |
| Fixed assets | 21/28 | €297,532 | €712,659 | +€415,127 | +140% |
| Tangible fixed assets | 22/27 | €297,532 | €712,659 | +€415,127 | +140% |
| Land and buildings | 22 | €297,532 | €712,659 | +€415,127 | +140% |
| Current assets | 29/58 | €418,777 | €47,144 | -€371,633 | -88.7% |
| Amounts receivable within one year | 40/41 | €234,815 | €46,645 | -€188,170 | -80.1% |
| Other amounts receivable | 41 | €234,815 | €46,645 | -€188,170 | -80.1% |
| Current investments | 50/53 | €183,000 | - | -€183,000 | |
| Cash at bank and in hand | 54/58 | €962 | €67 | -€895 | -93.0% |
| Deferred charges and accrued income | 490/1 | - | €432 | +€432 | |
| Total equity and liabilities | 10/49 | €716,310 | €759,803 | +€43,494 | +6.1% |
| Equity | 10/15 | €500,592 | €502,423 | +€1,831 | +0.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €664,889 | €658,356 | -€6,533 | -1.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €658,689 | €652,156 | -€6,533 | -1.0% |
| Profit (loss) carried forward | 14 | -€225,798 | -€217,433 | +€8,364 | +3.7% |
| Provisions and deferred taxes | 16 | €213,681 | €211,503 | -€2,178 | -1.0% |
| Deferred taxes | 168 | €213,681 | €211,503 | -€2,178 | -1.0% |
| Amounts payable | 17/49 | €2,037 | €45,877 | +€43,840 | +2,152% |
| Amounts payable within one year | 42/48 | €2,037 | €45,877 | +€43,840 | +2,152% |
| Trade debts | 44 | €2,037 | €45,877 | +€43,840 | +2,152% |
| Suppliers | 440/4 | €2,037 | €45,877 | +€43,840 | +2,152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €9,114 | +€8,472 | +1,319% |
| Other operating charges | 640/8 | €1,416 | €4,062 | +€2,646 | +187% |
| Gross operating margin | 9900 | -€12,979 | €3,304 | +€16,283 | |
| Operating profit (loss) | 9901 | -€15,038 | -€9,873 | +€5,165 | +34.3% |
| Financial income | 75/76B | €7,171 | €9,608 | +€2,437 | +34.0% |
| Recurring financial income | 75 | €7,171 | €9,608 | +€2,437 | +34.0% |
| Financial charges | 65/66B | €899 | €81 | -€818 | -91.0% |
| Recurring financial charges | 65 | €899 | €81 | -€818 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,766 | -€346 | +€8,419 | +96.0% |
| Transfer from deferred taxes | 780 | €153 | €2,178 | +€2,024 | +1,319% |
| Profit (loss) for the period | 9904 | -€8,612 | €1,831 | +€10,444 | |
| Transfer from tax-exempt reserves | 789 | €460 | €6,533 | +€6,072 | +1,319% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,152 | €8,364 | +€16,516 |
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 27 October 2026 via checked.be.