PEETERS - ENGELEN: 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.
What changed
PEETERS - ENGELEN
NACE 47.742, Retail sale of prescription glasses, lenses and sunglasses
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€57,871
2024 · €52,014+€5,857
Equity
€577,688
2024 · €519,817+€57,871
Cash
€212,642
2024 · €259,568-€46,925
Balance sheet total
€680,289
2024 · €638,102+€42,187
Largest movements
Assets
- Current investments +€85,000
new in 2025: €85,000
- Cash -€46,925
down €46,925 (-18.1%), from €259,568 to €212,642
mainly Current investments (-€85,000) and Debts after one year (-€16,047)
Equity and liabilities
- Reserves +€57,871
up €57,871 (+17.4%), from €332,117 to €389,988
- Debts after one year -€16,047
down €16,047 (-29.4%), from €54,536 to €38,489
Income statement
- Depreciation -€4,320
down €4,320 (-18.6%), from €23,179 to €18,859
- Gross operating margin +€3,078
up €3,078 (+3.0%), from €102,004 to €105,082
- Taxes +€1,907
up €1,907 (+9.5%), from €20,063 to €21,970
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.
Result 2024
€52,014
Gross operating margin
+€3,078
Depreciation
+€4,320
Other operating charges
-€207
Financial income
+€667
Financial charges
-€95
Taxes
-€1,907
Result 2025
€57,871
raises the resultlowers the result
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.
From operations
+€74,689
Investment
-€99,466
Financing
-€22,148
Cash 2024
€259,568
From operations (derived)
+€74,689
Net result for the year
+€57,871
Depreciation
+€18,859
Stocks and contracts
-€5,865
Smaller working-capital items
+€385
Deferred charges and accrued income
-€2,848
Trade debts
+€3,121
Tax, wage and social debts
+€2,111
Other debts
+€1,056
Investment (derived)
-€99,466
Investment in fixed assets (net)
-€14,466
Current investments
-€85,000
Financing
-€22,148
Debts after one year
-€16,047
Current portion of long-term debt
-€1,102
Short-term financial debts
-€5,000
Cash 2025
€212,642
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €638,102 | €680,289 | +€42,187 | +6.6% |
| Fixed assets | 21/28 | €183,169 | €178,776 | -€4,393 | -2.4% |
| Tangible fixed assets | 22/27 | €183,169 | €178,776 | -€4,393 | -2.4% |
| Land and buildings | 22 | €157,010 | €146,035 | -€10,974 | -7.0% |
| Plant, machinery and equipment | 23 | €24,822 | €31,909 | +€7,087 | +28.5% |
| Furniture and vehicles | 24 | €1,337 | €831 | -€506 | -37.8% |
| Current assets | 29/58 | €454,933 | €501,513 | +€46,580 | +10.2% |
| Stocks and contracts in progress | 3 | €194,233 | €200,098 | +€5,865 | +3.0% |
| Stocks | 30/36 | €194,233 | €200,098 | +€5,865 | +3.0% |
| Amounts receivable within one year | 40/41 | €208 | - | -€208 | |
| Other amounts receivable | 41 | €208 | - | -€208 | |
| Current investments | 50/53 | - | €85,000 | +€85,000 | |
| Cash at bank and in hand | 54/58 | €259,568 | €212,642 | -€46,925 | -18.1% |
| Deferred charges and accrued income | 490/1 | €925 | €3,773 | +€2,848 | +308% |
| Total equity and liabilities | 10/49 | €638,102 | €680,289 | +€42,187 | +6.6% |
| Equity | 10/15 | €519,817 | €577,688 | +€57,871 | +11.1% |
| Contributions | 10/11 | €187,700 | €187,700 | = | 0.0% |
| Reserves | 13 | €332,117 | €389,988 | +€57,871 | +17.4% |
| Distributable reserves | 133 | €332,117 | €389,988 | +€57,871 | +17.4% |
| Amounts payable | 17/49 | €118,285 | €102,602 | -€15,684 | -13.3% |
| Amounts payable after more than one year | 17 | €54,536 | €38,489 | -€16,047 | -29.4% |
| Financial debts | 170/4 | €54,536 | €38,489 | -€16,047 | -29.4% |
| Amounts payable within one year | 42/48 | €62,694 | €62,880 | +€186 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €17,148 | €16,047 | -€1,102 | -6.4% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Credit institutions | 430/8 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €6,149 | €9,270 | +€3,121 | +50.8% |
| Suppliers | 440/4 | €6,149 | €9,270 | +€3,121 | +50.8% |
| Taxes, remuneration and social security | 45 | €10,056 | €12,167 | +€2,111 | +21.0% |
| Taxes | 450/3 | €10,056 | €12,167 | +€2,111 | +21.0% |
| Other amounts payable | 47/48 | €24,341 | €25,397 | +€1,056 | +4.3% |
| Accrued charges and deferred income | 492/3 | €1,056 | €1,233 | +€177 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,179 | €18,859 | -€4,320 | -18.6% |
| Other operating charges | 640/8 | €4,382 | €4,589 | +€207 | +4.7% |
| Gross operating margin | 9900 | €102,004 | €105,082 | +€3,078 | +3.0% |
| Operating profit (loss) | 9901 | €74,442 | €81,634 | +€7,191 | +9.7% |
| Financial income | 75/76B | €2,547 | €3,214 | +€667 | +26.2% |
| Recurring financial income | 75 | €2,547 | €3,214 | +€667 | +26.2% |
| Financial charges | 65/66B | €4,912 | €5,007 | +€95 | +1.9% |
| Recurring financial charges | 65 | €4,912 | €5,007 | +€95 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €72,077 | €79,841 | +€7,764 | +10.8% |
| Income taxes | 67/77 | €20,063 | €21,970 | +€1,907 | +9.5% |
| Profit (loss) for the period | 9904 | €52,014 | €57,871 | +€5,857 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,014 | €57,871 | +€5,857 | +11.3% |
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 30 October 2026 via checked.be.