Peeters & Greenman: 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 & Greenman
Largest movements
- Cash -€16,978
down €16,978 (-57.8%), from €29,381 to €12,404
mainly Net result for the year (-€15,603) and Other debts (-€2,062)
- Tangible fixed assets -€3,983
down €3,983 (-48.4%), from €8,228 to €4,245
of which Furniture and vehicles: -€2,728
- Receivables within one year +€1,224
up €1,224 (+63.2%), from €1,937 to €3,161
of which Trade receivables: +€2,154
- Profit (loss) carried forward -€15,603
down €15,603 (-24.1%), from -€64,634 to -€80,237
- Other debts -€2,062
down €2,062 (-27.3%), from €7,551 to €5,488
- Current portion of long-term debt -€1,479
no longer reported in 2025 (was €1,479)
- Trade debts -€590
down €590 (-48.7%), from €1,212 to €622
- Gross operating margin +€1,337
up €1,337 (+11.3%), from -€11,874 to -€10,537
- Other operating charges -€504
down €504 (-42.9%), from €1,177 to €673
- Financial income -€317
down €317 (-89.8%), from €353 to €36
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 | €39,946 | €20,209 | -€19,737 | -49.4% |
| Fixed assets | 21/28 | €8,228 | €4,245 | -€3,983 | -48.4% |
| Tangible fixed assets | 22/27 | €8,228 | €4,245 | -€3,983 | -48.4% |
| Land and buildings | 22 | €1,616 | €1,424 | -€192 | -11.9% |
| Plant, machinery and equipment | 23 | €2,486 | €1,423 | -€1,063 | -42.8% |
| Furniture and vehicles | 24 | €4,126 | €1,398 | -€2,728 | -66.1% |
| Current assets | 29/58 | €31,718 | €15,964 | -€15,754 | -49.7% |
| Amounts receivable within one year | 40/41 | €1,937 | €3,161 | +€1,224 | +63.2% |
| Trade receivables | 40 | €408 | €2,562 | +€2,154 | +528% |
| Other amounts receivable | 41 | €1,529 | €599 | -€930 | -60.8% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,381 | €12,404 | -€16,978 | -57.8% |
| Deferred charges and accrued income | 490/1 | €150 | €150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €39,946 | €20,209 | -€19,737 | -49.4% |
| Equity | 10/15 | €29,537 | €13,934 | -€15,603 | -52.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,971 | €87,971 | = | 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% |
| Tax-exempt reserves | 132 | €3,579 | €3,579 | = | 0.0% |
| Distributable reserves | 133 | €82,532 | €82,532 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,634 | -€80,237 | -€15,603 | -24.1% |
| Amounts payable | 17/49 | €10,410 | €6,275 | -€4,134 | -39.7% |
| Amounts payable within one year | 42/48 | €10,410 | €6,275 | -€4,134 | -39.7% |
| Current portion of amounts payable after more than one year | 42 | €1,479 | - | -€1,479 | |
| Trade debts | 44 | €1,212 | €622 | -€590 | -48.7% |
| Suppliers | 440/4 | €1,212 | €622 | -€590 | -48.7% |
| Taxes, remuneration and social security | 45 | €168 | €165 | -€3 | -1.6% |
| Taxes | 450/3 | €168 | €165 | -€3 | -1.6% |
| Other amounts payable | 47/48 | €7,551 | €5,488 | -€2,062 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,983 | €3,983 | = | 0.0% |
| Other operating charges | 640/8 | €1,177 | €673 | -€504 | -42.9% |
| Gross operating margin | 9900 | -€11,874 | -€10,537 | +€1,337 | +11.3% |
| Operating profit (loss) | 9901 | -€17,035 | -€15,193 | +€1,842 | +10.8% |
| Financial income | 75/76B | €353 | €36 | -€317 | -89.8% |
| Recurring financial income | 75 | €353 | €36 | -€317 | -89.8% |
| Financial charges | 65/66B | €304 | €281 | -€23 | -7.6% |
| Recurring financial charges | 65 | €304 | €281 | -€23 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,986 | -€15,438 | +€1,548 | +9.1% |
| Income taxes | 67/77 | €168 | €165 | -€3 | -1.5% |
| Profit (loss) for the period | 9904 | -€17,154 | -€15,603 | +€1,551 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,154 | -€15,603 | +€1,551 | +9.0% |
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 25 October 2026 via checked.be.