Peeters Karel: 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 Karel
Largest movements
- Tangible fixed assets -€9,560
down €9,560 (-63.8%), from €14,982 to €5,422
- Receivables within one year -€3,282
down €3,282 (-65.9%), from €4,978 to €1,696
of which Trade receivables: -€2,088
- Profit (loss) carried forward -€8,992
down €8,992 (-22.2%), from €40,531 to €31,539
- Trade debts -€2,973
down €2,973 (-79.4%), from €3,742 to €769
- Gross operating margin -€30,912
down €30,912 (-94.8%), from €32,609 to €1,697
- Taxes -€7,033
no longer reported in 2025 (was €7,033)
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 | €199,753 | €187,854 | -€11,899 | -6.0% |
| Fixed assets | 21/28 | €14,982 | €5,422 | -€9,560 | -63.8% |
| Tangible fixed assets | 22/27 | €14,982 | €5,422 | -€9,560 | -63.8% |
| Furniture and vehicles | 24 | €14,982 | €5,422 | -€9,560 | -63.8% |
| Current assets | 29/58 | €184,771 | €182,432 | -€2,339 | -1.3% |
| Amounts receivable within one year | 40/41 | €4,978 | €1,696 | -€3,282 | -65.9% |
| Trade receivables | 40 | €3,484 | €1,396 | -€2,088 | -59.9% |
| Other amounts receivable | 41 | €1,494 | €300 | -€1,194 | -79.9% |
| Cash at bank and in hand | 54/58 | €179,793 | €180,182 | +€389 | +0.2% |
| Deferred charges and accrued income | 490/1 | - | €554 | +€554 | |
| Total equity and liabilities | 10/49 | €199,753 | €187,854 | -€11,899 | -6.0% |
| Equity | 10/15 | €189,377 | €180,385 | -€8,992 | -4.7% |
| Contributions | 10/11 | €24,790 | €24,790 | = | 0.0% |
| Reserves | 13 | €124,056 | €124,056 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €121,577 | €121,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,531 | €31,539 | -€8,992 | -22.2% |
| Amounts payable | 17/49 | €10,375 | €7,468 | -€2,907 | -28.0% |
| Amounts payable within one year | 42/48 | €10,375 | €7,468 | -€2,907 | -28.0% |
| Trade debts | 44 | €3,742 | €769 | -€2,973 | -79.4% |
| Suppliers | 440/4 | €3,742 | €769 | -€2,973 | -79.4% |
| Taxes, remuneration and social security | 45 | €6,633 | €6,699 | +€66 | +1.0% |
| Taxes | 450/3 | €6,633 | €6,699 | +€66 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,560 | €9,560 | = | 0.0% |
| Other operating charges | 640/8 | €882 | €1,146 | +€264 | +30.0% |
| Gross operating margin | 9900 | €32,609 | €1,697 | -€30,912 | -94.8% |
| Operating profit (loss) | 9901 | €22,167 | -€9,009 | -€31,176 | |
| Financial income | 75/76B | €335 | €156 | -€178 | -53.3% |
| Recurring financial income | 75 | €335 | €156 | -€178 | -53.3% |
| Financial charges | 65/66B | €121 | €139 | +€18 | +14.9% |
| Recurring financial charges | 65 | €121 | €139 | +€18 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €22,381 | -€8,992 | -€31,373 | |
| Income taxes | 67/77 | €7,033 | - | -€7,033 | |
| Profit (loss) for the period | 9904 | €15,348 | -€8,992 | -€24,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,348 | -€8,992 | -€24,340 |
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 31 October 2026 via checked.be.