PEETERS & PEETERS: 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 & PEETERS
Largest movements
- Tangible fixed assets -€21,268
down €21,268 (-30.5%), from €69,719 to €48,450
- Cash +€19,409
up €19,409 (+22.0%), from €88,423 to €107,832
mainly Depreciation (+€23,545) and Net result for the year (+€2,754)
- Receivables within one year +€3,691
up €3,691 (+42.4%), from €8,699 to €12,390
of which Trade receivables: +€2,417
- Profit (loss) carried forward +€2,754
up €2,754 (+2.4%), from €116,944 to €119,698
- Purchases and services -€22,459
down €22,459 (-17.4%), from €128,794 to €106,335
- Turnover -€16,202
down €16,202 (-11.0%), from €147,293 to €131,091
- Gross operating margin +€6,254
up €6,254 (+29.5%), from €21,181 to €27,435
- Depreciation -€5,364
down €5,364 (-18.6%), from €28,908 to €23,545
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 | €169,008 | €171,645 | +€2,637 | +1.6% |
| Fixed assets | 21/28 | €69,768 | €48,500 | -€21,268 | -30.5% |
| Tangible fixed assets | 22/27 | €69,719 | €48,450 | -€21,268 | -30.5% |
| Plant, machinery and equipment | 23 | €47,727 | €38,554 | -€9,173 | -19.2% |
| Furniture and vehicles | 24 | €19,823 | €9,896 | -€9,927 | -50.1% |
| Leasing and similar rights | 25 | €2,168 | - | -€2,168 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €99,240 | €123,145 | +€23,905 | +24.1% |
| Amounts receivable within one year | 40/41 | €8,699 | €12,390 | +€3,691 | +42.4% |
| Trade receivables | 40 | €2,968 | €5,385 | +€2,417 | +81.4% |
| Other amounts receivable | 41 | €5,731 | €7,005 | +€1,274 | +22.2% |
| Cash at bank and in hand | 54/58 | €88,423 | €107,832 | +€19,409 | +22.0% |
| Deferred charges and accrued income | 490/1 | €2,119 | €2,924 | +€805 | +38.0% |
| Total equity and liabilities | 10/49 | €169,008 | €171,645 | +€2,637 | +1.6% |
| Equity | 10/15 | €162,477 | €165,231 | +€2,754 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,933 | €26,933 | = | 0.0% |
| Distributable reserves | 133 | €26,933 | €26,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,944 | €119,698 | +€2,754 | +2.4% |
| Amounts payable | 17/49 | €6,532 | €6,414 | -€117 | -1.8% |
| Amounts payable within one year | 42/48 | €6,532 | €6,414 | -€117 | -1.8% |
| Trade debts | 44 | €1,820 | €1,151 | -€669 | -36.8% |
| Suppliers | 440/4 | €1,820 | €1,151 | -€669 | -36.8% |
| Other amounts payable | 47/48 | €4,711 | €5,263 | +€552 | +11.7% |
| Turnover | 70 | €147,293 | €131,091 | -€16,202 | -11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €128,794 | €106,335 | -€22,459 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,908 | €23,545 | -€5,364 | -18.6% |
| Other operating charges | 640/8 | €1,318 | €1,344 | +€25 | +1.9% |
| Gross operating margin | 9900 | €21,181 | €27,435 | +€6,254 | +29.5% |
| Operating profit (loss) | 9901 | -€9,046 | €2,547 | +€11,593 | |
| Financial income | 75/76B | €366 | €460 | +€94 | +25.7% |
| Recurring financial income | 75 | €366 | €460 | +€94 | +25.7% |
| Financial charges | 65/66B | €114 | €73 | -€41 | -35.8% |
| Recurring financial charges | 65 | €114 | €73 | -€41 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,794 | €2,934 | +€11,728 | |
| Income taxes | 67/77 | €180 | €180 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | -€8,974 | €2,754 | +€11,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,974 | €2,754 | +€11,728 |
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 20 October 2026 via checked.be.