PEETERS PETER: 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 PETER
Largest movements
- Cash -€38,132
down €38,132 (-44.8%), from €85,097 to €46,966
mainly Contributions, distributions and other (-€76,135) and Debts after one year (-€7,679)
- Tangible fixed assets -€4,541
down €4,541 (-2.0%), from €231,772 to €227,231
of which Land and buildings: -€2,951
- Reserves -€63,745
down €63,745 (-57.7%), from €110,388 to €46,642
- Profit (loss) carried forward +€15,194
up €15,194, from -€15,194 to €0
- Debts after one year -€7,679
down €7,679 (-3.8%), from €201,083 to €193,405
- Other debts +€7,519
up €7,519 (+17.4%), from €43,128 to €50,648
- Gross operating margin +€39,836
up €39,836 (+349.9%), from €11,385 to €51,221
- Taxes +€7,044
up €7,044 (+4143.3%), from €170 to €7,214
- Depreciation -€1,040
down €1,040 (-10.7%), from €9,688 to €8,648
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.
Cash bridge derived
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 | €362,450 | €316,521 | -€45,929 | -12.7% |
| Fixed assets | 21/28 | €231,922 | €227,381 | -€4,541 | -2.0% |
| Tangible fixed assets | 22/27 | €231,772 | €227,231 | -€4,541 | -2.0% |
| Land and buildings | 22 | €230,115 | €227,163 | -€2,951 | -1.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100.0% |
| Furniture and vehicles | 24 | €1,657 | €68 | -€1,590 | -95.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €130,528 | €89,140 | -€41,388 | -31.7% |
| Amounts receivable within one year | 40/41 | €39,608 | €36,535 | -€3,073 | -7.8% |
| Trade receivables | 40 | €25,776 | €30,464 | +€4,688 | +18.2% |
| Other amounts receivable | 41 | €13,832 | €6,071 | -€7,761 | -56.1% |
| Cash at bank and in hand | 54/58 | €85,097 | €46,966 | -€38,132 | -44.8% |
| Deferred charges and accrued income | 490/1 | €5,823 | €5,639 | -€183 | -3.1% |
| Total equity and liabilities | 10/49 | €362,450 | €316,521 | -€45,929 | -12.7% |
| Equity | 10/15 | €107,594 | €59,042 | -€48,552 | -45.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €110,388 | €46,642 | -€63,745 | -57.7% |
| Distributable reserves | 133 | €110,388 | €46,642 | -€63,745 | -57.7% |
| Profit (loss) carried forward | 14 | -€15,194 | €0 | +€15,194 | |
| Amounts payable | 17/49 | €254,856 | €257,479 | +€2,623 | +1.0% |
| Amounts payable after more than one year | 17 | €201,083 | €193,405 | -€7,679 | -3.8% |
| Financial debts | 170/4 | €201,083 | €193,405 | -€7,679 | -3.8% |
| Amounts payable within one year | 42/48 | €53,773 | €64,074 | +€10,301 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €7,469 | €7,679 | +€209 | +2.8% |
| Financial debts | 43 | €30 | €3 | -€27 | -90.1% |
| Credit institutions | 430/8 | €30 | €3 | -€27 | -90.1% |
| Trade debts | 44 | €2,975 | €2,907 | -€68 | -2.3% |
| Suppliers | 440/4 | €2,975 | €2,907 | -€68 | -2.3% |
| Taxes, remuneration and social security | 45 | €170 | €2,838 | +€2,668 | +1569.6% |
| Taxes | 450/3 | €170 | €2,838 | +€2,668 | +1569.6% |
| Other amounts payable | 47/48 | €43,128 | €50,648 | +€7,519 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,688 | €8,648 | -€1,040 | -10.7% |
| Other operating charges | 640/8 | €2,078 | €1,946 | -€132 | -6.3% |
| Gross operating margin | 9900 | €11,385 | €51,221 | +€39,836 | +349.9% |
| Operating profit (loss) | 9901 | -€380 | €40,627 | +€41,008 | |
| Financial charges | 65/66B | €6,040 | €5,830 | -€211 | -3.5% |
| Recurring financial charges | 65 | €6,040 | €5,830 | -€211 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,421 | €34,797 | +€41,218 | |
| Income taxes | 67/77 | €170 | €7,214 | +€7,044 | +4143.3% |
| Profit (loss) for the period | 9904 | -€6,591 | €27,584 | +€34,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,591 | €27,584 | +€34,174 |
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 10 October 2026 via checked.be.