PEETERS PRO-jects: 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 PRO-jects
Largest movements
- Receivables within one year +€26,577
up €26,577 (+215%), from €12,365 to €38,942
of which Trade receivables: +€34,873
- Trade debts +€23,739
up €23,739 (+143%), from €16,602 to €40,341
- Debts after one year -€10,594
down €10,594 (-5.6%), from €187,973 to €177,380
- Reserves +€9,938
up €9,938 (+51.3%), from €19,367 to €29,305
- Gross operating margin +€23,824
up €23,824 (+87.3%), from €27,302 to €51,125
- Depreciation +€5,156
up €5,156 (+21.6%), from €23,884 to €29,041
- Financial charges +€4,441
up €4,441 (+106%), from €4,184 to €8,625
of which Financial charges: +€4,442
- Taxes +€1,717
up €1,717 (+608%), from €282 to €1,999
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 | €318,891 | €343,719 | +€24,828 | +7.8% |
| Fixed assets | 21/28 | €284,915 | €285,690 | +€774 | +0.3% |
| Tangible fixed assets | 22/27 | €284,325 | €285,359 | +€1,034 | +0.4% |
| Land and buildings | 22 | €250,719 | €239,803 | -€10,916 | -4.4% |
| Plant, machinery and equipment | 23 | €17,359 | €25,197 | +€7,837 | +45.1% |
| Furniture and vehicles | 24 | €5,516 | €15,054 | +€9,538 | +173% |
| Leasing and similar rights | 25 | €10,730 | €5,306 | -€5,425 | -50.6% |
| Financial fixed assets | 28 | €590 | €330 | -€260 | -44.0% |
| Current assets | 29/58 | €33,976 | €58,029 | +€24,053 | +70.8% |
| Stocks and contracts in progress | 3 | €16,649 | €16,740 | +€91 | +0.5% |
| Stocks | 30/36 | €16,649 | €12,300 | -€4,349 | -26.1% |
| Contracts in progress | 37 | - | €4,440 | +€4,440 | |
| Amounts receivable within one year | 40/41 | €12,365 | €38,942 | +€26,577 | +215% |
| Trade receivables | 40 | €2,845 | €37,718 | +€34,873 | +1,226% |
| Other amounts receivable | 41 | €9,520 | €1,224 | -€8,296 | -87.1% |
| Cash at bank and in hand | 54/58 | €4,962 | €2,348 | -€2,615 | -52.7% |
| Total equity and liabilities | 10/49 | €318,891 | €343,719 | +€24,828 | +7.8% |
| Equity | 10/15 | €20,367 | €30,305 | +€9,938 | +48.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €19,367 | €29,305 | +€9,938 | +51.3% |
| Distributable reserves | 133 | €19,367 | €29,305 | +€9,938 | +51.3% |
| Amounts payable | 17/49 | €298,524 | €313,414 | +€14,890 | +5.0% |
| Amounts payable after more than one year | 17 | €187,973 | €177,380 | -€10,594 | -5.6% |
| Financial debts | 170/4 | €187,973 | €177,380 | -€10,594 | -5.6% |
| Amounts payable within one year | 42/48 | €110,551 | €136,035 | +€25,484 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €12,215 | €10,594 | -€1,621 | -13.3% |
| Trade debts | 44 | €16,602 | €40,341 | +€23,739 | +143% |
| Suppliers | 440/4 | €16,602 | €40,341 | +€23,739 | +143% |
| Taxes, remuneration and social security | 45 | €2,422 | €3,353 | +€931 | +38.5% |
| Taxes | 450/3 | €2,422 | €3,353 | +€931 | +38.5% |
| Other amounts payable | 47/48 | €79,312 | €81,747 | +€2,435 | +3.1% |
| Non-recurring operating income | 76A | €0 | €0 | +€0 | +63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,884 | €29,041 | +€5,156 | +21.6% |
| Other operating charges | 640/8 | €883 | €1,123 | +€240 | +27.2% |
| Non-recurring operating charges | 66A | - | €400 | +€400 | |
| Gross operating margin | 9900 | €27,302 | €51,125 | +€23,824 | +87.3% |
| Operating profit (loss) | 9901 | €2,535 | €20,562 | +€18,027 | +711% |
| Financial charges | 65/66B | €4,184 | €8,625 | +€4,441 | +106% |
| Recurring financial charges | 65 | €4,183 | €8,625 | +€4,442 | +106% |
| Non-recurring financial charges | 66B | €1 | €0 | -€1 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,650 | €11,936 | +€13,586 | |
| Income taxes | 67/77 | €282 | €1,999 | +€1,717 | +608% |
| Profit (loss) for the period | 9904 | -€1,932 | €9,938 | +€11,870 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,932 | €9,938 | +€11,870 |
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 19 October 2026 via checked.be.