PEETERS PROPERTIES: what changed
Two fiscal 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 PROPERTIES
Largest movements
- Tangible fixed assets +€840,725
up €840,725 (+27.0%), from €3.1m to €4.0m
of which Land and buildings: +€873,583
- Cash +€130,762
up €130,762 (+715.5%), from €18,276 to €149,038
mainly Net result for the year (+€629,133) and Debts after one year (+€553,146)
- Debts after one year +€553,146
up €553,146 (+58.8%), from €940,440 to €1.5m
of which Financial debts: +€545,146
- Other debts +€456,144
up €456,144 (+46.0%), from €991,798 to €1.4m
- Accrued charges and deferred income -€107,923
down €107,923 (-54.6%), from €197,778 to €89,854
- Current portion of long-term debt +€66,467
up €66,467 (+79.3%), from €83,800 to €150,266
- Gross operating margin +€67,193
up €67,193 (+5.9%), from €1.1m to €1.2m
- Financial charges +€33,914
up €33,914 (+140.0%), from €24,232 to €58,146
- Depreciation +€26,962
up €26,962 (+37.8%), from €71,285 to €98,247
- Other operating charges +€19,287
up €19,287 (+10.7%), from €180,647 to €199,934
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 | €3,144,504 | €4,144,220 | +€999,715 | +31.8% |
| Fixed assets | 21/28 | €3,115,868 | €3,956,593 | +€840,725 | +27.0% |
| Tangible fixed assets | 22/27 | €3,115,868 | €3,956,593 | +€840,725 | +27.0% |
| Land and buildings | 22 | €3,076,940 | €3,950,523 | +€873,583 | +28.4% |
| Furniture and vehicles | 24 | €38,927 | €6,070 | -€32,858 | -84.4% |
| Current assets | 29/58 | €28,637 | €187,627 | +€158,990 | +555.2% |
| Amounts receivable within one year | 40/41 | €684 | €26,648 | +€25,963 | +3794.0% |
| Trade receivables | 40 | - | €25,963 | +€25,963 | |
| Other amounts receivable | 41 | €684 | €684 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,276 | €149,038 | +€130,762 | +715.5% |
| Deferred charges and accrued income | 490/1 | €9,677 | €11,941 | +€2,264 | +23.4% |
| Total equity and liabilities | 10/49 | €3,144,504 | €4,144,220 | +€999,715 | +31.8% |
| Equity | 10/15 | €881,252 | €880,709 | -€543 | -0.1% |
| Contributions | 10/11 | €800,355 | €800,355 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Outside capital | 11 | €355 | €355 | = | 0.0% |
| Share premium | 1100/10 | €355 | €355 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €898 | €354 | -€543 | -60.5% |
| Amounts payable | 17/49 | €2,263,252 | €3,263,511 | +€1.0m | +44.2% |
| Amounts payable after more than one year | 17 | €940,440 | €1,493,586 | +€553,146 | +58.8% |
| Financial debts | 170/4 | €940,440 | €1,485,586 | +€545,146 | +58.0% |
| Other amounts payable | 178/9 | - | €8,000 | +€8,000 | |
| Amounts payable within one year | 42/48 | €1,125,034 | €1,680,070 | +€555,036 | +49.3% |
| Current portion of amounts payable after more than one year | 42 | €83,800 | €150,266 | +€66,467 | +79.3% |
| Trade debts | 44 | €23,790 | €28,661 | +€4,871 | +20.5% |
| Suppliers | 440/4 | €23,790 | €28,661 | +€4,871 | +20.5% |
| Taxes, remuneration and social security | 45 | €25,646 | €53,200 | +€27,554 | +107.4% |
| Taxes | 450/3 | €25,646 | €52,050 | +€26,404 | +103.0% |
| Remuneration and social security | 454/9 | - | €1,150 | +€1,150 | |
| Other amounts payable | 47/48 | €991,798 | €1,447,942 | +€456,144 | +46.0% |
| Accrued charges and deferred income | 492/3 | €197,778 | €89,854 | -€107,923 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,285 | €98,247 | +€26,962 | +37.8% |
| Other operating charges | 640/8 | €180,647 | €199,934 | +€19,287 | +10.7% |
| Gross operating margin | 9900 | €1,133,736 | €1,200,928 | +€67,193 | +5.9% |
| Operating profit (loss) | 9901 | €881,804 | €902,748 | +€20,944 | +2.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.9% |
| Financial charges | 65/66B | €24,232 | €58,146 | +€33,914 | +140.0% |
| Recurring financial charges | 65 | €24,232 | €58,146 | +€33,914 | +140.0% |
| Profit (loss) for the period before taxes | 9903 | €857,573 | €844,602 | -€12,970 | -1.5% |
| Income taxes | 67/77 | €219,316 | €215,469 | -€3,847 | -1.8% |
| Profit (loss) for the period | 9904 | €638,257 | €629,133 | -€9,124 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €638,257 | €629,133 | -€9,124 | -1.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.