Peeters R.: 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 R.
Largest movements
- Cash +€211,119
up €211,119 (+912%), from €23,147 to €234,266
mainly Net result for the year (+€197,384) and Tax, wage and social debts (+€60,712)
- Deferred charges and accrued income +€45,331
up €45,331 (+461%), from €9,843 to €55,174
- Reserves +€196,551
up €196,551 (+845%), from €23,265 to €219,816
- Tax, wage and social debts +€60,712
up €60,712 (+922%), from €6,584 to €67,296
- Gross operating margin +€225,764
up €225,764 (+684%), from €33,015 to €258,779
- Taxes +€54,393
up €54,393 (+860%), from €6,326 to €60,720
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 | €34,353 | €290,320 | +€255,968 | +745% |
| Fixed assets | 21/28 | €1,363 | €881 | -€483 | -35.4% |
| Tangible fixed assets | 22/27 | €1,363 | €881 | -€483 | -35.4% |
| Plant, machinery and equipment | 23 | €1,363 | €881 | -€483 | -35.4% |
| Current assets | 29/58 | €32,990 | €289,440 | +€256,450 | +777% |
| Cash at bank and in hand | 54/58 | €23,147 | €234,266 | +€211,119 | +912% |
| Deferred charges and accrued income | 490/1 | €9,843 | €55,174 | +€45,331 | +461% |
| Total equity and liabilities | 10/49 | €34,353 | €290,320 | +€255,968 | +745% |
| Equity | 10/15 | €26,265 | €222,816 | +€196,551 | +748% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,265 | €219,816 | +€196,551 | +845% |
| Distributable reserves | 133 | €23,265 | €219,816 | +€196,551 | +845% |
| Amounts payable | 17/49 | €8,088 | €67,505 | +€59,417 | +735% |
| Amounts payable within one year | 42/48 | €8,088 | €67,505 | +€59,417 | +735% |
| Trade debts | 44 | €375 | €43 | -€332 | -88.5% |
| Suppliers | 440/4 | €375 | €43 | -€332 | -88.5% |
| Taxes, remuneration and social security | 45 | €6,584 | €67,296 | +€60,712 | +922% |
| Taxes | 450/3 | €6,584 | €67,296 | +€60,712 | +922% |
| Other amounts payable | 47/48 | €1,128 | €165 | -€963 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,553 | €483 | -€2,070 | -81.1% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €33,015 | €258,779 | +€225,764 | +684% |
| Operating profit (loss) | 9901 | €30,462 | €258,176 | +€227,714 | +748% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €11 | €73 | +€62 | +550% |
| Recurring financial charges | 65 | €11 | €73 | +€62 | +550% |
| Profit (loss) for the period before taxes | 9903 | €30,451 | €258,103 | +€227,653 | +748% |
| Income taxes | 67/77 | €6,326 | €60,720 | +€54,393 | +860% |
| Profit (loss) for the period | 9904 | €24,124 | €197,384 | +€173,259 | +718% |
| Profit (loss) for the period to be appropriated | 9905 | €24,124 | €197,384 | +€173,259 | +718% |
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 14 October 2026 via checked.be.