PEETERS-SNOEYS: 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-SNOEYS
Largest movements
- Cash -€70,215
down €70,215 (-99.9%), from €70,310 to €94
mainly Investment in fixed assets (net) (-€52,735) and Other debts (-€18,694)
- Tangible fixed assets +€38,230
up €38,230 (+1.9%), from €2.1m to €2.1m
of which Land and buildings: +€45,802
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€16,778
up €16,778, from -€2,756 to €14,022
- Purchases and services -€11,751
down €11,751 (-7.5%), from €157,256 to €145,505
- Turnover +€5,009
up €5,009 (+3.2%), from €154,500 to €159,508
- Financial charges +€4,510
up €4,510 (+233%), from €1,932 to €6,441
- Other operating charges +€3,696
up €3,696 (+325%), from €1,136 to €4,832
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 | €2,163,063 | €2,137,315 | -€25,749 | -1.2% |
| Formation expenses | 20 | €1,351 | €1,351 | = | 0.0% |
| Fixed assets | 21/28 | €2,054,609 | €2,092,839 | +€38,230 | +1.9% |
| Tangible fixed assets | 22/27 | €2,054,609 | €2,092,839 | +€38,230 | +1.9% |
| Land and buildings | 22 | €2,024,994 | €2,070,796 | +€45,802 | +2.3% |
| Plant, machinery and equipment | 23 | €24,034 | €17,578 | -€6,456 | -26.9% |
| Furniture and vehicles | 24 | €5,581 | €4,464 | -€1,116 | -20.0% |
| Current assets | 29/58 | €107,104 | €43,125 | -€63,979 | -59.7% |
| Stocks and contracts in progress | 3 | €19,600 | €19,600 | = | 0.0% |
| Stocks | 30/36 | €19,600 | €19,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,138 | €23,431 | +€6,293 | +36.7% |
| Trade receivables | 40 | €7,094 | €12,494 | +€5,400 | +76.1% |
| Other amounts receivable | 41 | €10,044 | €10,937 | +€893 | +8.9% |
| Cash at bank and in hand | 54/58 | €70,310 | €94 | -€70,215 | -99.9% |
| Deferred charges and accrued income | 490/1 | €56 | €0 | -€56 | -100% |
| Total equity and liabilities | 10/49 | €2,163,063 | €2,137,315 | -€25,749 | -1.2% |
| Equity | 10/15 | -€96,214 | -€107,971 | -€11,757 | -12.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,314 | -€108,071 | -€11,757 | -12.2% |
| Amounts payable | 17/49 | €2,259,278 | €2,245,286 | -€13,992 | -0.6% |
| Amounts payable after more than one year | 17 | €717,080 | €724,422 | +€7,341 | +1.0% |
| Financial debts | 170/4 | €460,906 | €416,466 | -€44,440 | -9.6% |
| Other amounts payable | 178/9 | €256,175 | €307,956 | +€51,781 | +20.2% |
| Amounts payable within one year | 42/48 | €1,542,197 | €1,520,864 | -€21,333 | -1.4% |
| Financial debts | 43 | €1,335,000 | €1,335,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,335,000 | €1,335,000 | = | 0.0% |
| Trade debts | 44 | €6,657 | €2,311 | -€4,346 | -65.3% |
| Suppliers | 440/4 | €6,657 | €2,311 | -€4,346 | -65.3% |
| Taxes, remuneration and social security | 45 | - | €1,707 | +€1,707 | |
| Taxes | 450/3 | - | €1,707 | +€1,707 | |
| Other amounts payable | 47/48 | €200,540 | €181,847 | -€18,694 | -9.3% |
| Turnover | 70 | €154,500 | €159,508 | +€5,009 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €157,256 | €145,505 | -€11,751 | -7.5% |
| Remuneration, social security and pensions | 62 | €1,565 | - | -€1,565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,809 | €14,505 | -€304 | -2.1% |
| Other operating charges | 640/8 | €1,136 | €4,832 | +€3,696 | +325% |
| Gross operating margin | 9900 | -€2,756 | €14,022 | +€16,778 | |
| Operating profit (loss) | 9901 | -€20,267 | -€5,315 | +€14,951 | +73.8% |
| Financial charges | 65/66B | €1,932 | €6,441 | +€4,510 | +233% |
| Recurring financial charges | 65 | €1,932 | €6,441 | +€4,510 | +233% |
| Profit (loss) for the period before taxes | 9903 | -€22,198 | -€11,757 | +€10,442 | +47.0% |
| Profit (loss) for the period | 9904 | -€22,198 | -€11,757 | +€10,442 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,198 | -€11,757 | +€10,442 | +47.0% |
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 27 October 2026 via checked.be.