PEETERS-VERSTAPPEN: 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-VERSTAPPEN
Largest movements
- Current assets +€21,151
up €21,151 (+23.0%), from €92,127 to €113,278
of which Deferred charges and accrued income: +€25,665
- Tangible fixed assets -€7,838
down €7,838 (-17.0%), from €46,210 to €38,372
- Debts within one year +€14,605
up €14,605 (+10.9%), from €134,120 to €148,725
of which Tax, wage and social debts: +€45,589
- Debts after one year -€7,939
down €7,939 (-16.5%), from €48,111 to €40,172
- Equity +€6,646
up €6,646 (+15.1%), from -€43,894 to -€37,247
of which Contributions: +€18,600
- Gross operating margin -€28,348
down €28,348 (-48.3%), from €58,693 to €30,345
- Staff costs +€7,767
new in 2021: €7,767
- Financial charges +€3,551
new in 2021: €3,551
- Depreciation -€1,099
down €1,099 (-8.7%), from €12,583 to €11,484
- Other operating charges +€623
new in 2021: €623
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,337 | €151,650 | +€13,313 | +9.6% |
| Fixed assets | 21/28 | €46,210 | €38,372 | -€7,838 | -17.0% |
| Tangible fixed assets | 22/27 | €46,210 | €38,372 | -€7,838 | -17.0% |
| Land and buildings | 22 | - | €6,295 | +€6,295 | |
| Plant, machinery and equipment | 23 | - | €21,484 | +€21,484 | |
| Furniture and vehicles | 24 | - | €10,593 | +€10,593 | |
| Current assets | 29/58 | €92,127 | €113,278 | +€21,151 | +23.0% |
| Stocks and contracts in progress | 3 | €35,479 | €35,479 | = | 0.0% |
| Stocks | 30/36 | - | €35,479 | +€35,479 | |
| Amounts receivable within one year | 40/41 | €24,792 | €31,428 | +€6,636 | +26.8% |
| Trade receivables | 40 | - | €29,126 | +€29,126 | |
| Other amounts receivable | 41 | - | €2,302 | +€2,302 | |
| Cash at bank and in hand | 54/58 | €1,549 | €20,706 | +€19,157 | +1,237% |
| Deferred charges and accrued income | 490/1 | - | €25,665 | +€25,665 | |
| Total equity and liabilities | 10/49 | €138,337 | €151,650 | +€13,313 | +9.6% |
| Equity | 10/15 | -€43,894 | -€37,247 | +€6,646 | +15.1% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€62,494 | -€55,847 | +€6,646 | +10.6% |
| Amounts payable | 17/49 | €182,231 | €188,898 | +€6,666 | +3.7% |
| Amounts payable after more than one year | 17 | €48,111 | €40,172 | -€7,939 | -16.5% |
| Financial debts | 170/4 | - | €40,172 | +€40,172 | |
| Amounts payable within one year | 42/48 | €134,120 | €148,725 | +€14,605 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,939 | +€7,939 | |
| Trade debts | 44 | €19,198 | €46,167 | +€26,970 | +140% |
| Suppliers | 440/4 | - | €46,167 | +€46,167 | |
| Advances received on contracts in progress | 46 | - | €12,850 | +€12,850 | |
| Taxes, remuneration and social security | 45 | - | €45,589 | +€45,589 | |
| Taxes | 450/3 | - | €2,413 | +€2,413 | |
| Remuneration and social security | 454/9 | - | €43,176 | +€43,176 | |
| Other amounts payable | 47/48 | - | €36,181 | +€36,181 | |
| Remuneration, social security and pensions | 62 | - | €7,767 | +€7,767 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,583 | €11,484 | -€1,099 | -8.7% |
| Other operating charges | 640/8 | - | €623 | +€623 | |
| Gross operating margin | 9900 | €58,693 | €30,345 | -€28,348 | -48.3% |
| Operating profit (loss) | 9901 | €38,489 | €10,471 | -€28,018 | -72.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | +238% |
| Financial charges | 65/66B | - | €3,551 | +€3,551 | |
| Recurring financial charges | 65 | €4,994 | €3,551 | -€1,443 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €33,496 | €6,921 | -€26,575 | -79.3% |
| Income taxes | 67/77 | €256 | €275 | +€18 | +7.2% |
| Profit (loss) for the period | 9904 | €33,239 | €6,646 | -€26,593 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,239 | €6,646 | -€26,593 | -80.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.