PEETERS-WAUTIER: what changed
PEETERS-WAUTIER
Largest movements
- Cash -€24,039
down €24,039 (-97.6%), from €24,639 to €600
mainly Current investments (-€24,000) and Receivables within one year (-€15,811)
- Current investments +€24,000
new in 2025: €24,000
- Receivables within one year +€15,811
up €15,811 (+457%), from €3,458 to €19,269
of which Trade receivables: +€13,679
- Stocks and contracts -€13,639
down €13,639 (-42.4%), from €32,145 to €18,506
- Tangible fixed assets -€2,169
down €2,169 (-61.3%), from €3,541 to €1,372
of which Furniture and vehicles: -€1,495
- Other debts +€17,110
up €17,110 (+37.6%), from €45,472 to €62,582
- Profit (loss) carried forward -€7,770
down €7,770 (-29.7%), from €26,131 to €18,361
- Tax, wage and social debts -€6,634
down €6,634 (-99.9%), from €6,643 to €9
- Trade debts -€2,603
down €2,603 (-66.8%), from €3,898 to €1,295
- Turnover -€72,282
down €72,282 (-42.1%), from €171,702 to €99,420
- Purchases and services -€37,551
down €37,551 (-32.7%), from €114,930 to €77,379
- Gross operating margin -€34,731
down €34,731 (-61.2%), from €56,772 to €22,041
- Staff costs -€15,013
down €15,013 (-37.3%), from €40,197 to €25,184
- Depreciation -€4,702
down €4,702 (-68.4%), from €6,871 to €2,169
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,651 | €107,748 | +€97 | +0.1% |
| Fixed assets | 21/28 | €45,611 | €43,442 | -€2,169 | -4.8% |
| Tangible fixed assets | 22/27 | €3,541 | €1,372 | -€2,169 | -61.3% |
| Land and buildings | 22 | €1,542 | €868 | -€674 | -43.7% |
| Furniture and vehicles | 24 | €1,999 | €504 | -€1,495 | -74.8% |
| Financial fixed assets | 28 | €42,070 | €42,070 | = | 0.0% |
| Current assets | 29/58 | €62,040 | €64,306 | +€2,266 | +3.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €32,145 | €18,506 | -€13,639 | -42.4% |
| Stocks | 30/36 | €32,145 | €18,506 | -€13,639 | -42.4% |
| Amounts receivable within one year | 40/41 | €3,458 | €19,269 | +€15,811 | +457% |
| Trade receivables | 40 | €3,404 | €17,083 | +€13,679 | +402% |
| Other amounts receivable | 41 | €54 | €2,186 | +€2,132 | +3,948% |
| Current investments | 50/53 | - | €24,000 | +€24,000 | |
| Cash at bank and in hand | 54/58 | €24,639 | €600 | -€24,039 | -97.6% |
| Deferred charges and accrued income | 490/1 | €1,798 | €1,931 | +€133 | +7.4% |
| Total equity and liabilities | 10/49 | €107,651 | €107,748 | +€97 | +0.1% |
| Equity | 10/15 | €51,131 | €43,361 | -€7,770 | -15.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,131 | €18,361 | -€7,770 | -29.7% |
| Amounts payable | 17/49 | €56,520 | €64,387 | +€7,867 | +13.9% |
| Amounts payable within one year | 42/48 | €56,013 | €63,886 | +€7,873 | +14.1% |
| Trade debts | 44 | €3,898 | €1,295 | -€2,603 | -66.8% |
| Suppliers | 440/4 | €3,898 | €1,295 | -€2,603 | -66.8% |
| Taxes, remuneration and social security | 45 | €6,643 | €9 | -€6,634 | -99.9% |
| Taxes | 450/3 | €6,643 | €9 | -€6,634 | -99.9% |
| Other amounts payable | 47/48 | €45,472 | €62,582 | +€17,110 | +37.6% |
| Accrued charges and deferred income | 492/3 | €507 | €501 | -€6 | -1.2% |
| Turnover | 70 | €171,702 | €99,420 | -€72,282 | -42.1% |
| Non-recurring operating income | 76A | - | €1,800 | +€1,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €114,930 | €77,379 | -€37,551 | -32.7% |
| Remuneration, social security and pensions | 62 | €40,197 | €25,184 | -€15,013 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,871 | €2,169 | -€4,702 | -68.4% |
| Other operating charges | 640/8 | €1,188 | €1,309 | +€121 | +10.2% |
| Gross operating margin | 9900 | €56,772 | €22,041 | -€34,731 | -61.2% |
| Operating profit (loss) | 9901 | €8,516 | -€6,621 | -€15,137 | |
| Financial income | 75/76B | - | €112 | +€112 | |
| Recurring financial income | 75 | - | €112 | +€112 | |
| Non-recurring financial income | 76B | - | €112 | +€112 | |
| Financial charges | 65/66B | €81 | €132 | +€51 | +63.0% |
| Recurring financial charges | 65 | €81 | €132 | +€51 | +63.0% |
| Profit (loss) for the period before taxes | 9903 | €8,435 | -€6,641 | -€15,076 | |
| Income taxes | 67/77 | €2,811 | €1,129 | -€1,682 | -59.8% |
| Profit (loss) for the period | 9904 | €5,624 | -€7,770 | -€13,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,624 | -€7,770 | -€13,394 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.