Peninsula: 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.
Peninsula
Largest movements
- Cash -€74,254
down €74,254 (-21.5%), from €346,085 to €271,830
mainly Other debts (-€51,030) and Stocks and contracts (-€22,691)
- Stocks and contracts +€22,691
new in 2025: €22,691
- Other debts -€51,030
down €51,030 (-50.0%), from €101,994 to €50,963
- Reserves +€5,562
up €5,562 (+3.9%), from €144,223 to €149,785
- Trade debts +€4,335
up €4,335 (+868.9%), from €499 to €4,834
- Gross operating margin -€48,945
down €48,945 (-80.5%), from €60,783 to €11,838
- Financial charges -€7,241
down €7,241 (-70.2%), from €10,318 to €3,077
- Financial income +€4,799
up €4,799 (+524.8%), from €915 to €5,714
- Other operating charges -€4,593
down €4,593 (-73.7%), from €6,232 to €1,639
- Depreciation +€612
up €612 (+52.4%), from €1,169 to €1,780
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 | €358,831 | €318,505 | -€40,326 | -11.2% |
| Fixed assets | 21/28 | €4,437 | €9,704 | +€5,267 | +118.7% |
| Intangible fixed assets | 21 | €1,364 | €4,631 | +€3,267 | +239.6% |
| Tangible fixed assets | 22/27 | €3,073 | €4,373 | +€1,300 | +42.3% |
| Furniture and vehicles | 24 | €3,073 | €4,373 | +€1,300 | +42.3% |
| Financial fixed assets | 28 | - | €700 | +€700 | |
| Current assets | 29/58 | €354,394 | €308,801 | -€45,593 | -12.9% |
| Stocks and contracts in progress | 3 | - | €22,691 | +€22,691 | |
| Stocks | 30/36 | - | €22,691 | +€22,691 | |
| Amounts receivable within one year | 40/41 | €8,140 | €11,179 | +€3,038 | +37.3% |
| Trade receivables | 40 | €8,140 | €9,958 | +€1,818 | +22.3% |
| Other amounts receivable | 41 | - | €1,220 | +€1,220 | |
| Cash at bank and in hand | 54/58 | €346,085 | €271,830 | -€74,254 | -21.5% |
| Deferred charges and accrued income | 490/1 | €169 | €3,101 | +€2,931 | +1729.7% |
| Total equity and liabilities | 10/49 | €358,831 | €318,505 | -€40,326 | -11.2% |
| Equity | 10/15 | €156,623 | €162,185 | +€5,562 | +3.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €144,223 | €149,785 | +€5,562 | +3.9% |
| Distributable reserves | 133 | €144,223 | €149,785 | +€5,562 | +3.9% |
| Amounts payable | 17/49 | €202,208 | €156,320 | -€45,887 | -22.7% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €139,328 | €90,560 | -€48,767 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €15,657 | €12,910 | -€2,747 | -17.5% |
| Trade debts | 44 | €499 | €4,834 | +€4,335 | +868.9% |
| Suppliers | 440/4 | €499 | €4,834 | +€4,335 | +868.9% |
| Taxes, remuneration and social security | 45 | €21,178 | €21,853 | +€674 | +3.2% |
| Taxes | 450/3 | €6,290 | €4,810 | -€1,480 | -23.5% |
| Remuneration and social security | 454/9 | €14,889 | €17,043 | +€2,154 | +14.5% |
| Other amounts payable | 47/48 | €101,994 | €50,963 | -€51,030 | -50.0% |
| Accrued charges and deferred income | 492/3 | €2,880 | €5,760 | +€2,880 | +100.0% |
| Non-recurring operating income | 76A | €67,958 | - | -€67,958 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,169 | €1,780 | +€612 | +52.4% |
| Other operating charges | 640/8 | €6,232 | €1,639 | -€4,593 | -73.7% |
| Gross operating margin | 9900 | €60,783 | €11,838 | -€48,945 | -80.5% |
| Operating profit (loss) | 9901 | €53,383 | €8,419 | -€44,964 | -84.2% |
| Financial income | 75/76B | €915 | €5,714 | +€4,799 | +524.8% |
| Recurring financial income | 75 | €915 | €5,714 | +€4,799 | +524.8% |
| Financial charges | 65/66B | €10,318 | €3,077 | -€7,241 | -70.2% |
| Recurring financial charges | 65 | €10,318 | €3,077 | -€7,241 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | €43,979 | €11,056 | -€32,924 | -74.9% |
| Income taxes | 67/77 | €5,197 | €5,494 | +€297 | +5.7% |
| Profit (loss) for the period | 9904 | €38,782 | €5,562 | -€33,221 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,782 | €5,562 | -€33,221 | -85.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.