PETER CREEMERS: what changed
PETER CREEMERS
Largest movements
- Tangible fixed assets -€15,825
down €15,825 (-39.8%), from €39,732 to €23,906
of which Plant, machinery and equipment: -€8,458
- Cash -€11,140
down €11,140 (-53.1%), from €20,990 to €9,850
mainly Trade debts (-€22,802) and Current portion of long-term debt (-€8,119)
- Receivables within one year -€875
down €875 (-13.6%), from €6,415 to €5,539
of which Trade receivables: -€3,721
- Trade debts -€22,802
down €22,802 (-75.9%), from €30,025 to €7,223
- Profit (loss) carried forward +€9,586
up €9,586 (+51.9%), from -€18,484 to -€8,898
- Current portion of long-term debt -€8,119
down €8,119 (-74.8%), from €10,861 to €2,742
- Tax, wage and social debts -€3,249
down €3,249 (-59.2%), from €5,485 to €2,235
of which Remuneration and social security: -€3,000
- Debts after one year -€2,742
no longer reported in 2025 (was €2,742)
- Gross operating margin +€32,262
up €32,262, from -€3,462 to €28,800
- Financial income +€585
up €585 (+2,990%), from €20 to €604
- Financial charges +€306
up €306 (+62.8%), from €488 to €794
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 | €67,514 | €39,872 | -€27,642 | -40.9% |
| Fixed assets | 21/28 | €39,732 | €23,906 | -€15,825 | -39.8% |
| Tangible fixed assets | 22/27 | €39,732 | €23,906 | -€15,825 | -39.8% |
| Plant, machinery and equipment | 23 | €26,049 | €17,591 | -€8,458 | -32.5% |
| Furniture and vehicles | 24 | €6,765 | €6,315 | -€450 | -6.7% |
| Leasing and similar rights | 25 | €6,918 | - | -€6,918 | |
| Current assets | 29/58 | €27,782 | €15,966 | -€11,817 | -42.5% |
| Amounts receivable within one year | 40/41 | €6,415 | €5,539 | -€875 | -13.6% |
| Trade receivables | 40 | €6,127 | €2,406 | -€3,721 | -60.7% |
| Other amounts receivable | 41 | €288 | €3,133 | +€2,845 | +988% |
| Cash at bank and in hand | 54/58 | €20,990 | €9,850 | -€11,140 | -53.1% |
| Deferred charges and accrued income | 490/1 | €378 | €576 | +€198 | +52.4% |
| Total equity and liabilities | 10/49 | €67,514 | €39,872 | -€27,642 | -40.9% |
| Equity | 10/15 | €16,659 | €26,245 | +€9,586 | +57.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,943 | €28,943 | = | 0.0% |
| Distributable reserves | 133 | €28,943 | €28,943 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,484 | -€8,898 | +€9,586 | +51.9% |
| Amounts payable | 17/49 | €50,855 | €13,627 | -€37,229 | -73.2% |
| Amounts payable after more than one year | 17 | €2,742 | - | -€2,742 | |
| Financial debts | 170/4 | €2,742 | - | -€2,742 | |
| Amounts payable within one year | 42/48 | €47,733 | €13,452 | -€34,281 | -71.8% |
| Current portion of amounts payable after more than one year | 42 | €10,861 | €2,742 | -€8,119 | -74.8% |
| Trade debts | 44 | €30,025 | €7,223 | -€22,802 | -75.9% |
| Suppliers | 440/4 | €30,025 | €7,223 | -€22,802 | -75.9% |
| Taxes, remuneration and social security | 45 | €5,485 | €2,235 | -€3,249 | -59.2% |
| Taxes | 450/3 | €485 | €235 | -€249 | -51.4% |
| Remuneration and social security | 454/9 | €5,000 | €2,000 | -€3,000 | -60.0% |
| Other amounts payable | 47/48 | €1,361 | €1,251 | -€110 | -8.1% |
| Accrued charges and deferred income | 492/3 | €381 | €175 | -€206 | -54.1% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,696 | €17,453 | -€243 | -1.4% |
| Other operating charges | 640/8 | €1,407 | €1,335 | -€72 | -5.1% |
| Gross operating margin | 9900 | -€3,462 | €28,800 | +€32,262 | |
| Operating profit (loss) | 9901 | -€22,565 | €10,012 | +€32,577 | |
| Financial income | 75/76B | €20 | €604 | +€585 | +2,990% |
| Recurring financial income | 75 | €20 | €604 | +€585 | +2,990% |
| Financial charges | 65/66B | €488 | €794 | +€306 | +62.8% |
| Recurring financial charges | 65 | €488 | €794 | +€306 | +62.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,033 | €9,822 | +€32,855 | |
| Income taxes | 67/77 | €211 | €235 | +€25 | +11.8% |
| Profit (loss) for the period | 9904 | -€23,244 | €9,586 | +€32,830 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,244 | €9,586 | +€32,830 |
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 8 November 2026 via checked.be.