PETER DE NIJS: 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.
PETER DE NIJS
Largest movements
- Receivables within one year -€12,404
down €12,404 (-37.7%), from €32,864 to €20,460
of which Trade receivables: -€12,683
- Cash -€5,976
down €5,976 (-9.1%), from €65,501 to €59,525
mainly Contributions, distributions and other (-€54,352) and Other debts (-€45,976)
- Tangible fixed assets -€4,953
down €4,953 (-23.8%), from €20,776 to €15,823
of which Land and buildings: -€2,764
- Deferred charges and accrued income +€1,268
up €1,268 (+32.5%), from €3,895 to €5,162
- Other debts -€45,976
down €45,976 (-91.7%), from €50,136 to €4,160
- Reserves +€23,036
up €23,036 (+42.4%), from €54,352 to €77,388
- Tax, wage and social debts -€3,243
down €3,243 (-18.7%), from €17,314 to €14,071
of which Taxes: -€2,887
- Accrued charges and deferred income +€2,185
new in 2025: €2,185
- Short-term financial debts +€1,796
up €1,796 (+8,564%), from €21 to €1,817
- Gross operating margin +€27,063
up €27,063 (+33.7%), from €80,285 to €107,348
- Taxes +€5,922
up €5,922 (+38.7%), from €15,299 to €21,221
- Depreciation -€4,252
down €4,252 (-46.2%), from €9,205 to €4,953
- Financial charges +€2,174
up €2,174 (+938%), from €232 to €2,406
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 | €123,035 | €100,970 | -€22,066 | -17.9% |
| Fixed assets | 21/28 | €20,776 | €15,823 | -€4,953 | -23.8% |
| Tangible fixed assets | 22/27 | €20,776 | €15,823 | -€4,953 | -23.8% |
| Land and buildings | 22 | €17,127 | €14,364 | -€2,764 | -16.1% |
| Plant, machinery and equipment | 23 | €2,418 | €1,146 | -€1,273 | -52.6% |
| Furniture and vehicles | 24 | €1,230 | €314 | -€916 | -74.5% |
| Current assets | 29/58 | €102,260 | €85,147 | -€17,113 | -16.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €32,864 | €20,460 | -€12,404 | -37.7% |
| Trade receivables | 40 | €32,864 | €20,181 | -€12,683 | -38.6% |
| Other amounts receivable | 41 | €0 | €279 | +€279 | |
| Cash at bank and in hand | 54/58 | €65,501 | €59,525 | -€5,976 | -9.1% |
| Deferred charges and accrued income | 490/1 | €3,895 | €5,162 | +€1,268 | +32.5% |
| Total equity and liabilities | 10/49 | €123,035 | €100,970 | -€22,066 | -17.9% |
| Equity | 10/15 | €54,353 | €77,389 | +€23,036 | +42.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €54,352 | €77,388 | +€23,036 | +42.4% |
| Distributable reserves | 133 | €54,352 | €77,388 | +€23,036 | +42.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,682 | €23,580 | -€45,102 | -65.7% |
| Amounts payable within one year | 42/48 | €68,682 | €21,395 | -€47,287 | -68.8% |
| Financial debts | 43 | €21 | €1,817 | +€1,796 | +8,564% |
| Credit institutions | 430/8 | €21 | €1,817 | +€1,796 | +8,564% |
| Trade debts | 44 | €1,211 | €1,347 | +€135 | +11.2% |
| Suppliers | 440/4 | €1,211 | €1,347 | +€135 | +11.2% |
| Taxes, remuneration and social security | 45 | €17,314 | €14,071 | -€3,243 | -18.7% |
| Taxes | 450/3 | €14,914 | €12,027 | -€2,887 | -19.4% |
| Remuneration and social security | 454/9 | €2,400 | €2,044 | -€356 | -14.8% |
| Other amounts payable | 47/48 | €50,136 | €4,160 | -€45,976 | -91.7% |
| Accrued charges and deferred income | 492/3 | - | €2,185 | +€2,185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,205 | €4,953 | -€4,252 | -46.2% |
| Other operating charges | 640/8 | €1,197 | €1,380 | +€182 | +15.2% |
| Gross operating margin | 9900 | €80,285 | €107,348 | +€27,063 | +33.7% |
| Operating profit (loss) | 9901 | €69,883 | €101,016 | +€31,132 | +44.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €232 | €2,406 | +€2,174 | +938% |
| Recurring financial charges | 65 | €232 | €2,406 | +€2,174 | +938% |
| Profit (loss) for the period before taxes | 9903 | €69,652 | €98,610 | +€28,958 | +41.6% |
| Income taxes | 67/77 | €15,299 | €21,221 | +€5,922 | +38.7% |
| Profit (loss) for the period | 9904 | €54,352 | €77,388 | +€23,036 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,352 | €77,388 | +€23,036 | +42.4% |
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 20 October 2026 via checked.be.