PETER DECKERS: what changed
Two fiscal 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.
What changed
PETER DECKERS
NACE 43.341, Painting of buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€54,442
2024 · €10,638+€43,804
Equity
€1.4m
2024 · €1.3m+€54,442
Cash
€246,565
2024 · €40,466+€206,099
Balance sheet total
€2.1m
2024 · €2.1m-€43,611
Largest movements
Assets
- Receivables within one year -€279,202
down €279,202 (-32.4%), from €862,955 to €583,753
of which Trade receivables: -€254,159
- Cash +€206,099
up €206,099 (+509.3%), from €40,466 to €246,565
mainly Receivables within one year (+€279,202) and Net result for the year (+€54,442)
- Stocks and contracts +€45,000
up €45,000 (+18.4%), from €245,000 to €290,000
Equity and liabilities
- Reserves +€54,442
up €54,442 (+4.4%), from €1.2m to €1.3m
of which Distributable reserves: +€71,532
- Other debts -€34,388
no longer reported in 2025 (was €34,388)
- Debts after one year -€29,390
down €29,390 (-19.0%), from €154,904 to €125,514
- Trade debts -€23,834
down €23,834 (-10.8%), from €219,786 to €195,951
Income statement
- Gross operating margin +€22,627
up €22,627 (+1.7%), from €1.3m to €1.3m
- Staff costs -€20,889
down €20,889 (-1.7%), from €1.2m to €1.2m
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.
Result 2024
€10,638
Gross operating margin
+€22,627
Staff costs
+€20,889
Depreciation
-€27
Other operating charges
+€2,019
Other operating items
+€152
Financial income
-€66
Financial charges
+€5,984
Taxes
-€7,774
Result 2025
€54,442
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.
From operations
+€238,925
Investment
-€35
Financing
-€32,792
Cash 2024
€40,466
From operations (derived)
+€238,925
Net result for the year
+€54,442
Depreciation
+€12,807
Stocks and contracts
-€45,000
Receivables within one year
+€279,202
Deferred charges and accrued income
+€2,735
Provisions
-€8,800
Trade debts
-€23,834
Tax, wage and social debts
-€11,249
Other debts
-€34,388
Accrued charges and deferred income
+€13,010
Investment (derived)
-€35
Investment in fixed assets (net)
-€35
Financing
-€32,792
Debts after one year
-€29,390
Current portion of long-term debt
-€3,402
Cash 2025
€246,565
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,103,093 | €2,059,482 | -€43,611 | -2.1% |
| Fixed assets | 21/28 | €51,937 | €39,164 | -€12,772 | -24.6% |
| Tangible fixed assets | 22/27 | €34,392 | €24,143 | -€10,248 | -29.8% |
| Plant, machinery and equipment | 23 | €2,611 | €3,963 | +€1,352 | +51.8% |
| Furniture and vehicles | 24 | €31,781 | €20,181 | -€11,600 | -36.5% |
| Financial fixed assets | 28 | €17,545 | €15,021 | -€2,524 | -14.4% |
| Current assets | 29/58 | €2,051,156 | €2,020,318 | -€30,838 | -1.5% |
| Amounts receivable after more than one year | 29 | €900,000 | €900,000 | = | 0.0% |
| Other amounts receivable | 291 | €900,000 | €900,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €245,000 | €290,000 | +€45,000 | +18.4% |
| Stocks | 30/36 | €245,000 | €290,000 | +€45,000 | +18.4% |
| Amounts receivable within one year | 40/41 | €862,955 | €583,753 | -€279,202 | -32.4% |
| Trade receivables | 40 | €728,960 | €474,800 | -€254,159 | -34.9% |
| Other amounts receivable | 41 | €133,995 | €108,953 | -€25,042 | -18.7% |
| Cash at bank and in hand | 54/58 | €40,466 | €246,565 | +€206,099 | +509.3% |
| Deferred charges and accrued income | 490/1 | €2,735 | - | -€2,735 | |
| Total equity and liabilities | 10/49 | €2,103,093 | €2,059,482 | -€43,611 | -2.1% |
| Equity | 10/15 | €1,297,722 | €1,352,164 | +€54,442 | +4.2% |
| Contributions | 10/11 | €51,029 | €51,029 | = | 0.0% |
| Reserves | 13 | €1,246,693 | €1,301,135 | +€54,442 | +4.4% |
| Non-distributable reserves | 130/1 | €5,103 | €5,103 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,103 | €5,103 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,142 | €22,052 | -€17,090 | -43.7% |
| Distributable reserves | 133 | €1,202,449 | €1,273,981 | +€71,532 | +5.9% |
| Provisions and deferred taxes | 16 | €20,151 | €11,351 | -€8,800 | -43.7% |
| Deferred taxes | 168 | €20,151 | €11,351 | -€8,800 | -43.7% |
| Amounts payable | 17/49 | €785,220 | €695,967 | -€89,253 | -11.4% |
| Amounts payable after more than one year | 17 | €154,904 | €125,514 | -€29,390 | -19.0% |
| Financial debts | 170/4 | €154,904 | €125,514 | -€29,390 | -19.0% |
| Amounts payable within one year | 42/48 | €630,316 | €557,443 | -€72,873 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €32,792 | €29,390 | -€3,402 | -10.4% |
| Financial debts | 43 | €270,000 | €270,000 | = | 0.0% |
| Credit institutions | 430/8 | €270,000 | €270,000 | = | 0.0% |
| Trade debts | 44 | €219,786 | €195,951 | -€23,834 | -10.8% |
| Suppliers | 440/4 | €219,786 | €195,951 | -€23,834 | -10.8% |
| Taxes, remuneration and social security | 45 | €73,351 | €62,102 | -€11,249 | -15.3% |
| Taxes | 450/3 | €5,969 | €13,887 | +€7,917 | +132.6% |
| Remuneration and social security | 454/9 | €67,381 | €48,215 | -€19,166 | -28.4% |
| Other amounts payable | 47/48 | €34,388 | - | -€34,388 | |
| Accrued charges and deferred income | 492/3 | - | €13,010 | +€13,010 | |
| Remuneration, social security and pensions | 62 | €1,216,821 | €1,195,931 | -€20,889 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,780 | €12,807 | +€27 | +0.2% |
| Other operating charges | 640/8 | €3,451 | €1,432 | -€2,019 | -58.5% |
| Non-recurring operating charges | 66A | €492 | €340 | -€152 | -31.0% |
| Gross operating margin | 9900 | €1,293,506 | €1,316,133 | +€22,627 | +1.7% |
| Operating profit (loss) | 9901 | €59,962 | €105,623 | +€45,661 | +76.2% |
| Financial income | 75/76B | €66 | - | -€66 | |
| Recurring financial income | 75 | €66 | - | -€66 | |
| Financial charges | 65/66B | €45,687 | €39,703 | -€5,984 | -13.1% |
| Recurring financial charges | 65 | €45,687 | €39,703 | -€5,984 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €14,341 | €65,920 | +€51,579 | +359.6% |
| Transfer from deferred taxes | 780 | €8,800 | €8,800 | = | 0.0% |
| Income taxes | 67/77 | €12,504 | €20,278 | +€7,774 | +62.2% |
| Profit (loss) for the period | 9904 | €10,638 | €54,442 | +€43,804 | +411.8% |
| Transfer from tax-exempt reserves | 789 | €17,090 | €17,090 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,728 | €71,532 | +€43,804 | +158.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.