Peter Deckers Management: 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 Deckers Management
Largest movements
- Tangible fixed assets -€97,524
down €97,524 (-18.9%), from €515,562 to €418,038
of which Land and buildings: -€94,433
- Receivables within one year -€56,886
down €56,886 (-55.2%), from €103,040 to €46,154
of which Trade receivables: -€59,288
- Current investments +€32,985
new in 2025: €32,985
- Deferred charges and accrued income -€17,179
down €17,179 (-81.8%), from €21,000 to €3,821
- Debts after one year -€79,557
down €79,557 (-58.1%), from €137,024 to €57,467
- Other debts -€75,919
down €75,919 (-46.2%), from €164,435 to €88,516
- Accrued charges and deferred income -€52,500
down €52,500 (-100%), from €52,500 to €0
- Reserves +€41,652
up €41,652 (+18.5%), from €225,168 to €266,820
of which Distributable reserves: +€41,652
- Tax, wage and social debts +€28,590
up €28,590 (+445%), from €6,422 to €35,012
of which Taxes: +€25,351
- Financial charges +€8,961
up €8,961 (+17.3%), from €51,875 to €60,835
- Depreciation -€4,982
down €4,982 (-17.6%), from €28,344 to €23,362
- Staff costs +€3,735
up €3,735 (+9.5%), from €39,270 to €43,005
- Taxes -€3,496
down €3,496 (-21.1%), from €16,551 to €13,055
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 | €655,580 | €520,321 | -€135,259 | -20.6% |
| Fixed assets | 21/28 | €515,562 | €418,038 | -€97,524 | -18.9% |
| Tangible fixed assets | 22/27 | €515,562 | €418,038 | -€97,524 | -18.9% |
| Land and buildings | 22 | €402,770 | €308,337 | -€94,433 | -23.4% |
| Plant, machinery and equipment | 23 | €109,209 | €107,506 | -€1,702 | -1.6% |
| Furniture and vehicles | 24 | €3,583 | €2,195 | -€1,388 | -38.7% |
| Current assets | 29/58 | €140,018 | €102,283 | -€37,735 | -27.0% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,040 | €46,154 | -€56,886 | -55.2% |
| Trade receivables | 40 | €97,833 | €38,545 | -€59,288 | -60.6% |
| Other amounts receivable | 41 | €5,207 | €7,609 | +€2,402 | +46.1% |
| Current investments | 50/53 | - | €32,985 | +€32,985 | |
| Cash at bank and in hand | 54/58 | €14,478 | €17,823 | +€3,345 | +23.1% |
| Deferred charges and accrued income | 490/1 | €21,000 | €3,821 | -€17,179 | -81.8% |
| Total equity and liabilities | 10/49 | €655,580 | €520,321 | -€135,259 | -20.6% |
| Equity | 10/15 | €231,368 | €273,020 | +€41,652 | +18.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €225,168 | €266,820 | +€41,652 | +18.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €223,308 | €264,960 | +€41,652 | +18.7% |
| Amounts payable | 17/49 | €424,211 | €247,300 | -€176,911 | -41.7% |
| Amounts payable after more than one year | 17 | €137,024 | €57,467 | -€79,557 | -58.1% |
| Financial debts | 170/4 | €137,024 | €57,467 | -€79,557 | -58.1% |
| Amounts payable within one year | 42/48 | €234,688 | €189,834 | -€44,854 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €33,569 | €25,802 | -€7,766 | -23.1% |
| Financial debts | 43 | €3,816 | €3,591 | -€225 | -5.9% |
| Credit institutions | 430/8 | €3,816 | €3,591 | -€225 | -5.9% |
| Trade debts | 44 | €26,446 | €36,912 | +€10,466 | +39.6% |
| Suppliers | 440/4 | €26,446 | €36,912 | +€10,466 | +39.6% |
| Taxes, remuneration and social security | 45 | €6,422 | €35,012 | +€28,590 | +445% |
| Taxes | 450/3 | €1,648 | €26,999 | +€25,351 | +1,539% |
| Remuneration and social security | 454/9 | €4,774 | €8,013 | +€3,239 | +67.8% |
| Other amounts payable | 47/48 | €164,435 | €88,516 | -€75,919 | -46.2% |
| Accrued charges and deferred income | 492/3 | €52,500 | €0 | -€52,500 | -100% |
| Non-recurring operating income | 76A | - | €40,764 | +€40,764 | |
| Remuneration, social security and pensions | 62 | €39,270 | €43,005 | +€3,735 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,344 | €23,362 | -€4,982 | -17.6% |
| Other operating charges | 640/8 | - | €1,267 | +€1,267 | |
| Non-recurring operating charges | 66A | €12,582 | €0 | -€12,582 | -100% |
| Gross operating margin | 9900 | €182,313 | €183,176 | +€863 | +0.5% |
| Operating profit (loss) | 9901 | €102,117 | €115,542 | +€13,426 | +13.1% |
| Financial charges | 65/66B | €51,875 | €60,835 | +€8,961 | +17.3% |
| Recurring financial charges | 65 | €51,875 | €60,835 | +€8,961 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €50,242 | €54,707 | +€4,465 | +8.9% |
| Income taxes | 67/77 | €16,551 | €13,055 | -€3,496 | -21.1% |
| Profit (loss) for the period | 9904 | €33,692 | €41,652 | +€7,961 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,692 | €41,652 | +€7,961 | +23.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.