PETER LECOQUE: 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.
PETER LECOQUE
Largest movements
- Receivables within one year -€18,495
down €18,495 (-36.9%), from €50,091 to €31,596
of which Trade receivables: -€20,008
- Tangible fixed assets +€13,006
up €13,006 (+29.6%), from €43,877 to €56,883
of which Furniture and vehicles: +€21,606
- Cash +€4,561
up €4,561 (+13.7%), from €33,323 to €37,884
mainly Receivables within one year (+€18,495) and Depreciation (+€11,290)
- Advances received -€12,219
no longer reported in 2024 (was €12,219)
- Current portion of long-term debt +€8,891
up €8,891 (+184.7%), from €4,813 to €13,704
- Profit (loss) carried forward -€4,943
down €4,943 (-20.6%), from €23,993 to €19,050
- Other debts +€4,286
new in 2024: €4,286
- Trade debts +€4,233
up €4,233 (+26.8%), from €15,802 to €20,035
- Gross operating margin +€7,858
up €7,858 (+32.6%), from €24,135 to €31,993
- Financial charges +€2,179
up €2,179 (+263.5%), from €827 to €3,006
- Depreciation -€1,963
down €1,963 (-14.8%), from €13,252 to €11,290
- Other operating charges +€1,281
up €1,281 (+28.4%), from €4,507 to €5,787
- Financial income -€511
down €511 (-57.4%), from €891 to €380
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,434 | €126,894 | -€1,540 | -1.2% |
| Fixed assets | 21/28 | €43,877 | €56,883 | +€13,006 | +29.6% |
| Tangible fixed assets | 22/27 | €43,877 | €56,883 | +€13,006 | +29.6% |
| Plant, machinery and equipment | 23 | €100 | €100 | = | 0.0% |
| Furniture and vehicles | 24 | €1,697 | €23,303 | +€21,606 | +1273.4% |
| Other tangible fixed assets | 26 | €42,081 | €33,481 | -€8,600 | -20.4% |
| Current assets | 29/58 | €84,556 | €70,010 | -€14,546 | -17.2% |
| Amounts receivable within one year | 40/41 | €50,091 | €31,596 | -€18,495 | -36.9% |
| Trade receivables | 40 | €32,018 | €12,010 | -€20,008 | -62.5% |
| Other amounts receivable | 41 | €18,073 | €19,586 | +€1,513 | +8.4% |
| Cash at bank and in hand | 54/58 | €33,323 | €37,884 | +€4,561 | +13.7% |
| Deferred charges and accrued income | 490/1 | €1,142 | €530 | -€612 | -53.6% |
| Total equity and liabilities | 10/49 | €128,434 | €126,894 | -€1,540 | -1.2% |
| Equity | 10/15 | €43,763 | €38,820 | -€4,943 | -11.3% |
| Contributions | 10/11 | €7,151 | €7,151 | = | 0.0% |
| Reserves | 13 | €12,619 | €12,619 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,083 | €1,083 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,083 | €1,083 | = | 0.0% |
| Distributable reserves | 133 | €11,536 | €11,536 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,993 | €19,050 | -€4,943 | -20.6% |
| Amounts payable | 17/49 | €84,671 | €88,074 | +€3,403 | +4.0% |
| Amounts payable after more than one year | 17 | €43,000 | €43,304 | +€304 | +0.7% |
| Financial debts | 170/4 | €43,000 | €43,304 | +€304 | +0.7% |
| Amounts payable within one year | 42/48 | €41,671 | €44,770 | +€3,099 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €4,813 | €13,704 | +€8,891 | +184.7% |
| Trade debts | 44 | €15,802 | €20,035 | +€4,233 | +26.8% |
| Suppliers | 440/4 | €15,802 | €20,035 | +€4,233 | +26.8% |
| Advances received on contracts in progress | 46 | €12,219 | - | -€12,219 | |
| Taxes, remuneration and social security | 45 | €8,836 | €6,746 | -€2,091 | -23.7% |
| Taxes | 450/3 | €8,836 | €6,746 | -€2,091 | -23.7% |
| Other amounts payable | 47/48 | - | €4,286 | +€4,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,252 | €11,290 | -€1,963 | -14.8% |
| Other operating charges | 640/8 | €4,507 | €5,787 | +€1,281 | +28.4% |
| Gross operating margin | 9900 | €24,135 | €31,993 | +€7,858 | +32.6% |
| Operating profit (loss) | 9901 | €6,376 | €14,916 | +€8,540 | +133.9% |
| Financial income | 75/76B | €891 | €380 | -€511 | -57.4% |
| Recurring financial income | 75 | €891 | €380 | -€511 | -57.4% |
| Financial charges | 65/66B | €827 | €3,006 | +€2,179 | +263.5% |
| Recurring financial charges | 65 | €827 | €3,006 | +€2,179 | +263.5% |
| Profit (loss) for the period before taxes | 9903 | €6,441 | €12,291 | +€5,850 | +90.8% |
| Income taxes | 67/77 | €3,432 | €2,948 | -€484 | -14.1% |
| Profit (loss) for the period | 9904 | €3,009 | €9,343 | +€6,334 | +210.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,009 | €9,343 | +€6,334 | +210.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.