PETER LEEMANS: what changed
What changed
PETER LEEMANS
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€196,457
2024 · €210,106-€13,649
Equity
€28,457
2024 · €22,000+€6,457
Cash
€147,392
2024 · €148,277-€885
Balance sheet total
€227,870
2024 · €253,013-€25,144
Largest movements
Assets
- Tangible fixed assets -€24,054
down €24,054 (-23.6%), from €101,924 to €77,870
of which Furniture and vehicles: -€22,548
Equity and liabilities
- Other debts -€48,442
down €48,442 (-23.1%), from €210,106 to €161,664
- Tax, wage and social debts +€19,041
up €19,041 (+109%), from €17,425 to €36,466
of which Taxes: +€19,041
- Profit (loss) carried forward +€6,457
up €6,457, from €0 to €6,457
Income statement
- Gross operating margin -€11,263
down €11,263 (-3.8%), from €299,643 to €288,380
- Depreciation +€6,149
up €6,149 (+28.3%), from €21,698 to €27,847
- Taxes -€4,377
down €4,377 (-6.7%), from €65,701 to €61,324
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.
Result 2024
€210,106
Gross operating margin
-€11,263
Staff costs
-€407
Depreciation
-€6,149
Other operating charges
+€39
Financial income
-€337
Financial charges
+€91
Taxes
+€4,377
Result 2025
€196,457
raises the resultlowers the result
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.
From operations
+€192,908
Investment
-€3,793
Financing
-€190,000
Cash 2024
€148,277
From operations (derived)
+€192,908
Net result for the year
+€196,457
Depreciation
+€27,847
Smaller working-capital items
+€205
Trade debts
-€2,199
Tax, wage and social debts
+€19,041
Other debts
-€48,442
Investment (derived)
-€3,793
Investment in fixed assets (net)
-€3,793
Financing
-€190,000
Contributions, distributions and other
-€190,000
Cash 2025
€147,392
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,013 | €227,870 | -€25,144 | -9.9% |
| Fixed assets | 21/28 | €101,924 | €77,870 | -€24,054 | -23.6% |
| Tangible fixed assets | 22/27 | €101,924 | €77,870 | -€24,054 | -23.6% |
| Plant, machinery and equipment | 23 | €2,122 | €616 | -€1,506 | -71.0% |
| Furniture and vehicles | 24 | €99,802 | €77,253 | -€22,548 | -22.6% |
| Current assets | 29/58 | €151,089 | €150,000 | -€1,089 | -0.7% |
| Amounts receivable within one year | 40/41 | €737 | €484 | -€253 | -34.3% |
| Trade receivables | 40 | €374 | €484 | +€110 | +29.4% |
| Other amounts receivable | 41 | €363 | €0 | -€363 | -100% |
| Cash at bank and in hand | 54/58 | €148,277 | €147,392 | -€885 | -0.6% |
| Deferred charges and accrued income | 490/1 | €2,075 | €2,124 | +€48 | +2.3% |
| Total equity and liabilities | 10/49 | €253,013 | €227,870 | -€25,144 | -9.9% |
| Equity | 10/15 | €22,000 | €28,457 | +€6,457 | +29.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €6,457 | +€6,457 | |
| Amounts payable | 17/49 | €231,013 | €199,413 | -€31,601 | -13.7% |
| Amounts payable within one year | 42/48 | €231,013 | €199,413 | -€31,601 | -13.7% |
| Trade debts | 44 | €3,482 | €1,283 | -€2,199 | -63.2% |
| Suppliers | 440/4 | €3,482 | €1,283 | -€2,199 | -63.2% |
| Taxes, remuneration and social security | 45 | €17,425 | €36,466 | +€19,041 | +109% |
| Taxes | 450/3 | €17,425 | €36,466 | +€19,041 | +109% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €210,106 | €161,664 | -€48,442 | -23.1% |
| Remuneration, social security and pensions | 62 | €1,926 | €2,333 | +€407 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,698 | €27,847 | +€6,149 | +28.3% |
| Other operating charges | 640/8 | €1,090 | €1,051 | -€39 | -3.6% |
| Gross operating margin | 9900 | €299,643 | €288,380 | -€11,263 | -3.8% |
| Operating profit (loss) | 9901 | €274,929 | €257,149 | -€17,780 | -6.5% |
| Financial income | 75/76B | €1,188 | €851 | -€337 | -28.3% |
| Recurring financial income | 75 | €1,188 | €851 | -€337 | -28.3% |
| Financial charges | 65/66B | €310 | €220 | -€91 | -29.2% |
| Recurring financial charges | 65 | €310 | €220 | -€91 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €275,807 | €257,781 | -€18,026 | -6.5% |
| Income taxes | 67/77 | €65,701 | €61,324 | -€4,377 | -6.7% |
| Profit (loss) for the period | 9904 | €210,106 | €196,457 | -€13,649 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €210,106 | €196,457 | -€13,649 | -6.5% |
Next steps
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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 7 November 2026 via checked.be.