Peter Motor Works: 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 Motor Works
Largest movements
- Stocks and contracts -€551,554
down €551,554 (-45.0%), from €1.2m to €674,073
- Receivables within one year +€513,725
up €513,725 (+142%), from €362,199 to €875,924
- Tangible fixed assets -€42,707
no longer reported in 2024 (was €42,707)
of which Plant, machinery and equipment: -€26,160
- Profit (loss) carried forward -€103,781
down €103,781 (-60.4%), from -€171,915 to -€275,696
- Tax, wage and social debts +€30,151
up €30,151 (+210%), from €14,327 to €44,479
of which Taxes: +€24,640
- Gross operating margin -€117,091
down €117,091 (-29.7%), from €393,700 to €276,609
- Depreciation -€19,970
no longer reported in 2024 (was €19,970)
- Financial charges +€8,357
up €8,357 (+14.2%), from €58,748 to €67,105
- Staff costs -€4,911
down €4,911 (-1.6%), from €313,983 to €309,072
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.
Derived cash bridge
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 | €1,637,748 | €1,560,574 | -€77,174 | -4.7% |
| Fixed assets | 21/28 | €42,707 | - | -€42,707 | |
| Tangible fixed assets | 22/27 | €42,707 | - | -€42,707 | |
| Plant, machinery and equipment | 23 | €26,160 | - | -€26,160 | |
| Furniture and vehicles | 24 | €16,547 | - | -€16,547 | |
| Current assets | 29/58 | €1,595,042 | €1,560,574 | -€34,468 | -2.2% |
| Stocks and contracts in progress | 3 | €1,225,627 | €674,073 | -€551,554 | -45.0% |
| Stocks | 30/36 | €1,225,627 | €674,073 | -€551,554 | -45.0% |
| Amounts receivable within one year | 40/41 | €362,199 | €875,924 | +€513,725 | +142% |
| Trade receivables | 40 | €362,199 | €875,924 | +€513,725 | +142% |
| Cash at bank and in hand | 54/58 | €4,203 | €10,577 | +€6,374 | +152% |
| Deferred charges and accrued income | 490/1 | €3,012 | - | -€3,012 | |
| Total equity and liabilities | 10/49 | €1,637,748 | €1,560,574 | -€77,174 | -4.7% |
| Equity | 10/15 | -€30,177 | -€133,958 | -€103,781 | -344% |
| Contributions | 10/11 | €141,738 | €141,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,915 | -€275,696 | -€103,781 | -60.4% |
| Amounts payable | 17/49 | €1,667,925 | €1,694,532 | +€26,606 | +1.6% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,467,925 | €1,494,532 | +€26,606 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €20,919 | €18,447 | -€2,472 | -11.8% |
| Financial debts | 43 | €450,000 | €455,215 | +€5,215 | +1.2% |
| Credit institutions | 430/8 | €450,000 | €455,215 | +€5,215 | +1.2% |
| Trade debts | 44 | €911,048 | €904,551 | -€6,498 | -0.7% |
| Suppliers | 440/4 | €911,048 | €904,551 | -€6,498 | -0.7% |
| Advances received on contracts in progress | 46 | €418 | €627 | +€209 | +50.0% |
| Taxes, remuneration and social security | 45 | €14,327 | €44,479 | +€30,151 | +210% |
| Taxes | 450/3 | €5,237 | €29,877 | +€24,640 | +471% |
| Remuneration and social security | 454/9 | €9,091 | €14,602 | +€5,512 | +60.6% |
| Other amounts payable | 47/48 | €71,213 | €71,213 | = | 0.0% |
| Non-recurring operating income | 76A | - | €172,952 | +€172,952 | |
| Remuneration, social security and pensions | 62 | €313,983 | €309,072 | -€4,911 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,970 | - | -€19,970 | |
| Other operating charges | 640/8 | €4,337 | €4,633 | +€296 | +6.8% |
| Gross operating margin | 9900 | €393,700 | €276,609 | -€117,091 | -29.7% |
| Operating profit (loss) | 9901 | €55,410 | -€37,096 | -€92,507 | |
| Financial income | 75/76B | €1,126 | €667 | -€459 | -40.7% |
| Recurring financial income | 75 | €1,126 | €667 | -€459 | -40.7% |
| Financial charges | 65/66B | €58,748 | €67,105 | +€8,357 | +14.2% |
| Recurring financial charges | 65 | €58,748 | €67,105 | +€8,357 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,212 | -€103,535 | -€101,322 | -4,580% |
| Income taxes | 67/77 | €262 | €246 | -€16 | -6.0% |
| Profit (loss) for the period | 9904 | -€2,474 | -€103,781 | -€101,307 | -4,095% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,474 | -€103,781 | -€101,307 | -4,095% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.