Peter & Rachid: 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 & Rachid
Largest movements
- Cash -€47,365
down €47,365 (-24.2%), from €195,733 to €148,368
mainly Receivables within one year (-€44,372) and Other debts (-€43,844)
- Receivables within one year +€44,372
up €44,372 (+321%), from €13,826 to €58,198
of which Trade receivables: +€46,013
- Tangible fixed assets -€43,573
down €43,573 (-29.1%), from €149,918 to €106,345
of which Plant, machinery and equipment: -€42,910
- Other debts -€43,844
down €43,844 (-61.7%), from €71,078 to €27,234
- Reserves +€19,250
up €19,250 (+11.4%), from €169,408 to €188,658
- Debts after one year -€14,889
down €14,889 (-79.1%), from €18,834 to €3,945
- Current portion of long-term debt -€14,826
down €14,826 (-60.1%), from €24,678 to €9,851
- Trade debts +€11,758
up €11,758 (+32.9%), from €35,778 to €47,536
- Other operating charges +€30,707
up €30,707 (+3,870%), from €793 to €31,500
- Gross operating margin -€29,641
down €29,641 (-9.5%), from €311,200 to €281,559
- Staff costs +€24,310
up €24,310 (+18.8%), from €128,971 to €153,280
- Taxes -€24,125
down €24,125 (-61.1%), from €39,500 to €15,375
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 | €386,250 | €343,296 | -€42,954 | -11.1% |
| Fixed assets | 21/28 | €150,121 | €108,649 | -€41,473 | -27.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €149,918 | €106,345 | -€43,573 | -29.1% |
| Land and buildings | 22 | €21,894 | €49,136 | +€27,242 | +124% |
| Plant, machinery and equipment | 23 | €73,445 | €30,535 | -€42,910 | -58.4% |
| Furniture and vehicles | 24 | €54,579 | €26,674 | -€27,905 | -51.1% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €204 | €2,304 | +€2,100 | +1,031% |
| Current assets | 29/58 | €236,128 | €234,647 | -€1,482 | -0.6% |
| Stocks and contracts in progress | 3 | €26,570 | €27,891 | +€1,321 | +5.0% |
| Stocks | 30/36 | €26,570 | €27,891 | +€1,321 | +5.0% |
| Amounts receivable within one year | 40/41 | €13,826 | €58,198 | +€44,372 | +321% |
| Trade receivables | 40 | €4,552 | €50,565 | +€46,013 | +1,011% |
| Other amounts receivable | 41 | €9,274 | €7,633 | -€1,641 | -17.7% |
| Cash at bank and in hand | 54/58 | €195,733 | €148,368 | -€47,365 | -24.2% |
| Deferred charges and accrued income | 490/1 | - | €190 | +€190 | |
| Total equity and liabilities | 10/49 | €386,250 | €343,296 | -€42,954 | -11.1% |
| Equity | 10/15 | €171,408 | €190,658 | +€19,250 | +11.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €169,408 | €188,658 | +€19,250 | +11.4% |
| Distributable reserves | 133 | €169,408 | €188,658 | +€19,250 | +11.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €214,842 | €152,637 | -€62,205 | -29.0% |
| Amounts payable after more than one year | 17 | €18,834 | €3,945 | -€14,889 | -79.1% |
| Financial debts | 170/4 | €18,834 | €3,945 | -€14,889 | -79.1% |
| Amounts payable within one year | 42/48 | €196,008 | €147,011 | -€48,996 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €24,678 | €9,851 | -€14,826 | -60.1% |
| Trade debts | 44 | €35,778 | €47,536 | +€11,758 | +32.9% |
| Suppliers | 440/4 | €35,778 | €47,536 | +€11,758 | +32.9% |
| Taxes, remuneration and social security | 45 | €64,474 | €62,390 | -€2,084 | -3.2% |
| Taxes | 450/3 | €58,568 | €46,922 | -€11,646 | -19.9% |
| Remuneration and social security | 454/9 | €5,907 | €15,468 | +€9,562 | +162% |
| Other amounts payable | 47/48 | €71,078 | €27,234 | -€43,844 | -61.7% |
| Accrued charges and deferred income | 492/3 | - | €1,681 | +€1,681 | |
| Remuneration, social security and pensions | 62 | €128,971 | €153,280 | +€24,310 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,463 | €35,908 | +€1,445 | +4.2% |
| Other operating charges | 640/8 | €793 | €31,500 | +€30,707 | +3,870% |
| Gross operating margin | 9900 | €311,200 | €281,559 | -€29,641 | -9.5% |
| Operating profit (loss) | 9901 | €146,973 | €60,869 | -€86,103 | -58.6% |
| Financial income | 75/76B | €16 | €205 | +€188 | +1,161% |
| Recurring financial income | 75 | €16 | €205 | +€188 | +1,161% |
| Financial charges | 65/66B | €6,485 | €6,448 | -€37 | -0.6% |
| Recurring financial charges | 65 | €6,485 | €6,448 | -€37 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €140,504 | €54,626 | -€85,878 | -61.1% |
| Income taxes | 67/77 | €39,500 | €15,375 | -€24,125 | -61.1% |
| Profit (loss) for the period | 9904 | €101,004 | €39,250 | -€61,753 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €101,004 | €39,250 | -€61,753 | -61.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.