PETER STEVENS: 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 STEVENS
Largest movements
- Stocks and contracts -€44,886
down €44,886 (-100.0%), from €44,886 to €0
- Cash +€10,414
up €10,414 (+60.5%), from €17,221 to €27,635
mainly Stocks and contracts (+€44,886) and Net result for the year (+€16,079)
- Receivables within one year -€8,948
down €8,948 (-4.0%), from €220,984 to €212,036
of which Trade receivables: -€7,268
- Trade debts -€43,901
down €43,901 (-99.2%), from €44,265 to €365
- Reserves +€16,079
up €16,079 (+13.5%), from €119,195 to €135,274
of which Distributable reserves: +€16,079
- Current portion of long-term debt -€9,809
down €9,809 (-100.0%), from €9,809 to €0
- Tax, wage and social debts -€7,019
down €7,019 (-30.0%), from €23,397 to €16,378
of which Remuneration and social security: -€5,061
- Gross operating margin -€13,147
down €13,147 (-31.6%), from €41,573 to €28,426
- Financial charges -€5,386
down €5,386 (-50.8%), from €10,593 to €5,208
- Taxes -€1,988
down €1,988 (-20.9%), from €9,528 to €7,540
- Financial income +€1,331
up €1,331, from €0 to €1,331
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.
Cash bridge derived
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 | €283,092 | €239,672 | -€43,420 | -15.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €283,092 | €239,672 | -€43,420 | -15.3% |
| Stocks and contracts in progress | 3 | €44,886 | €0 | -€44,886 | -100.0% |
| Stocks | 30/36 | €44,886 | €0 | -€44,886 | -100.0% |
| Amounts receivable within one year | 40/41 | €220,984 | €212,036 | -€8,948 | -4.0% |
| Trade receivables | 40 | €161,812 | €154,544 | -€7,268 | -4.5% |
| Other amounts receivable | 41 | €59,172 | €57,492 | -€1,680 | -2.8% |
| Cash at bank and in hand | 54/58 | €17,221 | €27,635 | +€10,414 | +60.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €283,092 | €239,672 | -€43,420 | -15.3% |
| Equity | 10/15 | €137,795 | €153,874 | +€16,079 | +11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,195 | €135,274 | +€16,079 | +13.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €119,195 | €135,274 | +€16,079 | +13.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €145,297 | €85,797 | -€59,500 | -41.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €107,134 | €47,634 | -€59,500 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €9,809 | €0 | -€9,809 | -100.0% |
| Trade debts | 44 | €44,265 | €365 | -€43,901 | -99.2% |
| Suppliers | 440/4 | €44,265 | €365 | -€43,901 | -99.2% |
| Taxes, remuneration and social security | 45 | €23,397 | €16,378 | -€7,019 | -30.0% |
| Taxes | 450/3 | €18,336 | €16,378 | -€1,958 | -10.7% |
| Remuneration and social security | 454/9 | €5,061 | €0 | -€5,061 | -100.0% |
| Other amounts payable | 47/48 | €29,661 | €30,891 | +€1,230 | +4.1% |
| Accrued charges and deferred income | 492/3 | €38,163 | €38,163 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €0 | -€63 | -100.0% |
| Other operating charges | 640/8 | €755 | €930 | +€175 | +23.2% |
| Gross operating margin | 9900 | €41,573 | €28,426 | -€13,147 | -31.6% |
| Operating profit (loss) | 9901 | €40,755 | €27,496 | -€13,259 | -32.5% |
| Financial income | 75/76B | €0 | €1,331 | +€1,331 | |
| Recurring financial income | 75 | €0 | €1,331 | +€1,331 | |
| Financial charges | 65/66B | €10,593 | €5,208 | -€5,386 | -50.8% |
| Recurring financial charges | 65 | €10,593 | €5,208 | -€5,386 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €30,161 | €23,620 | -€6,542 | -21.7% |
| Income taxes | 67/77 | €9,528 | €7,540 | -€1,988 | -20.9% |
| Profit (loss) for the period | 9904 | €20,633 | €16,079 | -€4,554 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,633 | €16,079 | -€4,554 | -22.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.