PETER VAN DYCK: 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 VAN DYCK
Largest movements
- Cash -€273,837
down €273,837 (-81.9%), from €334,450 to €60,613
mainly Net result for the year (-€120,687) and Other debts (-€92,246)
- Tangible fixed assets -€108,915
down €108,915 (-21.9%), from €496,844 to €387,930
of which Leasing and similar rights: -€117,265
- Receivables within one year -€38,734
no longer reported in 2025 (was €38,734)
- Reserves -€112,649
down €112,649 (-24.9%), from €452,885 to €340,236
of which Distributable reserves: -€112,649
- Other debts -€92,246
down €92,246 (-58.4%), from €158,044 to €65,798
- Debts after one year -€86,547
no longer reported in 2025 (was €86,547)
- Tax, wage and social debts -€78,178
down €78,178 (-79.1%), from €98,871 to €20,693
of which Taxes: -€78,072
- Trade debts -€22,991
down €22,991 (-100.0%), from €23,001 to €10
- Gross operating margin -€351,091
down €351,091, from €282,915 to -€68,176
- Staff costs -€104,711
down €104,711 (-99.2%), from €105,534 to €823
- Taxes -€32,668
down €32,668 (-86.7%), from €37,668 to €5,000
- Depreciation -€29,777
down €29,777 (-69.9%), from €42,575 to €12,798
- Financial charges -€4,197
down €4,197 (-57.5%), from €7,304 to €3,108
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 | €871,279 | €449,793 | -€421,487 | -48.4% |
| Fixed assets | 21/28 | €498,094 | €389,180 | -€108,915 | -21.9% |
| Tangible fixed assets | 22/27 | €496,844 | €387,930 | -€108,915 | -21.9% |
| Land and buildings | 22 | €341,019 | €338,586 | -€2,433 | -0.7% |
| Plant, machinery and equipment | 23 | €17,719 | €15,984 | -€1,735 | -9.8% |
| Furniture and vehicles | 24 | €20,841 | €33,360 | +€12,519 | +60.1% |
| Leasing and similar rights | 25 | €117,265 | - | -€117,265 | |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €373,185 | €60,613 | -€312,572 | -83.8% |
| Amounts receivable within one year | 40/41 | €38,734 | - | -€38,734 | |
| Trade receivables | 40 | €38,734 | - | -€38,734 | |
| Cash at bank and in hand | 54/58 | €334,450 | €60,613 | -€273,837 | -81.9% |
| Total equity and liabilities | 10/49 | €871,279 | €449,793 | -€421,487 | -48.4% |
| Equity | 10/15 | €483,977 | €363,291 | -€120,687 | -24.9% |
| Contributions | 10/11 | €31,092 | €31,092 | = | 0.0% |
| Reserves | 13 | €452,885 | €340,236 | -€112,649 | -24.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €451,026 | €338,376 | -€112,649 | -25.0% |
| Profit (loss) carried forward | 14 | - | -€8,037 | -€8,037 | |
| Amounts payable | 17/49 | €387,302 | €86,502 | -€300,800 | -77.7% |
| Amounts payable after more than one year | 17 | €86,547 | - | -€86,547 | |
| Financial debts | 170/4 | €86,547 | - | -€86,547 | |
| Amounts payable within one year | 42/48 | €300,755 | €86,502 | -€214,253 | -71.2% |
| Current portion of amounts payable after more than one year | 42 | €20,839 | - | -€20,839 | |
| Trade debts | 44 | €23,001 | €10 | -€22,991 | -100.0% |
| Suppliers | 440/4 | €23,001 | €10 | -€22,991 | -100.0% |
| Taxes, remuneration and social security | 45 | €98,871 | €20,693 | -€78,178 | -79.1% |
| Taxes | 450/3 | €98,766 | €20,693 | -€78,072 | -79.0% |
| Remuneration and social security | 454/9 | €105 | - | -€105 | |
| Other amounts payable | 47/48 | €158,044 | €65,798 | -€92,246 | -58.4% |
| Non-recurring operating income | 76A | €140,262 | €24,112 | -€116,150 | -82.8% |
| Remuneration, social security and pensions | 62 | €105,534 | €823 | -€104,711 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,575 | €12,798 | -€29,777 | -69.9% |
| Other operating charges | 640/8 | €3,308 | €1,820 | -€1,489 | -45.0% |
| Non-recurring operating charges | 66A | - | €29,883 | +€29,883 | |
| Gross operating margin | 9900 | €282,915 | -€68,176 | -€351,091 | |
| Operating profit (loss) | 9901 | €131,498 | -€113,499 | -€244,997 | |
| Financial income | 75/76B | €77 | €920 | +€844 | +1,097% |
| Recurring financial income | 75 | €77 | €920 | +€844 | +1,097% |
| Financial charges | 65/66B | €7,304 | €3,108 | -€4,197 | -57.5% |
| Recurring financial charges | 65 | €7,304 | €3,108 | -€4,197 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €124,271 | -€115,687 | -€239,957 | |
| Income taxes | 67/77 | €37,668 | €5,000 | -€32,668 | -86.7% |
| Profit (loss) for the period | 9904 | €86,603 | -€120,687 | -€207,289 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,603 | -€120,687 | -€207,289 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.