Peter Van Praet: 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 Praet
Largest movements
- Cash -€14,868
down €14,868 (-66.8%), from €22,260 to €7,392
mainly Net result for the year (-€16,348) and Receivables within one year (-€4,532)
- Tangible fixed assets -€6,848
down €6,848 (-27.9%), from €24,561 to €17,713
of which Land and buildings: -€5,679
- Receivables within one year +€4,532
up €4,532 (+78.3%), from €5,790 to €10,321
of which Other amounts receivable: +€3,375
- Deferred charges and accrued income -€4,110
down €4,110 (-97.4%), from €4,221 to €111
- Profit (loss) carried forward -€16,348
down €16,348 (-257%), from -€6,365 to -€22,713
- Debts after one year -€4,497
down €4,497 (-26.7%), from €16,838 to €12,341
- Gross operating margin -€18,857
down €18,857, from €11,043 to -€7,814
- Other operating charges -€1,154
down €1,154 (-37.7%), from €3,064 to €1,910
- Financial charges -€398
down €398 (-25.8%), from €1,542 to €1,144
- Depreciation -€314
down €314 (-4.4%), from €7,162 to €6,848
- Financial income +€270
up €270 (+24.6%), from €1,099 to €1,369
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 | €92,691 | €71,397 | -€21,294 | -23.0% |
| Fixed assets | 21/28 | €25,420 | €18,572 | -€6,848 | -26.9% |
| Tangible fixed assets | 22/27 | €24,561 | €17,713 | -€6,848 | -27.9% |
| Land and buildings | 22 | €22,793 | €17,114 | -€5,679 | -24.9% |
| Plant, machinery and equipment | 23 | €1,768 | €599 | -€1,169 | -66.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €859 | €859 | = | 0.0% |
| Current assets | 29/58 | €67,271 | €52,825 | -€14,446 | -21.5% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,790 | €10,321 | +€4,532 | +78.3% |
| Trade receivables | 40 | €0 | €1,157 | +€1,157 | |
| Other amounts receivable | 41 | €5,790 | €9,164 | +€3,375 | +58.3% |
| Cash at bank and in hand | 54/58 | €22,260 | €7,392 | -€14,868 | -66.8% |
| Deferred charges and accrued income | 490/1 | €4,221 | €111 | -€4,110 | -97.4% |
| Total equity and liabilities | 10/49 | €92,691 | €71,397 | -€21,294 | -23.0% |
| Equity | 10/15 | €68,955 | €52,607 | -€16,348 | -23.7% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €19,120 | €19,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,620 | - | -€5,620 | |
| Reserves not available under the articles | 1311 | €5,620 | - | -€5,620 | |
| Distributable reserves | 133 | €13,500 | €19,120 | +€5,620 | +41.6% |
| Profit (loss) carried forward | 14 | -€6,365 | -€22,713 | -€16,348 | -257% |
| Amounts payable | 17/49 | €23,736 | €18,790 | -€4,946 | -20.8% |
| Amounts payable after more than one year | 17 | €16,838 | €12,341 | -€4,497 | -26.7% |
| Financial debts | 170/4 | €16,838 | €12,341 | -€4,497 | -26.7% |
| Amounts payable within one year | 42/48 | €5,598 | €4,949 | -€649 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €4,265 | €4,497 | +€232 | +5.4% |
| Trade debts | 44 | €489 | €452 | -€37 | -7.6% |
| Suppliers | 440/4 | €489 | €452 | -€37 | -7.6% |
| Taxes, remuneration and social security | 45 | €589 | - | -€589 | |
| Taxes | 450/3 | €589 | - | -€589 | |
| Other amounts payable | 47/48 | €255 | - | -€255 | |
| Accrued charges and deferred income | 492/3 | €1,300 | €1,500 | +€200 | +15.4% |
| Non-recurring operating income | 76A | - | €1,157 | +€1,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,162 | €6,848 | -€314 | -4.4% |
| Other operating charges | 640/8 | €3,064 | €1,910 | -€1,154 | -37.7% |
| Gross operating margin | 9900 | €11,043 | -€7,814 | -€18,857 | |
| Operating profit (loss) | 9901 | €817 | -€16,573 | -€17,390 | |
| Financial income | 75/76B | €1,099 | €1,369 | +€270 | +24.6% |
| Recurring financial income | 75 | €1,099 | €1,369 | +€270 | +24.6% |
| Financial charges | 65/66B | €1,542 | €1,144 | -€398 | -25.8% |
| Recurring financial charges | 65 | €1,542 | €1,144 | -€398 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €374 | -€16,348 | -€16,722 | |
| Profit (loss) for the period | 9904 | €374 | -€16,348 | -€16,722 | |
| Profit (loss) for the period to be appropriated | 9905 | €374 | -€16,348 | -€16,722 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.