Peter Verbiest Management: 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 Verbiest Management
Largest movements
- Receivables within one year +€11,565
up €11,565 (+95.9%), from €12,059 to €23,624
of which Trade receivables: +€11,511
- Cash +€428
up €428 (+28.8%), from €1,488 to €1,917
mainly Debts after one year (+€13,448) and Other debts (+€232)
- Debts after one year +€13,448
up €13,448 (+11.2%), from €119,877 to €133,325
- Profit (loss) carried forward -€1,245
down €1,245 (-1.0%), from -€125,765 to -€127,011
- Trade debts -€480
down €480 (-92.5%), from €519 to €39
- Gross operating margin +€13,533
up €13,533, from -€13,318 to €215
- Depreciation -€894
down €894 (-82.5%), from €1,083 to €189
- Other operating charges +€199
up €199 (+32.6%), from €611 to €811
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 | €15,090 | €27,045 | +€11,955 | +79.2% |
| Fixed assets | 21/28 | €639 | €450 | -€189 | -29.6% |
| Tangible fixed assets | 22/27 | €189 | - | -€189 | |
| Furniture and vehicles | 24 | €189 | - | -€189 | |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €14,451 | €26,595 | +€12,144 | +84.0% |
| Amounts receivable within one year | 40/41 | €12,059 | €23,624 | +€11,565 | +95.9% |
| Trade receivables | 40 | €11,687 | €23,198 | +€11,511 | +98.5% |
| Other amounts receivable | 41 | €372 | €426 | +€54 | +14.6% |
| Cash at bank and in hand | 54/58 | €1,488 | €1,917 | +€428 | +28.8% |
| Deferred charges and accrued income | 490/1 | €904 | €1,054 | +€151 | +16.7% |
| Total equity and liabilities | 10/49 | €15,090 | €27,045 | +€11,955 | +79.2% |
| Equity | 10/15 | -€105,305 | -€106,551 | -€1,245 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,765 | -€127,011 | -€1,245 | -1.0% |
| Amounts payable | 17/49 | €120,395 | €133,595 | +€13,200 | +11.0% |
| Amounts payable after more than one year | 17 | €119,877 | €133,325 | +€13,448 | +11.2% |
| Other amounts payable | 178/9 | €119,877 | €133,325 | +€13,448 | +11.2% |
| Amounts payable within one year | 42/48 | €519 | €271 | -€248 | -47.9% |
| Trade debts | 44 | €519 | €39 | -€480 | -92.5% |
| Suppliers | 440/4 | €519 | €39 | -€480 | -92.5% |
| Other amounts payable | 47/48 | - | €232 | +€232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,083 | €189 | -€894 | -82.5% |
| Other operating charges | 640/8 | €611 | €811 | +€199 | +32.6% |
| Gross operating margin | 9900 | -€13,318 | €215 | +€13,533 | |
| Operating profit (loss) | 9901 | -€15,013 | -€785 | +€14,228 | +94.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.0% |
| Financial charges | 65/66B | €25 | €55 | +€30 | +120% |
| Recurring financial charges | 65 | €25 | €55 | +€30 | +120% |
| Profit (loss) for the period before taxes | 9903 | -€15,037 | -€840 | +€14,197 | +94.4% |
| Income taxes | 67/77 | €404 | €405 | +€1 | +0.3% |
| Profit (loss) for the period | 9904 | -€15,441 | -€1,245 | +€14,196 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,441 | -€1,245 | +€14,196 | +91.9% |
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 14 October 2026 via checked.be.