PETER VERLAAK: what changed
PETER VERLAAK
Largest movements
- Cash +€40,979
up €40,979 (+56.1%), from €73,070 to €114,049
mainly Net result for the year (+€39,397) and Other debts (+€9,549)
- Tangible fixed assets +€9,746
up €9,746 (+288%), from €3,389 to €13,135
of which Furniture and vehicles: +€9,856
- Receivables within one year +€7,787
up €7,787 (+85.6%), from €9,098 to €16,885
of which Trade receivables: +€7,114
- Profit (loss) carried forward +€38,538
up €38,538 (+68.4%), from €56,370 to €94,908
- Other debts +€9,549
up €9,549 (+271%), from €3,524 to €13,073
- Tax, wage and social debts +€8,731
up €8,731 (+54.7%), from €15,956 to €24,686
of which Taxes: +€9,981
- Trade debts +€2,428
up €2,428 (+36.2%), from €6,708 to €9,136
- Turnover -€146,868
no longer reported in 2025 (was €146,868)
- Purchases and services -€70,725
no longer reported in 2025 (was €70,725)
- Gross operating margin -€23,613
down €23,613 (-31.0%), from €76,190 to €52,577
- Taxes -€4,218
down €4,218 (-29.2%), from €14,452 to €10,234
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,558 | €144,803 | +€59,245 | +69.2% |
| Fixed assets | 21/28 | €3,389 | €13,135 | +€9,746 | +288% |
| Tangible fixed assets | 22/27 | €3,389 | €13,135 | +€9,746 | +288% |
| Plant, machinery and equipment | 23 | €184 | €73 | -€110 | -60.0% |
| Furniture and vehicles | 24 | €3,206 | €13,062 | +€9,856 | +307% |
| Current assets | 29/58 | €82,168 | €131,667 | +€49,499 | +60.2% |
| Amounts receivable within one year | 40/41 | €9,098 | €16,885 | +€7,787 | +85.6% |
| Trade receivables | 40 | €8,123 | €15,237 | +€7,114 | +87.6% |
| Other amounts receivable | 41 | €975 | €1,648 | +€673 | +69.1% |
| Cash at bank and in hand | 54/58 | €73,070 | €114,049 | +€40,979 | +56.1% |
| Deferred charges and accrued income | 490/1 | - | €733 | +€733 | |
| Total equity and liabilities | 10/49 | €85,558 | €144,803 | +€59,245 | +69.2% |
| Equity | 10/15 | €59,370 | €97,908 | +€38,538 | +64.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,370 | €94,908 | +€38,538 | +68.4% |
| Amounts payable | 17/49 | €26,187 | €46,894 | +€20,707 | +79.1% |
| Amounts payable within one year | 42/48 | €26,187 | €46,894 | +€20,707 | +79.1% |
| Trade debts | 44 | €6,708 | €9,136 | +€2,428 | +36.2% |
| Suppliers | 440/4 | €6,708 | €9,136 | +€2,428 | +36.2% |
| Taxes, remuneration and social security | 45 | €15,956 | €24,686 | +€8,731 | +54.7% |
| Taxes | 450/3 | €14,706 | €24,686 | +€9,981 | +67.9% |
| Remuneration and social security | 454/9 | €1,250 | - | -€1,250 | |
| Other amounts payable | 47/48 | €3,524 | €13,073 | +€9,549 | +271% |
| Turnover | 70 | €146,868 | - | -€146,868 | |
| Goods, raw materials, services and sundry goods | 60/61 | €70,725 | - | -€70,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,139 | €2,754 | -€1,385 | -33.5% |
| Other operating charges | 640/8 | €62 | €127 | +€65 | +105% |
| Gross operating margin | 9900 | €76,190 | €52,577 | -€23,613 | -31.0% |
| Operating profit (loss) | 9901 | €71,989 | €49,696 | -€22,293 | -31.0% |
| Financial income | 75/76B | €38 | €1 | -€37 | -96.8% |
| Recurring financial income | 75 | €38 | €1 | -€37 | -96.8% |
| Financial charges | 65/66B | €371 | €66 | -€305 | -82.2% |
| Recurring financial charges | 65 | €371 | €66 | -€305 | -82.2% |
| Profit (loss) for the period before taxes | 9903 | €71,656 | €49,631 | -€22,025 | -30.7% |
| Income taxes | 67/77 | €14,452 | €10,234 | -€4,218 | -29.2% |
| Profit (loss) for the period | 9904 | €57,203 | €39,397 | -€17,807 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,203 | €39,397 | -€17,807 | -31.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.