PETER WILLEMS 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 WILLEMS MANAGEMENT
Largest movements
- Tangible fixed assets -€8,260
down €8,260 (-3.6%), from €231,962 to €223,702
of which Land and buildings: -€8,260
- Receivables within one year -€4,456
down €4,456 (-20.4%), from €21,817 to €17,361
of which Trade receivables: -€4,664
- Other debts +€20,022
up €20,022 (+236%), from €8,492 to €28,514
- Debts after one year -€14,845
down €14,845 (-9.9%), from €149,460 to €134,615
- Reserves -€10,922
down €10,922 (-17.3%), from €63,023 to €52,100
- Trade debts -€10,062
down €10,062 (-88.8%), from €11,325 to €1,263
- Other operating charges +€1,026
up €1,026 (+191%), from €536 to €1,561
- Financial charges +€360
up €360 (+4.6%), from €7,782 to €8,142
- Gross operating margin +€343
up €343 (+1.5%), from €22,495 to €22,838
- Taxes -€299
down €299 (-18.5%), from €1,613 to €1,315
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 | €259,046 | €245,140 | -€13,906 | -5.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €231,962 | €223,702 | -€8,260 | -3.6% |
| Tangible fixed assets | 22/27 | €231,962 | €223,702 | -€8,260 | -3.6% |
| Land and buildings | 22 | €231,962 | €223,702 | -€8,260 | -3.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €27,084 | €21,438 | -€5,646 | -20.8% |
| Amounts receivable within one year | 40/41 | €21,817 | €17,361 | -€4,456 | -20.4% |
| Trade receivables | 40 | €20,000 | €15,336 | -€4,664 | -23.3% |
| Other amounts receivable | 41 | €1,817 | €2,025 | +€209 | +11.5% |
| Cash at bank and in hand | 54/58 | €1,298 | €253 | -€1,045 | -80.5% |
| Deferred charges and accrued income | 490/1 | €3,969 | €3,824 | -€145 | -3.7% |
| Total equity and liabilities | 10/49 | €259,046 | €245,140 | -€13,906 | -5.4% |
| Equity | 10/15 | €69,223 | €58,300 | -€10,922 | -15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,023 | €52,100 | -€10,922 | -17.3% |
| Distributable reserves | 133 | €63,023 | €52,100 | -€10,922 | -17.3% |
| Amounts payable | 17/49 | €189,824 | €186,840 | -€2,984 | -1.6% |
| Amounts payable after more than one year | 17 | €149,460 | €134,615 | -€14,845 | -9.9% |
| Financial debts | 170/4 | €149,460 | €134,615 | -€14,845 | -9.9% |
| Amounts payable within one year | 42/48 | €40,364 | €52,225 | +€11,861 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €14,126 | €14,845 | +€719 | +5.1% |
| Trade debts | 44 | €11,325 | €1,263 | -€10,062 | -88.8% |
| Suppliers | 440/4 | €11,325 | €1,263 | -€10,062 | -88.8% |
| Taxes, remuneration and social security | 45 | €6,421 | €7,603 | +€1,182 | +18.4% |
| Taxes | 450/3 | €6,421 | €7,603 | +€1,182 | +18.4% |
| Other amounts payable | 47/48 | €8,492 | €28,514 | +€20,022 | +236% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,260 | €8,260 | = | 0.0% |
| Other operating charges | 640/8 | €536 | €1,561 | +€1,026 | +191% |
| Gross operating margin | 9900 | €22,495 | €22,838 | +€343 | +1.5% |
| Operating profit (loss) | 9901 | €13,699 | €13,016 | -€682 | -5.0% |
| Financial charges | 65/66B | €7,782 | €8,142 | +€360 | +4.6% |
| Recurring financial charges | 65 | €7,782 | €8,142 | +€360 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €5,917 | €4,874 | -€1,043 | -17.6% |
| Income taxes | 67/77 | €1,613 | €1,315 | -€299 | -18.5% |
| Profit (loss) for the period | 9904 | €4,304 | €3,560 | -€744 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,304 | €3,560 | -€744 | -17.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.