Peter & Zout: 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 & Zout
Largest movements
- Cash +€39,241
up €39,241 (+66.2%), from €59,244 to €98,485
mainly Depreciation (+€24,075) and Receivables within one year (+€10,366)
- Tangible fixed assets -€24,075
down €24,075 (-26.7%), from €90,166 to €66,091
of which Land and buildings: -€14,474
- Receivables within one year -€10,366
down €10,366 (-38.4%), from €26,970 to €16,604
of which Other amounts receivable: -€9,209
- Deferred charges and accrued income +€5,450
new in 2022: €5,450
- Reserves +€9,181
up €9,181 (+38.8%), from €23,658 to €32,839
- Debts after one year -€5,073
down €5,073 (-8.8%), from €57,637 to €52,564
- Tax, wage and social debts +€3,733
up €3,733 (+26.5%), from €14,081 to €17,814
of which Taxes: +€4,816
- Trade debts +€3,699
up €3,699 (+20.9%), from €17,685 to €21,385
- Gross operating margin -€47,724
down €47,724 (-38.1%), from €125,376 to €77,652
- Taxes -€7,990
down €7,990 (-62.2%), from €12,852 to €4,862
- Depreciation -€2,572
down €2,572 (-9.7%), from €26,647 to €24,075
- Financial income +€2,087
up €2,087 (+2,318,711%), from €0 to €2,087
- Staff costs -€1,624
down €1,624 (-4.1%), from €39,850 to €38,226
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,915 | €187,006 | +€10,091 | +5.7% |
| Fixed assets | 21/28 | €90,166 | €66,091 | -€24,075 | -26.7% |
| Tangible fixed assets | 22/27 | €90,166 | €66,091 | -€24,075 | -26.7% |
| Land and buildings | 22 | €63,311 | €48,837 | -€14,474 | -22.9% |
| Plant, machinery and equipment | 23 | €3,340 | €2,210 | -€1,130 | -33.8% |
| Furniture and vehicles | 24 | €20,307 | €12,478 | -€7,829 | -38.6% |
| Other tangible fixed assets | 26 | €3,208 | €2,567 | -€642 | -20.0% |
| Current assets | 29/58 | €86,749 | €120,915 | +€34,166 | +39.4% |
| Stocks and contracts in progress | 3 | €535 | €375 | -€160 | -29.9% |
| Stocks | 30/36 | €535 | €375 | -€160 | -29.9% |
| Amounts receivable within one year | 40/41 | €26,970 | €16,604 | -€10,366 | -38.4% |
| Trade receivables | 40 | €3,674 | €2,517 | -€1,156 | -31.5% |
| Other amounts receivable | 41 | €23,296 | €14,087 | -€9,209 | -39.5% |
| Cash at bank and in hand | 54/58 | €59,244 | €98,485 | +€39,241 | +66.2% |
| Deferred charges and accrued income | 490/1 | - | €5,450 | +€5,450 | |
| Total equity and liabilities | 10/49 | €176,915 | €187,006 | +€10,091 | +5.7% |
| Equity | 10/15 | €79,511 | €88,692 | +€9,181 | +11.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,658 | €32,839 | +€9,181 | +38.8% |
| Distributable reserves | 133 | €23,658 | €32,839 | +€9,181 | +38.8% |
| Profit (loss) carried forward | 14 | €49,654 | €49,654 | = | 0.0% |
| Amounts payable | 17/49 | €97,404 | €98,314 | +€910 | +0.9% |
| Amounts payable after more than one year | 17 | €57,637 | €52,564 | -€5,073 | -8.8% |
| Financial debts | 170/4 | €57,637 | €52,564 | -€5,073 | -8.8% |
| Amounts payable within one year | 42/48 | €39,766 | €45,749 | +€5,983 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €7,999 | €6,551 | -€1,449 | -18.1% |
| Trade debts | 44 | €17,685 | €21,385 | +€3,699 | +20.9% |
| Suppliers | 440/4 | €17,685 | €21,385 | +€3,699 | +20.9% |
| Taxes, remuneration and social security | 45 | €14,081 | €17,814 | +€3,733 | +26.5% |
| Taxes | 450/3 | €12,816 | €17,632 | +€4,816 | +37.6% |
| Remuneration and social security | 454/9 | €1,265 | €182 | -€1,083 | -85.6% |
| Remuneration, social security and pensions | 62 | €39,850 | €38,226 | -€1,624 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,647 | €24,075 | -€2,572 | -9.7% |
| Other operating charges | 640/8 | €3,079 | €2,992 | -€87 | -2.8% |
| Gross operating margin | 9900 | €125,376 | €77,652 | -€47,724 | -38.1% |
| Operating profit (loss) | 9901 | €55,800 | €12,359 | -€43,441 | -77.9% |
| Financial income | 75/76B | €0 | €2,087 | +€2,087 | +2,318,711% |
| Recurring financial income | 75 | €0 | €2,087 | +€2,087 | +2,318,711% |
| Financial charges | 65/66B | €1,694 | €403 | -€1,291 | -76.2% |
| Recurring financial charges | 65 | €1,694 | €403 | -€1,291 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €54,106 | €14,043 | -€40,063 | -74.0% |
| Income taxes | 67/77 | €12,852 | €4,862 | -€7,990 | -62.2% |
| Profit (loss) for the period | 9904 | €41,254 | €9,181 | -€32,073 | -77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,254 | €9,181 | -€32,073 | -77.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.