PETERNEELS: 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.
PETERNEELS
Largest movements
- Tangible fixed assets -€22,305
down €22,305 (-2.3%), from €951,036 to €928,730
of which Land and buildings: -€29,949
- Debts after one year -€28,443
down €28,443 (-3.8%), from €742,146 to €713,703
- Profit (loss) carried forward +€14,376
up €14,376 (+17.9%), from €80,394 to €94,770
- Taxes -€7,688
down €7,688, from €1,673 to -€6,016
- Depreciation -€2,554
down €2,554 (-7.3%), from €34,953 to €32,399
- Other operating charges +€2,068
up €2,068 (+80.1%), from €2,580 to €4,648
- Gross operating margin +€1,030
up €1,030 (+2.3%), from €44,866 to €45,897
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 | €969,935 | €940,831 | -€29,104 | -3.0% |
| Fixed assets | 21/28 | €951,686 | €929,380 | -€22,305 | -2.3% |
| Tangible fixed assets | 22/27 | €951,036 | €928,730 | -€22,305 | -2.3% |
| Land and buildings | 22 | €936,080 | €906,130 | -€29,949 | -3.2% |
| Plant, machinery and equipment | 23 | €14,956 | €22,600 | +€7,644 | +51.1% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €18,249 | €11,451 | -€6,799 | -37.3% |
| Amounts receivable within one year | 40/41 | €2,315 | €827 | -€1,488 | -64.3% |
| Other amounts receivable | 41 | €2,315 | €827 | -€1,488 | -64.3% |
| Cash at bank and in hand | 54/58 | €15,713 | €8,150 | -€7,563 | -48.1% |
| Deferred charges and accrued income | 490/1 | €221 | €2,473 | +€2,253 | +1,020% |
| Total equity and liabilities | 10/49 | €969,935 | €940,831 | -€29,104 | -3.0% |
| Equity | 10/15 | €107,844 | €122,220 | +€14,376 | +13.3% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €7,950 | €7,950 | = | 0.0% |
| Distributable reserves | 133 | €7,950 | €7,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,394 | €94,770 | +€14,376 | +17.9% |
| Amounts payable | 17/49 | €862,091 | €818,611 | -€43,480 | -5.0% |
| Amounts payable after more than one year | 17 | €742,146 | €713,703 | -€28,443 | -3.8% |
| Financial debts | 170/4 | €742,146 | €713,703 | -€28,443 | -3.8% |
| Amounts payable within one year | 42/48 | €118,694 | €104,908 | -€13,787 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €18,026 | €11,894 | -€6,133 | -34.0% |
| Trade debts | 44 | €150 | - | -€150 | |
| Suppliers | 440/4 | €150 | - | -€150 | |
| Taxes, remuneration and social security | 45 | €9,735 | €2,231 | -€7,504 | -77.1% |
| Taxes | 450/3 | €9,735 | €2,231 | -€7,504 | -77.1% |
| Other amounts payable | 47/48 | €90,783 | €90,783 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,953 | €32,399 | -€2,554 | -7.3% |
| Other operating charges | 640/8 | €2,580 | €4,648 | +€2,068 | +80.1% |
| Gross operating margin | 9900 | €44,866 | €45,897 | +€1,030 | +2.3% |
| Operating profit (loss) | 9901 | €7,333 | €8,849 | +€1,516 | +20.7% |
| Financial charges | 65/66B | €645 | €490 | -€155 | -24.1% |
| Recurring financial charges | 65 | €645 | €490 | -€155 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €6,688 | €8,360 | +€1,671 | +25.0% |
| Income taxes | 67/77 | €1,673 | -€6,016 | -€7,688 | |
| Profit (loss) for the period | 9904 | €5,016 | €14,376 | +€9,360 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €5,016 | €14,376 | +€9,360 | +187% |
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.