PETERSIME: 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.
What changed
PETERSIME
NACE 28.300, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€34.4m
2024 · €17.2m+€17.2m
Equity
€23.5m
2024 · €51.8m-€28.3m
Cash
€7.1m
2024 · €9.1m-€2.0m
Balance sheet total
€96.7m
2024 · €94.5m+€2.2m
Largest movements
Assets
- Financial fixed assets -€12.4m
down €12.4m (-29.8%), from €41.7m to €29.3m
of which Affiliated companies: -€12.5m
- Receivables within one year +€10.6m
up €10.6m (+44.6%), from €23.9m to €34.5m
of which Other amounts receivable: +€11.5m
- Intangible fixed assets +€3.7m
up €3.7m (+128%), from €2.9m to €6.5m
- Tangible fixed assets +€3.3m
up €3.3m (+48.3%), from €6.9m to €10.2m
- Cash -€2.0m
down €2.0m (-22.4%), from €9.1m to €7.1m
mainly Contributions, distributions and other (-€62.7m) and Receivables within one year (-€10.6m)
Equity and liabilities
- Profit (loss) carried forward -€28.3m
down €28.3m (-57.2%), from €49.4m to €21.1m
- Other debts +€11.3m
up €11.3m (+1,343%), from €844,763 to €12.2m
- Debts after one year +€8.3m
new in 2025: €8.3m
- Advances received +€5.6m
up €5.6m (+24.9%), from €22.7m to €28.3m
- Provisions +€3.2m
up €3.2m (+126%), from €2.5m to €5.7m
Income statement
- Turnover +€43.4m
up €43.4m (+45.4%), from €95.5m to €138.9m
- Goods and materials +€9.4m
up €9.4m (+23.9%), from €39.3m to €48.7m
of which Purchases: +€9.4m
- Services and other goods +€7.7m
up €7.7m (+34.9%), from €22.0m to €29.6m
- Taxes +€3.5m
up €3.5m (+125%), from €2.8m to €6.2m
of which Taxes: +€3.5m
- Provisions +€2.9m
up €2.9m (+1,134%), from €256,295 to €3.2m
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.
Result 2024
€17.2m
Turnover
+€43.4m
Other operating income
+€95,314
Goods and materials
-€9.4m
Services and other goods
-€7.7m
Staff costs
-€1.8m
Depreciation
-€477,572
Write-downs
-€430,131
Provisions
-€2.9m
Other operating charges
+€725,739
Other operating items
-€273,607
Financial income
-€302,207
Financial charges
-€408,163
Taxes
-€3.5m
Result 2025
€34.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€48.8m
Investment
+€3.6m
Financing
-€54.4m
Cash 2024
€9.1m
From operations (derived)
+€48.8m
Net result for the year
+€34.4m
Depreciation
+€1.8m
Stocks and contracts
+€727,234
Receivables within one year
-€10.6m
Deferred charges and accrued income
+€192,540
Provisions
+€3.2m
Trade debts
+€842,345
Tax, wage and social debts
+€1.4m
Advances received
+€5.6m
Other debts
+€11.3m
Accrued charges and deferred income
-€116,507
Investment (derived)
+€3.6m
Investment in fixed assets (net)
+€3.6m
Financing
-€54.4m
Debts after one year
+€8.3m
Contributions, distributions and other
-€62.7m
Cash 2025
€7.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,466,418 | €96,710,090 | +€2.2m | +2.4% |
| Fixed assets | 21/28 | €51,453,509 | €46,030,254 | -€5.4m | -10.5% |
| Intangible fixed assets | 21 | €2,867,367 | €6,544,265 | +€3.7m | +128% |
| Tangible fixed assets | 22/27 | €6,900,473 | €10,233,547 | +€3.3m | +48.3% |
| Land and buildings | 22 | €3,446,268 | €4,651,723 | +€1.2m | +35.0% |
| Plant, machinery and equipment | 23 | €2,987,222 | €3,899,217 | +€911,995 | +30.5% |
| Furniture and vehicles | 24 | €466,983 | €445,570 | -€21,413 | -4.6% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €1,237,037 | +€1.2m | |
| Financial fixed assets | 28 | €41,685,669 | €29,252,442 | -€12.4m | -29.8% |
| Affiliated companies | 280/1 | €41,644,363 | €29,178,333 | -€12.5m | -29.9% |
| Participating interests | 280 | €38,987,928 | €29,178,333 | -€9.8m | -25.2% |
| Amounts receivable | 281 | €2,656,435 | €0 | -€2.7m | -100% |
| Other financial fixed assets | 284/8 | €41,306 | €74,109 | +€32,803 | +79.4% |
| Amounts receivable and cash guarantees | 285/8 | €41,306 | €74,109 | +€32,803 | +79.4% |
| Current assets | 29/58 | €43,012,909 | €50,679,836 | +€7.7m | +17.8% |
| Stocks and contracts in progress | 3 | €9,422,424 | €8,695,190 | -€727,234 | -7.7% |
| Stocks | 30/36 | €9,422,424 | €8,695,190 | -€727,234 | -7.7% |
| Raw materials and consumables | 30/31 | €5,585,624 | €5,436,194 | -€149,430 | -2.7% |
| Work in progress | 32 | €886,181 | €913,187 | +€27,006 | +3.0% |
| Finished goods | 33 | €2,484,582 | €2,066,057 | -€418,525 | -16.8% |
| Goods purchased for resale | 34 | €466,037 | €279,752 | -€186,285 | -40.0% |
| Amounts receivable within one year | 40/41 | €23,852,315 | €34,479,107 | +€10.6m | +44.6% |
| Trade receivables | 40 | €21,885,635 | €21,048,893 | -€836,742 | -3.8% |
| Other amounts receivable | 41 | €1,966,680 | €13,430,214 | +€11.5m | +583% |
| Cash at bank and in hand | 54/58 | €9,105,847 | €7,065,756 | -€2.0m | -22.4% |
| Deferred charges and accrued income | 490/1 | €632,323 | €439,783 | -€192,540 | -30.4% |
| Total equity and liabilities | 10/49 | €94,466,418 | €96,710,090 | +€2.2m | +2.4% |
| Equity | 10/15 | €51,774,166 | €23,466,732 | -€28.3m | -54.7% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €1,574,452 | €1,574,452 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,471 | €80,471 | = | 0.0% |
| Legal reserve | 130 | €75,000 | €75,000 | = | 0.0% |
| Other | 1319 | €5,471 | €5,471 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,433 | €6,433 | = | 0.0% |
| Distributable reserves | 133 | €1,487,548 | €1,487,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,449,714 | €21,142,280 | -€28.3m | -57.2% |
| Provisions and deferred taxes | 16 | €2,506,912 | €5,668,530 | +€3.2m | +126% |
| Provisions for liabilities and charges | 160/5 | €2,506,912 | €5,668,530 | +€3.2m | +126% |
| Pensions and similar obligations | 160 | €30,400 | €14,638 | -€15,762 | -51.8% |
| Other liabilities and charges | 164/5 | €2,476,512 | €5,653,892 | +€3.2m | +128% |
| Amounts payable | 17/49 | €40,185,340 | €67,574,828 | +€27.4m | +68.2% |
| Amounts payable after more than one year | 17 | - | €8,280,144 | +€8.3m | |
| Financial debts | 170/4 | - | €8,280,144 | +€8.3m | |
| Other loans | 174 | - | €8,280,144 | +€8.3m | |
| Amounts payable within one year | 42/48 | €36,463,195 | €55,689,046 | +€19.2m | +52.7% |
| Trade debts | 44 | €8,589,182 | €9,431,527 | +€842,345 | +9.8% |
| Suppliers | 440/4 | €8,589,182 | €9,431,527 | +€842,345 | +9.8% |
| Advances received on contracts in progress | 46 | €22,688,538 | €28,328,398 | +€5.6m | +24.9% |
| Taxes, remuneration and social security | 45 | €4,340,712 | €5,743,121 | +€1.4m | +32.3% |
| Taxes | 450/3 | €28,520 | €841,280 | +€812,760 | +2,850% |
| Remuneration and social security | 454/9 | €4,312,192 | €4,901,841 | +€589,649 | +13.7% |
| Other amounts payable | 47/48 | €844,763 | €12,186,000 | +€11.3m | +1,343% |
| Accrued charges and deferred income | 492/3 | €3,722,145 | €3,605,638 | -€116,507 | -3.1% |
| Operating income | 70/76A | €100,355,934 | €143,572,084 | +€43.2m | +43.1% |
| Turnover | 70 | €95,523,694 | €138,918,137 | +€43.4m | +45.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €220,056 | -€374,808 | -€594,864 | |
| Own construction capitalised | 72 | €2,389,557 | €2,711,326 | +€321,769 | +13.5% |
| Other operating income | 74 | €2,222,115 | €2,317,429 | +€95,314 | +4.3% |
| Non-recurring operating income | 76A | €512 | €0 | -€512 | -100% |
| Operating charges | 60/66A | €81,611,866 | €103,513,486 | +€21.9m | +26.8% |
| Goods for resale, raw materials and consumables | 60 | €39,312,750 | €48,717,218 | +€9.4m | +23.9% |
| Purchases | 600/8 | €39,101,483 | €48,484,276 | +€9.4m | +24.0% |
| Change in stocks: decrease (increase) | 609 | €211,267 | €232,942 | +€21,675 | +10.3% |
| Services and other goods | 61 | €21,960,691 | €29,616,749 | +€7.7m | +34.9% |
| Remuneration, social security and pensions | 62 | €17,701,255 | €19,455,038 | +€1.8m | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,371,960 | €1,849,532 | +€477,572 | +34.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€59,668 | €370,463 | +€430,131 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €256,295 | €3,161,642 | +€2.9m | +1,134% |
| Other operating charges | 640/8 | €1,068,583 | €342,844 | -€725,739 | -67.9% |
| Operating profit (loss) | 9901 | €18,744,068 | €40,058,598 | +€21.3m | +114% |
| Financial income | 75/76B | €2,826,089 | €2,523,882 | -€302,207 | -10.7% |
| Recurring financial income | 75 | €2,089,089 | €2,523,882 | +€434,793 | +20.8% |
| Income from financial fixed assets | 750 | €1,338,407 | €1,699,960 | +€361,553 | +27.0% |
| Income from current assets | 751 | €444,707 | €348,149 | -€96,558 | -21.7% |
| Other financial income | 752/9 | €305,975 | €475,773 | +€169,798 | +55.5% |
| Non-recurring financial income | 76B | €737,000 | €0 | -€737,000 | -100% |
| Financial charges | 65/66B | €1,586,225 | €1,994,388 | +€408,163 | +25.7% |
| Recurring financial charges | 65 | €741,686 | €1,885,101 | +€1.1m | +154% |
| Debt charges | 650 | €166,014 | €232,226 | +€66,212 | +39.9% |
| Other financial charges | 652/9 | €575,672 | €1,652,875 | +€1.1m | +187% |
| Non-recurring financial charges | 66B | €844,539 | €109,287 | -€735,252 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | €19,983,932 | €40,588,092 | +€20.6m | +103% |
| Income taxes | 67/77 | €2,757,152 | €6,209,526 | +€3.5m | +125% |
| Taxes | 670/3 | €2,757,154 | €6,209,526 | +€3.5m | +125% |
| Tax adjustments and reversals of tax provisions | 77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | €17,226,780 | €34,378,566 | +€17.2m | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,226,780 | €34,378,566 | +€17.2m | +99.6% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.