THEUNISSEN PETER: what changed
THEUNISSEN PETER
Largest movements
- Tangible fixed assets -€38,163
down €38,163 (-20.2%), from €189,242 to €151,079
of which Plant, machinery and equipment: -€29,010
- Stocks and contracts +€25,620
new in 2025: €25,620
- Cash -€20,378
down €20,378 (-58.0%), from €35,136 to €14,757
mainly Stocks and contracts (-€25,620) and Current portion of long-term debt (-€20,066)
- Receivables within one year +€4,357
up €4,357 (+57.5%), from €7,584 to €11,942
of which Other amounts receivable: +€3,622
- Current portion of long-term debt -€20,066
down €20,066 (-57.1%), from €35,141 to €15,075
- Debts after one year -€15,075
down €15,075 (-34.1%), from €44,150 to €29,075
- Other debts +€10,199
up €10,199 (+226%), from €4,508 to €14,707
- Trade debts -€5,562
down €5,562 (-9.6%), from €58,189 to €52,627
- Reserves +€3,392
up €3,392 (+4.6%), from €73,898 to €77,291
- Gross operating margin +€13,109
up €13,109 (+24.2%), from €54,204 to €67,312
- Depreciation +€5,065
up €5,065 (+10.2%), from €49,594 to €54,659
- Taxes +€1,847
up €1,847 (+629%), from €294 to €2,141
- Financial charges +€1,503
up €1,503 (+133%), from €1,126 to €2,630
- Other operating charges +€1,455
up €1,455 (+64.2%), from €2,265 to €3,720
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 | €235,179 | €207,375 | -€27,804 | -11.8% |
| Fixed assets | 21/28 | €189,242 | €151,079 | -€38,163 | -20.2% |
| Tangible fixed assets | 22/27 | €189,242 | €151,079 | -€38,163 | -20.2% |
| Land and buildings | 22 | €79,241 | €73,055 | -€6,186 | -7.8% |
| Plant, machinery and equipment | 23 | €102,274 | €73,264 | -€29,010 | -28.4% |
| Furniture and vehicles | 24 | €2,197 | €4,760 | +€2,562 | +117% |
| Leasing and similar rights | 25 | €5,529 | €0 | -€5,529 | -100% |
| Current assets | 29/58 | €45,938 | €56,297 | +€10,359 | +22.6% |
| Stocks and contracts in progress | 3 | - | €25,620 | +€25,620 | |
| Stocks | 30/36 | - | €25,620 | +€25,620 | |
| Amounts receivable within one year | 40/41 | €7,584 | €11,942 | +€4,357 | +57.5% |
| Trade receivables | 40 | €367 | €1,102 | +€735 | +201% |
| Other amounts receivable | 41 | €7,218 | €10,840 | +€3,622 | +50.2% |
| Cash at bank and in hand | 54/58 | €35,136 | €14,757 | -€20,378 | -58.0% |
| Deferred charges and accrued income | 490/1 | €3,218 | €3,977 | +€760 | +23.6% |
| Total equity and liabilities | 10/49 | €235,179 | €207,375 | -€27,804 | -11.8% |
| Equity | 10/15 | €92,498 | €95,891 | +€3,392 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,898 | €77,291 | +€3,392 | +4.6% |
| Distributable reserves | 133 | €73,898 | €77,291 | +€3,392 | +4.6% |
| Amounts payable | 17/49 | €142,681 | €111,485 | -€31,196 | -21.9% |
| Amounts payable after more than one year | 17 | €44,150 | €29,075 | -€15,075 | -34.1% |
| Financial debts | 170/4 | €44,150 | €29,075 | -€15,075 | -34.1% |
| Amounts payable within one year | 42/48 | €98,531 | €82,410 | -€16,121 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €35,141 | €15,075 | -€20,066 | -57.1% |
| Trade debts | 44 | €58,189 | €52,627 | -€5,562 | -9.6% |
| Suppliers | 440/4 | €58,189 | €52,627 | -€5,562 | -9.6% |
| Advances received on contracts in progress | 46 | €403 | €0 | -€403 | -100% |
| Taxes, remuneration and social security | 45 | €291 | €0 | -€291 | -100% |
| Taxes | 450/3 | €291 | €0 | -€291 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,508 | €14,707 | +€10,199 | +226% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,033 | €0 | -€1,033 | -100% |
| Remuneration, social security and pensions | 62 | €805 | €784 | -€20 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,594 | €54,659 | +€5,065 | +10.2% |
| Other operating charges | 640/8 | €2,265 | €3,720 | +€1,455 | +64.2% |
| Gross operating margin | 9900 | €54,204 | €67,312 | +€13,109 | +24.2% |
| Operating profit (loss) | 9901 | €1,540 | €8,150 | +€6,610 | +429% |
| Financial income | 75/76B | €43 | €13 | -€31 | -70.6% |
| Recurring financial income | 75 | €43 | €13 | -€31 | -70.6% |
| Financial charges | 65/66B | €1,126 | €2,630 | +€1,503 | +133% |
| Recurring financial charges | 65 | €1,126 | €2,630 | +€1,503 | +133% |
| Profit (loss) for the period before taxes | 9903 | €457 | €5,533 | +€5,076 | +1,111% |
| Income taxes | 67/77 | €294 | €2,141 | +€1,847 | +629% |
| Profit (loss) for the period | 9904 | €163 | €3,392 | +€3,229 | +1,976% |
| Profit (loss) for the period to be appropriated | 9905 | €163 | €3,392 | +€3,229 | +1,976% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.