TIMMERWERKEN PEETERS: what changed
Two fiscal 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.
TIMMERWERKEN PEETERS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€8,872
up €8,872, from -€7,717 to €1,155
- Depreciation -€5,324
down €5,324 (-88.3%), from €6,031 to €707
- Financial charges -€3,134
down €3,134 (-96.4%), from €3,252 to €118
- Other operating charges -€464
down €464 (-35.4%), from €1,310 to €846
- Staff costs -€252
down €252 (-100.0%), from €252 to €0
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,772 | €147,074 | -€697 | -0.5% |
| Fixed assets | 21/28 | €113,044 | €111,866 | -€1,178 | -1.0% |
| Tangible fixed assets | 22/27 | €1,093 | €387 | -€707 | -64.6% |
| Land and buildings | 22 | €1,093 | €387 | -€707 | -64.6% |
| Financial fixed assets | 28 | €111,951 | €111,480 | -€471 | -0.4% |
| Current assets | 29/58 | €34,727 | €35,208 | +€481 | +1.4% |
| Stocks and contracts in progress | 3 | €5,500 | €5,500 | = | 0.0% |
| Stocks | 30/36 | €5,500 | €5,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,690 | €28,298 | +€608 | +2.2% |
| Trade receivables | 40 | €23,582 | €23,390 | -€192 | -0.8% |
| Other amounts receivable | 41 | €4,108 | €4,908 | +€800 | +19.5% |
| Cash at bank and in hand | 54/58 | €1,537 | €1,410 | -€127 | -8.3% |
| Total equity and liabilities | 10/49 | €147,772 | €147,074 | -€697 | -0.5% |
| Equity | 10/15 | €70,574 | €70,058 | -€515 | -0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €105,860 | €105,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €104,000 | €104,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,486 | -€42,002 | -€515 | -1.2% |
| Provisions and deferred taxes | 16 | €75,000 | €75,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €75,000 | €75,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,198 | €2,016 | -€182 | -8.3% |
| Amounts payable within one year | 42/48 | €2,198 | €2,016 | -€182 | -8.3% |
| Trade debts | 44 | €2,198 | €1,986 | -€212 | -9.6% |
| Suppliers | 440/4 | €2,198 | €1,986 | -€212 | -9.6% |
| Advances received on contracts in progress | 46 | - | €30 | +€30 | |
| Remuneration, social security and pensions | 62 | €252 | €0 | -€252 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,031 | €707 | -€5,324 | -88.3% |
| Other operating charges | 640/8 | €1,310 | €846 | -€464 | -35.4% |
| Gross operating margin | 9900 | -€7,717 | €1,155 | +€8,872 | |
| Operating profit (loss) | 9901 | -€15,310 | -€398 | +€14,912 | +97.4% |
| Financial charges | 65/66B | €3,252 | €118 | -€3,134 | -96.4% |
| Recurring financial charges | 65 | €3,252 | €118 | -€3,134 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,562 | -€515 | +€18,046 | +97.2% |
| Profit (loss) for the period | 9904 | -€18,562 | -€515 | +€18,046 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,562 | -€515 | +€18,046 | +97.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.