Tom Peeters Consulting: 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.
Tom Peeters Consulting
Largest movements
- Cash +€9,174
up €9,174 (+8.3%), from €110,478 to €119,653
mainly Net result for the year (+€48,738) and Receivables within one year (+€2,989)
- Receivables within one year -€2,989
no longer reported in 2025 (was €2,989)
of which Other amounts receivable: -€2,227
- Tangible fixed assets +€2,839
new in 2025: €2,839
- Profit (loss) carried forward +€23,738
up €23,738 (+61.0%), from €38,902 to €62,640
- Tax, wage and social debts -€9,389
down €9,389 (-27.5%), from €34,162 to €24,773
- Trade debts -€7,172
down €7,172 (-90.1%), from €7,956 to €784
- Accrued charges and deferred income +€2,000
up €2,000 (+57.1%), from €3,500 to €5,500
- Gross operating margin +€12,886
up €12,886 (+24.1%), from €53,487 to €66,374
- Taxes +€3,681
up €3,681 (+33.0%), from €11,161 to €14,842
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 | €114,777 | €123,955 | +€9,177 | +8.0% |
| Fixed assets | 21/28 | - | €2,839 | +€2,839 | |
| Tangible fixed assets | 22/27 | - | €2,839 | +€2,839 | |
| Furniture and vehicles | 24 | - | €2,839 | +€2,839 | |
| Current assets | 29/58 | €114,777 | €121,116 | +€6,338 | +5.5% |
| Amounts receivable within one year | 40/41 | €2,989 | - | -€2,989 | |
| Trade receivables | 40 | €761 | - | -€761 | |
| Other amounts receivable | 41 | €2,227 | - | -€2,227 | |
| Cash at bank and in hand | 54/58 | €110,478 | €119,653 | +€9,174 | +8.3% |
| Deferred charges and accrued income | 490/1 | €1,310 | €1,463 | +€153 | +11.7% |
| Total equity and liabilities | 10/49 | €114,777 | €123,955 | +€9,177 | +8.0% |
| Equity | 10/15 | €69,159 | €92,897 | +€23,738 | +34.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €26,257 | €26,257 | = | 0.0% |
| Distributable reserves | 133 | €26,257 | €26,257 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,902 | €62,640 | +€23,738 | +61.0% |
| Amounts payable | 17/49 | €45,618 | €31,058 | -€14,560 | -31.9% |
| Amounts payable within one year | 42/48 | €42,118 | €25,558 | -€16,560 | -39.3% |
| Trade debts | 44 | €7,956 | €784 | -€7,172 | -90.1% |
| Suppliers | 440/4 | €7,956 | €784 | -€7,172 | -90.1% |
| Taxes, remuneration and social security | 45 | €34,162 | €24,773 | -€9,389 | -27.5% |
| Taxes | 450/3 | €34,162 | €24,773 | -€9,389 | -27.5% |
| Accrued charges and deferred income | 492/3 | €3,500 | €5,500 | +€2,000 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €292 | +€292 | |
| Other operating charges | 640/8 | €1,087 | €530 | -€558 | -51.3% |
| Gross operating margin | 9900 | €53,487 | €66,374 | +€12,886 | +24.1% |
| Operating profit (loss) | 9901 | €52,400 | €65,553 | +€13,153 | +25.1% |
| Financial charges | 65/66B | €2,337 | €1,973 | -€364 | -15.6% |
| Recurring financial charges | 65 | €2,337 | €1,973 | -€364 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €50,063 | €63,579 | +€13,516 | +27.0% |
| Income taxes | 67/77 | €11,161 | €14,842 | +€3,681 | +33.0% |
| Profit (loss) for the period | 9904 | €38,902 | €48,738 | +€9,836 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,902 | €48,738 | +€9,836 | +25.3% |
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 21 October 2026 via checked.be.