WIES PEETERS: 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.
WIES PEETERS
Largest movements
- Cash +€11,820
up €11,820 (+296%), from €3,987 to €15,808
mainly Depreciation (+€7,342) and Net result for the year (+€5,569)
- Receivables within one year -€4,451
down €4,451 (-70.5%), from €6,317 to €1,866
of which Other amounts receivable: -€2,792
- Deferred charges and accrued income +€427
up €427 (+46.8%), from €913 to €1,340
- Tangible fixed assets +€426
up €426 (+3.2%), from €13,460 to €13,885
of which Plant, machinery and equipment: +€4,759
- Tax, wage and social debts +€5,116
up €5,116, from €0 to €5,116
of which Taxes: +€2,916
- Other debts +€2,387
up €2,387 (+75.0%), from €3,182 to €5,569
- Trade debts +€719
up €719 (+2,772%), from €26 to €745
- Gross operating margin +€3,856
up €3,856 (+31.2%), from €12,370 to €16,226
- Taxes +€809
up €809 (+60.1%), from €1,347 to €2,156
- Depreciation +€669
up €669 (+10.0%), from €6,673 to €7,342
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 | €24,677 | €32,899 | +€8,222 | +33.3% |
| Fixed assets | 21/28 | €13,460 | €13,885 | +€426 | +3.2% |
| Tangible fixed assets | 22/27 | €13,460 | €13,885 | +€426 | +3.2% |
| Plant, machinery and equipment | 23 | €5,790 | €10,549 | +€4,759 | +82.2% |
| Furniture and vehicles | 24 | €7,669 | €3,336 | -€4,333 | -56.5% |
| Current assets | 29/58 | €11,218 | €19,014 | +€7,796 | +69.5% |
| Amounts receivable within one year | 40/41 | €6,317 | €1,866 | -€4,451 | -70.5% |
| Trade receivables | 40 | €1,907 | €248 | -€1,660 | -87.0% |
| Other amounts receivable | 41 | €4,410 | €1,618 | -€2,792 | -63.3% |
| Cash at bank and in hand | 54/58 | €3,987 | €15,808 | +€11,820 | +296% |
| Deferred charges and accrued income | 490/1 | €913 | €1,340 | +€427 | +46.8% |
| Total equity and liabilities | 10/49 | €24,677 | €32,899 | +€8,222 | +33.3% |
| Equity | 10/15 | €21,470 | €21,470 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €19,470 | €19,470 | = | 0.0% |
| Distributable reserves | 133 | €19,470 | €19,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,208 | €11,430 | +€8,222 | +256% |
| Amounts payable within one year | 42/48 | €3,208 | €11,430 | +€8,222 | +256% |
| Trade debts | 44 | €26 | €745 | +€719 | +2,772% |
| Suppliers | 440/4 | €26 | €745 | +€719 | +2,772% |
| Taxes, remuneration and social security | 45 | €0 | €5,116 | +€5,116 | |
| Taxes | 450/3 | €0 | €2,916 | +€2,916 | |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €3,182 | €5,569 | +€2,387 | +75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,673 | €7,342 | +€669 | +10.0% |
| Other operating charges | 640/8 | €1,071 | €1,102 | +€31 | +2.9% |
| Gross operating margin | 9900 | €12,370 | €16,226 | +€3,856 | +31.2% |
| Operating profit (loss) | 9901 | €4,626 | €7,782 | +€3,156 | +68.2% |
| Financial income | 75/76B | €110 | €0 | -€110 | -99.9% |
| Recurring financial income | 75 | €110 | €0 | -€110 | -99.9% |
| Financial charges | 65/66B | €207 | €57 | -€150 | -72.4% |
| Recurring financial charges | 65 | €207 | €57 | -€150 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €4,529 | €7,725 | +€3,196 | +70.6% |
| Income taxes | 67/77 | €1,347 | €2,156 | +€809 | +60.1% |
| Profit (loss) for the period | 9904 | €3,182 | €5,569 | +€2,387 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,182 | €5,569 | +€2,387 | +75.0% |
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 27 October 2026 via checked.be.