DE PERRO CORTES: 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.
DE PERRO CORTES
Largest movements
- Receivables within one year +€30,576
up €30,576 (+318%), from €9,621 to €40,197
of which Trade receivables: +€34,192
- Cash +€19,198
up €19,198 (+1,920%), from €1,000 to €20,197
mainly Net result for the year (+€59,788) and Depreciation (+€30,056)
- Receivables after one year +€15,600
up €15,600 (+118%), from €13,200 to €28,800
of which Other amounts receivable: +€28,800
- Tangible fixed assets -€5,666
down €5,666 (-4.1%), from €138,437 to €132,771
of which Furniture and vehicles: -€8,510
- Reserves +€59,788
up €59,788 (+53.9%), from €110,871 to €170,659
- Debts after one year -€20,335
down €20,335 (-41.3%), from €49,216 to €28,881
- Trade debts +€9,428
up €9,428 (+120%), from €7,877 to €17,305
- Tax, wage and social debts +€8,650
up €8,650 (+134%), from €6,474 to €15,125
- Gross operating margin +€47,802
up €47,802 (+72.0%), from €66,407 to €114,209
- Taxes +€14,438
up €14,438 (+191%), from €7,548 to €21,986
- Depreciation +€3,327
up €3,327 (+12.4%), from €26,729 to €30,056
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 | €226,761 | €286,505 | +€59,745 | +26.3% |
| Fixed assets | 21/28 | €138,437 | €132,771 | -€5,666 | -4.1% |
| Tangible fixed assets | 22/27 | €138,437 | €132,771 | -€5,666 | -4.1% |
| Plant, machinery and equipment | 23 | €106,799 | €109,642 | +€2,844 | +2.7% |
| Furniture and vehicles | 24 | €31,639 | €23,128 | -€8,510 | -26.9% |
| Current assets | 29/58 | €88,324 | €153,735 | +€65,411 | +74.1% |
| Amounts receivable after more than one year | 29 | €13,200 | €28,800 | +€15,600 | +118% |
| Trade receivables | 290 | €13,200 | €0 | -€13,200 | -100% |
| Other amounts receivable | 291 | - | €28,800 | +€28,800 | |
| Stocks and contracts in progress | 3 | €64,503 | €63,096 | -€1,407 | -2.2% |
| Stocks | 30/36 | €64,503 | €63,096 | -€1,407 | -2.2% |
| Amounts receivable within one year | 40/41 | €9,621 | €40,197 | +€30,576 | +318% |
| Trade receivables | 40 | €2,164 | €36,356 | +€34,192 | +1,580% |
| Other amounts receivable | 41 | €7,457 | €3,840 | -€3,616 | -48.5% |
| Cash at bank and in hand | 54/58 | €1,000 | €20,197 | +€19,198 | +1,920% |
| Deferred charges and accrued income | 490/1 | €0 | €1,445 | +€1,445 | |
| Total equity and liabilities | 10/49 | €226,761 | €286,505 | +€59,745 | +26.3% |
| Equity | 10/15 | €129,471 | €189,259 | +€59,788 | +46.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,871 | €170,659 | +€59,788 | +53.9% |
| Distributable reserves | 133 | €110,871 | €170,659 | +€59,788 | +53.9% |
| Amounts payable | 17/49 | €97,290 | €97,247 | -€43 | 0.0% |
| Amounts payable after more than one year | 17 | €49,216 | €28,881 | -€20,335 | -41.3% |
| Financial debts | 170/4 | €49,216 | €28,881 | -€20,335 | -41.3% |
| Amounts payable within one year | 42/48 | €48,074 | €68,366 | +€20,292 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €20,083 | €21,554 | +€1,471 | +7.3% |
| Trade debts | 44 | €7,877 | €17,305 | +€9,428 | +120% |
| Suppliers | 440/4 | €7,877 | €17,305 | +€9,428 | +120% |
| Advances received on contracts in progress | 46 | €8,000 | €9,500 | +€1,500 | +18.8% |
| Taxes, remuneration and social security | 45 | €6,474 | €15,125 | +€8,650 | +134% |
| Taxes | 450/3 | €6,474 | €15,125 | +€8,650 | +134% |
| Other amounts payable | 47/48 | €5,640 | €4,882 | -€757 | -13.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,729 | €30,056 | +€3,327 | +12.4% |
| Other operating charges | 640/8 | €844 | €773 | -€71 | -8.4% |
| Non-recurring operating charges | 66A | €10,301 | €0 | -€10,301 | -100% |
| Gross operating margin | 9900 | €66,407 | €114,209 | +€47,802 | +72.0% |
| Operating profit (loss) | 9901 | €28,533 | €83,380 | +€54,847 | +192% |
| Financial income | 75/76B | €30 | €136 | +€106 | +357% |
| Recurring financial income | 75 | €30 | €136 | +€106 | +357% |
| Financial charges | 65/66B | €1,703 | €1,743 | +€40 | +2.3% |
| Recurring financial charges | 65 | €1,703 | €1,743 | +€40 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €26,860 | €81,774 | +€54,914 | +204% |
| Income taxes | 67/77 | €7,548 | €21,986 | +€14,438 | +191% |
| Profit (loss) for the period | 9904 | €19,312 | €59,788 | +€40,475 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €19,312 | €59,788 | +€40,475 | +210% |
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 20 October 2026 via checked.be.