DE PERSHOEK: 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 PERSHOEK
Largest movements
- Current investments +€315,000
new in 2025: €315,000
- Cash -€218,511
down €218,511 (-62.5%), from €349,823 to €131,312
mainly Current investments (-€315,000) and Contributions, distributions and other (-€145,014)
- Tangible fixed assets -€9,805
down €9,805 (-27.0%), from €36,357 to €26,552
- Receivables within one year +€8,026
up €8,026 (+3,133%), from €256 to €8,282
- Other debts +€122,122
up €122,122 (+93.4%), from €130,783 to €252,904
- Reserves -€41,640
down €41,640 (-13.5%), from €309,237 to €267,597
- Trade debts +€16,607
up €16,607 (+189%), from €8,808 to €25,415
- Advances received +€8,166
up €8,166 (+64.3%), from €12,699 to €20,865
- Tax, wage and social debts -€6,002
down €6,002 (-70.6%), from €8,503 to €2,501
- Staff costs -€4,589
no longer reported in 2025 (was €4,589)
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 | €498,056 | €593,748 | +€95,692 | +19.2% |
| Fixed assets | 21/28 | €36,862 | €27,056 | -€9,805 | -26.6% |
| Tangible fixed assets | 22/27 | €36,357 | €26,552 | -€9,805 | -27.0% |
| Plant, machinery and equipment | 23 | €10,540 | €7,786 | -€2,754 | -26.1% |
| Furniture and vehicles | 24 | €7,921 | €6,834 | -€1,087 | -13.7% |
| Leasing and similar rights | 25 | €9,368 | €5,850 | -€3,518 | -37.6% |
| Other tangible fixed assets | 26 | €8,527 | €6,081 | -€2,446 | -28.7% |
| Financial fixed assets | 28 | €505 | €505 | = | 0.0% |
| Current assets | 29/58 | €461,194 | €566,692 | +€105,498 | +22.9% |
| Stocks and contracts in progress | 3 | €108,826 | €110,358 | +€1,532 | +1.4% |
| Stocks | 30/36 | €108,826 | €110,358 | +€1,532 | +1.4% |
| Amounts receivable within one year | 40/41 | €256 | €8,282 | +€8,026 | +3,133% |
| Other amounts receivable | 41 | €256 | €8,282 | +€8,026 | +3,133% |
| Current investments | 50/53 | - | €315,000 | +€315,000 | |
| Cash at bank and in hand | 54/58 | €349,823 | €131,312 | -€218,511 | -62.5% |
| Deferred charges and accrued income | 490/1 | €2,289 | €1,740 | -€550 | -24.0% |
| Total equity and liabilities | 10/49 | €498,056 | €593,748 | +€95,692 | +19.2% |
| Equity | 10/15 | €327,837 | €286,197 | -€41,640 | -12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €309,237 | €267,597 | -€41,640 | -13.5% |
| Distributable reserves | 133 | €309,237 | €267,597 | -€41,640 | -13.5% |
| Amounts payable | 17/49 | €170,219 | €307,551 | +€137,332 | +80.7% |
| Amounts payable after more than one year | 17 | €5,863 | €2,345 | -€3,518 | -60.0% |
| Financial debts | 170/4 | €5,863 | €2,345 | -€3,518 | -60.0% |
| Amounts payable within one year | 42/48 | €164,311 | €305,204 | +€140,892 | +85.7% |
| Current portion of amounts payable after more than one year | 42 | €3,518 | €3,518 | = | 0.0% |
| Trade debts | 44 | €8,808 | €25,415 | +€16,607 | +189% |
| Suppliers | 440/4 | €8,808 | €25,415 | +€16,607 | +189% |
| Advances received on contracts in progress | 46 | €12,699 | €20,865 | +€8,166 | +64.3% |
| Taxes, remuneration and social security | 45 | €8,503 | €2,501 | -€6,002 | -70.6% |
| Taxes | 450/3 | €8,503 | €2,501 | -€6,002 | -70.6% |
| Other amounts payable | 47/48 | €130,783 | €252,904 | +€122,122 | +93.4% |
| Accrued charges and deferred income | 492/3 | €45 | €3 | -€42 | -93.6% |
| Remuneration, social security and pensions | 62 | €4,589 | - | -€4,589 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,000 | €13,968 | +€968 | +7.4% |
| Other operating charges | 640/8 | €1,277 | €1,429 | +€152 | +11.9% |
| Gross operating margin | 9900 | €159,260 | €160,065 | +€805 | +0.5% |
| Operating profit (loss) | 9901 | €140,395 | €144,668 | +€4,273 | +3.0% |
| Financial income | 75/76B | €5,230 | €5,616 | +€386 | +7.4% |
| Recurring financial income | 75 | €5,230 | €5,616 | +€386 | +7.4% |
| Financial charges | 65/66B | €7,677 | €6,105 | -€1,572 | -20.5% |
| Recurring financial charges | 65 | €7,677 | €6,105 | -€1,572 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €137,949 | €144,179 | +€6,231 | +4.5% |
| Income taxes | 67/77 | €39,247 | €40,806 | +€1,558 | +4.0% |
| Profit (loss) for the period | 9904 | €98,701 | €103,374 | +€4,672 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €98,701 | €103,374 | +€4,672 | +4.7% |
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.