DR. CELINE PERCEVAL: what changed
DR. CELINE PERCEVAL
Largest movements
- Cash -€50,357
down €50,357 (-21.5%), from €234,570 to €184,213
mainly Contributions, distributions and other (-€400,000) and Tax, wage and social debts (-€54,193)
- Receivables within one year -€15,852
down €15,852 (-15.9%), from €99,423 to €83,571
of which Trade receivables: -€16,086
- Tangible fixed assets +€3,689
new in 2025: €3,689
- Reserves -€256,889
down €256,889 (-94.9%), from €270,732 to €13,843
- Other debts +€231,550
up €231,550 (+17,756%), from €1,304 to €232,854
- Tax, wage and social debts -€54,193
down €54,193 (-99.1%), from €54,673 to €480
of which Taxes: -€54,193
- Current portion of long-term debt +€16,999
new in 2025: €16,999
- Gross operating margin -€39,058
down €39,058 (-17.1%), from €228,078 to €189,020
- Taxes -€9,427
down €9,427 (-17.4%), from €54,193 to €44,766
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,993 | €271,573 | -€62,420 | -18.7% |
| Fixed assets | 21/28 | - | €3,789 | +€3,789 | |
| Tangible fixed assets | 22/27 | - | €3,689 | +€3,689 | |
| Furniture and vehicles | 24 | - | €3,689 | +€3,689 | |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €333,993 | €267,784 | -€66,209 | -19.8% |
| Amounts receivable within one year | 40/41 | €99,423 | €83,571 | -€15,852 | -15.9% |
| Trade receivables | 40 | €99,423 | €83,337 | -€16,086 | -16.2% |
| Other amounts receivable | 41 | - | €234 | +€234 | |
| Cash at bank and in hand | 54/58 | €234,570 | €184,213 | -€50,357 | -21.5% |
| Total equity and liabilities | 10/49 | €333,993 | €271,573 | -€62,420 | -18.7% |
| Equity | 10/15 | €275,732 | €18,843 | -€256,889 | -93.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €270,732 | €13,843 | -€256,889 | -94.9% |
| Distributable reserves | 133 | €270,732 | €13,843 | -€256,889 | -94.9% |
| Amounts payable | 17/49 | €58,261 | €252,730 | +€194,469 | +334% |
| Amounts payable within one year | 42/48 | €58,261 | €252,730 | +€194,469 | +334% |
| Current portion of amounts payable after more than one year | 42 | - | €16,999 | +€16,999 | |
| Trade debts | 44 | €2,284 | €2,398 | +€113 | +5.0% |
| Suppliers | 440/4 | €2,284 | €2,398 | +€113 | +5.0% |
| Taxes, remuneration and social security | 45 | €54,673 | €480 | -€54,193 | -99.1% |
| Taxes | 450/3 | €54,193 | - | -€54,193 | |
| Remuneration and social security | 454/9 | €480 | €480 | = | 0.0% |
| Other amounts payable | 47/48 | €1,304 | €232,854 | +€231,550 | +17,756% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €127 | +€127 | |
| Other operating charges | 640/8 | €1,006 | €427 | -€579 | -57.5% |
| Gross operating margin | 9900 | €228,078 | €189,020 | -€39,058 | -17.1% |
| Operating profit (loss) | 9901 | €227,072 | €188,466 | -€38,606 | -17.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €113 | €589 | +€475 | +420% |
| Recurring financial charges | 65 | €113 | €589 | +€475 | +420% |
| Profit (loss) for the period before taxes | 9903 | €226,960 | €187,877 | -€39,083 | -17.2% |
| Income taxes | 67/77 | €54,193 | €44,766 | -€9,427 | -17.4% |
| Profit (loss) for the period | 9904 | €172,767 | €143,111 | -€29,656 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €172,767 | €143,111 | -€29,656 | -17.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.