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ERIC PERSOONS: what changed

Two fiscal 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.

What changed

ERIC PERSOONS

BE 0787.449.562
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,936
2024 · -€18,603+€9,667
Equity
-€23,771
2024 · -€14,835-€8,936
Cash
€425
2024 · €460-€35
Balance sheet total
€5,745
2024 · €6,791-€1,046

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€743

    down €743 (-75.4%), from €986 to €243

    of which Other amounts receivable: -€726

  • Tangible fixed assets -€151

    down €151 (-3.2%), from €4,797 to €4,646

    of which Furniture and vehicles: -€1,756

  • Deferred charges and accrued income -€117

    down €117 (-21.3%), from €548 to €432

Equity and liabilities
  • Profit (loss) carried forward -€8,936

    down €8,936 (-50.1%), from -€17,835 to -€26,771

  • Other debts +€7,953

    up €7,953 (+37.8%), from €21,014 to €28,968

  • Trade debts -€222

    down €222 (-36.3%), from €612 to €390

  • Advances received +€158

    new in 2025: €158

Income statement
  • Other operating charges -€16,231

    down €16,231 (-95.0%), from €17,087 to €855

  • Gross operating margin -€6,392

    down €6,392, from €1,174 to -€5,218

  • Depreciation +€163

    up €163 (+6.2%), from €2,628 to €2,791

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€18,603
Gross operating margin -€6,392
Depreciation -€163
Other operating charges +€16,231
Financial income -€2
Financial charges -€0
Taxes -€7
Result 2025 -€8,936

Cash bridge derived

cash 2024 to 2025

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.

From operations +€2,605
Investment -€2,640
Financing €0
Cash 2024 €460
Net result for the year -€8,936
Depreciation +€2,791
Receivables within one year +€743
Deferred charges and accrued income +€117
Trade debts -€222
Advances received +€158
Other debts +€7,953
Investment in fixed assets (net) -€2,640
Cash 2025 €425
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €6,791 €5,745 -€1,046 -15.4%
Fixed assets 21/28 €4,797 €4,646 -€151 -3.2%
Tangible fixed assets 22/27 €4,797 €4,646 -€151 -3.2%
Plant, machinery and equipment 23 €467 €2,249 +€1,782 +381.5%
Furniture and vehicles 24 €2,567 €811 -€1,756 -68.4%
Other tangible fixed assets 26 €1,763 €1,586 -€178 -10.1%
Current assets 29/58 €1,995 €1,100 -€895 -44.9%
Amounts receivable within one year 40/41 €986 €243 -€743 -75.4%
Trade receivables 40 €78 €61 -€17 -22.4%
Other amounts receivable 41 €908 €182 -€726 -79.9%
Cash at bank and in hand 54/58 €460 €425 -€35 -7.6%
Deferred charges and accrued income 490/1 €548 €432 -€117 -21.3%
Total equity and liabilities 10/49 €6,791 €5,745 -€1,046 -15.4%
Equity 10/15 -€14,835 -€23,771 -€8,936 -60.2%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€17,835 -€26,771 -€8,936 -50.1%
Amounts payable 17/49 €21,626 €29,516 +€7,890 +36.5%
Amounts payable within one year 42/48 €21,626 €29,516 +€7,890 +36.5%
Trade debts 44 €612 €390 -€222 -36.3%
Suppliers 440/4 €612 €390 -€222 -36.3%
Advances received on contracts in progress 46 - €158 +€158
Other amounts payable 47/48 €21,014 €28,968 +€7,953 +37.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,628 €2,791 +€163 +6.2%
Other operating charges 640/8 €17,087 €855 -€16,231 -95.0%
Gross operating margin 9900 €1,174 -€5,218 -€6,392
Operating profit (loss) 9901 -€18,540 -€8,864 +€9,676 +52.2%
Financial income 75/76B €2 €0 -€2 -95.0%
Recurring financial income 75 €2 €0 -€2 -95.0%
Financial charges 65/66B €72 €72 +€0 +0.2%
Recurring financial charges 65 €72 €72 +€0 +0.2%
Profit (loss) for the period before taxes 9903 -€18,610 -€8,936 +€9,674 +52.0%
Income taxes 67/77 -€7 - +€7
Profit (loss) for the period 9904 -€18,603 -€8,936 +€9,667 +52.0%
Profit (loss) for the period to be appropriated 9905 -€18,603 -€8,936 +€9,667 +52.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.