ETIENNE PERRIN: what changed
ETIENNE PERRIN
Largest movements
- Cash +€27,025
up €27,025 (+1,288%), from €2,098 to €29,122
mainly Net result for the year (+€31,196) and Tax, wage and social debts (+€21,516)
- Receivables within one year -€5,630
down €5,630 (-84.9%), from €6,634 to €1,005
of which Other amounts receivable: -€3,848
- Tangible fixed assets +€361
up €361 (+40.8%), from €885 to €1,246
- Tax, wage and social debts +€21,516
up €21,516 (+418%), from €5,145 to €26,661
- Profit (loss) carried forward +€1,713
new in 2025: €1,713
- Trade debts -€1,472
no longer reported in 2025 (was €1,472)
- Gross operating margin +€36,070
up €36,070 (+882%), from €4,088 to €40,158
- Taxes +€7,206
up €7,206 (+865%), from €833 to €8,039
- Depreciation +€407
up €407 (+89.8%), from €454 to €861
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 | €9,617 | €31,373 | +€21,756 | +226% |
| Fixed assets | 21/28 | €885 | €1,246 | +€361 | +40.8% |
| Tangible fixed assets | 22/27 | €885 | €1,246 | +€361 | +40.8% |
| Furniture and vehicles | 24 | €885 | €1,246 | +€361 | +40.8% |
| Current assets | 29/58 | €8,732 | €30,127 | +€21,395 | +245% |
| Amounts receivable within one year | 40/41 | €6,634 | €1,005 | -€5,630 | -84.9% |
| Trade receivables | 40 | €2,782 | €1,000 | -€1,782 | -64.0% |
| Other amounts receivable | 41 | €3,853 | €5 | -€3,848 | -99.9% |
| Cash at bank and in hand | 54/58 | €2,098 | €29,122 | +€27,025 | +1,288% |
| Total equity and liabilities | 10/49 | €9,617 | €31,373 | +€21,756 | +226% |
| Equity | 10/15 | €3,000 | €4,713 | +€1,713 | +57.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,713 | +€1,713 | |
| Amounts payable | 17/49 | €6,617 | €26,661 | +€20,043 | +303% |
| Amounts payable within one year | 42/48 | €6,617 | €26,661 | +€20,043 | +303% |
| Trade debts | 44 | €1,472 | - | -€1,472 | |
| Suppliers | 440/4 | €1,472 | - | -€1,472 | |
| Taxes, remuneration and social security | 45 | €5,145 | €26,661 | +€21,516 | +418% |
| Taxes | 450/3 | €5,145 | €26,661 | +€21,516 | +418% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €861 | +€407 | +89.8% |
| Gross operating margin | 9900 | €4,088 | €40,158 | +€36,070 | +882% |
| Operating profit (loss) | 9901 | €3,634 | €39,296 | +€35,662 | +981% |
| Financial charges | 65/66B | €44 | €61 | +€18 | +41.4% |
| Recurring financial charges | 65 | €44 | €61 | +€18 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €3,591 | €39,235 | +€35,644 | +993% |
| Income taxes | 67/77 | €833 | €8,039 | +€7,206 | +865% |
| Profit (loss) for the period | 9904 | €2,757 | €31,196 | +€28,439 | +1,031% |
| Profit (loss) for the period to be appropriated | 9905 | €2,757 | €31,196 | +€28,439 | +1,031% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.