Forges de Pernelle: 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.
Forges de Pernelle
Largest movements
- Cash -€13,936
down €13,936 (-18.9%), from €73,697 to €59,761
mainly Investment in fixed assets (net) (-€11,459) and Tax, wage and social debts (-€5,350)
- Tangible fixed assets +€4,781
up €4,781 (+9.2%), from €51,881 to €56,662
of which Furniture and vehicles: +€8,240
- Tax, wage and social debts -€5,350
down €5,350 (-33.4%), from €16,004 to €10,653
of which Remuneration and social security: -€5,048
- Profit (loss) carried forward -€4,499
down €4,499 (-0.9%), from -€480,052 to -€484,551
- Trade debts +€2,336
up €2,336 (+140%), from €1,667 to €4,003
- Advances received -€1,650
down €1,650 (-20.3%), from €8,130 to €6,480
- Gross operating margin -€35,544
down €35,544 (-32.1%), from €110,763 to €75,219
- Depreciation -€3,756
down €3,756 (-36.0%), from €10,434 to €6,678
- Staff costs +€2,522
up €2,522 (+4.2%), from €60,134 to €62,657
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 | €147,342 | €138,212 | -€9,130 | -6.2% |
| Fixed assets | 21/28 | €58,930 | €63,711 | +€4,781 | +8.1% |
| Tangible fixed assets | 22/27 | €51,881 | €56,662 | +€4,781 | +9.2% |
| Land and buildings | 22 | €18,592 | €18,592 | = | 0.0% |
| Plant, machinery and equipment | 23 | €32,089 | €28,629 | -€3,460 | -10.8% |
| Furniture and vehicles | 24 | €1,200 | €9,440 | +€8,240 | +687% |
| Financial fixed assets | 28 | €7,049 | €7,049 | = | 0.0% |
| Current assets | 29/58 | €88,412 | €74,501 | -€13,911 | -15.7% |
| Amounts receivable within one year | 40/41 | €14,372 | €14,711 | +€339 | +2.4% |
| Trade receivables | 40 | €13,396 | €8,851 | -€4,545 | -33.9% |
| Other amounts receivable | 41 | €976 | €5,860 | +€4,884 | +500% |
| Cash at bank and in hand | 54/58 | €73,697 | €59,761 | -€13,936 | -18.9% |
| Deferred charges and accrued income | 490/1 | €344 | €29 | -€314 | -91.5% |
| Total equity and liabilities | 10/49 | €147,342 | €138,212 | -€9,130 | -6.2% |
| Equity | 10/15 | -€411,087 | -€415,587 | -€4,499 | -1.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,991 | €6,991 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,487 | €1,487 | = | 0.0% |
| Legal reserve | 130 | €1,487 | €1,487 | = | 0.0% |
| Distributable reserves | 133 | €5,504 | €5,504 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€480,052 | -€484,551 | -€4,499 | -0.9% |
| Amounts payable | 17/49 | €558,430 | €553,798 | -€4,631 | -0.8% |
| Amounts payable after more than one year | 17 | €530,000 | €530,000 | = | 0.0% |
| Other amounts payable | 178/9 | €530,000 | €530,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,430 | €23,798 | -€4,631 | -16.3% |
| Trade debts | 44 | €1,667 | €4,003 | +€2,336 | +140% |
| Suppliers | 440/4 | €1,667 | €4,003 | +€2,336 | +140% |
| Advances received on contracts in progress | 46 | €8,130 | €6,480 | -€1,650 | -20.3% |
| Taxes, remuneration and social security | 45 | €16,004 | €10,653 | -€5,350 | -33.4% |
| Taxes | 450/3 | €742 | €440 | -€302 | -40.7% |
| Remuneration and social security | 454/9 | €15,261 | €10,213 | -€5,048 | -33.1% |
| Other amounts payable | 47/48 | €2,630 | €2,662 | +€33 | +1.2% |
| Remuneration, social security and pensions | 62 | €60,134 | €62,657 | +€2,522 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,434 | €6,678 | -€3,756 | -36.0% |
| Other operating charges | 640/8 | €9,859 | €10,217 | +€358 | +3.6% |
| Gross operating margin | 9900 | €110,763 | €75,219 | -€35,544 | -32.1% |
| Operating profit (loss) | 9901 | €30,335 | -€4,333 | -€34,668 | |
| Financial charges | 65/66B | €146 | €166 | +€21 | +14.4% |
| Recurring financial charges | 65 | €146 | €166 | +€21 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €30,190 | -€4,499 | -€34,689 | |
| Profit (loss) for the period | 9904 | €30,190 | -€4,499 | -€34,689 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,190 | -€4,499 | -€34,689 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.