L’ŒIL DU PERRON: 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.
L’ŒIL DU PERRON
Largest movements
- Current investments +€60,032
new in 2025: €60,032
- Cash -€33,646
down €33,646 (-56.0%), from €60,076 to €26,430
mainly Current investments (-€60,032) and Debts after one year (-€24,432)
- Tangible fixed assets -€19,812
down €19,812 (-25.5%), from €77,711 to €57,899
of which Plant, machinery and equipment: -€11,432
- Stocks and contracts +€7,737
up €7,737 (+10.8%), from €71,542 to €79,279
- Receivables within one year -€4,787
down €4,787 (-97.1%), from €4,928 to €141
- Reserves +€36,882
up €36,882 (+61.9%), from €59,559 to €96,440
- Debts after one year -€24,432
down €24,432 (-24.9%), from €98,183 to €73,751
of which Financial debts: -€18,545
- Trade debts -€11,052
down €11,052 (-58.8%), from €18,809 to €7,757
- Tax, wage and social debts +€4,715
up €4,715 (+20.1%), from €23,481 to €28,196
- Gross operating margin +€21,205
up €21,205 (+32.6%), from €65,135 to €86,340
- Write-downs +€11,344
new in 2025: €11,344
- Taxes +€2,762
up €2,762 (+23.6%), from €11,693 to €14,455
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 | €224,171 | €232,143 | +€7,972 | +3.6% |
| Formation expenses | 20 | €1,306 | €816 | -€491 | -37.5% |
| Fixed assets | 21/28 | €83,209 | €61,922 | -€21,288 | -25.6% |
| Intangible fixed assets | 21 | €5,499 | €4,023 | -€1,476 | -26.8% |
| Tangible fixed assets | 22/27 | €77,711 | €57,899 | -€19,812 | -25.5% |
| Plant, machinery and equipment | 23 | €33,071 | €21,639 | -€11,432 | -34.6% |
| Furniture and vehicles | 24 | €10,397 | €6,345 | -€4,052 | -39.0% |
| Other tangible fixed assets | 26 | €34,243 | €29,916 | -€4,327 | -12.6% |
| Current assets | 29/58 | €139,655 | €169,405 | +€29,751 | +21.3% |
| Stocks and contracts in progress | 3 | €71,542 | €79,279 | +€7,737 | +10.8% |
| Stocks | 30/36 | €71,542 | €79,279 | +€7,737 | +10.8% |
| Amounts receivable within one year | 40/41 | €4,928 | €141 | -€4,787 | -97.1% |
| Trade receivables | 40 | €4,928 | €141 | -€4,787 | -97.1% |
| Current investments | 50/53 | - | €60,032 | +€60,032 | |
| Cash at bank and in hand | 54/58 | €60,076 | €26,430 | -€33,646 | -56.0% |
| Deferred charges and accrued income | 490/1 | €3,109 | €3,524 | +€415 | +13.3% |
| Total equity and liabilities | 10/49 | €224,171 | €232,143 | +€7,972 | +3.6% |
| Equity | 10/15 | €64,559 | €101,440 | +€36,882 | +57.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,559 | €96,440 | +€36,882 | +61.9% |
| Distributable reserves | 133 | €59,559 | €96,440 | +€36,882 | +61.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €159,612 | €130,702 | -€28,910 | -18.1% |
| Amounts payable after more than one year | 17 | €98,183 | €73,751 | -€24,432 | -24.9% |
| Financial debts | 170/4 | €77,264 | €58,719 | -€18,545 | -24.0% |
| Other amounts payable | 178/9 | €20,919 | €15,033 | -€5,886 | -28.1% |
| Amounts payable within one year | 42/48 | €61,429 | €56,951 | -€4,478 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €18,306 | €20,165 | +€1,859 | +10.2% |
| Trade debts | 44 | €18,809 | €7,757 | -€11,052 | -58.8% |
| Suppliers | 440/4 | €18,809 | €7,757 | -€11,052 | -58.8% |
| Taxes, remuneration and social security | 45 | €23,481 | €28,196 | +€4,715 | +20.1% |
| Taxes | 450/3 | €23,481 | €28,196 | +€4,715 | +20.1% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,524 | €21,778 | +€255 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,344 | +€11,344 | |
| Other operating charges | 640/8 | €57 | €115 | +€58 | +102% |
| Gross operating margin | 9900 | €65,135 | €86,340 | +€21,205 | +32.6% |
| Operating profit (loss) | 9901 | €43,554 | €53,102 | +€9,548 | +21.9% |
| Financial income | 75/76B | €849 | €1,111 | +€262 | +30.9% |
| Recurring financial income | 75 | €849 | €1,111 | +€262 | +30.9% |
| Financial charges | 65/66B | €1,803 | €2,043 | +€240 | +13.3% |
| Recurring financial charges | 65 | €1,803 | €2,043 | +€240 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €42,600 | €52,170 | +€9,570 | +22.5% |
| Income taxes | 67/77 | €11,693 | €14,455 | +€2,762 | +23.6% |
| Profit (loss) for the period | 9904 | €30,907 | €37,715 | +€6,808 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,907 | €37,715 | +€6,808 | +22.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.