PEIRSEPTION: 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.
PEIRSEPTION
Largest movements
- Deferred charges and accrued income -€5,038
down €5,038 (-30.7%), from €16,401 to €11,363
- Receivables within one year -€3,305
down €3,305 (-6.2%), from €53,326 to €50,021
of which Trade receivables: -€3,328
- Cash -€2,445
down €2,445 (-16.1%), from €15,190 to €12,745
mainly Contributions, distributions and other (-€50,000) and Trade debts (-€3,926)
- Receivables after one year +€2,000
up €2,000 (+21.1%), from €9,500 to €11,500
- Reserves -€7,000
down €7,000 (-9.2%), from €76,000 to €69,000
- Trade debts -€3,926
down €3,926 (-67.2%), from €5,841 to €1,915
- Tax, wage and social debts +€2,338
up €2,338 (+12.6%), from €18,504 to €20,842
- Gross operating margin +€13,729
up €13,729 (+27.7%), from €49,636 to €63,365
- Write-downs +€3,112
new in 2025: €3,112
- Taxes +€1,945
up €1,945 (+17.4%), from €11,154 to €13,099
- Depreciation +€752
up €752 (+25.4%), from €2,961 to €3,713
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.
Cash bridge derived
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 | €104,850 | €95,361 | -€9,490 | -9.1% |
| Fixed assets | 21/28 | €10,434 | €9,732 | -€702 | -6.7% |
| Tangible fixed assets | 22/27 | €10,434 | €9,732 | -€702 | -6.7% |
| Plant, machinery and equipment | 23 | €3,793 | €2,752 | -€1,041 | -27.4% |
| Furniture and vehicles | 24 | €6,641 | €5,808 | -€833 | -12.5% |
| Other tangible fixed assets | 26 | - | €1,172 | +€1,172 | |
| Current assets | 29/58 | €94,416 | €85,629 | -€8,788 | -9.3% |
| Amounts receivable after more than one year | 29 | €9,500 | €11,500 | +€2,000 | +21.1% |
| Other amounts receivable | 291 | €9,500 | €11,500 | +€2,000 | +21.1% |
| Amounts receivable within one year | 40/41 | €53,326 | €50,021 | -€3,305 | -6.2% |
| Trade receivables | 40 | €27,891 | €24,562 | -€3,328 | -11.9% |
| Other amounts receivable | 41 | €25,435 | €25,458 | +€23 | +0.1% |
| Cash at bank and in hand | 54/58 | €15,190 | €12,745 | -€2,445 | -16.1% |
| Deferred charges and accrued income | 490/1 | €16,401 | €11,363 | -€5,038 | -30.7% |
| Total equity and liabilities | 10/49 | €104,850 | €95,361 | -€9,490 | -9.1% |
| Equity | 10/15 | €79,673 | €72,604 | -€7,069 | -8.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €76,000 | €69,000 | -€7,000 | -9.2% |
| Distributable reserves | 133 | €76,000 | €69,000 | -€7,000 | -9.2% |
| Profit (loss) carried forward | 14 | €673 | €604 | -€69 | -10.2% |
| Amounts payable | 17/49 | €25,178 | €22,757 | -€2,421 | -9.6% |
| Amounts payable within one year | 42/48 | €25,178 | €22,757 | -€2,421 | -9.6% |
| Trade debts | 44 | €5,841 | €1,915 | -€3,926 | -67.2% |
| Suppliers | 440/4 | €5,841 | €1,915 | -€3,926 | -67.2% |
| Taxes, remuneration and social security | 45 | €18,504 | €20,842 | +€2,338 | +12.6% |
| Taxes | 450/3 | €18,504 | €20,842 | +€2,338 | +12.6% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,961 | €3,713 | +€752 | +25.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,112 | +€3,112 | |
| Other operating charges | 640/8 | €713 | €466 | -€248 | -34.7% |
| Gross operating margin | 9900 | €49,636 | €63,365 | +€13,729 | +27.7% |
| Operating profit (loss) | 9901 | €45,962 | €56,074 | +€10,112 | +22.0% |
| Financial income | 75/76B | €183 | €273 | +€90 | +49.2% |
| Recurring financial income | 75 | €183 | €273 | +€90 | +49.2% |
| Financial charges | 65/66B | €186 | €317 | +€130 | +69.8% |
| Recurring financial charges | 65 | €186 | €317 | +€130 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €45,958 | €56,031 | +€10,072 | +21.9% |
| Income taxes | 67/77 | €11,154 | €13,099 | +€1,945 | +17.4% |
| Profit (loss) for the period | 9904 | €34,805 | €42,931 | +€8,127 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,805 | €42,931 | +€8,127 | +23.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.