PER TUTTI: 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.
PER TUTTI
Largest movements
- Stocks and contracts +€37,275
up €37,275 (+11.3%), from €329,270 to €366,545
- Cash +€21,243
up €21,243 (+34.3%), from €61,984 to €83,227
mainly Net result for the year (+€26,428) and Trade debts (+€23,091)
- Reserves +€26,428
up €26,428 (+7.8%), from €338,903 to €365,331
of which Distributable reserves: +€26,428
- Trade debts +€23,091
up €23,091 (+118%), from €19,571 to €42,662
- Tax, wage and social debts +€4,938
up €4,938 (+28.8%), from €17,167 to €22,105
of which Remuneration and social security: +€4,547
- Staff costs -€13,126
down €13,126 (-50.4%), from €26,039 to €12,913
- Taxes +€3,640
up €3,640 (+48.8%), from €7,456 to €11,096
- Gross operating margin +€2,320
up €2,320 (+3.9%), from €58,876 to €61,196
- Write-downs +€2,308
new in 2025: €2,308
- Depreciation -€967
down €967 (-20.2%), from €4,795 to €3,828
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 | €411,862 | €465,151 | +€53,289 | +12.9% |
| Fixed assets | 21/28 | €10,526 | €6,699 | -€3,828 | -36.4% |
| Tangible fixed assets | 22/27 | €10,526 | €6,699 | -€3,828 | -36.4% |
| Land and buildings | 22 | €2,945 | €2,160 | -€785 | -26.7% |
| Plant, machinery and equipment | 23 | €2,565 | €920 | -€1,645 | -64.1% |
| Furniture and vehicles | 24 | €5,016 | €3,619 | -€1,397 | -27.9% |
| Current assets | 29/58 | €401,336 | €458,453 | +€57,117 | +14.2% |
| Stocks and contracts in progress | 3 | €329,270 | €366,545 | +€37,275 | +11.3% |
| Stocks | 30/36 | €329,270 | €366,545 | +€37,275 | +11.3% |
| Amounts receivable within one year | 40/41 | €7,571 | €8,681 | +€1,110 | +14.7% |
| Trade receivables | 40 | €7,527 | €8,681 | +€1,154 | +15.3% |
| Other amounts receivable | 41 | €44 | - | -€44 | |
| Cash at bank and in hand | 54/58 | €61,984 | €83,227 | +€21,243 | +34.3% |
| Deferred charges and accrued income | 490/1 | €2,511 | - | -€2,511 | |
| Total equity and liabilities | 10/49 | €411,862 | €465,151 | +€53,289 | +12.9% |
| Equity | 10/15 | €357,495 | €383,923 | +€26,428 | +7.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €338,903 | €365,331 | +€26,428 | +7.8% |
| Tax-exempt reserves | 132 | €70 | €70 | = | 0.0% |
| Distributable reserves | 133 | €338,832 | €365,261 | +€26,428 | +7.8% |
| Amounts payable | 17/49 | €54,367 | €81,228 | +€26,861 | +49.4% |
| Amounts payable within one year | 42/48 | €54,367 | €81,228 | +€26,861 | +49.4% |
| Financial debts | 43 | €15,000 | €15,000 | = | 0.0% |
| Credit institutions | 430/8 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €19,571 | €42,662 | +€23,091 | +118% |
| Suppliers | 440/4 | €19,571 | €42,662 | +€23,091 | +118% |
| Taxes, remuneration and social security | 45 | €17,167 | €22,105 | +€4,938 | +28.8% |
| Taxes | 450/3 | €14,192 | €14,583 | +€391 | +2.8% |
| Remuneration and social security | 454/9 | €2,975 | €7,522 | +€4,547 | +153% |
| Other amounts payable | 47/48 | €2,630 | €1,461 | -€1,168 | -44.4% |
| Remuneration, social security and pensions | 62 | €26,039 | €12,913 | -€13,126 | -50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,795 | €3,828 | -€967 | -20.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,308 | +€2,308 | |
| Other operating charges | 640/8 | €766 | €1,190 | +€424 | +55.3% |
| Gross operating margin | 9900 | €58,876 | €61,196 | +€2,320 | +3.9% |
| Operating profit (loss) | 9901 | €27,276 | €40,959 | +€13,682 | +50.2% |
| Financial income | 75/76B | €72 | - | -€72 | |
| Recurring financial income | 75 | €72 | - | -€72 | |
| Financial charges | 65/66B | €3,093 | €3,434 | +€341 | +11.0% |
| Recurring financial charges | 65 | €3,093 | €3,434 | +€341 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €24,256 | €37,525 | +€13,269 | +54.7% |
| Income taxes | 67/77 | €7,456 | €11,096 | +€3,640 | +48.8% |
| Profit (loss) for the period | 9904 | €16,800 | €26,428 | +€9,628 | +57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,800 | €26,428 | +€9,628 | +57.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.