Per4mus: 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.
Per4mus
Largest movements
- Tangible fixed assets -€26,848
down €26,848 (-4.4%), from €609,751 to €582,903
of which Land and buildings: -€14,996
- Cash -€18,296
down €18,296 (-7.2%), from €252,827 to €234,531
mainly Debts after one year (-€43,300) and Other debts (-€31,634)
- Receivables within one year +€9,644
up €9,644 (+32.4%), from €29,797 to €39,440
of which Other amounts receivable: +€9,644
- Reserves +€66,391
up €66,391 (+13.9%), from €477,460 to €543,851
- Debts after one year -€43,300
down €43,300 (-15.6%), from €277,863 to €234,563
- Other debts -€31,634
down €31,634 (-89.2%), from €35,484 to €3,850
- Short-term financial debts -€10,762
down €10,762 (-100%), from €10,762 to €0
- Tax, wage and social debts -€10,659
down €10,659 (-52.7%), from €20,231 to €9,572
of which Taxes: -€9,489
- Gross operating margin -€45,529
down €45,529 (-25.8%), from €176,312 to €130,783
- Taxes -€13,805
down €13,805 (-35.3%), from €39,109 to €25,304
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 | €893,501 | €856,966 | -€36,534 | -4.1% |
| Fixed assets | 21/28 | €609,751 | €582,903 | -€26,848 | -4.4% |
| Tangible fixed assets | 22/27 | €609,751 | €582,903 | -€26,848 | -4.4% |
| Land and buildings | 22 | €580,494 | €565,498 | -€14,996 | -2.6% |
| Furniture and vehicles | 24 | €29,257 | €17,405 | -€11,852 | -40.5% |
| Current assets | 29/58 | €283,750 | €274,064 | -€9,686 | -3.4% |
| Amounts receivable within one year | 40/41 | €29,797 | €39,440 | +€9,644 | +32.4% |
| Trade receivables | 40 | €19,360 | €19,360 | = | 0.0% |
| Other amounts receivable | 41 | €10,437 | €20,080 | +€9,644 | +92.4% |
| Cash at bank and in hand | 54/58 | €252,827 | €234,531 | -€18,296 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,126 | €92 | -€1,034 | -91.8% |
| Total equity and liabilities | 10/49 | €893,501 | €856,966 | -€36,534 | -4.1% |
| Equity | 10/15 | €496,809 | €562,451 | +€65,642 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €477,460 | €543,851 | +€66,391 | +13.9% |
| Distributable reserves | 133 | €477,460 | €543,851 | +€66,391 | +13.9% |
| Profit (loss) carried forward | 14 | €749 | €0 | -€749 | -100% |
| Amounts payable | 17/49 | €396,692 | €294,516 | -€102,176 | -25.8% |
| Amounts payable after more than one year | 17 | €277,863 | €234,563 | -€43,300 | -15.6% |
| Financial debts | 170/4 | €277,863 | €234,563 | -€43,300 | -15.6% |
| Amounts payable within one year | 42/48 | €118,829 | €59,952 | -€58,876 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €49,760 | €43,300 | -€6,460 | -13.0% |
| Financial debts | 43 | €10,762 | €0 | -€10,762 | -100% |
| Credit institutions | 430/8 | €10,762 | €0 | -€10,762 | -100% |
| Trade debts | 44 | €2,591 | €3,231 | +€640 | +24.7% |
| Suppliers | 440/4 | €2,591 | €3,231 | +€640 | +24.7% |
| Taxes, remuneration and social security | 45 | €20,231 | €9,572 | -€10,659 | -52.7% |
| Taxes | 450/3 | €19,061 | €9,572 | -€9,489 | -49.8% |
| Remuneration and social security | 454/9 | €1,170 | €0 | -€1,170 | -100% |
| Other amounts payable | 47/48 | €35,484 | €3,850 | -€31,634 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,848 | €26,848 | = | 0.0% |
| Other operating charges | 640/8 | €4,589 | €4,202 | -€387 | -8.4% |
| Gross operating margin | 9900 | €176,312 | €130,783 | -€45,529 | -25.8% |
| Operating profit (loss) | 9901 | €144,875 | €99,733 | -€45,142 | -31.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €10,308 | €8,787 | -€1,521 | -14.8% |
| Recurring financial charges | 65 | €10,308 | €8,787 | -€1,521 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €134,567 | €90,946 | -€43,621 | -32.4% |
| Income taxes | 67/77 | €39,109 | €25,304 | -€13,805 | -35.3% |
| Profit (loss) for the period | 9904 | €95,457 | €65,642 | -€29,816 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €95,457 | €65,642 | -€29,816 | -31.2% |
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 27 October 2026 via checked.be.