PERACH: 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.
PERACH
Largest movements
- Financial fixed assets +€63,208
up €63,208 (+10.3%), from €612,300 to €675,508
- Tangible fixed assets -€24,719
down €24,719 (-4.1%), from €608,346 to €583,627
of which Land and buildings: -€19,481
- Receivables within one year +€16,268
up €16,268, from €0 to €16,268
of which Trade receivables: +€15,880
- Debts after one year +€38,003
up €38,003 (+8.9%), from €426,092 to €464,095
- Other debts +€37,104
up €37,104 (+9.3%), from €399,762 to €436,866
- Current portion of long-term debt -€14,935
down €14,935 (-31.8%), from €46,932 to €31,997
- Other operating charges -€1,857
down €1,857 (-21.2%), from €8,763 to €6,906
- Taxes +€1,703
up €1,703 (+58.2%), from €2,928 to €4,631
- Gross operating margin +€1,574
up €1,574 (+2.9%), from €53,573 to €55,147
- Financial charges -€679
down €679 (-9.7%), from €7,027 to €6,349
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 | €1,231,949 | €1,281,781 | +€49,832 | +4.0% |
| Fixed assets | 21/28 | €1,220,646 | €1,259,135 | +€38,489 | +3.2% |
| Tangible fixed assets | 22/27 | €608,346 | €583,627 | -€24,719 | -4.1% |
| Land and buildings | 22 | €580,297 | €560,817 | -€19,481 | -3.4% |
| Plant, machinery and equipment | 23 | €27,106 | €22,810 | -€4,295 | -15.8% |
| Other tangible fixed assets | 26 | €943 | €0 | -€943 | -100% |
| Financial fixed assets | 28 | €612,300 | €675,508 | +€63,208 | +10.3% |
| Current assets | 29/58 | €11,304 | €22,647 | +€11,343 | +100% |
| Amounts receivable within one year | 40/41 | €0 | €16,268 | +€16,268 | |
| Trade receivables | 40 | €0 | €15,880 | +€15,880 | |
| Other amounts receivable | 41 | - | €388 | +€388 | |
| Cash at bank and in hand | 54/58 | €7,083 | €2,026 | -€5,057 | -71.4% |
| Deferred charges and accrued income | 490/1 | €4,221 | €4,353 | +€132 | +3.1% |
| Total equity and liabilities | 10/49 | €1,231,949 | €1,281,781 | +€49,832 | +4.0% |
| Equity | 10/15 | €326,251 | €338,794 | +€12,543 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,388 | €113,388 | = | 0.0% |
| Distributable reserves | 133 | €113,388 | €113,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,263 | €206,805 | +€12,543 | +6.5% |
| Amounts payable | 17/49 | €905,698 | €942,988 | +€37,289 | +4.1% |
| Amounts payable after more than one year | 17 | €426,092 | €464,095 | +€38,003 | +8.9% |
| Financial debts | 170/4 | €426,092 | €464,095 | +€38,003 | +8.9% |
| Amounts payable within one year | 42/48 | €473,519 | €477,383 | +€3,865 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €46,932 | €31,997 | -€14,935 | -31.8% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €9,546 | €983 | -€8,564 | -89.7% |
| Suppliers | 440/4 | €9,546 | €983 | -€8,564 | -89.7% |
| Taxes, remuneration and social security | 45 | €17,278 | €7,537 | -€9,740 | -56.4% |
| Taxes | 450/3 | €17,278 | €7,537 | -€9,740 | -56.4% |
| Other amounts payable | 47/48 | €399,762 | €436,866 | +€37,104 | +9.3% |
| Accrued charges and deferred income | 492/3 | €6,088 | €1,509 | -€4,578 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,822 | €24,719 | -€104 | -0.4% |
| Other operating charges | 640/8 | €8,763 | €6,906 | -€1,857 | -21.2% |
| Gross operating margin | 9900 | €53,573 | €55,147 | +€1,574 | +2.9% |
| Operating profit (loss) | 9901 | €19,988 | €23,522 | +€3,534 | +17.7% |
| Financial charges | 65/66B | €7,027 | €6,349 | -€679 | -9.7% |
| Recurring financial charges | 65 | €7,027 | €6,349 | -€679 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €12,960 | €17,173 | +€4,213 | +32.5% |
| Income taxes | 67/77 | €2,928 | €4,631 | +€1,703 | +58.2% |
| Profit (loss) for the period | 9904 | €10,033 | €12,543 | +€2,510 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,033 | €12,543 | +€2,510 | +25.0% |
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 17 October 2026 via checked.be.