PERAO: 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.
PERAO
Largest movements
- Cash -€12,491
down €12,491 (-41.1%), from €30,405 to €17,915
mainly Trade debts (-€7,640) and Receivables within one year (-€5,299)
- Receivables within one year +€5,299
up €5,299 (+19.1%), from €27,708 to €33,008
of which Trade receivables: +€5,196
- Intangible fixed assets -€1,000
down €1,000 (-39.9%), from €2,506 to €1,506
- Trade debts -€7,640
down €7,640 (-88.4%), from €8,640 to €1,000
- Other debts -€4,158
down €4,158 (-22.7%), from €18,326 to €14,168
- Tax, wage and social debts +€2,838
up €2,838 (+22.6%), from €12,534 to €15,372
- Gross operating margin -€19,234
down €19,234 (-80.0%), from €24,043 to €4,809
- Taxes -€3,601
down €3,601 (-58.1%), from €6,203 to €2,601
- Depreciation +€505
up €505 (+102.2%), from €494 to €1,000
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 | €61,424 | €52,738 | -€8,685 | -14.1% |
| Fixed assets | 21/28 | €2,506 | €1,506 | -€1,000 | -39.9% |
| Intangible fixed assets | 21 | €2,506 | €1,506 | -€1,000 | -39.9% |
| Current assets | 29/58 | €58,918 | €51,233 | -€7,686 | -13.0% |
| Amounts receivable within one year | 40/41 | €27,708 | €33,008 | +€5,299 | +19.1% |
| Trade receivables | 40 | €27,708 | €32,904 | +€5,196 | +18.8% |
| Other amounts receivable | 41 | €0 | €103 | +€103 | |
| Cash at bank and in hand | 54/58 | €30,405 | €17,915 | -€12,491 | -41.1% |
| Deferred charges and accrued income | 490/1 | €805 | €311 | -€494 | -61.4% |
| Total equity and liabilities | 10/49 | €61,424 | €52,738 | -€8,685 | -14.1% |
| Equity | 10/15 | €21,924 | €22,199 | +€275 | +1.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,924 | €17,199 | +€275 | +1.6% |
| Amounts payable | 17/49 | €39,500 | €30,540 | -€8,960 | -22.7% |
| Amounts payable within one year | 42/48 | €39,500 | €30,540 | -€8,960 | -22.7% |
| Trade debts | 44 | €8,640 | €1,000 | -€7,640 | -88.4% |
| Suppliers | 440/4 | €8,640 | €1,000 | -€7,640 | -88.4% |
| Taxes, remuneration and social security | 45 | €12,534 | €15,372 | +€2,838 | +22.6% |
| Taxes | 450/3 | €12,534 | €15,372 | +€2,838 | +22.6% |
| Other amounts payable | 47/48 | €18,326 | €14,168 | -€4,158 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €494 | €1,000 | +€505 | +102.2% |
| Other operating charges | 640/8 | €772 | €825 | +€53 | +6.9% |
| Gross operating margin | 9900 | €24,043 | €4,809 | -€19,234 | -80.0% |
| Operating profit (loss) | 9901 | €22,777 | €2,984 | -€19,792 | -86.9% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €112 | €112 | +€1 | +0.6% |
| Recurring financial charges | 65 | €112 | €112 | +€1 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €22,665 | €2,876 | -€19,789 | -87.3% |
| Income taxes | 67/77 | €6,203 | €2,601 | -€3,601 | -58.1% |
| Profit (loss) for the period | 9904 | €16,462 | €275 | -€16,188 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,462 | €275 | -€16,188 | -98.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.