Percepsus Research: 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.
Percepsus Research
Largest movements
- Cash -€76,759
down €76,759 (-66.1%), from €116,089 to €39,330
mainly Contributions, distributions and other (-€120,000) and Trade debts (-€3,106)
- Receivables within one year -€1,654
down €1,654 (-8.8%), from €18,836 to €17,182
of which Trade receivables: -€2,176
- Profit (loss) carried forward -€115,936
down €115,936 (-100%), from €115,936 to €0
- Reserves +€39,957
new in 2025: €39,957
- Tax, wage and social debts +€5,424
up €5,424 (+58.9%), from €9,215 to €14,639
of which Taxes: +€5,406
- Contributions -€4,064
down €4,064 (-81.3%), from €5,000 to €936
- Trade debts -€3,106
down €3,106 (-90.8%), from €3,419 to €313
- Gross operating margin +€21,479
up €21,479 (+71.3%), from €30,113 to €51,592
- Taxes +€5,304
up €5,304 (+86.9%), from €6,101 to €11,406
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 | €135,200 | €57,710 | -€77,490 | -57.3% |
| Fixed assets | 21/28 | - | €960 | +€960 | |
| Tangible fixed assets | 22/27 | - | €960 | +€960 | |
| Plant, machinery and equipment | 23 | - | €960 | +€960 | |
| Current assets | 29/58 | €135,200 | €56,750 | -€78,450 | -58.0% |
| Amounts receivable within one year | 40/41 | €18,836 | €17,182 | -€1,654 | -8.8% |
| Trade receivables | 40 | €18,672 | €16,495 | -€2,176 | -11.7% |
| Other amounts receivable | 41 | €165 | €687 | +€522 | +317% |
| Cash at bank and in hand | 54/58 | €116,089 | €39,330 | -€76,759 | -66.1% |
| Deferred charges and accrued income | 490/1 | €275 | €238 | -€37 | -13.4% |
| Total equity and liabilities | 10/49 | €135,200 | €57,710 | -€77,490 | -57.3% |
| Equity | 10/15 | €120,936 | €40,893 | -€80,043 | -66.2% |
| Contributions | 10/11 | €5,000 | €936 | -€4,064 | -81.3% |
| Reserves | 13 | - | €39,957 | +€39,957 | |
| Distributable reserves | 133 | - | €39,957 | +€39,957 | |
| Profit (loss) carried forward | 14 | €115,936 | €0 | -€115,936 | -100% |
| Amounts payable | 17/49 | €14,264 | €16,817 | +€2,553 | +17.9% |
| Amounts payable within one year | 42/48 | €14,264 | €16,817 | +€2,553 | +17.9% |
| Trade debts | 44 | €3,419 | €313 | -€3,106 | -90.8% |
| Suppliers | 440/4 | €3,419 | €313 | -€3,106 | -90.8% |
| Taxes, remuneration and social security | 45 | €9,215 | €14,639 | +€5,424 | +58.9% |
| Taxes | 450/3 | €6,182 | €11,588 | +€5,406 | +87.4% |
| Remuneration and social security | 454/9 | €3,034 | €3,052 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €1,629 | €1,864 | +€235 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €109 | +€109 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €30,113 | €51,592 | +€21,479 | +71.3% |
| Operating profit (loss) | 9901 | €29,995 | €51,363 | +€21,368 | +71.2% |
| Financial income | 75/76B | €0 | €450 | +€450 | +2,252,300% |
| Recurring financial income | 75 | €0 | €450 | +€450 | +2,252,300% |
| Financial charges | 65/66B | €258 | €450 | +€192 | +74.6% |
| Recurring financial charges | 65 | €258 | €450 | +€192 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | €29,737 | €51,363 | +€21,626 | +72.7% |
| Income taxes | 67/77 | €6,101 | €11,406 | +€5,304 | +86.9% |
| Profit (loss) for the period | 9904 | €23,636 | €39,957 | +€16,322 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,636 | €39,957 | +€16,322 | +69.1% |
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 23 October 2026 via checked.be.