PERCO INVESTMENT: what changed
PERCO INVESTMENT
Largest movements
- Deferred charges and accrued income -€64,125
down €64,125 (-100%), from €64,125 to €0
- Cash -€7,925
down €7,925 (-21.5%), from €36,824 to €28,899
mainly Contributions, distributions and other (-€70,000) and Net result for the year (-€6,954)
- Receivables within one year -€7,531
down €7,531 (-18.1%), from €41,623 to €34,092
of which Other amounts receivable: -€7,531
- Reserves -€70,000
down €70,000 (-40.6%), from €172,557 to €102,557
of which Distributable reserves: -€70,000
- Profit (loss) carried forward -€6,954
down €6,954 (-53.0%), from €13,131 to €6,176
- Tax, wage and social debts -€5,398
down €5,398 (-90.8%), from €5,945 to €547
- Trade debts +€4,721
up €4,721 (+4,035%), from €117 to €4,838
- Gross operating margin -€11,737
down €11,737, from €8,493 to -€3,244
- Financial charges -€3,259
down €3,259 (-93.9%), from €3,469 to €210
of which Non-recurring financial charges: -€3,303
- Other operating charges +€381
up €381 (+65.6%), from €581 to €963
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,672 | €216,091 | -€79,581 | -26.9% |
| Fixed assets | 21/28 | €153,100 | €153,100 | = | 0.0% |
| Financial fixed assets | 28 | €153,100 | €153,100 | = | 0.0% |
| Current assets | 29/58 | €142,572 | €62,991 | -€79,581 | -55.8% |
| Amounts receivable within one year | 40/41 | €41,623 | €34,092 | -€7,531 | -18.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €41,623 | €34,092 | -€7,531 | -18.1% |
| Cash at bank and in hand | 54/58 | €36,824 | €28,899 | -€7,925 | -21.5% |
| Deferred charges and accrued income | 490/1 | €64,125 | €0 | -€64,125 | -100% |
| Total equity and liabilities | 10/49 | €295,672 | €216,091 | -€79,581 | -26.9% |
| Equity | 10/15 | €287,661 | €210,706 | -€76,954 | -26.8% |
| Contributions | 10/11 | €101,973 | €101,973 | = | 0.0% |
| Capital | 10 | €101,973 | €101,973 | = | 0.0% |
| Issued capital | 100 | €101,973 | €101,973 | = | 0.0% |
| Reserves | 13 | €172,557 | €102,557 | -€70,000 | -40.6% |
| Non-distributable reserves | 130/1 | €10,197 | €10,197 | = | 0.0% |
| Legal reserve | 130 | €10,197 | €10,197 | = | 0.0% |
| Distributable reserves | 133 | €162,359 | €92,359 | -€70,000 | -43.1% |
| Profit (loss) carried forward | 14 | €13,131 | €6,176 | -€6,954 | -53.0% |
| Amounts payable | 17/49 | €8,012 | €5,385 | -€2,627 | -32.8% |
| Amounts payable within one year | 42/48 | €6,062 | €5,385 | -€677 | -11.2% |
| Trade debts | 44 | €117 | €4,838 | +€4,721 | +4,035% |
| Suppliers | 440/4 | €117 | €4,838 | +€4,721 | +4,035% |
| Taxes, remuneration and social security | 45 | €5,945 | €547 | -€5,398 | -90.8% |
| Taxes | 450/3 | €5,945 | €547 | -€5,398 | -90.8% |
| Accrued charges and deferred income | 492/3 | €1,950 | €0 | -€1,950 | -100.0% |
| Other operating charges | 640/8 | €581 | €963 | +€381 | +65.6% |
| Non-recurring operating charges | 66A | €13,193 | €4,044 | -€9,149 | -69.3% |
| Gross operating margin | 9900 | €8,493 | -€3,244 | -€11,737 | |
| Operating profit (loss) | 9901 | -€5,281 | -€8,251 | -€2,970 | -56.2% |
| Financial income | 75/76B | €1,533 | €1,507 | -€26 | -1.7% |
| Recurring financial income | 75 | €1,533 | €1,507 | -€26 | -1.7% |
| Financial charges | 65/66B | €3,469 | €210 | -€3,259 | -93.9% |
| Recurring financial charges | 65 | €166 | €210 | +€44 | +26.7% |
| Non-recurring financial charges | 66B | €3,303 | €0 | -€3,303 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€7,217 | -€6,954 | +€263 | +3.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,217 | -€6,954 | +€263 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,217 | -€6,954 | +€263 | +3.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.