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PERCON: 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.

What changed

PERCON

BE 0825.544.036
NACE 77.120, Rental and leasing activities
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
-€32,369
31-12-2024 · -€75,666+€43,297
Equity
€170,656
31-12-2024 · €203,024-€32,369
Cash
€66,553
31-12-2024 · €42,473+€24,080
Balance sheet total
€526,716
31-12-2024 · €501,110+€25,606

Largest movements

31-12-2024 to 31-12-2025
Assets
  • Cash +€24,080

    up €24,080 (+56.7%), from €42,473 to €66,553

    mainly Depreciation (+€74,514) and Debts after one year (+€45,908)

  • Receivables within one year +€16,648

    up €16,648 (+13.0%), from €127,705 to €144,353

  • Tangible fixed assets -€5,527

    down €5,527 (-2.8%), from €198,597 to €193,069

    of which Furniture and vehicles: -€13,831

Equity and liabilities
  • Debts after one year +€45,908

    up €45,908 (+30.7%), from €149,339 to €195,247

  • Reserves -€32,369

    down €32,369 (-17.6%), from €184,424 to €152,056

  • Trade debts +€11,166

    up €11,166 (+11.8%), from €94,320 to €105,485

  • Tax, wage and social debts +€9,027

    up €9,027 (+61.7%), from €14,636 to €23,664

    of which Taxes: +€8,325

  • Current portion of long-term debt -€8,127

    down €8,127 (-26.4%), from €30,741 to €22,614

Income statement
  • Gross operating margin +€55,969

    up €55,969 (+500.2%), from €11,188 to €67,158

  • Financial charges +€13,282

    up €13,282 (+327.0%), from €4,061 to €17,343

    of which Non-recurring financial charges: +€10,928

From the 31-12-2024 result to the 31-12-2025 result

effect on the 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.

Result 31-12-2024 -€75,666
Gross operating margin +€55,969
Staff costs +€223
Depreciation -€540
Other operating charges +€473
Financial income +€219
Financial charges -€13,282
Taxes +€234
Result 31-12-2025 -€32,369

Cash bridge derived

cash 31-12-2024 to 31-12-2025

Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€54,085
Investment -€67,786
Financing +€37,782
Cash 31-12-2024 €42,473
Net result for the year -€32,369
Depreciation +€74,514
Stocks and contracts +€5,175
Receivables within one year -€16,648
Deferred charges and accrued income +€3,220
Trade debts +€11,166
Tax, wage and social debts +€9,027
Investment in fixed assets (net) -€67,786
Debts after one year +€45,908
Current portion of long-term debt -€8,127
Cash 31-12-2025 €66,553
Every line side by side 48 lines
Line Code 31-12-2024 31-12-2025 Change %
Total assets 20/58 €501,110 €526,716 +€25,606 +5.1%
Fixed assets 21/28 €208,517 €201,789 -€6,727 -3.2%
Intangible fixed assets 21 €1,200 - -€1,200
Tangible fixed assets 22/27 €198,597 €193,069 -€5,527 -2.8%
Land and buildings 22 €1,373 - -€1,373
Plant, machinery and equipment 23 €105,117 €114,794 +€9,677 +9.2%
Furniture and vehicles 24 €92,107 €78,276 -€13,831 -15.0%
Financial fixed assets 28 €8,720 €8,720 = 0.0%
Current assets 29/58 €292,594 €324,927 +€32,333 +11.1%
Stocks and contracts in progress 3 €115,404 €110,228 -€5,175 -4.5%
Stocks 30/36 €101,995 €71,293 -€30,702 -30.1%
Contracts in progress 37 €13,409 €38,935 +€25,526 +190.4%
Amounts receivable within one year 40/41 €127,705 €144,353 +€16,648 +13.0%
Trade receivables 40 €127,705 €144,353 +€16,648 +13.0%
Cash at bank and in hand 54/58 €42,473 €66,553 +€24,080 +56.7%
Deferred charges and accrued income 490/1 €7,012 €3,792 -€3,220 -45.9%
Total equity and liabilities 10/49 €501,110 €526,716 +€25,606 +5.1%
Equity 10/15 €203,024 €170,656 -€32,369 -15.9%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €184,424 €152,056 -€32,369 -17.6%
Distributable reserves 133 €184,424 €152,056 -€32,369 -17.6%
Amounts payable 17/49 €298,086 €356,060 +€57,974 +19.4%
Amounts payable after more than one year 17 €149,339 €195,247 +€45,908 +30.7%
Financial debts 170/4 €149,339 €195,247 +€45,908 +30.7%
Amounts payable within one year 42/48 €148,747 €160,814 +€12,066 +8.1%
Current portion of amounts payable after more than one year 42 €30,741 €22,614 -€8,127 -26.4%
Trade debts 44 €94,320 €105,485 +€11,166 +11.8%
Suppliers 440/4 €94,320 €105,485 +€11,166 +11.8%
Taxes, remuneration and social security 45 €14,636 €23,664 +€9,027 +61.7%
Taxes 450/3 €8,557 €16,882 +€8,325 +97.3%
Remuneration and social security 454/9 €6,079 €6,782 +€703 +11.6%
Other amounts payable 47/48 €9,050 €9,050 = 0.0%
Non-recurring operating income 76A €9,502 €2,578 -€6,924 -72.9%
Remuneration, social security and pensions 62 €1,635 €1,412 -€223 -13.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €73,973 €74,514 +€540 +0.7%
Other operating charges 640/8 €6,147 €5,674 -€473 -7.7%
Gross operating margin 9900 €11,188 €67,158 +€55,969 +500.2%
Operating profit (loss) 9901 -€70,568 -€14,442 +€56,126 +79.5%
Financial income 75/76B €77 €296 +€219 +284.2%
Recurring financial income 75 €44 €296 +€252 +574.2%
Non-recurring financial income 76B €33 - -€33
Financial charges 65/66B €4,061 €17,343 +€13,282 +327.0%
Recurring financial charges 65 €4,061 €6,416 +€2,354 +58.0%
Non-recurring financial charges 66B - €10,928 +€10,928
Profit (loss) for the period before taxes 9903 -€74,552 -€31,489 +€43,063 +57.8%
Income taxes 67/77 €1,114 €880 -€234 -21.0%
Profit (loss) for the period 9904 -€75,666 -€32,369 +€43,297 +57.2%
Profit (loss) for the period to be appropriated 9905 -€75,666 -€32,369 +€43,297 +57.2%

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 28 September 2026 via checked.be.