Percy Percy: 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.
Percy Percy
Largest movements
- Receivables within one year -€66,989
down €66,989 (-93.9%), from €71,354 to €4,365
of which Trade receivables: -€39,302
- Intangible fixed assets -€23,724
no longer reported in 2025 (was €23,724)
- Deferred charges and accrued income -€5,191
no longer reported in 2025 (was €5,191)
- Cash +€1,879
up €1,879 (+1,233%), from €152 to €2,031
mainly Receivables within one year (+€66,989) and Depreciation (+€23,724)
- Accrued charges and deferred income -€36,000
no longer reported in 2025 (was €36,000)
- Investment grants -€32,000
no longer reported in 2025 (was €32,000)
- Other debts -€10,863
down €10,863 (-99.1%), from €10,965 to €103
- Provisions -€8,000
no longer reported in 2025 (was €8,000)
- Trade debts -€6,114
down €6,114 (-44.0%), from €13,905 to €7,791
- Financial income +€92,039
up €92,039 (+460,196,800%), from €0 to €92,039
- Gross operating margin -€68,825
down €68,825 (-1,924%), from -€3,578 to -€72,402
- Depreciation +€23,724
new in 2025: €23,724
- Financial charges +€14,252
up €14,252 (+32,762%), from €44 to €14,295
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 | €100,422 | €6,396 | -€94,027 | -93.6% |
| Fixed assets | 21/28 | €23,724 | - | -€23,724 | |
| Intangible fixed assets | 21 | €23,724 | - | -€23,724 | |
| Current assets | 29/58 | €76,698 | €6,396 | -€70,302 | -91.7% |
| Amounts receivable within one year | 40/41 | €71,354 | €4,365 | -€66,989 | -93.9% |
| Trade receivables | 40 | €43,560 | €4,258 | -€39,302 | -90.2% |
| Other amounts receivable | 41 | €27,794 | €107 | -€27,687 | -99.6% |
| Cash at bank and in hand | 54/58 | €152 | €2,031 | +€1,879 | +1,233% |
| Deferred charges and accrued income | 490/1 | €5,191 | - | -€5,191 | |
| Total equity and liabilities | 10/49 | €100,422 | €6,396 | -€94,027 | -93.6% |
| Equity | 10/15 | €26,451 | -€1,499 | -€27,950 | |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,749 | -€2,699 | +€4,050 | +60.0% |
| Investment grants | 15 | €32,000 | - | -€32,000 | |
| Provisions and deferred taxes | 16 | €8,000 | - | -€8,000 | |
| Deferred taxes | 168 | €8,000 | - | -€8,000 | |
| Amounts payable | 17/49 | €65,971 | €7,894 | -€58,077 | -88.0% |
| Amounts payable within one year | 42/48 | €29,971 | €7,894 | -€22,077 | -73.7% |
| Trade debts | 44 | €13,905 | €7,791 | -€6,114 | -44.0% |
| Suppliers | 440/4 | €13,905 | €7,791 | -€6,114 | -44.0% |
| Taxes, remuneration and social security | 45 | €5,101 | €0 | -€5,101 | -100.0% |
| Taxes | 450/3 | €5,101 | €0 | -€5,101 | -100.0% |
| Other amounts payable | 47/48 | €10,965 | €103 | -€10,863 | -99.1% |
| Accrued charges and deferred income | 492/3 | €36,000 | - | -€36,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €23,724 | +€23,724 | |
| Other operating charges | 640/8 | €118 | €568 | +€450 | +381% |
| Gross operating margin | 9900 | -€3,578 | -€72,402 | -€68,825 | -1,924% |
| Operating profit (loss) | 9901 | -€3,696 | -€96,694 | -€92,998 | -2,516% |
| Financial income | 75/76B | €0 | €92,039 | +€92,039 | +460,196,800% |
| Recurring financial income | 75 | €0 | €92,039 | +€92,039 | +460,196,800% |
| Financial charges | 65/66B | €44 | €14,295 | +€14,252 | +32,762% |
| Recurring financial charges | 65 | €44 | €14,295 | +€14,252 | +32,762% |
| Profit (loss) for the period before taxes | 9903 | -€3,739 | -€18,950 | -€15,211 | -407% |
| Transfer from deferred taxes | 780 | - | €23,000 | +€23,000 | |
| Profit (loss) for the period | 9904 | -€3,739 | €4,050 | +€7,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,739 | €4,050 | +€7,790 |
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 15 October 2026 via checked.be.