PERDAEN: 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.
PERDAEN
Largest movements
- Current investments -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Cash +€411,772
up €411,772 (+73.0%), from €564,370 to €976,142
mainly Current investments (+€1.0m) and Other debts (+€796,030)
- Receivables after one year -€88,699
down €88,699 (-23.9%), from €371,555 to €282,856
of which Trade receivables: -€371,555
- Tangible fixed assets -€52,786
down €52,786 (-2.6%), from €2.0m to €1.9m
of which Other tangible fixed assets: -€28,352
- Profit (loss) carried forward -€2.0m
down €2.0m (-65.6%), from €3.0m to €1.0m
- Other debts +€796,030
new in 2025: €796,030
- Reserves +€356,413
up €356,413 (+124.2%), from €286,993 to €643,406
- Tax, wage and social debts +€62,439
up €62,439 (+477.8%), from €13,067 to €75,506
- Financial income +€171,637
up €171,637 (+419.2%), from €40,944 to €212,581
- Taxes +€67,132
up €67,132 (+110.2%), from €60,909 to €128,041
- Gross operating margin +€41,852
up €41,852 (+13.8%), from €304,086 to €345,938
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 | €4,128,928 | €3,327,265 | -€801,663 | -19.4% |
| Fixed assets | 21/28 | €2,002,400 | €1,949,614 | -€52,786 | -2.6% |
| Tangible fixed assets | 22/27 | €2,002,400 | €1,949,614 | -€52,786 | -2.6% |
| Land and buildings | 22 | €1,284,697 | €1,257,804 | -€26,893 | -2.1% |
| Plant, machinery and equipment | 23 | €2,664 | €5,123 | +€2,459 | +92.3% |
| Other tangible fixed assets | 26 | €715,039 | €686,687 | -€28,352 | -4.0% |
| Current assets | 29/58 | €2,126,528 | €1,377,651 | -€748,877 | -35.2% |
| Amounts receivable after more than one year | 29 | €371,555 | €282,856 | -€88,699 | -23.9% |
| Trade receivables | 290 | €371,555 | €0 | -€371,555 | -100.0% |
| Other amounts receivable | 291 | - | €282,856 | +€282,856 | |
| Amounts receivable within one year | 40/41 | €145,954 | €118,654 | -€27,300 | -18.7% |
| Trade receivables | 40 | €145,954 | €118,654 | -€27,300 | -18.7% |
| Current investments | 50/53 | €1,017,818 | €0 | -€1.0m | -100.0% |
| Cash at bank and in hand | 54/58 | €564,370 | €976,142 | +€411,772 | +73.0% |
| Deferred charges and accrued income | 490/1 | €26,832 | €0 | -€26,832 | -100.0% |
| Total equity and liabilities | 10/49 | €4,128,928 | €3,327,265 | -€801,663 | -19.4% |
| Equity | 10/15 | €4,084,539 | €2,440,952 | -€1.6m | -40.2% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €286,993 | €643,406 | +€356,413 | +124.2% |
| Distributable reserves | 133 | €286,993 | €643,406 | +€356,413 | +124.2% |
| Profit (loss) carried forward | 14 | €3,047,545 | €1,047,545 | -€2.0m | -65.6% |
| Amounts payable | 17/49 | €44,389 | €886,313 | +€841,924 | +1896.7% |
| Amounts payable within one year | 42/48 | €44,389 | €883,754 | +€839,365 | +1890.9% |
| Trade debts | 44 | €31,321 | €12,218 | -€19,104 | -61.0% |
| Suppliers | 440/4 | €31,321 | €12,218 | -€19,104 | -61.0% |
| Taxes, remuneration and social security | 45 | €13,067 | €75,506 | +€62,439 | +477.8% |
| Taxes | 450/3 | €13,067 | €75,506 | +€62,439 | +477.8% |
| Other amounts payable | 47/48 | - | €796,030 | +€796,030 | |
| Accrued charges and deferred income | 492/3 | €0 | €2,559 | +€2,559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,778 | €56,467 | +€689 | +1.2% |
| Other operating charges | 640/8 | €5,152 | €4,038 | -€1,114 | -21.6% |
| Gross operating margin | 9900 | €304,086 | €345,938 | +€41,852 | +13.8% |
| Operating profit (loss) | 9901 | €243,157 | €285,434 | +€42,277 | +17.4% |
| Financial income | 75/76B | €40,944 | €212,581 | +€171,637 | +419.2% |
| Recurring financial income | 75 | €40,944 | €212,581 | +€171,637 | +419.2% |
| Financial charges | 65/66B | €11,040 | €13,561 | +€2,520 | +22.8% |
| Recurring financial charges | 65 | €11,040 | €13,561 | +€2,520 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €273,060 | €484,454 | +€211,393 | +77.4% |
| Income taxes | 67/77 | €60,909 | €128,041 | +€67,132 | +110.2% |
| Profit (loss) for the period | 9904 | €212,152 | €356,413 | +€144,261 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €212,152 | €356,413 | +€144,261 | +68.0% |
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 5 October 2026 via checked.be.