PERE & FISH: 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.
PERE & FISH
Largest movements
- Receivables within one year +€30,998
up €30,998 (+40.8%), from €75,951 to €106,949
of which Other amounts receivable: +€65,961
- Cash -€5,023
no longer reported in 2025 (was €5,023)
- Tangible fixed assets -€4,726
no longer reported in 2025 (was €4,726)
of which Plant, machinery and equipment: -€3,402
- Profit (loss) carried forward +€50,458
up €50,458 (+157.6%), from €32,011 to €82,469
- Trade debts -€35,788
no longer reported in 2025 (was €35,788)
- Advances received +€9,630
new in 2025: €9,630
- Other debts -€3,500
no longer reported in 2025 (was €3,500)
- Gross operating margin -€31,817
down €31,817 (-89.0%), from €35,736 to €3,919
- Financial income -€4,138
no longer reported in 2025 (was €4,138)
- Depreciation -€1,651
no longer reported in 2025 (was €1,651)
- Other operating charges -€971
no longer reported in 2025 (was €971)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,300 | €107,099 | +€20,799 | +24.1% |
| Fixed assets | 21/28 | €4,876 | €150 | -€4,726 | -96.9% |
| Tangible fixed assets | 22/27 | €4,726 | - | -€4,726 | |
| Plant, machinery and equipment | 23 | €3,402 | - | -€3,402 | |
| Furniture and vehicles | 24 | €1,324 | - | -€1,324 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €81,424 | €106,949 | +€25,525 | +31.3% |
| Stocks and contracts in progress | 3 | €450 | - | -€450 | |
| Stocks | 30/36 | €450 | - | -€450 | |
| Amounts receivable within one year | 40/41 | €75,951 | €106,949 | +€30,998 | +40.8% |
| Trade receivables | 40 | €34,963 | - | -€34,963 | |
| Other amounts receivable | 41 | €40,988 | €106,949 | +€65,961 | +160.9% |
| Cash at bank and in hand | 54/58 | €5,023 | - | -€5,023 | |
| Total equity and liabilities | 10/49 | €86,300 | €107,099 | +€20,799 | +24.1% |
| Equity | 10/15 | €47,011 | €97,469 | +€50,458 | +107.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,011 | €82,469 | +€50,458 | +157.6% |
| Amounts payable | 17/49 | €39,288 | €9,630 | -€29,658 | -75.5% |
| Amounts payable within one year | 42/48 | €39,288 | €9,630 | -€29,658 | -75.5% |
| Trade debts | 44 | €35,788 | - | -€35,788 | |
| Suppliers | 440/4 | €35,788 | - | -€35,788 | |
| Advances received on contracts in progress | 46 | - | €9,630 | +€9,630 | |
| Other amounts payable | 47/48 | €3,500 | - | -€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,651 | - | -€1,651 | |
| Other operating charges | 640/8 | €971 | - | -€971 | |
| Gross operating margin | 9900 | €35,736 | €3,919 | -€31,817 | -89.0% |
| Operating profit (loss) | 9901 | €33,114 | €3,919 | -€29,195 | -88.2% |
| Financial income | 75/76B | €4,138 | - | -€4,138 | |
| Recurring financial income | 75 | €4,138 | - | -€4,138 | |
| Financial charges | 65/66B | €223 | €155 | -€68 | -30.5% |
| Recurring financial charges | 65 | €223 | €155 | -€68 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €37,029 | €3,763 | -€33,265 | -89.8% |
| Profit (loss) for the period | 9904 | €37,029 | €3,763 | -€33,265 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,029 | €3,763 | -€33,265 | -89.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.