PEREMANS MICHEL: 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.
PEREMANS MICHEL
Largest movements
- Tangible fixed assets -€14,871
down €14,871 (-43.3%), from €34,339 to €19,467
of which Furniture and vehicles: -€13,840
- Reserves +€61,614
up €61,614 (+99.8%), from €61,742 to €123,356
of which Distributable reserves: +€61,614
- Trade debts -€24,299
down €24,299 (-42.5%), from €57,139 to €32,840
- Short-term financial debts -€21,302
down €21,302 (-93.6%), from €22,747 to €1,445
- Current portion of long-term debt -€11,708
down €11,708 (-69.8%), from €16,777 to €5,069
- Tax, wage and social debts -€10,948
down €10,948 (-13.8%), from €79,206 to €68,258
- Gross operating margin -€57,506
down €57,506 (-32.4%), from €177,548 to €120,042
- Staff costs -€28,751
down €28,751 (-99.6%), from €28,863 to €112
- Other operating charges -€19,629
down €19,629 (-79.8%), from €24,593 to €4,964
- Taxes +€8,723
up €8,723 (+42.9%), from €20,348 to €29,070
- Financial charges -€5,631
down €5,631 (-39.6%), from €14,209 to €8,578
of which Financial charges: -€5,627
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 | €263,082 | €250,151 | -€12,931 | -4.9% |
| Fixed assets | 21/28 | €39,824 | €24,952 | -€14,871 | -37.3% |
| Tangible fixed assets | 22/27 | €34,339 | €19,467 | -€14,871 | -43.3% |
| Plant, machinery and equipment | 23 | €2,543 | €1,512 | -€1,032 | -40.6% |
| Furniture and vehicles | 24 | €31,795 | €17,956 | -€13,840 | -43.5% |
| Financial fixed assets | 28 | €5,485 | €5,485 | = | 0.0% |
| Current assets | 29/58 | €223,258 | €225,199 | +€1,941 | +0.9% |
| Amounts receivable within one year | 40/41 | €215,283 | €217,347 | +€2,063 | +1.0% |
| Trade receivables | 40 | €47,378 | €25,469 | -€21,909 | -46.2% |
| Other amounts receivable | 41 | €167,905 | €191,878 | +€23,972 | +14.3% |
| Current investments | 50/53 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,974 | €1,852 | -€123 | -6.2% |
| Total equity and liabilities | 10/49 | €263,082 | €250,151 | -€12,931 | -4.9% |
| Equity | 10/15 | €80,342 | €141,956 | +€61,614 | +76.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,742 | €123,356 | +€61,614 | +99.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,882 | €121,496 | +€61,614 | +103% |
| Amounts payable | 17/49 | €182,739 | €108,195 | -€74,544 | -40.8% |
| Amounts payable after more than one year | 17 | €5,069 | - | -€5,069 | |
| Financial debts | 170/4 | €5,069 | - | -€5,069 | |
| Amounts payable within one year | 42/48 | €176,471 | €108,195 | -€68,276 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €16,777 | €5,069 | -€11,708 | -69.8% |
| Financial debts | 43 | €22,747 | €1,445 | -€21,302 | -93.6% |
| Credit institutions | 430/8 | €22,747 | €1,445 | -€21,302 | -93.6% |
| Trade debts | 44 | €57,139 | €32,840 | -€24,299 | -42.5% |
| Suppliers | 440/4 | €57,139 | €32,840 | -€24,299 | -42.5% |
| Taxes, remuneration and social security | 45 | €79,206 | €68,258 | -€10,948 | -13.8% |
| Taxes | 450/3 | €79,206 | €68,258 | -€10,948 | -13.8% |
| Other amounts payable | 47/48 | €601 | €583 | -€18 | -3.0% |
| Accrued charges and deferred income | 492/3 | €1,200 | - | -€1,200 | |
| Non-recurring operating income | 76A | €3 | €113,285 | +€113,282 | +3,763,524% |
| Remuneration, social security and pensions | 62 | €28,863 | €112 | -€28,751 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,827 | €14,871 | +€45 | +0.3% |
| Other operating charges | 640/8 | €24,593 | €4,964 | -€19,629 | -79.8% |
| Non-recurring operating charges | 66A | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | €177,548 | €120,042 | -€57,506 | -32.4% |
| Operating profit (loss) | 9901 | €108,265 | €100,095 | -€8,170 | -7.5% |
| Financial income | 75/76B | €62 | - | -€62 | |
| Recurring financial income | 75 | €62 | - | -€62 | |
| Financial charges | 65/66B | €14,209 | €8,578 | -€5,631 | -39.6% |
| Recurring financial charges | 65 | €14,205 | €8,578 | -€5,627 | -39.6% |
| Non-recurring financial charges | 66B | €4 | - | -€4 | |
| Profit (loss) for the period before taxes | 9903 | €94,118 | €91,517 | -€2,602 | -2.8% |
| Income taxes | 67/77 | €20,348 | €29,070 | +€8,723 | +42.9% |
| Profit (loss) for the period | 9904 | €73,771 | €62,447 | -€11,324 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,771 | €62,447 | -€11,324 | -15.4% |
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 26 October 2026 via checked.be.