Peri Visual System: 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.
Peri Visual System
Largest movements
- Receivables within one year +€239,424
up €239,424 (+124.3%), from €192,610 to €432,034
of which Trade receivables: +€243,384
- Cash -€77,092
down €77,092 (-38.9%), from €198,194 to €121,102
mainly Receivables within one year (-€239,424) and Investment in fixed assets (net) (-€57,637)
- Tangible fixed assets +€28,820
up €28,820 (+20.2%), from €142,506 to €171,326
of which Furniture and vehicles: +€21,397
- Trade debts +€159,028
up €159,028 (+114.3%), from €139,120 to €298,148
- Reserves +€23,782
up €23,782 (+11.5%), from €206,423 to €230,205
of which Distributable reserves: +€23,782
- Tax, wage and social debts +€22,178
up €22,178 (+40.4%), from €54,886 to €77,065
of which Taxes: +€19,176
- Current portion of long-term debt -€22,066
down €22,066 (-84.9%), from €26,002 to €3,935
- Other debts +€10,145
up €10,145 (+27.9%), from €36,375 to €46,520
- Gross operating margin +€29,447
up €29,447 (+10.7%), from €274,371 to €303,818
- Staff costs +€22,910
up €22,910 (+11.6%), from €197,916 to €220,827
- Taxes +€4,308
up €4,308 (+36.5%), from €11,806 to €16,114
- Depreciation +€3,335
up €3,335 (+13.0%), from €25,567 to €28,901
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 | €563,027 | €758,925 | +€195,898 | +34.8% |
| Fixed assets | 21/28 | €142,590 | €171,326 | +€28,736 | +20.2% |
| Intangible fixed assets | 21 | €84 | €0 | -€84 | -100.0% |
| Tangible fixed assets | 22/27 | €142,506 | €171,326 | +€28,820 | +20.2% |
| Land and buildings | 22 | €102,391 | €89,441 | -€12,950 | -12.6% |
| Plant, machinery and equipment | 23 | €37,519 | €57,892 | +€20,372 | +54.3% |
| Furniture and vehicles | 24 | €2,595 | €23,993 | +€21,397 | +824.5% |
| Current assets | 29/58 | €420,438 | €587,600 | +€167,162 | +39.8% |
| Stocks and contracts in progress | 3 | €20,882 | €26,588 | +€5,706 | +27.3% |
| Stocks | 30/36 | €20,882 | €26,588 | +€5,706 | +27.3% |
| Amounts receivable within one year | 40/41 | €192,610 | €432,034 | +€239,424 | +124.3% |
| Trade receivables | 40 | €180,430 | €423,815 | +€243,384 | +134.9% |
| Other amounts receivable | 41 | €12,180 | €8,220 | -€3,960 | -32.5% |
| Cash at bank and in hand | 54/58 | €198,194 | €121,102 | -€77,092 | -38.9% |
| Deferred charges and accrued income | 490/1 | €8,751 | €7,875 | -€876 | -10.0% |
| Total equity and liabilities | 10/49 | €563,027 | €758,925 | +€195,898 | +34.8% |
| Equity | 10/15 | €225,015 | €248,797 | +€23,782 | +10.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €206,423 | €230,205 | +€23,782 | +11.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €204,564 | €228,345 | +€23,782 | +11.6% |
| Amounts payable | 17/49 | €338,012 | €510,129 | +€172,116 | +50.9% |
| Amounts payable after more than one year | 17 | €80,393 | €81,065 | +€671 | +0.8% |
| Financial debts | 170/4 | €80,393 | €81,065 | +€671 | +0.8% |
| Amounts payable within one year | 42/48 | €256,403 | €429,064 | +€172,661 | +67.3% |
| Current portion of amounts payable after more than one year | 42 | €26,002 | €3,935 | -€22,066 | -84.9% |
| Financial debts | 43 | €20 | €3,395 | +€3,375 | +16882.9% |
| Credit institutions | 430/8 | €20 | €3,395 | +€3,375 | +16882.9% |
| Trade debts | 44 | €139,120 | €298,148 | +€159,028 | +114.3% |
| Suppliers | 440/4 | €139,120 | €298,148 | +€159,028 | +114.3% |
| Taxes, remuneration and social security | 45 | €54,886 | €77,065 | +€22,178 | +40.4% |
| Taxes | 450/3 | €29,020 | €48,196 | +€19,176 | +66.1% |
| Remuneration and social security | 454/9 | €25,867 | €28,869 | +€3,002 | +11.6% |
| Other amounts payable | 47/48 | €36,375 | €46,520 | +€10,145 | +27.9% |
| Accrued charges and deferred income | 492/3 | €1,216 | - | -€1,216 | |
| Remuneration, social security and pensions | 62 | €197,916 | €220,827 | +€22,910 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,567 | €28,901 | +€3,335 | +13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,439 | €116 | -€1,323 | -91.9% |
| Other operating charges | 640/8 | €2,462 | €2,709 | +€248 | +10.1% |
| Non-recurring operating charges | 66A | €402 | €40 | -€362 | -90.1% |
| Gross operating margin | 9900 | €274,371 | €303,818 | +€29,447 | +10.7% |
| Operating profit (loss) | 9901 | €46,586 | €51,224 | +€4,639 | +10.0% |
| Financial income | 75/76B | €2,223 | €1,175 | -€1,048 | -47.1% |
| Recurring financial income | 75 | €2,223 | €1,175 | -€1,048 | -47.1% |
| Financial charges | 65/66B | €2,541 | €2,504 | -€38 | -1.5% |
| Recurring financial charges | 65 | €2,541 | €2,504 | -€38 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €46,267 | €49,895 | +€3,628 | +7.8% |
| Income taxes | 67/77 | €11,806 | €16,114 | +€4,308 | +36.5% |
| Profit (loss) for the period | 9904 | €34,461 | €33,782 | -€679 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,461 | €33,782 | -€679 | -2.0% |
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 4 October 2026 via checked.be.