PERIHELIUM: 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.
PERIHELIUM
Largest movements
- Cash -€18,702
down €18,702 (-7.9%), from €237,796 to €219,093
mainly Investment in fixed assets (net) (-€16,409) and Other debts (-€9,794)
- Reserves +€44,325
new in 2026: €44,325
- Profit (loss) carried forward -€44,307
down €44,307 (-100%), from €44,307 to €0
- Other debts -€9,794
down €9,794 (-40.0%), from €24,455 to €14,661
- Gross operating margin -€12,471
down €12,471 (-34.5%), from €36,103 to €23,632
- Other operating charges -€2,497
down €2,497 (-34.1%), from €7,314 to €4,818
- Taxes -€2,298
down €2,298 (-97.9%), from €2,347 to €49
- Depreciation -€1,120
down €1,120 (-5.3%), from €21,133 to €20,013
- Financial income +€847
up €847 (+183%), from €463 to €1,310
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €667,617 | €652,566 | -€15,051 | -2.3% |
| Fixed assets | 21/28 | €429,821 | €426,218 | -€3,604 | -0.8% |
| Tangible fixed assets | 22/27 | €429,821 | €426,218 | -€3,604 | -0.8% |
| Land and buildings | 22 | €429,821 | €424,627 | -€5,195 | -1.2% |
| Furniture and vehicles | 24 | - | €1,591 | +€1,591 | |
| Current assets | 29/58 | €237,796 | €226,348 | -€11,447 | -4.8% |
| Amounts receivable within one year | 40/41 | - | €1,983 | +€1,983 | |
| Trade receivables | 40 | - | €67 | +€67 | |
| Other amounts receivable | 41 | - | €1,916 | +€1,916 | |
| Cash at bank and in hand | 54/58 | €237,796 | €219,093 | -€18,702 | -7.9% |
| Deferred charges and accrued income | 490/1 | - | €5,272 | +€5,272 | |
| Total equity and liabilities | 10/49 | €667,617 | €652,566 | -€15,051 | -2.3% |
| Equity | 10/15 | €637,807 | €637,825 | +€18 | 0.0% |
| Contributions | 10/11 | €593,500 | €593,500 | = | 0.0% |
| Reserves | 13 | - | €44,325 | +€44,325 | |
| Distributable reserves | 133 | - | €44,325 | +€44,325 | |
| Profit (loss) carried forward | 14 | €44,307 | €0 | -€44,307 | -100% |
| Amounts payable | 17/49 | €29,810 | €14,741 | -€15,069 | -50.5% |
| Amounts payable within one year | 42/48 | €29,810 | €14,741 | -€15,069 | -50.5% |
| Trade debts | 44 | €1,592 | €81 | -€1,512 | -94.9% |
| Suppliers | 440/4 | €1,592 | €81 | -€1,512 | -94.9% |
| Taxes, remuneration and social security | 45 | €3,763 | €0 | -€3,763 | -100% |
| Taxes | 450/3 | €3,763 | €0 | -€3,763 | -100% |
| Other amounts payable | 47/48 | €24,455 | €14,661 | -€9,794 | -40.0% |
| Non-recurring operating income | 76A | €1,163 | €0 | -€1,163 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,133 | €20,013 | -€1,120 | -5.3% |
| Other operating charges | 640/8 | €7,314 | €4,818 | -€2,497 | -34.1% |
| Gross operating margin | 9900 | €36,103 | €23,632 | -€12,471 | -34.5% |
| Operating profit (loss) | 9901 | €7,655 | -€1,199 | -€8,854 | |
| Financial income | 75/76B | €463 | €1,310 | +€847 | +183% |
| Recurring financial income | 75 | €463 | €1,310 | +€847 | +183% |
| Financial charges | 65/66B | €51 | €45 | -€6 | -11.7% |
| Recurring financial charges | 65 | €51 | €45 | -€6 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €8,068 | €67 | -€8,001 | -99.2% |
| Income taxes | 67/77 | €2,347 | €49 | -€2,298 | -97.9% |
| Profit (loss) for the period | 9904 | €5,721 | €18 | -€5,703 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,721 | €18 | -€5,703 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.