PERILEC: 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.
PERILEC
Largest movements
- Receivables within one year +€130,158
up €130,158 (+28.5%), from €456,409 to €586,567
of which Trade receivables: +€117,301
- Tangible fixed assets +€55,288
up €55,288 (+384.3%), from €14,388 to €69,676
of which Other tangible fixed assets: +€53,616
- Cash +€36,301
up €36,301 (+32.2%), from €112,766 to €149,066
mainly Net result for the year (+€238,680) and Trade debts (+€67,690)
- Stocks and contracts +€11,887
up €11,887 (+23.0%), from €51,653 to €63,540
- Reserves +€158,680
up €158,680 (+64.2%), from €247,000 to €405,680
of which Distributable reserves: +€158,680
- Trade debts +€67,690
up €67,690 (+29.0%), from €233,703 to €301,392
- Other debts +€22,961
up €22,961 (+38.3%), from €60,000 to €82,961
- Debts after one year -€17,153
down €17,153 (-74.4%), from €23,041 to €5,887
- Gross operating margin +€253,132
up €253,132 (+70.1%), from €361,246 to €614,378
- Staff costs +€75,137
up €75,137 (+34.9%), from €215,459 to €290,596
- Taxes +€30,267
up €30,267 (+132.5%), from €22,841 to €53,108
- Write-downs +€16,221
new in 2025: €16,221
- Financial charges +€15,432
up €15,432 (+445.2%), from €3,467 to €18,898
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 | €641,400 | €879,532 | +€238,132 | +37.1% |
| Fixed assets | 21/28 | €17,988 | €73,276 | +€55,288 | +307.4% |
| Tangible fixed assets | 22/27 | €14,388 | €69,676 | +€55,288 | +384.3% |
| Plant, machinery and equipment | 23 | €440 | €2,669 | +€2,229 | +506.4% |
| Furniture and vehicles | 24 | €4,411 | €3,854 | -€557 | -12.6% |
| Other tangible fixed assets | 26 | €9,537 | €63,153 | +€53,616 | +562.2% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €623,412 | €806,256 | +€182,845 | +29.3% |
| Stocks and contracts in progress | 3 | €51,653 | €63,540 | +€11,887 | +23.0% |
| Stocks | 30/36 | €51,653 | €63,540 | +€11,887 | +23.0% |
| Amounts receivable within one year | 40/41 | €456,409 | €586,567 | +€130,158 | +28.5% |
| Trade receivables | 40 | €356,655 | €473,956 | +€117,301 | +32.9% |
| Other amounts receivable | 41 | €99,754 | €112,611 | +€12,857 | +12.9% |
| Cash at bank and in hand | 54/58 | €112,766 | €149,066 | +€36,301 | +32.2% |
| Deferred charges and accrued income | 490/1 | €2,583 | €7,083 | +€4,499 | +174.2% |
| Total equity and liabilities | 10/49 | €641,400 | €879,532 | +€238,132 | +37.1% |
| Equity | 10/15 | €267,000 | €425,680 | +€158,680 | +59.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €247,000 | €405,680 | +€158,680 | +64.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €245,000 | €403,680 | +€158,680 | +64.8% |
| Amounts payable | 17/49 | €374,400 | €453,852 | +€79,452 | +21.2% |
| Amounts payable after more than one year | 17 | €23,041 | €5,887 | -€17,153 | -74.4% |
| Financial debts | 170/4 | €23,041 | €5,887 | -€17,153 | -74.4% |
| Amounts payable within one year | 42/48 | €351,359 | €447,964 | +€96,605 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €16,415 | €17,153 | +€739 | +4.5% |
| Trade debts | 44 | €233,703 | €301,392 | +€67,690 | +29.0% |
| Suppliers | 440/4 | €233,703 | €301,392 | +€67,690 | +29.0% |
| Taxes, remuneration and social security | 45 | €41,242 | €46,458 | +€5,216 | +12.6% |
| Taxes | 450/3 | €21,906 | €15,336 | -€6,571 | -30.0% |
| Remuneration and social security | 454/9 | €19,336 | €31,122 | +€11,787 | +61.0% |
| Other amounts payable | 47/48 | €60,000 | €82,961 | +€22,961 | +38.3% |
| Remuneration, social security and pensions | 62 | €215,459 | €290,596 | +€75,137 | +34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €5,106 | +€4,836 | +1794.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,221 | +€16,221 | |
| Other operating charges | 640/8 | €2,442 | €4,315 | +€1,873 | +76.7% |
| Gross operating margin | 9900 | €361,246 | €614,378 | +€253,132 | +70.1% |
| Operating profit (loss) | 9901 | €143,075 | €298,140 | +€155,065 | +108.4% |
| Financial income | 75/76B | €4,824 | €12,547 | +€7,723 | +160.1% |
| Recurring financial income | 75 | €4,824 | €12,547 | +€7,723 | +160.1% |
| Financial charges | 65/66B | €3,467 | €18,898 | +€15,432 | +445.2% |
| Recurring financial charges | 65 | €3,467 | €18,898 | +€15,432 | +445.2% |
| Profit (loss) for the period before taxes | 9903 | €144,433 | €291,789 | +€147,356 | +102.0% |
| Income taxes | 67/77 | €22,841 | €53,108 | +€30,267 | +132.5% |
| Profit (loss) for the period | 9904 | €121,591 | €238,680 | +€117,089 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €121,591 | €238,680 | +€117,089 | +96.3% |
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.