PERISCOP: 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.
PERISCOP
Largest movements
- Cash +€34,801
up €34,801 (+59.6%), from €58,376 to €93,177
mainly Net result for the year (+€26,824) and Receivables within one year (+€21,674)
- Receivables within one year -€21,674
down €21,674 (-67.2%), from €32,242 to €10,568
of which Trade receivables: -€21,674
- Tangible fixed assets -€5,783
down €5,783 (-34.4%), from €16,812 to €11,028
- Profit (loss) carried forward +€26,824
up €26,824 (+53.6%), from €50,083 to €76,906
- Other debts -€8,890
down €8,890 (-40.1%), from €22,141 to €13,252
- Tax, wage and social debts -€6,130
down €6,130 (-35.9%), from €17,064 to €10,935
- Debts after one year -€3,851
down €3,851 (-32.9%), from €11,714 to €7,863
- Gross operating margin -€24,782
down €24,782 (-37.5%), from €66,091 to €41,309
- Taxes -€5,985
down €5,985 (-45.0%), from €13,302 to €7,317
- Depreciation +€1,538
up €1,538 (+36.2%), from €4,245 to €5,783
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 | €107,561 | €115,171 | +€7,610 | +7.1% |
| Fixed assets | 21/28 | €16,812 | €11,028 | -€5,783 | -34.4% |
| Tangible fixed assets | 22/27 | €16,812 | €11,028 | -€5,783 | -34.4% |
| Furniture and vehicles | 24 | €16,812 | €11,028 | -€5,783 | -34.4% |
| Current assets | 29/58 | €90,750 | €104,143 | +€13,393 | +14.8% |
| Amounts receivable within one year | 40/41 | €32,242 | €10,568 | -€21,674 | -67.2% |
| Trade receivables | 40 | €32,242 | €10,568 | -€21,674 | -67.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €58,376 | €93,177 | +€34,801 | +59.6% |
| Deferred charges and accrued income | 490/1 | €132 | €398 | +€266 | +202.4% |
| Total equity and liabilities | 10/49 | €107,561 | €115,171 | +€7,610 | +7.1% |
| Equity | 10/15 | €52,083 | €78,906 | +€26,824 | +51.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,083 | €76,906 | +€26,824 | +53.6% |
| Amounts payable | 17/49 | €55,478 | €36,264 | -€19,214 | -34.6% |
| Amounts payable after more than one year | 17 | €11,714 | €7,863 | -€3,851 | -32.9% |
| Financial debts | 170/4 | €11,714 | €7,863 | -€3,851 | -32.9% |
| Amounts payable within one year | 42/48 | €43,765 | €28,401 | -€15,363 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €3,688 | €3,851 | +€163 | +4.4% |
| Financial debts | 43 | €2 | €0 | -€2 | -100.0% |
| Credit institutions | 430/8 | €2 | €0 | -€2 | -100.0% |
| Trade debts | 44 | €869 | €364 | -€505 | -58.1% |
| Suppliers | 440/4 | €869 | €364 | -€505 | -58.1% |
| Taxes, remuneration and social security | 45 | €17,064 | €10,935 | -€6,130 | -35.9% |
| Taxes | 450/3 | €17,064 | €10,935 | -€6,130 | -35.9% |
| Other amounts payable | 47/48 | €22,141 | €13,252 | -€8,890 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,245 | €5,783 | +€1,538 | +36.2% |
| Other operating charges | 640/8 | €601 | €670 | +€69 | +11.4% |
| Gross operating margin | 9900 | €66,091 | €41,309 | -€24,782 | -37.5% |
| Operating profit (loss) | 9901 | €61,245 | €34,855 | -€26,389 | -43.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €233 | €715 | +€482 | +206.7% |
| Recurring financial charges | 65 | €233 | €715 | +€482 | +206.7% |
| Profit (loss) for the period before taxes | 9903 | €61,011 | €34,141 | -€26,871 | -44.0% |
| Income taxes | 67/77 | €13,302 | €7,317 | -€5,985 | -45.0% |
| Profit (loss) for the period | 9904 | €47,709 | €26,824 | -€20,886 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,709 | €26,824 | -€20,886 | -43.8% |
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.