Permad: 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.
Permad
Largest movements
- Receivables within one year +€33,700
new in 2025: €33,700
- Tangible fixed assets -€7,500
down €7,500 (-27.3%), from €27,500 to €20,000
- Cash +€4,538
up €4,538 (+72.0%), from €6,305 to €10,843
mainly Other debts (+€33,700) and Investment in fixed assets (net) (+€7,500)
- Other debts +€33,700
up €33,700 (+88.5%), from €38,065 to €71,765
- Profit (loss) carried forward -€2,873
down €2,873 (-14.3%), from -€20,060 to -€22,933
- Gross operating margin +€14,989
up €14,989 (+84.5%), from -€17,736 to -€2,747
- Other operating charges -€2,208
down €2,208 (-96.6%), from €2,286 to €78
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 | €33,913 | €64,768 | +€30,855 | +91.0% |
| Fixed assets | 21/28 | €27,500 | €20,000 | -€7,500 | -27.3% |
| Tangible fixed assets | 22/27 | €27,500 | €20,000 | -€7,500 | -27.3% |
| Land and buildings | 22 | €27,500 | €20,000 | -€7,500 | -27.3% |
| Current assets | 29/58 | €6,413 | €44,768 | +€38,355 | +598% |
| Amounts receivable within one year | 40/41 | - | €33,700 | +€33,700 | |
| Trade receivables | 40 | - | €33,700 | +€33,700 | |
| Cash at bank and in hand | 54/58 | €6,305 | €10,843 | +€4,538 | +72.0% |
| Deferred charges and accrued income | 490/1 | €108 | €225 | +€117 | +108% |
| Total equity and liabilities | 10/49 | €33,913 | €64,768 | +€30,855 | +91.0% |
| Equity | 10/15 | -€5,060 | -€7,933 | -€2,873 | -56.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,060 | -€22,933 | -€2,873 | -14.3% |
| Amounts payable | 17/49 | €38,973 | €72,701 | +€33,728 | +86.5% |
| Amounts payable within one year | 42/48 | €38,973 | €72,701 | +€33,728 | +86.5% |
| Trade debts | 44 | €908 | €936 | +€28 | +3.1% |
| Suppliers | 440/4 | €908 | €936 | +€28 | +3.1% |
| Other amounts payable | 47/48 | €38,065 | €71,765 | +€33,700 | +88.5% |
| Other operating charges | 640/8 | €2,286 | €78 | -€2,208 | -96.6% |
| Gross operating margin | 9900 | -€17,736 | -€2,747 | +€14,989 | +84.5% |
| Operating profit (loss) | 9901 | -€20,022 | -€2,825 | +€17,197 | +85.9% |
| Financial charges | 65/66B | €38 | €48 | +€10 | +26.3% |
| Recurring financial charges | 65 | €38 | €48 | +€10 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,060 | -€2,873 | +€17,187 | +85.7% |
| Profit (loss) for the period | 9904 | -€20,060 | -€2,873 | +€17,187 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,060 | -€2,873 | +€17,187 | +85.7% |
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 13 October 2026 via checked.be.