PERMANTIER MOTORS: what changed
PERMANTIER MOTORS
Largest movements
- Stocks and contracts -€170,961
down €170,961 (-32.9%), from €518,856 to €347,895
- Cash +€50,796
up €50,796 (+521%), from €9,753 to €60,549
mainly Stocks and contracts (+€170,961) and Net result for the year (+€53,136)
- Tangible fixed assets -€43,321
down €43,321 (-31.9%), from €135,983 to €92,662
of which Other tangible fixed assets: -€34,136
- Receivables within one year -€21,759
down €21,759 (-16.3%), from €133,478 to €111,719
of which Other amounts receivable: -€15,645
- Trade debts -€195,141
down €195,141 (-70.6%), from €276,240 to €81,099
- Reserves +€53,136
up €53,136 (+13.3%), from €398,874 to €452,010
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Tax, wage and social debts +€13,543
up €13,543 (+38.3%), from €35,401 to €48,945
of which Taxes: +€15,501
- Gross operating margin -€8,682
down €8,682 (-3.0%), from €289,658 to €280,976
- Staff costs -€5,253
down €5,253 (-3.5%), from €148,529 to €143,276
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €804,633 | €619,380 | -€185,253 | -23.0% |
| Fixed assets | 21/28 | €136,963 | €93,642 | -€43,321 | -31.6% |
| Tangible fixed assets | 22/27 | €135,983 | €92,662 | -€43,321 | -31.9% |
| Plant, machinery and equipment | 23 | €19,390 | €12,584 | -€6,807 | -35.1% |
| Furniture and vehicles | 24 | €6,655 | €4,277 | -€2,379 | -35.7% |
| Other tangible fixed assets | 26 | €109,937 | €75,801 | -€34,136 | -31.1% |
| Financial fixed assets | 28 | €980 | €980 | = | 0.0% |
| Current assets | 29/58 | €667,670 | €525,738 | -€141,932 | -21.3% |
| Stocks and contracts in progress | 3 | €518,856 | €347,895 | -€170,961 | -32.9% |
| Stocks | 30/36 | €518,856 | €347,895 | -€170,961 | -32.9% |
| Amounts receivable within one year | 40/41 | €133,478 | €111,719 | -€21,759 | -16.3% |
| Trade receivables | 40 | €24,139 | €18,025 | -€6,114 | -25.3% |
| Other amounts receivable | 41 | €109,340 | €93,694 | -€15,645 | -14.3% |
| Cash at bank and in hand | 54/58 | €9,753 | €60,549 | +€50,796 | +521% |
| Deferred charges and accrued income | 490/1 | €5,583 | €5,575 | -€8 | -0.1% |
| Total equity and liabilities | 10/49 | €804,633 | €619,380 | -€185,253 | -23.0% |
| Equity | 10/15 | €417,474 | €470,610 | +€53,136 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €398,874 | €452,010 | +€53,136 | +13.3% |
| Distributable reserves | 133 | €398,874 | €452,010 | +€53,136 | +13.3% |
| Amounts payable | 17/49 | €387,160 | €148,770 | -€238,390 | -61.6% |
| Amounts payable after more than one year | 17 | €18,726 | €11,789 | -€6,937 | -37.0% |
| Financial debts | 170/4 | €8,108 | €1,171 | -€6,937 | -85.6% |
| Other amounts payable | 178/9 | €10,618 | €10,618 | = | 0.0% |
| Amounts payable within one year | 42/48 | €368,433 | €136,981 | -€231,452 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €6,792 | €6,937 | +€145 | +2.1% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Other loans | 439 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €276,240 | €81,099 | -€195,141 | -70.6% |
| Suppliers | 440/4 | €276,240 | €81,099 | -€195,141 | -70.6% |
| Taxes, remuneration and social security | 45 | €35,401 | €48,945 | +€13,543 | +38.3% |
| Taxes | 450/3 | €15,459 | €30,960 | +€15,501 | +100% |
| Remuneration and social security | 454/9 | €19,943 | €17,985 | -€1,958 | -9.8% |
| Remuneration, social security and pensions | 62 | €148,529 | €143,276 | -€5,253 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,316 | €43,321 | -€995 | -2.2% |
| Other operating charges | 640/8 | €2,586 | €4,347 | +€1,762 | +68.1% |
| Gross operating margin | 9900 | €289,658 | €280,976 | -€8,682 | -3.0% |
| Operating profit (loss) | 9901 | €94,227 | €90,032 | -€4,195 | -4.5% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €13,295 | €10,792 | -€2,503 | -18.8% |
| Recurring financial charges | 65 | €13,295 | €10,792 | -€2,503 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €80,935 | €79,240 | -€1,695 | -2.1% |
| Income taxes | 67/77 | €26,796 | €26,103 | -€693 | -2.6% |
| Profit (loss) for the period | 9904 | €54,138 | €53,136 | -€1,002 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,138 | €53,136 | -€1,002 | -1.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.