Permeco: 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.
Permeco
Largest movements
- Cash +€239,882
up €239,882 (+339.7%), from €70,612 to €310,494
mainly Net result for the year (+€273,208) and Tax, wage and social debts (+€92,400)
- Current investments +€128,000
up €128,000 (+26.4%), from €484,000 to €612,000
- Profit (loss) carried forward +€273,208
up €273,208 (+63.3%), from €431,460 to €704,667
- Tax, wage and social debts +€92,400
up €92,400 (+80.0%), from €115,448 to €207,847
- Gross operating margin +€56,795
up €56,795 (+18.8%), from €302,049 to €358,844
- Taxes +€14,003
up €14,003 (+19.9%), from €70,471 to €84,473
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 | €554,612 | €922,822 | +€368,210 | +66.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €554,612 | €922,822 | +€368,210 | +66.4% |
| Amounts receivable within one year | 40/41 | - | €328 | +€328 | |
| Trade receivables | 40 | - | €328 | +€328 | |
| Current investments | 50/53 | €484,000 | €612,000 | +€128,000 | +26.4% |
| Cash at bank and in hand | 54/58 | €70,612 | €310,494 | +€239,882 | +339.7% |
| Total equity and liabilities | 10/49 | €554,612 | €922,822 | +€368,210 | +66.4% |
| Equity | 10/15 | €431,560 | €704,767 | +€273,208 | +63.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €431,460 | €704,667 | +€273,208 | +63.3% |
| Amounts payable | 17/49 | €123,052 | €218,054 | +€95,002 | +77.2% |
| Amounts payable within one year | 42/48 | €121,852 | €216,854 | +€95,002 | +78.0% |
| Trade debts | 44 | €0 | €196 | +€196 | |
| Suppliers | 440/4 | €0 | €196 | +€196 | |
| Taxes, remuneration and social security | 45 | €115,448 | €207,847 | +€92,400 | +80.0% |
| Taxes | 450/3 | €115,448 | €207,847 | +€92,400 | +80.0% |
| Other amounts payable | 47/48 | €6,404 | €8,811 | +€2,407 | +37.6% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €758 | €1,271 | +€514 | +67.8% |
| Non-recurring operating charges | 66A | €2,266 | €0 | -€2,266 | -100.0% |
| Gross operating margin | 9900 | €302,049 | €358,844 | +€56,795 | +18.8% |
| Operating profit (loss) | 9901 | €299,026 | €357,572 | +€58,546 | +19.6% |
| Financial income | 75/76B | €917 | €178 | -€739 | -80.6% |
| Recurring financial income | 75 | €917 | €178 | -€739 | -80.6% |
| Financial charges | 65/66B | €745 | €69 | -€675 | -90.7% |
| Recurring financial charges | 65 | €745 | €69 | -€675 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €299,198 | €357,681 | +€58,483 | +19.5% |
| Income taxes | 67/77 | €70,471 | €84,473 | +€14,003 | +19.9% |
| Profit (loss) for the period | 9904 | €228,727 | €273,208 | +€44,480 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €228,727 | €273,208 | +€44,480 | +19.4% |
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 7 October 2026 via checked.be.