PERMEKE: 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.
PERMEKE
Largest movements
- Tangible fixed assets -€159,877
down €159,877 (-5.2%), from €3.1m to €2.9m
of which Land and buildings: -€137,873
- Receivables within one year +€79,727
up €79,727 (+938.8%), from €8,493 to €88,220
of which Other amounts receivable: +€84,531
- Advances received +€250,000
new in 2025: €250,000
- Current portion of long-term debt -€162,901
down €162,901 (-34.9%), from €466,190 to €303,290
- Reserves -€153,863
down €153,863 (-8.7%), from €1.8m to €1.6m
of which Distributable reserves: -€90,702
- Gross operating margin -€53,720
down €53,720 (-50.5%), from €106,341 to €52,621
- Other operating charges +€10,587
up €10,587 (+66.2%), from €15,987 to €26,574
- Depreciation +€6,862
up €6,862 (+4.5%), from €153,015 to €159,877
- Financial charges -€4,913
down €4,913 (-19.4%), from €25,285 to €20,372
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 | €3,104,849 | €3,048,282 | -€56,567 | -1.8% |
| Fixed assets | 21/28 | €3,077,552 | €2,917,675 | -€159,877 | -5.2% |
| Tangible fixed assets | 22/27 | €3,077,552 | €2,917,675 | -€159,877 | -5.2% |
| Land and buildings | 22 | €2,993,166 | €2,855,293 | -€137,873 | -4.6% |
| Plant, machinery and equipment | 23 | €18,425 | €11,331 | -€7,094 | -38.5% |
| Furniture and vehicles | 24 | €65,961 | €51,051 | -€14,910 | -22.6% |
| Current assets | 29/58 | €27,297 | €130,607 | +€103,310 | +378.5% |
| Amounts receivable within one year | 40/41 | €8,493 | €88,220 | +€79,727 | +938.8% |
| Trade receivables | 40 | €4,804 | - | -€4,804 | |
| Other amounts receivable | 41 | €3,689 | €88,220 | +€84,531 | +2291.5% |
| Cash at bank and in hand | 54/58 | €7,468 | €34,946 | +€27,478 | +367.9% |
| Deferred charges and accrued income | 490/1 | €11,336 | €7,442 | -€3,895 | -34.4% |
| Total equity and liabilities | 10/49 | €3,104,849 | €3,048,282 | -€56,567 | -1.8% |
| Equity | 10/15 | €2,572,163 | €2,418,300 | -€153,863 | -6.0% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €1,772,163 | €1,618,300 | -€153,863 | -8.7% |
| Non-distributable reserves | 130/1 | €115,000 | €115,000 | = | 0.0% |
| Legal reserve | 130 | €115,000 | €115,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €897,330 | €834,170 | -€63,160 | -7.0% |
| Distributable reserves | 133 | €759,833 | €669,130 | -€90,702 | -11.9% |
| Amounts payable | 17/49 | €532,686 | €629,982 | +€97,296 | +18.3% |
| Amounts payable after more than one year | 17 | €44,829 | €32,246 | -€12,582 | -28.1% |
| Financial debts | 170/4 | €44,829 | €32,246 | -€12,582 | -28.1% |
| Amounts payable within one year | 42/48 | €484,063 | €594,443 | +€110,380 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €466,190 | €303,290 | -€162,901 | -34.9% |
| Trade debts | 44 | €15,146 | €39,824 | +€24,679 | +162.9% |
| Suppliers | 440/4 | €15,146 | €39,824 | +€24,679 | +162.9% |
| Advances received on contracts in progress | 46 | - | €250,000 | +€250,000 | |
| Taxes, remuneration and social security | 45 | €507 | €209 | -€298 | -58.8% |
| Taxes | 450/3 | €507 | €209 | -€298 | -58.8% |
| Other amounts payable | 47/48 | €2,220 | €1,120 | -€1,100 | -49.5% |
| Accrued charges and deferred income | 492/3 | €3,795 | €3,293 | -€502 | -13.2% |
| Remuneration, social security and pensions | 62 | €6 | - | -€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,015 | €159,877 | +€6,862 | +4.5% |
| Other operating charges | 640/8 | €15,987 | €26,574 | +€10,587 | +66.2% |
| Gross operating margin | 9900 | €106,341 | €52,621 | -€53,720 | -50.5% |
| Operating profit (loss) | 9901 | -€62,667 | -€133,830 | -€71,163 | -113.6% |
| Financial income | 75/76B | €135 | €571 | +€436 | +321.7% |
| Recurring financial income | 75 | €135 | €571 | +€436 | +321.7% |
| Financial charges | 65/66B | €25,285 | €20,372 | -€4,913 | -19.4% |
| Recurring financial charges | 65 | €25,285 | €20,372 | -€4,913 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€87,817 | -€153,630 | -€65,814 | -74.9% |
| Income taxes | 67/77 | €471 | €233 | -€238 | -50.6% |
| Profit (loss) for the period | 9904 | -€88,288 | -€153,863 | -€65,575 | -74.3% |
| Transfer from tax-exempt reserves | 789 | €63,160 | €63,160 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,127 | -€90,702 | -€65,575 | -261.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.