PERNATOUR: 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.
PERNATOUR
Largest movements
- Tangible fixed assets -€16,536
down €16,536 (-4.9%), from €335,146 to €318,610
of which Plant, machinery and equipment: -€9,132
- Profit (loss) carried forward -€17,978
down €17,978 (-17.6%), from -€102,078 to -€120,055
- Accrued charges and deferred income +€3,550
new in 2025: €3,550
- Gross operating margin -€4,195
down €4,195 (-15.2%), from €27,577 to €23,382
- Depreciation +€518
up €518 (+1.5%), from €34,477 to €34,995
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 | €344,307 | €328,966 | -€15,341 | -4.5% |
| Fixed assets | 21/28 | €335,146 | €318,610 | -€16,536 | -4.9% |
| Tangible fixed assets | 22/27 | €335,146 | €318,610 | -€16,536 | -4.9% |
| Land and buildings | 22 | €225,568 | €216,664 | -€8,904 | -3.9% |
| Plant, machinery and equipment | 23 | €109,578 | €100,445 | -€9,132 | -8.3% |
| Furniture and vehicles | 24 | - | €1,501 | +€1,501 | |
| Current assets | 29/58 | €9,161 | €10,356 | +€1,195 | +13.0% |
| Cash at bank and in hand | 54/58 | €9,161 | €10,356 | +€1,195 | +13.0% |
| Total equity and liabilities | 10/49 | €344,307 | €328,966 | -€15,341 | -4.5% |
| Equity | 10/15 | €136,182 | €118,205 | -€17,978 | -13.2% |
| Contributions | 10/11 | €226,000 | €226,000 | = | 0.0% |
| Capital | 10 | €226,000 | €226,000 | = | 0.0% |
| Issued capital | 100 | €226,000 | €226,000 | = | 0.0% |
| Reserves | 13 | €12,260 | €12,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,260 | €2,260 | = | 0.0% |
| Legal reserve | 130 | €2,260 | €2,260 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,078 | -€120,055 | -€17,978 | -17.6% |
| Amounts payable | 17/49 | €208,124 | €210,762 | +€2,637 | +1.3% |
| Amounts payable within one year | 42/48 | €208,124 | €207,212 | -€913 | -0.4% |
| Other amounts payable | 47/48 | €208,124 | €207,212 | -€913 | -0.4% |
| Accrued charges and deferred income | 492/3 | - | €3,550 | +€3,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,477 | €34,995 | +€518 | +1.5% |
| Other operating charges | 640/8 | €6,124 | €6,274 | +€150 | +2.4% |
| Gross operating margin | 9900 | €27,577 | €23,382 | -€4,195 | -15.2% |
| Operating profit (loss) | 9901 | -€13,025 | -€17,888 | -€4,863 | -37.3% |
| Financial charges | 65/66B | €336 | €90 | -€246 | -73.2% |
| Recurring financial charges | 65 | €336 | €90 | -€246 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,361 | -€17,978 | -€4,617 | -34.6% |
| Profit (loss) for the period | 9904 | -€13,361 | -€17,978 | -€4,617 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,361 | -€17,978 | -€4,617 | -34.6% |
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 30 September 2026 via checked.be.