PERNEBO: 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.
PERNEBO
Largest movements
- Stocks and contracts +€542,889
new in 2025: €542,889
- Cash -€36,341
down €36,341 (-69.6%), from €52,186 to €15,845
mainly Stocks and contracts (-€542,889) and Contributions, distributions and other (-€70,000)
- Current investments -€34,263
down €34,263 (-11.2%), from €305,687 to €271,424
- Tangible fixed assets -€10,847
down €10,847 (-25.4%), from €42,679 to €31,832
of which Plant, machinery and equipment: -€5,815
- Receivables within one year -€9,929
down €9,929 (-11.5%), from €86,583 to €76,653
of which Other amounts receivable: -€7,535
- Short-term financial debts +€380,000
new in 2025: €380,000
- Other debts +€44,167
up €44,167 (+171%), from €25,833 to €70,000
- Trade debts +€30,957
up €30,957 (+302%), from €10,261 to €41,218
- Gross operating margin +€38,331
up €38,331 (+57.7%), from €66,428 to €104,759
- Taxes +€8,276
up €8,276 (+35.1%), from €23,586 to €31,863
- Financial charges +€5,797
up €5,797 (+713%), from €813 to €6,610
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 | €487,466 | €939,453 | +€451,988 | +92.7% |
| Fixed assets | 21/28 | €42,679 | €31,832 | -€10,847 | -25.4% |
| Tangible fixed assets | 22/27 | €42,679 | €31,832 | -€10,847 | -25.4% |
| Land and buildings | 22 | €798 | - | -€798 | |
| Plant, machinery and equipment | 23 | €26,902 | €21,087 | -€5,815 | -21.6% |
| Furniture and vehicles | 24 | €14,979 | €10,745 | -€4,234 | -28.3% |
| Current assets | 29/58 | €444,786 | €907,622 | +€462,835 | +104% |
| Stocks and contracts in progress | 3 | - | €542,889 | +€542,889 | |
| Stocks | 30/36 | - | €542,889 | +€542,889 | |
| Amounts receivable within one year | 40/41 | €86,583 | €76,653 | -€9,929 | -11.5% |
| Trade receivables | 40 | €24,397 | €22,003 | -€2,395 | -9.8% |
| Other amounts receivable | 41 | €62,186 | €54,651 | -€7,535 | -12.1% |
| Current investments | 50/53 | €305,687 | €271,424 | -€34,263 | -11.2% |
| Cash at bank and in hand | 54/58 | €52,186 | €15,845 | -€36,341 | -69.6% |
| Deferred charges and accrued income | 490/1 | €331 | €811 | +€480 | +145% |
| Total equity and liabilities | 10/49 | €487,466 | €939,453 | +€451,988 | +92.7% |
| Equity | 10/15 | €437,836 | €432,006 | -€5,830 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €425,900 | €420,000 | -€5,900 | -1.4% |
| Distributable reserves | 133 | €425,900 | €420,000 | -€5,900 | -1.4% |
| Profit (loss) carried forward | 14 | €5,736 | €5,806 | +€70 | +1.2% |
| Amounts payable | 17/49 | €49,630 | €507,448 | +€457,818 | +922% |
| Amounts payable within one year | 42/48 | €49,243 | €507,448 | +€458,205 | +931% |
| Financial debts | 43 | - | €380,000 | +€380,000 | |
| Credit institutions | 430/8 | - | €380,000 | +€380,000 | |
| Trade debts | 44 | €10,261 | €41,218 | +€30,957 | +302% |
| Suppliers | 440/4 | €10,261 | €41,218 | +€30,957 | +302% |
| Taxes, remuneration and social security | 45 | €13,149 | €16,230 | +€3,081 | +23.4% |
| Taxes | 450/3 | €13,149 | €16,230 | +€3,081 | +23.4% |
| Other amounts payable | 47/48 | €25,833 | €70,000 | +€44,167 | +171% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,616 | €13,411 | -€205 | -1.5% |
| Other operating charges | 640/8 | €810 | €1,021 | +€211 | +26.0% |
| Gross operating margin | 9900 | €66,428 | €104,759 | +€38,331 | +57.7% |
| Operating profit (loss) | 9901 | €52,002 | €90,328 | +€38,326 | +73.7% |
| Financial income | 75/76B | €11,739 | €12,316 | +€576 | +4.9% |
| Recurring financial income | 75 | €11,739 | €6,579 | -€5,160 | -44.0% |
| Non-recurring financial income | 76B | - | €5,737 | +€5,737 | |
| Financial charges | 65/66B | €813 | €6,610 | +€5,797 | +713% |
| Recurring financial charges | 65 | €813 | €6,610 | +€5,797 | +713% |
| Profit (loss) for the period before taxes | 9903 | €62,928 | €96,033 | +€33,104 | +52.6% |
| Income taxes | 67/77 | €23,586 | €31,863 | +€8,276 | +35.1% |
| Profit (loss) for the period | 9904 | €39,342 | €64,170 | +€24,828 | +63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,342 | €64,170 | +€24,828 | +63.1% |
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 18 October 2026 via checked.be.