PERPETOS: 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.
PERPETOS
Largest movements
- Receivables within one year -€88,407
down €88,407 (-29.5%), from €299,475 to €211,067
of which Other amounts receivable: -€49,103
- Cash +€87,662
up €87,662 (+49.5%), from €176,972 to €264,634
mainly Receivables within one year (+€88,407) and Trade debts (+€24,916)
- Tangible fixed assets -€16,618
down €16,618 (-23.9%), from €69,474 to €52,855
of which Other tangible fixed assets: -€11,870
- Accrued charges and deferred income -€32,002
down €32,002 (-74.5%), from €42,962 to €10,959
- Trade debts +€24,916
up €24,916 (+8.7%), from €286,286 to €311,202
- Tax, wage and social debts -€16,469
down €16,469 (-59.5%), from €27,683 to €11,214
of which Taxes: -€13,861
- Other debts +€7,466
up €7,466 (+19.6%), from €38,150 to €45,617
- Gross operating margin -€18,706
down €18,706 (-23.8%), from €78,529 to €59,823
- Staff costs -€17,998
down €17,998 (-37.3%), from €48,292 to €30,294
- Provisions +€13,500
up €13,500, from -€13,500 to €0
- Financial charges -€4,364
down €4,364 (-61.0%), from €7,152 to €2,788
- Other operating charges +€4,028
up €4,028 (+368%), from €1,094 to €5,121
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 | €575,636 | €559,781 | -€15,856 | -2.8% |
| Fixed assets | 21/28 | €70,105 | €53,487 | -€16,618 | -23.7% |
| Tangible fixed assets | 22/27 | €69,474 | €52,855 | -€16,618 | -23.9% |
| Plant, machinery and equipment | 23 | €3,110 | €2,230 | -€880 | -28.3% |
| Furniture and vehicles | 24 | €7,256 | €3,387 | -€3,868 | -53.3% |
| Other tangible fixed assets | 26 | €59,108 | €47,238 | -€11,870 | -20.1% |
| Financial fixed assets | 28 | €632 | €632 | = | 0.0% |
| Current assets | 29/58 | €505,531 | €506,294 | +€763 | +0.2% |
| Amounts receivable within one year | 40/41 | €299,475 | €211,067 | -€88,407 | -29.5% |
| Trade receivables | 40 | €245,623 | €206,318 | -€39,305 | -16.0% |
| Other amounts receivable | 41 | €53,852 | €4,749 | -€49,103 | -91.2% |
| Cash at bank and in hand | 54/58 | €176,972 | €264,634 | +€87,662 | +49.5% |
| Deferred charges and accrued income | 490/1 | €29,084 | €30,593 | +€1,508 | +5.2% |
| Total equity and liabilities | 10/49 | €575,636 | €559,781 | -€15,856 | -2.8% |
| Equity | 10/15 | €178,823 | €179,078 | +€254 | +0.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,823 | €113,078 | +€254 | +0.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €396,813 | €380,703 | -€16,110 | -4.1% |
| Amounts payable within one year | 42/48 | €353,851 | €369,744 | +€15,893 | +4.5% |
| Financial debts | 43 | €1,732 | €1,711 | -€21 | -1.2% |
| Credit institutions | 430/8 | €1,732 | €1,711 | -€21 | -1.2% |
| Trade debts | 44 | €286,286 | €311,202 | +€24,916 | +8.7% |
| Suppliers | 440/4 | €286,286 | €311,202 | +€24,916 | +8.7% |
| Taxes, remuneration and social security | 45 | €27,683 | €11,214 | -€16,469 | -59.5% |
| Taxes | 450/3 | €19,666 | €5,805 | -€13,861 | -70.5% |
| Remuneration and social security | 454/9 | €8,017 | €5,409 | -€2,608 | -32.5% |
| Other amounts payable | 47/48 | €38,150 | €45,617 | +€7,466 | +19.6% |
| Accrued charges and deferred income | 492/3 | €42,962 | €10,959 | -€32,002 | -74.5% |
| Remuneration, social security and pensions | 62 | €48,292 | €30,294 | -€17,998 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,397 | €16,618 | -€778 | -4.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,500 | €0 | +€13,500 | |
| Other operating charges | 640/8 | €1,094 | €5,121 | +€4,028 | +368% |
| Gross operating margin | 9900 | €78,529 | €59,823 | -€18,706 | -23.8% |
| Operating profit (loss) | 9901 | €25,247 | €7,789 | -€17,458 | -69.1% |
| Financial income | 75/76B | €1,630 | €2,138 | +€508 | +31.2% |
| Recurring financial income | 75 | €1,630 | €2,138 | +€508 | +31.2% |
| Financial charges | 65/66B | €7,152 | €2,788 | -€4,364 | -61.0% |
| Recurring financial charges | 65 | €7,152 | €2,788 | -€4,364 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €19,725 | €7,139 | -€12,585 | -63.8% |
| Income taxes | 67/77 | €6,793 | €6,885 | +€92 | +1.4% |
| Profit (loss) for the period | 9904 | €12,932 | €254 | -€12,677 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,932 | €254 | -€12,677 | -98.0% |
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 16 October 2026 via checked.be.