PERPHILCO: 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.
PERPHILCO
Largest movements
- Cash -€85,758
down €85,758 (-84.9%), from €101,011 to €15,253
mainly Other debts (-€169,339) and Current portion of long-term debt (-€33,916)
- Stocks and contracts -€73,615
down €73,615 (-5.6%), from €1.3m to €1.2m
- Receivables within one year -€18,149
down €18,149 (-50.4%), from €35,983 to €17,834
of which Trade receivables: -€17,453
- Other debts -€169,339
down €169,339 (-31.6%), from €535,775 to €366,436
- Current portion of long-term debt -€33,916
no longer reported in 2024 (was €33,916)
- Gross operating margin -€10,538
down €10,538 (-30.4%), from €34,637 to €24,100
- Depreciation +€7,018
up €7,018 (+238.6%), from €2,942 to €9,960
- Financial charges -€3,604
down €3,604 (-85.4%), from €4,222 to €617
- Taxes -€3,356
down €3,356 (-49.2%), from €6,827 to €3,472
- Other operating charges -€2,560
down €2,560 (-63.3%), from €4,043 to €1,482
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,500,070 | €1,312,957 | -€187,113 | -12.5% |
| Fixed assets | 21/28 | €47,087 | €37,127 | -€9,960 | -21.2% |
| Tangible fixed assets | 22/27 | €47,087 | €37,127 | -€9,960 | -21.2% |
| Furniture and vehicles | 24 | €47,087 | €37,127 | -€9,960 | -21.2% |
| Current assets | 29/58 | €1,452,983 | €1,275,830 | -€177,153 | -12.2% |
| Stocks and contracts in progress | 3 | €1,314,961 | €1,241,346 | -€73,615 | -5.6% |
| Stocks | 30/36 | €1,314,961 | €1,241,346 | -€73,615 | -5.6% |
| Amounts receivable within one year | 40/41 | €35,983 | €17,834 | -€18,149 | -50.4% |
| Trade receivables | 40 | €25,357 | €7,903 | -€17,453 | -68.8% |
| Other amounts receivable | 41 | €10,627 | €9,931 | -€696 | -6.5% |
| Cash at bank and in hand | 54/58 | €101,011 | €15,253 | -€85,758 | -84.9% |
| Deferred charges and accrued income | 490/1 | €1,028 | €1,396 | +€368 | +35.9% |
| Total equity and liabilities | 10/49 | €1,500,070 | €1,312,957 | -€187,113 | -12.5% |
| Equity | 10/15 | €922,679 | €931,162 | +€8,483 | +0.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €622,679 | €631,162 | +€8,483 | +1.4% |
| Distributable reserves | 133 | €622,679 | €631,162 | +€8,483 | +1.4% |
| Amounts payable | 17/49 | €577,391 | €381,796 | -€195,595 | -33.9% |
| Amounts payable within one year | 42/48 | €577,391 | €381,796 | -€195,595 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €33,916 | - | -€33,916 | |
| Trade debts | 44 | €4,104 | €1,109 | -€2,995 | -73.0% |
| Suppliers | 440/4 | €4,104 | €1,109 | -€2,995 | -73.0% |
| Advances received on contracts in progress | 46 | €1,636 | €6,150 | +€4,514 | +275.9% |
| Taxes, remuneration and social security | 45 | €1,961 | €8,100 | +€6,140 | +313.2% |
| Taxes | 450/3 | €1,961 | €8,100 | +€6,140 | +313.2% |
| Other amounts payable | 47/48 | €535,775 | €366,436 | -€169,339 | -31.6% |
| Non-recurring operating income | 76A | €17,500 | - | -€17,500 | |
| Remuneration, social security and pensions | 62 | €81 | €86 | +€5 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,942 | €9,960 | +€7,018 | +238.6% |
| Other operating charges | 640/8 | €4,043 | €1,482 | -€2,560 | -63.3% |
| Gross operating margin | 9900 | €34,637 | €24,100 | -€10,538 | -30.4% |
| Operating profit (loss) | 9901 | €27,571 | €12,572 | -€15,000 | -54.4% |
| Financial income | 75/76B | €1,062 | - | -€1,062 | |
| Recurring financial income | 75 | €1,062 | - | -€1,062 | |
| Financial charges | 65/66B | €4,222 | €617 | -€3,604 | -85.4% |
| Recurring financial charges | 65 | €4,222 | €617 | -€3,604 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | €24,412 | €11,954 | -€12,458 | -51.0% |
| Income taxes | 67/77 | €6,827 | €3,472 | -€3,356 | -49.2% |
| Profit (loss) for the period | 9904 | €17,584 | €8,483 | -€9,102 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,584 | €8,483 | -€9,102 | -51.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.