PERRE: 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.
PERRE
Largest movements
- Tangible fixed assets -€59,662
down €59,662 (-22.4%), from €266,752 to €207,090
of which Furniture and vehicles: -€67,582
- Receivables within one year +€46,073
up €46,073 (+41.3%), from €111,572 to €157,645
of which Trade receivables: +€38,126
- Current portion of long-term debt -€16,013
down €16,013 (-57.3%), from €27,946 to €11,933
- Debts after one year -€11,933
down €11,933 (-94.2%), from €12,662 to €729
- Profit (loss) carried forward +€9,018
up €9,018 (+16.7%), from -€53,930 to -€44,912
- Trade debts +€7,796
up €7,796 (+45.2%), from €17,229 to €25,025
- Gross operating margin +€131,868
up €131,868 (+213%), from €61,889 to €193,757
- Staff costs +€63,119
new in 2025: €63,119
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 | €509,141 | €500,992 | -€8,149 | -1.6% |
| Fixed assets | 21/28 | €266,896 | €207,234 | -€59,662 | -22.4% |
| Tangible fixed assets | 22/27 | €266,752 | €207,090 | -€59,662 | -22.4% |
| Land and buildings | 22 | €53,971 | €45,401 | -€8,571 | -15.9% |
| Plant, machinery and equipment | 23 | €16,312 | €32,802 | +€16,490 | +101% |
| Furniture and vehicles | 24 | €196,469 | €128,887 | -€67,582 | -34.4% |
| Financial fixed assets | 28 | €144 | €144 | = | 0.0% |
| Current assets | 29/58 | €242,244 | €293,758 | +€51,513 | +21.3% |
| Amounts receivable within one year | 40/41 | €111,572 | €157,645 | +€46,073 | +41.3% |
| Trade receivables | 40 | €96,258 | €134,384 | +€38,126 | +39.6% |
| Other amounts receivable | 41 | €15,315 | €23,262 | +€7,947 | +51.9% |
| Cash at bank and in hand | 54/58 | €119,064 | €123,720 | +€4,655 | +3.9% |
| Deferred charges and accrued income | 490/1 | €11,608 | €12,393 | +€785 | +6.8% |
| Total equity and liabilities | 10/49 | €509,141 | €500,992 | -€8,149 | -1.6% |
| Equity | 10/15 | €432,070 | €441,088 | +€9,018 | +2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €466,000 | €466,000 | = | 0.0% |
| Distributable reserves | 133 | €466,000 | €466,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,930 | -€44,912 | +€9,018 | +16.7% |
| Amounts payable | 17/49 | €77,071 | €59,903 | -€17,168 | -22.3% |
| Amounts payable after more than one year | 17 | €12,662 | €729 | -€11,933 | -94.2% |
| Financial debts | 170/4 | €12,662 | €729 | -€11,933 | -94.2% |
| Amounts payable within one year | 42/48 | €64,409 | €59,175 | -€5,234 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €27,946 | €11,933 | -€16,013 | -57.3% |
| Trade debts | 44 | €17,229 | €25,025 | +€7,796 | +45.2% |
| Suppliers | 440/4 | €17,229 | €25,025 | +€7,796 | +45.2% |
| Taxes, remuneration and social security | 45 | €19,234 | €22,217 | +€2,983 | +15.5% |
| Taxes | 450/3 | €3,828 | €2,467 | -€1,360 | -35.5% |
| Remuneration and social security | 454/9 | €15,406 | €19,749 | +€4,343 | +28.2% |
| Non-recurring operating income | 76A | - | €1,413 | +€1,413 | |
| Remuneration, social security and pensions | 62 | - | €63,119 | +€63,119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,472 | €112,729 | -€1,743 | -1.5% |
| Other operating charges | 640/8 | €6,807 | €8,136 | +€1,329 | +19.5% |
| Gross operating margin | 9900 | €61,889 | €193,757 | +€131,868 | +213% |
| Operating profit (loss) | 9901 | -€59,390 | €9,773 | +€69,163 | |
| Financial income | 75/76B | €567 | €773 | +€206 | +36.4% |
| Recurring financial income | 75 | €567 | €773 | +€206 | +36.4% |
| Financial charges | 65/66B | €1,043 | €1,193 | +€150 | +14.4% |
| Recurring financial charges | 65 | €1,043 | €1,193 | +€150 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,866 | €9,353 | +€69,219 | |
| Income taxes | 67/77 | €326 | €334 | +€8 | +2.5% |
| Profit (loss) for the period | 9904 | -€60,192 | €9,018 | +€69,211 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,192 | €9,018 | +€69,211 |
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 13 October 2026 via checked.be.