PERREAUX: 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.
What changed
PERREAUX
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€116,463
2024 · -€10,812+€127,275
Equity
€2.4m
2024 · €1.6m+€836,463
Cash
€62,172
2024 · €48,769+€13,403
Balance sheet total
€2.6m
2024 · €1.8m+€819,482
Largest movements
Assets
- Tangible fixed assets +€593,578
up €593,578 (+48.1%), from €1.2m to €1.8m
of which Land and buildings: +€623,178
- Receivables within one year +€534,315
up €534,315 (+699%), from €76,474 to €610,789
of which Trade receivables: +€538,847
- Stocks and contracts -€320,898
no longer reported in 2025 (was €320,898)
Equity and liabilities
- Contributions +€720,000
up €720,000 (+1,161%), from €62,000 to €782,000
- Reserves +€114,300
up €114,300 (+17.9%), from €636,814 to €751,114
of which Tax-exempt reserves: +€114,300
- Debts after one year -€55,000
down €55,000 (-31.4%), from €175,000 to €120,000
- Provisions +€38,100
new in 2025: €38,100
Income statement
- Gross operating margin +€139,414
up €139,414 (+78.5%), from €177,522 to €316,936
- Depreciation -€20,831
down €20,831 (-16.1%), from €129,279 to €108,447
- Other operating charges -€3,308
down €3,308 (-17.8%), from €18,560 to €15,252
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.
Result 2024
-€10,812
Gross operating margin
+€139,414
Staff costs
+€1,574
Depreciation
+€20,831
Write-downs
+€326
Other operating charges
+€3,308
Financial income
-€39
Financial charges
-€40
Deferred taxes and other
-€38,100
Result 2025
€116,463
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€50,428
Investment
-€702,025
Financing
+€665,000
Cash 2024
€48,769
From operations (derived)
+€50,428
Net result for the year
+€116,463
Depreciation
+€108,447
Stocks and contracts
+€320,898
Receivables within one year
-€534,315
Deferred charges and accrued income
+€915
Provisions
+€38,100
Trade debts
-€4,120
Tax, wage and social debts
-€5,139
Other debts
+€9,178
Investment (derived)
-€702,025
Investment in fixed assets (net)
-€702,025
Financing
+€665,000
Debts after one year
-€55,000
Contributions, distributions and other
+€720,000
Cash 2025
€62,172
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,761,307 | €2,580,789 | +€819,482 | +46.5% |
| Fixed assets | 21/28 | €1,234,735 | €1,828,312 | +€593,578 | +48.1% |
| Tangible fixed assets | 22/27 | €1,234,735 | €1,828,312 | +€593,578 | +48.1% |
| Land and buildings | 22 | €1,167,527 | €1,790,705 | +€623,178 | +53.4% |
| Plant, machinery and equipment | 23 | €26,878 | €17,085 | -€9,792 | -36.4% |
| Furniture and vehicles | 24 | €40,330 | €20,522 | -€19,808 | -49.1% |
| Current assets | 29/58 | €526,572 | €752,477 | +€225,904 | +42.9% |
| Stocks and contracts in progress | 3 | €320,898 | - | -€320,898 | |
| Stocks | 30/36 | €320,898 | - | -€320,898 | |
| Amounts receivable within one year | 40/41 | €76,474 | €610,789 | +€534,315 | +699% |
| Trade receivables | 40 | €55,865 | €594,712 | +€538,847 | +965% |
| Other amounts receivable | 41 | €20,609 | €16,078 | -€4,531 | -22.0% |
| Current investments | 50/53 | €79,516 | €79,516 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,769 | €62,172 | +€13,403 | +27.5% |
| Deferred charges and accrued income | 490/1 | €915 | - | -€915 | |
| Total equity and liabilities | 10/49 | €1,761,307 | €2,580,789 | +€819,482 | +46.5% |
| Equity | 10/15 | €1,556,431 | €2,392,894 | +€836,463 | +53.7% |
| Contributions | 10/11 | €62,000 | €782,000 | +€720,000 | +1,161% |
| Capital | 10 | €62,000 | €782,000 | +€720,000 | +1,161% |
| Issued capital | 100 | €62,000 | €782,000 | +€720,000 | +1,161% |
| Reserves | 13 | €636,814 | €751,114 | +€114,300 | +17.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,813 | €152,113 | +€114,300 | +302% |
| Distributable reserves | 133 | €592,801 | €592,801 | = | 0.0% |
| Profit (loss) carried forward | 14 | €857,617 | €859,780 | +€2,163 | +0.3% |
| Provisions and deferred taxes | 16 | - | €38,100 | +€38,100 | |
| Deferred taxes | 168 | - | €38,100 | +€38,100 | |
| Amounts payable | 17/49 | €204,876 | €149,795 | -€55,081 | -26.9% |
| Amounts payable after more than one year | 17 | €175,000 | €120,000 | -€55,000 | -31.4% |
| Financial debts | 170/4 | €175,000 | €120,000 | -€55,000 | -31.4% |
| Amounts payable within one year | 42/48 | €29,876 | €29,795 | -€81 | -0.3% |
| Trade debts | 44 | €22,171 | €18,051 | -€4,120 | -18.6% |
| Suppliers | 440/4 | €22,171 | €18,051 | -€4,120 | -18.6% |
| Taxes, remuneration and social security | 45 | €6,065 | €926 | -€5,139 | -84.7% |
| Taxes | 450/3 | €2,999 | €926 | -€2,073 | -69.1% |
| Remuneration and social security | 454/9 | €3,065 | - | -€3,065 | |
| Other amounts payable | 47/48 | €1,640 | €10,818 | +€9,178 | +560% |
| Remuneration, social security and pensions | 62 | €39,742 | €38,168 | -€1,574 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,279 | €108,447 | -€20,831 | -16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €326 | - | -€326 | |
| Other operating charges | 640/8 | €18,560 | €15,252 | -€3,308 | -17.8% |
| Gross operating margin | 9900 | €177,522 | €316,936 | +€139,414 | +78.5% |
| Operating profit (loss) | 9901 | -€10,385 | €155,070 | +€165,454 | |
| Financial income | 75/76B | €39 | - | -€39 | |
| Recurring financial income | 75 | €39 | - | -€39 | |
| Financial charges | 65/66B | €467 | €506 | +€40 | +8.5% |
| Recurring financial charges | 65 | €467 | €506 | +€40 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,812 | €154,563 | +€165,375 | |
| Transfer to deferred taxes | 680 | - | €38,100 | +€38,100 | |
| Profit (loss) for the period | 9904 | -€10,812 | €116,463 | +€127,275 | |
| Transfer to tax-exempt reserves | 689 | - | €114,300 | +€114,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,812 | €2,163 | +€12,975 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.