PERSEPOLIS: 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.
PERSEPOLIS
Largest movements
- Tangible fixed assets +€153,591
up €153,591 (+60.9%), from €252,404 to €405,995
of which Plant, machinery and equipment: +€156,514
- Cash -€38,906
down €38,906 (-82.3%), from €47,298 to €8,392
mainly Investment in fixed assets (net) (-€177,726) and Receivables within one year (-€19,978)
- Receivables within one year +€19,978
up €19,978 (+13.0%), from €153,355 to €173,333
of which Other amounts receivable: +€23,122
- Debts after one year +€86,686
up €86,686 (+30.0%), from €289,110 to €375,796
- Current portion of long-term debt +€27,589
up €27,589 (+107.9%), from €25,577 to €53,166
- Trade debts +€19,437
up €19,437 (+40493.8%), from €48 to €19,485
- Staff costs +€29,486
up €29,486 (+26.8%), from €109,955 to €139,441
- Depreciation +€24,135
new in 2024: €24,135
- Taxes -€18,178
down €18,178 (-84.5%), from €21,508 to €3,330
- Gross operating margin +€11,466
up €11,466 (+6.5%), from €177,020 to €188,486
- Financial charges +€11,145
up €11,145 (+101.4%), from €10,994 to €22,139
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 | €453,424 | €588,087 | +€134,663 | +29.7% |
| Fixed assets | 21/28 | €252,771 | €406,362 | +€153,591 | +60.8% |
| Tangible fixed assets | 22/27 | €252,404 | €405,995 | +€153,591 | +60.9% |
| Land and buildings | 22 | €248,114 | €242,162 | -€5,952 | -2.4% |
| Plant, machinery and equipment | 23 | €3,131 | €159,645 | +€156,514 | +4998.9% |
| Furniture and vehicles | 24 | €1,159 | €4,188 | +€3,029 | +261.3% |
| Financial fixed assets | 28 | €367 | €367 | = | 0.0% |
| Current assets | 29/58 | €200,653 | €181,725 | -€18,928 | -9.4% |
| Amounts receivable within one year | 40/41 | €153,355 | €173,333 | +€19,978 | +13.0% |
| Trade receivables | 40 | €50,519 | €47,375 | -€3,144 | -6.2% |
| Other amounts receivable | 41 | €102,836 | €125,958 | +€23,122 | +22.5% |
| Cash at bank and in hand | 54/58 | €47,298 | €8,392 | -€38,906 | -82.3% |
| Total equity and liabilities | 10/49 | €453,424 | €588,087 | +€134,663 | +29.7% |
| Equity | 10/15 | €81,842 | €83,190 | +€1,348 | +1.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,312 | €20,518 | +€3,206 | +18.5% |
| Investment grants | 15 | €40,070 | €38,212 | -€1,858 | -4.6% |
| Provisions and deferred taxes | 16 | €21,681 | €20,680 | -€1,001 | -4.6% |
| Provisions for liabilities and charges | 160/5 | €21,681 | €20,680 | -€1,001 | -4.6% |
| Pensions and similar obligations | 160 | €21,681 | €20,680 | -€1,001 | -4.6% |
| Amounts payable | 17/49 | €349,901 | €484,217 | +€134,316 | +38.4% |
| Amounts payable after more than one year | 17 | €289,110 | €375,796 | +€86,686 | +30.0% |
| Financial debts | 170/4 | €289,110 | €375,796 | +€86,686 | +30.0% |
| Amounts payable within one year | 42/48 | €60,536 | €108,421 | +€47,885 | +79.1% |
| Current portion of amounts payable after more than one year | 42 | €25,577 | €53,166 | +€27,589 | +107.9% |
| Trade debts | 44 | €48 | €19,485 | +€19,437 | +40493.8% |
| Suppliers | 440/4 | €48 | €19,485 | +€19,437 | +40493.8% |
| Taxes, remuneration and social security | 45 | €34,911 | €35,770 | +€859 | +2.5% |
| Taxes | 450/3 | €30,473 | €26,347 | -€4,126 | -13.5% |
| Remuneration and social security | 454/9 | €4,438 | €9,423 | +€4,985 | +112.3% |
| Accrued charges and deferred income | 492/3 | €255 | - | -€255 | |
| Remuneration, social security and pensions | 62 | €109,955 | €139,441 | +€29,486 | +26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €24,135 | +€24,135 | |
| Other operating charges | 640/8 | €5,839 | €6,325 | +€486 | +8.3% |
| Gross operating margin | 9900 | €177,020 | €188,486 | +€11,466 | +6.5% |
| Operating profit (loss) | 9901 | €61,226 | €18,585 | -€42,641 | -69.6% |
| Financial income | 75/76B | €12,873 | €10,090 | -€2,783 | -21.6% |
| Recurring financial income | 75 | €8,321 | €10,090 | +€1,769 | +21.3% |
| Non-recurring financial income | 76B | €4,552 | - | -€4,552 | |
| Financial charges | 65/66B | €10,994 | €22,139 | +€11,145 | +101.4% |
| Recurring financial charges | 65 | €10,994 | €22,139 | +€11,145 | +101.4% |
| Profit (loss) for the period before taxes | 9903 | €63,105 | €6,536 | -€56,569 | -89.6% |
| Income taxes | 67/77 | €21,508 | €3,330 | -€18,178 | -84.5% |
| Profit (loss) for the period | 9904 | €41,597 | €3,206 | -€38,391 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,597 | €3,206 | -€38,391 | -92.3% |
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 30 September 2026 via checked.be.