PERSEVIA: 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.
PERSEVIA
Largest movements
- Cash -€127,654
down €127,654 (-68.2%), from €187,080 to €59,426
mainly Other debts (-€106,120) and Receivables within one year (-€92,089)
- Receivables within one year +€92,089
up €92,089 (+450.2%), from €20,455 to €112,544
- Current investments +€91,511
up €91,511 (+8.9%), from €1.0m to €1.1m
- Deferred charges and accrued income -€41,427
down €41,427 (-95.2%), from €43,508 to €2,081
- Tangible fixed assets -€16,595
down €16,595 (-4.8%), from €347,378 to €330,783
of which Land and buildings: -€15,830
- Reserves +€145,369
up €145,369 (+10.1%), from €1.4m to €1.6m
of which Distributable reserves: +€147,229
- Other debts -€106,120
down €106,120 (-97.0%), from €109,374 to €3,255
- Tax, wage and social debts -€39,728
down €39,728 (-80.3%), from €49,503 to €9,775
- Financial income -€134,418
down €134,418 (-98.9%), from €135,915 to €1,497
- Taxes -€16,193
down €16,193 (-18.8%), from €85,968 to €69,775
- Gross operating margin +€3,105
up €3,105 (+1.3%), from €242,012 to €245,117
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.
Cash bridge derived
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 | €1,629,163 | €1,627,087 | -€2,076 | -0.1% |
| Fixed assets | 21/28 | €347,640 | €331,046 | -€16,595 | -4.8% |
| Tangible fixed assets | 22/27 | €347,378 | €330,783 | -€16,595 | -4.8% |
| Land and buildings | 22 | €313,632 | €297,802 | -€15,830 | -5.0% |
| Furniture and vehicles | 24 | €26,379 | €25,790 | -€588 | -2.2% |
| Other tangible fixed assets | 26 | €7,367 | €7,191 | -€176 | -2.4% |
| Financial fixed assets | 28 | €262 | €262 | = | 0.0% |
| Current assets | 29/58 | €1,281,522 | €1,296,041 | +€14,519 | +1.1% |
| Amounts receivable within one year | 40/41 | €20,455 | €112,544 | +€92,089 | +450.2% |
| Other amounts receivable | 41 | €20,455 | €112,544 | +€92,089 | +450.2% |
| Current investments | 50/53 | €1,030,480 | €1,121,990 | +€91,511 | +8.9% |
| Cash at bank and in hand | 54/58 | €187,080 | €59,426 | -€127,654 | -68.2% |
| Deferred charges and accrued income | 490/1 | €43,508 | €2,081 | -€41,427 | -95.2% |
| Total equity and liabilities | 10/49 | €1,629,163 | €1,627,087 | -€2,076 | -0.1% |
| Equity | 10/15 | €1,457,045 | €1,602,413 | +€145,369 | +10.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,444,645 | €1,590,013 | +€145,369 | +10.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €1,442,785 | €1,590,013 | +€147,229 | +10.2% |
| Amounts payable | 17/49 | €172,118 | €24,673 | -€147,445 | -85.7% |
| Amounts payable within one year | 42/48 | €172,118 | €24,673 | -€147,445 | -85.7% |
| Financial debts | 43 | €11,248 | €17 | -€11,232 | -99.9% |
| Credit institutions | 430/8 | €11,248 | €17 | -€11,232 | -99.9% |
| Trade debts | 44 | €1,993 | €11,627 | +€9,634 | +483.3% |
| Suppliers | 440/4 | €1,993 | €11,627 | +€9,634 | +483.3% |
| Taxes, remuneration and social security | 45 | €49,503 | €9,775 | -€39,728 | -80.3% |
| Taxes | 450/3 | €49,503 | €9,775 | -€39,728 | -80.3% |
| Other amounts payable | 47/48 | €109,374 | €3,255 | -€106,120 | -97.0% |
| Non-recurring operating income | 76A | - | €39,364 | +€39,364 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,698 | €25,043 | +€2,346 | +10.3% |
| Other operating charges | 640/8 | €3,549 | €5,189 | +€1,640 | +46.2% |
| Gross operating margin | 9900 | €242,012 | €245,117 | +€3,105 | +1.3% |
| Operating profit (loss) | 9901 | €215,766 | €214,885 | -€880 | -0.4% |
| Financial income | 75/76B | €135,915 | €1,497 | -€134,418 | -98.9% |
| Recurring financial income | 75 | €135,915 | €1,497 | -€134,418 | -98.9% |
| Financial charges | 65/66B | €3,122 | €1,238 | -€1,884 | -60.3% |
| Recurring financial charges | 65 | €3,122 | €1,238 | -€1,884 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €348,558 | €215,144 | -€133,415 | -38.3% |
| Income taxes | 67/77 | €85,968 | €69,775 | -€16,193 | -18.8% |
| Profit (loss) for the period | 9904 | €262,590 | €145,369 | -€117,222 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €262,590 | €145,369 | -€117,222 | -44.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.