PERSOLIS: 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.
PERSOLIS
Largest movements
- Receivables within one year +€983,306
up €983,306 (+46.3%), from €2.1m to €3.1m
of which Other amounts receivable: +€1.1m
- Cash -€361,674
down €361,674 (-41.4%), from €873,355 to €511,680
mainly Contributions, distributions and other (-€1.5m) and Receivables within one year (-€983,306)
- Other debts +€1.5m
up €1.5m (+243153.0%), from €617 to €1.5m
- Profit (loss) carried forward -€1.1m
down €1.1m (-72.0%), from €1.5m to €408,210
- Accrued charges and deferred income +€123,189
up €123,189 (+11587.1%), from €1,063 to €124,252
- Trade debts -€88,168
down €88,168 (-9.3%), from €943,842 to €855,674
- Tax, wage and social debts +€87,176
up €87,176 (+24.6%), from €355,004 to €442,180
of which Remuneration and social security: +€75,891
- Gross operating margin -€243,846
down €243,846 (-7.2%), from €3.4m to €3.2m
- Financial charges +€134,209
up €134,209 (+527.8%), from €25,429 to €159,638
of which Non-recurring financial charges: +€136,558
- Taxes -€99,150
down €99,150 (-32.8%), from €302,682 to €203,532
- Staff costs -€89,678
down €89,678 (-3.8%), from €2.4m to €2.3m
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 | €3,201,597 | €3,773,630 | +€572,032 | +17.9% |
| Fixed assets | 21/28 | €117,556 | €83,467 | -€34,088 | -29.0% |
| Tangible fixed assets | 22/27 | €98,909 | €64,820 | -€34,088 | -34.5% |
| Furniture and vehicles | 24 | €76,206 | €44,717 | -€31,489 | -41.3% |
| Other tangible fixed assets | 26 | €22,702 | €20,103 | -€2,600 | -11.5% |
| Financial fixed assets | 28 | €18,647 | €18,647 | = | 0.0% |
| Current assets | 29/58 | €3,084,042 | €3,690,163 | +€606,121 | +19.7% |
| Stocks and contracts in progress | 3 | €28,624 | - | -€28,624 | |
| Stocks | 30/36 | €28,624 | - | -€28,624 | |
| Amounts receivable within one year | 40/41 | €2,124,613 | €3,107,919 | +€983,306 | +46.3% |
| Trade receivables | 40 | €2,124,613 | €2,022,919 | -€101,694 | -4.8% |
| Other amounts receivable | 41 | - | €1,085,000 | +€1.1m | |
| Cash at bank and in hand | 54/58 | €873,355 | €511,680 | -€361,674 | -41.4% |
| Deferred charges and accrued income | 490/1 | €57,450 | €70,564 | +€13,113 | +22.8% |
| Total equity and liabilities | 10/49 | €3,201,597 | €3,773,630 | +€572,032 | +17.9% |
| Equity | 10/15 | €1,901,071 | €850,920 | -€1.1m | -55.2% |
| Contributions | 10/11 | €211,100 | €211,100 | = | 0.0% |
| Capital | 10 | €211,100 | €211,100 | = | 0.0% |
| Issued capital | 100 | €211,100 | €211,100 | = | 0.0% |
| Reserves | 13 | €231,610 | €231,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,110 | €21,110 | = | 0.0% |
| Legal reserve | 130 | €21,110 | €21,110 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,500 | - | -€210,500 | |
| Distributable reserves | 133 | - | €210,500 | +€210,500 | |
| Profit (loss) carried forward | 14 | €1,458,361 | €408,210 | -€1.1m | -72.0% |
| Amounts payable | 17/49 | €1,300,526 | €2,922,710 | +€1.6m | +124.7% |
| Amounts payable within one year | 42/48 | €1,299,463 | €2,798,458 | +€1.5m | +115.4% |
| Trade debts | 44 | €943,842 | €855,674 | -€88,168 | -9.3% |
| Suppliers | 440/4 | €943,842 | €855,674 | -€88,168 | -9.3% |
| Taxes, remuneration and social security | 45 | €355,004 | €442,180 | +€87,176 | +24.6% |
| Taxes | 450/3 | €190,561 | €201,846 | +€11,286 | +5.9% |
| Remuneration and social security | 454/9 | €164,443 | €240,334 | +€75,891 | +46.1% |
| Other amounts payable | 47/48 | €617 | €1,500,603 | +€1.5m | +243153.0% |
| Accrued charges and deferred income | 492/3 | €1,063 | €124,252 | +€123,189 | +11587.1% |
| Remuneration, social security and pensions | 62 | €2,379,598 | €2,289,920 | -€89,678 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,694 | €42,096 | -€3,598 | -7.9% |
| Other operating charges | 640/8 | €5,631 | €2,280 | -€3,351 | -59.5% |
| Gross operating margin | 9900 | €3,395,785 | €3,151,939 | -€243,846 | -7.2% |
| Operating profit (loss) | 9901 | €964,862 | €817,642 | -€147,220 | -15.3% |
| Financial income | 75/76B | €63 | €16,501 | +€16,438 | +26196.0% |
| Recurring financial income | 75 | €63 | €16,501 | +€16,438 | +26196.0% |
| Financial charges | 65/66B | €25,429 | €159,638 | +€134,209 | +527.8% |
| Recurring financial charges | 65 | €25,429 | €23,080 | -€2,349 | -9.2% |
| Non-recurring financial charges | 66B | - | €136,558 | +€136,558 | |
| Profit (loss) for the period before taxes | 9903 | €939,496 | €674,505 | -€264,991 | -28.2% |
| Income taxes | 67/77 | €302,682 | €203,532 | -€99,150 | -32.8% |
| Profit (loss) for the period | 9904 | €636,814 | €470,973 | -€165,841 | -26.0% |
| Transfer from tax-exempt reserves | 789 | - | €210,500 | +€210,500 | |
| Transfer to tax-exempt reserves | 689 | €21,050 | - | -€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €615,764 | €681,473 | +€65,709 | +10.7% |
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 3 October 2026 via checked.be.