PERSOONS SEPPE: 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.
PERSOONS SEPPE
Largest movements
- Receivables within one year +€31,942
up €31,942 (+1,529%), from €2,089 to €34,031
of which Trade receivables: +€33,355
- Cash +€19,958
up €19,958 (+2,102%), from €950 to €20,908
mainly Net result for the year (+€26,278) and Other debts (+€20,433)
- Tangible fixed assets +€916
up €916 (+10.5%), from €8,751 to €9,667
of which Furniture and vehicles: +€2,846
- Reserves +€24,886
new in 2025: €24,886
- Other debts +€20,433
up €20,433 (+204%), from €10,000 to €30,433
- Tax, wage and social debts +€6,221
new in 2025: €6,221
- Profit (loss) carried forward +€1,393
no longer reported in 2025 (was -€1,393)
- Gross operating margin +€36,332
up €36,332, from -€470 to €35,862
- Taxes +€6,221
new in 2025: €6,221
- Depreciation +€1,985
up €1,985 (+221%), from €899 to €2,884
- Other operating charges +€387
new in 2025: €387
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 | €11,789 | €64,606 | +€52,816 | +448% |
| Fixed assets | 21/28 | €8,751 | €9,667 | +€916 | +10.5% |
| Tangible fixed assets | 22/27 | €8,751 | €9,667 | +€916 | +10.5% |
| Plant, machinery and equipment | 23 | €8,751 | €6,821 | -€1,930 | -22.1% |
| Furniture and vehicles | 24 | - | €2,846 | +€2,846 | |
| Current assets | 29/58 | €3,038 | €54,939 | +€51,901 | +1,708% |
| Amounts receivable within one year | 40/41 | €2,089 | €34,031 | +€31,942 | +1,529% |
| Trade receivables | 40 | - | €33,355 | +€33,355 | |
| Other amounts receivable | 41 | €2,089 | €676 | -€1,413 | -67.6% |
| Cash at bank and in hand | 54/58 | €950 | €20,908 | +€19,958 | +2,102% |
| Total equity and liabilities | 10/49 | €11,789 | €64,606 | +€52,816 | +448% |
| Equity | 10/15 | €1,607 | €27,886 | +€26,278 | +1,635% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €24,886 | +€24,886 | |
| Distributable reserves | 133 | - | €24,886 | +€24,886 | |
| Profit (loss) carried forward | 14 | -€1,393 | - | +€1,393 | |
| Amounts payable | 17/49 | €10,182 | €36,720 | +€26,538 | +261% |
| Amounts payable within one year | 42/48 | €10,182 | €36,720 | +€26,538 | +261% |
| Trade debts | 44 | €182 | €65 | -€117 | -64.1% |
| Suppliers | 440/4 | €182 | €65 | -€117 | -64.1% |
| Taxes, remuneration and social security | 45 | - | €6,221 | +€6,221 | |
| Taxes | 450/3 | - | €6,221 | +€6,221 | |
| Other amounts payable | 47/48 | €10,000 | €30,433 | +€20,433 | +204% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899 | €2,884 | +€1,985 | +221% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | -€470 | €35,862 | +€36,332 | |
| Operating profit (loss) | 9901 | -€1,369 | €32,590 | +€33,959 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €24 | €101 | +€77 | +319% |
| Recurring financial charges | 65 | €24 | €101 | +€77 | +319% |
| Profit (loss) for the period before taxes | 9903 | -€1,393 | €32,500 | +€33,892 | |
| Income taxes | 67/77 | - | €6,221 | +€6,221 | |
| Profit (loss) for the period | 9904 | -€1,393 | €26,278 | +€27,671 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,393 | €26,278 | +€27,671 |
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 27 October 2026 via checked.be.