PERSYN: 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.
PERSYN
Largest movements
- Cash +€130,841
up €130,841 (+148.8%), from €87,929 to €218,770
mainly Net result for the year (+€98,566) and Depreciation (+€36,821)
- Tangible fixed assets -€23,068
down €23,068 (-3.3%), from €700,293 to €677,226
of which Land and buildings: -€17,630
- Reserves +€70,862
up €70,862 (+23.1%), from €306,110 to €376,972
of which Distributable reserves: +€70,862
- Other debts +€18,571
up €18,571 (+5.4%), from €343,700 to €362,271
- Gross operating margin +€78,399
up €78,399 (+54.9%), from €142,931 to €221,330
- Taxes +€23,800
up €23,800 (+107.1%), from €22,216 to €46,015
- Other operating charges +€3,358
up €3,358 (+27.9%), from €12,052 to €15,410
- Financial income -€3,102
down €3,102 (-100.0%), from €3,102 to €0
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 | €843,930 | €941,005 | +€97,075 | +11.5% |
| Fixed assets | 21/28 | €700,293 | €677,226 | -€23,068 | -3.3% |
| Tangible fixed assets | 22/27 | €700,293 | €677,226 | -€23,068 | -3.3% |
| Land and buildings | 22 | €679,662 | €662,032 | -€17,630 | -2.6% |
| Plant, machinery and equipment | 23 | €6,293 | €4,967 | -€1,326 | -21.1% |
| Furniture and vehicles | 24 | €14,338 | €10,227 | -€4,111 | -28.7% |
| Current assets | 29/58 | €143,637 | €263,779 | +€120,142 | +83.6% |
| Stocks and contracts in progress | 3 | €27,734 | €24,179 | -€3,555 | -12.8% |
| Stocks | 30/36 | €27,734 | €24,179 | -€3,555 | -12.8% |
| Amounts receivable within one year | 40/41 | €25,918 | €18,716 | -€7,202 | -27.8% |
| Trade receivables | 40 | €16,449 | €14,731 | -€1,718 | -10.4% |
| Other amounts receivable | 41 | €9,469 | €3,985 | -€5,484 | -57.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €87,929 | €218,770 | +€130,841 | +148.8% |
| Deferred charges and accrued income | 490/1 | €2,056 | €2,114 | +€58 | +2.8% |
| Total equity and liabilities | 10/49 | €843,930 | €941,005 | +€97,075 | +11.5% |
| Equity | 10/15 | €487,072 | €557,934 | +€70,862 | +14.5% |
| Contributions | 10/11 | €180,962 | €180,962 | = | 0.0% |
| Capital | 10 | €180,962 | €180,962 | = | 0.0% |
| Issued capital | 100 | €180,962 | €180,962 | = | 0.0% |
| Reserves | 13 | €306,110 | €376,972 | +€70,862 | +23.1% |
| Non-distributable reserves | 130/1 | €18,096 | €18,096 | = | 0.0% |
| Legal reserve | 130 | €18,096 | €18,096 | = | 0.0% |
| Distributable reserves | 133 | €288,014 | €358,875 | +€70,862 | +24.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €356,858 | €383,071 | +€26,213 | +7.3% |
| Amounts payable after more than one year | 17 | €3,150 | €3,150 | = | 0.0% |
| Other amounts payable | 178/9 | €3,150 | €3,150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €353,708 | €372,605 | +€18,897 | +5.3% |
| Trade debts | 44 | €2,269 | €9,888 | +€7,619 | +335.8% |
| Suppliers | 440/4 | €2,269 | €9,888 | +€7,619 | +335.8% |
| Taxes, remuneration and social security | 45 | €7,739 | €445 | -€7,294 | -94.2% |
| Taxes | 450/3 | €7,739 | €445 | -€7,294 | -94.2% |
| Other amounts payable | 47/48 | €343,700 | €362,271 | +€18,571 | +5.4% |
| Accrued charges and deferred income | 492/3 | - | €7,316 | +€7,316 | |
| Non-recurring operating income | 76A | €2,150 | €0 | -€2,150 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,927 | €36,821 | -€1,106 | -2.9% |
| Other operating charges | 640/8 | €12,052 | €15,410 | +€3,358 | +27.9% |
| Gross operating margin | 9900 | €142,931 | €221,330 | +€78,399 | +54.9% |
| Operating profit (loss) | 9901 | €92,952 | €169,100 | +€76,148 | +81.9% |
| Financial income | 75/76B | €3,102 | €0 | -€3,102 | -100.0% |
| Recurring financial income | 75 | €3,102 | €0 | -€3,102 | -100.0% |
| Financial charges | 65/66B | €25,913 | €24,518 | -€1,395 | -5.4% |
| Recurring financial charges | 65 | €25,913 | €24,518 | -€1,395 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €70,140 | €144,581 | +€74,441 | +106.1% |
| Income taxes | 67/77 | €22,216 | €46,015 | +€23,800 | +107.1% |
| Profit (loss) for the period | 9904 | €47,925 | €98,566 | +€50,641 | +105.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,925 | €98,566 | +€50,641 | +105.7% |
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 7 October 2026 via checked.be.