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
- Receivables within one year +€30,377
up €30,377 (+59.2%), from €51,284 to €81,661
of which Trade receivables: +€32,377
- Cash -€8,287
down €8,287 (-23.8%), from €34,877 to €26,591
mainly Receivables within one year (-€30,377) and Trade debts (-€1,200)
- Tangible fixed assets -€3,415
down €3,415 (-57.3%), from €5,962 to €2,547
- Reserves +€15,854
up €15,854 (+79.3%), from €20,000 to €35,854
- Tax, wage and social debts +€3,567
up €3,567 (+296.3%), from €1,204 to €4,771
- Trade debts -€1,200
no longer reported in 2025 (was €1,200)
- Gross operating margin -€8,531
down €8,531 (-26.8%), from €31,781 to €23,250
- Depreciation -€4,045
down €4,045 (-54.2%), from €7,460 to €3,415
- Taxes +€1,886
up €1,886 (+94.3%), from €2,000 to €3,886
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 | €92,426 | €111,104 | +€18,678 | +20.2% |
| Fixed assets | 21/28 | €5,962 | €2,547 | -€3,415 | -57.3% |
| Tangible fixed assets | 22/27 | €5,962 | €2,547 | -€3,415 | -57.3% |
| Plant, machinery and equipment | 23 | €5,962 | €2,547 | -€3,415 | -57.3% |
| Current assets | 29/58 | €86,464 | €108,557 | +€22,093 | +25.6% |
| Amounts receivable within one year | 40/41 | €51,284 | €81,661 | +€30,377 | +59.2% |
| Trade receivables | 40 | €49,234 | €81,611 | +€32,377 | +65.8% |
| Other amounts receivable | 41 | €2,050 | €50 | -€2,000 | -97.6% |
| Cash at bank and in hand | 54/58 | €34,877 | €26,591 | -€8,287 | -23.8% |
| Deferred charges and accrued income | 490/1 | €302 | €306 | +€3 | +1.1% |
| Total equity and liabilities | 10/49 | €92,426 | €111,104 | +€18,678 | +20.2% |
| Equity | 10/15 | €64,837 | €80,691 | +€15,854 | +24.5% |
| Contributions | 10/11 | €79,000 | €79,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €35,854 | +€15,854 | +79.3% |
| Distributable reserves | 133 | €20,000 | €35,854 | +€15,854 | +79.3% |
| Profit (loss) carried forward | 14 | -€34,163 | -€34,163 | = | 0.0% |
| Amounts payable | 17/49 | €27,589 | €30,413 | +€2,824 | +10.2% |
| Amounts payable within one year | 42/48 | €27,589 | €30,413 | +€2,824 | +10.2% |
| Trade debts | 44 | €1,200 | - | -€1,200 | |
| Suppliers | 440/4 | €1,200 | - | -€1,200 | |
| Taxes, remuneration and social security | 45 | €1,204 | €4,771 | +€3,567 | +296.3% |
| Taxes | 450/3 | €1,204 | €4,771 | +€3,567 | +296.3% |
| Other amounts payable | 47/48 | €25,185 | €25,642 | +€457 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,460 | €3,415 | -€4,045 | -54.2% |
| Other operating charges | 640/8 | €126 | - | -€126 | |
| Gross operating margin | 9900 | €31,781 | €23,250 | -€8,531 | -26.8% |
| Operating profit (loss) | 9901 | €24,195 | €19,835 | -€4,361 | -18.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €94 | +€40 | +74.4% |
| Recurring financial charges | 65 | €54 | €94 | +€40 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €24,141 | €19,741 | -€4,401 | -18.2% |
| Income taxes | 67/77 | €2,000 | €3,886 | +€1,886 | +94.3% |
| Profit (loss) for the period | 9904 | €22,141 | €15,854 | -€6,287 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,141 | €15,854 | -€6,287 | -28.4% |
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 1 October 2026 via checked.be.