PERSYN GINO: 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 GINO
Largest movements
- Receivables within one year -€349,259
down €349,259 (-90.2%), from €387,319 to €38,060
of which Trade receivables: -€366,236
- Cash +€314,865
up €314,865 (+71.2%), from €442,150 to €757,015
mainly Receivables within one year (+€349,259) and Net result for the year (+€150,361)
- Trade debts -€154,098
down €154,098 (-99.7%), from €154,542 to €445
- Reserves +€150,361
up €150,361 (+30.3%), from €496,635 to €646,996
of which Distributable reserves: +€150,361
- Tax, wage and social debts -€39,926
down €39,926 (-82.9%), from €48,163 to €8,237
of which Taxes: -€40,253
- Financial charges +€7,947
up €7,947 (+2287.5%), from €347 to €8,295
- Staff costs +€5,733
up €5,733 (+29.0%), from €19,775 to €25,508
- Taxes -€5,389
down €5,389 (-7.7%), from €69,840 to €64,450
- Gross operating margin +€3,171
up €3,171 (+1.2%), from €256,200 to €259,372
- Depreciation +€2,698
up €2,698 (+53.1%), from €5,079 to €7,777
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 | €866,113 | €823,614 | -€42,500 | -4.9% |
| Fixed assets | 21/28 | €34,183 | €26,406 | -€7,777 | -22.8% |
| Tangible fixed assets | 22/27 | €33,913 | €26,136 | -€7,777 | -22.9% |
| Plant, machinery and equipment | 23 | €33,913 | €26,136 | -€7,777 | -22.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €831,931 | €797,208 | -€34,723 | -4.2% |
| Amounts receivable within one year | 40/41 | €387,319 | €38,060 | -€349,259 | -90.2% |
| Trade receivables | 40 | €371,649 | €5,413 | -€366,236 | -98.5% |
| Other amounts receivable | 41 | €15,671 | €32,647 | +€16,977 | +108.3% |
| Current investments | 50/53 | €1,667 | €1,670 | +€4 | +0.2% |
| Cash at bank and in hand | 54/58 | €442,150 | €757,015 | +€314,865 | +71.2% |
| Deferred charges and accrued income | 490/1 | €795 | €462 | -€332 | -41.8% |
| Total equity and liabilities | 10/49 | €866,113 | €823,614 | -€42,500 | -4.9% |
| Equity | 10/15 | €515,227 | €665,588 | +€150,361 | +29.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €496,635 | €646,996 | +€150,361 | +30.3% |
| Tax-exempt reserves | 132 | €45,985 | €45,985 | = | 0.0% |
| Distributable reserves | 133 | €450,650 | €601,011 | +€150,361 | +33.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €350,887 | €158,026 | -€192,861 | -55.0% |
| Amounts payable within one year | 42/48 | €350,887 | €158,026 | -€192,861 | -55.0% |
| Trade debts | 44 | €154,542 | €445 | -€154,098 | -99.7% |
| Suppliers | 440/4 | €154,542 | €445 | -€154,098 | -99.7% |
| Taxes, remuneration and social security | 45 | €48,163 | €8,237 | -€39,926 | -82.9% |
| Taxes | 450/3 | €46,643 | €6,390 | -€40,253 | -86.3% |
| Remuneration and social security | 454/9 | €1,521 | €1,847 | +€327 | +21.5% |
| Other amounts payable | 47/48 | €148,182 | €149,344 | +€1,162 | +0.8% |
| Non-recurring operating income | 76A | €15,000 | €0 | -€15,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €19,775 | €25,508 | +€5,733 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,079 | €7,777 | +€2,698 | +53.1% |
| Other operating charges | 640/8 | €5,412 | €4,486 | -€926 | -17.1% |
| Gross operating margin | 9900 | €256,200 | €259,372 | +€3,171 | +1.2% |
| Operating profit (loss) | 9901 | €225,934 | €221,601 | -€4,334 | -1.9% |
| Financial income | 75/76B | €3,382 | €1,505 | -€1,876 | -55.5% |
| Recurring financial income | 75 | €3,382 | €1,505 | -€1,876 | -55.5% |
| Financial charges | 65/66B | €347 | €8,295 | +€7,947 | +2287.5% |
| Recurring financial charges | 65 | €347 | €8,295 | +€7,947 | +2287.5% |
| Profit (loss) for the period before taxes | 9903 | €228,969 | €214,812 | -€14,157 | -6.2% |
| Income taxes | 67/77 | €69,840 | €64,450 | -€5,389 | -7.7% |
| Profit (loss) for the period | 9904 | €159,129 | €150,361 | -€8,768 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €159,129 | €150,361 | -€8,768 | -5.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.