PERTICO: 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.
What changed
PERTICO
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,045
2024 · -€4,680+€9,725
Equity
€1.2m
2024 · €1.2m+€5,045
Cash
€51,515
2024 · €5,553+€45,962
Balance sheet total
€4.0m
2024 · €4.1m-€113,188
Largest movements
Assets
- Tangible fixed assets -€122,753
down €122,753 (-3.5%), from €3.5m to €3.3m
of which Land and buildings: -€120,278
- Receivables within one year -€75,497
down €75,497 (-84.2%), from €89,665 to €14,168
of which Trade receivables: -€77,087
- Cash +€45,962
up €45,962 (+827.7%), from €5,553 to €51,515
mainly Depreciation (+€128,081) and Receivables within one year (+€75,497)
Equity and liabilities
- Debts after one year -€121,913
down €121,913 (-4.9%), from €2.5m to €2.3m
- Current portion of long-term debt -€48,399
down €48,399 (-14.9%), from €324,479 to €276,081
Income statement
- Gross operating margin -€23,068
down €23,068 (-8.1%), from €284,510 to €261,442
- Financial charges -€14,438
down €14,438 (-10.7%), from €134,403 to €119,965
- Taxes -€11,366
down €11,366 (-71.8%), from €15,823 to €4,457
- Financial income +€10,836
new in 2025: €10,836
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.
Result 2024
-€4,680
Gross operating margin
-€23,068
Depreciation
-€957
Other operating charges
-€1,531
Other operating items
+€1,600
Financial income
+€10,836
Financial charges
+€14,438
Taxes
+€11,366
Deferred taxes and other
-€2,958
Result 2025
€5,045
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.
From operations
+€221,301
Investment
-€5,328
Financing
-€170,011
Cash 2024
€5,553
From operations (derived)
+€221,301
Net result for the year
+€5,045
Depreciation
+€128,081
Stocks and contracts
-€36,520
Receivables within one year
+€75,497
Deferred charges and accrued income
-€2,580
Provisions
-€1,208
Trade debts
+€39,177
Tax, wage and social debts
-€850
Other debts
+€6,281
Accrued charges and deferred income
+€8,379
Investment (derived)
-€5,328
Investment in fixed assets (net)
-€5,328
Financing
-€170,011
Debts after one year
-€121,913
Current portion of long-term debt
-€48,399
Short-term financial debts
+€300
Cash 2025
€51,515
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,136,271 | €4,023,083 | -€113,188 | -2.7% |
| Fixed assets | 21/28 | €3,953,513 | €3,830,760 | -€122,753 | -3.1% |
| Tangible fixed assets | 22/27 | €3,458,513 | €3,335,760 | -€122,753 | -3.5% |
| Land and buildings | 22 | €3,451,699 | €3,331,421 | -€120,278 | -3.5% |
| Plant, machinery and equipment | 23 | €1,762 | €1,114 | -€648 | -36.8% |
| Furniture and vehicles | 24 | €5,052 | €3,225 | -€1,827 | -36.2% |
| Financial fixed assets | 28 | €495,000 | €495,000 | = | 0.0% |
| Current assets | 29/58 | €182,758 | €192,323 | +€9,564 | +5.2% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Trade receivables | 290 | €75,000 | €0 | -€75,000 | -100.0% |
| Other amounts receivable | 291 | - | €75,000 | +€75,000 | |
| Stocks and contracts in progress | 3 | - | €36,520 | +€36,520 | |
| Stocks | 30/36 | - | €36,520 | +€36,520 | |
| Amounts receivable within one year | 40/41 | €89,665 | €14,168 | -€75,497 | -84.2% |
| Trade receivables | 40 | €77,087 | €0 | -€77,087 | -100.0% |
| Other amounts receivable | 41 | €12,578 | €14,168 | +€1,590 | +12.6% |
| Cash at bank and in hand | 54/58 | €5,553 | €51,515 | +€45,962 | +827.7% |
| Deferred charges and accrued income | 490/1 | €12,541 | €15,120 | +€2,580 | +20.6% |
| Total equity and liabilities | 10/49 | €4,136,271 | €4,023,083 | -€113,188 | -2.7% |
| Equity | 10/15 | €1,238,122 | €1,243,167 | +€5,045 | +0.4% |
| Contributions | 10/11 | €715,023 | €715,023 | = | 0.0% |
| Reserves | 13 | €523,099 | €528,144 | +€5,045 | +1.0% |
| Tax-exempt reserves | 132 | €116,300 | €113,341 | -€2,958 | -2.5% |
| Distributable reserves | 133 | €406,799 | €414,803 | +€8,004 | +2.0% |
| Provisions and deferred taxes | 16 | €32,069 | €30,861 | -€1,208 | -3.8% |
| Deferred taxes | 168 | €32,069 | €30,861 | -€1,208 | -3.8% |
| Amounts payable | 17/49 | €2,866,080 | €2,749,055 | -€117,025 | -4.1% |
| Amounts payable after more than one year | 17 | €2,466,721 | €2,344,809 | -€121,913 | -4.9% |
| Financial debts | 170/4 | €2,466,721 | €2,344,809 | -€121,913 | -4.9% |
| Amounts payable within one year | 42/48 | €346,603 | €343,112 | -€3,492 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €324,479 | €276,081 | -€48,399 | -14.9% |
| Financial debts | 43 | - | €300 | +€300 | |
| Other loans | 439 | - | €300 | +€300 | |
| Trade debts | 44 | €10,781 | €49,958 | +€39,177 | +363.4% |
| Suppliers | 440/4 | €10,781 | €49,958 | +€39,177 | +363.4% |
| Taxes, remuneration and social security | 45 | €3,955 | €3,105 | -€850 | -21.5% |
| Taxes | 450/3 | €3,955 | €3,105 | -€850 | -21.5% |
| Other amounts payable | 47/48 | €7,388 | €13,668 | +€6,281 | +85.0% |
| Accrued charges and deferred income | 492/3 | €52,755 | €61,135 | +€8,379 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,123 | €128,081 | +€957 | +0.8% |
| Other operating charges | 640/8 | €14,407 | €15,938 | +€1,531 | +10.6% |
| Non-recurring operating charges | 66A | €1,600 | €0 | -€1,600 | -100.0% |
| Gross operating margin | 9900 | €284,510 | €261,442 | -€23,068 | -8.1% |
| Operating profit (loss) | 9901 | €141,379 | €117,423 | -€23,956 | -16.9% |
| Financial income | 75/76B | - | €10,836 | +€10,836 | |
| Recurring financial income | 75 | - | €10,836 | +€10,836 | |
| Financial charges | 65/66B | €134,403 | €119,965 | -€14,438 | -10.7% |
| Recurring financial charges | 65 | €134,403 | €119,965 | -€14,438 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €6,976 | €8,294 | +€1,317 | +18.9% |
| Transfer from deferred taxes | 780 | €4,167 | €1,208 | -€2,958 | -71.0% |
| Income taxes | 67/77 | €15,823 | €4,457 | -€11,366 | -71.8% |
| Profit (loss) for the period | 9904 | -€4,680 | €5,045 | +€9,725 | |
| Transfer from tax-exempt reserves | 789 | - | €2,958 | +€2,958 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,680 | €8,004 | +€12,684 |
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 4 October 2026 via checked.be.