PERVECT: 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.
PERVECT
Largest movements
- Receivables within one year +€34,610
up €34,610 (+22.2%), from €156,120 to €190,730
of which Other amounts receivable: +€36,168
- Cash +€24,692
up €24,692 (+76.5%), from €32,292 to €56,984
mainly Net result for the year (+€31,037) and Tax, wage and social debts (+€20,665)
- Tangible fixed assets -€11,457
down €11,457 (-6.7%), from €170,273 to €158,816
of which Land and buildings: -€8,358
- Reserves +€31,037
up €31,037 (+36.8%), from €84,227 to €115,264
of which Distributable reserves: +€31,037
- Tax, wage and social debts +€20,665
up €20,665 (+260.0%), from €7,948 to €28,613
- Debts after one year -€10,600
down €10,600 (-8.8%), from €121,147 to €110,547
- Advances received +€4,900
up €4,900, from €0 to €4,900
- Gross operating margin +€63,566
up €63,566, from -€369 to €63,197
- Other operating charges +€12,909
up €12,909 (+636.6%), from €2,028 to €14,937
- Taxes +€11,783
up €11,783, from -€87 to €11,695
- Financial income +€8,997
up €8,997 (+4525.2%), from €199 to €9,196
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 | €359,065 | €406,820 | +€47,755 | +13.3% |
| Fixed assets | 21/28 | €170,273 | €158,816 | -€11,457 | -6.7% |
| Tangible fixed assets | 22/27 | €170,273 | €158,816 | -€11,457 | -6.7% |
| Land and buildings | 22 | €157,207 | €148,849 | -€8,358 | -5.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €13,066 | €9,967 | -€3,099 | -23.7% |
| Current assets | 29/58 | €188,792 | €248,004 | +€59,212 | +31.4% |
| Amounts receivable within one year | 40/41 | €156,120 | €190,730 | +€34,610 | +22.2% |
| Trade receivables | 40 | €15,559 | €14,001 | -€1,558 | -10.0% |
| Other amounts receivable | 41 | €140,561 | €176,730 | +€36,168 | +25.7% |
| Cash at bank and in hand | 54/58 | €32,292 | €56,984 | +€24,692 | +76.5% |
| Deferred charges and accrued income | 490/1 | €380 | €290 | -€90 | -23.6% |
| Total equity and liabilities | 10/49 | €359,065 | €406,820 | +€47,755 | +13.3% |
| Equity | 10/15 | €218,153 | €249,190 | +€31,037 | +14.2% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €84,227 | €115,264 | +€31,037 | +36.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €82,367 | €113,404 | +€31,037 | +37.7% |
| Profit (loss) carried forward | 14 | €121,726 | €121,726 | = | 0.0% |
| Amounts payable | 17/49 | €140,911 | €157,630 | +€16,719 | +11.9% |
| Amounts payable after more than one year | 17 | €121,147 | €110,547 | -€10,600 | -8.8% |
| Financial debts | 170/4 | €121,147 | €110,547 | -€10,600 | -8.8% |
| Amounts payable within one year | 42/48 | €19,764 | €47,083 | +€27,319 | +138.2% |
| Current portion of amounts payable after more than one year | 42 | €10,434 | €10,600 | +€166 | +1.6% |
| Trade debts | 44 | €1,382 | €2,969 | +€1,587 | +114.9% |
| Suppliers | 440/4 | €1,382 | €2,969 | +€1,587 | +114.9% |
| Advances received on contracts in progress | 46 | €0 | €4,900 | +€4,900 | |
| Taxes, remuneration and social security | 45 | €7,948 | €28,613 | +€20,665 | +260.0% |
| Taxes | 450/3 | €7,948 | €28,613 | +€20,665 | +260.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,432 | €11,457 | +€25 | +0.2% |
| Other operating charges | 640/8 | €2,028 | €14,937 | +€12,909 | +636.6% |
| Gross operating margin | 9900 | -€369 | €63,197 | +€63,566 | |
| Operating profit (loss) | 9901 | -€13,828 | €36,804 | +€50,632 | |
| Financial income | 75/76B | €199 | €9,196 | +€8,997 | +4525.2% |
| Recurring financial income | 75 | €199 | €9,196 | +€8,997 | +4525.2% |
| Financial charges | 65/66B | €3,657 | €3,267 | -€390 | -10.7% |
| Recurring financial charges | 65 | €3,657 | €3,267 | -€390 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,287 | €42,732 | +€60,019 | |
| Income taxes | 67/77 | -€87 | €11,695 | +€11,783 | |
| Profit (loss) for the period | 9904 | -€17,200 | €31,037 | +€48,236 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,200 | €31,037 | +€48,236 |
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 8 October 2026 via checked.be.