PERVICAS: what changed
Two financial 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.
PERVICAS
Largest movements
- Current investments +€70,077
up €70,077 (+233.6%), from €30,000 to €100,077
- Tangible fixed assets +€35,702
up €35,702 (+261.3%), from €13,665 to €49,366
- Deferred charges and accrued income +€14,646
up €14,646, from €0 to €14,646
- Cash -€10,835
down €10,835 (-55.4%), from €19,557 to €8,722
mainly Current investments (-€70,077) and Investment in fixed assets (net) (-€47,056)
- Reserves +€58,474
up €58,474 (+58.6%), from €99,815 to €158,289
- Debts after one year +€29,966
up €29,966 (+18.7%), from €160,000 to €189,966
- Tax, wage and social debts +€11,610
up €11,610 (+124.6%), from €9,316 to €20,926
- Current portion of long-term debt +€10,694
up €10,694 (+733.3%), from €1,458 to €12,153
- Gross operating margin +€46,177
up €46,177 (+67.0%), from €68,899 to €115,076
- Financial income +€14,742
up €14,742 (+109282.1%), from €13 to €14,756
- Taxes +€11,693
up €11,693 (+89.4%), from €13,085 to €24,778
- Other operating charges +€6,609
up €6,609 (+410.2%), from €1,611 to €8,220
- Financial charges +€1,847
up €1,847 (+50.5%), from €3,658 to €5,505
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 | €275,322 | €384,941 | +€109,619 | +39.8% |
| Fixed assets | 21/28 | €23,665 | €59,366 | +€35,702 | +150.9% |
| Tangible fixed assets | 22/27 | €13,665 | €49,366 | +€35,702 | +261.3% |
| Furniture and vehicles | 24 | €13,665 | €49,366 | +€35,702 | +261.3% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €251,657 | €325,574 | +€73,917 | +29.4% |
| Amounts receivable after more than one year | 29 | €190,000 | €190,000 | = | 0.0% |
| Other amounts receivable | 291 | €190,000 | €190,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,100 | €12,129 | +€29 | +0.2% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €29 | +€29 | |
| Current investments | 50/53 | €30,000 | €100,077 | +€70,077 | +233.6% |
| Cash at bank and in hand | 54/58 | €19,557 | €8,722 | -€10,835 | -55.4% |
| Deferred charges and accrued income | 490/1 | €0 | €14,646 | +€14,646 | |
| Total equity and liabilities | 10/49 | €275,322 | €384,941 | +€109,619 | +39.8% |
| Equity | 10/15 | €100,815 | €159,289 | +€58,474 | +58.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €99,815 | €158,289 | +€58,474 | +58.6% |
| Distributable reserves | 133 | €99,815 | €158,289 | +€58,474 | +58.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €174,507 | €225,652 | +€51,145 | +29.3% |
| Amounts payable after more than one year | 17 | €160,000 | €189,966 | +€29,966 | +18.7% |
| Financial debts | 170/4 | €160,000 | €189,966 | +€29,966 | +18.7% |
| Amounts payable within one year | 42/48 | €13,536 | €33,455 | +€19,919 | +147.2% |
| Current portion of amounts payable after more than one year | 42 | €1,458 | €12,153 | +€10,694 | +733.3% |
| Trade debts | 44 | €126 | €212 | +€86 | +68.3% |
| Suppliers | 440/4 | €126 | €212 | +€86 | +68.3% |
| Taxes, remuneration and social security | 45 | €9,316 | €20,926 | +€11,610 | +124.6% |
| Taxes | 450/3 | €9,316 | €20,926 | +€11,610 | +124.6% |
| Other amounts payable | 47/48 | €2,636 | €165 | -€2,471 | -93.7% |
| Accrued charges and deferred income | 492/3 | €971 | €2,231 | +€1,260 | +129.7% |
| Non-recurring operating income | 76A | - | €21,539 | +€21,539 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,403 | €11,354 | -€49 | -0.4% |
| Other operating charges | 640/8 | €1,611 | €8,220 | +€6,609 | +410.2% |
| Gross operating margin | 9900 | €68,899 | €115,076 | +€46,177 | +67.0% |
| Operating profit (loss) | 9901 | €55,885 | €95,502 | +€39,617 | +70.9% |
| Financial income | 75/76B | €13 | €14,756 | +€14,742 | +109282.1% |
| Recurring financial income | 75 | €13 | €14,756 | +€14,742 | +109282.1% |
| Financial charges | 65/66B | €3,658 | €5,505 | +€1,847 | +50.5% |
| Recurring financial charges | 65 | €3,658 | €5,505 | +€1,847 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | €52,240 | €104,752 | +€52,512 | +100.5% |
| Income taxes | 67/77 | €13,085 | €24,778 | +€11,693 | +89.4% |
| Profit (loss) for the period | 9904 | €39,155 | €79,974 | +€40,819 | +104.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,155 | €79,974 | +€40,819 | +104.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.