PERVIVO: 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.
PERVIVO
Largest movements
- Tangible fixed assets -€127,195
down €127,195 (-40.9%), from €310,746 to €183,551
- Stocks and contracts -€120,232
down €120,232 (-10.3%), from €1.2m to €1.0m
- Cash -€32,796
down €32,796 (-74.8%), from €43,858 to €11,062
mainly Other debts (-€200,000) and Short-term financial debts (-€176,527)
- Other debts -€200,000
down €200,000 (-66.3%), from €301,536 to €101,536
- Reserves +€181,010
up €181,010 (+85.8%), from €211,074 to €392,084
of which Tax-exempt reserves: +€167,648
- Short-term financial debts -€176,527
down €176,527 (-20.9%), from €845,717 to €669,190
- Debts after one year -€103,750
down €103,750 (-100%), from €103,750 to €0
- Provisions +€55,883
new in 2025: €55,883
- Gross operating margin +€146,499
up €146,499 (+79.0%), from €185,490 to €331,989
- Financial charges -€44,117
down €44,117 (-57.3%), from €76,930 to €32,813
- Depreciation -€30,008
down €30,008 (-89.0%), from €33,732 to €3,725
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.
Derived cash bridge
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 | €1,546,825 | €1,257,893 | -€288,932 | -18.7% |
| Fixed assets | 21/28 | €310,746 | €183,551 | -€127,195 | -40.9% |
| Tangible fixed assets | 22/27 | €310,746 | €183,551 | -€127,195 | -40.9% |
| Land and buildings | 22 | €310,746 | €183,551 | -€127,195 | -40.9% |
| Current assets | 29/58 | €1,236,080 | €1,074,342 | -€161,738 | -13.1% |
| Stocks and contracts in progress | 3 | €1,164,794 | €1,044,562 | -€120,232 | -10.3% |
| Stocks | 30/36 | €1,164,794 | €1,044,562 | -€120,232 | -10.3% |
| Amounts receivable within one year | 40/41 | €26,764 | €18,718 | -€8,046 | -30.1% |
| Trade receivables | 40 | €1,556 | €0 | -€1,556 | -100% |
| Other amounts receivable | 41 | €25,208 | €18,718 | -€6,489 | -25.7% |
| Cash at bank and in hand | 54/58 | €43,858 | €11,062 | -€32,796 | -74.8% |
| Deferred charges and accrued income | 490/1 | €663 | €0 | -€663 | -100% |
| Total equity and liabilities | 10/49 | €1,546,825 | €1,257,893 | -€288,932 | -18.7% |
| Equity | 10/15 | €229,674 | €410,684 | +€181,010 | +78.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,074 | €392,084 | +€181,010 | +85.8% |
| Tax-exempt reserves | 132 | - | €167,648 | +€167,648 | |
| Distributable reserves | 133 | €211,074 | €224,437 | +€13,363 | +6.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €55,883 | +€55,883 | |
| Deferred taxes | 168 | - | €55,883 | +€55,883 | |
| Amounts payable | 17/49 | €1,317,151 | €791,326 | -€525,825 | -39.9% |
| Amounts payable after more than one year | 17 | €103,750 | €0 | -€103,750 | -100% |
| Financial debts | 170/4 | €103,750 | €0 | -€103,750 | -100% |
| Amounts payable within one year | 42/48 | €1,212,137 | €789,675 | -€422,461 | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €0 | -€7,500 | -100% |
| Financial debts | 43 | €845,717 | €669,190 | -€176,527 | -20.9% |
| Credit institutions | 430/8 | €845,717 | €669,190 | -€176,527 | -20.9% |
| Trade debts | 44 | €2,301 | €480 | -€1,821 | -79.1% |
| Suppliers | 440/4 | €2,301 | €480 | -€1,821 | -79.1% |
| Advances received on contracts in progress | 46 | €52,500 | €12,450 | -€40,050 | -76.3% |
| Taxes, remuneration and social security | 45 | €2,583 | €6,019 | +€3,437 | +133% |
| Remuneration and social security | 454/9 | €2,583 | €6,019 | +€3,437 | +133% |
| Other amounts payable | 47/48 | €301,536 | €101,536 | -€200,000 | -66.3% |
| Accrued charges and deferred income | 492/3 | €1,265 | €1,651 | +€386 | +30.5% |
| Non-recurring operating income | 76A | - | €223,530 | +€223,530 | |
| Remuneration, social security and pensions | 62 | €49,039 | €47,972 | -€1,067 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,732 | €3,725 | -€30,008 | -89.0% |
| Other operating charges | 640/8 | €6,429 | €4,446 | -€1,982 | -30.8% |
| Gross operating margin | 9900 | €185,490 | €331,989 | +€146,499 | +79.0% |
| Operating profit (loss) | 9901 | €96,290 | €275,846 | +€179,555 | +186% |
| Financial income | 75/76B | €1,589 | €428 | -€1,161 | -73.1% |
| Recurring financial income | 75 | €1,589 | €428 | -€1,161 | -73.1% |
| Financial charges | 65/66B | €76,930 | €32,813 | -€44,117 | -57.3% |
| Recurring financial charges | 65 | €76,930 | €32,813 | -€44,117 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | €20,950 | €243,461 | +€222,511 | +1,062% |
| Transfer to deferred taxes | 680 | - | €55,883 | +€55,883 | |
| Income taxes | 67/77 | €5,850 | €5,032 | -€819 | -14.0% |
| Profit (loss) for the period | 9904 | €15,100 | €182,547 | +€167,447 | +1,109% |
| Transfer to tax-exempt reserves | 689 | - | €167,648 | +€167,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,100 | €14,899 | -€201 | -1.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.