Van Perzi: 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.
Van Perzi
Largest movements
- Stocks and contracts +€8,745
new in 2025: €8,745
- Cash +€6,818
up €6,818 (+87.6%), from €7,784 to €14,603
mainly Other debts (+€8,664) and Net result for the year (+€6,020)
- Tangible fixed assets +€2,777
up €2,777 (+192.8%), from €1,440 to €4,217
of which Plant, machinery and equipment: +€2,037
- Receivables within one year -€1,977
down €1,977 (-53.5%), from €3,697 to €1,720
of which Trade receivables: -€2,072
- Other debts +€8,664
up €8,664 (+6.4%), from €134,608 to €143,272
- Profit (loss) carried forward +€6,020
up €6,020 (+4.7%), from -€127,763 to -€121,743
- Tax, wage and social debts +€2,286
new in 2025: €2,286
- Trade debts -€607
down €607 (-16.4%), from €3,700 to €3,093
- Gross operating margin +€33,481
up €33,481, from -€17,986 to €15,495
- Other operating charges +€6,913
up €6,913 (+631.8%), from €1,094 to €8,008
- Depreciation +€617
up €617 (+385.8%), from €160 to €777
- Financial charges +€403
up €403 (+139.7%), from €288 to €691
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 | €15,546 | €31,909 | +€16,363 | +105.3% |
| Fixed assets | 21/28 | €4,065 | €6,842 | +€2,777 | +68.3% |
| Tangible fixed assets | 22/27 | €1,440 | €4,217 | +€2,777 | +192.8% |
| Plant, machinery and equipment | 23 | - | €2,037 | +€2,037 | |
| Furniture and vehicles | 24 | €1,440 | €2,180 | +€740 | +51.4% |
| Financial fixed assets | 28 | €2,625 | €2,625 | = | 0.0% |
| Current assets | 29/58 | €11,481 | €25,067 | +€13,586 | +118.3% |
| Stocks and contracts in progress | 3 | - | €8,745 | +€8,745 | |
| Stocks | 30/36 | - | €8,745 | +€8,745 | |
| Amounts receivable within one year | 40/41 | €3,697 | €1,720 | -€1,977 | -53.5% |
| Trade receivables | 40 | €2,072 | - | -€2,072 | |
| Other amounts receivable | 41 | €1,624 | €1,720 | +€95 | +5.9% |
| Cash at bank and in hand | 54/58 | €7,784 | €14,603 | +€6,818 | +87.6% |
| Total equity and liabilities | 10/49 | €15,546 | €31,909 | +€16,363 | +105.3% |
| Equity | 10/15 | -€122,763 | -€116,743 | +€6,020 | +4.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,763 | -€121,743 | +€6,020 | +4.7% |
| Amounts payable | 17/49 | €138,309 | €148,652 | +€10,343 | +7.5% |
| Amounts payable within one year | 42/48 | €138,309 | €148,652 | +€10,343 | +7.5% |
| Trade debts | 44 | €3,700 | €3,093 | -€607 | -16.4% |
| Suppliers | 440/4 | €3,700 | €3,093 | -€607 | -16.4% |
| Taxes, remuneration and social security | 45 | - | €2,286 | +€2,286 | |
| Taxes | 450/3 | - | €2,286 | +€2,286 | |
| Other amounts payable | 47/48 | €134,608 | €143,272 | +€8,664 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160 | €777 | +€617 | +385.8% |
| Other operating charges | 640/8 | €1,094 | €8,008 | +€6,913 | +631.8% |
| Gross operating margin | 9900 | -€17,986 | €15,495 | +€33,481 | |
| Operating profit (loss) | 9901 | -€19,240 | €6,711 | +€25,951 | |
| Financial charges | 65/66B | €288 | €691 | +€403 | +139.7% |
| Recurring financial charges | 65 | €288 | €691 | +€403 | +139.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,528 | €6,020 | +€25,548 | |
| Profit (loss) for the period | 9904 | -€19,528 | €6,020 | +€25,548 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,528 | €6,020 | +€25,548 |
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 3 October 2026 via checked.be.