PER-FECTO: 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.
PER-FECTO
Largest movements
- Receivables within one year +€31,531
up €31,531 (+1,735%), from €1,818 to €33,349
of which Trade receivables: +€31,426
- Stocks and contracts -€13,250
down €13,250 (-46.9%), from €28,255 to €15,005
- Advances received +€24,846
up €24,846 (+6,417%), from €387 to €25,233
- Other debts -€12,221
down €12,221 (-43.6%), from €28,018 to €15,797
- Trade debts +€4,276
up €4,276 (+186%), from €2,295 to €6,571
- Profit (loss) carried forward +€1,953
up €1,953 (+10.7%), from -€18,302 to -€16,349
- Gross operating margin +€3,490
up €3,490 (+341%), from €1,023 to €4,513
- Financial income -€1,572
down €1,572 (-99.9%), from €1,573 to €1
- Financial charges +€226
up €226 (+22.7%), from €993 to €1,219
- Taxes +€58
up €58 (+12.3%), from €472 to €530
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 | €33,943 | €52,539 | +€18,596 | +54.8% |
| Fixed assets | 21/28 | €3,237 | €3,151 | -€86 | -2.7% |
| Tangible fixed assets | 22/27 | €3,237 | €3,151 | -€86 | -2.7% |
| Plant, machinery and equipment | 23 | €3,237 | €3,151 | -€86 | -2.7% |
| Current assets | 29/58 | €30,706 | €49,388 | +€18,682 | +60.8% |
| Stocks and contracts in progress | 3 | €28,255 | €15,005 | -€13,250 | -46.9% |
| Stocks | 30/36 | €28,255 | €15,005 | -€13,250 | -46.9% |
| Amounts receivable within one year | 40/41 | €1,818 | €33,349 | +€31,531 | +1,735% |
| Trade receivables | 40 | €1,818 | €33,244 | +€31,426 | +1,729% |
| Other amounts receivable | 41 | - | €105 | +€105 | |
| Cash at bank and in hand | 54/58 | €634 | €1,035 | +€401 | +63.3% |
| Total equity and liabilities | 10/49 | €33,943 | €52,539 | +€18,596 | +54.8% |
| Equity | 10/15 | €2,158 | €4,111 | +€1,953 | +90.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,302 | -€16,349 | +€1,953 | +10.7% |
| Amounts payable | 17/49 | €31,785 | €48,429 | +€16,644 | +52.4% |
| Amounts payable within one year | 42/48 | €31,785 | €48,429 | +€16,644 | +52.4% |
| Trade debts | 44 | €2,295 | €6,571 | +€4,276 | +186% |
| Suppliers | 440/4 | €2,295 | €6,571 | +€4,276 | +186% |
| Advances received on contracts in progress | 46 | €387 | €25,233 | +€24,846 | +6,417% |
| Taxes, remuneration and social security | 45 | €1,085 | €827 | -€258 | -23.8% |
| Taxes | 450/3 | €1,085 | €827 | -€258 | -23.8% |
| Other amounts payable | 47/48 | €28,018 | €15,797 | -€12,221 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €86 | = | 0.0% |
| Other operating charges | 640/8 | €732 | €727 | -€5 | -0.7% |
| Gross operating margin | 9900 | €1,023 | €4,513 | +€3,490 | +341% |
| Operating profit (loss) | 9901 | €205 | €3,701 | +€3,495 | +1,701% |
| Financial income | 75/76B | €1,573 | €1 | -€1,572 | -99.9% |
| Recurring financial income | 75 | €1,573 | €1 | -€1,572 | -99.9% |
| Financial charges | 65/66B | €993 | €1,219 | +€226 | +22.7% |
| Recurring financial charges | 65 | €993 | €1,219 | +€226 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €786 | €2,483 | +€1,697 | +216% |
| Income taxes | 67/77 | €472 | €530 | +€58 | +12.3% |
| Profit (loss) for the period | 9904 | €314 | €1,953 | +€1,639 | +523% |
| Profit (loss) for the period to be appropriated | 9905 | €314 | €1,953 | +€1,639 | +523% |
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 17 October 2026 via checked.be.