PERFECT: 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.
PERFECT
Largest movements
- Receivables within one year -€13,032
down €13,032 (-21.6%), from €60,249 to €47,218
of which Trade receivables: -€35,406
- Cash +€11,326
up €11,326 (+1,561%), from €726 to €12,052
mainly Receivables within one year (+€13,032) and Accrued charges and deferred income (+€8,917)
- Stocks and contracts +€5,820
up €5,820 (+15.8%), from €36,828 to €42,648
- Tangible fixed assets -€2,796
down €2,796 (-32.3%), from €8,657 to €5,861
of which Furniture and vehicles: -€1,803
- Deferred charges and accrued income +€1,350
up €1,350 (+131%), from €1,031 to €2,382
- Profit (loss) carried forward -€11,863
down €11,863 (-34.0%), from €34,858 to €22,995
- Accrued charges and deferred income +€8,917
new in 2025: €8,917
- Tax, wage and social debts +€5,614
up €5,614 (+85.3%), from €6,585 to €12,199
of which Taxes: +€4,790
- Turnover -€134,933
down €134,933 (-16.4%), from €822,051 to €687,117
- Purchases and services -€123,299
down €123,299 (-15.7%), from €785,415 to €662,116
- Taxes +€15,138
up €15,138 (+2,126%), from €712 to €15,850
- Gross operating margin -€11,634
down €11,634 (-31.8%), from €36,636 to €25,002
- Financial charges -€8,906
down €8,906 (-39.2%), from €22,741 to €13,834
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 | €108,129 | €110,798 | +€2,669 | +2.5% |
| Fixed assets | 21/28 | €9,295 | €6,499 | -€2,796 | -30.1% |
| Tangible fixed assets | 22/27 | €8,657 | €5,861 | -€2,796 | -32.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,695 | €1,892 | -€1,803 | -48.8% |
| Other tangible fixed assets | 26 | €4,962 | €3,970 | -€992 | -20.0% |
| Financial fixed assets | 28 | €638 | €638 | = | 0.0% |
| Current assets | 29/58 | €98,835 | €104,299 | +€5,465 | +5.5% |
| Stocks and contracts in progress | 3 | €36,828 | €42,648 | +€5,820 | +15.8% |
| Stocks | 30/36 | €36,828 | €42,648 | +€5,820 | +15.8% |
| Amounts receivable within one year | 40/41 | €60,249 | €47,218 | -€13,032 | -21.6% |
| Trade receivables | 40 | €44,757 | €9,351 | -€35,406 | -79.1% |
| Other amounts receivable | 41 | €15,492 | €37,867 | +€22,375 | +144% |
| Cash at bank and in hand | 54/58 | €726 | €12,052 | +€11,326 | +1,561% |
| Deferred charges and accrued income | 490/1 | €1,031 | €2,382 | +€1,350 | +131% |
| Total equity and liabilities | 10/49 | €108,129 | €110,798 | +€2,669 | +2.5% |
| Equity | 10/15 | €42,269 | €30,406 | -€11,863 | -28.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,211 | €1,211 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,211 | €1,211 | = | 0.0% |
| Legal reserve | 130 | €1,211 | - | -€1,211 | |
| Reserves not available under the articles | 1311 | - | €1,211 | +€1,211 | |
| Profit (loss) carried forward | 14 | €34,858 | €22,995 | -€11,863 | -34.0% |
| Amounts payable | 17/49 | €65,860 | €80,392 | +€14,532 | +22.1% |
| Amounts payable within one year | 42/48 | €65,860 | €71,475 | +€5,614 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €98 | €98 | = | 0.0% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,585 | €12,199 | +€5,614 | +85.3% |
| Taxes | 450/3 | €6,585 | €11,374 | +€4,790 | +72.7% |
| Remuneration and social security | 454/9 | - | €825 | +€825 | |
| Other amounts payable | 47/48 | €59,178 | €59,178 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €8,917 | +€8,917 | |
| Turnover | 70 | €822,051 | €687,117 | -€134,933 | -16.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €785,415 | €662,116 | -€123,299 | -15.7% |
| Remuneration, social security and pensions | 62 | €1,685 | €729 | -€956 | -56.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,994 | €2,796 | -€198 | -6.6% |
| Other operating charges | 640/8 | €6,821 | €3,656 | -€3,165 | -46.4% |
| Gross operating margin | 9900 | €36,636 | €25,002 | -€11,634 | -31.8% |
| Operating profit (loss) | 9901 | €25,136 | €17,821 | -€7,315 | -29.1% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.9% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.9% |
| Financial charges | 65/66B | €22,741 | €13,834 | -€8,906 | -39.2% |
| Recurring financial charges | 65 | €22,741 | €13,834 | -€8,906 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €2,402 | €3,987 | +€1,584 | +66.0% |
| Income taxes | 67/77 | €712 | €15,850 | +€15,138 | +2,126% |
| Profit (loss) for the period | 9904 | €1,690 | -€11,863 | -€13,553 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,690 | -€11,863 | -€13,553 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.