PERFECT: 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.
PERFECT
Largest movements
- Cash +€27,048
up €27,048 (+246.1%), from €10,992 to €38,039
mainly Trade debts (+€12,696) and Receivables within one year (+€8,410)
- Receivables within one year -€8,410
down €8,410 (-47.2%), from €17,832 to €9,422
of which Trade receivables: -€9,535
- Deferred charges and accrued income +€566
up €566 (+538.3%), from €105 to €671
- Trade debts +€12,696
up €12,696 (+266.4%), from €4,766 to €17,461
- Profit (loss) carried forward +€6,279
up €6,279 (+347.7%), from €1,806 to €8,084
- Gross operating margin +€11,733
up €11,733, from -€4,470 to €7,263
- Other operating charges -€1,028
down €1,028 (-88.9%), from €1,156 to €128
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 | €35,672 | €54,261 | +€18,589 | +52.1% |
| Formation expenses | 20 | €136 | - | -€136 | |
| Fixed assets | 21/28 | €6,608 | €6,129 | -€479 | -7.3% |
| Tangible fixed assets | 22/27 | €1,158 | €679 | -€479 | -41.4% |
| Plant, machinery and equipment | 23 | €953 | €611 | -€342 | -35.9% |
| Furniture and vehicles | 24 | €205 | €68 | -€137 | -67.0% |
| Financial fixed assets | 28 | €5,450 | €5,450 | = | 0.0% |
| Current assets | 29/58 | €28,928 | €48,132 | +€19,204 | +66.4% |
| Amounts receivable within one year | 40/41 | €17,832 | €9,422 | -€8,410 | -47.2% |
| Trade receivables | 40 | €15,748 | €6,214 | -€9,535 | -60.5% |
| Other amounts receivable | 41 | €2,083 | €3,208 | +€1,125 | +54.0% |
| Cash at bank and in hand | 54/58 | €10,992 | €38,039 | +€27,048 | +246.1% |
| Deferred charges and accrued income | 490/1 | €105 | €671 | +€566 | +538.3% |
| Total equity and liabilities | 10/49 | €35,672 | €54,261 | +€18,589 | +52.1% |
| Equity | 10/15 | €20,406 | €26,684 | +€6,279 | +30.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,806 | €8,084 | +€6,279 | +347.7% |
| Amounts payable | 17/49 | €15,267 | €27,577 | +€12,310 | +80.6% |
| Amounts payable within one year | 42/48 | €14,766 | €27,461 | +€12,696 | +86.0% |
| Trade debts | 44 | €4,766 | €17,461 | +€12,696 | +266.4% |
| Suppliers | 440/4 | €4,766 | €17,461 | +€12,696 | +266.4% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €501 | €115 | -€386 | -76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €681 | €615 | -€66 | -9.7% |
| Other operating charges | 640/8 | €1,156 | €128 | -€1,028 | -88.9% |
| Gross operating margin | 9900 | -€4,470 | €7,263 | +€11,733 | |
| Operating profit (loss) | 9901 | -€6,306 | €6,520 | +€12,827 | |
| Financial income | 75/76B | €27 | €1 | -€26 | -95.8% |
| Recurring financial income | 75 | €27 | €1 | -€26 | -95.8% |
| Financial charges | 65/66B | €196 | €243 | +€47 | +24.1% |
| Recurring financial charges | 65 | €196 | €243 | +€47 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,475 | €6,279 | +€12,754 | |
| Profit (loss) for the period | 9904 | -€6,475 | €6,279 | +€12,754 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,475 | €6,279 | +€12,754 |
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 7 October 2026 via checked.be.