Perfect-Balance: 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-Balance
Largest movements
- Current investments +€85,200
up €85,200 (+57.2%), from €149,000 to €234,200
- Tangible fixed assets -€4,333
no longer reported in 2025 (was €4,333)
- Cash +€3,857
up €3,857 (+43.6%), from €8,836 to €12,693
mainly Net result for the year (+€90,237) and Tax, wage and social debts (+€6,228)
- Reserves +€90,237
up €90,237 (+81.7%), from €110,480 to €200,718
- Other debts -€14,002
down €14,002 (-87.7%), from €15,962 to €1,960
- Tax, wage and social debts +€6,228
up €6,228 (+18.3%), from €33,966 to €40,194
- Gross operating margin +€31,810
up €31,810 (+34.2%), from €92,970 to €124,781
- Taxes +€8,275
up €8,275 (+35.4%), from €23,386 to €31,661
- Financial income +€1,896
up €1,896 (+374%), from €506 to €2,402
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 | €165,510 | €249,295 | +€83,785 | +50.6% |
| Fixed assets | 21/28 | €4,333 | - | -€4,333 | |
| Tangible fixed assets | 22/27 | €4,333 | - | -€4,333 | |
| Plant, machinery and equipment | 23 | €4,333 | - | -€4,333 | |
| Current assets | 29/58 | €161,177 | €249,295 | +€88,118 | +54.7% |
| Stocks and contracts in progress | 3 | €2,369 | €1,888 | -€482 | -20.3% |
| Stocks | 30/36 | €2,369 | €1,888 | -€482 | -20.3% |
| Amounts receivable within one year | 40/41 | - | €24 | +€24 | |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Current investments | 50/53 | €149,000 | €234,200 | +€85,200 | +57.2% |
| Cash at bank and in hand | 54/58 | €8,836 | €12,693 | +€3,857 | +43.6% |
| Deferred charges and accrued income | 490/1 | €972 | €490 | -€482 | -49.6% |
| Total equity and liabilities | 10/49 | €165,510 | €249,295 | +€83,785 | +50.6% |
| Equity | 10/15 | €112,980 | €203,218 | +€90,237 | +79.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €110,480 | €200,718 | +€90,237 | +81.7% |
| Distributable reserves | 133 | €110,480 | €200,718 | +€90,237 | +81.7% |
| Amounts payable | 17/49 | €52,530 | €46,077 | -€6,453 | -12.3% |
| Amounts payable within one year | 42/48 | €52,530 | €46,077 | -€6,453 | -12.3% |
| Trade debts | 44 | €2,602 | €3,923 | +€1,321 | +50.8% |
| Suppliers | 440/4 | €2,602 | €3,923 | +€1,321 | +50.8% |
| Taxes, remuneration and social security | 45 | €33,966 | €40,194 | +€6,228 | +18.3% |
| Taxes | 450/3 | €33,966 | €40,194 | +€6,228 | +18.3% |
| Other amounts payable | 47/48 | €15,962 | €1,960 | -€14,002 | -87.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,333 | €4,333 | = | 0.0% |
| Other operating charges | 640/8 | €772 | €641 | -€131 | -17.0% |
| Gross operating margin | 9900 | €92,970 | €124,781 | +€31,810 | +34.2% |
| Operating profit (loss) | 9901 | €87,865 | €119,807 | +€31,942 | +36.4% |
| Financial income | 75/76B | €506 | €2,402 | +€1,896 | +374% |
| Recurring financial income | 75 | €506 | €2,402 | +€1,896 | +374% |
| Financial charges | 65/66B | €61 | €311 | +€249 | +407% |
| Recurring financial charges | 65 | €61 | €311 | +€249 | +407% |
| Profit (loss) for the period before taxes | 9903 | €88,310 | €121,898 | +€33,588 | +38.0% |
| Income taxes | 67/77 | €23,386 | €31,661 | +€8,275 | +35.4% |
| Profit (loss) for the period | 9904 | €64,924 | €90,237 | +€25,313 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,924 | €90,237 | +€25,313 | +39.0% |
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 24 October 2026 via checked.be.