PERFECT CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Cash +€56,078
up €56,078 (+91.8%), from €61,105 to €117,183
mainly Net result for the year (+€42,914) and Depreciation (+€21,012)
- Tangible fixed assets +€23,627
up €23,627 (+43.5%), from €54,311 to €77,938
of which Furniture and vehicles: +€34,460
- Receivables within one year -€3,386
down €3,386 (-69.5%), from €4,869 to €1,484
- Profit (loss) carried forward +€42,914
up €42,914 (+50.3%), from €85,331 to €128,245
- Other debts +€9,823
up €9,823 (+870%), from €1,130 to €10,953
- Trade debts +€6,621
up €6,621 (+110%), from €6,039 to €12,660
- Debts after one year +€6,556
up €6,556 (+153%), from €4,284 to €10,840
- Current portion of long-term debt +€5,844
up €5,844 (+116%), from €5,032 to €10,876
- Staff costs -€24,776
down €24,776 (-47.5%), from €52,149 to €27,373
- Taxes +€18,774
up €18,774 (+468%), from €4,013 to €22,787
- Financial income +€12,989
up €12,989 (+84,182%), from €15 to €13,005
of which Non-recurring financial income: +€13,001
- Gross operating margin +€9,699
up €9,699 (+10.3%), from €94,383 to €104,082
- Depreciation -€2,530
down €2,530 (-10.7%), from €23,541 to €21,012
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 | €127,686 | €202,582 | +€74,897 | +58.7% |
| Fixed assets | 21/28 | €54,635 | €78,262 | +€23,627 | +43.2% |
| Tangible fixed assets | 22/27 | €54,311 | €77,938 | +€23,627 | +43.5% |
| Plant, machinery and equipment | 23 | €30,116 | €16,626 | -€13,490 | -44.8% |
| Furniture and vehicles | 24 | €581 | €35,042 | +€34,460 | +5,927% |
| Other tangible fixed assets | 26 | €23,614 | €26,270 | +€2,656 | +11.2% |
| Financial fixed assets | 28 | €324 | €324 | = | 0.0% |
| Current assets | 29/58 | €73,051 | €124,320 | +€51,270 | +70.2% |
| Amounts receivable within one year | 40/41 | €4,869 | €1,484 | -€3,386 | -69.5% |
| Other amounts receivable | 41 | €4,869 | €1,484 | -€3,386 | -69.5% |
| Cash at bank and in hand | 54/58 | €61,105 | €117,183 | +€56,078 | +91.8% |
| Deferred charges and accrued income | 490/1 | €7,077 | €5,654 | -€1,423 | -20.1% |
| Total equity and liabilities | 10/49 | €127,686 | €202,582 | +€74,897 | +58.7% |
| Equity | 10/15 | €99,591 | €142,505 | +€42,914 | +43.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,331 | €128,245 | +€42,914 | +50.3% |
| Amounts payable | 17/49 | €28,094 | €60,077 | +€31,983 | +114% |
| Amounts payable after more than one year | 17 | €4,284 | €10,840 | +€6,556 | +153% |
| Financial debts | 170/4 | €4,284 | €10,840 | +€6,556 | +153% |
| Amounts payable within one year | 42/48 | €23,810 | €48,649 | +€24,838 | +104% |
| Current portion of amounts payable after more than one year | 42 | €5,032 | €10,876 | +€5,844 | +116% |
| Trade debts | 44 | €6,039 | €12,660 | +€6,621 | +110% |
| Suppliers | 440/4 | €6,039 | €12,660 | +€6,621 | +110% |
| Taxes, remuneration and social security | 45 | €11,609 | €14,160 | +€2,551 | +22.0% |
| Taxes | 450/3 | €9,299 | €12,826 | +€3,527 | +37.9% |
| Remuneration and social security | 454/9 | €2,310 | €1,334 | -€976 | -42.3% |
| Other amounts payable | 47/48 | €1,130 | €10,953 | +€9,823 | +870% |
| Accrued charges and deferred income | 492/3 | - | €589 | +€589 | |
| Remuneration, social security and pensions | 62 | €52,149 | €27,373 | -€24,776 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,541 | €21,012 | -€2,530 | -10.7% |
| Other operating charges | 640/8 | €2,427 | €2,129 | -€298 | -12.3% |
| Gross operating margin | 9900 | €94,383 | €104,082 | +€9,699 | +10.3% |
| Operating profit (loss) | 9901 | €16,267 | €53,569 | +€37,302 | +229% |
| Financial income | 75/76B | €15 | €13,005 | +€12,989 | +84,182% |
| Recurring financial income | 75 | €15 | €4 | -€12 | -75.1% |
| Non-recurring financial income | 76B | - | €13,001 | +€13,001 | |
| Financial charges | 65/66B | €802 | €873 | +€71 | +8.8% |
| Recurring financial charges | 65 | €802 | €873 | +€71 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €15,480 | €65,701 | +€50,221 | +324% |
| Income taxes | 67/77 | €4,013 | €22,787 | +€18,774 | +468% |
| Profit (loss) for the period | 9904 | €11,467 | €42,914 | +€31,447 | +274% |
| Profit (loss) for the period to be appropriated | 9905 | €11,467 | €42,914 | +€31,447 | +274% |
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 21 October 2026 via checked.be.