PERFECT DESIGN: 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 DESIGN
Largest movements
- Tangible fixed assets -€13,447
down €13,447 (-13.0%), from €103,821 to €90,374
of which Furniture and vehicles: -€12,836
- Cash +€10,284
up €10,284 (+10.1%), from €101,931 to €112,215
mainly Depreciation (+€27,397) and Net result for the year (+€24,381)
- Reserves +€24,381
up €24,381 (+19.0%), from €128,096 to €152,477
- Debts after one year -€20,714
down €20,714 (-46.1%), from €44,958 to €24,244
- Tax, wage and social debts -€5,534
down €5,534 (-41.0%), from €13,503 to €7,969
of which Taxes: -€5,918
- Gross operating margin -€53,472
down €53,472 (-32.6%), from €163,846 to €110,373
- Taxes -€15,486
down €15,486 (-62.1%), from €24,936 to €9,450
- Depreciation +€9,767
up €9,767 (+55.4%), from €17,630 to €27,397
- Staff costs +€2,654
up €2,654 (+6.1%), from €43,749 to €46,403
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 | €220,479 | €218,623 | -€1,856 | -0.8% |
| Fixed assets | 21/28 | €103,821 | €90,374 | -€13,447 | -13.0% |
| Tangible fixed assets | 22/27 | €103,821 | €90,374 | -€13,447 | -13.0% |
| Land and buildings | 22 | €7,164 | €6,037 | -€1,127 | -15.7% |
| Plant, machinery and equipment | 23 | €6,832 | €7,347 | +€516 | +7.5% |
| Furniture and vehicles | 24 | €89,825 | €76,989 | -€12,836 | -14.3% |
| Current assets | 29/58 | €116,658 | €128,249 | +€11,591 | +9.9% |
| Stocks and contracts in progress | 3 | €644 | €197 | -€448 | -69.5% |
| Stocks | 30/36 | €644 | €197 | -€448 | -69.5% |
| Amounts receivable within one year | 40/41 | €8,525 | €8,110 | -€415 | -4.9% |
| Trade receivables | 40 | €6,569 | €5,396 | -€1,173 | -17.9% |
| Other amounts receivable | 41 | €1,956 | €2,714 | +€758 | +38.7% |
| Cash at bank and in hand | 54/58 | €101,931 | €112,215 | +€10,284 | +10.1% |
| Deferred charges and accrued income | 490/1 | €5,558 | €7,728 | +€2,169 | +39.0% |
| Total equity and liabilities | 10/49 | €220,479 | €218,623 | -€1,856 | -0.8% |
| Equity | 10/15 | €134,296 | €158,677 | +€24,381 | +18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,096 | €152,477 | +€24,381 | +19.0% |
| Distributable reserves | 133 | €128,096 | €152,477 | +€24,381 | +19.0% |
| Amounts payable | 17/49 | €86,183 | €59,946 | -€26,237 | -30.4% |
| Amounts payable after more than one year | 17 | €44,958 | €24,244 | -€20,714 | -46.1% |
| Financial debts | 170/4 | €44,958 | €24,244 | -€20,714 | -46.1% |
| Amounts payable within one year | 42/48 | €41,209 | €35,702 | -€5,507 | -13.4% |
| Financial debts | 43 | €24,855 | €23,081 | -€1,773 | -7.1% |
| Credit institutions | 430/8 | €24,855 | €23,081 | -€1,773 | -7.1% |
| Trade debts | 44 | €1,238 | €1,228 | -€9 | -0.7% |
| Suppliers | 440/4 | €1,238 | €1,228 | -€9 | -0.7% |
| Taxes, remuneration and social security | 45 | €13,503 | €7,969 | -€5,534 | -41.0% |
| Taxes | 450/3 | €6,677 | €759 | -€5,918 | -88.6% |
| Remuneration and social security | 454/9 | €6,826 | €7,210 | +€384 | +5.6% |
| Other amounts payable | 47/48 | €1,614 | €3,423 | +€1,809 | +112% |
| Accrued charges and deferred income | 492/3 | €16 | - | -€16 | |
| Non-recurring operating income | 76A | €34,238 | - | -€34,238 | |
| Remuneration, social security and pensions | 62 | €43,749 | €46,403 | +€2,654 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,630 | €27,397 | +€9,767 | +55.4% |
| Other operating charges | 640/8 | €1,113 | €987 | -€127 | -11.4% |
| Gross operating margin | 9900 | €163,846 | €110,373 | -€53,472 | -32.6% |
| Operating profit (loss) | 9901 | €101,354 | €35,587 | -€65,767 | -64.9% |
| Financial income | 75/76B | €869 | €889 | +€20 | +2.3% |
| Recurring financial income | 75 | €869 | €889 | +€20 | +2.3% |
| Financial charges | 65/66B | €2,283 | €2,645 | +€362 | +15.9% |
| Recurring financial charges | 65 | €2,283 | €2,645 | +€362 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €99,940 | €33,831 | -€66,109 | -66.1% |
| Income taxes | 67/77 | €24,936 | €9,450 | -€15,486 | -62.1% |
| Profit (loss) for the period | 9904 | €75,004 | €24,381 | -€50,623 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,004 | €24,381 | -€50,623 | -67.5% |
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 13 October 2026 via checked.be.