Perfect Elec: what changed
Perfect Elec
Largest movements
- Tangible fixed assets -€87,114
down €87,114 (-24.8%), from €351,639 to €264,524
- Stocks and contracts -€76,978
down €76,978 (-15.7%), from €489,910 to €412,933
- Receivables within one year +€41,310
up €41,310 (+11.5%), from €359,993 to €401,302
of which Other amounts receivable: +€54,773
- Intangible fixed assets -€38,554
down €38,554 (-11.1%), from €347,973 to €309,419
- Debts after one year -€235,139
down €235,139 (-20.0%), from €1.2m to €942,518
of which Other amounts payable: -€127,949
- Current portion of long-term debt -€46,867
down €46,867 (-29.2%), from €160,385 to €113,518
- Tax, wage and social debts +€41,742
up €41,742 (+515%), from €8,105 to €49,847
of which Remuneration and social security: +€42,050
- Profit (loss) carried forward +€40,960
up €40,960 (+187%), from €21,961 to €62,922
- Trade debts +€27,685
up €27,685 (+19.0%), from €146,088 to €173,773
- Gross operating margin +€161,831
up €161,831 (+29.9%), from €541,968 to €703,799
- Staff costs +€83,182
up €83,182 (+21.5%), from €386,879 to €470,061
- Depreciation +€29,341
up €29,341 (+30.6%), from €95,916 to €125,256
- Other operating charges -€25,388
down €25,388 (-95.4%), from €26,600 to €1,212
- Financial charges +€14,195
up €14,195 (+53.9%), from €26,354 to €40,550
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,573,635 | €1,401,663 | -€171,972 | -10.9% |
| Fixed assets | 21/28 | €707,297 | €581,629 | -€125,668 | -17.8% |
| Intangible fixed assets | 21 | €347,973 | €309,419 | -€38,554 | -11.1% |
| Tangible fixed assets | 22/27 | €351,639 | €264,524 | -€87,114 | -24.8% |
| Land and buildings | 22 | €99,420 | €84,992 | -€14,428 | -14.5% |
| Plant, machinery and equipment | 23 | €28,406 | €17,886 | -€10,520 | -37.0% |
| Furniture and vehicles | 24 | €118,447 | €81,080 | -€37,367 | -31.5% |
| Leasing and similar rights | 25 | €105,366 | €80,566 | -€24,800 | -23.5% |
| Financial fixed assets | 28 | €7,685 | €7,685 | = | 0.0% |
| Current assets | 29/58 | €866,338 | €820,034 | -€46,304 | -5.3% |
| Stocks and contracts in progress | 3 | €489,910 | €412,933 | -€76,978 | -15.7% |
| Stocks | 30/36 | €489,910 | €412,933 | -€76,978 | -15.7% |
| Amounts receivable within one year | 40/41 | €359,993 | €401,302 | +€41,310 | +11.5% |
| Trade receivables | 40 | €282,515 | €269,052 | -€13,463 | -4.8% |
| Other amounts receivable | 41 | €77,478 | €132,250 | +€54,773 | +70.7% |
| Cash at bank and in hand | 54/58 | €10,394 | €5,799 | -€4,595 | -44.2% |
| Deferred charges and accrued income | 490/1 | €6,041 | - | -€6,041 | |
| Total equity and liabilities | 10/49 | €1,573,635 | €1,401,663 | -€171,972 | -10.9% |
| Equity | 10/15 | €56,047 | €97,007 | +€40,960 | +73.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,961 | €62,922 | +€40,960 | +187% |
| Amounts payable | 17/49 | €1,517,589 | €1,304,656 | -€212,933 | -14.0% |
| Amounts payable after more than one year | 17 | €1,177,657 | €942,518 | -€235,139 | -20.0% |
| Financial debts | 170/4 | €877,657 | €770,467 | -€107,190 | -12.2% |
| Other amounts payable | 178/9 | €300,000 | €172,051 | -€127,949 | -42.6% |
| Amounts payable within one year | 42/48 | €339,932 | €362,138 | +€22,206 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €160,385 | €113,518 | -€46,867 | -29.2% |
| Trade debts | 44 | €146,088 | €173,773 | +€27,685 | +19.0% |
| Suppliers | 440/4 | €146,088 | €173,773 | +€27,685 | +19.0% |
| Advances received on contracts in progress | 46 | €7,238 | - | -€7,238 | |
| Taxes, remuneration and social security | 45 | €8,105 | €49,847 | +€41,742 | +515% |
| Taxes | 450/3 | €8,105 | €7,798 | -€307 | -3.8% |
| Remuneration and social security | 454/9 | - | €42,050 | +€42,050 | |
| Other amounts payable | 47/48 | €18,115 | €25,000 | +€6,885 | +38.0% |
| Remuneration, social security and pensions | 62 | €386,879 | €470,061 | +€83,182 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,916 | €125,256 | +€29,341 | +30.6% |
| Other operating charges | 640/8 | €26,600 | €1,212 | -€25,388 | -95.4% |
| Gross operating margin | 9900 | €541,968 | €703,799 | +€161,831 | +29.9% |
| Operating profit (loss) | 9901 | €32,572 | €107,269 | +€74,697 | +229% |
| Financial charges | 65/66B | €26,354 | €40,550 | +€14,195 | +53.9% |
| Recurring financial charges | 65 | €26,354 | €40,550 | +€14,195 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | €6,218 | €66,720 | +€60,502 | +973% |
| Income taxes | 67/77 | €3,715 | €759 | -€2,956 | -79.6% |
| Profit (loss) for the period | 9904 | €2,503 | €65,960 | +€63,458 | +2,536% |
| Profit (loss) for the period to be appropriated | 9905 | €2,503 | €65,960 | +€63,458 | +2,536% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.