PERFECT FIFTH: 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 FIFTH
Largest movements
- Cash +€44,351
up €44,351 (+614.5%), from €7,217 to €51,568
mainly Receivables within one year (+€29,491) and Depreciation (+€10,139)
- Receivables within one year -€29,491
down €29,491 (-9.7%), from €304,629 to €275,138
of which Other amounts receivable: -€29,491
- Reserves +€10,000
up €10,000 (+2.7%), from €376,095 to €386,095
- Trade debts +€7,710
up €7,710 (+164.2%), from €4,695 to €12,405
- Depreciation +€4,903
up €4,903 (+93.6%), from €5,237 to €10,139
- Gross operating margin -€4,427
down €4,427 (-14.2%), from €31,137 to €26,710
- Taxes -€2,428
down €2,428 (-33.9%), from €7,169 to €4,740
- Financial income -€1,229
down €1,229 (-89.4%), from €1,375 to €146
- Financial charges -€811
down €811 (-41.0%), from €1,979 to €1,168
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 | €402,236 | €418,698 | +€16,463 | +4.1% |
| Fixed assets | 21/28 | €89,012 | €91,559 | +€2,548 | +2.9% |
| Tangible fixed assets | 22/27 | €44,392 | €46,940 | +€2,548 | +5.7% |
| Land and buildings | 22 | €3,520 | €5,699 | +€2,179 | +61.9% |
| Plant, machinery and equipment | 23 | €29,755 | €30,781 | +€1,027 | +3.5% |
| Furniture and vehicles | 24 | €1,718 | €1,060 | -€658 | -38.3% |
| Other tangible fixed assets | 26 | €9,400 | €9,400 | = | 0.0% |
| Financial fixed assets | 28 | €44,619 | €44,619 | = | 0.0% |
| Current assets | 29/58 | €313,224 | €327,139 | +€13,915 | +4.4% |
| Amounts receivable within one year | 40/41 | €304,629 | €275,138 | -€29,491 | -9.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €304,629 | €275,138 | -€29,491 | -9.7% |
| Cash at bank and in hand | 54/58 | €7,217 | €51,568 | +€44,351 | +614.5% |
| Deferred charges and accrued income | 490/1 | €1,378 | €433 | -€945 | -68.6% |
| Total equity and liabilities | 10/49 | €402,236 | €418,698 | +€16,463 | +4.1% |
| Equity | 10/15 | €388,495 | €398,495 | +€10,000 | +2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €376,095 | €386,095 | +€10,000 | +2.7% |
| Distributable reserves | 133 | €376,095 | €386,095 | +€10,000 | +2.7% |
| Amounts payable | 17/49 | €13,740 | €20,203 | +€6,463 | +47.0% |
| Amounts payable within one year | 42/48 | €13,740 | €20,203 | +€6,463 | +47.0% |
| Trade debts | 44 | €4,695 | €12,405 | +€7,710 | +164.2% |
| Suppliers | 440/4 | €4,695 | €12,405 | +€7,710 | +164.2% |
| Taxes, remuneration and social security | 45 | €9,046 | €7,799 | -€1,247 | -13.8% |
| Taxes | 450/3 | €9,046 | €7,799 | -€1,247 | -13.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,237 | €10,139 | +€4,903 | +93.6% |
| Other operating charges | 640/8 | €840 | €808 | -€32 | -3.8% |
| Gross operating margin | 9900 | €31,137 | €26,710 | -€4,427 | -14.2% |
| Operating profit (loss) | 9901 | €25,060 | €15,763 | -€9,298 | -37.1% |
| Financial income | 75/76B | €1,375 | €146 | -€1,229 | -89.4% |
| Recurring financial income | 75 | €1,375 | €146 | -€1,229 | -89.4% |
| Financial charges | 65/66B | €1,979 | €1,168 | -€811 | -41.0% |
| Recurring financial charges | 65 | €1,979 | €1,168 | -€811 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €24,456 | €14,740 | -€9,716 | -39.7% |
| Income taxes | 67/77 | €7,169 | €4,740 | -€2,428 | -33.9% |
| Profit (loss) for the period | 9904 | €17,287 | €10,000 | -€7,287 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,287 | €10,000 | -€7,287 | -42.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.