PERFECT HOUSE: 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 HOUSE
Largest movements
- Receivables within one year -€17,883
down €17,883 (-74.5%), from €23,998 to €6,115
of which Trade receivables: -€17,474
- Cash +€17,595
up €17,595 (+20.6%), from €85,323 to €102,918
mainly Depreciation (+€34,482) and Receivables within one year (+€17,883)
- Tangible fixed assets -€17,354
down €17,354 (-5.8%), from €298,211 to €280,857
of which Land and buildings: -€9,287
- Debts after one year -€14,060
down €14,060 (-8.6%), from €163,523 to €149,463
- Tax, wage and social debts -€12,211
down €12,211 (-74.9%), from €16,311 to €4,100
of which Taxes: -€10,884
- Reserves +€7,969
up €7,969 (+26.5%), from €30,054 to €38,023
- Gross operating margin +€10,019
up €10,019 (+23.0%), from €43,642 to €53,661
- Depreciation +€2,744
up €2,744 (+8.6%), from €31,739 to €34,482
- Taxes +€2,587
up €2,587 (+113%), from €2,289 to €4,876
- Financial charges -€987
down €987 (-25.8%), from €3,823 to €2,836
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 | €407,722 | €391,180 | -€16,542 | -4.1% |
| Fixed assets | 21/28 | €298,401 | €281,046 | -€17,354 | -5.8% |
| Tangible fixed assets | 22/27 | €298,211 | €280,857 | -€17,354 | -5.8% |
| Land and buildings | 22 | €269,408 | €260,121 | -€9,287 | -3.4% |
| Plant, machinery and equipment | 23 | €953 | €636 | -€317 | -33.2% |
| Furniture and vehicles | 24 | €27,850 | €20,100 | -€7,750 | -27.8% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €109,321 | €110,133 | +€812 | +0.7% |
| Amounts receivable within one year | 40/41 | €23,998 | €6,115 | -€17,883 | -74.5% |
| Trade receivables | 40 | €19,609 | €2,135 | -€17,474 | -89.1% |
| Other amounts receivable | 41 | €4,389 | €3,980 | -€409 | -9.3% |
| Cash at bank and in hand | 54/58 | €85,323 | €102,918 | +€17,595 | +20.6% |
| Deferred charges and accrued income | 490/1 | - | €1,100 | +€1,100 | |
| Total equity and liabilities | 10/49 | €407,722 | €391,180 | -€16,542 | -4.1% |
| Equity | 10/15 | €207,741 | €215,711 | +€7,969 | +3.8% |
| Contributions | 10/11 | €8,110 | €8,110 | = | 0.0% |
| Reserves | 13 | €30,054 | €38,023 | +€7,969 | +26.5% |
| Distributable reserves | 133 | €30,054 | €38,023 | +€7,969 | +26.5% |
| Profit (loss) carried forward | 14 | €169,578 | €169,578 | = | 0.0% |
| Amounts payable | 17/49 | €199,981 | €175,469 | -€24,512 | -12.3% |
| Amounts payable after more than one year | 17 | €163,523 | €149,463 | -€14,060 | -8.6% |
| Financial debts | 170/4 | €163,523 | €149,463 | -€14,060 | -8.6% |
| Amounts payable within one year | 42/48 | €35,457 | €26,006 | -€9,451 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €14,861 | €15,060 | +€199 | +1.3% |
| Trade debts | 44 | €530 | €1,758 | +€1,228 | +232% |
| Suppliers | 440/4 | €530 | €1,758 | +€1,228 | +232% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €16,311 | €4,100 | -€12,211 | -74.9% |
| Taxes | 450/3 | €11,681 | €797 | -€10,884 | -93.2% |
| Remuneration and social security | 454/9 | €4,630 | €3,303 | -€1,327 | -28.7% |
| Other amounts payable | 47/48 | €3,755 | €4,088 | +€333 | +8.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,739 | €34,482 | +€2,744 | +8.6% |
| Other operating charges | 640/8 | €3,086 | €3,498 | +€412 | +13.4% |
| Gross operating margin | 9900 | €43,642 | €53,661 | +€10,019 | +23.0% |
| Operating profit (loss) | 9901 | €8,818 | €15,681 | +€6,863 | +77.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +600% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +600% |
| Financial charges | 65/66B | €3,823 | €2,836 | -€987 | -25.8% |
| Recurring financial charges | 65 | €3,823 | €2,836 | -€987 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €4,995 | €12,845 | +€7,850 | +157% |
| Income taxes | 67/77 | €2,289 | €4,876 | +€2,587 | +113% |
| Profit (loss) for the period | 9904 | €2,706 | €7,969 | +€5,263 | +195% |
| Profit (loss) for the period to be appropriated | 9905 | €2,706 | €7,969 | +€5,263 | +195% |
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 25 October 2026 via checked.be.