PERFECT TRADING: 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 TRADING
Largest movements
- Cash +€26,882
up €26,882 (+289%), from €9,304 to €36,185
mainly Receivables within one year (+€23,268) and Other debts (+€5,417)
- Receivables within one year -€23,268
down €23,268 (-80.8%), from €28,793 to €5,525
of which Trade receivables: -€24,223
- Stocks and contracts -€3,800
down €3,800 (-43.2%), from €8,800 to €5,000
- Profit (loss) carried forward -€5,492
down €5,492 (-6.6%), from -€82,813 to -€88,305
- Other debts +€5,417
up €5,417 (+5.1%), from €106,129 to €111,546
- Gross operating margin -€31,093
down €31,093, from €28,721 to -€2,372
- Financial charges -€735
down €735 (-27.7%), from €2,655 to €1,921
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 | €46,897 | €46,710 | -€187 | -0.4% |
| Current assets | 29/58 | €46,897 | €46,710 | -€187 | -0.4% |
| Stocks and contracts in progress | 3 | €8,800 | €5,000 | -€3,800 | -43.2% |
| Stocks | 30/36 | €8,800 | €5,000 | -€3,800 | -43.2% |
| Amounts receivable within one year | 40/41 | €28,793 | €5,525 | -€23,268 | -80.8% |
| Trade receivables | 40 | €28,793 | €4,571 | -€24,223 | -84.1% |
| Other amounts receivable | 41 | - | €954 | +€954 | |
| Cash at bank and in hand | 54/58 | €9,304 | €36,185 | +€26,882 | +289% |
| Total equity and liabilities | 10/49 | €46,897 | €46,710 | -€187 | -0.4% |
| Equity | 10/15 | -€60,353 | -€65,845 | -€5,492 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,860 | €3,860 | = | 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% |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,813 | -€88,305 | -€5,492 | -6.6% |
| Amounts payable | 17/49 | €107,250 | €112,555 | +€5,305 | +4.9% |
| Amounts payable within one year | 42/48 | €107,250 | €112,555 | +€5,305 | +4.9% |
| Trade debts | 44 | €795 | €380 | -€414 | -52.1% |
| Suppliers | 440/4 | €795 | €380 | -€414 | -52.1% |
| Taxes, remuneration and social security | 45 | €326 | €628 | +€302 | +92.7% |
| Taxes | 450/3 | €326 | €628 | +€302 | +92.7% |
| Other amounts payable | 47/48 | €106,129 | €111,546 | +€5,417 | +5.1% |
| Non-recurring operating income | 76A | €7,438 | €0 | -€7,438 | -100% |
| Other operating charges | 640/8 | €954 | €1,199 | +€245 | +25.7% |
| Gross operating margin | 9900 | €28,721 | -€2,372 | -€31,093 | |
| Operating profit (loss) | 9901 | €27,767 | -€3,571 | -€31,339 | |
| Financial income | 75/76B | €12 | €0 | -€12 | -98.1% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -98.1% |
| Financial charges | 65/66B | €2,655 | €1,921 | -€735 | -27.7% |
| Recurring financial charges | 65 | €2,655 | €1,921 | -€735 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €25,124 | -€5,492 | -€30,616 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €25,124 | -€5,492 | -€30,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,124 | -€5,492 | -€30,616 |
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.