PERFECT TRAINING: what changed
Two fiscal 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 TRAINING
Largest movements
- Cash +€6,654
up €6,654 (+24.3%), from €27,389 to €34,043
mainly Tax, wage and social debts (+€6,549) and Net result for the year (+€5,408)
- Intangible fixed assets -€2,450
down €2,450 (-14.1%), from €17,354 to €14,904
- Tangible fixed assets -€1,578
down €1,578 (-44.6%), from €3,539 to €1,961
of which Other tangible fixed assets: -€1,338
- Other debts -€9,000
down €9,000 (-23.9%), from €37,613 to €28,613
- Tax, wage and social debts +€6,549
up €6,549 (+143.8%), from €4,554 to €11,104
of which Remuneration and social security: +€7,091
- Profit (loss) carried forward +€5,408
up €5,408 (+6.3%), from -€85,655 to -€80,247
- Gross operating margin +€35,798
up €35,798 (+98.7%), from €36,265 to €72,064
- Staff costs +€25,602
up €25,602 (+83.0%), from €30,830 to €56,432
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 | €64,804 | €67,786 | +€2,982 | +4.6% |
| Fixed assets | 21/28 | €31,599 | €27,572 | -€4,027 | -12.7% |
| Intangible fixed assets | 21 | €17,354 | €14,904 | -€2,450 | -14.1% |
| Tangible fixed assets | 22/27 | €3,539 | €1,961 | -€1,578 | -44.6% |
| Plant, machinery and equipment | 23 | €1,011 | €771 | -€240 | -23.8% |
| Other tangible fixed assets | 26 | €2,528 | €1,190 | -€1,338 | -52.9% |
| Financial fixed assets | 28 | €10,707 | €10,707 | = | 0.0% |
| Current assets | 29/58 | €33,205 | €40,214 | +€7,009 | +21.1% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €232 | €140 | -€91 | -39.4% |
| Trade receivables | 40 | €214 | €109 | -€104 | -48.8% |
| Other amounts receivable | 41 | €18 | €31 | +€13 | +74.7% |
| Cash at bank and in hand | 54/58 | €27,389 | €34,043 | +€6,654 | +24.3% |
| Deferred charges and accrued income | 490/1 | €5,084 | €5,531 | +€447 | +8.8% |
| Total equity and liabilities | 10/49 | €64,804 | €67,786 | +€2,982 | +4.6% |
| Equity | 10/15 | €14,631 | €20,039 | +€5,408 | +37.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €285 | €285 | = | 0.0% |
| Tax-exempt reserves | 132 | €285 | €285 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,655 | -€80,247 | +€5,408 | +6.3% |
| Amounts payable | 17/49 | €50,173 | €47,747 | -€2,426 | -4.8% |
| Amounts payable within one year | 42/48 | €50,173 | €47,747 | -€2,426 | -4.8% |
| Trade debts | 44 | €8,006 | €8,031 | +€25 | +0.3% |
| Suppliers | 440/4 | €8,006 | €8,031 | +€25 | +0.3% |
| Taxes, remuneration and social security | 45 | €4,554 | €11,104 | +€6,549 | +143.8% |
| Taxes | 450/3 | €2,252 | €1,711 | -€542 | -24.0% |
| Remuneration and social security | 454/9 | €2,302 | €9,393 | +€7,091 | +308.0% |
| Other amounts payable | 47/48 | €37,613 | €28,613 | -€9,000 | -23.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €30,830 | €56,432 | +€25,602 | +83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,977 | €4,027 | +€51 | +1.3% |
| Other operating charges | 640/8 | €1,527 | €1,572 | +€45 | +2.9% |
| Gross operating margin | 9900 | €36,265 | €72,064 | +€35,798 | +98.7% |
| Operating profit (loss) | 9901 | -€69 | €10,032 | +€10,101 | |
| Financial income | 75/76B | €121 | €44 | -€77 | -63.5% |
| Recurring financial income | 75 | €121 | €44 | -€77 | -63.5% |
| Financial charges | 65/66B | €4,905 | €4,668 | -€237 | -4.8% |
| Recurring financial charges | 65 | €4,905 | €4,668 | -€237 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,854 | €5,408 | +€10,262 | |
| Income taxes | 67/77 | €185 | €0 | -€185 | -100.0% |
| Profit (loss) for the period | 9904 | -€5,039 | €5,408 | +€10,447 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,039 | €5,408 | +€10,447 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.