PERFECT WINDOWS: 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 WINDOWS
Largest movements
- Receivables within one year -€27,822
down €27,822 (-34.4%), from €80,829 to €53,006
of which Other amounts receivable: -€34,907
- Tangible fixed assets -€7,579
down €7,579 (-40.6%), from €18,670 to €11,091
of which Furniture and vehicles: -€4,234
- Deferred charges and accrued income +€2,970
new in 2025: €2,970
- Cash +€2,918
up €2,918 (+17.2%), from €16,952 to €19,870
mainly Advances received (+€39,800) and Trade debts (+€34,475)
- Tax, wage and social debts -€49,568
down €49,568 (-98.8%), from €50,150 to €583
of which Taxes: -€49,403
- Advances received +€39,800
new in 2025: €39,800
- Reserves -€39,000
no longer reported in 2025 (was €39,000)
- Trade debts +€34,475
up €34,475 (+187.9%), from €18,349 to €52,824
- Profit (loss) carried forward -€11,655
down €11,655, from €385 to -€11,270
- Gross operating margin +€28,776
up €28,776 (+61.7%), from -€46,645 to -€17,869
- Staff costs -€27,506
down €27,506 (-55.7%), from €49,372 to €21,866
- Depreciation -€1,351
down €1,351 (-14.0%), from €9,686 to €8,335
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 | €116,450 | €86,936 | -€29,514 | -25.3% |
| Fixed assets | 21/28 | €18,670 | €11,091 | -€7,579 | -40.6% |
| Tangible fixed assets | 22/27 | €18,670 | €11,091 | -€7,579 | -40.6% |
| Plant, machinery and equipment | 23 | €8,968 | €7,144 | -€1,824 | -20.3% |
| Furniture and vehicles | 24 | €6,672 | €2,438 | -€4,234 | -63.5% |
| Other tangible fixed assets | 26 | €3,030 | €1,509 | -€1,521 | -50.2% |
| Current assets | 29/58 | €97,781 | €75,846 | -€21,935 | -22.4% |
| Amounts receivable within one year | 40/41 | €80,829 | €53,006 | -€27,822 | -34.4% |
| Trade receivables | 40 | €26,613 | €33,698 | +€7,084 | +26.6% |
| Other amounts receivable | 41 | €54,216 | €19,309 | -€34,907 | -64.4% |
| Cash at bank and in hand | 54/58 | €16,952 | €19,870 | +€2,918 | +17.2% |
| Deferred charges and accrued income | 490/1 | - | €2,970 | +€2,970 | |
| Total equity and liabilities | 10/49 | €116,450 | €86,936 | -€29,514 | -25.3% |
| Equity | 10/15 | €44,385 | -€6,270 | -€50,655 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,000 | - | -€39,000 | |
| Distributable reserves | 133 | €39,000 | - | -€39,000 | |
| Profit (loss) carried forward | 14 | €385 | -€11,270 | -€11,655 | |
| Amounts payable | 17/49 | €72,065 | €93,206 | +€21,141 | +29.3% |
| Amounts payable within one year | 42/48 | €72,065 | €93,206 | +€21,141 | +29.3% |
| Trade debts | 44 | €18,349 | €52,824 | +€34,475 | +187.9% |
| Suppliers | 440/4 | €18,349 | €52,824 | +€34,475 | +187.9% |
| Advances received on contracts in progress | 46 | - | €39,800 | +€39,800 | |
| Taxes, remuneration and social security | 45 | €50,150 | €583 | -€49,568 | -98.8% |
| Taxes | 450/3 | €49,986 | €583 | -€49,403 | -98.8% |
| Remuneration and social security | 454/9 | €165 | - | -€165 | |
| Other amounts payable | 47/48 | €3,566 | - | -€3,566 | |
| Remuneration, social security and pensions | 62 | €49,372 | €21,866 | -€27,506 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,686 | €8,335 | -€1,351 | -14.0% |
| Other operating charges | 640/8 | €713 | €791 | +€77 | +10.9% |
| Gross operating margin | 9900 | -€46,645 | -€17,869 | +€28,776 | +61.7% |
| Operating profit (loss) | 9901 | -€106,416 | -€48,860 | +€57,556 | +54.1% |
| Financial income | 75/76B | €1 | €56 | +€55 | +6806.2% |
| Recurring financial income | 75 | €1 | €56 | +€55 | +6806.2% |
| Financial charges | 65/66B | €974 | €1,305 | +€332 | +34.1% |
| Recurring financial charges | 65 | €974 | €1,305 | +€332 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | -€107,389 | -€50,109 | +€57,279 | +53.3% |
| Income taxes | 67/77 | €194 | €546 | +€351 | +180.5% |
| Profit (loss) for the period | 9904 | -€107,583 | -€50,655 | +€56,928 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,583 | -€50,655 | +€56,928 | +52.9% |
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 3 October 2026 via checked.be.