PERFECTO: 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.
PERFECTO
Largest movements
- Tangible fixed assets -€18,384
down €18,384 (-8.9%), from €206,500 to €188,116
of which Furniture and vehicles: -€12,384
- Cash -€8,043
down €8,043 (-96.5%), from €8,334 to €291
mainly Other debts (-€19,221) and Debts after one year (-€8,544)
- Receivables within one year +€3,319
up €3,319 (+21.0%), from €15,802 to €19,121
- Other debts -€19,221
down €19,221 (-57.1%), from €33,678 to €14,457
- Debts after one year -€8,544
down €8,544 (-6.8%), from €126,169 to €117,626
- Profit (loss) carried forward +€4,485
up €4,485 (+16.4%), from -€27,377 to -€22,893
- Gross operating margin -€6,099
down €6,099 (-17.6%), from €34,696 to €28,597
- Write-downs +€5,542
up €5,542, from -€5,542 to €0
- Other operating charges -€4,822
down €4,822 (-78.3%), from €6,156 to €1,334
- Taxes +€1,825
up €1,825 (+168.2%), from €1,085 to €2,911
- Depreciation -€1,540
down €1,540 (-7.2%), from €21,253 to €19,713
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 | €231,282 | €208,520 | -€22,762 | -9.8% |
| Fixed assets | 21/28 | €206,500 | €188,116 | -€18,384 | -8.9% |
| Tangible fixed assets | 22/27 | €206,500 | €188,116 | -€18,384 | -8.9% |
| Land and buildings | 22 | €159,778 | €154,393 | -€5,385 | -3.4% |
| Plant, machinery and equipment | 23 | €4,001 | €3,385 | -€616 | -15.4% |
| Furniture and vehicles | 24 | €41,950 | €29,566 | -€12,384 | -29.5% |
| Other tangible fixed assets | 26 | €771 | €771 | = | 0.0% |
| Current assets | 29/58 | €24,782 | €20,404 | -€4,378 | -17.7% |
| Amounts receivable within one year | 40/41 | €15,802 | €19,121 | +€3,319 | +21.0% |
| Trade receivables | 40 | €15,802 | €19,121 | +€3,319 | +21.0% |
| Cash at bank and in hand | 54/58 | €8,334 | €291 | -€8,043 | -96.5% |
| Deferred charges and accrued income | 490/1 | €646 | €992 | +€346 | +53.6% |
| Total equity and liabilities | 10/49 | €231,282 | €208,520 | -€22,762 | -9.8% |
| Equity | 10/15 | €54,064 | €58,548 | +€4,485 | +8.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €62,849 | €62,849 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,890 | €28,890 | = | 0.0% |
| Distributable reserves | 133 | €33,959 | €33,959 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,377 | -€22,893 | +€4,485 | +16.4% |
| Amounts payable | 17/49 | €177,219 | €149,972 | -€27,247 | -15.4% |
| Amounts payable after more than one year | 17 | €126,169 | €117,626 | -€8,544 | -6.8% |
| Financial debts | 170/4 | €126,169 | €117,626 | -€8,544 | -6.8% |
| Amounts payable within one year | 42/48 | €51,049 | €31,880 | -€19,170 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €8,239 | €8,544 | +€305 | +3.7% |
| Trade debts | 44 | €2,307 | €2,089 | -€219 | -9.5% |
| Suppliers | 440/4 | €2,307 | €2,089 | -€219 | -9.5% |
| Taxes, remuneration and social security | 45 | €6,825 | €6,790 | -€35 | -0.5% |
| Taxes | 450/3 | €6,825 | €6,790 | -€35 | -0.5% |
| Other amounts payable | 47/48 | €33,678 | €14,457 | -€19,221 | -57.1% |
| Accrued charges and deferred income | 492/3 | €0 | €466 | +€466 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,253 | €19,713 | -€1,540 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,542 | €0 | +€5,542 | |
| Other operating charges | 640/8 | €6,156 | €1,334 | -€4,822 | -78.3% |
| Gross operating margin | 9900 | €34,696 | €28,597 | -€6,099 | -17.6% |
| Operating profit (loss) | 9901 | €12,830 | €7,551 | -€5,279 | -41.1% |
| Financial income | 75/76B | €10 | €203 | +€193 | +1888.5% |
| Recurring financial income | 75 | €10 | €203 | +€193 | +1888.5% |
| Financial charges | 65/66B | €5,736 | €5,359 | -€378 | -6.6% |
| Recurring financial charges | 65 | €5,736 | €5,359 | -€378 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €7,104 | €2,395 | -€4,709 | -66.3% |
| Income taxes | 67/77 | €1,085 | €2,911 | +€1,825 | +168.2% |
| Profit (loss) for the period | 9904 | €6,019 | -€515 | -€6,534 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,019 | -€515 | -€6,534 |
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 4 October 2026 via checked.be.