Perfectum Consilium: 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.
Perfectum Consilium
Largest movements
- Current investments -€1.0m
down €1.0m (-56.7%), from €1.8m to €765,191
- Cash +€50,712
up €50,712 (+3,441%), from €1,474 to €52,186
mainly Current investments (+€1.0m) and Depreciation (+€45,304)
- Other debts -€904,769
down €904,769 (-62.7%), from €1.4m to €538,283
- Debts after one year -€36,119
down €36,119 (-65.0%), from €55,600 to €19,481
- Gross operating margin +€63,713
up €63,713, from -€35,166 to €28,547
- Other operating charges -€2,826
down €2,826 (-64.9%), from €4,354 to €1,528
- Staff costs -€2,606
no longer reported in 2024 (was €2,606)
- Depreciation +€1,949
up €1,949 (+4.5%), from €43,354 to €45,304
- Financial charges -€1,668
down €1,668 (-49.8%), from €3,350 to €1,683
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,226,999 | €1,274,732 | -€952,268 | -42.8% |
| Fixed assets | 21/28 | €151,696 | €136,850 | -€14,846 | -9.8% |
| Tangible fixed assets | 22/27 | €115,571 | €100,725 | -€14,846 | -12.8% |
| Plant, machinery and equipment | 23 | €5,470 | €3,875 | -€1,595 | -29.2% |
| Furniture and vehicles | 24 | €110,101 | €96,850 | -€13,251 | -12.0% |
| Financial fixed assets | 28 | €36,125 | €36,125 | = | 0.0% |
| Current assets | 29/58 | €2,075,303 | €1,137,882 | -€937,421 | -45.2% |
| Amounts receivable within one year | 40/41 | €308,639 | €320,505 | +€11,867 | +3.8% |
| Trade receivables | 40 | €294,711 | €319,776 | +€25,065 | +8.5% |
| Other amounts receivable | 41 | €13,928 | €729 | -€13,198 | -94.8% |
| Current investments | 50/53 | €1,765,191 | €765,191 | -€1.0m | -56.7% |
| Cash at bank and in hand | 54/58 | €1,474 | €52,186 | +€50,712 | +3,441% |
| Total equity and liabilities | 10/49 | €2,226,999 | €1,274,732 | -€952,268 | -42.8% |
| Equity | 10/15 | €628,188 | €607,480 | -€20,708 | -3.3% |
| Contributions | 10/11 | €263,917 | €263,917 | = | 0.0% |
| Reserves | 13 | €453,682 | €453,682 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,392 | €26,392 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,392 | €26,392 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €389,790 | €389,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,411 | -€110,119 | -€20,708 | -23.2% |
| Amounts payable | 17/49 | €1,598,811 | €667,252 | -€931,559 | -58.3% |
| Amounts payable after more than one year | 17 | €55,600 | €19,481 | -€36,119 | -65.0% |
| Financial debts | 170/4 | €55,600 | €19,481 | -€36,119 | -65.0% |
| Amounts payable within one year | 42/48 | €1,543,211 | €647,771 | -€895,441 | -58.0% |
| Current portion of amounts payable after more than one year | 42 | €32,405 | €36,119 | +€3,714 | +11.5% |
| Trade debts | 44 | €56,644 | €72,628 | +€15,984 | +28.2% |
| Suppliers | 440/4 | €56,644 | €72,628 | +€15,984 | +28.2% |
| Taxes, remuneration and social security | 45 | €11,111 | €741 | -€10,370 | -93.3% |
| Taxes | 450/3 | €11,111 | €741 | -€10,370 | -93.3% |
| Other amounts payable | 47/48 | €1,443,052 | €538,283 | -€904,769 | -62.7% |
| Remuneration, social security and pensions | 62 | €2,606 | - | -€2,606 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,354 | €45,304 | +€1,949 | +4.5% |
| Other operating charges | 640/8 | €4,354 | €1,528 | -€2,826 | -64.9% |
| Gross operating margin | 9900 | -€35,166 | €28,547 | +€63,713 | |
| Operating profit (loss) | 9901 | -€85,480 | -€18,284 | +€67,196 | +78.6% |
| Financial charges | 65/66B | €3,350 | €1,683 | -€1,668 | -49.8% |
| Recurring financial charges | 65 | €3,350 | €1,683 | -€1,668 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | -€88,830 | -€19,967 | +€68,863 | +77.5% |
| Income taxes | 67/77 | €581 | €741 | +€160 | +27.6% |
| Profit (loss) for the period | 9904 | -€89,411 | -€20,708 | +€68,703 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,411 | -€20,708 | +€68,703 | +76.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.