PERFECTY: 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.
What changed
PERFECTY
NACE 46.839, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.2m-€150,676
Equity
€7.1m
2024 · €6.7m+€348,266
Cash
€2.0m
2024 · €1.6m+€361,072
Balance sheet total
€9.0m
2024 · €8.6m+€373,186
Largest movements
Assets
- Cash +€361,072
up €361,072 (+22.6%), from €1.6m to €2.0m
mainly Net result for the year (+€1.0m) and Depreciation (+€409,520)
- Tangible fixed assets -€324,920
down €324,920 (-18.5%), from €1.8m to €1.4m
of which Land and buildings: -€197,557
- Stocks and contracts +€286,998
up €286,998 (+8.4%), from €3.4m to €3.7m
Equity and liabilities
- Reserves +€512,712
up €512,712 (+8.5%), from €6.1m to €6.6m
of which Distributable reserves: +€512,712
- Tax, wage and social debts +€158,155
up €158,155 (+36.2%), from €436,355 to €594,510
of which Taxes: +€88,423
- Profit (loss) carried forward -€150,676
down €150,676 (-29.4%), from €512,712 to €362,036
Income statement
- Turnover -€773,732
down €773,732 (-5.7%), from €13.5m to €12.8m
- Goods and materials -€638,625
down €638,625 (-7.7%), from €8.3m to €7.6m
of which Change in stocks: decrease (increase): -€394,942
- Staff costs +€137,706
up €137,706 (+7.8%), from €1.8m to €1.9m
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.
Result 2024
€1.2m
Turnover
-€773,732
Other operating income
+€9,120
Goods and materials
+€638,625
Services and other goods
+€27,994
Staff costs
-€137,706
Depreciation
+€11,316
Write-downs
-€269
Other operating charges
+€3,396
Other operating items
+€587
Financial income
+€14,616
Financial charges
+€7,051
Taxes
+€48,328
Result 2025
€1.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
-€84,600
Financing
-€757,321
Cash 2024
€1.6m
From operations (derived)
+€1.2m
Net result for the year
+€1.0m
Depreciation
+€409,520
Stocks and contracts
-€286,998
Receivables within one year
-€82,705
Deferred charges and accrued income
+€32,669
Trade debts
-€45,663
Tax, wage and social debts
+€158,155
Accrued charges and deferred income
-€28,020
Investment (derived)
-€84,600
Investment in fixed assets (net)
-€84,600
Financing
-€757,321
Debts after one year
-€51,564
Current portion of long-term debt
-€7,649
Short-term financial debts
-€338
Contributions, distributions and other
-€697,770
Cash 2025
€2.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,600,456 | €8,973,642 | +€373,186 | +4.3% |
| Fixed assets | 21/28 | €2,168,647 | €1,843,727 | -€324,920 | -15.0% |
| Tangible fixed assets | 22/27 | €1,758,339 | €1,433,419 | -€324,920 | -18.5% |
| Land and buildings | 22 | €1,371,964 | €1,174,407 | -€197,557 | -14.4% |
| Plant, machinery and equipment | 23 | €318,356 | €210,149 | -€108,207 | -34.0% |
| Furniture and vehicles | 24 | €58,226 | €43,071 | -€15,155 | -26.0% |
| Other tangible fixed assets | 26 | €9,793 | €5,793 | -€4,001 | -40.9% |
| Financial fixed assets | 28 | €410,308 | €410,308 | = | 0.0% |
| Affiliated companies | 280/1 | €410,110 | €410,110 | = | 0.0% |
| Participating interests | 280 | €410,110 | €410,110 | = | 0.0% |
| Other financial fixed assets | 284/8 | €198 | €198 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €6,431,809 | €7,129,915 | +€698,106 | +10.9% |
| Stocks and contracts in progress | 3 | €3,419,028 | €3,706,026 | +€286,998 | +8.4% |
| Stocks | 30/36 | €3,419,028 | €3,706,026 | +€286,998 | +8.4% |
| Goods purchased for resale | 34 | €3,419,028 | €3,706,026 | +€286,998 | +8.4% |
| Amounts receivable within one year | 40/41 | €1,371,778 | €1,454,482 | +€82,705 | +6.0% |
| Trade receivables | 40 | €1,371,778 | €1,454,482 | +€82,705 | +6.0% |
| Cash at bank and in hand | 54/58 | €1,597,602 | €1,958,674 | +€361,072 | +22.6% |
| Deferred charges and accrued income | 490/1 | €43,402 | €10,733 | -€32,669 | -75.3% |
| Total equity and liabilities | 10/49 | €8,600,456 | €8,973,642 | +€373,186 | +4.3% |
| Equity | 10/15 | €6,720,612 | €7,068,878 | +€348,266 | +5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,055,920 | €6,568,632 | +€512,712 | +8.5% |
| Non-distributable reserves | 130/1 | €27,271 | €27,271 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,071 | €21,071 | = | 0.0% |
| Tax-exempt reserves | 132 | €586 | €586 | = | 0.0% |
| Distributable reserves | 133 | €6,028,063 | €6,540,775 | +€512,712 | +8.5% |
| Profit (loss) carried forward | 14 | €512,712 | €362,036 | -€150,676 | -29.4% |
| Investment grants | 15 | €89,980 | €76,210 | -€13,770 | -15.3% |
| Amounts payable | 17/49 | €1,879,844 | €1,904,764 | +€24,920 | +1.3% |
| Amounts payable after more than one year | 17 | €76,496 | €24,932 | -€51,564 | -67.4% |
| Financial debts | 170/4 | €76,496 | €24,932 | -€51,564 | -67.4% |
| Credit institutions | 173 | €76,496 | €24,932 | -€51,564 | -67.4% |
| Amounts payable within one year | 42/48 | €1,761,163 | €1,865,668 | +€104,505 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €59,213 | €51,564 | -€7,649 | -12.9% |
| Financial debts | 43 | €68,137 | €67,799 | -€338 | -0.5% |
| Credit institutions | 430/8 | €68,137 | €67,799 | -€338 | -0.5% |
| Trade debts | 44 | €515,920 | €470,256 | -€45,663 | -8.9% |
| Suppliers | 440/4 | €515,920 | €470,256 | -€45,663 | -8.9% |
| Taxes, remuneration and social security | 45 | €436,355 | €594,510 | +€158,155 | +36.2% |
| Taxes | 450/3 | €278,135 | €366,558 | +€88,423 | +31.8% |
| Remuneration and social security | 454/9 | €158,220 | €227,952 | +€69,732 | +44.1% |
| Other amounts payable | 47/48 | €681,538 | €681,538 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €42,185 | €14,165 | -€28,020 | -66.4% |
| Operating income | 70/76A | €13,592,370 | €12,827,758 | -€764,612 | -5.6% |
| Turnover | 70 | €13,548,851 | €12,775,119 | -€773,732 | -5.7% |
| Other operating income | 74 | €43,519 | €52,639 | +€9,120 | +21.0% |
| Operating charges | 60/66A | €11,965,220 | €11,421,278 | -€543,942 | -4.5% |
| Goods for resale, raw materials and consumables | 60 | €8,256,565 | €7,617,941 | -€638,625 | -7.7% |
| Purchases | 600/8 | €8,148,621 | €7,904,938 | -€243,683 | -3.0% |
| Change in stocks: decrease (increase) | 609 | €107,944 | -€286,998 | -€394,942 | |
| Services and other goods | 61 | €1,443,019 | €1,415,025 | -€27,994 | -1.9% |
| Remuneration, social security and pensions | 62 | €1,772,086 | €1,909,792 | +€137,706 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420,836 | €409,520 | -€11,316 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,339 | -€2,070 | +€269 | +11.5% |
| Other operating charges | 640/8 | €74,389 | €70,994 | -€3,396 | -4.6% |
| Non-recurring operating charges | 66A | €664 | €77 | -€587 | -88.4% |
| Operating profit (loss) | 9901 | €1,627,151 | €1,406,480 | -€220,671 | -13.6% |
| Financial income | 75/76B | €20,210 | €34,825 | +€14,616 | +72.3% |
| Recurring financial income | 75 | €20,210 | €34,825 | +€14,616 | +72.3% |
| Other financial income | 752/9 | €20,210 | €34,825 | +€14,616 | +72.3% |
| Financial charges | 65/66B | €32,817 | €25,766 | -€7,051 | -21.5% |
| Recurring financial charges | 65 | €32,817 | €25,766 | -€7,051 | -21.5% |
| Debt charges | 650 | €10,012 | €7,637 | -€2,375 | -23.7% |
| Other financial charges | 652/9 | €22,805 | €18,128 | -€4,677 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €1,614,543 | €1,415,539 | -€199,004 | -12.3% |
| Income taxes | 67/77 | €417,831 | €369,503 | -€48,328 | -11.6% |
| Taxes | 670/3 | €417,831 | €369,503 | -€48,328 | -11.6% |
| Profit (loss) for the period | 9904 | €1,196,712 | €1,046,036 | -€150,676 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,196,712 | €1,046,036 | -€150,676 | -12.6% |
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 17 October 2026 via checked.be.