Perfina: 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.
Perfina
Largest movements
- Cash +€23,590
up €23,590 (+13.5%), from €174,788 to €198,378
mainly Net result for the year (+€238,308) and Depreciation (+€3,894)
- Receivables within one year +€4,645
up €4,645, from €0 to €4,645
- Tangible fixed assets -€2,668
down €2,668 (-12.0%), from €22,212 to €19,545
of which Other tangible fixed assets: -€2,225
- Reserves +€41,503
up €41,503 (+21.1%), from €196,805 to €238,308
- Tax, wage and social debts -€13,118
down €13,118 (-99.1%), from €13,239 to €121
- Other debts -€2,989
down €2,989 (-45.3%), from €6,591 to €3,603
- Financial income +€55,568
up €55,568 (+1629.2%), from €3,411 to €58,979
- Gross operating margin -€22,772
down €22,772 (-8.6%), from €264,554 to €241,783
- Taxes -€6,503
down €6,503 (-10.5%), from €61,895 to €55,392
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 | €227,480 | €252,269 | +€24,789 | +10.9% |
| Fixed assets | 21/28 | €27,212 | €24,545 | -€2,668 | -9.8% |
| Tangible fixed assets | 22/27 | €22,212 | €19,545 | -€2,668 | -12.0% |
| Plant, machinery and equipment | 23 | €2,204 | €2,383 | +€178 | +8.1% |
| Furniture and vehicles | 24 | €2,475 | €1,854 | -€621 | -25.1% |
| Other tangible fixed assets | 26 | €17,532 | €15,308 | -€2,225 | -12.7% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €200,267 | €227,724 | +€27,457 | +13.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €4,645 | +€4,645 | |
| Other amounts receivable | 41 | €0 | €4,645 | +€4,645 | |
| Current investments | 50/53 | €23,881 | €23,881 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €174,788 | €198,378 | +€23,590 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,599 | €820 | -€778 | -48.7% |
| Total equity and liabilities | 10/49 | €227,480 | €252,269 | +€24,789 | +10.9% |
| Equity | 10/15 | €206,805 | €248,308 | +€41,503 | +20.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €196,805 | €238,308 | +€41,503 | +21.1% |
| Distributable reserves | 133 | €196,805 | €238,308 | +€41,503 | +21.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,674 | €3,961 | -€16,714 | -80.8% |
| Amounts payable within one year | 42/48 | €20,674 | €3,961 | -€16,714 | -80.8% |
| Trade debts | 44 | €844 | €237 | -€607 | -71.9% |
| Suppliers | 440/4 | €844 | €237 | -€607 | -71.9% |
| Taxes, remuneration and social security | 45 | €13,239 | €121 | -€13,118 | -99.1% |
| Taxes | 450/3 | €13,239 | €121 | -€13,118 | -99.1% |
| Other amounts payable | 47/48 | €6,591 | €3,603 | -€2,989 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,662 | €3,894 | +€232 | +6.3% |
| Other operating charges | 640/8 | €804 | €736 | -€68 | -8.5% |
| Gross operating margin | 9900 | €264,554 | €241,783 | -€22,772 | -8.6% |
| Operating profit (loss) | 9901 | €260,088 | €237,153 | -€22,935 | -8.8% |
| Financial income | 75/76B | €3,411 | €58,979 | +€55,568 | +1629.2% |
| Recurring financial income | 75 | €3,411 | €58,979 | +€55,568 | +1629.2% |
| Financial charges | 65/66B | €4,799 | €2,432 | -€2,367 | -49.3% |
| Recurring financial charges | 65 | €4,799 | €2,432 | -€2,367 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | €258,700 | €293,700 | +€35,000 | +13.5% |
| Income taxes | 67/77 | €61,895 | €55,392 | -€6,503 | -10.5% |
| Profit (loss) for the period | 9904 | €196,805 | €238,308 | +€41,503 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €196,805 | €238,308 | +€41,503 | +21.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.