Perform2achieve: 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.
Perform2achieve
Largest movements
- Tangible fixed assets +€181,302
up €181,302 (+1013.4%), from €17,890 to €199,191
of which Leasing and similar rights: +€170,318
- Receivables within one year +€65,598
up €65,598 (+266.6%), from €24,605 to €90,204
of which Trade receivables: +€63,870
- Cash +€41,646
up €41,646 (+609.7%), from €6,830 to €48,476
mainly Debts after one year (+€129,963) and Other debts (+€58,161)
- Stocks and contracts +€13,805
up €13,805 (+131.0%), from €10,537 to €24,342
- Debts after one year +€129,963
up €129,963 (+588.1%), from €22,100 to €152,063
- Other debts +€58,161
up €58,161 (+41.0%), from €142,016 to €200,177
- Trade debts +€49,654
up €49,654 (+209.7%), from €23,683 to €73,337
- Current portion of long-term debt +€38,950
up €38,950 (+1980.5%), from €1,967 to €40,917
- Profit (loss) carried forward +€18,974
up €18,974 (+7.6%), from -€248,539 to -€229,564
- Gross operating margin +€148,110
up €148,110 (+813.2%), from €18,213 to €166,323
- Staff costs +€43,428
up €43,428 (+86.9%), from €49,967 to €93,395
- Depreciation +€33,045
up €33,045 (+232.7%), from €14,201 to €47,247
- Financial charges -€5,786
down €5,786 (-47.9%), from €12,084 to €6,298
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 | €64,470 | €364,906 | +€300,436 | +466.0% |
| Fixed assets | 21/28 | €21,144 | €201,287 | +€180,143 | +852.0% |
| Intangible fixed assets | 21 | €3,254 | €2,096 | -€1,159 | -35.6% |
| Tangible fixed assets | 22/27 | €17,890 | €199,191 | +€181,302 | +1013.4% |
| Plant, machinery and equipment | 23 | €17,890 | €21,690 | +€3,800 | +21.2% |
| Furniture and vehicles | 24 | - | €7,184 | +€7,184 | |
| Leasing and similar rights | 25 | - | €170,318 | +€170,318 | |
| Current assets | 29/58 | €43,326 | €163,619 | +€120,293 | +277.6% |
| Stocks and contracts in progress | 3 | €10,537 | €24,342 | +€13,805 | +131.0% |
| Stocks | 30/36 | €10,537 | €24,342 | +€13,805 | +131.0% |
| Amounts receivable within one year | 40/41 | €24,605 | €90,204 | +€65,598 | +266.6% |
| Trade receivables | 40 | €22,439 | €86,309 | +€63,870 | +284.6% |
| Other amounts receivable | 41 | €2,166 | €3,895 | +€1,728 | +79.8% |
| Cash at bank and in hand | 54/58 | €6,830 | €48,476 | +€41,646 | +609.7% |
| Deferred charges and accrued income | 490/1 | €1,354 | €598 | -€756 | -55.8% |
| Total equity and liabilities | 10/49 | €64,470 | €364,906 | +€300,436 | +466.0% |
| Equity | 10/15 | -€148,539 | -€129,564 | +€18,974 | +12.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€248,539 | -€229,564 | +€18,974 | +7.6% |
| Amounts payable | 17/49 | €213,009 | €494,470 | +€281,462 | +132.1% |
| Amounts payable after more than one year | 17 | €22,100 | €152,063 | +€129,963 | +588.1% |
| Financial debts | 170/4 | €22,100 | €152,063 | +€129,963 | +588.1% |
| Amounts payable within one year | 42/48 | €178,877 | €329,150 | +€150,272 | +84.0% |
| Current portion of amounts payable after more than one year | 42 | €1,967 | €40,917 | +€38,950 | +1980.5% |
| Trade debts | 44 | €23,683 | €73,337 | +€49,654 | +209.7% |
| Suppliers | 440/4 | €23,683 | €73,337 | +€49,654 | +209.7% |
| Taxes, remuneration and social security | 45 | €11,212 | €14,719 | +€3,507 | +31.3% |
| Taxes | 450/3 | €104 | €0 | -€104 | -100.0% |
| Remuneration and social security | 454/9 | €11,109 | €14,719 | +€3,610 | +32.5% |
| Other amounts payable | 47/48 | €142,016 | €200,177 | +€58,161 | +41.0% |
| Accrued charges and deferred income | 492/3 | €12,031 | €13,257 | +€1,226 | +10.2% |
| Remuneration, social security and pensions | 62 | €49,967 | €93,395 | +€43,428 | +86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,201 | €47,247 | +€33,045 | +232.7% |
| Other operating charges | 640/8 | - | €771 | +€771 | |
| Gross operating margin | 9900 | €18,213 | €166,323 | +€148,110 | +813.2% |
| Operating profit (loss) | 9901 | -€45,955 | €24,911 | +€70,866 | |
| Financial income | 75/76B | €77 | €362 | +€285 | +368.7% |
| Recurring financial income | 75 | €77 | €362 | +€285 | +368.7% |
| Financial charges | 65/66B | €12,084 | €6,298 | -€5,786 | -47.9% |
| Recurring financial charges | 65 | €12,084 | €6,298 | -€5,786 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | -€57,962 | €18,974 | +€76,936 | |
| Profit (loss) for the period | 9904 | -€57,962 | €18,974 | +€76,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,962 | €18,974 | +€76,936 |
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 8 October 2026 via checked.be.