PERFORMANSEA: 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.
PERFORMANSEA
Largest movements
- Cash +€6,618
up €6,618 (+82.0%), from €8,068 to €14,686
mainly Net result for the year (+€9,875) and Depreciation (+€1,926)
- Receivables within one year +€2,860
new in 2025: €2,860
of which Other amounts receivable: +€1,647
- Tangible fixed assets +€1,754
up €1,754 (+33.1%), from €5,305 to €7,059
of which Furniture and vehicles: +€1,153
- Reserves +€9,875
new in 2025: €9,875
- Tax, wage and social debts +€1,599
up €1,599 (+60.9%), from €2,628 to €4,227
- Gross operating margin +€5,758
up €5,758 (+45.6%), from €12,613 to €18,371
- Taxes +€2,197
up €2,197 (+108%), from €2,030 to €4,227
- Staff costs -€2,067
down €2,067 (-56.7%), from €3,647 to €1,580
- Other operating charges -€723
down €723 (-50.6%), from €1,429 to €705
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,374 | €24,605 | +€11,232 | +84.0% |
| Fixed assets | 21/28 | €5,305 | €7,059 | +€1,754 | +33.1% |
| Tangible fixed assets | 22/27 | €5,305 | €7,059 | +€1,754 | +33.1% |
| Land and buildings | 22 | €2,090 | €1,555 | -€535 | -25.6% |
| Plant, machinery and equipment | 23 | - | €1,135 | +€1,135 | |
| Furniture and vehicles | 24 | €3,215 | €4,368 | +€1,153 | +35.9% |
| Current assets | 29/58 | €8,068 | €17,546 | +€9,478 | +117% |
| Amounts receivable within one year | 40/41 | - | €2,860 | +€2,860 | |
| Trade receivables | 40 | - | €1,213 | +€1,213 | |
| Other amounts receivable | 41 | - | €1,647 | +€1,647 | |
| Cash at bank and in hand | 54/58 | €8,068 | €14,686 | +€6,618 | +82.0% |
| Total equity and liabilities | 10/49 | €13,374 | €24,605 | +€11,232 | +84.0% |
| Equity | 10/15 | €8,393 | €18,268 | +€9,875 | +118% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €9,875 | +€9,875 | |
| Distributable reserves | 133 | - | €9,875 | +€9,875 | |
| Profit (loss) carried forward | 14 | €3,393 | €3,393 | = | 0.0% |
| Amounts payable | 17/49 | €4,981 | €6,337 | +€1,357 | +27.2% |
| Amounts payable within one year | 42/48 | €4,981 | €6,337 | +€1,357 | +27.2% |
| Trade debts | 44 | €136 | - | -€136 | |
| Suppliers | 440/4 | €136 | - | -€136 | |
| Taxes, remuneration and social security | 45 | €2,628 | €4,227 | +€1,599 | +60.9% |
| Taxes | 450/3 | €2,628 | €4,227 | +€1,599 | +60.9% |
| Other amounts payable | 47/48 | €2,217 | €2,111 | -€106 | -4.8% |
| Remuneration, social security and pensions | 62 | €3,647 | €1,580 | -€2,067 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,015 | €1,926 | -€89 | -4.4% |
| Other operating charges | 640/8 | €1,429 | €705 | -€723 | -50.6% |
| Gross operating margin | 9900 | €12,613 | €18,371 | +€5,758 | +45.6% |
| Operating profit (loss) | 9901 | €5,522 | €14,160 | +€8,637 | +156% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €101 | €58 | -€43 | -42.3% |
| Recurring financial charges | 65 | €101 | €58 | -€43 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €5,422 | €14,102 | +€8,679 | +160% |
| Income taxes | 67/77 | €2,030 | €4,227 | +€2,197 | +108% |
| Profit (loss) for the period | 9904 | €3,393 | €9,875 | +€6,482 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €3,393 | €9,875 | +€6,482 | +191% |
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 16 October 2026 via checked.be.