Perspectief & C°: 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.
Perspectief & C°
Largest movements
- Cash +€232,269
up €232,269 (+41.8%), from €555,463 to €787,732
mainly Advances received (+€412,623) and Depreciation (+€81,293)
- Tangible fixed assets -€47,682
down €47,682 (-4.7%), from €1.0m to €963,440
of which Land and buildings: -€26,058
- Receivables within one year +€26,952
up €26,952 (+73.9%), from €36,491 to €63,443
of which Trade receivables: +€13,549
- Advances received +€412,623
up €412,623 (+79.7%), from €517,409 to €930,032
- Tax, wage and social debts -€77,335
down €77,335 (-48.8%), from €158,492 to €81,157
of which Taxes: -€81,063
- Reserves -€75,601
down €75,601 (-27.5%), from €274,540 to €198,939
- Trade debts -€55,350
down €55,350 (-71.8%), from €77,056 to €21,706
- Other debts +€48,557
up €48,557 (+538%), from €9,031 to €57,588
- Gross operating margin -€216,926
down €216,926 (-57.5%), from €377,242 to €160,316
- Taxes -€75,445
down €75,445 (-84.1%), from €89,732 to €14,287
- Other operating charges +€15,258
up €15,258 (+1,019%), from €1,497 to €16,755
- Depreciation +€10,739
up €10,739 (+15.2%), from €70,554 to €81,293
- Staff costs -€10,669
down €10,669 (-31.7%), from €33,703 to €23,034
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 | €1,604,816 | €1,816,355 | +€211,539 | +13.2% |
| Fixed assets | 21/28 | €1,012,862 | €965,180 | -€47,682 | -4.7% |
| Tangible fixed assets | 22/27 | €1,011,122 | €963,440 | -€47,682 | -4.7% |
| Land and buildings | 22 | €862,230 | €836,172 | -€26,058 | -3.0% |
| Plant, machinery and equipment | 23 | €131,536 | €115,402 | -€16,133 | -12.3% |
| Furniture and vehicles | 24 | €17,357 | €11,866 | -€5,490 | -31.6% |
| Financial fixed assets | 28 | €1,740 | €1,740 | = | 0.0% |
| Current assets | 29/58 | €591,954 | €851,174 | +€259,220 | +43.8% |
| Amounts receivable within one year | 40/41 | €36,491 | €63,443 | +€26,952 | +73.9% |
| Trade receivables | 40 | €36,491 | €50,040 | +€13,549 | +37.1% |
| Other amounts receivable | 41 | - | €13,402 | +€13,402 | |
| Cash at bank and in hand | 54/58 | €555,463 | €787,732 | +€232,269 | +41.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,604,816 | €1,816,355 | +€211,539 | +13.2% |
| Equity | 10/15 | €312,759 | €237,158 | -€75,601 | -24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €274,540 | €198,939 | -€75,601 | -27.5% |
| Distributable reserves | 133 | €274,540 | €198,939 | -€75,601 | -27.5% |
| Profit (loss) carried forward | 14 | €32,019 | €32,019 | = | 0.0% |
| Amounts payable | 17/49 | €1,292,057 | €1,579,197 | +€287,140 | +22.2% |
| Amounts payable after more than one year | 17 | €487,606 | €445,385 | -€42,221 | -8.7% |
| Financial debts | 170/4 | €487,606 | €445,385 | -€42,221 | -8.7% |
| Amounts payable within one year | 42/48 | €804,451 | €1,133,812 | +€329,361 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €42,464 | €43,329 | +€865 | +2.0% |
| Trade debts | 44 | €77,056 | €21,706 | -€55,350 | -71.8% |
| Suppliers | 440/4 | €77,056 | €21,706 | -€55,350 | -71.8% |
| Advances received on contracts in progress | 46 | €517,409 | €930,032 | +€412,623 | +79.7% |
| Taxes, remuneration and social security | 45 | €158,492 | €81,157 | -€77,335 | -48.8% |
| Taxes | 450/3 | €157,605 | €76,542 | -€81,063 | -51.4% |
| Remuneration and social security | 454/9 | €887 | €4,615 | +€3,728 | +420% |
| Other amounts payable | 47/48 | €9,031 | €57,588 | +€48,557 | +538% |
| Remuneration, social security and pensions | 62 | €33,703 | €23,034 | -€10,669 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,554 | €81,293 | +€10,739 | +15.2% |
| Other operating charges | 640/8 | €1,497 | €16,755 | +€15,258 | +1,019% |
| Gross operating margin | 9900 | €377,242 | €160,316 | -€216,926 | -57.5% |
| Operating profit (loss) | 9901 | €271,489 | €39,234 | -€232,255 | -85.5% |
| Financial income | 75/76B | €0 | €25 | +€25 | +14,641% |
| Recurring financial income | 75 | €0 | €25 | +€25 | +14,641% |
| Financial charges | 65/66B | €7,168 | €16,128 | +€8,959 | +125% |
| Recurring financial charges | 65 | €7,168 | €16,128 | +€8,959 | +125% |
| Profit (loss) for the period before taxes | 9903 | €264,321 | €23,132 | -€241,189 | -91.2% |
| Income taxes | 67/77 | €89,732 | €14,287 | -€75,445 | -84.1% |
| Profit (loss) for the period | 9904 | €174,589 | €8,845 | -€165,744 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €174,589 | €8,845 | -€165,744 | -94.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.