Perspective Fund 1: 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.
Perspective Fund 1
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,692
down €1,692 (-79.5%), from -€2,128 to -€3,820
- Other operating charges +€639
up €639 (+142%), from €451 to €1,090
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 | €5,007,404 | €5,028,973 | +€21,569 | +0.4% |
| Fixed assets | 21/28 | €425,500 | €425,500 | = | 0.0% |
| Financial fixed assets | 28 | €425,500 | €425,500 | = | 0.0% |
| Current assets | 29/58 | €4,581,904 | €4,603,473 | +€21,569 | +0.5% |
| Amounts receivable within one year | 40/41 | €4,578,723 | €4,602,421 | +€23,699 | +0.5% |
| Trade receivables | 40 | €3,300 | €3,300 | = | 0.0% |
| Other amounts receivable | 41 | €4,575,423 | €4,599,121 | +€23,699 | +0.5% |
| Cash at bank and in hand | 54/58 | €3,181 | €1,052 | -€2,129 | -66.9% |
| Total equity and liabilities | 10/49 | €5,007,404 | €5,028,973 | +€21,569 | +0.4% |
| Equity | 10/15 | €4,990,028 | €4,985,013 | -€5,015 | -0.1% |
| Contributions | 10/11 | €5,000,000 | €5,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,972 | -€14,987 | -€5,015 | -50.3% |
| Amounts payable | 17/49 | €17,376 | €43,960 | +€26,584 | +153% |
| Amounts payable within one year | 42/48 | €17,376 | €43,960 | +€26,584 | +153% |
| Trade debts | 44 | €4,376 | €7,189 | +€2,813 | +64.3% |
| Suppliers | 440/4 | €4,376 | €7,189 | +€2,813 | +64.3% |
| Other amounts payable | 47/48 | €13,000 | €36,771 | +€23,771 | +183% |
| Other operating charges | 640/8 | €451 | €1,090 | +€639 | +142% |
| Gross operating margin | 9900 | -€2,128 | -€3,820 | -€1,692 | -79.5% |
| Operating profit (loss) | 9901 | -€2,579 | -€4,910 | -€2,331 | -90.4% |
| Financial charges | 65/66B | €133 | €105 | -€28 | -21.0% |
| Recurring financial charges | 65 | €133 | €105 | -€28 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,712 | -€5,015 | -€2,303 | -84.9% |
| Profit (loss) for the period | 9904 | -€2,712 | -€5,015 | -€2,303 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,712 | -€5,015 | -€2,303 | -84.9% |
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.