SB PERFECT: 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.
SB PERFECT
Largest movements
- Tangible fixed assets -€23,174
down €23,174 (-7.7%), from €301,277 to €278,103
of which Land and buildings: -€16,538
- Receivables within one year -€22,086
down €22,086 (-67.1%), from €32,892 to €10,806
of which Trade receivables: -€22,151
- Deferred charges and accrued income +€3,661
up €3,661 (+148%), from €2,470 to €6,131
- Profit (loss) carried forward -€18,865
down €18,865 (-4.9%), from -€385,780 to -€404,645
- Trade debts -€12,246
down €12,246 (-81.7%), from €14,989 to €2,742
- Other debts -€12,176
down €12,176 (-11.9%), from €102,607 to €90,431
- Gross operating margin -€78,083
down €78,083 (-78.0%), from €100,170 to €22,087
- Depreciation +€6,192
up €6,192 (+30.2%), from €20,474 to €26,666
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 | €339,721 | €295,971 | -€43,750 | -12.9% |
| Fixed assets | 21/28 | €301,574 | €278,400 | -€23,174 | -7.7% |
| Tangible fixed assets | 22/27 | €301,277 | €278,103 | -€23,174 | -7.7% |
| Land and buildings | 22 | €213,053 | €196,516 | -€16,538 | -7.8% |
| Furniture and vehicles | 24 | €4,653 | €2,963 | -€1,690 | -36.3% |
| Other tangible fixed assets | 26 | €83,570 | €78,624 | -€4,946 | -5.9% |
| Financial fixed assets | 28 | €297 | €297 | = | 0.0% |
| Current assets | 29/58 | €38,147 | €17,571 | -€20,576 | -53.9% |
| Amounts receivable within one year | 40/41 | €32,892 | €10,806 | -€22,086 | -67.1% |
| Trade receivables | 40 | €32,892 | €10,741 | -€22,151 | -67.3% |
| Other amounts receivable | 41 | - | €66 | +€66 | |
| Cash at bank and in hand | 54/58 | €2,785 | €633 | -€2,152 | -77.3% |
| Deferred charges and accrued income | 490/1 | €2,470 | €6,131 | +€3,661 | +148% |
| Total equity and liabilities | 10/49 | €339,721 | €295,971 | -€43,750 | -12.9% |
| Equity | 10/15 | €220,759 | €201,894 | -€18,865 | -8.5% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Revaluation surpluses | 12 | €67,743 | €67,743 | = | 0.0% |
| Reserves | 13 | €352,795 | €352,795 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,874 | €19,874 | = | 0.0% |
| Legal reserve | 130 | €19,874 | €19,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €178,607 | €178,607 | = | 0.0% |
| Distributable reserves | 133 | €154,315 | €154,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€385,780 | -€404,645 | -€18,865 | -4.9% |
| Amounts payable | 17/49 | €118,962 | €94,077 | -€24,885 | -20.9% |
| Amounts payable within one year | 42/48 | €118,962 | €94,077 | -€24,885 | -20.9% |
| Trade debts | 44 | €14,989 | €2,742 | -€12,246 | -81.7% |
| Suppliers | 440/4 | €14,989 | €2,742 | -€12,246 | -81.7% |
| Taxes, remuneration and social security | 45 | €1,367 | €905 | -€462 | -33.8% |
| Taxes | 450/3 | €1,367 | €905 | -€462 | -33.8% |
| Other amounts payable | 47/48 | €102,607 | €90,431 | -€12,176 | -11.9% |
| Remuneration, social security and pensions | 62 | €367 | - | -€367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,474 | €26,666 | +€6,192 | +30.2% |
| Other operating charges | 640/8 | €12,743 | €13,031 | +€288 | +2.3% |
| Gross operating margin | 9900 | €100,170 | €22,087 | -€78,083 | -78.0% |
| Operating profit (loss) | 9901 | €66,586 | -€17,610 | -€84,196 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +360% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +360% |
| Financial charges | 65/66B | €933 | €1,135 | +€202 | +21.6% |
| Recurring financial charges | 65 | €933 | €1,135 | +€202 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €65,653 | -€18,744 | -€84,397 | |
| Income taxes | 67/77 | €167 | €121 | -€47 | -27.8% |
| Profit (loss) for the period | 9904 | €65,486 | -€18,865 | -€84,351 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,486 | -€18,865 | -€84,351 |
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 15 October 2026 via checked.be.