The Perfect Match: 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.
The Perfect Match
Largest movements
- Cash +€41,225
up €41,225 (+75.9%), from €54,337 to €95,562
mainly Net result for the year (+€32,043) and Other debts (+€4,309)
- Receivables within one year -€1,963
down €1,963 (-75.0%), from €2,617 to €654
- Reserves +€32,043
up €32,043 (+109%), from €29,302 to €61,345
- Other debts +€4,309
up €4,309 (+717%), from €601 to €4,910
- Tax, wage and social debts +€2,158
up €2,158 (+8.6%), from €24,962 to €27,120
of which Taxes: +€7,850
- Trade debts +€1,682
up €1,682 (+165%), from €1,018 to €2,700
- Gross operating margin +€4,956
up €4,956 (+11.4%), from €43,398 to €48,354
- Taxes +€1,637
up €1,637 (+13.2%), from €12,448 to €14,086
- Financial charges +€759
up €759 (+581%), from €131 to €890
- Depreciation +€490
up €490 (+108%), from €454 to €944
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 | €58,883 | €99,075 | +€40,192 | +68.3% |
| Fixed assets | 21/28 | €1,928 | €2,093 | +€164 | +8.5% |
| Tangible fixed assets | 22/27 | €1,928 | €2,093 | +€164 | +8.5% |
| Plant, machinery and equipment | 23 | €1,928 | €2,093 | +€164 | +8.5% |
| Current assets | 29/58 | €56,954 | €96,982 | +€40,028 | +70.3% |
| Amounts receivable within one year | 40/41 | €2,617 | €654 | -€1,963 | -75.0% |
| Other amounts receivable | 41 | €2,617 | €654 | -€1,963 | -75.0% |
| Cash at bank and in hand | 54/58 | €54,337 | €95,562 | +€41,225 | +75.9% |
| Deferred charges and accrued income | 490/1 | - | €767 | +€767 | |
| Total equity and liabilities | 10/49 | €58,883 | €99,075 | +€40,192 | +68.3% |
| Equity | 10/15 | €32,302 | €64,345 | +€32,043 | +99.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,302 | €61,345 | +€32,043 | +109% |
| Distributable reserves | 133 | €29,302 | €61,345 | +€32,043 | +109% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,581 | €34,730 | +€8,150 | +30.7% |
| Amounts payable within one year | 42/48 | €26,581 | €34,730 | +€8,150 | +30.7% |
| Trade debts | 44 | €1,018 | €2,700 | +€1,682 | +165% |
| Suppliers | 440/4 | €1,018 | €2,700 | +€1,682 | +165% |
| Taxes, remuneration and social security | 45 | €24,962 | €27,120 | +€2,158 | +8.6% |
| Taxes | 450/3 | €19,142 | €26,992 | +€7,850 | +41.0% |
| Remuneration and social security | 454/9 | €5,820 | €128 | -€5,692 | -97.8% |
| Other amounts payable | 47/48 | €601 | €4,910 | +€4,309 | +717% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €944 | +€490 | +108% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €43,398 | €48,354 | +€4,956 | +11.4% |
| Operating profit (loss) | 9901 | €42,556 | €47,010 | +€4,454 | +10.5% |
| Financial income | 75/76B | €184 | €9 | -€175 | -95.2% |
| Recurring financial income | 75 | €184 | €9 | -€175 | -95.2% |
| Financial charges | 65/66B | €131 | €890 | +€759 | +581% |
| Recurring financial charges | 65 | €131 | €890 | +€759 | +581% |
| Profit (loss) for the period before taxes | 9903 | €42,610 | €46,129 | +€3,519 | +8.3% |
| Income taxes | 67/77 | €12,448 | €14,086 | +€1,637 | +13.2% |
| Profit (loss) for the period | 9904 | €30,161 | €32,043 | +€1,882 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,161 | €32,043 | +€1,882 | +6.2% |
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 23 October 2026 via checked.be.