2PARFIN: what changed
Two fiscal 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.
2PARFIN
Largest movements
- Cash -€34,362
down €34,362 (-90.3%), from €38,046 to €3,685
mainly Trade debts (-€114,500) and Tax, wage and social debts (-€67,604)
- Tangible fixed assets -€28,561
down €28,561 (-3.6%), from €800,186 to €771,626
of which Land and buildings: -€36,028
- Trade debts -€114,500
down €114,500 (-91.8%), from €124,756 to €10,255
- Debts after one year +€103,840
up €103,840 (+15.3%), from €676,858 to €780,698
- Tax, wage and social debts -€67,604
down €67,604 (-86.8%), from €77,903 to €10,299
- Advances received +€15,000
up €15,000, from €0 to €15,000
- Other debts +€14,851
up €14,851 (+7071.7%), from €210 to €15,061
- Gross operating margin -€350,734
down €350,734 (-82.8%), from €423,784 to €73,050
- Taxes -€53,499
down €53,499 (-95.3%), from €56,109 to €2,610
- Financial charges -€14,828
down €14,828 (-38.2%), from €38,798 to €23,970
of which Non-recurring financial charges: -€10,479
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.
Cash bridge derived
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 | €996,768 | €943,429 | -€53,339 | -5.4% |
| Fixed assets | 21/28 | €800,186 | €774,126 | -€26,061 | -3.3% |
| Tangible fixed assets | 22/27 | €800,186 | €771,626 | -€28,561 | -3.6% |
| Land and buildings | 22 | €797,678 | €761,650 | -€36,028 | -4.5% |
| Plant, machinery and equipment | 23 | €2,508 | €2,222 | -€286 | -11.4% |
| Furniture and vehicles | 24 | €0 | €7,753 | +€7,753 | +77532300.0% |
| Financial fixed assets | 28 | €0 | €2,500 | +€2,500 | |
| Current assets | 29/58 | €196,582 | €169,303 | -€27,278 | -13.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €158,339 | €164,807 | +€6,468 | +4.1% |
| Trade receivables | 40 | €49,340 | €61,310 | +€11,970 | +24.3% |
| Other amounts receivable | 41 | €108,999 | €103,497 | -€5,502 | -5.0% |
| Cash at bank and in hand | 54/58 | €38,046 | €3,685 | -€34,362 | -90.3% |
| Deferred charges and accrued income | 490/1 | €196 | €812 | +€616 | +313.8% |
| Total equity and liabilities | 10/49 | €996,768 | €943,429 | -€53,339 | -5.4% |
| Equity | 10/15 | €113,167 | €108,440 | -€4,727 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,567 | €91,757 | -€2,810 | -3.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €94,567 | €91,757 | -€2,810 | -3.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,917 | -€1,917 | |
| Amounts payable | 17/49 | €883,601 | €834,989 | -€48,612 | -5.5% |
| Amounts payable after more than one year | 17 | €676,858 | €780,698 | +€103,840 | +15.3% |
| Other amounts payable | 178/9 | €676,858 | €780,698 | +€103,840 | +15.3% |
| Amounts payable within one year | 42/48 | €202,868 | €50,614 | -€152,254 | -75.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €124,756 | €10,255 | -€114,500 | -91.8% |
| Suppliers | 440/4 | €124,756 | €10,255 | -€114,500 | -91.8% |
| Advances received on contracts in progress | 46 | €0 | €15,000 | +€15,000 | |
| Taxes, remuneration and social security | 45 | €77,903 | €10,299 | -€67,604 | -86.8% |
| Taxes | 450/3 | €77,903 | €10,299 | -€67,604 | -86.8% |
| Other amounts payable | 47/48 | €210 | €15,061 | +€14,851 | +7071.7% |
| Accrued charges and deferred income | 492/3 | €3,875 | €3,677 | -€198 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,467 | €37,128 | +€3,661 | +10.9% |
| Other operating charges | 640/8 | €17,493 | €16,699 | -€794 | -4.5% |
| Non-recurring operating charges | 66A | €3,200 | €0 | -€3,200 | -100.0% |
| Gross operating margin | 9900 | €423,784 | €73,050 | -€350,734 | -82.8% |
| Operating profit (loss) | 9901 | €369,624 | €19,223 | -€350,401 | -94.8% |
| Financial income | 75/76B | €5,370 | €2,630 | -€2,740 | -51.0% |
| Recurring financial income | 75 | €5,370 | €2,630 | -€2,740 | -51.0% |
| Financial charges | 65/66B | €38,798 | €23,970 | -€14,828 | -38.2% |
| Recurring financial charges | 65 | €28,319 | €23,970 | -€4,349 | -15.4% |
| Non-recurring financial charges | 66B | €10,479 | €0 | -€10,479 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €336,195 | -€2,117 | -€338,312 | |
| Income taxes | 67/77 | €56,109 | €2,610 | -€53,499 | -95.3% |
| Profit (loss) for the period | 9904 | €280,087 | -€4,727 | -€284,813 | |
| Profit (loss) for the period to be appropriated | 9905 | €280,087 | -€4,727 | -€284,813 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.