De Parel: 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.
De Parel
Largest movements
- Receivables within one year +€890,813
up €890,813 (+631%), from €141,087 to €1.0m
of which Other amounts receivable: +€885,924
- Tangible fixed assets +€832,122
up €832,122 (+60.7%), from €1.4m to €2.2m
- Cash -€329,124
down €329,124 (-83.0%), from €396,300 to €67,175
mainly Investment in fixed assets (net) (-€895,988) and Receivables within one year (-€890,813)
- Other debts +€1.2m
up €1.2m (+38,351%), from €3,129 to €1.2m
- Reserves -€850,000
down €850,000 (-46.8%), from €1.8m to €966,156
of which Distributable reserves: -€850,000
- Current portion of long-term debt +€550,000
new in 2025: €550,000
- Profit (loss) carried forward +€375,498
new in 2025: €375,498
- Tax, wage and social debts +€95,175
new in 2025: €95,175
- Gross operating margin +€390,769
up €390,769 (+192%), from €203,991 to €594,760
- Taxes +€103,219
up €103,219 (+323%), from €31,955 to €135,175
- Depreciation +€11,312
up €11,312 (+21.5%), from €52,554 to €63,865
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 | €1,914,287 | €3,306,941 | +€1.4m | +72.8% |
| Fixed assets | 21/28 | €1,370,672 | €2,202,794 | +€832,122 | +60.7% |
| Tangible fixed assets | 22/27 | €1,370,672 | €2,202,794 | +€832,122 | +60.7% |
| Other tangible fixed assets | 26 | €1,370,672 | €2,202,794 | +€832,122 | +60.7% |
| Current assets | 29/58 | €543,615 | €1,104,147 | +€560,532 | +103% |
| Amounts receivable within one year | 40/41 | €141,087 | €1,031,900 | +€890,813 | +631% |
| Trade receivables | 40 | €283 | €5,171 | +€4,889 | +1,730% |
| Other amounts receivable | 41 | €140,805 | €1,026,729 | +€885,924 | +629% |
| Cash at bank and in hand | 54/58 | €396,300 | €67,175 | -€329,124 | -83.0% |
| Deferred charges and accrued income | 490/1 | €6,228 | €5,071 | -€1,156 | -18.6% |
| Total equity and liabilities | 10/49 | €1,914,287 | €3,306,941 | +€1.4m | +72.8% |
| Equity | 10/15 | €1,891,156 | €1,416,654 | -€474,502 | -25.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,816,156 | €966,156 | -€850,000 | -46.8% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €1,808,656 | €958,656 | -€850,000 | -47.0% |
| Profit (loss) carried forward | 14 | - | €375,498 | +€375,498 | |
| Amounts payable | 17/49 | €23,131 | €1,890,287 | +€1.9m | +8,072% |
| Amounts payable within one year | 42/48 | €11,240 | €1,876,759 | +€1.9m | +16,598% |
| Current portion of amounts payable after more than one year | 42 | - | €550,000 | +€550,000 | |
| Trade debts | 44 | €8,111 | €28,455 | +€20,344 | +251% |
| Suppliers | 440/4 | €8,111 | €28,455 | +€20,344 | +251% |
| Taxes, remuneration and social security | 45 | - | €95,175 | +€95,175 | |
| Taxes | 450/3 | - | €95,175 | +€95,175 | |
| Other amounts payable | 47/48 | €3,129 | €1,203,129 | +€1.2m | +38,351% |
| Accrued charges and deferred income | 492/3 | €11,892 | €13,529 | +€1,637 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,554 | €63,865 | +€11,312 | +21.5% |
| Other operating charges | 640/8 | €23,387 | €19,782 | -€3,606 | -15.4% |
| Gross operating margin | 9900 | €203,991 | €594,760 | +€390,769 | +192% |
| Operating profit (loss) | 9901 | €128,050 | €511,113 | +€383,063 | +299% |
| Financial income | 75/76B | - | €2,355 | +€2,355 | |
| Recurring financial income | 75 | - | €2,355 | +€2,355 | |
| Financial charges | 65/66B | €229 | €2,795 | +€2,566 | +1,120% |
| Recurring financial charges | 65 | €229 | €2,795 | +€2,566 | +1,120% |
| Profit (loss) for the period before taxes | 9903 | €127,821 | €510,673 | +€382,852 | +300% |
| Income taxes | 67/77 | €31,955 | €135,175 | +€103,219 | +323% |
| Profit (loss) for the period | 9904 | €95,866 | €375,498 | +€279,632 | +292% |
| Profit (loss) for the period to be appropriated | 9905 | €95,866 | €375,498 | +€279,632 | +292% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.