Dr. Alexander Parmentier: what changed
Dr. Alexander Parmentier
Largest movements
- Cash +€17,258
up €17,258 (+93.4%), from €18,482 to €35,740
mainly Net result for the year (+€94,040) and Depreciation (+€29,772)
- Tangible fixed assets -€16,345
down €16,345 (-10.0%), from €163,063 to €146,718
of which Other tangible fixed assets: -€15,238
- Deferred charges and accrued income -€6,760
down €6,760 (-8.9%), from €76,005 to €69,245
- Debts after one year -€21,368
down €21,368 (-20.3%), from €105,488 to €84,120
- Reserves +€10,951
up €10,951 (+13.2%), from €83,089 to €94,040
- Other debts +€7,819
up €7,819 (+24.1%), from €32,449 to €40,267
- Accrued charges and deferred income -€3,107
down €3,107 (-66.1%), from €4,702 to €1,595
- Gross operating margin +€9,910
up €9,910 (+6.0%), from €165,022 to €174,931
- Financial charges -€3,912
down €3,912 (-40.8%), from €9,580 to €5,668
- Taxes +€2,808
up €2,808 (+11.4%), from €24,546 to €27,354
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,551 | €251,704 | -€5,847 | -2.3% |
| Fixed assets | 21/28 | €163,063 | €146,718 | -€16,345 | -10.0% |
| Tangible fixed assets | 22/27 | €163,063 | €146,718 | -€16,345 | -10.0% |
| Land and buildings | 22 | €24,035 | €22,489 | -€1,546 | -6.4% |
| Plant, machinery and equipment | 23 | €5,845 | €3,657 | -€2,188 | -37.4% |
| Furniture and vehicles | 24 | €23,975 | €26,603 | +€2,627 | +11.0% |
| Other tangible fixed assets | 26 | €109,208 | €93,970 | -€15,238 | -14.0% |
| Current assets | 29/58 | €94,487 | €104,985 | +€10,498 | +11.1% |
| Cash at bank and in hand | 54/58 | €18,482 | €35,740 | +€17,258 | +93.4% |
| Deferred charges and accrued income | 490/1 | €76,005 | €69,245 | -€6,760 | -8.9% |
| Total equity and liabilities | 10/49 | €257,551 | €251,704 | -€5,847 | -2.3% |
| Equity | 10/15 | €88,089 | €99,040 | +€10,951 | +12.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €83,089 | €94,040 | +€10,951 | +13.2% |
| Distributable reserves | 133 | €83,089 | €94,040 | +€10,951 | +13.2% |
| Amounts payable | 17/49 | €169,462 | €152,663 | -€16,798 | -9.9% |
| Amounts payable after more than one year | 17 | €105,488 | €84,120 | -€21,368 | -20.3% |
| Financial debts | 170/4 | €105,488 | €84,120 | -€21,368 | -20.3% |
| Amounts payable within one year | 42/48 | €59,271 | €66,948 | +€7,677 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €21,053 | €21,368 | +€315 | +1.5% |
| Trade debts | 44 | €1,623 | €2,852 | +€1,229 | +75.7% |
| Suppliers | 440/4 | €1,623 | €2,852 | +€1,229 | +75.7% |
| Taxes, remuneration and social security | 45 | €4,147 | €2,461 | -€1,686 | -40.7% |
| Taxes | 450/3 | €4,147 | €2,236 | -€1,911 | -46.1% |
| Remuneration and social security | 454/9 | - | €225 | +€225 | |
| Other amounts payable | 47/48 | €32,449 | €40,267 | +€7,819 | +24.1% |
| Accrued charges and deferred income | 492/3 | €4,702 | €1,595 | -€3,107 | -66.1% |
| Remuneration, social security and pensions | 62 | €16,728 | €17,632 | +€904 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,656 | €29,772 | -€885 | -2.9% |
| Other operating charges | 640/8 | €421 | €465 | +€44 | +10.3% |
| Gross operating margin | 9900 | €165,022 | €174,931 | +€9,910 | +6.0% |
| Operating profit (loss) | 9901 | €117,216 | €127,063 | +€9,847 | +8.4% |
| Financial charges | 65/66B | €9,580 | €5,668 | -€3,912 | -40.8% |
| Recurring financial charges | 65 | €9,580 | €5,668 | -€3,912 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €107,636 | €121,395 | +€13,759 | +12.8% |
| Income taxes | 67/77 | €24,546 | €27,354 | +€2,808 | +11.4% |
| Profit (loss) for the period | 9904 | €83,089 | €94,040 | +€10,951 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €83,089 | €94,040 | +€10,951 | +13.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.