In Partibus: 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.
In Partibus
Largest movements
- Stocks and contracts +€45,363
up €45,363 (+1.9%), from €2.4m to €2.4m
- Other debts +€48,677
up €48,677 (+1.7%), from €2.9m to €3.0m
- Gross operating margin +€16,218
up €16,218 (+656%), from €2,471 to €18,689
- Other operating charges +€3,880
up €3,880 (+2,754%), from €141 to €4,021
- Financial charges +€1,037
up €1,037 (+22.3%), from €4,651 to €5,688
- Financial income +€233
up €233 (+6.3%), from €3,688 to €3,921
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 | €3,178,011 | €3,221,425 | +€43,414 | +1.4% |
| Fixed assets | 21/28 | €300,228 | €291,248 | -€8,981 | -3.0% |
| Tangible fixed assets | 22/27 | €300,228 | €291,248 | -€8,981 | -3.0% |
| Land and buildings | 22 | €289,542 | €282,066 | -€7,476 | -2.6% |
| Other tangible fixed assets | 26 | €10,686 | €9,182 | -€1,505 | -14.1% |
| Current assets | 29/58 | €2,877,782 | €2,930,177 | +€52,395 | +1.8% |
| Stocks and contracts in progress | 3 | €2,356,500 | €2,401,863 | +€45,363 | +1.9% |
| Stocks | 30/36 | €2,356,500 | €2,401,863 | +€45,363 | +1.9% |
| Amounts receivable within one year | 40/41 | €520,572 | €524,439 | +€3,868 | +0.7% |
| Other amounts receivable | 41 | €520,572 | €524,439 | +€3,868 | +0.7% |
| Cash at bank and in hand | 54/58 | €711 | €3,874 | +€3,164 | +445% |
| Total equity and liabilities | 10/49 | €3,178,011 | €3,221,425 | +€43,414 | +1.4% |
| Equity | 10/15 | -€79,462 | -€75,541 | +€3,920 | +4.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,462 | -€80,541 | +€3,920 | +4.6% |
| Amounts payable | 17/49 | €3,257,472 | €3,296,966 | +€39,494 | +1.2% |
| Amounts payable after more than one year | 17 | €335,402 | €322,496 | -€12,906 | -3.8% |
| Financial debts | 170/4 | €334,872 | €321,966 | -€12,906 | -3.9% |
| Other amounts payable | 178/9 | €530 | €530 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,922,070 | €2,974,470 | +€52,400 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €2,510 | €6,531 | +€4,021 | +160% |
| Trade debts | 44 | €298 | - | -€298 | |
| Suppliers | 440/4 | €298 | - | -€298 | |
| Other amounts payable | 47/48 | €2,919,262 | €2,967,939 | +€48,677 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,981 | €8,981 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €4,021 | +€3,880 | +2,754% |
| Gross operating margin | 9900 | €2,471 | €18,689 | +€16,218 | +656% |
| Operating profit (loss) | 9901 | -€6,650 | €5,688 | +€12,338 | |
| Financial income | 75/76B | €3,688 | €3,921 | +€233 | +6.3% |
| Recurring financial income | 75 | €3,688 | €3,921 | +€233 | +6.3% |
| Financial charges | 65/66B | €4,651 | €5,688 | +€1,037 | +22.3% |
| Recurring financial charges | 65 | €4,651 | €5,688 | +€1,037 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,614 | €3,920 | +€11,534 | |
| Profit (loss) for the period | 9904 | -€7,614 | €3,920 | +€11,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,614 | €3,920 | +€11,534 |
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 18 October 2026 via checked.be.