PARAFE: 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.
PARAFE
Largest movements
- Tangible fixed assets -€12,663
down €12,663 (-32.0%), from €39,589 to €26,926
of which Furniture and vehicles: -€9,175
- Receivables within one year -€10,849
down €10,849 (-99.7%), from €10,880 to €31
of which Trade receivables: -€9,012
- Cash -€1,678
down €1,678 (-2.2%), from €75,810 to €74,132
mainly Tax, wage and social debts (-€10,503) and Advances received (-€8,147)
- Tax, wage and social debts -€10,503
down €10,503 (-95.2%), from €11,033 to €530
- Advances received -€8,147
no longer reported in 2025 (was €8,147)
- Profit (loss) carried forward -€7,588
down €7,588 (-27.5%), from €27,610 to €20,022
- Trade debts +€3,049
up €3,049 (+19.0%), from €16,081 to €19,130
of which Suppliers: +€2,109
- Current portion of long-term debt -€2,001
no longer reported in 2025 (was €2,001)
- Turnover -€26,537
down €26,537 (-44.5%), from €59,594 to €33,057
- Gross operating margin -€22,502
down €22,502 (-78.5%), from €28,676 to €6,174
- Purchases and services -€4,034
down €4,034 (-13.0%), from €30,918 to €26,884
- Taxes -€1,305
no longer reported in 2025 (was €1,305)
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 | €126,279 | €101,089 | -€25,190 | -19.9% |
| Fixed assets | 21/28 | €39,589 | €26,926 | -€12,663 | -32.0% |
| Tangible fixed assets | 22/27 | €39,589 | €26,926 | -€12,663 | -32.0% |
| Land and buildings | 22 | €22,669 | €19,181 | -€3,488 | -15.4% |
| Furniture and vehicles | 24 | €16,920 | €7,745 | -€9,175 | -54.2% |
| Current assets | 29/58 | €86,690 | €74,163 | -€12,527 | -14.5% |
| Amounts receivable within one year | 40/41 | €10,880 | €31 | -€10,849 | -99.7% |
| Trade receivables | 40 | €9,012 | - | -€9,012 | |
| Other amounts receivable | 41 | €1,868 | €31 | -€1,837 | -98.3% |
| Cash at bank and in hand | 54/58 | €75,810 | €74,132 | -€1,678 | -2.2% |
| Total equity and liabilities | 10/49 | €126,279 | €101,089 | -€25,190 | -19.9% |
| Equity | 10/15 | €84,820 | €77,232 | -€7,588 | -8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,610 | €38,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €26,750 | €26,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,610 | €20,022 | -€7,588 | -27.5% |
| Amounts payable | 17/49 | €41,459 | €23,857 | -€17,602 | -42.5% |
| Amounts payable within one year | 42/48 | €41,459 | €23,857 | -€17,602 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €2,001 | - | -€2,001 | |
| Trade debts | 44 | €16,081 | €19,130 | +€3,049 | +19.0% |
| Suppliers | 440/4 | €16,081 | €18,190 | +€2,109 | +13.1% |
| Bills of exchange payable | 441 | - | €940 | +€940 | |
| Advances received on contracts in progress | 46 | €8,147 | - | -€8,147 | |
| Taxes, remuneration and social security | 45 | €11,033 | €530 | -€10,503 | -95.2% |
| Taxes | 450/3 | €11,033 | €530 | -€10,503 | -95.2% |
| Other amounts payable | 47/48 | €4,197 | €4,197 | = | 0.0% |
| Turnover | 70 | €59,594 | €33,057 | -€26,537 | -44.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €30,918 | €26,884 | -€4,034 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,738 | €12,663 | -€75 | -0.6% |
| Other operating charges | 640/8 | €829 | €746 | -€83 | -10.0% |
| Non-recurring operating charges | 66A | €114 | - | -€114 | |
| Gross operating margin | 9900 | €28,676 | €6,174 | -€22,502 | -78.5% |
| Operating profit (loss) | 9901 | €14,995 | -€7,235 | -€22,230 | |
| Financial income | 75/76B | - | €146 | +€146 | |
| Recurring financial income | 75 | - | €146 | +€146 | |
| Financial charges | 65/66B | €631 | €499 | -€132 | -20.9% |
| Recurring financial charges | 65 | €631 | €499 | -€132 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €14,364 | -€7,588 | -€21,952 | |
| Income taxes | 67/77 | €1,305 | - | -€1,305 | |
| Profit (loss) for the period | 9904 | €13,059 | -€7,588 | -€20,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,059 | -€7,588 | -€20,647 |
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 11 October 2026 via checked.be.