PARALLEL: 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.
PARALLEL
Largest movements
- Tangible fixed assets +€234,797
up €234,797 (+17.2%), from €1.4m to €1.6m
of which Assets under construction and advance payments: +€597,335
- Receivables within one year +€23,699
up €23,699 (+296%), from €8,019 to €31,718
of which Other amounts receivable: +€21,828
- Deferred charges and accrued income -€18,277
down €18,277 (-99.5%), from €18,377 to €100
- Other debts +€190,263
up €190,263 (+577%), from €32,977 to €223,241
- Profit (loss) carried forward +€68,927
up €68,927 (+89.8%), from €76,723 to €145,650
- Services and other goods +€22,906
up €22,906 (+33.1%), from €69,100 to €92,005
- Turnover +€13,523
up €13,523 (+5.7%), from €236,369 to €249,892
- Taxes -€4,151
down €4,151 (-15.3%), from €27,127 to €22,976
- Financial income -€3,227
no longer reported in 2025 (was €3,227)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,394,646 | €1,634,865 | +€240,219 | +17.2% |
| Fixed assets | 21/28 | €1,368,250 | €1,603,047 | +€234,797 | +17.2% |
| Tangible fixed assets | 22/27 | €1,368,250 | €1,603,047 | +€234,797 | +17.2% |
| Land and buildings | 22 | €1,368,250 | €1,005,713 | -€362,538 | -26.5% |
| Assets under construction and advance payments | 27 | - | €597,335 | +€597,335 | |
| Current assets | 29/58 | €26,396 | €31,818 | +€5,422 | +20.5% |
| Amounts receivable within one year | 40/41 | €8,019 | €31,718 | +€23,699 | +296% |
| Trade receivables | 40 | - | €1,872 | +€1,872 | |
| Other amounts receivable | 41 | €8,019 | €29,846 | +€21,828 | +272% |
| Deferred charges and accrued income | 490/1 | €18,377 | €100 | -€18,277 | -99.5% |
| Total equity and liabilities | 10/49 | €1,394,646 | €1,634,865 | +€240,219 | +17.2% |
| Equity | 10/15 | €574,273 | €636,584 | +€62,311 | +10.9% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Capital | 10 | €320,000 | €320,000 | = | 0.0% |
| Issued capital | 100 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €177,550 | €170,934 | -€6,616 | -3.7% |
| Non-distributable reserves | 130/1 | €32,000 | €32,000 | = | 0.0% |
| Legal reserve | 130 | €32,000 | €32,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €145,550 | €138,934 | -€6,616 | -4.5% |
| Profit (loss) carried forward | 14 | €76,723 | €145,650 | +€68,927 | +89.8% |
| Provisions and deferred taxes | 16 | €48,517 | €46,311 | -€2,205 | -4.5% |
| Deferred taxes | 168 | €48,517 | €46,311 | -€2,205 | -4.5% |
| Amounts payable | 17/49 | €771,856 | €951,969 | +€180,113 | +23.3% |
| Amounts payable after more than one year | 17 | €700,000 | €700,000 | = | 0.0% |
| Financial debts | 170/4 | €700,000 | €700,000 | = | 0.0% |
| Other loans | 174 | €700,000 | €700,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,856 | €251,111 | +€179,255 | +249% |
| Trade debts | 44 | €12,468 | €12,768 | +€300 | +2.4% |
| Suppliers | 440/4 | €12,468 | €12,768 | +€300 | +2.4% |
| Taxes, remuneration and social security | 45 | €26,411 | €15,103 | -€11,308 | -42.8% |
| Taxes | 450/3 | €26,411 | €15,103 | -€11,308 | -42.8% |
| Other amounts payable | 47/48 | €32,977 | €223,241 | +€190,263 | +577% |
| Accrued charges and deferred income | 492/3 | - | €858 | +€858 | |
| Operating income | 70/76A | €236,369 | €249,892 | +€13,523 | +5.7% |
| Turnover | 70 | €236,369 | €249,892 | +€13,523 | +5.7% |
| Operating charges | 60/66A | €120,905 | €143,069 | +€22,165 | +18.3% |
| Services and other goods | 61 | €69,100 | €92,005 | +€22,906 | +33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,763 | €49,763 | = | 0.0% |
| Other operating charges | 640/8 | €2,042 | €1,301 | -€741 | -36.3% |
| Operating profit (loss) | 9901 | €115,464 | €106,822 | -€8,642 | -7.5% |
| Financial income | 75/76B | €3,227 | - | -€3,227 | |
| Recurring financial income | 75 | €3,227 | - | -€3,227 | |
| Income from current assets | 751 | €3,227 | - | -€3,227 | |
| Financial charges | 65/66B | €21,359 | €23,741 | +€2,382 | +11.2% |
| Recurring financial charges | 65 | €21,359 | €23,741 | +€2,382 | +11.2% |
| Debt charges | 650 | €21,058 | €23,409 | +€2,352 | +11.2% |
| Other financial charges | 652/9 | €301 | €331 | +€30 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €97,333 | €83,082 | -€14,251 | -14.6% |
| Transfer from deferred taxes | 780 | €2,205 | €2,205 | = | 0.0% |
| Income taxes | 67/77 | €27,127 | €22,976 | -€4,151 | -15.3% |
| Taxes | 670/3 | €27,127 | €22,976 | -€4,151 | -15.3% |
| Profit (loss) for the period | 9904 | €72,411 | €62,311 | -€10,100 | -13.9% |
| Transfer from tax-exempt reserves | 789 | €6,616 | €6,616 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,027 | €68,927 | -€10,100 | -12.8% |
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 23 October 2026 via checked.be.