PARALLELE: what changed
Two fiscal 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.
PARALLELE
Largest movements
- Receivables within one year -€61,517
down €61,517 (-39.0%), from €157,628 to €96,111
of which Trade receivables: -€50,835
- Cash +€37,919
up €37,919 (+32.0%), from €118,441 to €156,360
mainly Receivables within one year (+€61,517) and Debts after one year (+€28,265)
- Tangible fixed assets +€29,876
up €29,876 (+74.0%), from €40,399 to €70,275
of which Furniture and vehicles: +€35,746
- Debts after one year +€28,265
new in 2025: €28,265
- Tax, wage and social debts -€18,481
down €18,481 (-31.3%), from €59,138 to €40,657
of which Taxes: -€10,121
- Current portion of long-term debt +€8,045
up €8,045 (+355.4%), from €2,264 to €10,308
- Other debts -€7,402
down €7,402 (-13.6%), from €54,538 to €47,136
- Gross operating margin -€107,606
down €107,606 (-56.5%), from €190,552 to €82,946
- Staff costs -€64,380
down €64,380 (-51.0%), from €126,181 to €61,800
- Taxes -€18,553
down €18,553 (-88.5%), from €20,960 to €2,407
- Financial income -€15,410
down €15,410 (-78.3%), from €19,686 to €4,276
- Depreciation +€7,900
up €7,900 (+66.7%), from €11,843 to €19,743
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 | €554,059 | €559,825 | +€5,767 | +1.0% |
| Fixed assets | 21/28 | €42,275 | €72,151 | +€29,876 | +70.7% |
| Tangible fixed assets | 22/27 | €40,399 | €70,275 | +€29,876 | +74.0% |
| Plant, machinery and equipment | 23 | €6,205 | €2,977 | -€3,228 | -52.0% |
| Furniture and vehicles | 24 | €13,268 | €49,014 | +€35,746 | +269.4% |
| Other tangible fixed assets | 26 | €20,927 | €18,284 | -€2,643 | -12.6% |
| Financial fixed assets | 28 | €1,876 | €1,876 | = | 0.0% |
| Current assets | 29/58 | €511,783 | €487,674 | -€24,109 | -4.7% |
| Stocks and contracts in progress | 3 | €235,666 | €235,202 | -€464 | -0.2% |
| Stocks | 30/36 | €235,666 | €235,202 | -€464 | -0.2% |
| Amounts receivable within one year | 40/41 | €157,628 | €96,111 | -€61,517 | -39.0% |
| Trade receivables | 40 | €143,982 | €93,147 | -€50,835 | -35.3% |
| Other amounts receivable | 41 | €13,646 | €2,964 | -€10,682 | -78.3% |
| Cash at bank and in hand | 54/58 | €118,441 | €156,360 | +€37,919 | +32.0% |
| Deferred charges and accrued income | 490/1 | €48 | - | -€48 | |
| Total equity and liabilities | 10/49 | €554,059 | €559,825 | +€5,767 | +1.0% |
| Equity | 10/15 | €385,554 | €383,823 | -€1,732 | -0.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €146,133 | €146,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €139,935 | €139,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,448 | €175,717 | -€1,732 | -1.0% |
| Amounts payable | 17/49 | €168,504 | €176,003 | +€7,499 | +4.5% |
| Amounts payable after more than one year | 17 | - | €28,265 | +€28,265 | |
| Financial debts | 170/4 | - | €28,265 | +€28,265 | |
| Amounts payable within one year | 42/48 | €167,658 | €146,890 | -€20,768 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €2,264 | €10,308 | +€8,045 | +355.4% |
| Trade debts | 44 | €50,918 | €48,385 | -€2,533 | -5.0% |
| Suppliers | 440/4 | €50,918 | €48,385 | -€2,533 | -5.0% |
| Advances received on contracts in progress | 46 | €800 | €403 | -€397 | -49.6% |
| Taxes, remuneration and social security | 45 | €59,138 | €40,657 | -€18,481 | -31.3% |
| Taxes | 450/3 | €45,571 | €35,449 | -€10,121 | -22.2% |
| Remuneration and social security | 454/9 | €13,567 | €5,208 | -€8,360 | -61.6% |
| Other amounts payable | 47/48 | €54,538 | €47,136 | -€7,402 | -13.6% |
| Accrued charges and deferred income | 492/3 | €846 | €848 | +€2 | +0.3% |
| Remuneration, social security and pensions | 62 | €126,181 | €61,800 | -€64,380 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,843 | €19,743 | +€7,900 | +66.7% |
| Other operating charges | 640/8 | €4,183 | €3,372 | -€811 | -19.4% |
| Gross operating margin | 9900 | €190,552 | €82,946 | -€107,606 | -56.5% |
| Operating profit (loss) | 9901 | €48,345 | -€1,969 | -€50,315 | |
| Financial income | 75/76B | €19,686 | €4,276 | -€15,410 | -78.3% |
| Recurring financial income | 75 | €19,686 | €4,276 | -€15,410 | -78.3% |
| Financial charges | 65/66B | €1,015 | €1,632 | +€617 | +60.7% |
| Recurring financial charges | 65 | €1,015 | €1,632 | +€617 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €67,017 | €675 | -€66,342 | -99.0% |
| Income taxes | 67/77 | €20,960 | €2,407 | -€18,553 | -88.5% |
| Profit (loss) for the period | 9904 | €46,057 | -€1,732 | -€47,789 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,057 | -€1,732 | -€47,789 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.