PARCIALFINANCE: 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.
PARCIALFINANCE
Largest movements
- Deferred charges and accrued income +€3,020
up €3,020 (+22.6%), from €13,389 to €16,409
- Receivables within one year +€2,146
up €2,146 (+3,308%), from €65 to €2,211
of which Other amounts receivable: +€2,183
- Tangible fixed assets +€1,128
up €1,128 (+989%), from €114 to €1,242
of which Furniture and vehicles: +€1,128
- Profit (loss) carried forward +€13,840
up €13,840 (+53.1%), from -€26,067 to -€12,228
- Tax, wage and social debts -€5,027
down €5,027 (-100%), from €5,027 to €0
of which Remuneration and social security: -€2,789
- Short-term financial debts -€1,532
down €1,532 (-10.4%), from €14,711 to €13,179
- Trade debts -€1,034
down €1,034 (-100%), from €1,034 to €0
- Purchases and services +€172,509
new in 2025: €172,509
- Gross operating margin -€57,217
down €57,217 (-51.6%), from €110,799 to €53,582
- Staff costs +€3,403
up €3,403 (+10.3%), from €33,052 to €36,455
- Financial charges -€1,392
down €1,392 (-50.3%), from €2,769 to €1,377
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 | €15,164 | €21,411 | +€6,247 | +41.2% |
| Fixed assets | 21/28 | €297 | €1,425 | +€1,128 | +380% |
| Tangible fixed assets | 22/27 | €114 | €1,242 | +€1,128 | +989% |
| Land and buildings | 22 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €114 | €1,242 | +€1,128 | +989% |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €14,867 | €19,986 | +€5,119 | +34.4% |
| Amounts receivable within one year | 40/41 | €65 | €2,211 | +€2,146 | +3,308% |
| Trade receivables | 40 | €36 | €0 | -€36 | -100% |
| Other amounts receivable | 41 | €28 | €2,211 | +€2,183 | +7,677% |
| Cash at bank and in hand | 54/58 | €1,413 | €1,366 | -€47 | -3.4% |
| Deferred charges and accrued income | 490/1 | €13,389 | €16,409 | +€3,020 | +22.6% |
| Total equity and liabilities | 10/49 | €15,164 | €21,411 | +€6,247 | +41.2% |
| Equity | 10/15 | -€5,607 | €8,232 | +€13,840 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€26,067 | -€12,228 | +€13,840 | +53.1% |
| Amounts payable | 17/49 | €20,771 | €13,179 | -€7,593 | -36.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €20,771 | €13,179 | -€7,593 | -36.6% |
| Financial debts | 43 | €14,711 | €13,179 | -€1,532 | -10.4% |
| Credit institutions | 430/8 | €14,711 | €13,179 | -€1,532 | -10.4% |
| Trade debts | 44 | €1,034 | €0 | -€1,034 | -100% |
| Suppliers | 440/4 | €1,034 | €0 | -€1,034 | -100% |
| Taxes, remuneration and social security | 45 | €5,027 | €0 | -€5,027 | -100% |
| Taxes | 450/3 | €2,237 | €0 | -€2,237 | -100% |
| Remuneration and social security | 454/9 | €2,789 | €0 | -€2,789 | -100% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €172,509 | +€172,509 | |
| Remuneration, social security and pensions | 62 | €33,052 | €36,455 | +€3,403 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193 | €587 | +€395 | +205% |
| Other operating charges | 640/8 | €1,334 | €1,325 | -€9 | -0.7% |
| Gross operating margin | 9900 | €110,799 | €53,582 | -€57,217 | -51.6% |
| Operating profit (loss) | 9901 | €76,220 | €15,215 | -€61,005 | -80.0% |
| Financial income | 75/76B | €0 | €2 | +€2 | +570% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +570% |
| Financial charges | 65/66B | €2,769 | €1,377 | -€1,392 | -50.3% |
| Recurring financial charges | 65 | €2,769 | €1,377 | -€1,392 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €73,451 | €13,840 | -€59,612 | -81.2% |
| Profit (loss) for the period | 9904 | €73,451 | €13,840 | -€59,612 | -81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,451 | €13,840 | -€59,612 | -81.2% |
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 30 October 2026 via checked.be.