PARCOLYS: 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.
PARCOLYS
Largest movements
- Tangible fixed assets +€3.9m
up €3.9m (+270.6%), from €1.5m to €5.4m
of which Assets under construction and advance payments: +€3.8m
- Current investments -€1.1m
down €1.1m (-60.0%), from €1.8m to €700,000
- Cash -€121,034
down €121,034 (-72.7%), from €166,559 to €45,525
mainly Investment in fixed assets (net) (-€4.0m)
- Debts after one year +€1.1m
up €1.1m (+417.1%), from €269,743 to €1.4m
- Trade debts +€997,932
up €997,932 (+3893.8%), from €25,629 to €1.0m
- Reserves +€598,977
up €598,977 (+25.4%), from €2.4m to €3.0m
of which Tax-exempt reserves: +€598,977
- Provisions +€199,659
up €199,659 (+28.7%), from €695,492 to €895,151
- Profit (loss) carried forward -€184,809
down €184,809 (-110.1%), from -€167,804 to -€352,613
- Gross operating margin -€179,489
down €179,489 (-22.1%), from €810,718 to €631,228
- Other operating charges +€29,450
up €29,450 (+415.1%), from €7,094 to €36,544
- Financial charges +€13,929
up €13,929 (+304.3%), from €4,577 to €18,506
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 | €3,445,999 | €6,187,306 | +€2.7m | +79.6% |
| Fixed assets | 21/28 | €1,458,325 | €5,404,437 | +€3.9m | +270.6% |
| Tangible fixed assets | 22/27 | €1,458,325 | €5,404,437 | +€3.9m | +270.6% |
| Land and buildings | 22 | €940,341 | €940,341 | = | 0.0% |
| Furniture and vehicles | 24 | - | €101,782 | +€101,782 | |
| Assets under construction and advance payments | 27 | €517,984 | €4,362,314 | +€3.8m | +742.2% |
| Current assets | 29/58 | €1,987,674 | €782,869 | -€1.2m | -60.6% |
| Amounts receivable within one year | 40/41 | €54,624 | €25,088 | -€29,536 | -54.1% |
| Trade receivables | 40 | €33,880 | €0 | -€33,880 | -100.0% |
| Other amounts receivable | 41 | €20,744 | €25,088 | +€4,344 | +20.9% |
| Current investments | 50/53 | €1,750,000 | €700,000 | -€1.1m | -60.0% |
| Cash at bank and in hand | 54/58 | €166,559 | €45,525 | -€121,034 | -72.7% |
| Deferred charges and accrued income | 490/1 | €16,491 | €12,256 | -€4,235 | -25.7% |
| Total equity and liabilities | 10/49 | €3,445,999 | €6,187,306 | +€2.7m | +79.6% |
| Equity | 10/15 | €2,263,970 | €2,678,138 | +€414,168 | +18.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €2,356,774 | €2,955,751 | +€598,977 | +25.4% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,086,475 | €2,685,452 | +€598,977 | +28.7% |
| Distributable reserves | 133 | €262,799 | €262,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,804 | -€352,613 | -€184,809 | -110.1% |
| Provisions and deferred taxes | 16 | €695,492 | €895,151 | +€199,659 | +28.7% |
| Deferred taxes | 168 | €695,492 | €895,151 | +€199,659 | +28.7% |
| Amounts payable | 17/49 | €486,538 | €2,614,017 | +€2.1m | +437.3% |
| Amounts payable after more than one year | 17 | €269,743 | €1,394,875 | +€1.1m | +417.1% |
| Financial debts | 170/4 | €269,743 | €1,394,875 | +€1.1m | +417.1% |
| Amounts payable within one year | 42/48 | €212,509 | €1,215,077 | +€1.0m | +471.8% |
| Current portion of amounts payable after more than one year | 42 | €52,208 | €52,208 | = | 0.0% |
| Trade debts | 44 | €25,629 | €1,023,561 | +€997,932 | +3893.8% |
| Suppliers | 440/4 | €25,629 | €1,023,561 | +€997,932 | +3893.8% |
| Taxes, remuneration and social security | 45 | €2,560 | €2,560 | = | 0.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €2,560 | €2,560 | = | 0.0% |
| Other amounts payable | 47/48 | €132,112 | €136,748 | +€4,636 | +3.5% |
| Accrued charges and deferred income | 492/3 | €4,286 | €4,065 | -€221 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,613 | +€7,613 | |
| Other operating charges | 640/8 | €7,094 | €36,544 | +€29,450 | +415.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €810,718 | €631,228 | -€179,489 | -22.1% |
| Operating profit (loss) | 9901 | €803,624 | €587,072 | -€216,552 | -26.9% |
| Financial income | 75/76B | €46,707 | €45,420 | -€1,287 | -2.8% |
| Recurring financial income | 75 | €46,707 | €45,420 | -€1,287 | -2.8% |
| Financial charges | 65/66B | €4,577 | €18,506 | +€13,929 | +304.3% |
| Recurring financial charges | 65 | €4,577 | €18,506 | +€13,929 | +304.3% |
| Profit (loss) for the period before taxes | 9903 | €845,753 | €613,985 | -€231,768 | -27.4% |
| Transfer to deferred taxes | 680 | €221,046 | €199,659 | -€21,387 | -9.7% |
| Income taxes | 67/77 | €156 | €158 | +€1 | +0.9% |
| Profit (loss) for the period | 9904 | €624,550 | €414,168 | -€210,382 | -33.7% |
| Transfer to tax-exempt reserves | 689 | €663,139 | €598,977 | -€64,162 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,588 | -€184,809 | -€146,220 | -378.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.