PARCOURS: 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.
PARCOURS
Largest movements
- Cash -€17,543
down €17,543 (-68.3%), from €25,679 to €8,135
mainly Investment in fixed assets (net) (-€12,093) and Contributions, distributions and other (-€12,000)
- Tangible fixed assets +€6,173
up €6,173 (+53.2%), from €11,601 to €17,774
of which Furniture and vehicles: +€3,910
- Deferred charges and accrued income -€1,409
down €1,409 (-93.6%), from €1,504 to €96
- Receivables within one year -€1,298
down €1,298 (-46.9%), from €2,769 to €1,471
- Profit (loss) carried forward -€9,112
down €9,112 (-72.2%), from €12,629 to €3,516
- Trade debts -€6,228
down €6,228 (-81.9%), from €7,605 to €1,377
- Tax, wage and social debts +€4,472
up €4,472 (+127.3%), from €3,514 to €7,986
of which Taxes: +€5,472
- Other debts -€2,624
down €2,624 (-19.2%), from €13,636 to €11,012
- Accrued charges and deferred income -€585
down €585 (-50.0%), from €1,170 to €585
- Gross operating margin -€4,144
down €4,144 (-25.6%), from €16,204 to €12,059
- Depreciation +€2,347
up €2,347 (+65.7%), from €3,573 to €5,920
- Taxes -€1,168
down €1,168 (-46.6%), from €2,505 to €1,337
- Other operating charges -€324
down €324 (-39.3%), from €823 to €499
- Financial charges +€288
up €288 (+23.7%), from €1,213 to €1,501
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 | €41,553 | €27,477 | -€14,077 | -33.9% |
| Fixed assets | 21/28 | €11,601 | €17,774 | +€6,173 | +53.2% |
| Tangible fixed assets | 22/27 | €11,601 | €17,774 | +€6,173 | +53.2% |
| Plant, machinery and equipment | 23 | €1,205 | €688 | -€516 | -42.9% |
| Furniture and vehicles | 24 | €7,222 | €11,132 | +€3,910 | +54.1% |
| Other tangible fixed assets | 26 | €3,174 | €5,954 | +€2,780 | +87.6% |
| Current assets | 29/58 | €29,952 | €9,702 | -€20,250 | -67.6% |
| Amounts receivable within one year | 40/41 | €2,769 | €1,471 | -€1,298 | -46.9% |
| Trade receivables | 40 | €2,769 | €1,471 | -€1,298 | -46.9% |
| Cash at bank and in hand | 54/58 | €25,679 | €8,135 | -€17,543 | -68.3% |
| Deferred charges and accrued income | 490/1 | €1,504 | €96 | -€1,409 | -93.6% |
| Total equity and liabilities | 10/49 | €41,553 | €27,477 | -€14,077 | -33.9% |
| Equity | 10/15 | €15,629 | €6,516 | -€9,112 | -58.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,629 | €3,516 | -€9,112 | -72.2% |
| Amounts payable | 17/49 | €25,925 | €20,960 | -€4,965 | -19.1% |
| Amounts payable within one year | 42/48 | €24,755 | €20,375 | -€4,380 | -17.7% |
| Trade debts | 44 | €7,605 | €1,377 | -€6,228 | -81.9% |
| Suppliers | 440/4 | €7,605 | €1,377 | -€6,228 | -81.9% |
| Taxes, remuneration and social security | 45 | €3,514 | €7,986 | +€4,472 | +127.3% |
| Taxes | 450/3 | €2,514 | €7,986 | +€5,472 | +217.6% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €13,636 | €11,012 | -€2,624 | -19.2% |
| Accrued charges and deferred income | 492/3 | €1,170 | €585 | -€585 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,573 | €5,920 | +€2,347 | +65.7% |
| Other operating charges | 640/8 | €823 | €499 | -€324 | -39.3% |
| Gross operating margin | 9900 | €16,204 | €12,059 | -€4,144 | -25.6% |
| Operating profit (loss) | 9901 | €11,808 | €5,640 | -€6,168 | -52.2% |
| Financial income | 75/76B | €9 | €86 | +€77 | +851.9% |
| Recurring financial income | 75 | €9 | €86 | +€77 | +851.9% |
| Financial charges | 65/66B | €1,213 | €1,501 | +€288 | +23.7% |
| Recurring financial charges | 65 | €1,213 | €1,501 | +€288 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €10,603 | €4,225 | -€6,379 | -60.2% |
| Income taxes | 67/77 | €2,505 | €1,337 | -€1,168 | -46.6% |
| Profit (loss) for the period | 9904 | €8,099 | €2,888 | -€5,211 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,099 | €2,888 | -€5,211 | -64.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.