PARDESI: 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.
PARDESI
Largest movements
- Cash -€14,386
down €14,386 (-99.3%), from €14,491 to €105
mainly Other debts (-€18,921) and Tax, wage and social debts (-€5,294)
- Stocks and contracts -€4,503
down €4,503 (-8.9%), from €50,703 to €46,200
- Receivables within one year +€1,469
up €1,469 (+13.6%), from €10,773 to €12,242
of which Other amounts receivable: +€1,868
- Other debts -€18,921
down €18,921 (-39.2%), from €48,256 to €29,335
- Trade debts +€5,524
up €5,524 (+6.5%), from €85,178 to €90,701
- Tax, wage and social debts -€5,294
down €5,294 (-26.5%), from €19,971 to €14,677
of which Remuneration and social security: -€8,350
- Profit (loss) carried forward +€1,271
up €1,271 (+1.3%), from -€96,598 to -€95,327
- Purchases and services -€13,205
down €13,205 (-14.5%), from €91,324 to €78,119
- Turnover -€10,032
down €10,032 (-11.3%), from €88,714 to €78,682
- Gross operating margin +€4,238
up €4,238, from -€2,610 to €1,627
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 | €76,664 | €59,244 | -€17,420 | -22.7% |
| Fixed assets | 21/28 | €300 | €300 | = | 0.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €76,364 | €58,944 | -€17,420 | -22.8% |
| Stocks and contracts in progress | 3 | €50,703 | €46,200 | -€4,503 | -8.9% |
| Stocks | 30/36 | €50,703 | €46,200 | -€4,503 | -8.9% |
| Amounts receivable within one year | 40/41 | €10,773 | €12,242 | +€1,469 | +13.6% |
| Trade receivables | 40 | €1,050 | €651 | -€399 | -38.0% |
| Other amounts receivable | 41 | €9,723 | €11,591 | +€1,868 | +19.2% |
| Cash at bank and in hand | 54/58 | €14,491 | €105 | -€14,386 | -99.3% |
| Deferred charges and accrued income | 490/1 | €397 | €397 | = | 0.0% |
| Total equity and liabilities | 10/49 | €76,664 | €59,244 | -€17,420 | -22.7% |
| Equity | 10/15 | -€77,974 | -€76,703 | +€1,271 | +1.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32 | €32 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32 | €32 | = | 0.0% |
| Reserves not available under the articles | 1311 | €32 | €32 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,598 | -€95,327 | +€1,271 | +1.3% |
| Amounts payable | 17/49 | €154,638 | €135,946 | -€18,691 | -12.1% |
| Amounts payable within one year | 42/48 | €154,638 | €135,946 | -€18,691 | -12.1% |
| Financial debts | 43 | €1,234 | €1,234 | = | 0.0% |
| Credit institutions | 430/8 | - | €1,234 | +€1,234 | |
| Other loans | 439 | €1,234 | - | -€1,234 | |
| Trade debts | 44 | €85,178 | €90,701 | +€5,524 | +6.5% |
| Suppliers | 440/4 | €85,178 | €90,701 | +€5,524 | +6.5% |
| Taxes, remuneration and social security | 45 | €19,971 | €14,677 | -€5,294 | -26.5% |
| Taxes | 450/3 | €11,621 | €14,677 | +€3,056 | +26.3% |
| Remuneration and social security | 454/9 | €8,350 | - | -€8,350 | |
| Other amounts payable | 47/48 | €48,256 | €29,335 | -€18,921 | -39.2% |
| Turnover | 70 | €88,714 | €78,682 | -€10,032 | -11.3% |
| Non-recurring operating income | 76A | - | €1,064 | +€1,064 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,324 | €78,119 | -€13,205 | -14.5% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€2,610 | €1,627 | +€4,238 | |
| Operating profit (loss) | 9901 | -€2,994 | €1,627 | +€4,622 | |
| Financial charges | 65/66B | €484 | €356 | -€128 | -26.4% |
| Recurring financial charges | 65 | €484 | €356 | -€128 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,479 | €1,271 | +€4,750 | |
| Profit (loss) for the period | 9904 | -€3,479 | €1,271 | +€4,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,479 | €1,271 | +€4,750 |
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 17 October 2026 via checked.be.