PARELINE: 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.
PARELINE
Largest movements
- Receivables within one year +€15,045
up €15,045 (+49.0%), from €30,689 to €45,734
of which Other amounts receivable: +€14,840
- Cash -€9,875
down €9,875 (-79.6%), from €12,407 to €2,533
mainly Receivables within one year (-€15,045) and Contributions, distributions and other (-€11,638)
- Tangible fixed assets +€7,400
up €7,400 (+203%), from €3,640 to €11,040
of which Furniture and vehicles: +€4,548
- Receivables after one year -€2,317
down €2,317 (-79.6%), from €2,911 to €594
- Deferred charges and accrued income -€957
down €957 (-20.0%), from €4,789 to €3,832
- Tax, wage and social debts +€9,202
up €9,202 (+822%), from €1,119 to €10,322
of which Taxes: +€5,902
- Profit (loss) carried forward +€7,285
no longer reported in 2025 (was -€7,285)
- Trade debts -€5,339
down €5,339 (-39.3%), from €13,577 to €8,237
- Reserves -€2,433
down €2,433 (-6.0%), from €40,825 to €38,392
- Gross operating margin +€21,355
up €21,355 (+415%), from €5,150 to €26,505
- Taxes +€6,537
up €6,537 (+629%), from €1,040 to €7,576
- Write-downs -€5,471
no longer reported in 2025 (was €5,471)
- Depreciation -€3,125
down €3,125 (-58.9%), from €5,305 to €2,180
- Financial income +€657
up €657 (+101%), from €651 to €1,308
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 | €54,436 | €63,732 | +€9,296 | +17.1% |
| Fixed assets | 21/28 | €3,640 | €11,040 | +€7,400 | +203% |
| Tangible fixed assets | 22/27 | €3,640 | €11,040 | +€7,400 | +203% |
| Furniture and vehicles | 24 | €2,089 | €6,637 | +€4,548 | +218% |
| Other tangible fixed assets | 26 | €1,551 | €4,403 | +€2,852 | +184% |
| Current assets | 29/58 | €50,796 | €52,692 | +€1,896 | +3.7% |
| Amounts receivable after more than one year | 29 | €2,911 | €594 | -€2,317 | -79.6% |
| Trade receivables | 290 | €2,911 | €594 | -€2,317 | -79.6% |
| Amounts receivable within one year | 40/41 | €30,689 | €45,734 | +€15,045 | +49.0% |
| Trade receivables | 40 | €14,780 | €14,985 | +€205 | +1.4% |
| Other amounts receivable | 41 | €15,909 | €30,749 | +€14,840 | +93.3% |
| Cash at bank and in hand | 54/58 | €12,407 | €2,533 | -€9,875 | -79.6% |
| Deferred charges and accrued income | 490/1 | €4,789 | €3,832 | -€957 | -20.0% |
| Total equity and liabilities | 10/49 | €54,436 | €63,732 | +€9,296 | +17.1% |
| Equity | 10/15 | €39,740 | €44,592 | +€4,852 | +12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,825 | €38,392 | -€2,433 | -6.0% |
| Distributable reserves | 133 | €40,825 | €38,392 | -€2,433 | -6.0% |
| Profit (loss) carried forward | 14 | -€7,285 | - | +€7,285 | |
| Amounts payable | 17/49 | €14,696 | €19,141 | +€4,445 | +30.2% |
| Amounts payable within one year | 42/48 | €14,696 | €19,141 | +€4,445 | +30.2% |
| Trade debts | 44 | €13,577 | €8,237 | -€5,339 | -39.3% |
| Suppliers | 440/4 | €13,577 | €8,237 | -€5,339 | -39.3% |
| Taxes, remuneration and social security | 45 | €1,119 | €10,322 | +€9,202 | +822% |
| Taxes | 450/3 | €1,119 | €7,022 | +€5,902 | +527% |
| Remuneration and social security | 454/9 | - | €3,300 | +€3,300 | |
| Other amounts payable | 47/48 | - | €582 | +€582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,305 | €2,180 | -€3,125 | -58.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,471 | - | -€5,471 | |
| Other operating charges | 640/8 | €1,005 | €1,358 | +€353 | +35.1% |
| Gross operating margin | 9900 | €5,150 | €26,505 | +€21,355 | +415% |
| Operating profit (loss) | 9901 | -€6,631 | €22,967 | +€29,598 | |
| Financial income | 75/76B | €651 | €1,308 | +€657 | +101% |
| Recurring financial income | 75 | €651 | €1,308 | +€657 | +101% |
| Financial charges | 65/66B | €265 | €209 | -€55 | -20.8% |
| Recurring financial charges | 65 | €265 | €209 | -€55 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,245 | €24,066 | +€30,311 | |
| Income taxes | 67/77 | €1,040 | €7,576 | +€6,537 | +629% |
| Profit (loss) for the period | 9904 | -€7,285 | €16,489 | +€23,774 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,285 | €16,489 | +€23,774 |
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.