ParEnGa: 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.
ParEnGa
Largest movements
- Receivables after one year -€60,000
down €60,000 (-17.7%), from €338,049 to €278,049
- Profit (loss) carried forward -€59,634
down €59,634 (-425%), from -€14,033 to -€73,667
- Other debts -€13,012
down €13,012 (-56.5%), from €23,030 to €10,018
- Gross operating margin -€24,020
down €24,020 (-89.4%), from -€26,873 to -€50,893
- Financial income -€9,262
no longer reported in 2025 (was €9,262)
- Depreciation +€2,812
up €2,812 (+78.0%), from €3,605 to €6,416
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 | €956,128 | €881,995 | -€74,134 | -7.8% |
| Fixed assets | 21/28 | €605,047 | €598,631 | -€6,416 | -1.1% |
| Tangible fixed assets | 22/27 | €55,047 | €48,631 | -€6,416 | -11.7% |
| Other tangible fixed assets | 26 | €55,047 | €48,631 | -€6,416 | -11.7% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €351,081 | €283,364 | -€67,717 | -19.3% |
| Amounts receivable after more than one year | 29 | €338,049 | €278,049 | -€60,000 | -17.7% |
| Other amounts receivable | 291 | €338,049 | €278,049 | -€60,000 | -17.7% |
| Amounts receivable within one year | 40/41 | €12,478 | €4,085 | -€8,393 | -67.3% |
| Trade receivables | 40 | €5,250 | - | -€5,250 | |
| Other amounts receivable | 41 | €7,228 | €4,085 | -€3,143 | -43.5% |
| Cash at bank and in hand | 54/58 | €554 | €1,230 | +€676 | +122% |
| Total equity and liabilities | 10/49 | €956,128 | €881,995 | -€74,134 | -7.8% |
| Equity | 10/15 | €52,667 | -€6,967 | -€59,634 | |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €48,000 | €48,000 | = | 0.0% |
| Distributable reserves | 133 | €48,000 | €48,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,033 | -€73,667 | -€59,634 | -425% |
| Amounts payable | 17/49 | €903,461 | €888,961 | -€14,500 | -1.6% |
| Amounts payable after more than one year | 17 | €872,000 | €872,000 | = | 0.0% |
| Other amounts payable | 178/9 | €872,000 | €872,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,461 | €16,961 | -€14,500 | -46.1% |
| Trade debts | 44 | €7,383 | €6,042 | -€1,341 | -18.2% |
| Suppliers | 440/4 | €7,383 | €6,042 | -€1,341 | -18.2% |
| Taxes, remuneration and social security | 45 | €1,048 | €901 | -€147 | -14.0% |
| Taxes | 450/3 | €1,048 | €901 | -€147 | -14.0% |
| Other amounts payable | 47/48 | €23,030 | €10,018 | -€13,012 | -56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,605 | €6,416 | +€2,812 | +78.0% |
| Other operating charges | 640/8 | €629 | €1,133 | +€505 | +80.3% |
| Gross operating margin | 9900 | -€26,873 | -€50,893 | -€24,020 | -89.4% |
| Operating profit (loss) | 9901 | -€31,106 | -€58,443 | -€27,337 | -87.9% |
| Financial income | 75/76B | €9,262 | - | -€9,262 | |
| Recurring financial income | 75 | €9,262 | - | -€9,262 | |
| Financial charges | 65/66B | €1,062 | €1,050 | -€12 | -1.2% |
| Recurring financial charges | 65 | €1,062 | €1,050 | -€12 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,906 | -€59,493 | -€36,587 | -160% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€23,046 | -€59,634 | -€36,588 | -159% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,046 | -€59,634 | -€36,588 | -159% |
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 15 October 2026 via checked.be.