PARENT: 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.
What changed
PARENT
NACE 71.113, Urban planning and landscape architecture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€27,944
2024 · €200,417-€172,473
Equity
€93,862
2024 · €66,532+€27,329
Cash
€7,228
2024 · €9,659-€2,431
Balance sheet total
€615,901
2024 · €588,736+€27,165
Largest movements
Assets
- Receivables within one year +€38,293
up €38,293 (+29.7%), from €128,799 to €167,092
of which Trade receivables: +€58,140
- Tangible fixed assets -€18,433
down €18,433 (-6.6%), from €281,228 to €262,795
of which Leasing and similar rights: -€16,286
- Stocks and contracts +€11,579
up €11,579 (+8.0%), from €144,075 to €155,654
Equity and liabilities
- Reserves +€75,968
new in 2025: €75,968
- Other debts -€68,172
down €68,172 (-48.5%), from €140,518 to €72,346
- Advances received +€48,543
up €48,543 (+42.3%), from €114,848 to €163,391
- Profit (loss) carried forward -€48,024
no longer reported in 2025 (was €48,024)
- Trade debts +€43,541
up €43,541 (+62.3%), from €69,895 to €113,436
Income statement
- Gross operating margin -€263,681
down €263,681 (-28.4%), from €927,421 to €663,739
- Staff costs -€51,595
down €51,595 (-8.4%), from €617,013 to €565,418
- Taxes -€31,545
down €31,545 (-66.7%), from €47,270 to €15,725
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.
Result 2024
€200,417
Gross operating margin
-€263,681
Staff costs
+€51,595
Depreciation
+€2,736
Other operating charges
+€4,964
Financial income
-€890
Financial charges
+€1,258
Taxes
+€31,545
Result 2025
€27,944
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.
From operations
+€50,330
Investment
-€24,265
Financing
-€28,496
Cash 2024
€9,659
From operations (derived)
+€50,330
Net result for the year
+€27,944
Depreciation
+€42,698
Stocks and contracts
-€11,579
Receivables within one year
-€38,293
Deferred charges and accrued income
+€1,843
Trade debts
+€43,541
Tax, wage and social debts
+€3,476
Advances received
+€48,543
Other debts
-€68,172
Accrued charges and deferred income
+€329
Investment (derived)
-€24,265
Investment in fixed assets (net)
-€24,265
Financing
-€28,496
Debts after one year
-€21,563
Current portion of long-term debt
-€8,381
Short-term financial debts
+€2,062
Contributions, distributions and other
-€614
Cash 2025
€7,228
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €588,736 | €615,901 | +€27,165 | +4.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €285,028 | €266,595 | -€18,433 | -6.5% |
| Tangible fixed assets | 22/27 | €281,228 | €262,795 | -€18,433 | -6.6% |
| Land and buildings | 22 | €189,193 | €178,819 | -€10,374 | -5.5% |
| Plant, machinery and equipment | 23 | €35,514 | €33,569 | -€1,945 | -5.5% |
| Furniture and vehicles | 24 | €3,592 | €13,764 | +€10,172 | +283.2% |
| Leasing and similar rights | 25 | €52,929 | €36,643 | -€16,286 | -30.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €3,800 | €3,800 | = | 0.0% |
| Current assets | 29/58 | €303,708 | €349,306 | +€45,598 | +15.0% |
| Stocks and contracts in progress | 3 | €144,075 | €155,654 | +€11,579 | +8.0% |
| Stocks | 30/36 | €144,075 | €155,654 | +€11,579 | +8.0% |
| Amounts receivable within one year | 40/41 | €128,799 | €167,092 | +€38,293 | +29.7% |
| Trade receivables | 40 | €93,343 | €151,483 | +€58,140 | +62.3% |
| Other amounts receivable | 41 | €35,455 | €15,608 | -€19,847 | -56.0% |
| Cash at bank and in hand | 54/58 | €9,659 | €7,228 | -€2,431 | -25.2% |
| Deferred charges and accrued income | 490/1 | €21,175 | €19,332 | -€1,843 | -8.7% |
| Total equity and liabilities | 10/49 | €588,736 | €615,901 | +€27,165 | +4.6% |
| Equity | 10/15 | €66,532 | €93,862 | +€27,329 | +41.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | - | €75,968 | +€75,968 | |
| Distributable reserves | 133 | - | €75,968 | +€75,968 | |
| Profit (loss) carried forward | 14 | €48,024 | - | -€48,024 | |
| Investment grants | 15 | €10,448 | €9,834 | -€614 | -5.9% |
| Amounts payable | 17/49 | €522,204 | €522,039 | -€165 | 0.0% |
| Amounts payable after more than one year | 17 | €21,563 | - | -€21,563 | |
| Financial debts | 170/4 | €21,563 | - | -€21,563 | |
| Amounts payable within one year | 42/48 | €500,387 | €521,457 | +€21,070 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €29,944 | €21,563 | -€8,381 | -28.0% |
| Financial debts | 43 | €24,579 | €26,641 | +€2,062 | +8.4% |
| Credit institutions | 430/8 | €24,579 | €26,641 | +€2,062 | +8.4% |
| Trade debts | 44 | €69,895 | €113,436 | +€43,541 | +62.3% |
| Suppliers | 440/4 | €69,895 | €113,436 | +€43,541 | +62.3% |
| Advances received on contracts in progress | 46 | €114,848 | €163,391 | +€48,543 | +42.3% |
| Taxes, remuneration and social security | 45 | €120,604 | €124,080 | +€3,476 | +2.9% |
| Taxes | 450/3 | €57,020 | €60,642 | +€3,622 | +6.4% |
| Remuneration and social security | 454/9 | €63,584 | €63,439 | -€146 | -0.2% |
| Other amounts payable | 47/48 | €140,518 | €72,346 | -€68,172 | -48.5% |
| Accrued charges and deferred income | 492/3 | €253 | €582 | +€329 | +129.8% |
| Non-recurring operating income | 76A | €1,158 | €14,133 | +€12,975 | +1120.1% |
| Remuneration, social security and pensions | 62 | €617,013 | €565,418 | -€51,595 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,434 | €42,698 | -€2,736 | -6.0% |
| Other operating charges | 640/8 | €11,534 | €6,569 | -€4,964 | -43.0% |
| Gross operating margin | 9900 | €927,421 | €663,739 | -€263,681 | -28.4% |
| Operating profit (loss) | 9901 | €253,439 | €49,053 | -€204,386 | -80.6% |
| Financial income | 75/76B | €2,459 | €1,569 | -€890 | -36.2% |
| Recurring financial income | 75 | €2,459 | €1,569 | -€890 | -36.2% |
| Financial charges | 65/66B | €8,211 | €6,953 | -€1,258 | -15.3% |
| Recurring financial charges | 65 | €8,211 | €6,953 | -€1,258 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €247,687 | €43,669 | -€204,018 | -82.4% |
| Income taxes | 67/77 | €47,270 | €15,725 | -€31,545 | -66.7% |
| Profit (loss) for the period | 9904 | €200,417 | €27,944 | -€172,473 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €200,417 | €27,944 | -€172,473 | -86.1% |
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 30 September 2026 via checked.be.