Pareteum: 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.
Pareteum
Largest movements
- Receivables within one year -€55,515
down €55,515 (-98.4%), from €56,436 to €921
- Cash +€2,166
new in 2025: €2,166
mainly Receivables within one year (+€55,515) and Tax, wage and social debts (+€4,275)
- Current portion of long-term debt -€44,256
down €44,256 (-2.2%), from €2.1m to €2.0m
- Profit (loss) carried forward -€9,957
down €9,957 (-0.2%), from -€4.6m to -€4.6m
- Tax, wage and social debts +€4,275
up €4,275 (+50.1%), from €8,527 to €12,802
- Trade debts -€3,289
down €3,289 (-4.1%), from €79,473 to €76,184
- Gross operating margin -€231,688
down €231,688, from €224,746 to -€6,942
- Write-downs +€5,293
no longer reported in 2025 (was -€5,293)
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 | €56,436 | €3,087 | -€53,349 | -94.5% |
| Current assets | 29/58 | €56,436 | €3,087 | -€53,349 | -94.5% |
| Amounts receivable within one year | 40/41 | €56,436 | €921 | -€55,515 | -98.4% |
| Trade receivables | 40 | €56,436 | €921 | -€55,515 | -98.4% |
| Cash at bank and in hand | 54/58 | - | €2,166 | +€2,166 | |
| Total equity and liabilities | 10/49 | €56,436 | €3,087 | -€53,349 | -94.5% |
| Equity | 10/15 | -€2,089,204 | -€2,099,161 | -€9,957 | -0.5% |
| Contributions | 10/11 | €2,250,000 | €2,250,000 | = | 0.0% |
| Capital | 10 | €2,250,000 | €2,250,000 | = | 0.0% |
| Issued capital | 100 | €2,250,000 | €2,250,000 | = | 0.0% |
| Reserves | 13 | €225,050 | €225,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €225,050 | €225,050 | = | 0.0% |
| Legal reserve | 130 | €225,050 | €225,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,564,254 | -€4,574,211 | -€9,957 | -0.2% |
| Amounts payable | 17/49 | €2,145,640 | €2,102,248 | -€43,392 | -2.0% |
| Amounts payable within one year | 42/48 | €2,145,640 | €2,102,248 | -€43,392 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €2,057,519 | €2,013,263 | -€44,256 | -2.2% |
| Financial debts | 43 | €121 | - | -€121 | |
| Credit institutions | 430/8 | €121 | - | -€121 | |
| Trade debts | 44 | €79,473 | €76,184 | -€3,289 | -4.1% |
| Suppliers | 440/4 | €79,473 | €76,184 | -€3,289 | -4.1% |
| Taxes, remuneration and social security | 45 | €8,527 | €12,802 | +€4,275 | +50.1% |
| Taxes | 450/3 | €8,527 | €12,802 | +€4,275 | +50.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,293 | - | +€5,293 | |
| Other operating charges | 640/8 | €1,614 | - | -€1,614 | |
| Gross operating margin | 9900 | €224,746 | -€6,942 | -€231,688 | |
| Operating profit (loss) | 9901 | €228,425 | -€6,942 | -€235,367 | |
| Financial charges | 65/66B | €1,939 | €3,015 | +€1,076 | +55.5% |
| Recurring financial charges | 65 | €1,939 | €3,015 | +€1,076 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | €226,486 | -€9,957 | -€236,443 | |
| Profit (loss) for the period | 9904 | €226,486 | -€9,957 | -€236,443 | |
| Profit (loss) for the period to be appropriated | 9905 | €226,486 | -€9,957 | -€236,443 |
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 19 October 2026 via checked.be.