PARFA-MANAGEMENT & SERVICES: 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.
PARFA-MANAGEMENT & SERVICES
Largest movements
- Receivables within one year -€117,688
down €117,688 (-96.9%), from €121,415 to €3,727
of which Other amounts receivable: -€114,939
- Cash +€16,089
up €16,089 (+61.8%), from €26,026 to €42,116
mainly Receivables within one year (+€117,688) and Net result for the year (+€13,529)
- Other debts -€105,123
down €105,123 (-68.4%), from €153,603 to €48,480
- Debts after one year -€14,979
down €14,979 (-10.3%), from €144,979 to €130,000
- Profit (loss) carried forward +€13,529
up €13,529 (+15.7%), from €86,108 to €99,637
- Gross operating margin -€33,801
down €33,801 (-57.6%), from €58,705 to €24,904
- Taxes -€8,241
down €8,241 (-62.0%), from €13,283 to €5,041
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 | €537,441 | €435,843 | -€101,598 | -18.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €390,000 | €390,000 | = | 0.0% |
| Financial fixed assets | 28 | €390,000 | €390,000 | = | 0.0% |
| Current assets | 29/58 | €147,441 | €45,843 | -€101,598 | -68.9% |
| Amounts receivable within one year | 40/41 | €121,415 | €3,727 | -€117,688 | -96.9% |
| Trade receivables | 40 | €6,476 | €3,727 | -€2,749 | -42.5% |
| Other amounts receivable | 41 | €114,939 | - | -€114,939 | |
| Cash at bank and in hand | 54/58 | €26,026 | €42,116 | +€16,089 | +61.8% |
| Total equity and liabilities | 10/49 | €537,441 | €435,843 | -€101,598 | -18.9% |
| Equity | 10/15 | €220,352 | €233,882 | +€13,529 | +6.1% |
| Contributions | 10/11 | €134,244 | €134,244 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,108 | €99,637 | +€13,529 | +15.7% |
| Amounts payable | 17/49 | €317,089 | €201,961 | -€115,128 | -36.3% |
| Amounts payable after more than one year | 17 | €144,979 | €130,000 | -€14,979 | -10.3% |
| Financial debts | 170/4 | €144,979 | €130,000 | -€14,979 | -10.3% |
| Amounts payable within one year | 42/48 | €172,110 | €71,961 | -€100,149 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €14,658 | €14,979 | +€321 | +2.2% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Taxes, remuneration and social security | 45 | €3,462 | €8,502 | +€5,040 | +146% |
| Taxes | 450/3 | €3,462 | €8,502 | +€5,040 | +146% |
| Other amounts payable | 47/48 | €153,603 | €48,480 | -€105,123 | -68.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €58,705 | €24,904 | -€33,801 | -57.6% |
| Operating profit (loss) | 9901 | €58,318 | €24,505 | -€33,814 | -58.0% |
| Financial charges | 65/66B | €6,258 | €5,934 | -€324 | -5.2% |
| Recurring financial charges | 65 | €6,258 | €5,934 | -€324 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €52,060 | €18,571 | -€33,489 | -64.3% |
| Income taxes | 67/77 | €13,283 | €5,041 | -€8,241 | -62.0% |
| Profit (loss) for the period | 9904 | €38,777 | €13,529 | -€25,248 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,777 | €13,529 | -€25,248 | -65.1% |
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.