PARFAIT: 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.
PARFAIT
Largest movements
- Tangible fixed assets -€4,772
down €4,772 (-11.2%), from €42,647 to €37,875
of which Land and buildings: -€4,669
- Receivables within one year +€2,908
up €2,908 (+108.2%), from €2,688 to €5,597
of which Other amounts receivable: +€3,357
- Cash -€2,658
down €2,658 (-9.5%), from €27,864 to €25,206
mainly Contributions, distributions and other (-€8,882) and Investment in fixed assets (net) (-€5,830)
- Reserves -€3,566
down €3,566 (-4.9%), from €72,251 to €68,686
of which Distributable reserves: -€3,566
- Other operating charges +€15,433
up €15,433 (+637.1%), from €2,422 to €17,856
- Financial income +€5,999
up €5,999 (+225.7%), from €2,658 to €8,656
- Gross operating margin +€1,878
up €1,878 (+7.3%), from €25,760 to €27,639
- Taxes -€1,557
down €1,557 (-38.6%), from €4,038 to €2,481
- Depreciation -€807
down €807 (-7.1%), from €11,409 to €10,602
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,188 | €131,914 | -€4,275 | -3.1% |
| Fixed assets | 21/28 | €42,659 | €37,887 | -€4,772 | -11.2% |
| Tangible fixed assets | 22/27 | €42,647 | €37,875 | -€4,772 | -11.2% |
| Land and buildings | 22 | €42,544 | €37,875 | -€4,669 | -11.0% |
| Plant, machinery and equipment | 23 | €103 | €0 | -€103 | -100.0% |
| Financial fixed assets | 28 | €12 | €12 | = | 0.0% |
| Current assets | 29/58 | €93,529 | €94,026 | +€497 | +0.5% |
| Amounts receivable within one year | 40/41 | €2,688 | €5,597 | +€2,908 | +108.2% |
| Trade receivables | 40 | €929 | €481 | -€448 | -48.3% |
| Other amounts receivable | 41 | €1,759 | €5,116 | +€3,357 | +190.8% |
| Current investments | 50/53 | €62,403 | €62,403 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,864 | €25,206 | -€2,658 | -9.5% |
| Deferred charges and accrued income | 490/1 | €574 | €820 | +€246 | +42.9% |
| Total equity and liabilities | 10/49 | €136,188 | €131,914 | -€4,275 | -3.1% |
| Equity | 10/15 | €134,225 | €130,659 | -€3,566 | -2.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €72,251 | €68,686 | -€3,566 | -4.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €66,054 | €62,488 | -€3,566 | -5.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,964 | €1,255 | -€709 | -36.1% |
| Amounts payable within one year | 42/48 | €1,964 | €370 | -€1,593 | -81.1% |
| Trade debts | 44 | €1,647 | €370 | -€1,277 | -77.5% |
| Suppliers | 440/4 | €1,647 | €370 | -€1,277 | -77.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €317 | €0 | -€317 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €884 | +€884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,409 | €10,602 | -€807 | -7.1% |
| Other operating charges | 640/8 | €2,422 | €17,856 | +€15,433 | +637.1% |
| Gross operating margin | 9900 | €25,760 | €27,639 | +€1,878 | +7.3% |
| Operating profit (loss) | 9901 | €11,929 | -€819 | -€12,748 | |
| Financial income | 75/76B | €2,658 | €8,656 | +€5,999 | +225.7% |
| Recurring financial income | 75 | €2,658 | €8,656 | +€5,999 | +225.7% |
| Financial charges | 65/66B | €38 | €40 | +€3 | +6.8% |
| Recurring financial charges | 65 | €38 | €40 | +€3 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €14,549 | €7,797 | -€6,752 | -46.4% |
| Income taxes | 67/77 | €4,038 | €2,481 | -€1,557 | -38.6% |
| Profit (loss) for the period | 9904 | €10,511 | €5,316 | -€5,195 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,511 | €5,316 | -€5,195 | -49.4% |
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 5 October 2026 via checked.be.