PARFAIT J.: 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.
PARFAIT J.
Largest movements
- Cash +€19,041
up €19,041 (+14.4%), from €132,239 to €151,280
mainly Net result for the year (+€10,661) and Other debts (+€8,767)
- Receivables within one year -€2,022
down €2,022 (-21.8%), from €9,287 to €7,265
of which Trade receivables: -€1,470
- Tangible fixed assets -€1,732
down €1,732 (-26.2%), from €6,599 to €4,867
of which Plant, machinery and equipment: -€2,130
- Reserves +€10,000
up €10,000 (+20.7%), from €48,360 to €58,360
- Other debts +€8,767
up €8,767 (+85.8%), from €10,219 to €18,986
- Tax, wage and social debts -€3,830
down €3,830 (-59.2%), from €6,473 to €2,643
of which Taxes: -€3,230
- Gross operating margin -€6,291
down €6,291 (-27.7%), from €22,710 to €16,419
- Depreciation -€5,419
down €5,419 (-68.9%), from €7,862 to €2,443
- Staff costs -€726
no longer reported in 2025 (was €726)
- Financial income +€415
up €415 (+52.3%), from €793 to €1,207
- Other operating charges -€245
down €245 (-38.0%), from €645 to €400
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 | €148,125 | €163,412 | +€15,287 | +10.3% |
| Fixed assets | 21/28 | €6,599 | €4,867 | -€1,732 | -26.2% |
| Tangible fixed assets | 22/27 | €6,599 | €4,867 | -€1,732 | -26.2% |
| Plant, machinery and equipment | 23 | €6,022 | €3,892 | -€2,130 | -35.4% |
| Furniture and vehicles | 24 | €577 | €975 | +€398 | +68.9% |
| Current assets | 29/58 | €141,526 | €158,545 | +€17,019 | +12.0% |
| Amounts receivable within one year | 40/41 | €9,287 | €7,265 | -€2,022 | -21.8% |
| Trade receivables | 40 | €8,735 | €7,265 | -€1,470 | -16.8% |
| Other amounts receivable | 41 | €552 | - | -€552 | |
| Cash at bank and in hand | 54/58 | €132,239 | €151,280 | +€19,041 | +14.4% |
| Total equity and liabilities | 10/49 | €148,125 | €163,412 | +€15,287 | +10.3% |
| Equity | 10/15 | €131,123 | €141,784 | +€10,661 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,360 | €58,360 | +€10,000 | +20.7% |
| Non-distributable reserves | 130/1 | €48,360 | €58,360 | +€10,000 | +20.7% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €46,500 | €56,500 | +€10,000 | +21.5% |
| Profit (loss) carried forward | 14 | €64,163 | €64,824 | +€661 | +1.0% |
| Amounts payable | 17/49 | €17,002 | €21,629 | +€4,626 | +27.2% |
| Amounts payable within one year | 42/48 | €17,002 | €21,629 | +€4,626 | +27.2% |
| Trade debts | 44 | €310 | - | -€310 | |
| Suppliers | 440/4 | €310 | - | -€310 | |
| Taxes, remuneration and social security | 45 | €6,473 | €2,643 | -€3,830 | -59.2% |
| Taxes | 450/3 | €3,873 | €643 | -€3,230 | -83.4% |
| Remuneration and social security | 454/9 | €2,600 | €2,000 | -€600 | -23.1% |
| Other amounts payable | 47/48 | €10,219 | €18,986 | +€8,767 | +85.8% |
| Remuneration, social security and pensions | 62 | €726 | - | -€726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,862 | €2,443 | -€5,419 | -68.9% |
| Other operating charges | 640/8 | €645 | €400 | -€245 | -38.0% |
| Gross operating margin | 9900 | €22,710 | €16,419 | -€6,291 | -27.7% |
| Operating profit (loss) | 9901 | €13,477 | €13,577 | +€100 | +0.7% |
| Financial income | 75/76B | €793 | €1,207 | +€415 | +52.3% |
| Recurring financial income | 75 | €793 | €1,207 | +€415 | +52.3% |
| Financial charges | 65/66B | €205 | €118 | -€87 | -42.2% |
| Recurring financial charges | 65 | €205 | €118 | -€87 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €14,065 | €14,665 | +€601 | +4.3% |
| Income taxes | 67/77 | €3,834 | €4,005 | +€171 | +4.5% |
| Profit (loss) for the period | 9904 | €10,231 | €10,661 | +€430 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,231 | €10,661 | +€430 | +4.2% |
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 10 October 2026 via checked.be.