PARFEUROP: 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.
PARFEUROP
Largest movements
- Cash +€9,503
up €9,503 (+7.6%), from €125,366 to €134,869
mainly Net result for the year (+€9,202) and Depreciation (+€5,093)
- Receivables within one year -€2,531
no longer reported in 2025 (was €2,531)
of which Other amounts receivable: -€1,813
- Reserves +€9,200
up €9,200 (+32.2%), from €28,565 to €37,765
of which Distributable reserves: +€9,200
- Gross operating margin +€10,776
up €10,776 (+61.2%), from €17,611 to €28,387
- Taxes +€3,107
up €3,107 (+262%), from €1,187 to €4,294
- Depreciation +€777
up €777 (+18.0%), from €4,316 to €5,093
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 | €164,077 | €172,585 | +€8,508 | +5.2% |
| Fixed assets | 21/28 | €36,121 | €37,246 | +€1,125 | +3.1% |
| Tangible fixed assets | 22/27 | €36,121 | €37,246 | +€1,125 | +3.1% |
| Land and buildings | 22 | €36,121 | €37,246 | +€1,125 | +3.1% |
| Current assets | 29/58 | €127,956 | €135,339 | +€7,383 | +5.8% |
| Amounts receivable within one year | 40/41 | €2,531 | - | -€2,531 | |
| Trade receivables | 40 | €718 | - | -€718 | |
| Other amounts receivable | 41 | €1,813 | - | -€1,813 | |
| Cash at bank and in hand | 54/58 | €125,366 | €134,869 | +€9,503 | +7.6% |
| Deferred charges and accrued income | 490/1 | €59 | €470 | +€411 | +695% |
| Total equity and liabilities | 10/49 | €164,077 | €172,585 | +€8,508 | +5.2% |
| Equity | 10/15 | €160,150 | €169,352 | +€9,202 | +5.7% |
| Contributions | 10/11 | €128,037 | €128,037 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Contributions outside capital | 11 | €4,090 | €4,090 | = | 0.0% |
| Share premium | 1100/10 | €4,090 | €4,090 | = | 0.0% |
| Reserves | 13 | €28,565 | €37,765 | +€9,200 | +32.2% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €16,170 | €25,370 | +€9,200 | +56.9% |
| Profit (loss) carried forward | 14 | €3,549 | €3,550 | +€2 | 0.0% |
| Amounts payable | 17/49 | €3,927 | €3,233 | -€694 | -17.7% |
| Amounts payable after more than one year | 17 | - | €1,200 | +€1,200 | |
| Other amounts payable | 178/9 | - | €1,200 | +€1,200 | |
| Amounts payable within one year | 42/48 | €2,400 | €2,033 | -€366 | -15.3% |
| Trade debts | 44 | €660 | - | -€660 | |
| Suppliers | 440/4 | €660 | - | -€660 | |
| Taxes, remuneration and social security | 45 | - | €294 | +€294 | |
| Taxes | 450/3 | - | €294 | +€294 | |
| Other amounts payable | 47/48 | €1,740 | €1,740 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,528 | - | -€1,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,316 | €5,093 | +€777 | +18.0% |
| Other operating charges | 640/8 | €9,453 | €9,618 | +€165 | +1.7% |
| Gross operating margin | 9900 | €17,611 | €28,387 | +€10,776 | +61.2% |
| Operating profit (loss) | 9901 | €3,842 | €13,676 | +€9,834 | +256% |
| Financial charges | 65/66B | €109 | €180 | +€72 | +65.9% |
| Recurring financial charges | 65 | €109 | €180 | +€72 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | €3,733 | €13,496 | +€9,762 | +261% |
| Income taxes | 67/77 | €1,187 | €4,294 | +€3,107 | +262% |
| Profit (loss) for the period | 9904 | €2,546 | €9,202 | +€6,656 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €2,546 | €9,202 | +€6,656 | +261% |
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 23 October 2026 via checked.be.