Parfibel: 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.
What changed
Parfibel
NACE 70.200, Business and other management consultancy
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€276,763
31-12-2024 · €1.4m-€1.1m
Equity
€24.5m
31-12-2024 · €24.3m+€206,316
Cash
€1.7m
31-12-2024 · €63,259+€1.6m
Balance sheet total
€24.8m
31-12-2024 · €24.4m+€351,960
Largest movements
Assets
- Current investments -€5.6m
down €5.6m (-87.2%), from €6.4m to €813,590
- Financial fixed assets +€3.6m
up €3.6m (+21.5%), from €16.8m to €20.4m
- Cash +€1.6m
up €1.6m (+2,547%), from €63,259 to €1.7m
mainly Current investments (+€5.6m) and Net result for the year (+€276,763)
- Tangible fixed assets +€613,302
up €613,302 (+51.8%), from €1.2m to €1.8m
of which Land and buildings: +€635,831
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€769,259
down €769,259 (-30.9%), from €2.5m to €1.7m
of which Non-recurring financial income: -€2.3m
- Financial charges +€257,934
up €257,934 (+76.9%), from €335,537 to €593,471
of which Financial charges: +€187,934
- Services and other goods +€206,741
up €206,741 (+52.5%), from €393,548 to €600,290
- Other operating charges +€70,494
up €70,494 (+302%), from €23,354 to €93,848
- Turnover +€50,129
up €50,129 (+20.0%), from €250,585 to €300,714
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€1.4m
Turnover
+€50,129
Other operating income
-€1,689
Services and other goods
-€206,741
Staff costs
+€12,441
Depreciation
-€3,442
Other operating charges
-€70,494
Other operating items
+€99,829
Financial income
-€769,259
Financial charges
-€257,934
Taxes
-€599
Result 31-12-2025
€276,763
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€353,489
Investment
+€1.3m
Financing
-€70,447
Cash 31-12-2024
€63,259
From operations (derived)
+€353,489
Net result for the year
+€276,763
Depreciation
+€25,838
Receivables within one year
-€93,670
Smaller working-capital items
+€800
Trade debts
+€143,757
Investment (derived)
+€1.3m
Investment in fixed assets (net)
-€4.2m
Current investments
+€5.6m
Financing
-€70,447
Contributions, distributions and other
-€70,447
Cash 31-12-2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,448,749 | €24,800,709 | +€351,960 | +1.4% |
| Fixed assets | 21/28 | €17,935,524 | €22,148,826 | +€4.2m | +23.5% |
| Tangible fixed assets | 22/27 | €1,183,304 | €1,796,606 | +€613,302 | +51.8% |
| Land and buildings | 22 | €1,013,839 | €1,649,670 | +€635,831 | +62.7% |
| Plant, machinery and equipment | 23 | €164,301 | €145,922 | -€18,379 | -11.2% |
| Furniture and vehicles | 24 | €5,164 | €1,014 | -€4,151 | -80.4% |
| Financial fixed assets | 28 | €16,752,220 | €20,352,220 | +€3.6m | +21.5% |
| Affiliated companies | 280/1 | €16,752,220 | €20,352,220 | +€3.6m | +21.5% |
| Participating interests | 280 | €16,752,220 | €20,352,220 | +€3.6m | +21.5% |
| Current assets | 29/58 | €6,513,225 | €2,651,883 | -€3.9m | -59.3% |
| Amounts receivable within one year | 40/41 | €48,848 | €142,518 | +€93,670 | +192% |
| Trade receivables | 40 | €17,507 | €14,526 | -€2,981 | -17.0% |
| Other amounts receivable | 41 | €31,340 | €127,991 | +€96,651 | +308% |
| Current investments | 50/53 | €6,380,919 | €813,590 | -€5.6m | -87.2% |
| Other investments | 51/53 | €6,380,919 | €813,590 | -€5.6m | -87.2% |
| Cash at bank and in hand | 54/58 | €63,259 | €1,674,490 | +€1.6m | +2,547% |
| Deferred charges and accrued income | 490/1 | €20,199 | €21,285 | +€1,086 | +5.4% |
| Total equity and liabilities | 10/49 | €24,448,749 | €24,800,709 | +€351,960 | +1.4% |
| Equity | 10/15 | €24,310,493 | €24,516,809 | +€206,316 | +0.8% |
| Contributions | 10/11 | €22,957,824 | €22,957,824 | = | 0.0% |
| Capital | 10 | €22,905,000 | €22,905,000 | = | 0.0% |
| Issued capital | 100 | €22,905,000 | €22,905,000 | = | 0.0% |
| Contributions outside capital | 11 | €52,824 | €52,824 | = | 0.0% |
| Share premium | 1100/10 | €52,824 | €52,824 | = | 0.0% |
| Reserves | 13 | €71,035 | €84,875 | +€13,840 | +19.5% |
| Non-distributable reserves | 130/1 | €71,035 | €84,875 | +€13,840 | +19.5% |
| Legal reserve | 130 | €71,035 | €84,875 | +€13,840 | +19.5% |
| Profit (loss) carried forward | 14 | €1,281,634 | €1,474,110 | +€192,476 | +15.0% |
| Amounts payable | 17/49 | €138,256 | €283,900 | +€145,644 | +105% |
| Amounts payable within one year | 42/48 | €138,146 | €283,790 | +€145,644 | +105% |
| Trade debts | 44 | €16,363 | €160,120 | +€143,757 | +879% |
| Suppliers | 440/4 | €16,363 | €160,120 | +€143,757 | +879% |
| Taxes, remuneration and social security | 45 | €53,764 | €53,223 | -€541 | -1.0% |
| Remuneration and social security | 454/9 | €53,764 | €53,223 | -€541 | -1.0% |
| Other amounts payable | 47/48 | €68,019 | €70,447 | +€2,428 | +3.6% |
| Accrued charges and deferred income | 492/3 | €110 | €110 | = | 0.0% |
| Operating income | 70/76A | €257,107 | €405,376 | +€148,268 | +57.7% |
| Turnover | 70 | €250,585 | €300,714 | +€50,129 | +20.0% |
| Other operating income | 74 | €6,522 | €4,833 | -€1,689 | -25.9% |
| Non-recurring operating income | 76A | - | €99,829 | +€99,829 | |
| Operating charges | 60/66A | €967,089 | €1,235,326 | +€268,237 | +27.7% |
| Services and other goods | 61 | €393,548 | €600,290 | +€206,741 | +52.5% |
| Remuneration, social security and pensions | 62 | €527,791 | €515,350 | -€12,441 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,396 | €25,838 | +€3,442 | +15.4% |
| Other operating charges | 640/8 | €23,354 | €93,848 | +€70,494 | +302% |
| Operating profit (loss) | 9901 | -€709,981 | -€829,950 | -€119,969 | -16.9% |
| Financial income | 75/76B | €2,487,404 | €1,718,145 | -€769,259 | -30.9% |
| Recurring financial income | 75 | €217,074 | €1,718,145 | +€1.5m | +692% |
| Income from financial fixed assets | 750 | - | €750,000 | +€750,000 | |
| Income from current assets | 751 | €202,533 | €296,781 | +€94,248 | +46.5% |
| Other financial income | 752/9 | €14,540 | €671,364 | +€656,824 | +4,517% |
| Non-recurring financial income | 76B | €2,270,331 | - | -€2.3m | |
| Financial charges | 65/66B | €335,537 | €593,471 | +€257,934 | +76.9% |
| Recurring financial charges | 65 | €5,537 | €193,471 | +€187,934 | +3,394% |
| Debt charges | 650 | €3,072 | €2,650 | -€422 | -13.7% |
| Other financial charges | 652/9 | €2,465 | €190,821 | +€188,356 | +7,640% |
| Non-recurring financial charges | 66B | €330,000 | €400,000 | +€70,000 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €1,441,886 | €294,724 | -€1.1m | -79.6% |
| Income taxes | 67/77 | €17,362 | €17,961 | +€599 | +3.4% |
| Taxes | 670/3 | €17,362 | €17,961 | +€599 | +3.4% |
| Profit (loss) for the period | 9904 | €1,424,523 | €276,763 | -€1.1m | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,424,523 | €276,763 | -€1.1m | -80.6% |
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 18 October 2026 via checked.be.