PARFIGES: 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.
PARFIGES
Largest movements
- Tangible fixed assets -€36,593
down €36,593 (-5.2%), from €699,203 to €662,610
of which Land and buildings: -€33,567
- Stocks and contracts -€22,984
down €22,984 (-59.2%), from €38,847 to €15,863
- Receivables within one year +€9,355
up €9,355 (+8.9%), from €105,097 to €114,452
of which Other amounts receivable: +€15,381
- Other debts -€239,125
down €239,125 (-78.8%), from €303,291 to €64,166
- Debts after one year +€200,000
new in 2025: €200,000
- Profit (loss) carried forward -€32,243
down €32,243 (-58.7%), from -€54,945 to -€87,188
- Trade debts +€18,431
up €18,431 (+78.2%), from €23,555 to €41,986
- Gross operating margin +€46,151
up €46,151, from -€17,482 to €28,669
- Depreciation +€5,515
up €5,515 (+13.2%), from €41,634 to €47,149
- Financial income +€4,615
up €4,615 (+153824.3%), from €3 to €4,618
- Financial charges +€3,479
up €3,479 (+662.8%), from €525 to €4,004
- Other operating charges -€2,399
down €2,399 (-74.9%), from €3,203 to €804
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 | €852,024 | €800,821 | -€51,203 | -6.0% |
| Fixed assets | 21/28 | €699,203 | €662,610 | -€36,593 | -5.2% |
| Tangible fixed assets | 22/27 | €699,203 | €662,610 | -€36,593 | -5.2% |
| Land and buildings | 22 | €634,803 | €601,236 | -€33,567 | -5.3% |
| Furniture and vehicles | 24 | €40,672 | €37,647 | -€3,025 | -7.4% |
| Other tangible fixed assets | 26 | €23,728 | €23,728 | = | 0.0% |
| Current assets | 29/58 | €152,822 | €138,211 | -€14,611 | -9.6% |
| Stocks and contracts in progress | 3 | €38,847 | €15,863 | -€22,984 | -59.2% |
| Stocks | 30/36 | €38,847 | €15,863 | -€22,984 | -59.2% |
| Amounts receivable within one year | 40/41 | €105,097 | €114,452 | +€9,355 | +8.9% |
| Trade receivables | 40 | €99,876 | €93,850 | -€6,026 | -6.0% |
| Other amounts receivable | 41 | €5,221 | €20,602 | +€15,381 | +294.6% |
| Cash at bank and in hand | 54/58 | €4,421 | €7,147 | +€2,727 | +61.7% |
| Deferred charges and accrued income | 490/1 | €4,457 | €749 | -€3,708 | -83.2% |
| Total equity and liabilities | 10/49 | €852,024 | €800,821 | -€51,203 | -6.0% |
| Equity | 10/15 | €503,280 | €471,037 | -€32,243 | -6.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €496,225 | €496,225 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €490,025 | €490,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,945 | -€87,188 | -€32,243 | -58.7% |
| Amounts payable | 17/49 | €348,744 | €329,784 | -€18,960 | -5.4% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Financial debts | 170/4 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €328,804 | €106,639 | -€222,166 | -67.6% |
| Financial debts | 43 | €238 | €0 | -€238 | -100.0% |
| Credit institutions | 430/8 | €238 | €0 | -€238 | -100.0% |
| Trade debts | 44 | €23,555 | €41,986 | +€18,431 | +78.2% |
| Suppliers | 440/4 | €23,555 | €41,986 | +€18,431 | +78.2% |
| Taxes, remuneration and social security | 45 | €1,720 | €487 | -€1,233 | -71.7% |
| Taxes | 450/3 | €1,720 | €487 | -€1,233 | -71.7% |
| Other amounts payable | 47/48 | €303,291 | €64,166 | -€239,125 | -78.8% |
| Accrued charges and deferred income | 492/3 | €19,940 | €23,145 | +€3,205 | +16.1% |
| Non-recurring operating income | 76A | €2,740 | €10 | -€2,729 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,634 | €47,149 | +€5,515 | +13.2% |
| Other operating charges | 640/8 | €3,203 | €804 | -€2,399 | -74.9% |
| Non-recurring operating charges | 66A | €10,189 | €13,573 | +€3,383 | +33.2% |
| Gross operating margin | 9900 | -€17,482 | €28,669 | +€46,151 | |
| Operating profit (loss) | 9901 | -€72,508 | -€32,857 | +€39,652 | +54.7% |
| Financial income | 75/76B | €3 | €4,618 | +€4,615 | +153824.3% |
| Recurring financial income | 75 | €3 | €4,618 | +€4,615 | +153824.3% |
| Financial charges | 65/66B | €525 | €4,004 | +€3,479 | +662.8% |
| Recurring financial charges | 65 | €525 | €4,004 | +€3,479 | +662.8% |
| Profit (loss) for the period before taxes | 9903 | -€73,030 | -€32,243 | +€40,787 | +55.8% |
| Income taxes | 67/77 | €487 | €0 | -€487 | -100.0% |
| Profit (loss) for the period | 9904 | -€73,518 | -€32,243 | +€41,275 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,518 | -€32,243 | +€41,275 | +56.1% |
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 3 October 2026 via checked.be.