PARFINANS: 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.
PARFINANS
Largest movements
- Cash -€50,838
down €50,838 (-85.7%), from €59,306 to €8,468
mainly Current investments (-€50,392) and Receivables within one year (-€9,247)
- Current investments +€50,392
new in 2025: €50,392
- Receivables within one year +€9,247
up €9,247 (+136%), from €6,814 to €16,061
of which Trade receivables: +€9,502
- Tangible fixed assets +€1,035
up €1,035 (+176%), from €589 to €1,625
of which Plant, machinery and equipment: +€1,238
- Profit (loss) carried forward +€7,108
up €7,108 (+31.5%), from -€22,582 to -€15,474
- Trade debts +€1,921
new in 2025: €1,921
- Gross operating margin +€6,378
up €6,378 (+156%), from €4,087 to €10,464
- Taxes +€2,212
up €2,212 (+187%), from €1,186 to €3,398
- Depreciation +€296
up €296 (+172%), from €172 to €468
- Financial charges +€179
up €179 (+102%), from €176 to €354
- Financial income -€135
down €135 (-9.3%), from €1,462 to €1,326
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 | €66,983 | €76,980 | +€9,996 | +14.9% |
| Fixed assets | 21/28 | €589 | €1,625 | +€1,035 | +176% |
| Tangible fixed assets | 22/27 | €589 | €1,625 | +€1,035 | +176% |
| Plant, machinery and equipment | 23 | - | €1,238 | +€1,238 | |
| Furniture and vehicles | 24 | €589 | €387 | -€203 | -34.4% |
| Current assets | 29/58 | €66,394 | €75,355 | +€8,961 | +13.5% |
| Amounts receivable within one year | 40/41 | €6,814 | €16,061 | +€9,247 | +136% |
| Trade receivables | 40 | €2,773 | €12,275 | +€9,502 | +343% |
| Other amounts receivable | 41 | €4,042 | €3,786 | -€255 | -6.3% |
| Current investments | 50/53 | - | €50,392 | +€50,392 | |
| Cash at bank and in hand | 54/58 | €59,306 | €8,468 | -€50,838 | -85.7% |
| Deferred charges and accrued income | 490/1 | €275 | €434 | +€160 | +58.1% |
| Total equity and liabilities | 10/49 | €66,983 | €76,980 | +€9,996 | +14.9% |
| Equity | 10/15 | €57,418 | €64,526 | +€7,108 | +12.4% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,582 | -€15,474 | +€7,108 | +31.5% |
| Amounts payable | 17/49 | €9,565 | €12,454 | +€2,889 | +30.2% |
| Amounts payable within one year | 42/48 | €815 | €3,704 | +€2,889 | +354% |
| Trade debts | 44 | - | €1,921 | +€1,921 | |
| Suppliers | 440/4 | - | €1,921 | +€1,921 | |
| Taxes, remuneration and social security | 45 | - | €411 | +€411 | |
| Taxes | 450/3 | - | €411 | +€411 | |
| Other amounts payable | 47/48 | €815 | €1,371 | +€556 | +68.2% |
| Accrued charges and deferred income | 492/3 | €8,750 | €8,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172 | €468 | +€296 | +172% |
| Other operating charges | 640/8 | €387 | €463 | +€76 | +19.6% |
| Gross operating margin | 9900 | €4,087 | €10,464 | +€6,378 | +156% |
| Operating profit (loss) | 9901 | €3,527 | €9,534 | +€6,006 | +170% |
| Financial income | 75/76B | €1,462 | €1,326 | -€135 | -9.3% |
| Recurring financial income | 75 | €1,462 | €1,326 | -€135 | -9.3% |
| Financial charges | 65/66B | €176 | €354 | +€179 | +102% |
| Recurring financial charges | 65 | €176 | €354 | +€179 | +102% |
| Profit (loss) for the period before taxes | 9903 | €4,813 | €10,506 | +€5,692 | +118% |
| Income taxes | 67/77 | €1,186 | €3,398 | +€2,212 | +187% |
| Profit (loss) for the period | 9904 | €3,628 | €7,108 | +€3,480 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,628 | €7,108 | +€3,480 | +95.9% |
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 13 October 2026 via checked.be.