PARFUMA 2: 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.
PARFUMA 2
Largest movements
- Stocks and contracts -€93,291
down €93,291 (-19.0%), from €490,666 to €397,375
- Cash -€38,844
down €38,844 (-61.3%), from €63,389 to €24,546
mainly Debts after one year (-€62,493) and Current portion of long-term debt (-€34,201)
- Tangible fixed assets -€28,657
down €28,657 (-9.1%), from €313,381 to €284,723
of which Land and buildings: -€40,246
- Receivables within one year +€21,474
up €21,474 (+10.0%), from €215,395 to €236,869
of which Trade receivables: +€13,974
- Debts after one year -€62,493
down €62,493 (-12.1%), from €517,945 to €455,452
- Current portion of long-term debt -€34,201
down €34,201 (-37.7%), from €90,766 to €56,565
- Trade debts -€28,434
down €28,434 (-34.5%), from €82,393 to €53,959
- Reserves -€15,330
down €15,330 (-5.1%), from €300,273 to €284,943
of which Distributable reserves: -€15,330
- Staff costs +€82,237
up €82,237 (+33.9%), from €242,468 to €324,705
- Taxes -€15,383
down €15,383 (-100%), from €15,383 to €0
- Gross operating margin +€9,659
up €9,659 (+2.6%), from €371,098 to €380,757
- Financial charges -€5,768
down €5,768 (-35.6%), from €16,221 to €10,453
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 | €1,149,958 | €1,016,141 | -€133,816 | -11.6% |
| Fixed assets | 21/28 | €313,581 | €284,923 | -€28,657 | -9.1% |
| Tangible fixed assets | 22/27 | €313,381 | €284,723 | -€28,657 | -9.1% |
| Land and buildings | 22 | €311,552 | €271,306 | -€40,246 | -12.9% |
| Plant, machinery and equipment | 23 | €1,829 | €13,417 | +€11,588 | +634% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €836,377 | €731,218 | -€105,159 | -12.6% |
| Stocks and contracts in progress | 3 | €490,666 | €397,375 | -€93,291 | -19.0% |
| Stocks | 30/36 | €490,666 | €397,375 | -€93,291 | -19.0% |
| Amounts receivable within one year | 40/41 | €215,395 | €236,869 | +€21,474 | +10.0% |
| Trade receivables | 40 | €215,395 | €229,369 | +€13,974 | +6.5% |
| Other amounts receivable | 41 | €0 | €7,500 | +€7,500 | |
| Cash at bank and in hand | 54/58 | €63,389 | €24,546 | -€38,844 | -61.3% |
| Deferred charges and accrued income | 490/1 | €66,927 | €72,429 | +€5,502 | +8.2% |
| Total equity and liabilities | 10/49 | €1,149,958 | €1,016,141 | -€133,816 | -11.6% |
| Equity | 10/15 | €362,273 | €346,943 | -€15,330 | -4.2% |
| 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 | €300,273 | €284,943 | -€15,330 | -5.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €294,073 | €278,743 | -€15,330 | -5.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €787,684 | €669,198 | -€118,486 | -15.0% |
| Amounts payable after more than one year | 17 | €517,945 | €455,452 | -€62,493 | -12.1% |
| Financial debts | 170/4 | €517,945 | €455,452 | -€62,493 | -12.1% |
| Amounts payable within one year | 42/48 | €269,740 | €213,746 | -€55,993 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €90,766 | €56,565 | -€34,201 | -37.7% |
| Trade debts | 44 | €82,393 | €53,959 | -€28,434 | -34.5% |
| Suppliers | 440/4 | €82,393 | €53,959 | -€28,434 | -34.5% |
| Taxes, remuneration and social security | 45 | €95,109 | €103,222 | +€8,113 | +8.5% |
| Taxes | 450/3 | €77,657 | €70,236 | -€7,421 | -9.6% |
| Remuneration and social security | 454/9 | €17,452 | €32,986 | +€15,535 | +89.0% |
| Other amounts payable | 47/48 | €1,471 | €0 | -€1,471 | -100% |
| Remuneration, social security and pensions | 62 | €242,468 | €324,705 | +€82,237 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,406 | €42,384 | -€1,022 | -2.4% |
| Other operating charges | 640/8 | €16,357 | €19,267 | +€2,910 | +17.8% |
| Gross operating margin | 9900 | €371,098 | €380,757 | +€9,659 | +2.6% |
| Operating profit (loss) | 9901 | €68,867 | -€5,599 | -€74,466 | |
| Financial income | 75/76B | €99 | €723 | +€624 | +630% |
| Recurring financial income | 75 | €99 | €723 | +€624 | +630% |
| Financial charges | 65/66B | €16,221 | €10,453 | -€5,768 | -35.6% |
| Recurring financial charges | 65 | €16,221 | €10,453 | -€5,768 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €52,745 | -€15,330 | -€68,075 | |
| Income taxes | 67/77 | €15,383 | €0 | -€15,383 | -100% |
| Profit (loss) for the period | 9904 | €37,362 | -€15,330 | -€52,692 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,362 | -€15,330 | -€52,692 |
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 28 October 2026 via checked.be.