PARGESOFT EUROPE: what changed
PARGESOFT EUROPE
Largest movements
- Receivables within one year +€42,673
up €42,673 (+46.6%), from €91,584 to €134,257
of which Trade receivables: +€44,185
- Cash +€11,771
up €11,771 (+156%), from €7,538 to €19,309
mainly Trade debts (+€78,552) and Net result for the year (+€18,161)
- Trade debts +€78,552
up €78,552 (+517%), from €15,190 to €93,742
- Other debts -€19,910
down €19,910 (-100%), from €19,910 to €0
- Reserves -€11,839
down €11,839 (-22.5%), from €52,549 to €40,711
- Tax, wage and social debts +€6,597
up €6,597 (+59.9%), from €11,017 to €17,614
of which Remuneration and social security: +€6,710
- Gross operating margin +€12,272
up €12,272 (+93.4%), from €13,133 to €25,406
- Taxes +€3,604
up €3,604 (+125%), from €2,895 to €6,499
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,167 | €153,566 | +€53,400 | +53.3% |
| Current assets | 29/58 | €100,167 | €153,566 | +€53,400 | +53.3% |
| Amounts receivable within one year | 40/41 | €91,584 | €134,257 | +€42,673 | +46.6% |
| Trade receivables | 40 | €89,294 | €133,478 | +€44,185 | +49.5% |
| Other amounts receivable | 41 | €2,290 | €778 | -€1,512 | -66.0% |
| Cash at bank and in hand | 54/58 | €7,538 | €19,309 | +€11,771 | +156% |
| Deferred charges and accrued income | 490/1 | €1,045 | €0 | -€1,045 | -100% |
| Total equity and liabilities | 10/49 | €100,167 | €153,566 | +€53,400 | +53.3% |
| Equity | 10/15 | €54,049 | €42,211 | -€11,839 | -21.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €52,549 | €40,711 | -€11,839 | -22.5% |
| Distributable reserves | 133 | €52,549 | €40,711 | -€11,839 | -22.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €46,117 | €111,356 | +€65,238 | +141% |
| Amounts payable within one year | 42/48 | €46,117 | €111,356 | +€65,238 | +141% |
| Trade debts | 44 | €15,190 | €93,742 | +€78,552 | +517% |
| Suppliers | 440/4 | €15,190 | €93,742 | +€78,552 | +517% |
| Taxes, remuneration and social security | 45 | €11,017 | €17,614 | +€6,597 | +59.9% |
| Taxes | 450/3 | €11,017 | €10,903 | -€114 | -1.0% |
| Remuneration and social security | 454/9 | - | €6,710 | +€6,710 | |
| Other amounts payable | 47/48 | €19,910 | €0 | -€19,910 | -100% |
| Other operating charges | 640/8 | €159 | €153 | -€6 | -3.9% |
| Gross operating margin | 9900 | €13,133 | €25,406 | +€12,272 | +93.4% |
| Operating profit (loss) | 9901 | €12,974 | €25,253 | +€12,279 | +94.6% |
| Financial charges | 65/66B | €446 | €592 | +€146 | +32.7% |
| Recurring financial charges | 65 | €446 | €592 | +€146 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €12,528 | €24,660 | +€12,133 | +96.8% |
| Income taxes | 67/77 | €2,895 | €6,499 | +€3,604 | +125% |
| Profit (loss) for the period | 9904 | €9,633 | €18,161 | +€8,528 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,633 | €18,161 | +€8,528 | +88.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.