PARHAREN: what changed
What changed
PARHAREN
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€1.3m
30-09-2024 · -€9,983+€1.3m
Equity
€2.3m
30-09-2024 · €1.1m+€1.2m
Cash
€298,820
30-09-2024 · €272,633+€26,187
Balance sheet total
€4.5m
30-09-2024 · €3.1m+€1.4m
Largest movements
Assets
- Receivables within one year +€879,206
up €879,206 (+399%), from €220,523 to €1.1m
of which Trade receivables: +€1.0m
- Tangible fixed assets +€481,099
up €481,099 (+18.6%), from €2.6m to €3.1m
of which Land and buildings: +€605,155
Equity and liabilities
- Reserves +€1.2m
up €1.2m (+137%), from €901,599 to €2.1m
of which Tax-exempt reserves: +€1.2m
- Provisions +€410,582
up €410,582 (+125%), from €329,593 to €740,175
- Other debts -€146,677
down €146,677 (-41.9%), from €350,000 to €203,323
- Debts after one year -€104,829
down €104,829 (-8.8%), from €1.2m to €1.1m
of which Financial debts: -€99,169
Income statement
- Gross operating margin +€1.7m
up €1.7m (+533%), from €315,714 to €2.0m
- Depreciation -€63,398
down €63,398 (-23.5%), from €270,352 to €206,954
Change in the result, 30-09-2024 to 30-09-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 30-09-2024
-€9,983
Gross operating margin
+€1.7m
Depreciation
+€63,398
Other operating charges
-€891
Financial income
+€7,029
Financial charges
-€5,674
Taxes
-€2,310
Deferred taxes and other
-€432,413
Result 30-09-2025
€1.3m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 30-09-2024 and 30-09-2025 balance sheets and the 30-09-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€880,901
Investment
-€687,683
Financing
-€167,031
Cash 30-09-2024
€272,633
From operations (derived)
+€880,901
Net result for the year
+€1.3m
Depreciation
+€206,954
Receivables within one year
-€879,206
Deferred charges and accrued income
-€7,072
Provisions
+€410,582
Smaller working-capital items
-€2,145
Other debts
-€146,677
Accrued charges and deferred income
-€3,323
Investment (derived)
-€687,683
Investment in fixed assets (net)
-€687,683
Financing
-€167,031
Debts after one year
-€104,829
Current portion of long-term debt
+€7,799
Contributions, distributions and other
-€70,000
Cash 30-09-2025
€298,820
brings cash intakes cash out
Every line side by side
| Line | Code | 30-09-2024 | 30-09-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,082,784 | €4,475,977 | +€1.4m | +45.2% |
| Fixed assets | 21/28 | €2,580,800 | €3,061,528 | +€480,729 | +18.6% |
| Tangible fixed assets | 22/27 | €2,580,430 | €3,061,528 | +€481,099 | +18.6% |
| Land and buildings | 22 | €2,335,512 | €2,940,667 | +€605,155 | +25.9% |
| Plant, machinery and equipment | 23 | €234,962 | €119,363 | -€115,599 | -49.2% |
| Furniture and vehicles | 24 | €9,956 | €1,499 | -€8,457 | -84.9% |
| Financial fixed assets | 28 | €370 | €0 | -€370 | -100% |
| Current assets | 29/58 | €501,984 | €1,414,449 | +€912,464 | +182% |
| Amounts receivable within one year | 40/41 | €220,523 | €1,099,728 | +€879,206 | +399% |
| Trade receivables | 40 | €29,881 | €1,032,386 | +€1.0m | +3,355% |
| Other amounts receivable | 41 | €190,642 | €67,342 | -€123,300 | -64.7% |
| Cash at bank and in hand | 54/58 | €272,633 | €298,820 | +€26,187 | +9.6% |
| Deferred charges and accrued income | 490/1 | €8,829 | €15,900 | +€7,072 | +80.1% |
| Total equity and liabilities | 10/49 | €3,082,784 | €4,475,977 | +€1.4m | +45.2% |
| Equity | 10/15 | €1,072,288 | €2,304,074 | +€1.2m | +115% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Capital | 10 | €170,000 | €170,000 | = | 0.0% |
| Issued capital | 100 | €170,000 | €170,000 | = | 0.0% |
| Reserves | 13 | €901,599 | €2,133,345 | +€1.2m | +137% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €811,599 | €2,043,345 | +€1.2m | +152% |
| Distributable reserves | 133 | €73,000 | €73,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €690 | €729 | +€40 | +5.8% |
| Provisions and deferred taxes | 16 | €329,593 | €740,175 | +€410,582 | +125% |
| Deferred taxes | 168 | €329,593 | €740,175 | +€410,582 | +125% |
| Amounts payable | 17/49 | €1,680,902 | €1,431,727 | -€249,175 | -14.8% |
| Amounts payable after more than one year | 17 | €1,188,082 | €1,083,253 | -€104,829 | -8.8% |
| Financial debts | 170/4 | €1,176,964 | €1,077,795 | -€99,169 | -8.4% |
| Other amounts payable | 178/9 | €11,118 | €5,458 | -€5,660 | -50.9% |
| Amounts payable within one year | 42/48 | €480,073 | €339,050 | -€141,023 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €91,371 | €99,169 | +€7,799 | +8.5% |
| Trade debts | 44 | €24,826 | €22,039 | -€2,787 | -11.2% |
| Suppliers | 440/4 | €24,826 | €22,039 | -€2,787 | -11.2% |
| Taxes, remuneration and social security | 45 | €13,876 | €14,518 | +€642 | +4.6% |
| Taxes | 450/3 | €13,876 | €14,518 | +€642 | +4.6% |
| Other amounts payable | 47/48 | €350,000 | €203,323 | -€146,677 | -41.9% |
| Accrued charges and deferred income | 492/3 | €12,747 | €9,424 | -€3,323 | -26.1% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270,352 | €206,954 | -€63,398 | -23.5% |
| Other operating charges | 640/8 | €36,519 | €37,410 | +€891 | +2.4% |
| Gross operating margin | 9900 | €315,714 | €1,998,343 | +€1.7m | +533% |
| Operating profit (loss) | 9901 | €8,843 | €1,753,980 | +€1.7m | +19,735% |
| Financial income | 75/76B | €3,495 | €10,524 | +€7,029 | +201% |
| Recurring financial income | 75 | €3,495 | €2,114 | -€1,381 | -39.5% |
| Non-recurring financial income | 76B | - | €8,410 | +€8,410 | |
| Financial charges | 65/66B | €23,969 | €29,643 | +€5,674 | +23.7% |
| Recurring financial charges | 65 | €23,969 | €29,643 | +€5,674 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,631 | €1,734,861 | +€1.7m | |
| Transfer from deferred taxes | 780 | €21,831 | €33,269 | +€11,439 | +52.4% |
| Transfer to deferred taxes | 680 | - | €443,851 | +€443,851 | |
| Income taxes | 67/77 | €20,183 | €22,493 | +€2,310 | +11.4% |
| Profit (loss) for the period | 9904 | -€9,983 | €1,301,786 | +€1.3m | |
| Transfer from tax-exempt reserves | 789 | €65,492 | €99,808 | +€34,316 | +52.4% |
| Transfer to tax-exempt reserves | 689 | - | €1,331,554 | +€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €55,509 | €70,040 | +€14,530 | +26.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.