PARIMA - INVEST: 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.
PARIMA - INVEST
Largest movements
- Current investments +€520,828
up €520,828 (+158%), from €330,000 to €850,828
- Cash -€225,576
down €225,576 (-93.3%), from €241,892 to €16,316
mainly Current investments (-€520,828) and Investment in fixed assets (net) (-€9,069)
- Reserves +€222,812
up €222,812 (+18.4%), from €1.2m to €1.4m
of which Tax-exempt reserves: +€186,714
- Provisions +€62,238
up €62,238 (+66.9%), from €92,989 to €155,227
- Gross operating margin +€223,312
up €223,312 (+214%), from €104,171 to €327,482
- Financial income -€21,434
down €21,434 (-98.8%), from €21,696 to €262
- Taxes -€13,600
down €13,600 (-44.6%), from €30,496 to €16,896
- Depreciation -€5,347
down €5,347 (-31.1%), from €17,184 to €11,838
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 | €1,387,634 | €1,676,609 | +€288,975 | +20.8% |
| Fixed assets | 21/28 | €672,186 | €669,417 | -€2,769 | -0.4% |
| Tangible fixed assets | 22/27 | €260,708 | €257,939 | -€2,769 | -1.1% |
| Land and buildings | 22 | €190,195 | €159,809 | -€30,386 | -16.0% |
| Assets under construction and advance payments | 27 | €70,513 | €98,130 | +€27,617 | +39.2% |
| Financial fixed assets | 28 | €411,478 | €411,478 | = | 0.0% |
| Current assets | 29/58 | €715,448 | €1,007,192 | +€291,744 | +40.8% |
| Amounts receivable within one year | 40/41 | €121,465 | €125,069 | +€3,604 | +3.0% |
| Other amounts receivable | 41 | €121,465 | €125,069 | +€3,604 | +3.0% |
| Current investments | 50/53 | €330,000 | €850,828 | +€520,828 | +158% |
| Cash at bank and in hand | 54/58 | €241,892 | €16,316 | -€225,576 | -93.3% |
| Deferred charges and accrued income | 490/1 | €22,090 | €14,978 | -€7,112 | -32.2% |
| Total equity and liabilities | 10/49 | €1,387,634 | €1,676,609 | +€288,975 | +20.8% |
| Equity | 10/15 | €1,277,276 | €1,500,088 | +€222,812 | +17.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €1,212,276 | €1,435,088 | +€222,812 | +18.4% |
| Non-distributable reserves | 130/1 | €64,000 | €64,000 | = | 0.0% |
| Legal reserve | 130 | €64,000 | €64,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €278,967 | €465,680 | +€186,714 | +66.9% |
| Distributable reserves | 133 | €869,309 | €905,408 | +€36,098 | +4.2% |
| Provisions and deferred taxes | 16 | €92,989 | €155,227 | +€62,238 | +66.9% |
| Deferred taxes | 168 | €92,989 | €155,227 | +€62,238 | +66.9% |
| Amounts payable | 17/49 | €17,369 | €21,295 | +€3,926 | +22.6% |
| Amounts payable within one year | 42/48 | €16,344 | €20,270 | +€3,926 | +24.0% |
| Trade debts | 44 | €2,368 | €2,770 | +€402 | +17.0% |
| Suppliers | 440/4 | €2,368 | €2,770 | +€402 | +17.0% |
| Taxes, remuneration and social security | 45 | €13,340 | €12,487 | -€853 | -6.4% |
| Taxes | 450/3 | €13,340 | €12,487 | -€853 | -6.4% |
| Other amounts payable | 47/48 | €636 | €5,012 | +€4,377 | +689% |
| Accrued charges and deferred income | 492/3 | €1,025 | €1,025 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,184 | €11,838 | -€5,347 | -31.1% |
| Other operating charges | 640/8 | €13,306 | €13,874 | +€568 | +4.3% |
| Gross operating margin | 9900 | €104,171 | €327,482 | +€223,312 | +214% |
| Operating profit (loss) | 9901 | €73,680 | €301,771 | +€228,091 | +310% |
| Financial income | 75/76B | €21,696 | €262 | -€21,434 | -98.8% |
| Recurring financial income | 75 | €21,696 | €262 | -€21,434 | -98.8% |
| Financial charges | 65/66B | €191 | €87 | -€105 | -54.6% |
| Recurring financial charges | 65 | €191 | €87 | -€105 | -54.6% |
| Profit (loss) for the period before taxes | 9903 | €95,185 | €301,945 | +€206,761 | +217% |
| Transfer to deferred taxes | 680 | €0 | €62,238 | +€62,238 | |
| Income taxes | 67/77 | €30,496 | €16,896 | -€13,600 | -44.6% |
| Profit (loss) for the period | 9904 | €64,688 | €222,812 | +€158,123 | +244% |
| Transfer to tax-exempt reserves | 689 | €0 | €186,714 | +€186,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,688 | €36,098 | -€28,590 | -44.2% |
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 26 October 2026 via checked.be.