PARIMETAL: 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.
What changed
PARIMETAL
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€103,150
2024 · €43,436-€146,587
Equity
€1.3m
2024 · €1.4m-€103,150
Cash
€482,190
2024 · €472,939+€9,251
Balance sheet total
€1.9m
2024 · €2.0m-€163,285
Largest movements
Assets
- Receivables within one year -€200,172
down €200,172 (-24.0%), from €834,751 to €634,580
of which Trade receivables: -€198,863
Equity and liabilities
- Profit (loss) carried forward -€103,150
new in 2025: -€103,150
- Debts after one year -€31,122
down €31,122 (-17.7%), from €176,323 to €145,201
- Tax, wage and social debts -€30,855
down €30,855 (-40.6%), from €76,052 to €45,197
of which Taxes: -€31,845
- Trade debts +€28,631
up €28,631 (+9.6%), from €296,963 to €325,594
- Other debts -€28,081
down €28,081 (-73.5%), from €38,208 to €10,127
Income statement
- Staff costs +€125,144
up €125,144 (+52.0%), from €240,470 to €365,614
- Gross operating margin -€53,513
down €53,513 (-12.6%), from €425,740 to €372,227
- Depreciation -€24,136
down €24,136 (-21.6%), from €111,654 to €87,518
- Taxes -€11,053
down €11,053 (-98.5%), from €11,216 to €163
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.
Result 2024
€43,436
Gross operating margin
-€53,513
Staff costs
-€125,144
Depreciation
+€24,136
Other operating charges
+€4,069
Other operating items
-€3,446
Financial income
-€517
Financial charges
-€3,225
Taxes
+€11,053
Result 2025
-€103,150
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€115,157
Investment
-€76,078
Financing
-€29,829
Cash 2024
€472,939
From operations (derived)
+€115,157
Net result for the year
-€103,150
Depreciation
+€87,518
Stocks and contracts
-€20,343
Receivables within one year
+€200,172
Deferred charges and accrued income
-€18,733
Trade debts
+€28,631
Tax, wage and social debts
-€30,855
Other debts
-€28,081
Investment (derived)
-€76,078
Investment in fixed assets (net)
-€76,078
Financing
-€29,829
Debts after one year
-€31,122
Current portion of long-term debt
+€1,319
Short-term financial debts
-€26
Cash 2025
€482,190
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,038,960 | €1,875,675 | -€163,285 | -8.0% |
| Fixed assets | 21/28 | €488,421 | €476,981 | -€11,440 | -2.3% |
| Tangible fixed assets | 22/27 | €487,521 | €476,281 | -€11,240 | -2.3% |
| Plant, machinery and equipment | 23 | €399,964 | €383,181 | -€16,783 | -4.2% |
| Furniture and vehicles | 24 | €87,557 | €93,100 | +€5,543 | +6.3% |
| Financial fixed assets | 28 | €900 | €700 | -€200 | -22.2% |
| Current assets | 29/58 | €1,550,539 | €1,398,694 | -€151,845 | -9.8% |
| Stocks and contracts in progress | 3 | €218,316 | €238,659 | +€20,343 | +9.3% |
| Stocks | 30/36 | €73,596 | €99,689 | +€26,093 | +35.5% |
| Contracts in progress | 37 | €144,720 | €138,970 | -€5,750 | -4.0% |
| Amounts receivable within one year | 40/41 | €834,751 | €634,580 | -€200,172 | -24.0% |
| Trade receivables | 40 | €804,420 | €605,556 | -€198,863 | -24.7% |
| Other amounts receivable | 41 | €30,332 | €29,023 | -€1,309 | -4.3% |
| Cash at bank and in hand | 54/58 | €472,939 | €482,190 | +€9,251 | +2.0% |
| Deferred charges and accrued income | 490/1 | €24,532 | €43,266 | +€18,733 | +76.4% |
| Total equity and liabilities | 10/49 | €2,038,960 | €1,875,675 | -€163,285 | -8.0% |
| Equity | 10/15 | €1,409,427 | €1,306,277 | -€103,150 | -7.3% |
| Contributions | 10/11 | €126,471 | €126,471 | = | 0.0% |
| Reserves | 13 | €1,282,957 | €1,282,957 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,647 | €12,647 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,647 | €12,647 | = | 0.0% |
| Distributable reserves | 133 | €1,270,310 | €1,270,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€103,150 | -€103,150 | |
| Amounts payable | 17/49 | €629,532 | €569,398 | -€60,134 | -9.6% |
| Amounts payable after more than one year | 17 | €176,323 | €145,201 | -€31,122 | -17.7% |
| Financial debts | 170/4 | €176,323 | €145,201 | -€31,122 | -17.7% |
| Amounts payable within one year | 42/48 | €441,184 | €412,172 | -€29,012 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €29,803 | €31,122 | +€1,319 | +4.4% |
| Financial debts | 43 | €157 | €131 | -€26 | -16.5% |
| Credit institutions | 430/8 | €157 | €131 | -€26 | -16.5% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €296,963 | €325,594 | +€28,631 | +9.6% |
| Suppliers | 440/4 | €296,963 | €325,594 | +€28,631 | +9.6% |
| Taxes, remuneration and social security | 45 | €76,052 | €45,197 | -€30,855 | -40.6% |
| Taxes | 450/3 | €45,535 | €13,691 | -€31,845 | -69.9% |
| Remuneration and social security | 454/9 | €30,517 | €31,506 | +€989 | +3.2% |
| Other amounts payable | 47/48 | €38,208 | €10,127 | -€28,081 | -73.5% |
| Accrued charges and deferred income | 492/3 | €12,025 | €12,025 | = | 0.0% |
| Non-recurring operating income | 76A | €50,000 | €0 | -€50,000 | -100% |
| Remuneration, social security and pensions | 62 | €240,470 | €365,614 | +€125,144 | +52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,654 | €87,518 | -€24,136 | -21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,534 | €3,465 | -€4,069 | -54.0% |
| Non-recurring operating charges | 66A | €0 | €3,446 | +€3,446 | |
| Gross operating margin | 9900 | €425,740 | €372,227 | -€53,513 | -12.6% |
| Operating profit (loss) | 9901 | €66,081 | -€87,817 | -€153,898 | |
| Financial income | 75/76B | €663 | €146 | -€517 | -78.0% |
| Recurring financial income | 75 | €663 | €146 | -€517 | -78.0% |
| Financial charges | 65/66B | €12,092 | €15,317 | +€3,225 | +26.7% |
| Recurring financial charges | 65 | €12,092 | €15,317 | +€3,225 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €54,652 | -€102,988 | -€157,640 | |
| Income taxes | 67/77 | €11,216 | €163 | -€11,053 | -98.5% |
| Profit (loss) for the period | 9904 | €43,436 | -€103,150 | -€146,587 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,436 | -€103,150 | -€146,587 |
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 19 October 2026 via checked.be.