PARINC: 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.
PARINC
Largest movements
- Financial fixed assets +€600,000
new in 2025: €600,000
- Cash +€134,437
up €134,437 (+143%), from €93,797 to €228,234
mainly Debts after one year (+€419,307) and Current portion of long-term debt (+€134,639)
- Receivables within one year +€29,264
up €29,264 (+128%), from €22,861 to €52,125
- Tangible fixed assets -€9,978
down €9,978 (-28.1%), from €35,568 to €25,590
- Debts after one year +€419,307
new in 2025: €419,307
- Current portion of long-term debt +€134,639
up €134,639 (+1,296%), from €10,387 to €145,026
- Reserves +€126,403
up €126,403 (+137%), from €92,142 to €218,545
- Tax, wage and social debts +€73,164
up €73,164 (+208%), from €35,113 to €108,276
of which Taxes: +€73,146
- Gross operating margin +€96,020
up €96,020 (+90.7%), from €105,829 to €201,849
- Taxes +€33,791
up €33,791 (+132%), from €25,683 to €59,475
- Financial charges +€3,416
up €3,416 (+160%), from €2,141 to €5,556
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 | €153,009 | €906,745 | +€753,736 | +493% |
| Fixed assets | 21/28 | €35,568 | €625,590 | +€590,022 | +1,659% |
| Tangible fixed assets | 22/27 | €35,568 | €25,590 | -€9,978 | -28.1% |
| Furniture and vehicles | 24 | €35,568 | €25,590 | -€9,978 | -28.1% |
| Financial fixed assets | 28 | - | €600,000 | +€600,000 | |
| Current assets | 29/58 | €117,441 | €281,155 | +€163,714 | +139% |
| Amounts receivable within one year | 40/41 | €22,861 | €52,125 | +€29,264 | +128% |
| Trade receivables | 40 | €22,861 | €52,125 | +€29,264 | +128% |
| Cash at bank and in hand | 54/58 | €93,797 | €228,234 | +€134,437 | +143% |
| Deferred charges and accrued income | 490/1 | €782 | €795 | +€13 | +1.7% |
| Total equity and liabilities | 10/49 | €153,009 | €906,745 | +€753,736 | +493% |
| Equity | 10/15 | €95,142 | €221,545 | +€126,403 | +133% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €92,142 | €218,545 | +€126,403 | +137% |
| Distributable reserves | 133 | €92,142 | €218,545 | +€126,403 | +137% |
| Amounts payable | 17/49 | €57,867 | €685,200 | +€627,333 | +1,084% |
| Amounts payable after more than one year | 17 | - | €419,307 | +€419,307 | |
| Financial debts | 170/4 | - | €419,307 | +€419,307 | |
| Amounts payable within one year | 42/48 | €57,004 | €265,108 | +€208,104 | +365% |
| Current portion of amounts payable after more than one year | 42 | €10,387 | €145,026 | +€134,639 | +1,296% |
| Trade debts | 44 | €680 | €589 | -€91 | -13.4% |
| Suppliers | 440/4 | €680 | €589 | -€91 | -13.4% |
| Taxes, remuneration and social security | 45 | €35,113 | €108,276 | +€73,164 | +208% |
| Taxes | 450/3 | €33,109 | €106,256 | +€73,146 | +221% |
| Remuneration and social security | 454/9 | €2,003 | €2,020 | +€17 | +0.9% |
| Other amounts payable | 47/48 | €10,825 | €11,218 | +€393 | +3.6% |
| Accrued charges and deferred income | 492/3 | €863 | €784 | -€79 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,607 | €9,978 | +€371 | +3.9% |
| Other operating charges | 640/8 | €1,033 | €572 | -€461 | -44.6% |
| Gross operating margin | 9900 | €105,829 | €201,849 | +€96,020 | +90.7% |
| Operating profit (loss) | 9901 | €95,189 | €191,300 | +€96,110 | +101% |
| Financial income | 75/76B | €0 | €135 | +€135 | +673,650% |
| Recurring financial income | 75 | €0 | €135 | +€135 | +673,650% |
| Financial charges | 65/66B | €2,141 | €5,556 | +€3,416 | +160% |
| Recurring financial charges | 65 | €2,141 | €5,556 | +€3,416 | +160% |
| Profit (loss) for the period before taxes | 9903 | €93,048 | €185,878 | +€92,829 | +99.8% |
| Income taxes | 67/77 | €25,683 | €59,475 | +€33,791 | +132% |
| Profit (loss) for the period | 9904 | €67,365 | €126,403 | +€59,038 | +87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,365 | €126,403 | +€59,038 | +87.6% |
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 31 October 2026 via checked.be.