PARITECH: what changed
Two fiscal 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.
PARITECH
Largest movements
- Stocks and contracts +€139,133
up €139,133 (+33.0%), from €421,298 to €560,431
of which Stocks: +€167,650
- Receivables within one year +€80,867
up €80,867 (+17.4%), from €464,967 to €545,834
of which Trade receivables: +€79,890
- Tangible fixed assets -€53,100
down €53,100 (-35.4%), from €149,849 to €96,749
of which Furniture and vehicles: -€33,467
- Cash +€17,680
up €17,680 (+85.9%), from €20,584 to €38,264
mainly Current portion of long-term debt (+€200,000) and Depreciation (+€59,359)
- Current portion of long-term debt +€200,000
new in 2025: €200,000
- Trade debts -€15,457
down €15,457 (-4.1%), from €380,670 to €365,213
- Gross operating margin +€168,735
up €168,735 (+78.5%), from €214,914 to €383,649
- Staff costs +€127,348
up €127,348 (+64.2%), from €198,471 to €325,819
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.
Cash bridge derived
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 | €1,057,784 | €1,247,364 | +€189,580 | +17.9% |
| Fixed assets | 21/28 | €150,935 | €97,259 | -€53,676 | -35.6% |
| Intangible fixed assets | 21 | €1,076 | €0 | -€1,076 | -100.0% |
| Tangible fixed assets | 22/27 | €149,849 | €96,749 | -€53,100 | -35.4% |
| Plant, machinery and equipment | 23 | €62,289 | €42,656 | -€19,633 | -31.5% |
| Furniture and vehicles | 24 | €87,560 | €54,093 | -€33,467 | -38.2% |
| Financial fixed assets | 28 | €10 | €510 | +€500 | +5000.0% |
| Current assets | 29/58 | €906,849 | €1,150,105 | +€243,256 | +26.8% |
| Stocks and contracts in progress | 3 | €421,298 | €560,431 | +€139,133 | +33.0% |
| Stocks | 30/36 | €342,350 | €510,000 | +€167,650 | +49.0% |
| Contracts in progress | 37 | €78,948 | €50,431 | -€28,517 | -36.1% |
| Amounts receivable within one year | 40/41 | €464,967 | €545,834 | +€80,867 | +17.4% |
| Trade receivables | 40 | €464,376 | €544,266 | +€79,890 | +17.2% |
| Other amounts receivable | 41 | €591 | €1,568 | +€977 | +165.3% |
| Cash at bank and in hand | 54/58 | €20,584 | €38,264 | +€17,680 | +85.9% |
| Deferred charges and accrued income | 490/1 | - | €5,576 | +€5,576 | |
| Total equity and liabilities | 10/49 | €1,057,784 | €1,247,364 | +€189,580 | +17.9% |
| Equity | 10/15 | €18,329 | €25,810 | +€7,481 | +40.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €37,918 | €37,918 | = | 0.0% |
| Distributable reserves | 133 | €37,918 | €37,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,589 | -€22,108 | +€7,481 | +25.3% |
| Amounts payable | 17/49 | €1,039,455 | €1,221,554 | +€182,099 | +17.5% |
| Amounts payable within one year | 42/48 | €1,039,455 | €1,221,554 | +€182,099 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €380,670 | €365,213 | -€15,457 | -4.1% |
| Suppliers | 440/4 | €380,670 | €365,213 | -€15,457 | -4.1% |
| Advances received on contracts in progress | 46 | - | €1,900 | +€1,900 | |
| Taxes, remuneration and social security | 45 | €48,285 | €44,871 | -€3,414 | -7.1% |
| Taxes | 450/3 | €33,724 | €19,339 | -€14,385 | -42.7% |
| Remuneration and social security | 454/9 | €14,561 | €25,532 | +€10,971 | +75.3% |
| Other amounts payable | 47/48 | €610,500 | €609,570 | -€930 | -0.2% |
| Remuneration, social security and pensions | 62 | €198,471 | €325,819 | +€127,348 | +64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,521 | €59,359 | +€838 | +1.4% |
| Other operating charges | 640/8 | €840 | €1,226 | +€386 | +46.0% |
| Gross operating margin | 9900 | €214,914 | €383,649 | +€168,735 | +78.5% |
| Operating profit (loss) | 9901 | -€42,918 | -€2,755 | +€40,163 | +93.6% |
| Financial income | 75/76B | €14,931 | €14,136 | -€795 | -5.3% |
| Recurring financial income | 75 | €5 | €1,116 | +€1,111 | +22220.0% |
| Non-recurring financial income | 76B | €14,926 | €13,020 | -€1,906 | -12.8% |
| Financial charges | 65/66B | €1,370 | €3,743 | +€2,373 | +173.2% |
| Recurring financial charges | 65 | €254 | €3,340 | +€3,086 | +1215.0% |
| Non-recurring financial charges | 66B | €1,116 | €403 | -€713 | -63.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,357 | €7,638 | +€36,995 | |
| Income taxes | 67/77 | €232 | €157 | -€75 | -32.3% |
| Profit (loss) for the period | 9904 | -€29,589 | €7,481 | +€37,070 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,589 | €7,481 | +€37,070 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.