Parmatam: 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.
Parmatam
Largest movements
- Tangible fixed assets +€265,748
up €265,748 (+33.1%), from €803,676 to €1.1m
of which Land and buildings: +€273,977
- Cash -€20,247
down €20,247 (-44.1%), from €45,933 to €25,685
mainly Investment in fixed assets (net) (-€349,050) and Contributions, distributions and other (-€64,751)
- Receivables within one year +€15,788
up €15,788 (+35.9%), from €44,029 to €59,817
of which Trade receivables: +€12,072
- Stocks and contracts +€13,770
up €13,770 (+10.1%), from €136,506 to €150,276
of which Stocks: +€10,408
- Debts after one year +€215,175
up €215,175 (+1,230%), from €17,500 to €232,675
- Other debts +€72,844
up €72,844 (+28.4%), from €256,821 to €329,665
- Reserves -€42,045
down €42,045 (-6.7%), from €625,908 to €583,863
of which Distributable reserves: -€42,045
- Current portion of long-term debt +€26,732
up €26,732 (+165%), from €16,168 to €42,900
- Depreciation +€23,647
up €23,647 (+39.6%), from €59,654 to €83,301
- Gross operating margin +€18,525
up €18,525 (+9.5%), from €194,899 to €213,423
- Staff costs +€13,728
up €13,728 (+40.3%), from €34,043 to €47,771
- Financial charges +€10,718
up €10,718 (+56.9%), from €18,846 to €29,564
- Taxes -€8,805
down €8,805 (-46.8%), from €18,804 to €9,999
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 | €1,032,798 | €1,306,900 | +€274,102 | +26.5% |
| Fixed assets | 21/28 | €803,676 | €1,069,425 | +€265,748 | +33.1% |
| Tangible fixed assets | 22/27 | €803,676 | €1,069,425 | +€265,748 | +33.1% |
| Land and buildings | 22 | €758,673 | €1,032,650 | +€273,977 | +36.1% |
| Plant, machinery and equipment | 23 | €33,152 | €28,483 | -€4,669 | -14.1% |
| Furniture and vehicles | 24 | €11,851 | €8,292 | -€3,559 | -30.0% |
| Current assets | 29/58 | €229,122 | €237,475 | +€8,354 | +3.6% |
| Stocks and contracts in progress | 3 | €136,506 | €150,276 | +€13,770 | +10.1% |
| Stocks | 30/36 | €124,302 | €134,710 | +€10,408 | +8.4% |
| Contracts in progress | 37 | €12,204 | €15,566 | +€3,362 | +27.5% |
| Amounts receivable within one year | 40/41 | €44,029 | €59,817 | +€15,788 | +35.9% |
| Trade receivables | 40 | €35,626 | €47,698 | +€12,072 | +33.9% |
| Other amounts receivable | 41 | €8,403 | €12,119 | +€3,716 | +44.2% |
| Cash at bank and in hand | 54/58 | €45,933 | €25,685 | -€20,247 | -44.1% |
| Deferred charges and accrued income | 490/1 | €2,654 | €1,697 | -€957 | -36.1% |
| Total equity and liabilities | 10/49 | €1,032,798 | €1,306,900 | +€274,102 | +26.5% |
| Equity | 10/15 | €687,908 | €645,863 | -€42,045 | -6.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €625,908 | €583,863 | -€42,045 | -6.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,388 | €11,388 | = | 0.0% |
| Distributable reserves | 133 | €608,319 | €566,274 | -€42,045 | -6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €344,890 | €661,038 | +€316,147 | +91.7% |
| Amounts payable after more than one year | 17 | €17,500 | €232,675 | +€215,175 | +1,230% |
| Financial debts | 170/4 | €17,500 | €232,675 | +€215,175 | +1,230% |
| Amounts payable within one year | 42/48 | €310,499 | €408,046 | +€97,547 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €16,168 | €42,900 | +€26,732 | +165% |
| Trade debts | 44 | €11,529 | €12,503 | +€974 | +8.4% |
| Suppliers | 440/4 | €11,529 | €12,503 | +€974 | +8.4% |
| Advances received on contracts in progress | 46 | €23,389 | €13,068 | -€10,321 | -44.1% |
| Taxes, remuneration and social security | 45 | €2,592 | €9,910 | +€7,318 | +282% |
| Taxes | 450/3 | €725 | €7,032 | +€6,307 | +870% |
| Remuneration and social security | 454/9 | €1,868 | €2,878 | +€1,011 | +54.1% |
| Other amounts payable | 47/48 | €256,821 | €329,665 | +€72,844 | +28.4% |
| Accrued charges and deferred income | 492/3 | €16,891 | €20,317 | +€3,426 | +20.3% |
| Remuneration, social security and pensions | 62 | €34,043 | €47,771 | +€13,728 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,654 | €83,301 | +€23,647 | +39.6% |
| Other operating charges | 640/8 | €14,729 | €20,179 | +€5,450 | +37.0% |
| Non-recurring operating charges | 66A | €98 | €106 | +€8 | +8.2% |
| Gross operating margin | 9900 | €194,899 | €213,423 | +€18,525 | +9.5% |
| Operating profit (loss) | 9901 | €86,375 | €62,066 | -€24,309 | -28.1% |
| Financial income | 75/76B | €311 | €203 | -€107 | -34.5% |
| Recurring financial income | 75 | €311 | €203 | -€107 | -34.5% |
| Financial charges | 65/66B | €18,846 | €29,564 | +€10,718 | +56.9% |
| Recurring financial charges | 65 | €18,846 | €29,564 | +€10,718 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €67,840 | €32,705 | -€35,134 | -51.8% |
| Income taxes | 67/77 | €18,804 | €9,999 | -€8,805 | -46.8% |
| Profit (loss) for the period | 9904 | €49,036 | €22,706 | -€26,330 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,036 | €22,706 | -€26,330 | -53.7% |
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.