PARMENCANNAR: 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.
PARMENCANNAR
Largest movements
- Tangible fixed assets -€46,384
down €46,384 (-3.2%), from €1.5m to €1.4m
of which Land and buildings: -€39,224
- Reserves -€23,000
down €23,000 (-3.0%), from €778,000 to €755,000
of which Distributable reserves: -€15,000
- Other debts -€17,984
down €17,984 (-99.9%), from €18,007 to €23
- Financial charges -€22,332
down €22,332 (-70.3%), from €31,753 to €9,421
- Gross operating margin -€12,151
down €12,151 (-28.2%), from €43,113 to €30,962
- Financial income +€3,705
up €3,705 (+65.3%), from €5,675 to €9,380
- Taxes -€1,221
down €1,221 (-100%), from €1,221 to €0
- Other operating charges -€845
down €845 (-10.5%), from €8,029 to €7,184
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 | €1,777,040 | €1,726,803 | -€50,237 | -2.8% |
| Fixed assets | 21/28 | €1,457,032 | €1,410,648 | -€46,384 | -3.2% |
| Tangible fixed assets | 22/27 | €1,457,032 | €1,410,648 | -€46,384 | -3.2% |
| Land and buildings | 22 | €1,183,311 | €1,144,086 | -€39,224 | -3.3% |
| Furniture and vehicles | 24 | €660 | €440 | -€220 | -33.3% |
| Other tangible fixed assets | 26 | €273,062 | €266,121 | -€6,940 | -2.5% |
| Current assets | 29/58 | €320,008 | €316,155 | -€3,852 | -1.2% |
| Amounts receivable after more than one year | 29 | €148,493 | €139,276 | -€9,217 | -6.2% |
| Other amounts receivable | 291 | €148,493 | €139,276 | -€9,217 | -6.2% |
| Amounts receivable within one year | 40/41 | €9,504 | €13,633 | +€4,128 | +43.4% |
| Other amounts receivable | 41 | €9,504 | €13,633 | +€4,128 | +43.4% |
| Current investments | 50/53 | €86,762 | €95,997 | +€9,235 | +10.6% |
| Cash at bank and in hand | 54/58 | €74,177 | €66,142 | -€8,034 | -10.8% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,107 | +€36 | +3.3% |
| Total equity and liabilities | 10/49 | €1,777,040 | €1,726,803 | -€50,237 | -2.8% |
| Equity | 10/15 | €790,596 | €767,949 | -€22,647 | -2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €778,000 | €755,000 | -€23,000 | -3.0% |
| Tax-exempt reserves | 132 | €8,000 | €0 | -€8,000 | -100% |
| Distributable reserves | 133 | €770,000 | €755,000 | -€15,000 | -1.9% |
| Profit (loss) carried forward | 14 | €196 | €549 | +€353 | +180% |
| Amounts payable | 17/49 | €986,444 | €958,855 | -€27,590 | -2.8% |
| Amounts payable after more than one year | 17 | €809,809 | €809,809 | = | 0.0% |
| Financial debts | 170/4 | €809,809 | €809,809 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,007 | €337 | -€17,670 | -98.1% |
| Trade debts | 44 | - | €314 | +€314 | |
| Suppliers | 440/4 | - | €314 | +€314 | |
| Other amounts payable | 47/48 | €18,007 | €23 | -€17,984 | -99.9% |
| Accrued charges and deferred income | 492/3 | €158,628 | €148,709 | -€9,919 | -6.3% |
| Non-recurring operating income | 76A | €12,755 | - | -€12,755 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,339 | €46,384 | +€45 | +0.1% |
| Other operating charges | 640/8 | €8,029 | €7,184 | -€845 | -10.5% |
| Gross operating margin | 9900 | €43,113 | €30,962 | -€12,151 | -28.2% |
| Operating profit (loss) | 9901 | -€11,254 | -€22,606 | -€11,352 | -101% |
| Financial income | 75/76B | €5,675 | €9,380 | +€3,705 | +65.3% |
| Recurring financial income | 75 | €5,675 | €9,380 | +€3,705 | +65.3% |
| Financial charges | 65/66B | €31,753 | €9,421 | -€22,332 | -70.3% |
| Recurring financial charges | 65 | €31,753 | €9,421 | -€22,332 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | -€37,332 | -€22,647 | +€14,685 | +39.3% |
| Transfer from deferred taxes | 780 | €25,084 | €0 | -€25,084 | -100% |
| Income taxes | 67/77 | €1,221 | €0 | -€1,221 | -100% |
| Profit (loss) for the period | 9904 | -€13,469 | -€22,647 | -€9,178 | -68.1% |
| Transfer from tax-exempt reserves | 789 | €75,254 | €8,000 | -€67,254 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,785 | -€14,647 | -€76,432 |
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 23 October 2026 via checked.be.