PARMENTIER: 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.
PARMENTIER
Largest movements
- Cash +€216,605
up €216,605 (+21.9%), from €988,743 to €1.2m
mainly Net result for the year (+€353,735) and Stocks and contracts (+€64,631)
- Receivables within one year +€97,681
up €97,681 (+1,000%), from €9,764 to €107,445
of which Trade receivables: +€97,885
- Stocks and contracts -€64,631
down €64,631 (-64.2%), from €100,690 to €36,058
- Reserves +€347,652
up €347,652 (+39.5%), from €880,420 to €1.2m
of which Distributable reserves: +€347,652
- Tax, wage and social debts -€80,298
down €80,298 (-86.3%), from €93,048 to €12,751
- Trade debts -€16,788
down €16,788 (-15.3%), from €109,810 to €93,023
- Gross operating margin -€13,412
down €13,412 (-2.4%), from €565,155 to €551,743
- Taxes -€8,750
down €8,750 (-5.0%), from €173,826 to €165,077
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 | €1,101,870 | €1,352,437 | +€250,566 | +22.7% |
| Fixed assets | 21/28 | €2,674 | €3,585 | +€912 | +34.1% |
| Tangible fixed assets | 22/27 | €2,564 | €3,476 | +€912 | +35.6% |
| Plant, machinery and equipment | 23 | €2,564 | €3,476 | +€912 | +35.6% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €1,099,197 | €1,348,851 | +€249,655 | +22.7% |
| Stocks and contracts in progress | 3 | €100,690 | €36,058 | -€64,631 | -64.2% |
| Stocks | 30/36 | €100,690 | €36,058 | -€64,631 | -64.2% |
| Amounts receivable within one year | 40/41 | €9,764 | €107,445 | +€97,681 | +1,000% |
| Trade receivables | 40 | €9,560 | €107,445 | +€97,885 | +1,024% |
| Other amounts receivable | 41 | €204 | - | -€204 | |
| Cash at bank and in hand | 54/58 | €988,743 | €1,205,348 | +€216,605 | +21.9% |
| Total equity and liabilities | 10/49 | €1,101,870 | €1,352,437 | +€250,566 | +22.7% |
| Equity | 10/15 | €899,012 | €1,246,664 | +€347,652 | +38.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €880,420 | €1,228,072 | +€347,652 | +39.5% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €842,920 | €1,190,572 | +€347,652 | +41.2% |
| Amounts payable | 17/49 | €202,858 | €105,773 | -€97,085 | -47.9% |
| Amounts payable within one year | 42/48 | €202,858 | €105,773 | -€97,085 | -47.9% |
| Trade debts | 44 | €109,810 | €93,023 | -€16,788 | -15.3% |
| Suppliers | 440/4 | €109,810 | €93,023 | -€16,788 | -15.3% |
| Taxes, remuneration and social security | 45 | €93,048 | €12,751 | -€80,298 | -86.3% |
| Taxes | 450/3 | €93,048 | €12,751 | -€80,298 | -86.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €1,002 | +€383 | +61.8% |
| Other operating charges | 640/8 | €6,270 | €7,114 | +€844 | +13.5% |
| Gross operating margin | 9900 | €565,155 | €551,743 | -€13,412 | -2.4% |
| Operating profit (loss) | 9901 | €558,266 | €543,626 | -€14,639 | -2.6% |
| Financial income | 75/76B | €11 | €164 | +€153 | +1,418% |
| Recurring financial income | 75 | €11 | €164 | +€153 | +1,418% |
| Financial charges | 65/66B | €27,247 | €24,978 | -€2,268 | -8.3% |
| Recurring financial charges | 65 | €27,247 | €24,978 | -€2,268 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €531,030 | €518,812 | -€12,218 | -2.3% |
| Income taxes | 67/77 | €173,826 | €165,077 | -€8,750 | -5.0% |
| Profit (loss) for the period | 9904 | €357,204 | €353,735 | -€3,469 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €357,204 | €353,735 | -€3,469 | -1.0% |
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.