PARMITH: 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.
PARMITH
Largest movements
- Intangible fixed assets -€2,000
down €2,000 (-16.7%), from €12,000 to €10,000
- Stocks and contracts +€1,606
up €1,606 (+11.3%), from €14,208 to €15,814
- Cash -€560
down €560 (-25.3%), from €2,216 to €1,656
mainly Trade debts (-€2,222) and Stocks and contracts (-€1,606)
- Receivables within one year +€327
up €327 (+24.2%), from €1,351 to €1,678
- Trade debts -€2,222
down €2,222 (-69.0%), from €3,221 to €999
- Profit (loss) carried forward +€1,574
up €1,574 (+13.4%), from €11,735 to €13,309
- Purchases and services +€20,224
up €20,224 (+9.8%), from €206,823 to €227,048
- Turnover +€10,724
up €10,724 (+4.8%), from €221,752 to €232,476
- Gross operating margin -€9,501
down €9,501 (-63.6%), from €14,928 to €5,428
- Staff costs -€6,965
no longer reported in 2024 (was €6,965)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,775 | €29,148 | -€627 | -2.1% |
| Fixed assets | 21/28 | €12,000 | €10,000 | -€2,000 | -16.7% |
| Intangible fixed assets | 21 | €12,000 | €10,000 | -€2,000 | -16.7% |
| Current assets | 29/58 | €17,775 | €19,148 | +€1,373 | +7.7% |
| Stocks and contracts in progress | 3 | €14,208 | €15,814 | +€1,606 | +11.3% |
| Stocks | 30/36 | €14,208 | €15,814 | +€1,606 | +11.3% |
| Amounts receivable within one year | 40/41 | €1,351 | €1,678 | +€327 | +24.2% |
| Other amounts receivable | 41 | €1,351 | €1,678 | +€327 | +24.2% |
| Cash at bank and in hand | 54/58 | €2,216 | €1,656 | -€560 | -25.3% |
| Total equity and liabilities | 10/49 | €29,775 | €29,148 | -€627 | -2.1% |
| Equity | 10/15 | €25,524 | €27,097 | +€1,574 | +6.2% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €1,789 | €1,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,789 | €1,789 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,789 | €1,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,735 | €13,309 | +€1,574 | +13.4% |
| Amounts payable | 17/49 | €4,252 | €2,051 | -€2,201 | -51.8% |
| Amounts payable within one year | 42/48 | €4,252 | €2,051 | -€2,201 | -51.8% |
| Trade debts | 44 | €3,221 | €999 | -€2,222 | -69.0% |
| Suppliers | 440/4 | €3,221 | €999 | -€2,222 | -69.0% |
| Other amounts payable | 47/48 | €1,031 | €1,052 | +€21 | +2.0% |
| Turnover | 70 | €221,752 | €232,476 | +€10,724 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €206,823 | €227,048 | +€20,224 | +9.8% |
| Remuneration, social security and pensions | 62 | €6,965 | - | -€6,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,349 | €1,200 | -€1,149 | -48.9% |
| Gross operating margin | 9900 | €14,928 | €5,428 | -€9,501 | -63.6% |
| Operating profit (loss) | 9901 | €3,614 | €2,228 | -€1,386 | -38.4% |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €153 | €153 | +€0 | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €3,516 | €2,074 | -€1,441 | -41.0% |
| Income taxes | 67/77 | €455 | €501 | +€45 | +10.0% |
| Profit (loss) for the period | 9904 | €3,060 | €1,574 | -€1,487 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,060 | €1,574 | -€1,487 | -48.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.