PARQUET PHILIPPE: what changed
PARQUET PHILIPPE
Largest movements
- Tangible fixed assets -€33,553
down €33,553 (-25.7%), from €130,478 to €96,924
of which Plant, machinery and equipment: -€18,291
- Cash -€7,884
down €7,884 (-45.5%), from €17,339 to €9,454
mainly Other debts (-€16,303) and Debts after one year (-€16,045)
- Receivables within one year +€7,436
up €7,436 (+123%), from €6,070 to €13,506
of which Other amounts receivable: +€11,417
- Stocks and contracts +€2,596
up €2,596 (+10.8%), from €24,058 to €26,654
- Other debts -€16,303
down €16,303 (-52.1%), from €31,279 to €14,976
- Debts after one year -€16,045
down €16,045 (-46.6%), from €34,424 to €18,379
- Reserves +€8,566
up €8,566 (+12.5%), from €68,667 to €77,233
- Trade debts -€7,347
down €7,347 (-75.4%), from €9,748 to €2,401
- Current portion of long-term debt -€1,896
down €1,896 (-10.6%), from €17,941 to €16,045
- Gross operating margin -€21,817
down €21,817 (-20.2%), from €108,201 to €86,384
- Staff costs -€13,699
down €13,699 (-27.7%), from €49,464 to €35,765
- Purchases and services -€8,831
down €8,831 (-3.7%), from €236,786 to €227,955
- Taxes -€5,355
down €5,355, from €5,173 to -€182
- Financial charges -€1,821
down €1,821 (-48.9%), from €3,728 to €1,907
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €180,981 | €148,098 | -€32,883 | -18.2% |
| Fixed assets | 21/28 | €130,478 | €96,924 | -€33,553 | -25.7% |
| Tangible fixed assets | 22/27 | €130,478 | €96,924 | -€33,553 | -25.7% |
| Plant, machinery and equipment | 23 | €81,871 | €63,580 | -€18,291 | -22.3% |
| Furniture and vehicles | 24 | €48,607 | €33,344 | -€15,262 | -31.4% |
| Current assets | 29/58 | €50,503 | €51,173 | +€670 | +1.3% |
| Stocks and contracts in progress | 3 | €24,058 | €26,654 | +€2,596 | +10.8% |
| Stocks | 30/36 | €24,058 | €26,654 | +€2,596 | +10.8% |
| Amounts receivable within one year | 40/41 | €6,070 | €13,506 | +€7,436 | +123% |
| Trade receivables | 40 | €3,981 | - | -€3,981 | |
| Other amounts receivable | 41 | €2,089 | €13,506 | +€11,417 | +546% |
| Cash at bank and in hand | 54/58 | €17,339 | €9,454 | -€7,884 | -45.5% |
| Deferred charges and accrued income | 490/1 | €3,037 | €1,559 | -€1,478 | -48.7% |
| Total equity and liabilities | 10/49 | €180,981 | €148,098 | -€32,883 | -18.2% |
| Equity | 10/15 | €87,267 | €95,833 | +€8,566 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,667 | €77,233 | +€8,566 | +12.5% |
| Distributable reserves | 133 | €68,667 | €77,233 | +€8,566 | +12.5% |
| Amounts payable | 17/49 | €93,714 | €52,265 | -€41,449 | -44.2% |
| Amounts payable after more than one year | 17 | €34,424 | €18,379 | -€16,045 | -46.6% |
| Financial debts | 170/4 | €34,424 | €18,379 | -€16,045 | -46.6% |
| Amounts payable within one year | 42/48 | €59,290 | €33,886 | -€25,405 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €17,941 | €16,045 | -€1,896 | -10.6% |
| Trade debts | 44 | €9,748 | €2,401 | -€7,347 | -75.4% |
| Suppliers | 440/4 | €9,748 | €2,401 | -€7,347 | -75.4% |
| Advances received on contracts in progress | 46 | - | €140 | +€140 | |
| Taxes, remuneration and social security | 45 | €322 | €324 | +€2 | +0.5% |
| Taxes | 450/3 | €322 | €276 | -€46 | -14.4% |
| Remuneration and social security | 454/9 | - | €48 | +€48 | |
| Other amounts payable | 47/48 | €31,279 | €14,976 | -€16,303 | -52.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €236,786 | €227,955 | -€8,831 | -3.7% |
| Remuneration, social security and pensions | 62 | €49,464 | €35,765 | -€13,699 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,396 | €38,324 | -€1,072 | -2.7% |
| Other operating charges | 640/8 | €1,093 | €2,146 | +€1,053 | +96.4% |
| Gross operating margin | 9900 | €108,201 | €86,384 | -€21,817 | -20.2% |
| Operating profit (loss) | 9901 | €18,247 | €10,149 | -€8,099 | -44.4% |
| Financial income | 75/76B | €315 | €142 | -€173 | -55.0% |
| Recurring financial income | 75 | €315 | €142 | -€173 | -55.0% |
| Financial charges | 65/66B | €3,728 | €1,907 | -€1,821 | -48.9% |
| Recurring financial charges | 65 | €3,728 | €1,907 | -€1,821 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €14,835 | €8,384 | -€6,451 | -43.5% |
| Income taxes | 67/77 | €5,173 | -€182 | -€5,355 | |
| Profit (loss) for the period | 9904 | €9,661 | €8,566 | -€1,095 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,661 | €8,566 | -€1,095 | -11.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.