PARS MOTORS: 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.
PARS MOTORS
Largest movements
- Cash -€207,209
down €207,209 (-59.2%), from €349,728 to €142,518
mainly Investment in fixed assets (net) (-€220,664) and Net result for the year (-€59,781)
- Tangible fixed assets +€170,903
up €170,903 (+124%), from €137,948 to €308,851
of which Other tangible fixed assets: +€121,705
- Receivables within one year +€6,420
up €6,420 (+12.0%), from €53,483 to €59,904
of which Trade receivables: +€4,696
- Reserves -€59,781
down €59,781 (-30.5%), from €196,310 to €136,529
- Trade debts +€49,827
up €49,827 (+107%), from €46,636 to €96,462
- Debts after one year -€22,173
down €22,173 (-12.4%), from €178,558 to €156,385
- Short-term financial debts -€10,000
no longer reported in 2025 (was €10,000)
- Accrued charges and deferred income +€7,747
up €7,747 (+200%), from €3,873 to €11,620
- Depreciation +€31,017
up €31,017 (+165%), from €18,744 to €49,761
- Staff costs +€28,927
up €28,927 (+42.9%), from €67,502 to €96,429
- Gross operating margin -€24,727
down €24,727 (-20.1%), from €123,114 to €98,387
- Taxes -€7,654
no longer reported in 2025 (was €7,654)
- Financial charges +€6,781
up €6,781 (+857%), from €791 to €7,573
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 | €571,865 | €539,355 | -€32,510 | -5.7% |
| Fixed assets | 21/28 | €137,948 | €308,851 | +€170,903 | +124% |
| Tangible fixed assets | 22/27 | €137,948 | €308,851 | +€170,903 | +124% |
| Plant, machinery and equipment | 23 | €110,309 | €161,237 | +€50,929 | +46.2% |
| Furniture and vehicles | 24 | €6,737 | €5,007 | -€1,730 | -25.7% |
| Other tangible fixed assets | 26 | €20,902 | €142,607 | +€121,705 | +582% |
| Current assets | 29/58 | €433,917 | €230,503 | -€203,414 | -46.9% |
| Stocks and contracts in progress | 3 | €18,150 | €18,150 | = | 0.0% |
| Stocks | 30/36 | €18,150 | €18,150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,483 | €59,904 | +€6,420 | +12.0% |
| Trade receivables | 40 | €50,579 | €55,275 | +€4,696 | +9.3% |
| Other amounts receivable | 41 | €2,905 | €4,629 | +€1,724 | +59.4% |
| Cash at bank and in hand | 54/58 | €349,728 | €142,518 | -€207,209 | -59.2% |
| Deferred charges and accrued income | 490/1 | €12,556 | €9,932 | -€2,624 | -20.9% |
| Total equity and liabilities | 10/49 | €571,865 | €539,355 | -€32,510 | -5.7% |
| Equity | 10/15 | €206,310 | €146,529 | -€59,781 | -29.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €196,310 | €136,529 | -€59,781 | -30.5% |
| Distributable reserves | 133 | €196,310 | €136,529 | -€59,781 | -30.5% |
| Amounts payable | 17/49 | €365,555 | €392,826 | +€27,271 | +7.5% |
| Amounts payable after more than one year | 17 | €178,558 | €156,385 | -€22,173 | -12.4% |
| Financial debts | 170/4 | €178,558 | €156,385 | -€22,173 | -12.4% |
| Amounts payable within one year | 42/48 | €183,124 | €224,821 | +€41,697 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €21,442 | €22,173 | +€731 | +3.4% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Other loans | 439 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €46,636 | €96,462 | +€49,827 | +107% |
| Suppliers | 440/4 | €46,636 | €96,462 | +€49,827 | +107% |
| Advances received on contracts in progress | 46 | €5,327 | - | -€5,327 | |
| Taxes, remuneration and social security | 45 | €11,509 | €16,700 | +€5,191 | +45.1% |
| Taxes | 450/3 | €8,088 | €10,949 | +€2,861 | +35.4% |
| Remuneration and social security | 454/9 | €3,421 | €5,751 | +€2,330 | +68.1% |
| Other amounts payable | 47/48 | €88,210 | €89,486 | +€1,276 | +1.4% |
| Accrued charges and deferred income | 492/3 | €3,873 | €11,620 | +€7,747 | +200% |
| Non-recurring operating income | 76A | €251 | €3,750 | +€3,499 | +1,397% |
| Remuneration, social security and pensions | 62 | €67,502 | €96,429 | +€28,927 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,744 | €49,761 | +€31,017 | +165% |
| Other operating charges | 640/8 | €2,910 | €6,745 | +€3,835 | +132% |
| Gross operating margin | 9900 | €123,114 | €98,387 | -€24,727 | -20.1% |
| Operating profit (loss) | 9901 | €33,959 | -€54,548 | -€88,507 | |
| Financial income | 75/76B | €9 | €2,339 | +€2,330 | +26,393% |
| Recurring financial income | 75 | €9 | €2,339 | +€2,330 | +26,393% |
| Financial charges | 65/66B | €791 | €7,573 | +€6,781 | +857% |
| Recurring financial charges | 65 | €791 | €7,573 | +€6,781 | +857% |
| Profit (loss) for the period before taxes | 9903 | €33,176 | -€59,781 | -€92,958 | |
| Income taxes | 67/77 | €7,654 | - | -€7,654 | |
| Profit (loss) for the period | 9904 | €25,522 | -€59,781 | -€85,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,522 | -€59,781 | -€85,303 |
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 28 October 2026 via checked.be.