PARSDANESH: what changed
Two fiscal 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.
PARSDANESH
Largest movements
- Stocks and contracts -€24,251
down €24,251 (-31.8%), from €76,378 to €52,126
- Cash +€11,431
up €11,431 (+104.9%), from €10,893 to €22,324
mainly Stocks and contracts (+€24,251) and Net result for the year (+€9,894)
- Tangible fixed assets +€3,936
up €3,936 (+35.4%), from €11,111 to €15,047
of which Plant, machinery and equipment: +€7,860
- Receivables within one year -€3,790
down €3,790 (-8.9%), from €42,616 to €38,826
of which Other amounts receivable: -€3,790
- Deferred charges and accrued income -€2,416
no longer reported in 2025 (was €2,416)
- Trade debts -€25,452
down €25,452 (-47.4%), from €53,685 to €28,232
- Profit (loss) carried forward +€9,894
up €9,894 (+48.3%), from €20,480 to €30,374
- Gross operating margin -€19,658
down €19,658 (-31.9%), from €61,623 to €41,966
- Depreciation -€15,405
down €15,405 (-74.3%), from €20,725 to €5,319
- Staff costs -€15,398
down €15,398 (-42.4%), from €36,329 to €20,931
- Financial charges -€6,544
down €6,544 (-98.3%), from €6,658 to €114
- Taxes +€4,494
up €4,494 (+7349.2%), from €61 to €4,555
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.
Cash bridge derived
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 | €146,113 | €131,273 | -€14,840 | -10.2% |
| Fixed assets | 21/28 | €13,811 | €17,997 | +€4,186 | +30.3% |
| Tangible fixed assets | 22/27 | €11,111 | €15,047 | +€3,936 | +35.4% |
| Plant, machinery and equipment | 23 | - | €7,860 | +€7,860 | |
| Furniture and vehicles | 24 | €11,111 | €7,186 | -€3,925 | -35.3% |
| Financial fixed assets | 28 | €2,700 | €2,950 | +€250 | +9.3% |
| Current assets | 29/58 | €132,302 | €113,277 | -€19,026 | -14.4% |
| Stocks and contracts in progress | 3 | €76,378 | €52,126 | -€24,251 | -31.8% |
| Stocks | 30/36 | €76,378 | €52,126 | -€24,251 | -31.8% |
| Amounts receivable within one year | 40/41 | €42,616 | €38,826 | -€3,790 | -8.9% |
| Trade receivables | 40 | €11,240 | €11,240 | = | 0.0% |
| Other amounts receivable | 41 | €31,376 | €27,587 | -€3,790 | -12.1% |
| Cash at bank and in hand | 54/58 | €10,893 | €22,324 | +€11,431 | +104.9% |
| Deferred charges and accrued income | 490/1 | €2,416 | - | -€2,416 | |
| Total equity and liabilities | 10/49 | €146,113 | €131,273 | -€14,840 | -10.2% |
| Equity | 10/15 | €75,480 | €85,374 | +€9,894 | +13.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | - | €50,000 | +€50,000 | |
| Issued capital | 100 | - | €50,000 | +€50,000 | |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | - | €5,000 | +€5,000 | |
| Other | 1319 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €20,480 | €30,374 | +€9,894 | +48.3% |
| Amounts payable | 17/49 | €70,633 | €45,899 | -€24,734 | -35.0% |
| Amounts payable within one year | 42/48 | €70,633 | €45,899 | -€24,734 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €3,500 | €3,500 | = | 0.0% |
| Trade debts | 44 | €53,685 | €28,232 | -€25,452 | -47.4% |
| Suppliers | 440/4 | €53,685 | €28,232 | -€25,452 | -47.4% |
| Advances received on contracts in progress | 46 | €13,448 | €13,448 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €718 | +€718 | |
| Remuneration and social security | 454/9 | - | €718 | +€718 | |
| Remuneration, social security and pensions | 62 | €36,329 | €20,931 | -€15,398 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,725 | €5,319 | -€15,405 | -74.3% |
| Other operating charges | 640/8 | €1,192 | €1,600 | +€408 | +34.3% |
| Gross operating margin | 9900 | €61,623 | €41,966 | -€19,658 | -31.9% |
| Operating profit (loss) | 9901 | €3,377 | €14,115 | +€10,738 | +318.0% |
| Financial income | 75/76B | €198 | €448 | +€250 | +126.5% |
| Recurring financial income | 75 | €198 | €448 | +€250 | +126.5% |
| Financial charges | 65/66B | €6,658 | €114 | -€6,544 | -98.3% |
| Recurring financial charges | 65 | €6,658 | €114 | -€6,544 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,083 | €14,449 | +€17,532 | |
| Income taxes | 67/77 | €61 | €4,555 | +€4,494 | +7349.2% |
| Profit (loss) for the period | 9904 | -€3,144 | €9,894 | +€13,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,144 | €9,894 | +€13,038 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.