PARSEC: 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.
PARSEC
Largest movements
- Cash -€19,621
down €19,621 (-61.3%), from €32,018 to €12,397
mainly Net result for the year (-€16,972) and Investment in fixed assets (net) (-€8,770)
- Receivables within one year +€6,529
up €6,529 (+17.7%), from €36,819 to €43,348
of which Trade receivables: +€9,430
- Profit (loss) carried forward -€16,972
down €16,972 (-69.7%), from €24,341 to €7,369
- Other debts +€8,625
new in 2025: €8,625
- Debts after one year -€5,841
down €5,841 (-35.7%), from €16,342 to €10,501
- Tax, wage and social debts +€3,024
up €3,024 (+27.2%), from €11,128 to €14,152
of which Remuneration and social security: +€6,250
- Trade debts -€1,568
down €1,568 (-29.7%), from €5,282 to €3,714
- Gross operating margin -€31,788
down €31,788, from €28,283 to -€3,505
- Taxes -€3,905
down €3,905 (-94.7%), from €4,125 to €220
- Other operating charges -€1,854
down €1,854 (-36.1%), from €5,142 to €3,288
- Depreciation +€1,137
up €1,137 (+13.8%), from €8,242 to €9,379
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 | €97,194 | €84,262 | -€12,932 | -13.3% |
| Fixed assets | 21/28 | €26,599 | €25,990 | -€609 | -2.3% |
| Tangible fixed assets | 22/27 | €26,599 | €25,990 | -€609 | -2.3% |
| Plant, machinery and equipment | 23 | €5,317 | €11,019 | +€5,702 | +107% |
| Furniture and vehicles | 24 | - | €1,200 | +€1,200 | |
| Leasing and similar rights | 25 | €21,282 | €13,771 | -€7,511 | -35.3% |
| Current assets | 29/58 | €70,595 | €58,272 | -€12,323 | -17.5% |
| Amounts receivable within one year | 40/41 | €36,819 | €43,348 | +€6,529 | +17.7% |
| Trade receivables | 40 | €29,515 | €38,945 | +€9,430 | +31.9% |
| Other amounts receivable | 41 | €7,304 | €4,403 | -€2,901 | -39.7% |
| Cash at bank and in hand | 54/58 | €32,018 | €12,397 | -€19,621 | -61.3% |
| Deferred charges and accrued income | 490/1 | €1,758 | €2,527 | +€769 | +43.7% |
| Total equity and liabilities | 10/49 | €97,194 | €84,262 | -€12,932 | -13.3% |
| Equity | 10/15 | €58,401 | €41,429 | -€16,972 | -29.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €27,860 | €27,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,341 | €7,369 | -€16,972 | -69.7% |
| Amounts payable | 17/49 | €38,793 | €42,833 | +€4,040 | +10.4% |
| Amounts payable after more than one year | 17 | €16,342 | €10,501 | -€5,841 | -35.7% |
| Financial debts | 170/4 | €16,342 | €10,501 | -€5,841 | -35.7% |
| Amounts payable within one year | 42/48 | €22,251 | €32,332 | +€10,081 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €5,841 | €5,841 | = | 0.0% |
| Trade debts | 44 | €5,282 | €3,714 | -€1,568 | -29.7% |
| Suppliers | 440/4 | €5,282 | €3,714 | -€1,568 | -29.7% |
| Taxes, remuneration and social security | 45 | €11,128 | €14,152 | +€3,024 | +27.2% |
| Taxes | 450/3 | €11,128 | €7,902 | -€3,226 | -29.0% |
| Remuneration and social security | 454/9 | - | €6,250 | +€6,250 | |
| Other amounts payable | 47/48 | - | €8,625 | +€8,625 | |
| Accrued charges and deferred income | 492/3 | €200 | - | -€200 | |
| Non-recurring operating income | 76A | €3,298 | €2,755 | -€543 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,242 | €9,379 | +€1,137 | +13.8% |
| Other operating charges | 640/8 | €5,142 | €3,288 | -€1,854 | -36.1% |
| Gross operating margin | 9900 | €28,283 | -€3,505 | -€31,788 | |
| Operating profit (loss) | 9901 | €14,899 | -€16,172 | -€31,071 | |
| Financial income | 75/76B | €16 | €60 | +€44 | +275% |
| Recurring financial income | 75 | €16 | €60 | +€44 | +275% |
| Financial charges | 65/66B | €752 | €640 | -€112 | -14.9% |
| Recurring financial charges | 65 | €752 | €640 | -€112 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €14,163 | -€16,752 | -€30,915 | |
| Income taxes | 67/77 | €4,125 | €220 | -€3,905 | -94.7% |
| Profit (loss) for the period | 9904 | €10,038 | -€16,972 | -€27,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,038 | -€16,972 | -€27,010 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.