PARSEH: 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.
PARSEH
Largest movements
- Receivables within one year -€2,514
down €2,514 (-23.9%), from €10,500 to €7,985
of which Other amounts receivable: -€3,198
- Tangible fixed assets +€1,429
up €1,429 (+111%), from €1,288 to €2,716
of which Furniture and vehicles: +€1,621
- Cash +€719
up €719 (+13.0%), from €5,535 to €6,254
mainly Tax, wage and social debts (+€3,972) and Receivables within one year (+€2,514)
- Reserves +€5,729
up €5,729 (+1,143%), from €501 to €6,230
of which Distributable reserves: +€5,729
- Profit (loss) carried forward -€4,830
no longer reported in 2025 (was €4,830)
- Tax, wage and social debts +€3,972
up €3,972 (+104%), from €3,815 to €7,787
of which Remuneration and social security: +€3,082
- Other debts -€2,949
down €2,949 (-37.4%), from €7,879 to €4,931
- Trade debts -€2,023
down €2,023 (-19.7%), from €10,257 to €8,234
- Gross operating margin -€5,324
down €5,324 (-8.7%), from €60,951 to €55,628
- Staff costs +€1,248
up €1,248 (+2.5%), from €50,528 to €51,777
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 | €39,683 | €39,582 | -€101 | -0.3% |
| Fixed assets | 21/28 | €23,648 | €25,077 | +€1,429 | +6.0% |
| Tangible fixed assets | 22/27 | €1,288 | €2,716 | +€1,429 | +111% |
| Furniture and vehicles | 24 | €985 | €2,606 | +€1,621 | +165% |
| Leasing and similar rights | 25 | €303 | €110 | -€193 | -63.6% |
| Financial fixed assets | 28 | €22,360 | €22,360 | = | 0.0% |
| Current assets | 29/58 | €16,035 | €14,505 | -€1,529 | -9.5% |
| Amounts receivable within one year | 40/41 | €10,500 | €7,985 | -€2,514 | -23.9% |
| Trade receivables | 40 | €6,412 | €7,095 | +€684 | +10.7% |
| Other amounts receivable | 41 | €4,088 | €890 | -€3,198 | -78.2% |
| Cash at bank and in hand | 54/58 | €5,535 | €6,254 | +€719 | +13.0% |
| Deferred charges and accrued income | 490/1 | - | €266 | +€266 | |
| Total equity and liabilities | 10/49 | €39,683 | €39,582 | -€101 | -0.3% |
| Equity | 10/15 | €17,731 | €18,630 | +€898 | +5.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €501 | €6,230 | +€5,729 | +1,143% |
| Non-distributable reserves | 130/1 | €501 | €501 | = | 0.0% |
| Reserves not available under the articles | 1311 | €501 | €501 | = | 0.0% |
| Distributable reserves | 133 | - | €5,729 | +€5,729 | |
| Profit (loss) carried forward | 14 | €4,830 | - | -€4,830 | |
| Amounts payable | 17/49 | €21,951 | €20,952 | -€999 | -4.6% |
| Amounts payable within one year | 42/48 | €21,951 | €20,952 | -€999 | -4.6% |
| Trade debts | 44 | €10,257 | €8,234 | -€2,023 | -19.7% |
| Suppliers | 440/4 | €10,257 | €8,234 | -€2,023 | -19.7% |
| Taxes, remuneration and social security | 45 | €3,815 | €7,787 | +€3,972 | +104% |
| Taxes | 450/3 | €576 | €1,466 | +€890 | +155% |
| Remuneration and social security | 454/9 | €3,239 | €6,321 | +€3,082 | +95.1% |
| Other amounts payable | 47/48 | €7,879 | €4,931 | -€2,949 | -37.4% |
| Remuneration, social security and pensions | 62 | €50,528 | €51,777 | +€1,248 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €457 | €688 | +€231 | +50.5% |
| Other operating charges | 640/8 | €1,150 | €723 | -€427 | -37.1% |
| Non-recurring operating charges | 66A | €2,882 | - | -€2,882 | |
| Gross operating margin | 9900 | €60,951 | €55,628 | -€5,324 | -8.7% |
| Operating profit (loss) | 9901 | €5,934 | €2,440 | -€3,494 | -58.9% |
| Financial income | 75/76B | €0 | €5 | +€5 | +50,000% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +50,000% |
| Financial charges | 65/66B | €537 | €656 | +€119 | +22.2% |
| Recurring financial charges | 65 | €537 | €656 | +€119 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €5,397 | €1,789 | -€3,608 | -66.9% |
| Income taxes | 67/77 | €615 | €890 | +€276 | +44.9% |
| Profit (loss) for the period | 9904 | €4,782 | €898 | -€3,884 | -81.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,782 | €898 | -€3,884 | -81.2% |
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 18 October 2026 via checked.be.