PARSELEC CONTRACTOR: 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.
PARSELEC CONTRACTOR
Largest movements
- Stocks and contracts +€606,958
new in 2025: €606,958
- Cash -€316,673
down €316,673 (-79.4%), from €398,704 to €82,030
mainly Stocks and contracts (-€606,958) and Receivables within one year (-€30,282)
- Receivables within one year +€30,282
up €30,282 (+96.6%), from €31,350 to €61,632
of which Trade receivables: +€36,128
- Other debts +€157,705
up €157,705 (+1,008%), from €15,649 to €173,354
- Debts after one year +€123,976
up €123,976 (+48.2%), from €257,295 to €381,271
- Trade debts +€22,643
up €22,643 (+460%), from €4,918 to €27,561
- Reserves +€10,455
up €10,455 (+91.4%), from €11,437 to €21,892
- Gross operating margin +€16,666
up €16,666 (+133%), from €12,540 to €29,207
- Taxes +€3,725
up €3,725 (+512%), from €728 to €4,453
- Financial charges +€1,386
up €1,386 (+22.2%), from €6,238 to €7,624
- Financial income -€1,045
down €1,045 (-38.5%), from €2,713 to €1,668
- Other operating charges -€819
down €819 (-25.2%), from €3,248 to €2,429
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 | €442,326 | €761,638 | +€319,312 | +72.2% |
| Fixed assets | 21/28 | €11,705 | €10,446 | -€1,259 | -10.8% |
| Tangible fixed assets | 22/27 | €11,655 | €10,396 | -€1,259 | -10.8% |
| Furniture and vehicles | 24 | €11,655 | €10,396 | -€1,259 | -10.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €430,621 | €751,192 | +€320,571 | +74.4% |
| Stocks and contracts in progress | 3 | - | €606,958 | +€606,958 | |
| Stocks | 30/36 | - | €606,958 | +€606,958 | |
| Amounts receivable within one year | 40/41 | €31,350 | €61,632 | +€30,282 | +96.6% |
| Trade receivables | 40 | €25,219 | €61,347 | +€36,128 | +143% |
| Other amounts receivable | 41 | €6,131 | €285 | -€5,846 | -95.4% |
| Cash at bank and in hand | 54/58 | €398,704 | €82,030 | -€316,673 | -79.4% |
| Deferred charges and accrued income | 490/1 | €567 | €572 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €442,326 | €761,638 | +€319,312 | +72.2% |
| Equity | 10/15 | €137,607 | €149,561 | +€11,954 | +8.7% |
| Reserves | 13 | €11,437 | €21,892 | +€10,455 | +91.4% |
| Distributable reserves | 133 | €11,437 | €21,892 | +€10,455 | +91.4% |
| Profit (loss) carried forward | 14 | €126,170 | €127,669 | +€1,500 | +1.2% |
| Amounts payable | 17/49 | €304,720 | €612,077 | +€307,357 | +101% |
| Amounts payable after more than one year | 17 | €257,295 | €381,271 | +€123,976 | +48.2% |
| Financial debts | 170/4 | €257,295 | €381,271 | +€123,976 | +48.2% |
| Amounts payable within one year | 42/48 | €47,122 | €229,768 | +€182,646 | +388% |
| Current portion of amounts payable after more than one year | 42 | €25,554 | €26,024 | +€470 | +1.8% |
| Financial debts | 43 | €1,000 | €1,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,000 | €1,000 | = | 0.0% |
| Trade debts | 44 | €4,918 | €27,561 | +€22,643 | +460% |
| Suppliers | 440/4 | €4,918 | €27,561 | +€22,643 | +460% |
| Taxes, remuneration and social security | 45 | - | €1,828 | +€1,828 | |
| Taxes | 450/3 | - | €1,828 | +€1,828 | |
| Other amounts payable | 47/48 | €15,649 | €173,354 | +€157,705 | +1,008% |
| Accrued charges and deferred income | 492/3 | €302 | €1,039 | +€736 | +244% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,328 | €4,415 | +€88 | +2.0% |
| Other operating charges | 640/8 | €3,248 | €2,429 | -€819 | -25.2% |
| Gross operating margin | 9900 | €12,540 | €29,207 | +€16,666 | +133% |
| Operating profit (loss) | 9901 | €4,965 | €22,363 | +€17,398 | +350% |
| Financial income | 75/76B | €2,713 | €1,668 | -€1,045 | -38.5% |
| Recurring financial income | 75 | €2,713 | €1,668 | -€1,045 | -38.5% |
| Financial charges | 65/66B | €6,238 | €7,624 | +€1,386 | +22.2% |
| Recurring financial charges | 65 | €6,238 | €7,624 | +€1,386 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €1,439 | €16,407 | +€14,967 | +1,040% |
| Income taxes | 67/77 | €728 | €4,453 | +€3,725 | +512% |
| Profit (loss) for the period | 9904 | €711 | €11,954 | +€11,243 | +1,580% |
| Profit (loss) for the period to be appropriated | 9905 | €711 | €11,954 | +€11,243 | +1,580% |
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 13 October 2026 via checked.be.