PARSIFAL: 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.
PARSIFAL
Largest movements
- Receivables within one year -€2,258
no longer reported in 2025 (was €2,258)
of which Trade receivables: -€2,258
- Deferred charges and accrued income -€1,856
no longer reported in 2025 (was €1,856)
- Cash -€872
down €872 (-31.1%), from €2,804 to €1,932
mainly Other debts (-€6,670) and Investment in fixed assets (net) (-€791)
- Other debts -€6,670
down €6,670 (-20.6%), from €32,383 to €25,713
- Trade debts +€1,268
up €1,268 (+454%), from €280 to €1,548
- Tax, wage and social debts +€1,006
up €1,006 (+291%), from €346 to €1,352
- Reserves -€620
no longer reported in 2025 (was €620)
- Write-downs -€15,000
no longer reported in 2025 (was €15,000)
- Gross operating margin +€6,280
up €6,280, from -€3,063 to €3,217
- Financial charges -€950
down €950 (-37.5%), from €2,533 to €1,583
- Financial income -€216
down €216 (-99.1%), from €218 to €2
- Other operating charges +€110
up €110 (+14.2%), from €772 to €882
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 | €55,958 | €50,795 | -€5,163 | -9.2% |
| Fixed assets | 21/28 | €3,048 | €3,072 | +€24 | +0.8% |
| Intangible fixed assets | 21 | €1,607 | €1,087 | -€520 | -32.4% |
| Tangible fixed assets | 22/27 | €201 | €746 | +€545 | +271% |
| Furniture and vehicles | 24 | €201 | €746 | +€545 | +271% |
| Financial fixed assets | 28 | €1,239 | €1,239 | -€0 | 0.0% |
| Current assets | 29/58 | €52,911 | €47,723 | -€5,188 | -9.8% |
| Stocks and contracts in progress | 3 | €45,992 | €45,791 | -€201 | -0.4% |
| Stocks | 30/36 | €45,992 | €45,791 | -€201 | -0.4% |
| Amounts receivable within one year | 40/41 | €2,258 | - | -€2,258 | |
| Trade receivables | 40 | €2,258 | - | -€2,258 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,804 | €1,932 | -€872 | -31.1% |
| Deferred charges and accrued income | 490/1 | €1,856 | - | -€1,856 | |
| Total equity and liabilities | 10/49 | €55,958 | €50,795 | -€5,163 | -9.2% |
| Equity | 10/15 | €22,560 | €22,182 | -€378 | -1.7% |
| Contributions | 10/11 | €418,592 | €418,592 | -€0 | 0.0% |
| Reserves | 13 | €620 | - | -€620 | |
| Distributable reserves | 133 | €620 | - | -€620 | |
| Profit (loss) carried forward | 14 | -€396,652 | -€396,410 | +€242 | +0.1% |
| Amounts payable | 17/49 | €33,399 | €28,613 | -€4,786 | -14.3% |
| Amounts payable within one year | 42/48 | €33,040 | €28,613 | -€4,427 | -13.4% |
| Trade debts | 44 | €280 | €1,548 | +€1,268 | +454% |
| Suppliers | 440/4 | €280 | €1,548 | +€1,268 | +454% |
| Advances received on contracts in progress | 46 | €31 | - | -€31 | |
| Taxes, remuneration and social security | 45 | €346 | €1,352 | +€1,006 | +291% |
| Taxes | 450/3 | €346 | €1,352 | +€1,006 | +291% |
| Other amounts payable | 47/48 | €32,383 | €25,713 | -€6,670 | -20.6% |
| Accrued charges and deferred income | 492/3 | €359 | - | -€359 | |
| Non-recurring operating income | 76A | - | €2,715 | +€2,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €864 | €767 | -€97 | -11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,000 | - | -€15,000 | |
| Other operating charges | 640/8 | €772 | €882 | +€110 | +14.2% |
| Non-recurring operating charges | 66A | - | €201 | +€201 | |
| Gross operating margin | 9900 | -€3,063 | €3,217 | +€6,280 | |
| Operating profit (loss) | 9901 | -€19,699 | €1,367 | +€21,066 | |
| Financial income | 75/76B | €218 | €2 | -€216 | -99.1% |
| Recurring financial income | 75 | €218 | €2 | -€216 | -99.1% |
| Financial charges | 65/66B | €2,533 | €1,583 | -€950 | -37.5% |
| Recurring financial charges | 65 | €2,533 | €1,583 | -€950 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,014 | -€214 | +€21,800 | +99.0% |
| Income taxes | 67/77 | €163 | €164 | +€1 | +0.7% |
| Profit (loss) for the period | 9904 | -€22,177 | -€378 | +€21,799 | +98.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,177 | -€378 | +€21,799 | +98.3% |
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 27 October 2026 via checked.be.