PARTECA EUROPE: 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.
PARTECA EUROPE
Largest movements
- Financial fixed assets +€400,000
up €400,000 (+702%), from €57,000 to €457,000
- Receivables within one year -€180,522
down €180,522 (-96.5%), from €187,073 to €6,552
of which Other amounts receivable: -€180,522
- Cash -€18,899
down €18,899 (-86.5%), from €21,837 to €2,938
mainly Investment in fixed assets (net) (-€400,000) and Deferred charges and accrued income (-€2,906)
- Receivables after one year -€11,000
down €11,000 (-2.9%), from €375,000 to €364,000
- Other debts +€165,367
up €165,367 (+28.8%), from €573,519 to €738,886
- Profit (loss) carried forward +€19,903
up €19,903 (+132%), from €15,088 to €34,991
- Financial charges -€41,763
down €41,763 (-99.6%), from €41,933 to €170
- Financial income +€9,567
up €9,567 (+60.9%), from €15,709 to €25,276
- Gross operating margin -€7,752
down €7,752, from €3,220 to -€4,532
- Other operating charges +€198
up €198 (+42.0%), from €472 to €671
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 | €640,910 | €833,396 | +€192,485 | +30.0% |
| Fixed assets | 21/28 | €57,000 | €457,000 | +€400,000 | +702% |
| Financial fixed assets | 28 | €57,000 | €457,000 | +€400,000 | +702% |
| Current assets | 29/58 | €583,910 | €376,396 | -€207,515 | -35.5% |
| Amounts receivable after more than one year | 29 | €375,000 | €364,000 | -€11,000 | -2.9% |
| Other amounts receivable | 291 | €375,000 | €364,000 | -€11,000 | -2.9% |
| Amounts receivable within one year | 40/41 | €187,073 | €6,552 | -€180,522 | -96.5% |
| Trade receivables | 40 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 41 | €182,073 | €1,552 | -€180,522 | -99.1% |
| Cash at bank and in hand | 54/58 | €21,837 | €2,938 | -€18,899 | -86.5% |
| Deferred charges and accrued income | 490/1 | €0 | €2,906 | +€2,906 | |
| Total equity and liabilities | 10/49 | €640,910 | €833,396 | +€192,485 | +30.0% |
| Equity | 10/15 | €25,088 | €44,991 | +€19,903 | +79.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,088 | €34,991 | +€19,903 | +132% |
| Amounts payable | 17/49 | €615,822 | €788,405 | +€172,583 | +28.0% |
| Amounts payable within one year | 42/48 | €574,042 | €746,625 | +€172,583 | +30.1% |
| Trade debts | 44 | €523 | €7,739 | +€7,216 | +1,378% |
| Suppliers | 440/4 | €523 | €7,739 | +€7,216 | +1,378% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €573,519 | €738,886 | +€165,367 | +28.8% |
| Accrued charges and deferred income | 492/3 | €41,780 | €41,780 | = | 0.0% |
| Other operating charges | 640/8 | €472 | €671 | +€198 | +42.0% |
| Gross operating margin | 9900 | €3,220 | -€4,532 | -€7,752 | |
| Operating profit (loss) | 9901 | €2,747 | -€5,203 | -€7,950 | |
| Financial income | 75/76B | €15,709 | €25,276 | +€9,567 | +60.9% |
| Recurring financial income | 75 | €15,709 | €25,276 | +€9,567 | +60.9% |
| Financial charges | 65/66B | €41,933 | €170 | -€41,763 | -99.6% |
| Recurring financial charges | 65 | €41,933 | €170 | -€41,763 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,477 | €19,903 | +€43,380 | |
| Income taxes | 67/77 | -€6 | €0 | +€6 | |
| Profit (loss) for the period | 9904 | -€23,471 | €19,903 | +€43,373 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,471 | €19,903 | +€43,373 |
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 30 October 2026 via checked.be.