PARTECH: what changed
Two fiscal 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.
PARTECH
Largest movements
- Tangible fixed assets -€24,568
down €24,568 (-9.4%), from €261,444 to €236,876
- Cash +€10,774
up €10,774 (+1538.0%), from €701 to €11,475
mainly Depreciation (+€24,568) and Net result for the year (+€15,319)
- Receivables after one year +€4,918
up €4,918 (+8.1%), from €61,000 to €65,918
- Deferred charges and accrued income +€3,746
up €3,746 (+52.3%), from €7,167 to €10,913
- Tax, wage and social debts +€6,179
up €6,179 (+182.7%), from €3,383 to €9,562
- Debts after one year -€4,252
down €4,252 (-100.0%), from €4,252 to €0
- Current portion of long-term debt -€4,167
down €4,167 (-49.5%), from €8,419 to €4,252
- Gross operating margin +€10,761
up €10,761 (+35.6%), from €30,241 to €41,002
- Taxes +€4,235
up €4,235 (+193.9%), from €2,184 to €6,419
- Financial income +€2,811
up €2,811 (+107.4%), from €2,618 to €5,429
- Depreciation -€1,132
down €1,132 (-4.4%), from €25,701 to €24,568
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.
Cash bridge derived
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 | €339,063 | €333,747 | -€5,316 | -1.6% |
| Fixed assets | 21/28 | €261,469 | €236,901 | -€24,568 | -9.4% |
| Tangible fixed assets | 22/27 | €261,444 | €236,876 | -€24,568 | -9.4% |
| Land and buildings | 22 | €241,753 | €230,185 | -€11,568 | -4.8% |
| Plant, machinery and equipment | 23 | €720 | €0 | -€720 | -100.0% |
| Furniture and vehicles | 24 | €18,971 | €6,691 | -€12,281 | -64.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €77,594 | €96,846 | +€19,252 | +24.8% |
| Amounts receivable after more than one year | 29 | €61,000 | €65,918 | +€4,918 | +8.1% |
| Other amounts receivable | 291 | €61,000 | €65,918 | +€4,918 | +8.1% |
| Amounts receivable within one year | 40/41 | €8,727 | €8,541 | -€186 | -2.1% |
| Trade receivables | 40 | €8,727 | €8,541 | -€186 | -2.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €701 | €11,475 | +€10,774 | +1538.0% |
| Deferred charges and accrued income | 490/1 | €7,167 | €10,913 | +€3,746 | +52.3% |
| Total equity and liabilities | 10/49 | €339,063 | €333,747 | -€5,316 | -1.6% |
| Equity | 10/15 | €234,227 | €234,504 | +€277 | +0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €173,670 | €175,970 | +€2,300 | +1.3% |
| Distributable reserves | 133 | €173,670 | €175,970 | +€2,300 | +1.3% |
| Profit (loss) carried forward | 14 | €701 | €720 | +€19 | +2.8% |
| Investment grants | 15 | €39,856 | €37,814 | -€2,042 | -5.1% |
| Provisions and deferred taxes | 16 | €86,045 | €84,993 | -€1,052 | -1.2% |
| Provisions for liabilities and charges | 160/5 | €65,509 | €65,509 | = | 0.0% |
| Pensions and similar obligations | 160 | €65,509 | €65,509 | = | 0.0% |
| Deferred taxes | 168 | €20,536 | €19,485 | -€1,052 | -5.1% |
| Amounts payable | 17/49 | €18,791 | €14,249 | -€4,542 | -24.2% |
| Amounts payable after more than one year | 17 | €4,252 | €0 | -€4,252 | -100.0% |
| Financial debts | 170/4 | €4,252 | €0 | -€4,252 | -100.0% |
| Amounts payable within one year | 42/48 | €14,539 | €14,249 | -€290 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €8,419 | €4,252 | -€4,167 | -49.5% |
| Financial debts | 43 | €2,000 | €0 | -€2,000 | -100.0% |
| Credit institutions | 430/8 | €2,000 | €0 | -€2,000 | -100.0% |
| Trade debts | 44 | €737 | €435 | -€302 | -41.0% |
| Suppliers | 440/4 | €737 | €435 | -€302 | -41.0% |
| Taxes, remuneration and social security | 45 | €3,383 | €9,562 | +€6,179 | +182.7% |
| Taxes | 450/3 | €3,383 | €9,562 | +€6,179 | +182.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,701 | €24,568 | -€1,132 | -4.4% |
| Other operating charges | 640/8 | €1,293 | €926 | -€367 | -28.4% |
| Gross operating margin | 9900 | €30,241 | €41,002 | +€10,761 | +35.6% |
| Operating profit (loss) | 9901 | €3,248 | €15,508 | +€12,261 | +377.5% |
| Financial income | 75/76B | €2,618 | €5,429 | +€2,811 | +107.4% |
| Recurring financial income | 75 | €2,618 | €5,429 | +€2,811 | +107.4% |
| Financial charges | 65/66B | €653 | €250 | -€403 | -61.7% |
| Recurring financial charges | 65 | €653 | €250 | -€403 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €5,212 | €20,687 | +€15,475 | +296.9% |
| Transfer from deferred taxes | 780 | €1,052 | €1,052 | = | 0.0% |
| Income taxes | 67/77 | €2,184 | €6,419 | +€4,235 | +193.9% |
| Profit (loss) for the period | 9904 | €4,080 | €15,319 | +€11,239 | +275.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,080 | €15,319 | +€11,239 | +275.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.