PARTECK: 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.
PARTECK
Largest movements
- Deferred charges and accrued income +€27,792
up €27,792 (+578.9%), from €4,801 to €32,593
- Receivables within one year -€26,704
down €26,704 (-82.1%), from €32,520 to €5,816
- Trade debts -€88,201
down €88,201 (-99.3%), from €88,838 to €637
- Profit (loss) carried forward +€68,082
up €68,082, from -€50,200 to €17,882
- Other debts +€32,624
up €32,624 (+8.7%), from €373,277 to €405,901
- Tax, wage and social debts -€23,449
down €23,449 (-60.1%), from €39,014 to €15,566
- Gross operating margin +€133,794
up €133,794 (+224.6%), from €59,573 to €193,367
- Depreciation +€39,100
up €39,100 (+104.2%), from €37,517 to €76,618
- Financial charges +€2,061
up €2,061 (+5.6%), from €36,976 to €39,037
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 | €1,807,248 | €1,809,086 | +€1,837 | +0.1% |
| Fixed assets | 21/28 | €1,743,703 | €1,755,140 | +€11,438 | +0.7% |
| Tangible fixed assets | 22/27 | €1,743,703 | €1,755,140 | +€11,438 | +0.7% |
| Land and buildings | 22 | €703,027 | €1,744,550 | +€1.0m | +148.1% |
| Furniture and vehicles | 24 | €11,055 | €10,590 | -€464 | -4.2% |
| Assets under construction and advance payments | 27 | €1,029,621 | - | -€1.0m | |
| Current assets | 29/58 | €63,546 | €53,945 | -€9,600 | -15.1% |
| Amounts receivable within one year | 40/41 | €32,520 | €5,816 | -€26,704 | -82.1% |
| Trade receivables | 40 | €32,520 | €5,816 | -€26,704 | -82.1% |
| Cash at bank and in hand | 54/58 | €26,225 | €15,536 | -€10,689 | -40.8% |
| Deferred charges and accrued income | 490/1 | €4,801 | €32,593 | +€27,792 | +578.9% |
| Total equity and liabilities | 10/49 | €1,807,248 | €1,809,086 | +€1,837 | +0.1% |
| Equity | 10/15 | €124,777 | €192,859 | +€68,082 | +54.6% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 0.0% |
| Capital | 10 | €130,144 | €130,144 | = | 0.0% |
| Issued capital | 100 | €130,144 | €130,144 | = | 0.0% |
| Reserves | 13 | €44,833 | €44,833 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,014 | €13,014 | = | 0.0% |
| Legal reserve | 130 | €13,014 | €13,014 | = | 0.0% |
| Distributable reserves | 133 | €31,818 | €31,818 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,200 | €17,882 | +€68,082 | |
| Amounts payable | 17/49 | €1,682,471 | €1,616,227 | -€66,245 | -3.9% |
| Amounts payable after more than one year | 17 | €1,150,000 | €1,150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,150,000 | €1,150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €501,129 | €422,104 | -€79,026 | -15.8% |
| Trade debts | 44 | €88,838 | €637 | -€88,201 | -99.3% |
| Suppliers | 440/4 | €88,838 | €637 | -€88,201 | -99.3% |
| Taxes, remuneration and social security | 45 | €39,014 | €15,566 | -€23,449 | -60.1% |
| Taxes | 450/3 | €39,014 | €15,566 | -€23,449 | -60.1% |
| Other amounts payable | 47/48 | €373,277 | €405,901 | +€32,624 | +8.7% |
| Accrued charges and deferred income | 492/3 | €31,342 | €44,123 | +€12,781 | +40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,517 | €76,618 | +€39,100 | +104.2% |
| Other operating charges | 640/8 | €9,182 | €8,610 | -€572 | -6.2% |
| Gross operating margin | 9900 | €59,573 | €193,367 | +€133,794 | +224.6% |
| Operating profit (loss) | 9901 | €12,873 | €108,139 | +€95,266 | +740.0% |
| Financial income | 75/76B | €583 | €5 | -€578 | -99.1% |
| Recurring financial income | 75 | €583 | €5 | -€578 | -99.1% |
| Financial charges | 65/66B | €36,976 | €39,037 | +€2,061 | +5.6% |
| Recurring financial charges | 65 | €36,976 | €39,037 | +€2,061 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,521 | €69,107 | +€92,628 | |
| Income taxes | 67/77 | €556 | €1,025 | +€469 | +84.3% |
| Profit (loss) for the period | 9904 | -€24,077 | €68,082 | +€92,159 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,077 | €68,082 | +€92,159 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.