PARTEK: 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.
PARTEK
Largest movements
- Receivables within one year +€106,003
up €106,003 (+37.7%), from €280,927 to €386,931
of which Trade receivables: +€114,026
- Cash +€88,836
up €88,836 (+123%), from €71,983 to €160,818
mainly Tax, wage and social debts (+€105,518) and Trade debts (+€64,380)
- Tangible fixed assets -€27,642
down €27,642 (-5.2%), from €535,581 to €507,939
of which Land and buildings: -€18,416
- Stocks and contracts -€26,806
down €26,806 (-5.3%), from €504,664 to €477,857
of which Contracts in progress: -€21,842
- Tax, wage and social debts +€105,518
up €105,518 (+595%), from €17,748 to €123,266
- Trade debts +€64,380
up €64,380 (+12.3%), from €524,268 to €588,648
- Debts after one year -€19,545
down €19,545 (-3.7%), from €528,712 to €509,167
of which Financial debts: -€19,545
- Gross operating margin +€50,846
up €50,846 (+1,063%), from €4,785 to €55,630
- Depreciation +€11,118
up €11,118 (+62.6%), from €17,747 to €28,865
- Financial charges +€8,188
up €8,188 (+73.4%), from €11,157 to €19,345
- Other operating charges +€4,919
up €4,919 (+196%), from €2,514 to €7,433
- Financial income -€3,280
down €3,280 (-89.8%), from €3,650 to €371
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 | €1,400,714 | €1,546,559 | +€145,845 | +10.4% |
| Fixed assets | 21/28 | €537,109 | €513,231 | -€23,878 | -4.4% |
| Intangible fixed assets | 21 | €1,528 | €5,292 | +€3,764 | +246% |
| Tangible fixed assets | 22/27 | €535,581 | €507,939 | -€27,642 | -5.2% |
| Land and buildings | 22 | €514,604 | €496,188 | -€18,416 | -3.6% |
| Plant, machinery and equipment | 23 | €16,242 | €8,694 | -€7,548 | -46.5% |
| Furniture and vehicles | 24 | €4,735 | €3,058 | -€1,677 | -35.4% |
| Current assets | 29/58 | €863,605 | €1,033,328 | +€169,723 | +19.7% |
| Stocks and contracts in progress | 3 | €504,664 | €477,857 | -€26,806 | -5.3% |
| Stocks | 30/36 | €120,960 | €115,996 | -€4,965 | -4.1% |
| Contracts in progress | 37 | €383,703 | €361,861 | -€21,842 | -5.7% |
| Amounts receivable within one year | 40/41 | €280,927 | €386,931 | +€106,003 | +37.7% |
| Trade receivables | 40 | €246,998 | €361,024 | +€114,026 | +46.2% |
| Other amounts receivable | 41 | €33,929 | €25,907 | -€8,023 | -23.6% |
| Cash at bank and in hand | 54/58 | €71,983 | €160,818 | +€88,836 | +123% |
| Deferred charges and accrued income | 490/1 | €6,032 | €7,722 | +€1,690 | +28.0% |
| Total equity and liabilities | 10/49 | €1,400,714 | €1,546,559 | +€145,845 | +10.4% |
| Equity | 10/15 | €177,840 | €178,198 | +€358 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €157,840 | €158,198 | +€358 | +0.2% |
| Distributable reserves | 133 | €157,840 | €158,198 | +€358 | +0.2% |
| Amounts payable | 17/49 | €1,222,874 | €1,368,361 | +€145,487 | +11.9% |
| Amounts payable after more than one year | 17 | €528,712 | €509,167 | -€19,545 | -3.7% |
| Financial debts | 170/4 | €328,712 | €309,167 | -€19,545 | -5.9% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €691,816 | €855,631 | +€163,814 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €20,957 | €19,545 | -€1,412 | -6.7% |
| Trade debts | 44 | €524,268 | €588,648 | +€64,380 | +12.3% |
| Suppliers | 440/4 | €524,268 | €588,648 | +€64,380 | +12.3% |
| Advances received on contracts in progress | 46 | €63,761 | €59,089 | -€4,672 | -7.3% |
| Taxes, remuneration and social security | 45 | €17,748 | €123,266 | +€105,518 | +595% |
| Taxes | 450/3 | €17,748 | €123,266 | +€105,518 | +595% |
| Other amounts payable | 47/48 | €65,083 | €65,083 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,346 | €3,564 | +€1,217 | +51.9% |
| Non-recurring operating income | 76A | €2 | €0 | -€2 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,747 | €28,865 | +€11,118 | +62.6% |
| Other operating charges | 640/8 | €2,514 | €7,433 | +€4,919 | +196% |
| Gross operating margin | 9900 | €4,785 | €55,630 | +€50,846 | +1,063% |
| Operating profit (loss) | 9901 | -€15,476 | €19,332 | +€34,808 | |
| Financial income | 75/76B | €3,650 | €371 | -€3,280 | -89.8% |
| Recurring financial income | 75 | €3,650 | €371 | -€3,280 | -89.8% |
| Financial charges | 65/66B | €11,157 | €19,345 | +€8,188 | +73.4% |
| Recurring financial charges | 65 | €11,157 | €19,345 | +€8,188 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,983 | €358 | +€23,341 | |
| Profit (loss) for the period | 9904 | -€22,983 | €358 | +€23,341 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,983 | €358 | +€23,341 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.