PARTH: 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.
What changed
PARTH
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€670,708
2024 · -€4,416-€666,291
Equity
-€8.9m
2024 · -€8.3m-€670,708
Cash
€14,766
2024 · €11,704+€3,062
Balance sheet total
€4.9m
2024 · €5.6m-€672,166
Largest movements
Assets
- Deferred charges and accrued income -€365,862
down €365,862 (-98.3%), from €372,362 to €6,500
- Stocks and contracts -€304,622
no longer reported in 2025 (was €304,622)
Equity and liabilities
- Other debts +€963,329
up €963,329 (+8.4%), from €11.5m to €12.4m
- Debts after one year -€962,557
down €962,557 (-40.0%), from €2.4m to €1.4m
of which Other amounts payable: -€962,557
- Profit (loss) carried forward -€670,708
down €670,708 (-6.0%), from -€11.2m to -€11.9m
Income statement
- Financial charges +€374,025
up €374,025 (+78,486%), from €477 to €374,501
- Gross operating margin -€281,904
down €281,904, from €10,316 to -€271,588
- Taxes +€9,871
new in 2025: €9,871
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.
Result 2024
-€4,416
Gross operating margin
-€281,904
Depreciation
-€98
Other operating charges
-€394
Financial charges
-€374,025
Taxes
-€9,871
Result 2025
-€670,708
lowers the result
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.
From operations
+€966,104
Investment
-€486
Financing
-€962,557
Cash 2024
€11,704
From operations (derived)
+€966,104
Net result for the year
-€670,708
Depreciation
+€8,566
Stocks and contracts
+€304,622
Receivables within one year
-€3,336
Deferred charges and accrued income
+€365,862
Smaller working-capital items
-€2,231
Other debts
+€963,329
Investment (derived)
-€486
Investment in fixed assets (net)
-€486
Financing
-€962,557
Debts after one year
-€962,557
Cash 2025
€14,766
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,613,130 | €4,940,964 | -€672,166 | -12.0% |
| Fixed assets | 21/28 | €167,304 | €159,225 | -€8,079 | -4.8% |
| Tangible fixed assets | 22/27 | €167,304 | €159,225 | -€8,079 | -4.8% |
| Land and buildings | 22 | €166,860 | €158,443 | -€8,417 | -5.0% |
| Plant, machinery and equipment | 23 | €444 | €782 | +€337 | +76.0% |
| Current assets | 29/58 | €5,445,825 | €4,781,739 | -€664,086 | -12.2% |
| Stocks and contracts in progress | 3 | €304,622 | - | -€304,622 | |
| Stocks | 30/36 | €304,622 | - | -€304,622 | |
| Amounts receivable within one year | 40/41 | €4,757,138 | €4,760,474 | +€3,336 | +0.1% |
| Trade receivables | 40 | €4,756,725 | €4,757,769 | +€1,044 | 0.0% |
| Other amounts receivable | 41 | €413 | €2,704 | +€2,291 | +554% |
| Cash at bank and in hand | 54/58 | €11,704 | €14,766 | +€3,062 | +26.2% |
| Deferred charges and accrued income | 490/1 | €372,362 | €6,500 | -€365,862 | -98.3% |
| Total equity and liabilities | 10/49 | €5,613,130 | €4,940,964 | -€672,166 | -12.0% |
| Equity | 10/15 | -€8,269,862 | -€8,940,569 | -€670,708 | -8.1% |
| Contributions | 10/11 | €2,003,847 | €2,003,847 | = | 0.0% |
| Contributions outside capital | 11 | €2,003,847 | €2,003,847 | = | 0.0% |
| Other | 1109/19 | €2,003,847 | €2,003,847 | = | 0.0% |
| Reserves | 13 | €948,637 | €948,637 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,697 | €15,697 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,697 | €15,697 | = | 0.0% |
| Distributable reserves | 133 | €932,939 | €932,939 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,222,345 | -€11,893,053 | -€670,708 | -6.0% |
| Amounts payable | 17/49 | €13,882,991 | €13,881,533 | -€1,458 | 0.0% |
| Amounts payable after more than one year | 17 | €2,406,391 | €1,443,835 | -€962,557 | -40.0% |
| Financial debts | 170/4 | €1,443,835 | €1,443,835 | = | 0.0% |
| Other amounts payable | 178/9 | €962,557 | - | -€962,557 | |
| Amounts payable within one year | 42/48 | €11,475,600 | €12,437,699 | +€962,099 | +8.4% |
| Trade debts | 44 | €253 | €374 | +€122 | +48.1% |
| Suppliers | 440/4 | €253 | €374 | +€122 | +48.1% |
| Taxes, remuneration and social security | 45 | €1,352 | - | -€1,352 | |
| Taxes | 450/3 | €1,352 | - | -€1,352 | |
| Other amounts payable | 47/48 | €11,473,995 | €12,437,324 | +€963,329 | +8.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Non-recurring operating income | 76A | - | €2,515 | +€2,515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,468 | €8,566 | +€98 | +1.2% |
| Other operating charges | 640/8 | €5,789 | €6,182 | +€394 | +6.8% |
| Gross operating margin | 9900 | €10,316 | -€271,588 | -€281,904 | |
| Operating profit (loss) | 9901 | -€3,940 | -€286,336 | -€282,396 | -7,168% |
| Financial charges | 65/66B | €477 | €374,501 | +€374,025 | +78,486% |
| Recurring financial charges | 65 | €477 | €374,501 | +€374,025 | +78,486% |
| Profit (loss) for the period before taxes | 9903 | -€4,416 | -€660,837 | -€656,421 | -14,863% |
| Income taxes | 67/77 | - | €9,871 | +€9,871 | |
| Profit (loss) for the period | 9904 | -€4,416 | -€670,708 | -€666,291 | -15,086% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,416 | -€670,708 | -€666,291 | -15,086% |
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 16 October 2026 via checked.be.