PARTIMA: 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.
PARTIMA
Largest movements
- Tangible fixed assets -€114,691
down €114,691 (-34.2%), from €335,124 to €220,433
- Receivables after one year +€93,354
new in 2025: €93,354
- Cash +€71,388
up €71,388 (+31.8%), from €224,538 to €295,926
mainly Net result for the year (+€340,956) and Depreciation (+€64,465)
- Current investments +€34,770
up €34,770 (+3.6%), from €959,979 to €994,749
- Receivables within one year -€17,929
down €17,929 (-13.2%), from €135,474 to €117,545
of which Trade receivables: -€17,929
- Reserves +€143,693
up €143,693 (+12.2%), from €1.2m to €1.3m
- Other debts -€56,173
down €56,173 (-28.3%), from €198,518 to €142,345
- Debts after one year -€31,986
down €31,986 (-25.5%), from €125,368 to €93,382
- Tax, wage and social debts +€29,070
up €29,070 (+41.8%), from €69,489 to €98,559
- Gross operating margin -€109,076
down €109,076 (-15.0%), from €725,621 to €616,545
- Taxes -€32,268
down €32,268 (-15.2%), from €212,977 to €180,709
- Financial income +€17,403
up €17,403 (+475%), from €3,662 to €21,065
- Depreciation -€11,365
down €11,365 (-15.0%), from €75,830 to €64,465
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 | €1,658,417 | €1,733,549 | +€75,131 | +4.5% |
| Fixed assets | 21/28 | €335,124 | €220,433 | -€114,691 | -34.2% |
| Tangible fixed assets | 22/27 | €335,124 | €220,433 | -€114,691 | -34.2% |
| Furniture and vehicles | 24 | €335,124 | €220,433 | -€114,691 | -34.2% |
| Current assets | 29/58 | €1,323,293 | €1,513,115 | +€189,822 | +14.3% |
| Amounts receivable after more than one year | 29 | - | €93,354 | +€93,354 | |
| Other amounts receivable | 291 | - | €93,354 | +€93,354 | |
| Amounts receivable within one year | 40/41 | €135,474 | €117,545 | -€17,929 | -13.2% |
| Trade receivables | 40 | €135,474 | €117,545 | -€17,929 | -13.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €959,979 | €994,749 | +€34,770 | +3.6% |
| Cash at bank and in hand | 54/58 | €224,538 | €295,926 | +€71,388 | +31.8% |
| Deferred charges and accrued income | 490/1 | €3,303 | €11,542 | +€8,239 | +249% |
| Total equity and liabilities | 10/49 | €1,658,417 | €1,733,549 | +€75,131 | +4.5% |
| Equity | 10/15 | €1,188,122 | €1,331,815 | +€143,693 | +12.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,175,722 | €1,319,415 | +€143,693 | +12.2% |
| Distributable reserves | 133 | €1,175,722 | €1,319,415 | +€143,693 | +12.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €470,295 | €401,734 | -€68,561 | -14.6% |
| Amounts payable after more than one year | 17 | €125,368 | €93,382 | -€31,986 | -25.5% |
| Financial debts | 170/4 | €125,368 | €93,382 | -€31,986 | -25.5% |
| Amounts payable within one year | 42/48 | €339,290 | €294,927 | -€44,364 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €66,850 | €50,430 | -€16,419 | -24.6% |
| Trade debts | 44 | €4,434 | €3,593 | -€841 | -19.0% |
| Suppliers | 440/4 | €4,434 | €3,593 | -€841 | -19.0% |
| Taxes, remuneration and social security | 45 | €69,489 | €98,559 | +€29,070 | +41.8% |
| Taxes | 450/3 | €69,489 | €98,559 | +€29,070 | +41.8% |
| Other amounts payable | 47/48 | €198,518 | €142,345 | -€56,173 | -28.3% |
| Accrued charges and deferred income | 492/3 | €5,637 | €13,425 | +€7,788 | +138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,830 | €64,465 | -€11,365 | -15.0% |
| Other operating charges | 640/8 | €2,525 | €2,149 | -€376 | -14.9% |
| Non-recurring operating charges | 66A | - | €30,225 | +€30,225 | |
| Gross operating margin | 9900 | €725,621 | €616,545 | -€109,076 | -15.0% |
| Operating profit (loss) | 9901 | €647,266 | €519,705 | -€127,561 | -19.7% |
| Financial income | 75/76B | €3,662 | €21,065 | +€17,403 | +475% |
| Recurring financial income | 75 | €3,662 | €21,065 | +€17,403 | +475% |
| Financial charges | 65/66B | €14,863 | €19,105 | +€4,243 | +28.5% |
| Recurring financial charges | 65 | €14,863 | €19,105 | +€4,243 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €636,066 | €521,665 | -€114,400 | -18.0% |
| Income taxes | 67/77 | €212,977 | €180,709 | -€32,268 | -15.2% |
| Profit (loss) for the period | 9904 | €423,089 | €340,956 | -€82,132 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €423,089 | €340,956 | -€82,132 | -19.4% |
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 18 October 2026 via checked.be.