PARTNERIMMO: 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.
PARTNERIMMO
Largest movements
- Cash +€44,455
up €44,455 (+88.1%), from €50,449 to €94,904
mainly Short-term financial debts (+€40,000) and Net result for the year (+€21,110)
- Receivables within one year +€22,814
up €22,814 (+9.9%), from €231,572 to €254,386
of which Other amounts receivable: +€13,276
- Tangible fixed assets -€8,976
down €8,976 (-33.6%), from €26,741 to €17,766
of which Furniture and vehicles: -€8,780
- Short-term financial debts +€40,000
up €40,000, from €0 to €40,000
- Reserves +€21,110
up €21,110 (+9.0%), from €233,329 to €254,439
- Current portion of long-term debt -€6,516
down €6,516 (-73.5%), from €8,870 to €2,355
- Trade debts +€6,458
up €6,458 (+198.0%), from €3,261 to €9,719
- Gross operating margin -€14,738
down €14,738 (-26.9%), from €54,771 to €40,033
- Staff costs -€5,716
down €5,716 (-38.0%), from €15,057 to €9,342
- Taxes -€3,523
down €3,523 (-25.6%), from €13,747 to €10,224
- Financial charges +€1,010
up €1,010 (+77.0%), from €1,312 to €2,322
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 | €310,543 | €369,255 | +€58,712 | +18.9% |
| Fixed assets | 21/28 | €27,494 | €18,779 | -€8,716 | -31.7% |
| Tangible fixed assets | 22/27 | €26,741 | €17,766 | -€8,976 | -33.6% |
| Plant, machinery and equipment | 23 | €1,524 | €1,328 | -€195 | -12.8% |
| Furniture and vehicles | 24 | €25,218 | €16,437 | -€8,780 | -34.8% |
| Financial fixed assets | 28 | €753 | €1,013 | +€260 | +34.5% |
| Current assets | 29/58 | €283,048 | €350,476 | +€67,428 | +23.8% |
| Amounts receivable within one year | 40/41 | €231,572 | €254,386 | +€22,814 | +9.9% |
| Trade receivables | 40 | €1,340 | €10,878 | +€9,538 | +711.8% |
| Other amounts receivable | 41 | €230,232 | €243,508 | +€13,276 | +5.8% |
| Cash at bank and in hand | 54/58 | €50,449 | €94,904 | +€44,455 | +88.1% |
| Deferred charges and accrued income | 490/1 | €1,027 | €1,186 | +€159 | +15.5% |
| Total equity and liabilities | 10/49 | €310,543 | €369,255 | +€58,712 | +18.9% |
| Equity | 10/15 | €239,529 | €260,639 | +€21,110 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €233,329 | €254,439 | +€21,110 | +9.0% |
| Distributable reserves | 133 | €233,329 | €254,439 | +€21,110 | +9.0% |
| Amounts payable | 17/49 | €71,014 | €108,616 | +€37,603 | +53.0% |
| Amounts payable after more than one year | 17 | €2,355 | €0 | -€2,355 | -100.0% |
| Financial debts | 170/4 | €2,355 | €0 | -€2,355 | -100.0% |
| Amounts payable within one year | 42/48 | €68,634 | €108,616 | +€39,983 | +58.3% |
| Current portion of amounts payable after more than one year | 42 | €8,870 | €2,355 | -€6,516 | -73.5% |
| Financial debts | 43 | €0 | €40,000 | +€40,000 | |
| Credit institutions | 430/8 | €0 | €40,000 | +€40,000 | |
| Trade debts | 44 | €3,261 | €9,719 | +€6,458 | +198.0% |
| Suppliers | 440/4 | €3,261 | €9,719 | +€6,458 | +198.0% |
| Advances received on contracts in progress | 46 | €47,950 | €48,720 | +€770 | +1.6% |
| Taxes, remuneration and social security | 45 | €8,552 | €7,822 | -€730 | -8.5% |
| Taxes | 450/3 | €8,237 | €6,637 | -€1,601 | -19.4% |
| Remuneration and social security | 454/9 | €315 | €1,185 | +€871 | +276.8% |
| Accrued charges and deferred income | 492/3 | €25 | €0 | -€25 | -100.0% |
| Remuneration, social security and pensions | 62 | €15,057 | €9,342 | -€5,716 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,948 | €8,976 | +€28 | +0.3% |
| Other operating charges | 640/8 | €1,301 | €890 | -€411 | -31.6% |
| Gross operating margin | 9900 | €54,771 | €40,033 | -€14,738 | -26.9% |
| Operating profit (loss) | 9901 | €29,465 | €20,827 | -€8,638 | -29.3% |
| Financial income | 75/76B | €12,871 | €12,829 | -€41 | -0.3% |
| Recurring financial income | 75 | €12,871 | €12,829 | -€41 | -0.3% |
| Financial charges | 65/66B | €1,312 | €2,322 | +€1,010 | +77.0% |
| Recurring financial charges | 65 | €1,312 | €2,322 | +€1,010 | +77.0% |
| Profit (loss) for the period before taxes | 9903 | €41,023 | €31,334 | -€9,689 | -23.6% |
| Income taxes | 67/77 | €13,747 | €10,224 | -€3,523 | -25.6% |
| Profit (loss) for the period | 9904 | €27,276 | €21,110 | -€6,167 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,276 | €21,110 | -€6,167 | -22.6% |
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 6 October 2026 via checked.be.