PARTS EXPRESS: 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.
PARTS EXPRESS
Largest movements
- Current investments -€2.3m
down €2.3m (-100%), from €2.3m to €0
- Cash +€418,670
up €418,670 (+203%), from €205,775 to €624,445
mainly Current investments (+€2.3m) and Other debts (+€858,491)
- Tangible fixed assets -€178,986
down €178,986 (-2.4%), from €7.4m to €7.2m
of which Land and buildings: -€214,343
- Receivables within one year -€162,933
down €162,933 (-35.2%), from €462,785 to €299,852
of which Other amounts receivable: -€181,683
- Profit (loss) carried forward -€3.1m
down €3.1m (-83.6%), from €3.7m to €604,526
- Other debts +€858,491
up €858,491 (+534%), from €160,618 to €1.0m
- Taxes +€357,525
up €357,525 (+7,835%), from €4,563 to €362,088
- Gross operating margin +€103,891
up €103,891 (+14.4%), from €721,753 to €825,644
- Other operating charges -€90,235
down €90,235 (-59.4%), from €152,036 to €61,801
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 | €10,359,489 | €8,108,519 | -€2.3m | -21.7% |
| Fixed assets | 21/28 | €7,362,865 | €7,184,050 | -€178,815 | -2.4% |
| Tangible fixed assets | 22/27 | €7,362,865 | €7,183,879 | -€178,986 | -2.4% |
| Land and buildings | 22 | €7,362,865 | €7,148,522 | -€214,343 | -2.9% |
| Plant, machinery and equipment | 23 | - | €35,356 | +€35,356 | |
| Financial fixed assets | 28 | - | €172 | +€172 | |
| Current assets | 29/58 | €2,996,624 | €924,469 | -€2.1m | -69.1% |
| Amounts receivable within one year | 40/41 | €462,785 | €299,852 | -€162,933 | -35.2% |
| Trade receivables | 40 | €188,388 | €207,138 | +€18,750 | +10.0% |
| Other amounts receivable | 41 | €274,397 | €92,714 | -€181,683 | -66.2% |
| Current investments | 50/53 | €2,300,000 | €0 | -€2.3m | -100% |
| Cash at bank and in hand | 54/58 | €205,775 | €624,445 | +€418,670 | +203% |
| Deferred charges and accrued income | 490/1 | €28,064 | €172 | -€27,892 | -99.4% |
| Total equity and liabilities | 10/49 | €10,359,489 | €8,108,519 | -€2.3m | -21.7% |
| Equity | 10/15 | €10,033,508 | €6,955,096 | -€3.1m | -30.7% |
| Contributions | 10/11 | €6,061,500 | €6,061,500 | = | 0.0% |
| Capital | 10 | €6,061,500 | €6,061,500 | = | 0.0% |
| Issued capital | 100 | €6,061,500 | €6,061,500 | = | 0.0% |
| Reserves | 13 | €274,613 | €289,069 | +€14,457 | +5.3% |
| Non-distributable reserves | 130/1 | €245,543 | €260,000 | +€14,457 | +5.9% |
| Legal reserve | 130 | €245,543 | €260,000 | +€14,457 | +5.9% |
| Distributable reserves | 133 | €29,069 | €29,069 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,697,395 | €604,526 | -€3.1m | -83.6% |
| Amounts payable | 17/49 | €325,981 | €1,153,423 | +€827,442 | +254% |
| Amounts payable within one year | 42/48 | €258,481 | €1,085,418 | +€826,938 | +320% |
| Trade debts | 44 | €90,718 | €52,608 | -€38,109 | -42.0% |
| Suppliers | 440/4 | €90,718 | €52,608 | -€38,109 | -42.0% |
| Taxes, remuneration and social security | 45 | €7,145 | €13,701 | +€6,556 | +91.8% |
| Taxes | 450/3 | €7,145 | €13,701 | +€6,556 | +91.8% |
| Other amounts payable | 47/48 | €160,618 | €1,019,109 | +€858,491 | +534% |
| Accrued charges and deferred income | 492/3 | €67,500 | €68,005 | +€505 | +0.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,343 | €214,630 | +€287 | +0.1% |
| Other operating charges | 640/8 | €152,036 | €61,801 | -€90,235 | -59.4% |
| Gross operating margin | 9900 | €721,753 | €825,644 | +€103,891 | +14.4% |
| Operating profit (loss) | 9901 | €355,375 | €549,213 | +€193,838 | +54.5% |
| Financial income | 75/76B | €40,091 | €35,143 | -€4,948 | -12.3% |
| Recurring financial income | 75 | €40,091 | €35,143 | -€4,948 | -12.3% |
| Financial charges | 65/66B | €931 | €680 | -€251 | -26.9% |
| Recurring financial charges | 65 | €931 | €680 | -€251 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €394,534 | €583,675 | +€189,141 | +47.9% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €4,563 | €362,088 | +€357,525 | +7,835% |
| Profit (loss) for the period | 9904 | €389,971 | €221,587 | -€168,383 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €389,971 | €221,587 | -€168,383 | -43.2% |
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 28 October 2026 via checked.be.