Party Constructions: 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.
Party Constructions
Largest movements
- Tangible fixed assets -€179,184
down €179,184 (-10.9%), from €1.6m to €1.5m
of which Plant, machinery and equipment: -€115,856
- Receivables within one year +€81,604
up €81,604 (+41.9%), from €194,577 to €276,181
of which Other amounts receivable: +€111,542
- Cash -€45,252
down €45,252 (-72.3%), from €62,578 to €17,326
mainly Short-term financial debts (-€141,903) and Receivables within one year (-€81,604)
- Short-term financial debts -€141,903
no longer reported in 2025 (was €141,903)
- Debts after one year -€40,000
down €40,000 (-3.9%), from €1.0m to €981,204
- Current portion of long-term debt +€25,357
up €25,357 (+14.5%), from €174,643 to €200,000
- Staff costs +€38,022
up €38,022 (+17.0%), from €224,108 to €262,131
- Taxes -€26,496
down €26,496 (-71.2%), from €37,204 to €10,709
- Gross operating margin -€20,009
down €20,009 (-3.4%), from €588,451 to €568,442
- Depreciation +€14,422
up €14,422 (+7.7%), from €188,309 to €202,730
- Financial charges -€11,994
down €11,994 (-17.6%), from €68,127 to €56,132
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 | €1,919,332 | €1,769,424 | -€149,908 | -7.8% |
| Fixed assets | 21/28 | €1,650,414 | €1,471,230 | -€179,184 | -10.9% |
| Tangible fixed assets | 22/27 | €1,649,184 | €1,470,000 | -€179,184 | -10.9% |
| Land and buildings | 22 | €1,142,289 | €1,092,326 | -€49,963 | -4.4% |
| Plant, machinery and equipment | 23 | €461,711 | €345,855 | -€115,856 | -25.1% |
| Furniture and vehicles | 24 | €45,183 | €31,818 | -€13,366 | -29.6% |
| Financial fixed assets | 28 | €1,230 | €1,230 | = | 0.0% |
| Current assets | 29/58 | €268,918 | €298,195 | +€29,276 | +10.9% |
| Stocks and contracts in progress | 3 | €4,687 | €4,687 | = | 0.0% |
| Stocks | 30/36 | €4,687 | €4,687 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,577 | €276,181 | +€81,604 | +41.9% |
| Trade receivables | 40 | €146,931 | €116,993 | -€29,938 | -20.4% |
| Other amounts receivable | 41 | €47,646 | €159,188 | +€111,542 | +234.1% |
| Cash at bank and in hand | 54/58 | €62,578 | €17,326 | -€45,252 | -72.3% |
| Deferred charges and accrued income | 490/1 | €7,076 | - | -€7,076 | |
| Total equity and liabilities | 10/49 | €1,919,332 | €1,769,424 | -€149,908 | -7.8% |
| Equity | 10/15 | €431,200 | €447,727 | +€16,526 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €393,410 | €409,936 | +€16,526 | +4.2% |
| Tax-exempt reserves | 132 | €58,396 | €54,686 | -€3,710 | -6.4% |
| Distributable reserves | 133 | €335,014 | €355,250 | +€20,236 | +6.0% |
| Profit (loss) carried forward | 14 | €19,190 | €19,190 | = | 0.0% |
| Provisions and deferred taxes | 16 | €14,599 | €13,672 | -€927 | -6.4% |
| Deferred taxes | 168 | €14,599 | €13,672 | -€927 | -6.4% |
| Amounts payable | 17/49 | €1,473,533 | €1,308,026 | -€165,507 | -11.2% |
| Amounts payable after more than one year | 17 | €1,021,204 | €981,204 | -€40,000 | -3.9% |
| Financial debts | 170/4 | €1,021,204 | €981,204 | -€40,000 | -3.9% |
| Amounts payable within one year | 42/48 | €452,329 | €326,822 | -€125,507 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €174,643 | €200,000 | +€25,357 | +14.5% |
| Financial debts | 43 | €141,903 | - | -€141,903 | |
| Credit institutions | 430/8 | €141,903 | - | -€141,903 | |
| Trade debts | 44 | €95,238 | €76,884 | -€18,354 | -19.3% |
| Suppliers | 440/4 | €95,238 | €76,884 | -€18,354 | -19.3% |
| Taxes, remuneration and social security | 45 | €40,546 | €49,573 | +€9,028 | +22.3% |
| Taxes | 450/3 | €31,471 | €31,597 | +€126 | +0.4% |
| Remuneration and social security | 454/9 | €9,074 | €17,976 | +€8,902 | +98.1% |
| Other amounts payable | 47/48 | - | €365 | +€365 | |
| Non-recurring operating income | 76A | €2,801 | - | -€2,801 | |
| Remuneration, social security and pensions | 62 | €224,108 | €262,131 | +€38,022 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,309 | €202,730 | +€14,422 | +7.7% |
| Other operating charges | 640/8 | €14,598 | €21,174 | +€6,575 | +45.0% |
| Gross operating margin | 9900 | €588,451 | €568,442 | -€20,009 | -3.4% |
| Operating profit (loss) | 9901 | €161,436 | €82,408 | -€79,028 | -49.0% |
| Financial income | 75/76B | €3,405 | €32 | -€3,373 | -99.0% |
| Recurring financial income | 75 | €3,405 | €32 | -€3,373 | -99.0% |
| Financial charges | 65/66B | €68,127 | €56,132 | -€11,994 | -17.6% |
| Recurring financial charges | 65 | €68,127 | €56,132 | -€11,994 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €96,715 | €26,308 | -€70,407 | -72.8% |
| Transfer from deferred taxes | 780 | €945 | €927 | -€18 | -1.9% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €37,204 | €10,709 | -€26,496 | -71.2% |
| Profit (loss) for the period | 9904 | €60,455 | €16,526 | -€43,929 | -72.7% |
| Transfer from tax-exempt reserves | 789 | €3,780 | €3,710 | -€71 | -1.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €64,236 | €20,236 | -€44,000 | -68.5% |
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 30 September 2026 via checked.be.