PARTY-FICES: 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.
PARTY-FICES
Largest movements
- Stocks and contracts -€107,086
down €107,086 (-35.8%), from €299,394 to €192,307
- Cash +€42,446
up €42,446 (+37.8%), from €112,395 to €154,840
mainly Stocks and contracts (+€107,086) and Short-term financial debts (+€50,000)
- Tangible fixed assets +€23,476
up €23,476 (+34.4%), from €68,324 to €91,799
of which Leasing and similar rights: +€38,622
- Trade debts -€140,913
down €140,913 (-34.2%), from €412,619 to €271,706
- Short-term financial debts +€50,000
up €50,000 (+100%), from €50,000 to €100,000
- Other debts -€36,000
no longer reported in 2025 (was €36,000)
- Debts after one year +€32,376
new in 2025: €32,376
- Profit (loss) carried forward +€29,228
up €29,228 (+8.7%), from €337,539 to €366,767
- Write-downs -€16,273
no longer reported in 2025 (was €16,273)
- Staff costs -€8,572
down €8,572 (-12.3%), from €69,538 to €60,966
- Taxes +€6,143
up €6,143 (+1,016%), from €605 to €6,748
- Other operating charges -€5,533
down €5,533 (-42.9%), from €12,905 to €7,372
- Depreciation +€4,374
up €4,374 (+29.3%), from €14,927 to €19,301
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 | €1,043,626 | €982,792 | -€60,833 | -5.8% |
| Fixed assets | 21/28 | €68,324 | €91,799 | +€23,476 | +34.4% |
| Tangible fixed assets | 22/27 | €68,324 | €91,799 | +€23,476 | +34.4% |
| Land and buildings | 22 | €41,875 | €31,462 | -€10,413 | -24.9% |
| Plant, machinery and equipment | 23 | €1,621 | €1,159 | -€462 | -28.5% |
| Furniture and vehicles | 24 | €24,827 | €20,556 | -€4,271 | -17.2% |
| Leasing and similar rights | 25 | - | €38,622 | +€38,622 | |
| Current assets | 29/58 | €975,302 | €890,993 | -€84,309 | -8.6% |
| Amounts receivable after more than one year | 29 | €28,000 | €21,000 | -€7,000 | -25.0% |
| Other amounts receivable | 291 | €28,000 | €21,000 | -€7,000 | -25.0% |
| Stocks and contracts in progress | 3 | €299,394 | €192,307 | -€107,086 | -35.8% |
| Stocks | 30/36 | €299,394 | €192,307 | -€107,086 | -35.8% |
| Amounts receivable within one year | 40/41 | €524,726 | €517,968 | -€6,758 | -1.3% |
| Trade receivables | 40 | €397,782 | €374,426 | -€23,356 | -5.9% |
| Other amounts receivable | 41 | €126,944 | €143,542 | +€16,598 | +13.1% |
| Cash at bank and in hand | 54/58 | €112,395 | €154,840 | +€42,446 | +37.8% |
| Deferred charges and accrued income | 490/1 | €10,788 | €4,878 | -€5,910 | -54.8% |
| Total equity and liabilities | 10/49 | €1,043,626 | €982,792 | -€60,833 | -5.8% |
| Equity | 10/15 | €444,949 | €474,177 | +€29,228 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,810 | €88,810 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,950 | €56,950 | = | 0.0% |
| Distributable reserves | 133 | €31,860 | €31,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €337,539 | €366,767 | +€29,228 | +8.7% |
| Amounts payable | 17/49 | €598,677 | €508,616 | -€90,061 | -15.0% |
| Amounts payable after more than one year | 17 | - | €32,376 | +€32,376 | |
| Financial debts | 170/4 | - | €32,376 | +€32,376 | |
| Amounts payable within one year | 42/48 | €598,677 | €476,240 | -€122,437 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,246 | +€6,246 | |
| Financial debts | 43 | €50,000 | €100,000 | +€50,000 | +100% |
| Credit institutions | 430/8 | €50,000 | €100,000 | +€50,000 | +100% |
| Trade debts | 44 | €412,619 | €271,706 | -€140,913 | -34.2% |
| Suppliers | 440/4 | €412,619 | €271,706 | -€140,913 | -34.2% |
| Taxes, remuneration and social security | 45 | €100,058 | €98,287 | -€1,771 | -1.8% |
| Taxes | 450/3 | €83,979 | €87,668 | +€3,689 | +4.4% |
| Remuneration and social security | 454/9 | €16,079 | €10,620 | -€5,459 | -34.0% |
| Other amounts payable | 47/48 | €36,000 | - | -€36,000 | |
| Non-recurring operating income | 76A | €14,876 | - | -€14,876 | |
| Remuneration, social security and pensions | 62 | €69,538 | €60,966 | -€8,572 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,927 | €19,301 | +€4,374 | +29.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,273 | - | -€16,273 | |
| Other operating charges | 640/8 | €12,905 | €7,372 | -€5,533 | -42.9% |
| Gross operating margin | 9900 | €126,083 | €124,476 | -€1,607 | -1.3% |
| Operating profit (loss) | 9901 | €12,439 | €36,837 | +€24,397 | +196% |
| Financial income | 75/76B | €10,081 | €7,702 | -€2,379 | -23.6% |
| Recurring financial income | 75 | €10,081 | €7,702 | -€2,379 | -23.6% |
| Financial charges | 65/66B | €10,078 | €8,563 | -€1,515 | -15.0% |
| Recurring financial charges | 65 | €10,078 | €8,563 | -€1,515 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €12,443 | €35,976 | +€23,533 | +189% |
| Income taxes | 67/77 | €605 | €6,748 | +€6,143 | +1,016% |
| Profit (loss) for the period | 9904 | €11,838 | €29,228 | +€17,390 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €11,838 | €29,228 | +€17,390 | +147% |
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 1 November 2026 via checked.be.