PARVAL: 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.
PARVAL
Largest movements
- Tangible fixed assets -€27,213
down €27,213 (-7.2%), from €378,522 to €351,309
- Receivables within one year +€8,100
up €8,100 (+28.6%), from €28,295 to €36,395
of which Other amounts receivable: +€11,600
- Debts after one year -€25,400
down €25,400 (-14.1%), from €180,041 to €154,641
of which Financial debts: -€26,000
- Other operating charges -€53,473
down €53,473 (-94.1%), from €56,802 to €3,329
- Depreciation -€437
down €437 (-1.6%), from €27,650 to €27,213
- Financial charges -€399
down €399 (-28.7%), from €1,390 to €991
- Gross operating margin +€393
up €393 (+1.2%), from €33,417 to €33,810
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 | €410,009 | €387,705 | -€22,305 | -5.4% |
| Fixed assets | 21/28 | €378,522 | €351,309 | -€27,213 | -7.2% |
| Tangible fixed assets | 22/27 | €378,522 | €351,309 | -€27,213 | -7.2% |
| Land and buildings | 22 | €378,522 | €351,309 | -€27,213 | -7.2% |
| Current assets | 29/58 | €31,487 | €36,395 | +€4,908 | +15.6% |
| Amounts receivable within one year | 40/41 | €28,295 | €36,395 | +€8,100 | +28.6% |
| Trade receivables | 40 | €23,131 | €19,631 | -€3,500 | -15.1% |
| Other amounts receivable | 41 | €5,164 | €16,764 | +€11,600 | +224.6% |
| Cash at bank and in hand | 54/58 | €199 | - | -€199 | |
| Deferred charges and accrued income | 490/1 | €2,993 | - | -€2,993 | |
| Total equity and liabilities | 10/49 | €410,009 | €387,705 | -€22,305 | -5.4% |
| Equity | 10/15 | €194,756 | €197,034 | +€2,277 | +1.2% |
| Contributions | 10/11 | €200,250 | €200,250 | = | 0.0% |
| Reserves | 13 | €82,186 | €82,186 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,025 | €20,025 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,025 | €20,025 | = | 0.0% |
| Distributable reserves | 133 | €62,161 | €62,161 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,679 | -€85,402 | +€2,277 | +2.6% |
| Amounts payable | 17/49 | €215,253 | €190,671 | -€24,582 | -11.4% |
| Amounts payable after more than one year | 17 | €180,041 | €154,641 | -€25,400 | -14.1% |
| Financial debts | 170/4 | €56,333 | €30,333 | -€26,000 | -46.2% |
| Other amounts payable | 178/9 | €123,708 | €124,308 | +€600 | +0.5% |
| Amounts payable within one year | 42/48 | €35,212 | €36,030 | +€818 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €26,000 | €28,030 | +€2,030 | +7.8% |
| Trade debts | 44 | €9,212 | €7,999 | -€1,212 | -13.2% |
| Suppliers | 440/4 | €9,212 | €7,999 | -€1,212 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,650 | €27,213 | -€437 | -1.6% |
| Other operating charges | 640/8 | €56,802 | €3,329 | -€53,473 | -94.1% |
| Gross operating margin | 9900 | €33,417 | €33,810 | +€393 | +1.2% |
| Operating profit (loss) | 9901 | -€51,035 | €3,268 | +€54,303 | |
| Financial charges | 65/66B | €1,390 | €991 | -€399 | -28.7% |
| Recurring financial charges | 65 | €1,390 | €991 | -€399 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€52,425 | €2,277 | +€54,702 | |
| Profit (loss) for the period | 9904 | -€52,425 | €2,277 | +€54,702 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,425 | €2,277 | +€54,702 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.