PARVANA: 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.
PARVANA
Largest movements
- Tangible fixed assets -€23,119
down €23,119 (-25.5%), from €90,489 to €67,370
of which Furniture and vehicles: -€22,473
- Receivables within one year -€14,725
down €14,725 (-24.2%), from €60,758 to €46,033
of which Trade receivables: -€13,142
- Cash -€10,425
down €10,425 (-98.9%), from €10,542 to €117
mainly Net result for the year (-€66,560) and Investment in fixed assets (net) (-€5,591)
- Deferred charges and accrued income +€1,664
up €1,664 (+96.7%), from €1,720 to €3,384
- Profit (loss) carried forward -€66,560
down €66,560, from €35,776 to -€30,784
- Other debts +€16,901
new in 2025: €16,901
- Trade debts +€7,659
up €7,659 (+267.4%), from €2,864 to €10,523
- Debts after one year -€4,254
down €4,254 (-9.9%), from €43,109 to €38,855
- Tax, wage and social debts -€2,054
down €2,054 (-4.8%), from €42,573 to €40,519
of which Taxes: -€13,834
- Staff costs +€51,781
up €51,781 (+29.4%), from €176,007 to €227,788
- Gross operating margin -€17,392
down €17,392 (-8.0%), from €216,133 to €198,740
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 | €163,609 | €117,004 | -€46,605 | -28.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €90,589 | €67,470 | -€23,119 | -25.5% |
| Tangible fixed assets | 22/27 | €90,489 | €67,370 | -€23,119 | -25.5% |
| Plant, machinery and equipment | 23 | €1,171 | €526 | -€646 | -55.1% |
| Furniture and vehicles | 24 | €89,317 | €66,844 | -€22,473 | -25.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €73,021 | €49,534 | -€23,486 | -32.2% |
| Amounts receivable within one year | 40/41 | €60,758 | €46,033 | -€14,725 | -24.2% |
| Trade receivables | 40 | €59,175 | €46,033 | -€13,142 | -22.2% |
| Other amounts receivable | 41 | €1,583 | - | -€1,583 | |
| Cash at bank and in hand | 54/58 | €10,542 | €117 | -€10,425 | -98.9% |
| Deferred charges and accrued income | 490/1 | €1,720 | €3,384 | +€1,664 | +96.7% |
| Total equity and liabilities | 10/49 | €163,609 | €117,004 | -€46,605 | -28.5% |
| Equity | 10/15 | €56,236 | -€10,324 | -€66,560 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,776 | -€30,784 | -€66,560 | |
| Amounts payable | 17/49 | €107,374 | €127,329 | +€19,955 | +18.6% |
| Amounts payable after more than one year | 17 | €43,109 | €38,855 | -€4,254 | -9.9% |
| Financial debts | 170/4 | €43,109 | €38,855 | -€4,254 | -9.9% |
| Amounts payable within one year | 42/48 | €64,265 | €88,093 | +€23,829 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €18,828 | €20,151 | +€1,323 | +7.0% |
| Trade debts | 44 | €2,864 | €10,523 | +€7,659 | +267.4% |
| Suppliers | 440/4 | €2,864 | €10,523 | +€7,659 | +267.4% |
| Taxes, remuneration and social security | 45 | €42,573 | €40,519 | -€2,054 | -4.8% |
| Taxes | 450/3 | €21,750 | €7,916 | -€13,834 | -63.6% |
| Remuneration and social security | 454/9 | €20,823 | €32,603 | +€11,780 | +56.6% |
| Other amounts payable | 47/48 | - | €16,901 | +€16,901 | |
| Accrued charges and deferred income | 492/3 | - | €380 | +€380 | |
| Non-recurring operating income | 76A | €7,942 | - | -€7,942 | |
| Remuneration, social security and pensions | 62 | €176,007 | €227,788 | +€51,781 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,556 | €28,709 | +€1,154 | +4.2% |
| Other operating charges | 640/8 | €1,124 | €2,971 | +€1,847 | +164.3% |
| Gross operating margin | 9900 | €216,133 | €198,740 | -€17,392 | -8.0% |
| Operating profit (loss) | 9901 | €11,446 | -€60,728 | -€72,174 | |
| Financial income | 75/76B | €294 | €13 | -€281 | -95.6% |
| Recurring financial income | 75 | €294 | €13 | -€281 | -95.6% |
| Financial charges | 65/66B | €6,197 | €5,480 | -€717 | -11.6% |
| Recurring financial charges | 65 | €6,197 | €5,480 | -€717 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €5,542 | -€66,195 | -€71,738 | |
| Income taxes | 67/77 | €1,908 | €365 | -€1,543 | -80.9% |
| Profit (loss) for the period | 9904 | €3,634 | -€66,560 | -€70,194 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,634 | -€66,560 | -€70,194 |
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 1 October 2026 via checked.be.