PARVIS 13: 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.
PARVIS 13
Largest movements
- Receivables within one year +€39,556
up €39,556 (+41.1%), from €96,149 to €135,706
of which Other amounts receivable: +€23,543
- Tangible fixed assets -€28,971
down €28,971 (-10.2%), from €284,967 to €255,996
of which Other tangible fixed assets: -€35,338
- Cash -€28,551
down €28,551 (-16.0%), from €178,999 to €150,448
mainly Receivables within one year (-€39,556) and Investment in fixed assets (net) (-€33,644)
- Tax, wage and social debts +€34,284
up €34,284 (+63.3%), from €54,183 to €88,467
of which Remuneration and social security: +€20,596
- Debts after one year -€31,082
down €31,082 (-29.7%), from €104,772 to €73,690
- Profit (loss) carried forward -€28,838
down €28,838 (-24.7%), from €116,750 to €87,912
- Trade debts -€14,031
down €14,031 (-11.2%), from €125,481 to €111,450
- Accrued charges and deferred income +€12,658
up €12,658 (+186%), from €6,800 to €19,458
- Staff costs +€122,311
up €122,311 (+26.5%), from €460,870 to €583,181
- Gross operating margin +€25,970
up €25,970 (+4.1%), from €636,913 to €662,883
- Taxes -€19,917
down €19,917 (-100%), from €19,917 to €0
- Financial charges +€14,143
up €14,143 (+50.1%), from €28,252 to €42,395
- Depreciation +€12,516
up €12,516 (+25.0%), from €50,099 to €62,615
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 | €609,099 | €593,010 | -€16,088 | -2.6% |
| Fixed assets | 21/28 | €292,569 | €263,598 | -€28,971 | -9.9% |
| Tangible fixed assets | 22/27 | €284,967 | €255,996 | -€28,971 | -10.2% |
| Plant, machinery and equipment | 23 | €38,860 | €42,415 | +€3,555 | +9.1% |
| Furniture and vehicles | 24 | €7,609 | €10,422 | +€2,812 | +37.0% |
| Other tangible fixed assets | 26 | €238,497 | €203,159 | -€35,338 | -14.8% |
| Financial fixed assets | 28 | €7,602 | €7,602 | = | 0.0% |
| Current assets | 29/58 | €316,529 | €329,413 | +€12,883 | +4.1% |
| Stocks and contracts in progress | 3 | €35,474 | €36,402 | +€928 | +2.6% |
| Stocks | 30/36 | €35,474 | €36,402 | +€928 | +2.6% |
| Amounts receivable within one year | 40/41 | €96,149 | €135,706 | +€39,556 | +41.1% |
| Trade receivables | 40 | €95,079 | €111,093 | +€16,014 | +16.8% |
| Other amounts receivable | 41 | €1,070 | €24,613 | +€23,543 | +2,200% |
| Cash at bank and in hand | 54/58 | €178,999 | €150,448 | -€28,551 | -16.0% |
| Deferred charges and accrued income | 490/1 | €5,907 | €6,856 | +€949 | +16.1% |
| Total equity and liabilities | 10/49 | €609,099 | €593,010 | -€16,088 | -2.6% |
| Equity | 10/15 | €180,949 | €149,574 | -€31,375 | -17.3% |
| Contributions | 10/11 | €17,581 | €17,581 | = | 0.0% |
| Reserves | 13 | €36,664 | €35,557 | -€1,107 | -3.0% |
| Tax-exempt reserves | 132 | €16,600 | €15,493 | -€1,107 | -6.7% |
| Distributable reserves | 133 | €20,064 | €20,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,750 | €87,912 | -€28,838 | -24.7% |
| Investment grants | 15 | €9,954 | €8,524 | -€1,430 | -14.4% |
| Provisions and deferred taxes | 16 | €3,318 | €2,841 | -€477 | -14.4% |
| Deferred taxes | 168 | €3,318 | €2,841 | -€477 | -14.4% |
| Amounts payable | 17/49 | €424,831 | €440,595 | +€15,763 | +3.7% |
| Amounts payable after more than one year | 17 | €104,772 | €73,690 | -€31,082 | -29.7% |
| Financial debts | 170/4 | €104,772 | €73,690 | -€31,082 | -29.7% |
| Amounts payable within one year | 42/48 | €313,259 | €347,447 | +€34,187 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €42,146 | €51,700 | +€9,554 | +22.7% |
| Financial debts | 43 | €4,734 | €7,927 | +€3,193 | +67.5% |
| Credit institutions | 430/8 | €4,734 | €7,927 | +€3,193 | +67.5% |
| Trade debts | 44 | €125,481 | €111,450 | -€14,031 | -11.2% |
| Suppliers | 440/4 | €125,481 | €111,450 | -€14,031 | -11.2% |
| Taxes, remuneration and social security | 45 | €54,183 | €88,467 | +€34,284 | +63.3% |
| Taxes | 450/3 | €9,595 | €23,283 | +€13,688 | +143% |
| Remuneration and social security | 454/9 | €44,588 | €65,184 | +€20,596 | +46.2% |
| Other amounts payable | 47/48 | €86,716 | €87,903 | +€1,187 | +1.4% |
| Accrued charges and deferred income | 492/3 | €6,800 | €19,458 | +€12,658 | +186% |
| Non-recurring operating income | 76A | €1,229 | - | -€1,229 | |
| Remuneration, social security and pensions | 62 | €460,870 | €583,181 | +€122,311 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,099 | €62,615 | +€12,516 | +25.0% |
| Other operating charges | 640/8 | €10,135 | €4,755 | -€5,380 | -53.1% |
| Non-recurring operating charges | 66A | €10,182 | €2,733 | -€7,448 | -73.2% |
| Gross operating margin | 9900 | €636,913 | €662,883 | +€25,970 | +4.1% |
| Operating profit (loss) | 9901 | €105,628 | €9,599 | -€96,029 | -90.9% |
| Financial income | 75/76B | €1,491 | €2,374 | +€883 | +59.3% |
| Recurring financial income | 75 | €1,491 | €2,374 | +€883 | +59.3% |
| Financial charges | 65/66B | €28,252 | €42,395 | +€14,143 | +50.1% |
| Recurring financial charges | 65 | €28,252 | €42,395 | +€14,143 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | €78,867 | -€30,421 | -€109,288 | |
| Transfer from deferred taxes | 780 | €477 | €477 | = | 0.0% |
| Income taxes | 67/77 | €19,917 | €0 | -€19,917 | -100% |
| Profit (loss) for the period | 9904 | €59,427 | -€29,945 | -€89,372 | |
| Transfer from tax-exempt reserves | 789 | €1,107 | €1,107 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,534 | -€28,838 | -€89,372 |
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 25 October 2026 via checked.be.