PARX'S: 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.
PARX'S
Largest movements
- Stocks and contracts +€22,657
up €22,657 (+14.3%), from €158,411 to €181,068
- Receivables within one year +€18,803
up €18,803 (+6.5%), from €290,186 to €308,989
of which Trade receivables: +€38,416
- Cash -€6,062
down €6,062 (-96.0%), from €6,313 to €251
mainly Stocks and contracts (-€22,657) and Receivables within one year (-€18,803)
- Other debts +€20,720
up €20,720 (+6.8%), from €303,823 to €324,543
- Profit (loss) carried forward +€12,651
up €12,651 (+10.8%), from -€117,402 to -€104,751
- Gross operating margin -€61,280
down €61,280 (-79.7%), from €76,924 to €15,644
- Financial charges -€771
down €771 (-47.4%), from €1,626 to €855
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 | €460,449 | €494,383 | +€33,934 | +7.4% |
| Fixed assets | 21/28 | €5,539 | €4,075 | -€1,464 | -26.4% |
| Tangible fixed assets | 22/27 | €3,139 | €1,675 | -€1,464 | -46.6% |
| Furniture and vehicles | 24 | €144 | - | -€144 | |
| Other tangible fixed assets | 26 | €2,995 | €1,675 | -€1,320 | -44.1% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €454,910 | €490,308 | +€35,398 | +7.8% |
| Stocks and contracts in progress | 3 | €158,411 | €181,068 | +€22,657 | +14.3% |
| Stocks | 30/36 | €158,411 | €181,068 | +€22,657 | +14.3% |
| Amounts receivable within one year | 40/41 | €290,186 | €308,989 | +€18,803 | +6.5% |
| Trade receivables | 40 | €31,310 | €69,726 | +€38,416 | +123% |
| Other amounts receivable | 41 | €258,876 | €239,263 | -€19,613 | -7.6% |
| Cash at bank and in hand | 54/58 | €6,313 | €251 | -€6,062 | -96.0% |
| Total equity and liabilities | 10/49 | €460,449 | €494,383 | +€33,934 | +7.4% |
| Equity | 10/15 | €137,726 | €150,377 | +€12,651 | +9.2% |
| Contributions | 10/11 | €246,806 | €246,806 | = | 0.0% |
| Capital | 10 | €246,806 | €246,806 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Uncalled capital | 101 | €3,194 | €3,194 | = | 0.0% |
| Reserves | 13 | €8,322 | €8,322 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,322 | €8,322 | = | 0.0% |
| Legal reserve | 130 | €8,322 | €8,322 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,402 | -€104,751 | +€12,651 | +10.8% |
| Amounts payable | 17/49 | €322,723 | €344,006 | +€21,283 | +6.6% |
| Amounts payable within one year | 42/48 | €322,723 | €344,006 | +€21,283 | +6.6% |
| Trade debts | 44 | - | €563 | +€563 | |
| Suppliers | 440/4 | - | €563 | +€563 | |
| Taxes, remuneration and social security | 45 | €18,900 | €18,900 | = | 0.0% |
| Taxes | 450/3 | €18,900 | €18,900 | = | 0.0% |
| Other amounts payable | 47/48 | €303,823 | €324,543 | +€20,720 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,128 | €1,464 | -€664 | -31.2% |
| Other operating charges | 640/8 | €882 | €510 | -€372 | -42.2% |
| Gross operating margin | 9900 | €76,924 | €15,644 | -€61,280 | -79.7% |
| Operating profit (loss) | 9901 | €73,914 | €13,670 | -€60,244 | -81.5% |
| Financial income | 75/76B | €574 | - | -€574 | |
| Recurring financial income | 75 | €574 | - | -€574 | |
| Financial charges | 65/66B | €1,626 | €855 | -€771 | -47.4% |
| Recurring financial charges | 65 | €1,626 | €855 | -€771 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €72,862 | €12,815 | -€60,047 | -82.4% |
| Income taxes | 67/77 | - | €164 | +€164 | |
| Profit (loss) for the period | 9904 | €72,862 | €12,651 | -€60,211 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,862 | €12,651 | -€60,211 | -82.6% |
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 19 October 2026 via checked.be.