PPARTNERFREE: 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.
PPARTNERFREE
Largest movements
- Receivables within one year +€49,054
up €49,054 (+94.0%), from €52,189 to €101,243
of which Other amounts receivable: +€37,614
- Tangible fixed assets -€10,709
down €10,709 (-38.9%), from €27,512 to €16,803
of which Leasing and similar rights: -€11,900
- Cash -€9,662
down €9,662 (-20.2%), from €47,735 to €38,073
mainly Contributions, distributions and other (-€130,286) and Receivables within one year (-€49,054)
- Other debts +€130,286
up €130,286, from €0 to €130,286
- Profit (loss) carried forward -€79,173
down €79,173 (-100.0%), from €79,173 to €0
- Debts after one year -€10,692
down €10,692 (-55.1%), from €19,405 to €8,713
- Tax, wage and social debts -€10,400
down €10,400 (-67.2%), from €15,483 to €5,084
of which Taxes: -€10,544
- Gross operating margin -€3,100
down €3,100 (-3.8%), from €81,271 to €78,171
- Financial income +€2,044
up €2,044 (+2102.6%), from €97 to €2,142
- Taxes -€1,472
down €1,472 (-9.5%), from €15,558 to €14,086
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 | €128,281 | €157,382 | +€29,101 | +22.7% |
| Fixed assets | 21/28 | €27,512 | €16,803 | -€10,709 | -38.9% |
| Tangible fixed assets | 22/27 | €27,512 | €16,803 | -€10,709 | -38.9% |
| Furniture and vehicles | 24 | - | €1,399 | +€1,399 | |
| Leasing and similar rights | 25 | €27,281 | €15,381 | -€11,900 | -43.6% |
| Other tangible fixed assets | 26 | €231 | €23 | -€208 | -90.0% |
| Current assets | 29/58 | €100,769 | €140,579 | +€39,810 | +39.5% |
| Amounts receivable within one year | 40/41 | €52,189 | €101,243 | +€49,054 | +94.0% |
| Trade receivables | 40 | €18,865 | €30,306 | +€11,440 | +60.6% |
| Other amounts receivable | 41 | €33,324 | €70,938 | +€37,614 | +112.9% |
| Cash at bank and in hand | 54/58 | €47,735 | €38,073 | -€9,662 | -20.2% |
| Deferred charges and accrued income | 490/1 | €845 | €1,262 | +€417 | +49.4% |
| Total equity and liabilities | 10/49 | €128,281 | €157,382 | +€29,101 | +22.7% |
| Equity | 10/15 | €81,173 | €2,000 | -€79,173 | -97.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,173 | €0 | -€79,173 | -100.0% |
| Amounts payable | 17/49 | €47,107 | €155,382 | +€108,274 | +229.8% |
| Amounts payable after more than one year | 17 | €19,405 | €8,713 | -€10,692 | -55.1% |
| Financial debts | 170/4 | €19,405 | €8,713 | -€10,692 | -55.1% |
| Amounts payable within one year | 42/48 | €27,703 | €146,669 | +€118,966 | +429.4% |
| Current portion of amounts payable after more than one year | 42 | €9,594 | €9,809 | +€214 | +2.2% |
| Trade debts | 44 | €2,625 | €1,490 | -€1,135 | -43.2% |
| Suppliers | 440/4 | €2,625 | €1,490 | -€1,135 | -43.2% |
| Taxes, remuneration and social security | 45 | €15,483 | €5,084 | -€10,400 | -67.2% |
| Taxes | 450/3 | €15,483 | €4,940 | -€10,544 | -68.1% |
| Remuneration and social security | 454/9 | - | €144 | +€144 | |
| Other amounts payable | 47/48 | €0 | €130,286 | +€130,286 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,108 | €12,636 | +€528 | +4.4% |
| Other operating charges | 640/8 | €2,063 | €1,918 | -€145 | -7.0% |
| Gross operating margin | 9900 | €81,271 | €78,171 | -€3,100 | -3.8% |
| Operating profit (loss) | 9901 | €67,100 | €63,618 | -€3,482 | -5.2% |
| Financial income | 75/76B | €97 | €2,142 | +€2,044 | +2102.6% |
| Recurring financial income | 75 | €97 | €2,142 | +€2,044 | +2102.6% |
| Financial charges | 65/66B | €722 | €561 | -€162 | -22.4% |
| Recurring financial charges | 65 | €722 | €561 | -€162 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €66,475 | €65,199 | -€1,277 | -1.9% |
| Income taxes | 67/77 | €15,558 | €14,086 | -€1,472 | -9.5% |
| Profit (loss) for the period | 9904 | €50,917 | €51,113 | +€196 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,917 | €51,113 | +€196 | +0.4% |
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 5 October 2026 via checked.be.