Van Parijs Management Services: what changed
Van Parijs Management Services
Largest movements
- Receivables after one year -€32,000
down €32,000 (-15.3%), from €208,500 to €176,500
- Cash -€18,948
down €18,948 (-97.3%), from €19,478 to €530
mainly Contributions, distributions and other (-€25,718) and Debts after one year (-€16,068)
- Tangible fixed assets -€17,426
down €17,426 (-17.5%), from €99,623 to €82,197
of which Leasing and similar rights: -€16,409
- Receivables within one year +€7,553
up €7,553 (+15.6%), from €48,561 to €56,114
of which Trade receivables: +€21,416
- Reserves -€25,718
down €25,718 (-15.1%), from €170,683 to €144,964
of which Distributable reserves: -€25,718
- Debts after one year -€16,068
down €16,068 (-21.2%), from €75,821 to €59,753
- Trade debts -€14,377
down €14,377 (-80.8%), from €17,801 to €3,424
- Tax, wage and social debts -€6,724
down €6,724 (-12.5%), from €53,601 to €46,877
of which Taxes: -€6,724
- Gross operating margin -€71,899
down €71,899 (-75.2%), from €95,597 to €23,698
- Taxes -€24,203
down €24,203 (-88.8%), from €27,270 to €3,067
- Depreciation +€11,109
up €11,109 (+176%), from €6,317 to €17,426
- Other operating charges -€4,087
down €4,087 (-55.0%), from €7,429 to €3,342
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €380,112 | €315,710 | -€64,401 | -16.9% |
| Fixed assets | 21/28 | €99,623 | €82,197 | -€17,426 | -17.5% |
| Tangible fixed assets | 22/27 | €99,623 | €82,197 | -€17,426 | -17.5% |
| Plant, machinery and equipment | 23 | €78 | €0 | -€78 | -100% |
| Furniture and vehicles | 24 | €6,941 | €6,002 | -€940 | -13.5% |
| Leasing and similar rights | 25 | €92,604 | €76,195 | -€16,409 | -17.7% |
| Current assets | 29/58 | €280,488 | €233,513 | -€46,975 | -16.7% |
| Amounts receivable after more than one year | 29 | €208,500 | €176,500 | -€32,000 | -15.3% |
| Other amounts receivable | 291 | €208,500 | €176,500 | -€32,000 | -15.3% |
| Amounts receivable within one year | 40/41 | €48,561 | €56,114 | +€7,553 | +15.6% |
| Trade receivables | 40 | €34,698 | €56,114 | +€21,416 | +61.7% |
| Other amounts receivable | 41 | €13,863 | €0 | -€13,863 | -100% |
| Cash at bank and in hand | 54/58 | €19,478 | €530 | -€18,948 | -97.3% |
| Deferred charges and accrued income | 490/1 | €3,950 | €370 | -€3,580 | -90.6% |
| Total equity and liabilities | 10/49 | €380,112 | €315,710 | -€64,401 | -16.9% |
| Equity | 10/15 | €186,288 | €160,688 | -€25,600 | -13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €170,683 | €144,964 | -€25,718 | -15.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €168,823 | €143,104 | -€25,718 | -15.2% |
| Profit (loss) carried forward | 14 | €9,406 | €9,524 | +€118 | +1.3% |
| Amounts payable | 17/49 | €193,823 | €155,022 | -€38,802 | -20.0% |
| Amounts payable after more than one year | 17 | €75,821 | €59,753 | -€16,068 | -21.2% |
| Financial debts | 170/4 | €75,821 | €59,753 | -€16,068 | -21.2% |
| Amounts payable within one year | 42/48 | €118,002 | €95,269 | -€22,733 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €15,531 | €16,068 | +€537 | +3.5% |
| Financial debts | 43 | - | €891 | +€891 | |
| Credit institutions | 430/8 | - | €891 | +€891 | |
| Trade debts | 44 | €17,801 | €3,424 | -€14,377 | -80.8% |
| Suppliers | 440/4 | €17,801 | €3,424 | -€14,377 | -80.8% |
| Taxes, remuneration and social security | 45 | €53,601 | €46,877 | -€6,724 | -12.5% |
| Taxes | 450/3 | €53,601 | €46,877 | -€6,724 | -12.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €31,068 | €28,008 | -€3,060 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,317 | €17,426 | +€11,109 | +176% |
| Other operating charges | 640/8 | €7,429 | €3,342 | -€4,087 | -55.0% |
| Gross operating margin | 9900 | €95,597 | €23,698 | -€71,899 | -75.2% |
| Operating profit (loss) | 9901 | €81,851 | €2,929 | -€78,921 | -96.4% |
| Financial income | 75/76B | €5,855 | €5,775 | -€80 | -1.4% |
| Recurring financial income | 75 | €5,855 | €5,775 | -€80 | -1.4% |
| Financial charges | 65/66B | €4,664 | €5,519 | +€855 | +18.3% |
| Recurring financial charges | 65 | €4,664 | €5,519 | +€855 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €83,041 | €3,186 | -€79,856 | -96.2% |
| Income taxes | 67/77 | €27,270 | €3,067 | -€24,203 | -88.8% |
| Profit (loss) for the period | 9904 | €55,771 | €118 | -€55,653 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,771 | €118 | -€55,653 | -99.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.