WERNER VANPARIJS: 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.
WERNER VANPARIJS
Largest movements
- Cash -€17,861
no longer reported in 2025 (was €17,861)
mainly Other debts (-€18,780) and Investment in fixed assets (net) (-€7,500)
- Tangible fixed assets +€3,411
up €3,411 (+18.3%), from €18,645 to €22,057
of which Furniture and vehicles: +€7,500
- Other debts -€18,780
down €18,780 (-15.0%), from €125,390 to €106,611
- Short-term financial debts +€4,219
up €4,219 (+3,217%), from €131 to €4,350
- Depreciation -€20,369
down €20,369 (-83.3%), from €24,457 to €4,089
- Gross operating margin -€1,172
down €1,172 (-17.4%), from €6,724 to €5,551
- Other operating charges -€152
down €152 (-16.6%), from €917 to €764
- Financial charges +€89
up €89 (+24.9%), from €356 to €445
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 | €135,625 | €122,963 | -€12,663 | -9.3% |
| Fixed assets | 21/28 | €18,645 | €22,057 | +€3,411 | +18.3% |
| Tangible fixed assets | 22/27 | €18,645 | €22,057 | +€3,411 | +18.3% |
| Land and buildings | 22 | €15,741 | €12,978 | -€2,762 | -17.5% |
| Plant, machinery and equipment | 23 | €2,905 | €1,578 | -€1,326 | -45.7% |
| Furniture and vehicles | 24 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €116,980 | €100,906 | -€16,074 | -13.7% |
| Amounts receivable within one year | 40/41 | €98,860 | €100,164 | +€1,305 | +1.3% |
| Trade receivables | 40 | €98,762 | €100,134 | +€1,372 | +1.4% |
| Other amounts receivable | 41 | €97 | €30 | -€67 | -69.0% |
| Cash at bank and in hand | 54/58 | €17,861 | - | -€17,861 | |
| Deferred charges and accrued income | 490/1 | €260 | €742 | +€482 | +186% |
| Total equity and liabilities | 10/49 | €135,625 | €122,963 | -€12,663 | -9.3% |
| Equity | 10/15 | -€22,359 | -€22,098 | +€261 | +1.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,335 | €13,335 | = | 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% |
| Tax-exempt reserves | 132 | €9,850 | €9,850 | = | 0.0% |
| Distributable reserves | 133 | €1,625 | €1,625 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,094 | -€47,833 | +€261 | +0.5% |
| Amounts payable | 17/49 | €157,984 | €145,061 | -€12,923 | -8.2% |
| Amounts payable within one year | 42/48 | €157,984 | €145,061 | -€12,923 | -8.2% |
| Financial debts | 43 | €131 | €4,350 | +€4,219 | +3,217% |
| Credit institutions | 430/8 | €131 | €4,350 | +€4,219 | +3,217% |
| Trade debts | 44 | €32,462 | €32,858 | +€395 | +1.2% |
| Suppliers | 440/4 | €32,462 | €32,858 | +€395 | +1.2% |
| Taxes, remuneration and social security | 45 | - | €1,242 | +€1,242 | |
| Taxes | 450/3 | - | €1,242 | +€1,242 | |
| Other amounts payable | 47/48 | €125,390 | €106,611 | -€18,780 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,457 | €4,089 | -€20,369 | -83.3% |
| Other operating charges | 640/8 | €917 | €764 | -€152 | -16.6% |
| Gross operating margin | 9900 | €6,724 | €5,551 | -€1,172 | -17.4% |
| Operating profit (loss) | 9901 | -€18,650 | €699 | +€19,349 | |
| Financial income | 75/76B | €2 | €9 | +€7 | +291% |
| Recurring financial income | 75 | €2 | €9 | +€7 | +291% |
| Financial charges | 65/66B | €356 | €445 | +€89 | +24.9% |
| Recurring financial charges | 65 | €356 | €445 | +€89 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,004 | €263 | +€19,267 | |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€19,004 | €261 | +€19,264 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,004 | €261 | +€19,264 |
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 15 October 2026 via checked.be.