DR. PETER PAREDIS: 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.
DR. PETER PAREDIS
Largest movements
- Current investments -€265,774
down €265,774 (-28.3%), from €940,073 to €674,299
- Cash +€62,707
up €62,707 (+58.5%), from €107,278 to €169,985
mainly Current investments (+€265,774) and Net result for the year (+€172,247)
- Receivables within one year -€33,157
down €33,157 (-95.0%), from €34,901 to €1,744
of which Other amounts receivable: -€32,768
- Reserves -€238,158
down €238,158 (-24.7%), from €962,629 to €724,471
of which Distributable reserves: -€238,158
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Tax, wage and social debts +€13,523
up €13,523 (+76.7%), from €17,642 to €31,164
of which Taxes: +€13,558
- Gross operating margin +€29,879
up €29,879 (+11.9%), from €250,284 to €280,163
- Taxes +€13,814
up €13,814 (+22.8%), from €60,536 to €74,350
- Staff costs +€3,760
up €3,760 (+17.0%), from €22,116 to €25,876
- Financial income +€3,596
up €3,596 (+21.1%), from €17,079 to €20,674
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 | €1,150,390 | €911,798 | -€238,592 | -20.7% |
| Fixed assets | 21/28 | €68,138 | €65,770 | -€2,368 | -3.5% |
| Tangible fixed assets | 22/27 | €68,138 | €65,770 | -€2,368 | -3.5% |
| Land and buildings | 22 | €17,693 | €29,953 | +€12,260 | +69.3% |
| Plant, machinery and equipment | 23 | €3,131 | €2,262 | -€869 | -27.8% |
| Furniture and vehicles | 24 | €47,315 | €33,555 | -€13,760 | -29.1% |
| Current assets | 29/58 | €1,082,252 | €846,029 | -€236,223 | -21.8% |
| Amounts receivable within one year | 40/41 | €34,901 | €1,744 | -€33,157 | -95.0% |
| Trade receivables | 40 | €389 | - | -€389 | |
| Other amounts receivable | 41 | €34,512 | €1,744 | -€32,768 | -94.9% |
| Current investments | 50/53 | €940,073 | €674,299 | -€265,774 | -28.3% |
| Cash at bank and in hand | 54/58 | €107,278 | €169,985 | +€62,707 | +58.5% |
| Total equity and liabilities | 10/49 | €1,150,390 | €911,798 | -€238,592 | -20.7% |
| Equity | 10/15 | €1,117,560 | €879,402 | -€238,158 | -21.3% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €962,629 | €724,471 | -€238,158 | -24.7% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €925,129 | €686,971 | -€238,158 | -25.7% |
| Profit (loss) carried forward | 14 | €117,747 | €117,747 | = | 0.0% |
| Amounts payable | 17/49 | €32,830 | €32,396 | -€434 | -1.3% |
| Amounts payable within one year | 42/48 | €32,830 | €32,396 | -€434 | -1.3% |
| Trade debts | 44 | €188 | €1,232 | +€1,044 | +555% |
| Suppliers | 440/4 | €188 | €1,232 | +€1,044 | +555% |
| Taxes, remuneration and social security | 45 | €17,642 | €31,164 | +€13,523 | +76.7% |
| Taxes | 450/3 | €12,801 | €26,359 | +€13,558 | +106% |
| Remuneration and social security | 454/9 | €4,841 | €4,805 | -€36 | -0.7% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | €22,116 | €25,876 | +€3,760 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,429 | €25,732 | -€697 | -2.6% |
| Other operating charges | 640/8 | €2,235 | €2,380 | +€145 | +6.5% |
| Gross operating margin | 9900 | €250,284 | €280,163 | +€29,879 | +11.9% |
| Operating profit (loss) | 9901 | €199,504 | €226,175 | +€26,671 | +13.4% |
| Financial income | 75/76B | €17,079 | €20,674 | +€3,596 | +21.1% |
| Recurring financial income | 75 | €17,079 | €20,674 | +€3,596 | +21.1% |
| Financial charges | 65/66B | €245 | €252 | +€7 | +3.0% |
| Recurring financial charges | 65 | €245 | €252 | +€7 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €216,338 | €246,597 | +€30,259 | +14.0% |
| Income taxes | 67/77 | €60,536 | €74,350 | +€13,814 | +22.8% |
| Profit (loss) for the period | 9904 | €155,801 | €172,247 | +€16,446 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €155,801 | €172,247 | +€16,446 | +10.6% |
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 16 October 2026 via checked.be.