ELEVATOR SYSTEMS PARDO: what changed
ELEVATOR SYSTEMS PARDO
Largest movements
- Tangible fixed assets -€39,659
down €39,659 (-17.9%), from €221,694 to €182,034
of which Furniture and vehicles: -€24,555
- Cash +€18,868
up €18,868 (+50.0%), from €37,705 to €56,573
mainly Depreciation (+€51,054) and Net result for the year (+€11,802)
- Receivables within one year +€18,189
up €18,189 (+67.2%), from €27,072 to €45,261
of which Trade receivables: +€13,117
- Stocks and contracts -€4,593
down €4,593 (-31.0%), from €14,820 to €10,227
- Debts after one year -€20,630
down €20,630 (-20.9%), from €98,890 to €78,259
- Reserves +€11,802
up €11,802 (+9.9%), from €119,093 to €130,895
- Trade debts +€7,341
up €7,341 (+31.0%), from €23,689 to €31,030
- Accrued charges and deferred income -€4,513
down €4,513 (-41.3%), from €10,916 to €6,403
- Staff costs -€9,970
down €9,970, from €9,886 to -€84
- Gross operating margin -€7,223
down €7,223 (-8.9%), from €81,189 to €73,966
- Depreciation +€3,267
up €3,267 (+6.8%), from €47,787 to €51,054
- Financial charges -€830
down €830 (-13.5%), from €6,157 to €5,327
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 | €302,656 | €294,520 | -€8,135 | -2.7% |
| Fixed assets | 21/28 | €221,729 | €182,069 | -€39,659 | -17.9% |
| Tangible fixed assets | 22/27 | €221,694 | €182,034 | -€39,659 | -17.9% |
| Plant, machinery and equipment | 23 | €118,566 | €103,462 | -€15,105 | -12.7% |
| Furniture and vehicles | 24 | €103,127 | €78,573 | -€24,555 | -23.8% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €80,927 | €112,451 | +€31,524 | +39.0% |
| Stocks and contracts in progress | 3 | €14,820 | €10,227 | -€4,593 | -31.0% |
| Stocks | 30/36 | €14,820 | €10,227 | -€4,593 | -31.0% |
| Amounts receivable within one year | 40/41 | €27,072 | €45,261 | +€18,189 | +67.2% |
| Trade receivables | 40 | €24,322 | €37,439 | +€13,117 | +53.9% |
| Other amounts receivable | 41 | €2,750 | €7,822 | +€5,073 | +184% |
| Cash at bank and in hand | 54/58 | €37,705 | €56,573 | +€18,868 | +50.0% |
| Deferred charges and accrued income | 490/1 | €1,331 | €390 | -€941 | -70.7% |
| Total equity and liabilities | 10/49 | €302,656 | €294,520 | -€8,135 | -2.7% |
| Equity | 10/15 | €137,693 | €149,495 | +€11,802 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,093 | €130,895 | +€11,802 | +9.9% |
| Distributable reserves | 133 | €119,093 | €130,895 | +€11,802 | +9.9% |
| Amounts payable | 17/49 | €164,963 | €145,025 | -€19,938 | -12.1% |
| Amounts payable after more than one year | 17 | €98,890 | €78,259 | -€20,630 | -20.9% |
| Financial debts | 170/4 | €98,890 | €78,259 | -€20,630 | -20.9% |
| Amounts payable within one year | 42/48 | €55,157 | €60,363 | +€5,206 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €21,983 | €20,630 | -€1,353 | -6.2% |
| Trade debts | 44 | €23,689 | €31,030 | +€7,341 | +31.0% |
| Suppliers | 440/4 | €23,689 | €31,030 | +€7,341 | +31.0% |
| Taxes, remuneration and social security | 45 | €1,242 | €0 | -€1,242 | -100% |
| Taxes | 450/3 | €1,242 | €0 | -€1,242 | -100% |
| Other amounts payable | 47/48 | €8,243 | €8,703 | +€460 | +5.6% |
| Accrued charges and deferred income | 492/3 | €10,916 | €6,403 | -€4,513 | -41.3% |
| Non-recurring operating income | 76A | €6,311 | €0 | -€6,311 | -100% |
| Remuneration, social security and pensions | 62 | €9,886 | -€84 | -€9,970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,787 | €51,054 | +€3,267 | +6.8% |
| Other operating charges | 640/8 | €1,413 | €709 | -€704 | -49.8% |
| Non-recurring operating charges | 66A | €432 | €53 | -€379 | -87.7% |
| Gross operating margin | 9900 | €81,189 | €73,966 | -€7,223 | -8.9% |
| Operating profit (loss) | 9901 | €21,672 | €22,233 | +€562 | +2.6% |
| Financial income | 75/76B | €2 | €11 | +€9 | +382% |
| Recurring financial income | 75 | €2 | €11 | +€9 | +382% |
| Financial charges | 65/66B | €6,157 | €5,327 | -€830 | -13.5% |
| Recurring financial charges | 65 | €6,157 | €5,327 | -€830 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €15,517 | €16,917 | +€1,400 | +9.0% |
| Income taxes | 67/77 | €4,857 | €5,115 | +€258 | +5.3% |
| Profit (loss) for the period | 9904 | €10,660 | €11,802 | +€1,142 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,660 | €11,802 | +€1,142 | +10.7% |
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 2 November 2026 via checked.be.