LE PARIS-BREST: what changed
LE PARIS-BREST
Largest movements
- Tangible fixed assets -€12,199
no longer reported in 2025 (was €12,199)
of which Other tangible fixed assets: -€10,523
- Cash -€7,057
down €7,057 (-52.8%), from €13,368 to €6,311
mainly Current portion of long-term debt (-€18,483) and Tax, wage and social debts (-€8,643)
- Receivables within one year +€6,534
up €6,534 (+5.0%), from €131,434 to €137,968
- Current portion of long-term debt -€18,483
down €18,483 (-49.7%), from €37,223 to €18,740
- Tax, wage and social debts -€8,643
down €8,643 (-65.6%), from €13,170 to €4,527
of which Remuneration and social security: -€8,844
- Short-term financial debts +€6,734
new in 2025: €6,734
- Profit (loss) carried forward +€6,052
up €6,052 (+7.7%), from €78,885 to €84,937
- Trade debts +€2,714
up €2,714 (+30.1%), from €9,013 to €11,727
- Staff costs -€17,657
down €17,657 (-36.6%), from €48,230 to €30,573
- Financial income -€10,142
down €10,142 (-99.9%), from €10,157 to €15
of which Non-recurring financial income: -€10,157
- Depreciation +€7,109
up €7,109 (+140%), from €5,090 to €12,199
- Gross operating margin +€5,419
up €5,419 (+9.0%), from €60,489 to €65,908
- Taxes +€2,695
up €2,695 (+50.8%), from €5,305 to €8,000
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 | €159,144 | €147,561 | -€11,583 | -7.3% |
| Fixed assets | 21/28 | €12,689 | €490 | -€12,199 | -96.1% |
| Tangible fixed assets | 22/27 | €12,199 | - | -€12,199 | |
| Plant, machinery and equipment | 23 | €1,321 | - | -€1,321 | |
| Furniture and vehicles | 24 | €355 | - | -€355 | |
| Other tangible fixed assets | 26 | €10,523 | - | -€10,523 | |
| Financial fixed assets | 28 | €490 | €490 | = | 0.0% |
| Current assets | 29/58 | €146,455 | €147,071 | +€616 | +0.4% |
| Stocks and contracts in progress | 3 | €1,600 | €2,000 | +€400 | +25.0% |
| Stocks | 30/36 | €1,600 | €2,000 | +€400 | +25.0% |
| Amounts receivable within one year | 40/41 | €131,434 | €137,968 | +€6,534 | +5.0% |
| Other amounts receivable | 41 | €131,434 | €137,968 | +€6,534 | +5.0% |
| Cash at bank and in hand | 54/58 | €13,368 | €6,311 | -€7,057 | -52.8% |
| Deferred charges and accrued income | 490/1 | €53 | €792 | +€739 | +1,394% |
| Total equity and liabilities | 10/49 | €159,144 | €147,561 | -€11,583 | -7.3% |
| Equity | 10/15 | €99,738 | €105,790 | +€6,052 | +6.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,453 | €8,453 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,453 | €8,453 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,453 | €8,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,885 | €84,937 | +€6,052 | +7.7% |
| Amounts payable | 17/49 | €59,406 | €41,771 | -€17,635 | -29.7% |
| Amounts payable within one year | 42/48 | €59,406 | €41,728 | -€17,678 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €37,223 | €18,740 | -€18,483 | -49.7% |
| Financial debts | 43 | - | €6,734 | +€6,734 | |
| Credit institutions | 430/8 | - | €6,734 | +€6,734 | |
| Trade debts | 44 | €9,013 | €11,727 | +€2,714 | +30.1% |
| Suppliers | 440/4 | €9,013 | €11,727 | +€2,714 | +30.1% |
| Taxes, remuneration and social security | 45 | €13,170 | €4,527 | -€8,643 | -65.6% |
| Taxes | 450/3 | €4,326 | €4,527 | +€201 | +4.6% |
| Remuneration and social security | 454/9 | €8,844 | - | -€8,844 | |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Remuneration, social security and pensions | 62 | €48,230 | €30,573 | -€17,657 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,090 | €12,199 | +€7,109 | +140% |
| Other operating charges | 640/8 | €857 | €1,662 | +€805 | +93.9% |
| Gross operating margin | 9900 | €60,489 | €65,908 | +€5,419 | +9.0% |
| Operating profit (loss) | 9901 | €6,312 | €21,474 | +€15,162 | +240% |
| Financial income | 75/76B | €10,157 | €15 | -€10,142 | -99.9% |
| Recurring financial income | 75 | €10,157 | €15 | -€10,142 | -99.9% |
| Non-recurring financial income | 76B | €10,157 | - | -€10,157 | |
| Financial charges | 65/66B | €9,891 | €7,437 | -€2,454 | -24.8% |
| Recurring financial charges | 65 | €9,891 | €7,437 | -€2,454 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €6,578 | €14,052 | +€7,474 | +114% |
| Income taxes | 67/77 | €5,305 | €8,000 | +€2,695 | +50.8% |
| Profit (loss) for the period | 9904 | €1,273 | €6,052 | +€4,779 | +375% |
| Profit (loss) for the period to be appropriated | 9905 | €1,273 | €6,052 | +€4,779 | +375% |
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.