LG PARO: 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.
LG PARO
Largest movements
- Tangible fixed assets +€95,260
up €95,260 (+3,608%), from €2,640 to €97,900
of which Furniture and vehicles: +€96,521
- Current investments +€77,000
up €77,000 (+770%), from €10,000 to €87,000
- Cash +€36,602
up €36,602 (+14.7%), from €249,666 to €286,268
mainly Net result for the year (+€164,056) and Debts after one year (+€25,551)
- Receivables within one year +€6,052
up €6,052 (+26.2%), from €23,142 to €29,194
- Reserves +€164,056
up €164,056 (+72.6%), from €226,063 to €390,119
- Debts after one year +€25,551
new in 2025: €25,551
- Tax, wage and social debts +€15,156
up €15,156 (+26.9%), from €56,271 to €71,428
- Current portion of long-term debt +€9,703
new in 2025: €9,703
- Gross operating margin +€58,454
up €58,454 (+30.8%), from €189,621 to €248,076
- Taxes +€15,156
up €15,156 (+26.9%), from €56,271 to €71,428
- Depreciation +€12,945
up €12,945 (+3,397%), from €381 to €13,326
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 | €291,260 | €504,044 | +€212,784 | +73.1% |
| Fixed assets | 21/28 | €2,640 | €97,900 | +€95,260 | +3,608% |
| Tangible fixed assets | 22/27 | €2,640 | €97,900 | +€95,260 | +3,608% |
| Plant, machinery and equipment | 23 | €2,640 | €1,379 | -€1,261 | -47.8% |
| Furniture and vehicles | 24 | - | €96,521 | +€96,521 | |
| Current assets | 29/58 | €288,620 | €406,144 | +€117,524 | +40.7% |
| Amounts receivable within one year | 40/41 | €23,142 | €29,194 | +€6,052 | +26.2% |
| Trade receivables | 40 | €23,142 | €29,194 | +€6,052 | +26.2% |
| Current investments | 50/53 | €10,000 | €87,000 | +€77,000 | +770% |
| Cash at bank and in hand | 54/58 | €249,666 | €286,268 | +€36,602 | +14.7% |
| Deferred charges and accrued income | 490/1 | €5,812 | €3,682 | -€2,130 | -36.7% |
| Total equity and liabilities | 10/49 | €291,260 | €504,044 | +€212,784 | +73.1% |
| Equity | 10/15 | €232,063 | €396,119 | +€164,056 | +70.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €226,063 | €390,119 | +€164,056 | +72.6% |
| Distributable reserves | 133 | €226,063 | €390,119 | +€164,056 | +72.6% |
| Amounts payable | 17/49 | €59,197 | €107,925 | +€48,727 | +82.3% |
| Amounts payable after more than one year | 17 | - | €25,551 | +€25,551 | |
| Financial debts | 170/4 | - | €25,551 | +€25,551 | |
| Amounts payable within one year | 42/48 | €59,197 | €82,373 | +€23,176 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | - | €9,703 | +€9,703 | |
| Trade debts | 44 | €2,804 | €759 | -€2,045 | -72.9% |
| Suppliers | 440/4 | €2,804 | €759 | -€2,045 | -72.9% |
| Taxes, remuneration and social security | 45 | €56,271 | €71,428 | +€15,156 | +26.9% |
| Taxes | 450/3 | €56,271 | €71,428 | +€15,156 | +26.9% |
| Other amounts payable | 47/48 | €122 | €483 | +€361 | +297% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381 | €13,326 | +€12,945 | +3,397% |
| Other operating charges | 640/8 | €64 | €210 | +€146 | +229% |
| Gross operating margin | 9900 | €189,621 | €248,076 | +€58,454 | +30.8% |
| Operating profit (loss) | 9901 | €189,176 | €234,540 | +€45,364 | +24.0% |
| Financial income | 75/76B | €91 | €2,312 | +€2,222 | +2,453% |
| Recurring financial income | 75 | €91 | €2,312 | +€2,222 | +2,453% |
| Financial charges | 65/66B | €245 | €1,369 | +€1,124 | +458% |
| Recurring financial charges | 65 | €245 | €883 | +€638 | +260% |
| Non-recurring financial charges | 66B | - | €486 | +€486 | |
| Profit (loss) for the period before taxes | 9903 | €189,022 | €235,484 | +€46,462 | +24.6% |
| Income taxes | 67/77 | €56,271 | €71,428 | +€15,156 | +26.9% |
| Profit (loss) for the period | 9904 | €132,751 | €164,056 | +€31,306 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €132,751 | €164,056 | +€31,306 | +23.6% |
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 20 October 2026 via checked.be.