PAIN PARASOL: 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.
PAIN PARASOL
Largest movements
- Receivables within one year +€21,006
up €21,006 (+84.4%), from €24,903 to €45,909
of which Other amounts receivable: +€19,837
- Cash -€2,102
down €2,102 (-39.4%), from €5,333 to €3,231
mainly Receivables within one year (-€21,006) and Trade debts (-€15,371)
- Profit (loss) carried forward +€27,231
up €27,231 (+44.7%), from -€60,944 to -€33,713
- Trade debts -€15,371
down €15,371 (-55.1%), from €27,874 to €12,504
- Debts after one year +€6,920
up €6,920 (+15.4%), from €45,025 to €51,945
- Gross operating margin -€11,148
down €11,148 (-19.7%), from €56,692 to €45,544
- Staff costs +€2,824
up €2,824 (+21.2%), from €13,342 to €16,166
- Financial charges +€1,289
up €1,289 (+280%), from €460 to €1,749
- Other operating charges -€1,137
no longer reported in 2024 (was €1,137)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,893 | €51,789 | +€18,897 | +57.4% |
| Fixed assets | 21/28 | €1,648 | €1,615 | -€33 | -2.0% |
| Tangible fixed assets | 22/27 | €1,148 | €1,115 | -€33 | -2.9% |
| Plant, machinery and equipment | 23 | €1,148 | €1,115 | -€33 | -2.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €31,245 | €50,175 | +€18,930 | +60.6% |
| Amounts receivable within one year | 40/41 | €24,903 | €45,909 | +€21,006 | +84.4% |
| Trade receivables | 40 | - | €1,170 | +€1,170 | |
| Other amounts receivable | 41 | €24,903 | €44,740 | +€19,837 | +79.7% |
| Cash at bank and in hand | 54/58 | €5,333 | €3,231 | -€2,102 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,009 | €1,034 | +€25 | +2.5% |
| Total equity and liabilities | 10/49 | €32,893 | €51,789 | +€18,897 | +57.4% |
| Equity | 10/15 | -€42,352 | -€15,121 | +€27,231 | +64.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,944 | -€33,713 | +€27,231 | +44.7% |
| Amounts payable | 17/49 | €75,244 | €66,910 | -€8,334 | -11.1% |
| Amounts payable after more than one year | 17 | €45,025 | €51,945 | +€6,920 | +15.4% |
| Financial debts | 170/4 | €45,025 | €51,945 | +€6,920 | +15.4% |
| Amounts payable within one year | 42/48 | €30,219 | €14,965 | -€15,254 | -50.5% |
| Trade debts | 44 | €27,874 | €12,504 | -€15,371 | -55.1% |
| Suppliers | 440/4 | €27,874 | €12,504 | -€15,371 | -55.1% |
| Taxes, remuneration and social security | 45 | €2,345 | €2,461 | +€117 | +5.0% |
| Taxes | 450/3 | €2,345 | €750 | -€1,595 | -68.0% |
| Remuneration and social security | 454/9 | - | €1,711 | +€1,711 | |
| Remuneration, social security and pensions | 62 | €13,342 | €16,166 | +€2,824 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €404 | +€47 | +13.0% |
| Other operating charges | 640/8 | €1,137 | - | -€1,137 | |
| Gross operating margin | 9900 | €56,692 | €45,544 | -€11,148 | -19.7% |
| Operating profit (loss) | 9901 | €41,855 | €28,974 | -€12,881 | -30.8% |
| Financial income | 75/76B | €5 | €6 | +€1 | +9.3% |
| Recurring financial income | 75 | €5 | €6 | +€1 | +9.3% |
| Financial charges | 65/66B | €460 | €1,749 | +€1,289 | +280% |
| Recurring financial charges | 65 | €460 | €1,749 | +€1,289 | +280% |
| Profit (loss) for the period before taxes | 9903 | €41,401 | €27,231 | -€14,170 | -34.2% |
| Profit (loss) for the period | 9904 | €41,401 | €27,231 | -€14,170 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,401 | €27,231 | -€14,170 | -34.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.