Pairon Projects & Consultancy: 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.
Pairon Projects & Consultancy
Largest movements
- Tangible fixed assets +€51,334
up €51,334 (+1293.7%), from €3,968 to €55,301
of which Furniture and vehicles: +€52,048
- Cash +€2,388
up €2,388 (+4.9%), from €48,252 to €50,641
mainly Net result for the year (+€51,035) and Debts after one year (+€17,055)
- Reserves +€51,035
up €51,035 (+77.7%), from €65,646 to €116,681
- Other debts -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Debts after one year +€17,055
new in 2025: €17,055
- Current portion of long-term debt +€14,924
new in 2025: €14,924
- Tax, wage and social debts +€4,809
up €4,809 (+50.1%), from €9,593 to €14,402
- Depreciation +€10,964
up €10,964 (+437.3%), from €2,507 to €13,471
- Other operating charges +€5,468
up €5,468 (+598.5%), from €914 to €6,381
- Taxes -€2,536
down €2,536 (-16.1%), from €15,716 to €13,180
- Financial charges -€2,338
down €2,338 (-47.2%), from €4,956 to €2,618
- Gross operating margin +€1,914
up €1,914 (+2.3%), from €83,242 to €85,156
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.
Cash bridge derived
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 | €112,472 | €165,600 | +€53,129 | +47.2% |
| Fixed assets | 21/28 | €4,218 | €55,551 | +€51,334 | +1217.0% |
| Tangible fixed assets | 22/27 | €3,968 | €55,301 | +€51,334 | +1293.7% |
| Furniture and vehicles | 24 | €2,114 | €54,162 | +€52,048 | +2462.1% |
| Other tangible fixed assets | 26 | €1,854 | €1,139 | -€715 | -38.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €108,254 | €110,049 | +€1,795 | +1.7% |
| Amounts receivable within one year | 40/41 | €57,631 | €57,662 | +€32 | +0.1% |
| Trade receivables | 40 | €34,259 | €26,995 | -€7,264 | -21.2% |
| Other amounts receivable | 41 | €23,372 | €30,667 | +€7,295 | +31.2% |
| Cash at bank and in hand | 54/58 | €48,252 | €50,641 | +€2,388 | +4.9% |
| Deferred charges and accrued income | 490/1 | €2,371 | €1,746 | -€625 | -26.4% |
| Total equity and liabilities | 10/49 | €112,472 | €165,600 | +€53,129 | +47.2% |
| Equity | 10/15 | €66,646 | €117,681 | +€51,035 | +76.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €65,646 | €116,681 | +€51,035 | +77.7% |
| Distributable reserves | 133 | €65,646 | €116,681 | +€51,035 | +77.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,826 | €47,919 | +€2,093 | +4.6% |
| Amounts payable after more than one year | 17 | - | €17,055 | +€17,055 | |
| Financial debts | 170/4 | - | €17,055 | +€17,055 | |
| Amounts payable within one year | 42/48 | €45,826 | €30,864 | -€14,962 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | - | €14,924 | +€14,924 | |
| Trade debts | 44 | €1,233 | €1,538 | +€305 | +24.8% |
| Suppliers | 440/4 | €1,233 | €1,538 | +€305 | +24.8% |
| Taxes, remuneration and social security | 45 | €9,593 | €14,402 | +€4,809 | +50.1% |
| Taxes | 450/3 | €9,593 | €14,402 | +€4,809 | +50.1% |
| Other amounts payable | 47/48 | €35,000 | €0 | -€35,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,507 | €13,471 | +€10,964 | +437.3% |
| Other operating charges | 640/8 | €914 | €6,381 | +€5,468 | +598.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €83,242 | €85,156 | +€1,914 | +2.3% |
| Operating profit (loss) | 9901 | €79,822 | €65,304 | -€14,518 | -18.2% |
| Financial income | 75/76B | €1,099 | €1,529 | +€430 | +39.2% |
| Recurring financial income | 75 | €1,099 | €1,529 | +€430 | +39.2% |
| Financial charges | 65/66B | €4,956 | €2,618 | -€2,338 | -47.2% |
| Recurring financial charges | 65 | €4,956 | €2,618 | -€2,338 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €75,964 | €64,215 | -€11,749 | -15.5% |
| Income taxes | 67/77 | €15,716 | €13,180 | -€2,536 | -16.1% |
| Profit (loss) for the period | 9904 | €60,248 | €51,035 | -€9,213 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,248 | €51,035 | -€9,213 | -15.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.