Par Belenos SRL: 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.
Par Belenos SRL
Largest movements
- Tangible fixed assets +€21,577
up €21,577 (+262%), from €8,248 to €29,824
of which Furniture and vehicles: +€20,898
- Receivables within one year +€5,613
up €5,613 (+219%), from €2,559 to €8,173
of which Other amounts receivable: +€3,742
- Cash -€2,405
down €2,405 (-70.7%), from €3,403 to €997
mainly Investment in fixed assets (net) (-€24,984) and Net result for the year (-€7,699)
- Debts after one year +€17,108
new in 2025: €17,108
- Other debts +€9,360
up €9,360 (+55.3%), from €16,935 to €26,295
- Profit (loss) carried forward -€7,699
down €7,699 (-120%), from -€6,437 to -€14,136
- Current portion of long-term debt +€5,198
new in 2025: €5,198
- Trade debts +€2,046
up €2,046 (+88.5%), from €2,313 to €4,359
- Gross operating margin -€12,470
down €12,470 (-76.0%), from €16,397 to €3,928
- Other operating charges +€4,137
up €4,137 (+622%), from €665 to €4,802
- Financial charges -€948
down €948 (-23.5%), from €4,038 to €3,090
- Depreciation +€388
up €388 (+12.8%), from €3,019 to €3,407
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 | €14,829 | €39,858 | +€25,030 | +169% |
| Fixed assets | 21/28 | €8,373 | €29,949 | +€21,577 | +258% |
| Tangible fixed assets | 22/27 | €8,248 | €29,824 | +€21,577 | +262% |
| Plant, machinery and equipment | 23 | €4,950 | €5,629 | +€679 | +13.7% |
| Furniture and vehicles | 24 | €3,298 | €24,196 | +€20,898 | +634% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €6,456 | €9,909 | +€3,453 | +53.5% |
| Amounts receivable within one year | 40/41 | €2,559 | €8,173 | +€5,613 | +219% |
| Trade receivables | 40 | €2,559 | €4,431 | +€1,872 | +73.1% |
| Other amounts receivable | 41 | - | €3,742 | +€3,742 | |
| Cash at bank and in hand | 54/58 | €3,403 | €997 | -€2,405 | -70.7% |
| Deferred charges and accrued income | 490/1 | €494 | €739 | +€245 | +49.7% |
| Total equity and liabilities | 10/49 | €14,829 | €39,858 | +€25,030 | +169% |
| Equity | 10/15 | -€5,437 | -€13,136 | -€7,699 | -142% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,437 | -€14,136 | -€7,699 | -120% |
| Amounts payable | 17/49 | €20,265 | €52,994 | +€32,729 | +162% |
| Amounts payable after more than one year | 17 | - | €17,108 | +€17,108 | |
| Financial debts | 170/4 | - | €17,108 | +€17,108 | |
| Amounts payable within one year | 42/48 | €20,265 | €35,887 | +€15,621 | +77.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,198 | +€5,198 | |
| Trade debts | 44 | €2,313 | €4,359 | +€2,046 | +88.5% |
| Suppliers | 440/4 | €2,313 | €4,359 | +€2,046 | +88.5% |
| Taxes, remuneration and social security | 45 | €1,018 | €35 | -€983 | -96.5% |
| Taxes | 450/3 | €1,018 | €35 | -€983 | -96.5% |
| Other amounts payable | 47/48 | €16,935 | €26,295 | +€9,360 | +55.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,019 | €3,407 | +€388 | +12.8% |
| Other operating charges | 640/8 | €665 | €4,802 | +€4,137 | +622% |
| Non-recurring operating charges | 66A | €105 | €215 | +€110 | +105% |
| Gross operating margin | 9900 | €16,397 | €3,928 | -€12,470 | -76.0% |
| Operating profit (loss) | 9901 | €12,608 | -€4,497 | -€17,104 | |
| Financial income | 75/76B | €0 | €8 | +€8 | +11,057% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +11,057% |
| Financial charges | 65/66B | €4,038 | €3,090 | -€948 | -23.5% |
| Recurring financial charges | 65 | €4,038 | €3,090 | -€948 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €8,570 | -€7,579 | -€16,148 | |
| Income taxes | 67/77 | €140 | €120 | -€19 | -13.7% |
| Profit (loss) for the period | 9904 | €8,430 | -€7,699 | -€16,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,430 | -€7,699 | -€16,129 |
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 18 October 2026 via checked.be.