PARA-GIPS: 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.
PARA-GIPS
Largest movements
- Receivables within one year +€182,465
up €182,465 (+63.5%), from €287,387 to €469,852
of which Trade receivables: +€192,433
- Other debts +€123,906
new in 2025: €123,906
- Trade debts +€46,984
up €46,984 (+28.7%), from €163,569 to €210,553
- Tax, wage and social debts +€21,484
up €21,484 (+86.1%), from €24,941 to €46,425
of which Remuneration and social security: +€20,236
- Profit (loss) carried forward -€11,807
down €11,807 (-11.4%), from €103,431 to €91,624
- Other operating charges +€4,541
up €4,541 (+286%), from €1,587 to €6,128
- Gross operating margin -€4,194
down €4,194, from €433 to -€3,761
- Taxes +€456
new in 2025: €456
- Depreciation +€345
up €345 (+37.1%), from €930 to €1,275
- Financial charges -€202
down €202 (-51.9%), from €389 to €187
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 | €300,013 | €480,568 | +€180,555 | +60.2% |
| Fixed assets | 21/28 | €11,341 | €10,066 | -€1,275 | -11.2% |
| Tangible fixed assets | 22/27 | €5,441 | €4,166 | -€1,275 | -23.4% |
| Furniture and vehicles | 24 | €5,441 | €4,166 | -€1,275 | -23.4% |
| Financial fixed assets | 28 | €5,900 | €5,900 | = | 0.0% |
| Current assets | 29/58 | €288,672 | €470,502 | +€181,830 | +63.0% |
| Amounts receivable within one year | 40/41 | €287,387 | €469,852 | +€182,465 | +63.5% |
| Trade receivables | 40 | €266,713 | €459,146 | +€192,433 | +72.1% |
| Other amounts receivable | 41 | €20,674 | €10,706 | -€9,968 | -48.2% |
| Cash at bank and in hand | 54/58 | €1,054 | €219 | -€835 | -79.2% |
| Deferred charges and accrued income | 490/1 | €231 | €431 | +€200 | +86.6% |
| Total equity and liabilities | 10/49 | €300,013 | €480,568 | +€180,555 | +60.2% |
| Equity | 10/15 | €111,491 | €99,684 | -€11,807 | -10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,431 | €91,624 | -€11,807 | -11.4% |
| Amounts payable | 17/49 | €188,522 | €380,884 | +€192,362 | +102% |
| Amounts payable within one year | 42/48 | €188,510 | €380,884 | +€192,374 | +102% |
| Trade debts | 44 | €163,569 | €210,553 | +€46,984 | +28.7% |
| Suppliers | 440/4 | €163,569 | €210,553 | +€46,984 | +28.7% |
| Taxes, remuneration and social security | 45 | €24,941 | €46,425 | +€21,484 | +86.1% |
| Taxes | 450/3 | €3,946 | €5,194 | +€1,248 | +31.6% |
| Remuneration and social security | 454/9 | €20,995 | €41,231 | +€20,236 | +96.4% |
| Other amounts payable | 47/48 | - | €123,906 | +€123,906 | |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €930 | €1,275 | +€345 | +37.1% |
| Other operating charges | 640/8 | €1,587 | €6,128 | +€4,541 | +286% |
| Gross operating margin | 9900 | €433 | -€3,761 | -€4,194 | |
| Operating profit (loss) | 9901 | -€2,084 | -€11,164 | -€9,080 | -436% |
| Financial charges | 65/66B | €389 | €187 | -€202 | -51.9% |
| Recurring financial charges | 65 | €389 | €187 | -€202 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,473 | -€11,351 | -€8,878 | -359% |
| Income taxes | 67/77 | - | €456 | +€456 | |
| Profit (loss) for the period | 9904 | -€2,473 | -€11,807 | -€9,334 | -377% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,473 | -€11,807 | -€9,334 | -377% |
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 23 October 2026 via checked.be.