Paradiso: 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.
Paradiso
Largest movements
- Current investments +€45,000
new in 2024: €45,000
- Cash -€23,059
down €23,059 (-22.8%), from €101,035 to €77,976
mainly Current investments (-€45,000) and Receivables within one year (-€7,138)
- Receivables within one year +€7,138
up €7,138 (+22.9%), from €31,129 to €38,266
of which Other amounts receivable: +€3,731
- Deferred charges and accrued income +€3,419
up €3,419, from €0 to €3,419
- Reserves +€23,514
up €23,514 (+18.5%), from €126,815 to €150,329
of which Distributable reserves: +€25,373
- Trade debts +€9,085
up €9,085 (+74.4%), from €12,210 to €21,295
- Staff costs +€18,884
up €18,884 (+47.2%), from €40,022 to €58,906
- Gross operating margin +€9,421
up €9,421 (+11.1%), from €84,913 to €94,334
- Taxes +€5,069
up €5,069 (+179%), from €2,826 to €7,895
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 | €184,867 | €215,930 | +€31,064 | +16.8% |
| Fixed assets | 21/28 | €52,703 | €51,269 | -€1,434 | -2.7% |
| Tangible fixed assets | 22/27 | €6,409 | €4,975 | -€1,434 | -22.4% |
| Plant, machinery and equipment | 23 | €3,666 | €3,169 | -€498 | -13.6% |
| Furniture and vehicles | 24 | €2,743 | €1,806 | -€936 | -34.1% |
| Financial fixed assets | 28 | €46,294 | €46,294 | = | 0.0% |
| Current assets | 29/58 | €132,164 | €164,662 | +€32,498 | +24.6% |
| Amounts receivable within one year | 40/41 | €31,129 | €38,266 | +€7,138 | +22.9% |
| Trade receivables | 40 | - | €3,406 | +€3,406 | |
| Other amounts receivable | 41 | €31,129 | €34,860 | +€3,731 | +12.0% |
| Current investments | 50/53 | - | €45,000 | +€45,000 | |
| Cash at bank and in hand | 54/58 | €101,035 | €77,976 | -€23,059 | -22.8% |
| Deferred charges and accrued income | 490/1 | €0 | €3,419 | +€3,419 | |
| Total equity and liabilities | 10/49 | €184,867 | €215,930 | +€31,064 | +16.8% |
| Equity | 10/15 | €145,407 | €168,921 | +€23,514 | +16.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €126,815 | €150,329 | +€23,514 | +18.5% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €124,956 | €150,329 | +€25,373 | +20.3% |
| Amounts payable | 17/49 | €39,460 | €47,009 | +€7,550 | +19.1% |
| Amounts payable within one year | 42/48 | €37,960 | €47,009 | +€9,050 | +23.8% |
| Trade debts | 44 | €12,210 | €21,295 | +€9,085 | +74.4% |
| Suppliers | 440/4 | €12,210 | €21,295 | +€9,085 | +74.4% |
| Taxes, remuneration and social security | 45 | €5,592 | €4,371 | -€1,220 | -21.8% |
| Taxes | 450/3 | €2,968 | €1,190 | -€1,778 | -59.9% |
| Remuneration and social security | 454/9 | €2,624 | €3,182 | +€558 | +21.3% |
| Other amounts payable | 47/48 | €20,158 | €21,343 | +€1,185 | +5.9% |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100% |
| Remuneration, social security and pensions | 62 | €40,022 | €58,906 | +€18,884 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,434 | €1,434 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,666 | €2,546 | -€120 | -4.5% |
| Gross operating margin | 9900 | €84,913 | €94,334 | +€9,421 | +11.1% |
| Operating profit (loss) | 9901 | €40,791 | €31,448 | -€9,343 | -22.9% |
| Financial income | 75/76B | €104 | €709 | +€605 | +584% |
| Recurring financial income | 75 | €104 | €709 | +€605 | +584% |
| Financial charges | 65/66B | €866 | €748 | -€118 | -13.7% |
| Recurring financial charges | 65 | €866 | €748 | -€118 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €40,029 | €31,409 | -€8,620 | -21.5% |
| Income taxes | 67/77 | €2,826 | €7,895 | +€5,069 | +179% |
| Profit (loss) for the period | 9904 | €37,203 | €23,514 | -€13,689 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,203 | €23,514 | -€13,689 | -36.8% |
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 19 October 2026 via checked.be.