PARAMAFIN: 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.
PARAMAFIN
Largest movements
- Receivables after one year -€550,000
down €550,000 (-29.7%), from €1.9m to €1.3m
- Cash +€385,023
up €385,023 (+400%), from €96,234 to €481,256
mainly Receivables after one year (+€550,000) and Other debts (+€142,679)
- Current investments +€100,000
up €100,000 (+15.4%), from €650,000 to €750,000
- Debts after one year -€183,314
down €183,314 (-13.3%), from €1.4m to €1.2m
- Other debts +€142,679
up €142,679 (+121%), from €117,927 to €260,606
- Profit (loss) carried forward -€38,222
down €38,222 (-5.7%), from €666,801 to €628,579
- Gross operating margin -€13,948
down €13,948 (-61.8%), from -€22,553 to -€36,502
- Financial income -€10,524
down €10,524 (-16.6%), from €63,432 to €52,908
- Financial charges -€7,224
down €7,224 (-15.1%), from €47,818 to €40,594
- Depreciation +€3,637
up €3,637 (+41.1%), from €8,846 to €12,483
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,713,628 | €2,621,145 | -€92,483 | -3.4% |
| Fixed assets | 21/28 | €53,570 | €41,086 | -€12,483 | -23.3% |
| Tangible fixed assets | 22/27 | €53,570 | €41,086 | -€12,483 | -23.3% |
| Plant, machinery and equipment | 23 | €3,031 | €2,409 | -€622 | -20.5% |
| Furniture and vehicles | 24 | €50,538 | €38,677 | -€11,861 | -23.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,660,059 | €2,580,059 | -€80,000 | -3.0% |
| Amounts receivable after more than one year | 29 | €1,850,000 | €1,300,000 | -€550,000 | -29.7% |
| Other amounts receivable | 291 | €1,850,000 | €1,300,000 | -€550,000 | -29.7% |
| Amounts receivable within one year | 40/41 | €55,000 | €45,087 | -€9,913 | -18.0% |
| Other amounts receivable | 41 | €55,000 | €45,087 | -€9,913 | -18.0% |
| Current investments | 50/53 | €650,000 | €750,000 | +€100,000 | +15.4% |
| Cash at bank and in hand | 54/58 | €96,234 | €481,256 | +€385,023 | +400% |
| Deferred charges and accrued income | 490/1 | €8,825 | €3,715 | -€5,110 | -57.9% |
| Total equity and liabilities | 10/49 | €2,713,628 | €2,621,145 | -€92,483 | -3.4% |
| Equity | 10/15 | €1,158,050 | €1,119,828 | -€38,222 | -3.3% |
| Contributions | 10/11 | €446,590 | €446,590 | = | 0.0% |
| Reserves | 13 | €44,659 | €44,659 | = | 0.0% |
| Distributable reserves | 133 | €44,659 | €44,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | €666,801 | €628,579 | -€38,222 | -5.7% |
| Amounts payable | 17/49 | €1,555,578 | €1,501,317 | -€54,261 | -3.5% |
| Amounts payable after more than one year | 17 | €1,383,314 | €1,200,000 | -€183,314 | -13.3% |
| Other amounts payable | 178/9 | €1,383,314 | €1,200,000 | -€183,314 | -13.3% |
| Amounts payable within one year | 42/48 | €124,517 | €260,770 | +€136,253 | +109% |
| Trade debts | 44 | €350 | €0 | -€350 | -100% |
| Suppliers | 440/4 | €350 | €0 | -€350 | -100% |
| Taxes, remuneration and social security | 45 | €6,240 | €164 | -€6,076 | -97.4% |
| Taxes | 450/3 | €6,240 | €164 | -€6,076 | -97.4% |
| Other amounts payable | 47/48 | €117,927 | €260,606 | +€142,679 | +121% |
| Accrued charges and deferred income | 492/3 | €47,747 | €40,547 | -€7,200 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,846 | €12,483 | +€3,637 | +41.1% |
| Other operating charges | 640/8 | €1,172 | €1,313 | +€141 | +12.0% |
| Gross operating margin | 9900 | -€22,553 | -€36,502 | -€13,948 | -61.8% |
| Operating profit (loss) | 9901 | -€32,571 | -€50,297 | -€17,727 | -54.4% |
| Financial income | 75/76B | €63,432 | €52,908 | -€10,524 | -16.6% |
| Recurring financial income | 75 | €63,432 | €52,908 | -€10,524 | -16.6% |
| Financial charges | 65/66B | €47,818 | €40,594 | -€7,224 | -15.1% |
| Recurring financial charges | 65 | €47,818 | €40,594 | -€7,224 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,956 | -€37,983 | -€21,027 | -124% |
| Income taxes | 67/77 | €131 | €239 | +€107 | +81.8% |
| Profit (loss) for the period | 9904 | -€17,088 | -€38,222 | -€21,134 | -124% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,088 | -€38,222 | -€21,134 | -124% |
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 13 October 2026 via checked.be.