Paraplu: 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.
Paraplu
Largest movements
- Financial fixed assets -€4.6m
down €4.6m (-50.4%), from €9.2m to €4.6m
- Cash +€301,190
up €301,190 (+3,915%), from €7,692 to €308,882
mainly Investment in fixed assets (net) (+€4.8m) and Receivables within one year (+€144,273)
- Formation expenses -€234,609
down €234,609 (-67.3%), from €348,609 to €114,000
- Receivables within one year -€144,273
down €144,273 (-78.9%), from €182,791 to €38,518
of which Trade receivables: -€144,276
- Profit (loss) carried forward -€4.5m
down €4.5m (-2,430%), from -€187,025 to -€4.7m
- Other debts -€195,863
down €195,863 (-34.0%), from €576,069 to €380,206
- Financial charges +€4.3m
up €4.3m (+3,576%), from €120,858 to €4.4m
of which Non-recurring financial charges: +€4.4m
- Gross operating margin -€225,542
down €225,542 (-93.6%), from €241,038 to €15,495
- Staff costs -€135,035
down €135,035 (-62.3%), from €216,877 to €81,841
- Depreciation -€54,947
down €54,947 (-61.4%), from €89,556 to €34,609
From the 30-06-2025 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 30-06-2025 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 | 30-06-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,721,492 | €5,014,977 | -€4.7m | -48.4% |
| Formation expenses | 20 | €348,609 | €114,000 | -€234,609 | -67.3% |
| Fixed assets | 21/28 | €9,182,400 | €4,550,400 | -€4.6m | -50.4% |
| Financial fixed assets | 28 | €9,182,400 | €4,550,400 | -€4.6m | -50.4% |
| Current assets | 29/58 | €190,483 | €350,577 | +€160,094 | +84.0% |
| Amounts receivable within one year | 40/41 | €182,791 | €38,518 | -€144,273 | -78.9% |
| Trade receivables | 40 | €182,791 | €38,515 | -€144,276 | -78.9% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €7,692 | €308,882 | +€301,190 | +3,915% |
| Deferred charges and accrued income | 490/1 | - | €3,177 | +€3,177 | |
| Total equity and liabilities | 10/49 | €9,721,492 | €5,014,977 | -€4.7m | -48.4% |
| Equity | 10/15 | €1,755,475 | -€2,788,654 | -€4.5m | |
| Contributions | 10/11 | €1,942,500 | €1,942,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,025 | -€4,731,154 | -€4.5m | -2,430% |
| Amounts payable | 17/49 | €7,966,017 | €7,803,631 | -€162,386 | -2.0% |
| Amounts payable after more than one year | 17 | €6,992,029 | €6,992,029 | = | 0.0% |
| Financial debts | 170/4 | €6,992,029 | €6,992,029 | = | 0.0% |
| Amounts payable within one year | 42/48 | €973,988 | €811,602 | -€162,386 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €303,564 | €256,417 | -€47,147 | -15.5% |
| Trade debts | 44 | €57,248 | €106,813 | +€49,565 | +86.6% |
| Suppliers | 440/4 | €57,248 | €106,813 | +€49,565 | +86.6% |
| Taxes, remuneration and social security | 45 | €37,106 | €68,166 | +€31,059 | +83.7% |
| Taxes | 450/3 | €17,360 | €46,070 | +€28,711 | +165% |
| Remuneration and social security | 454/9 | €19,747 | €22,096 | +€2,349 | +11.9% |
| Other amounts payable | 47/48 | €576,069 | €380,206 | -€195,863 | -34.0% |
| Remuneration, social security and pensions | 62 | €216,877 | €81,841 | -€135,035 | -62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,556 | €34,609 | -€54,947 | -61.4% |
| Other operating charges | 640/8 | €387 | €528 | +€140 | +36.2% |
| Gross operating margin | 9900 | €241,038 | €15,495 | -€225,542 | -93.6% |
| Operating profit (loss) | 9901 | -€65,782 | -€101,483 | -€35,700 | -54.3% |
| Financial charges | 65/66B | €120,858 | €4,442,467 | +€4.3m | +3,576% |
| Recurring financial charges | 65 | €120,858 | €60,467 | -€60,391 | -50.0% |
| Non-recurring financial charges | 66B | - | €4,382,000 | +€4.4m | |
| Profit (loss) for the period before taxes | 9903 | -€186,640 | -€4,543,950 | -€4.4m | -2,335% |
| Income taxes | 67/77 | €385 | €179 | -€206 | -53.4% |
| Profit (loss) for the period | 9904 | -€187,025 | -€4,544,129 | -€4.4m | -2,330% |
| Profit (loss) for the period to be appropriated | 9905 | -€187,025 | -€4,544,129 | -€4.4m | -2,330% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.