PARAS GEMS: 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.
What changed
PARAS GEMS
NACE 46.861, Wholesale of diamonds and other precious stones
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€843,186
2024 · €305,533-€1.1m
Equity
€4.0m
2024 · €4.8m-€843,186
Cash
€315,823
2024 · €712,872-€397,049
Balance sheet total
€4.4m
2024 · €6.3m-€1.9m
Largest movements
Assets
- Receivables within one year -€1.8m
down €1.8m (-55.0%), from €3.2m to €1.5m
of which Trade receivables: -€1.7m
- Stocks and contracts +€438,327
up €438,327 (+23.8%), from €1.8m to €2.3m
- Cash -€397,049
down €397,049 (-55.7%), from €712,872 to €315,823
mainly Net result for the year (-€843,186) and Trade debts (-€645,866)
- Current investments -€106,663
down €106,663 (-95.7%), from €111,433 to €4,770
Equity and liabilities
- Reserves -€843,186
down €843,186 (-28.9%), from €2.9m to €2.1m
of which Distributable reserves: -€843,186
- Trade debts -€645,866
down €645,866 (-97.8%), from €660,536 to €14,671
- Short-term financial debts -€361,633
down €361,633 (-48.3%), from €748,382 to €386,748
Income statement
- Turnover -€1.7m
down €1.7m (-24.1%), from €7.2m to €5.5m
- Goods and materials -€1.1m
down €1.1m (-17.3%), from €6.6m to €5.5m
of which Change in stocks: decrease (increase): -€1.8m
- Other operating charges +€590,870
up €590,870 (+6,073%), from €9,730 to €600,599
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.
Result 2024
€305,533
Turnover
-€1.7m
Other operating income
-€6,850
Goods and materials
+€1.1m
Services and other goods
+€7,022
Staff costs
-€390
Depreciation
+€953
Other operating charges
-€590,870
Other operating items
+€7,623
Financial income
-€2,809
Financial charges
+€12,422
Taxes
+€14,787
Result 2025
-€843,186
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€142,079
Investment
+€106,663
Financing
-€361,633
Cash 2024
€712,872
From operations (derived)
-€142,079
Net result for the year
-€843,186
Depreciation
+€13,907
Stocks and contracts
-€438,327
Receivables within one year
+€1.8m
Smaller working-capital items
-€1,801
Trade debts
-€645,866
Investment (derived)
+€106,663
Current investments
+€106,663
Financing
-€361,633
Short-term financial debts
-€361,633
Cash 2025
€315,823
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,267,123 | €4,415,133 | -€1.9m | -29.6% |
| Fixed assets | 21/28 | €376,715 | €362,808 | -€13,907 | -3.7% |
| Tangible fixed assets | 22/27 | €376,344 | €362,436 | -€13,907 | -3.7% |
| Land and buildings | 22 | €369,770 | €357,382 | -€12,388 | -3.4% |
| Plant, machinery and equipment | 23 | €6,573 | €5,054 | -€1,519 | -23.1% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Other financial fixed assets | 284/8 | €372 | €372 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €5,890,408 | €4,052,325 | -€1.8m | -31.2% |
| Stocks and contracts in progress | 3 | €1,840,678 | €2,279,004 | +€438,327 | +23.8% |
| Stocks | 30/36 | €1,840,678 | €2,279,004 | +€438,327 | +23.8% |
| Goods purchased for resale | 34 | €1,840,678 | €2,279,004 | +€438,327 | +23.8% |
| Amounts receivable within one year | 40/41 | €3,225,425 | €1,452,232 | -€1.8m | -55.0% |
| Trade receivables | 40 | €2,772,551 | €1,087,136 | -€1.7m | -60.8% |
| Other amounts receivable | 41 | €452,875 | €365,096 | -€87,779 | -19.4% |
| Current investments | 50/53 | €111,433 | €4,770 | -€106,663 | -95.7% |
| Other investments | 51/53 | €111,433 | €4,770 | -€106,663 | -95.7% |
| Cash at bank and in hand | 54/58 | €712,872 | €315,823 | -€397,049 | -55.7% |
| Deferred charges and accrued income | 490/1 | - | €495 | +€495 | |
| Total equity and liabilities | 10/49 | €6,267,123 | €4,415,133 | -€1.9m | -29.6% |
| Equity | 10/15 | €4,849,077 | €4,005,891 | -€843,186 | -17.4% |
| Contributions | 10/11 | €1,936,000 | €1,936,000 | = | 0.0% |
| Capital | 10 | €1,936,000 | €1,936,000 | = | 0.0% |
| Issued capital | 100 | €1,936,000 | €1,936,000 | = | 0.0% |
| Reserves | 13 | €2,913,077 | €2,069,891 | -€843,186 | -28.9% |
| Non-distributable reserves | 130/1 | €193,600 | €193,600 | = | 0.0% |
| Legal reserve | 130 | €193,600 | €193,600 | = | 0.0% |
| Distributable reserves | 133 | €2,719,477 | €1,876,291 | -€843,186 | -31.0% |
| Amounts payable | 17/49 | €1,418,047 | €409,242 | -€1.0m | -71.1% |
| Amounts payable within one year | 42/48 | €1,417,892 | €409,217 | -€1.0m | -71.1% |
| Financial debts | 43 | €748,382 | €386,748 | -€361,633 | -48.3% |
| Credit institutions | 430/8 | €748,382 | €386,748 | -€361,633 | -48.3% |
| Trade debts | 44 | €660,536 | €14,671 | -€645,866 | -97.8% |
| Suppliers | 440/4 | €660,536 | €14,671 | -€645,866 | -97.8% |
| Taxes, remuneration and social security | 45 | €8,975 | €7,798 | -€1,177 | -13.1% |
| Taxes | 450/3 | €3,769 | €2,441 | -€1,328 | -35.2% |
| Remuneration and social security | 454/9 | €5,206 | €5,357 | +€151 | +2.9% |
| Accrued charges and deferred income | 492/3 | €154 | €25 | -€129 | -83.9% |
| Operating income | 70/76A | €7,211,151 | €5,478,436 | -€1.7m | -24.0% |
| Turnover | 70 | €7,203,681 | €5,470,193 | -€1.7m | -24.1% |
| Other operating income | 74 | €7,470 | €620 | -€6,850 | -91.7% |
| Non-recurring operating income | 76A | - | €7,623 | +€7,623 | |
| Operating charges | 60/66A | €6,817,245 | €6,257,648 | -€559,597 | -8.2% |
| Goods for resale, raw materials and consumables | 60 | €6,621,741 | €5,478,859 | -€1.1m | -17.3% |
| Purchases | 600/8 | €5,234,054 | €5,917,186 | +€683,132 | +13.1% |
| Change in stocks: decrease (increase) | 609 | €1,387,688 | -€438,327 | -€1.8m | |
| Services and other goods | 61 | €130,920 | €123,898 | -€7,022 | -5.4% |
| Remuneration, social security and pensions | 62 | €39,994 | €40,384 | +€390 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,860 | €13,907 | -€953 | -6.4% |
| Other operating charges | 640/8 | €9,730 | €600,599 | +€590,870 | +6,073% |
| Operating profit (loss) | 9901 | €393,906 | -€779,212 | -€1.2m | |
| Financial income | 75/76B | €26,533 | €23,724 | -€2,809 | -10.6% |
| Recurring financial income | 75 | €26,533 | €23,724 | -€2,809 | -10.6% |
| Income from current assets | 751 | - | €22,490 | +€22,490 | |
| Other financial income | 752/9 | €26,533 | €1,234 | -€25,300 | -95.3% |
| Financial charges | 65/66B | €94,706 | €82,285 | -€12,422 | -13.1% |
| Recurring financial charges | 65 | €94,706 | €82,285 | -€12,422 | -13.1% |
| Debt charges | 650 | €75,879 | €72,537 | -€3,342 | -4.4% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€11,927 | -€16,883 | -€4,956 | -41.6% |
| Other financial charges | 652/9 | €30,754 | €26,631 | -€4,123 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €325,733 | -€837,773 | -€1.2m | |
| Income taxes | 67/77 | €20,200 | €5,413 | -€14,787 | -73.2% |
| Taxes | 670/3 | €20,200 | €5,417 | -€14,783 | -73.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | €305,533 | -€843,186 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €305,533 | -€843,186 | -€1.1m |
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 30 October 2026 via checked.be.