PARATGE: 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.
PARATGE
Largest movements
- Tangible fixed assets -€17,146
down €17,146 (-16.5%), from €103,969 to €86,823
of which Furniture and vehicles: -€15,920
- Intangible fixed assets +€7,783
new in 2025: €7,783
- Financial fixed assets +€5,000
new in 2025: €5,000
- Cash -€4,368
down €4,368 (-4.2%), from €104,329 to €99,961
mainly Trade debts (-€35,634) and Investment in fixed assets (net) (-€31,672)
- Receivables within one year +€3,938
up €3,938 (+3.5%), from €112,637 to €116,575
of which Trade receivables: +€8,526
- Profit (loss) carried forward +€44,044
up €44,044 (+81.9%), from €53,764 to €97,808
- Trade debts -€35,634
down €35,634 (-51.4%), from €69,292 to €33,658
- Debts after one year -€18,685
down €18,685 (-39.0%), from €47,965 to €29,279
- Tax, wage and social debts +€7,130
up €7,130 (+30.0%), from €23,785 to €30,915
of which Taxes: +€9,130
- Current portion of long-term debt -€6,059
down €6,059 (-20.8%), from €29,143 to €23,084
- Gross operating margin +€46,839
up €46,839 (+87.5%), from €53,555 to €100,393
- Taxes +€15,874
up €15,874 (+12,765%), from €124 to €15,998
- Financial charges -€1,479
down €1,479 (-27.5%), from €5,368 to €3,889
- Depreciation -€1,384
down €1,384 (-3.7%), from €37,419 to €36,035
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 | €321,155 | €317,233 | -€3,922 | -1.2% |
| Fixed assets | 21/28 | €103,969 | €99,606 | -€4,363 | -4.2% |
| Intangible fixed assets | 21 | - | €7,783 | +€7,783 | |
| Tangible fixed assets | 22/27 | €103,969 | €86,823 | -€17,146 | -16.5% |
| Plant, machinery and equipment | 23 | €615 | €1,912 | +€1,297 | +211% |
| Furniture and vehicles | 24 | €80,351 | €64,430 | -€15,920 | -19.8% |
| Other tangible fixed assets | 26 | €23,003 | €20,480 | -€2,523 | -11.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €217,186 | €217,627 | +€441 | +0.2% |
| Amounts receivable within one year | 40/41 | €112,637 | €116,575 | +€3,938 | +3.5% |
| Trade receivables | 40 | €84,412 | €92,938 | +€8,526 | +10.1% |
| Other amounts receivable | 41 | €28,225 | €23,637 | -€4,588 | -16.3% |
| Cash at bank and in hand | 54/58 | €104,329 | €99,961 | -€4,368 | -4.2% |
| Deferred charges and accrued income | 490/1 | €220 | €1,092 | +€872 | +396% |
| Total equity and liabilities | 10/49 | €321,155 | €317,233 | -€3,922 | -1.2% |
| Equity | 10/15 | €148,270 | €192,314 | +€44,044 | +29.7% |
| Contributions | 10/11 | €19,600 | €19,600 | = | 0.0% |
| Reserves | 13 | €74,906 | €74,906 | = | 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% |
| Tax-exempt reserves | 132 | €13,046 | €13,046 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,764 | €97,808 | +€44,044 | +81.9% |
| Amounts payable | 17/49 | €172,885 | €124,919 | -€47,966 | -27.7% |
| Amounts payable after more than one year | 17 | €47,965 | €29,279 | -€18,685 | -39.0% |
| Financial debts | 170/4 | €47,965 | €29,279 | -€18,685 | -39.0% |
| Amounts payable within one year | 42/48 | €124,920 | €95,640 | -€29,280 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €29,143 | €23,084 | -€6,059 | -20.8% |
| Financial debts | 43 | - | €3,448 | +€3,448 | |
| Credit institutions | 430/8 | - | €3,448 | +€3,448 | |
| Trade debts | 44 | €69,292 | €33,658 | -€35,634 | -51.4% |
| Suppliers | 440/4 | €69,292 | €33,658 | -€35,634 | -51.4% |
| Taxes, remuneration and social security | 45 | €23,785 | €30,915 | +€7,130 | +30.0% |
| Taxes | 450/3 | €21,785 | €30,915 | +€9,130 | +41.9% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €2,700 | €4,535 | +€1,835 | +68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,419 | €36,035 | -€1,384 | -3.7% |
| Other operating charges | 640/8 | €967 | €1,681 | +€714 | +73.8% |
| Gross operating margin | 9900 | €53,555 | €100,393 | +€46,839 | +87.5% |
| Operating profit (loss) | 9901 | €15,168 | €62,677 | +€47,509 | +313% |
| Financial income | 75/76B | €355 | €1,254 | +€899 | +253% |
| Recurring financial income | 75 | €355 | €332 | -€24 | -6.7% |
| Non-recurring financial income | 76B | - | €922 | +€922 | |
| Financial charges | 65/66B | €5,368 | €3,889 | -€1,479 | -27.5% |
| Recurring financial charges | 65 | €5,368 | €3,889 | -€1,479 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €10,156 | €60,042 | +€49,886 | +491% |
| Income taxes | 67/77 | €124 | €15,998 | +€15,874 | +12,765% |
| Profit (loss) for the period | 9904 | €10,032 | €44,044 | +€34,012 | +339% |
| Profit (loss) for the period to be appropriated | 9905 | €10,032 | €44,044 | +€34,012 | +339% |
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 20 October 2026 via checked.be.