PARECO CONSTRUCT: what changed
What changed
PARECO CONSTRUCT
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€10,363
2024 · -€10,167+€20,530
Equity
€18,667
2024 · €8,304+€10,363
Cash
€49
2024 · €2,409-€2,360
Balance sheet total
€445,723
2024 · €405,376+€40,347
Largest movements
Assets
- Stocks and contracts +€50,000
up €50,000 (+51.3%), from €97,480 to €147,480
- Tangible fixed assets -€23,763
down €23,763 (-10.2%), from €234,080 to €210,317
of which Land and buildings: -€19,940
- Deferred charges and accrued income +€11,371
up €11,371 (+973%), from €1,169 to €12,539
- Receivables within one year +€5,099
up €5,099 (+7.3%), from €70,238 to €75,337
of which Trade receivables: +€5,101
Equity and liabilities
- Other debts +€39,689
up €39,689 (+27.3%), from €145,361 to €185,050
- Debts after one year -€22,672
down €22,672 (-15.1%), from €149,750 to €127,078
- Profit (loss) carried forward +€10,363
up €10,363 (+82.3%), from -€12,596 to -€2,233
- Trade debts +€8,323
up €8,323 (+150%), from €5,545 to €13,868
Income statement
- Gross operating margin +€25,783
up €25,783 (+88.8%), from €29,029 to €54,812
- Depreciation +€3,776
up €3,776 (+11.9%), from €31,605 to €35,381
- Financial charges +€1,256
up €1,256 (+152%), from €825 to €2,080
- Staff costs +€1,064
up €1,064 (+41.2%), from €2,581 to €3,645
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€10,167
Gross operating margin
+€25,783
Staff costs
-€1,064
Depreciation
-€3,776
Other operating charges
-€537
Other operating items
+€1,376
Financial income
-€0
Financial charges
-€1,256
Taxes
+€3
Result 2025
€10,363
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€29,694
Investment
-€11,618
Financing
-€20,436
Cash 2024
€2,409
From operations (derived)
+€29,694
Net result for the year
+€10,363
Depreciation
+€35,381
Stocks and contracts
-€50,000
Receivables within one year
-€5,099
Deferred charges and accrued income
-€11,371
Trade debts
+€8,323
Tax, wage and social debts
+€2,408
Other debts
+€39,689
Investment (derived)
-€11,618
Investment in fixed assets (net)
-€11,618
Financing
-€20,436
Debts after one year
-€22,672
Current portion of long-term debt
+€327
Short-term financial debts
+€1,909
Cash 2025
€49
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,376 | €445,723 | +€40,347 | +10.0% |
| Fixed assets | 21/28 | €234,080 | €210,317 | -€23,763 | -10.2% |
| Tangible fixed assets | 22/27 | €234,080 | €210,317 | -€23,763 | -10.2% |
| Land and buildings | 22 | €165,279 | €145,340 | -€19,940 | -12.1% |
| Plant, machinery and equipment | 23 | €8,411 | €6,555 | -€1,856 | -22.1% |
| Furniture and vehicles | 24 | €36,024 | €34,056 | -€1,968 | -5.5% |
| Assets under construction and advance payments | 27 | €24,366 | €24,366 | = | 0.0% |
| Current assets | 29/58 | €171,296 | €235,406 | +€64,110 | +37.4% |
| Stocks and contracts in progress | 3 | €97,480 | €147,480 | +€50,000 | +51.3% |
| Stocks | 30/36 | €97,480 | €147,480 | +€50,000 | +51.3% |
| Amounts receivable within one year | 40/41 | €70,238 | €75,337 | +€5,099 | +7.3% |
| Trade receivables | 40 | €70,237 | €75,337 | +€5,101 | +7.3% |
| Other amounts receivable | 41 | €1 | - | -€1 | |
| Cash at bank and in hand | 54/58 | €2,409 | €49 | -€2,360 | -97.9% |
| Deferred charges and accrued income | 490/1 | €1,169 | €12,539 | +€11,371 | +973% |
| Total equity and liabilities | 10/49 | €405,376 | €445,723 | +€40,347 | +10.0% |
| Equity | 10/15 | €8,304 | €18,667 | +€10,363 | +125% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,500 | €8,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,596 | -€2,233 | +€10,363 | +82.3% |
| Amounts payable | 17/49 | €397,072 | €427,056 | +€29,984 | +7.6% |
| Amounts payable after more than one year | 17 | €149,750 | €127,078 | -€22,672 | -15.1% |
| Financial debts | 170/4 | €149,750 | €127,078 | -€22,672 | -15.1% |
| Amounts payable within one year | 42/48 | €247,322 | €299,978 | +€52,655 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €22,345 | €22,672 | +€327 | +1.5% |
| Financial debts | 43 | €7,019 | €8,927 | +€1,909 | +27.2% |
| Credit institutions | 430/8 | €7,019 | €8,927 | +€1,909 | +27.2% |
| Trade debts | 44 | €5,545 | €13,868 | +€8,323 | +150% |
| Suppliers | 440/4 | €5,545 | €13,868 | +€8,323 | +150% |
| Advances received on contracts in progress | 46 | €57,536 | €57,536 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,516 | €11,923 | +€2,408 | +25.3% |
| Taxes | 450/3 | €9,516 | €9,755 | +€240 | +2.5% |
| Remuneration and social security | 454/9 | - | €2,168 | +€2,168 | |
| Other amounts payable | 47/48 | €145,361 | €185,050 | +€39,689 | +27.3% |
| Remuneration, social security and pensions | 62 | €2,581 | €3,645 | +€1,064 | +41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,605 | €35,381 | +€3,776 | +11.9% |
| Other operating charges | 640/8 | €2,666 | €3,203 | +€537 | +20.2% |
| Non-recurring operating charges | 66A | €1,376 | - | -€1,376 | |
| Gross operating margin | 9900 | €29,029 | €54,812 | +€25,783 | +88.8% |
| Operating profit (loss) | 9901 | -€9,199 | €12,584 | +€21,783 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -87.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -87.9% |
| Financial charges | 65/66B | €825 | €2,080 | +€1,256 | +152% |
| Recurring financial charges | 65 | €825 | €2,080 | +€1,256 | +152% |
| Profit (loss) for the period before taxes | 9903 | -€10,023 | €10,504 | +€20,527 | |
| Income taxes | 67/77 | €144 | €141 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | -€10,167 | €10,363 | +€20,530 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,167 | €10,363 | +€20,530 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.