PAREO TEAM: 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.
PAREO TEAM
Largest movements
- Intangible fixed assets -€16,667
down €16,667 (-33.3%), from €50,000 to €33,333
- Receivables within one year +€5,744
up €5,744 (+88.0%), from €6,528 to €12,272
of which Trade receivables: +€11,887
- Cash -€1,977
down €1,977 (-89.0%), from €2,221 to €244
mainly Debts after one year (-€19,008) and Current portion of long-term debt (-€12,401)
- Stocks and contracts -€1,968
down €1,968 (-28.5%), from €6,894 to €4,926
- Debts after one year -€19,008
no longer reported in 2025 (was €19,008)
- Current portion of long-term debt -€12,401
down €12,401 (-39.5%), from €31,410 to €19,008
- Other debts +€6,264
new in 2025: €6,264
- Trade debts +€4,531
up €4,531 (+90.8%), from €4,987 to €9,518
- Short-term financial debts +€2,640
new in 2025: €2,640
- Gross operating margin +€761
up €761 (+3.6%), from €21,302 to €22,064
- Financial charges -€748
down €748 (-33.0%), from €2,265 to €1,517
- Taxes +€688
up €688 (+63.6%), from €1,082 to €1,770
- Other operating charges +€541
up €541 (+91.3%), from €592 to €1,133
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 | €66,294 | €51,671 | -€14,624 | -22.1% |
| Fixed assets | 21/28 | €50,050 | €33,383 | -€16,667 | -33.3% |
| Intangible fixed assets | 21 | €50,000 | €33,333 | -€16,667 | -33.3% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €16,244 | €18,288 | +€2,043 | +12.6% |
| Stocks and contracts in progress | 3 | €6,894 | €4,926 | -€1,968 | -28.5% |
| Stocks | 30/36 | €6,894 | €4,926 | -€1,968 | -28.5% |
| Amounts receivable within one year | 40/41 | €6,528 | €12,272 | +€5,744 | +88.0% |
| Trade receivables | 40 | €384 | €12,272 | +€11,887 | +3,092% |
| Other amounts receivable | 41 | €6,144 | - | -€6,144 | |
| Current investments | 50/53 | €109 | €109 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,221 | €244 | -€1,977 | -89.0% |
| Deferred charges and accrued income | 490/1 | €492 | €736 | +€245 | +49.7% |
| Total equity and liabilities | 10/49 | €66,294 | €51,671 | -€14,624 | -22.1% |
| Equity | 10/15 | €7,131 | €8,067 | +€936 | +13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€929 | €7 | +€936 | |
| Amounts payable | 17/49 | €59,163 | €43,604 | -€15,559 | -26.3% |
| Amounts payable after more than one year | 17 | €19,008 | - | -€19,008 | |
| Financial debts | 170/4 | €19,008 | - | -€19,008 | |
| Amounts payable within one year | 42/48 | €38,228 | €41,678 | +€3,449 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €31,410 | €19,008 | -€12,401 | -39.5% |
| Financial debts | 43 | - | €2,640 | +€2,640 | |
| Credit institutions | 430/8 | - | €2,640 | +€2,640 | |
| Trade debts | 44 | €4,987 | €9,518 | +€4,531 | +90.8% |
| Suppliers | 440/4 | €4,987 | €9,518 | +€4,531 | +90.8% |
| Advances received on contracts in progress | 46 | - | €1,385 | +€1,385 | |
| Taxes, remuneration and social security | 45 | €1,832 | €2,862 | +€1,031 | +56.3% |
| Taxes | 450/3 | €1,832 | €2,862 | +€1,031 | +56.3% |
| Other amounts payable | 47/48 | - | €6,264 | +€6,264 | |
| Accrued charges and deferred income | 492/3 | €1,927 | €1,927 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €57 | +€57 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,667 | €16,667 | = | 0.0% |
| Other operating charges | 640/8 | €592 | €1,133 | +€541 | +91.3% |
| Gross operating margin | 9900 | €21,302 | €22,064 | +€761 | +3.6% |
| Operating profit (loss) | 9901 | €4,044 | €4,208 | +€164 | +4.1% |
| Financial income | 75/76B | €1 | €15 | +€14 | +2,653% |
| Recurring financial income | 75 | €1 | €15 | +€14 | +2,653% |
| Financial charges | 65/66B | €2,265 | €1,517 | -€748 | -33.0% |
| Recurring financial charges | 65 | €2,265 | €1,517 | -€748 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €1,779 | €2,706 | +€926 | +52.0% |
| Income taxes | 67/77 | €1,082 | €1,770 | +€688 | +63.6% |
| Profit (loss) for the period | 9904 | €698 | €936 | +€238 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €698 | €936 | +€238 | +34.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.