PARIJS MANAGEMENT: 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.
PARIJS MANAGEMENT
Largest movements
- Tangible fixed assets -€466,138
down €466,138 (-89.4%), from €521,653 to €55,515
of which Land and buildings: -€463,860
- Receivables within one year +€348,722
up €348,722 (+220%), from €158,783 to €507,506
- Cash -€20,583
down €20,583 (-16.0%), from €128,891 to €108,308
mainly Receivables within one year (-€348,722) and Debts after one year (-€231,548)
- Reserves +€334,686
up €334,686 (+147%), from €228,268 to €562,954
of which Distributable reserves: +€364,600
- Debts after one year -€231,548
down €231,548 (-98.2%), from €235,828 to €4,280
of which Financial debts: -€228,727
- Other debts -€180,576
down €180,576 (-94.6%), from €190,815 to €10,239
- Current portion of long-term debt -€75,168
no longer reported in 2025 (was €75,168)
- Tax, wage and social debts +€24,179
up €24,179 (+170%), from €14,194 to €38,374
of which Taxes: +€22,914
- Gross operating margin +€297,803
up €297,803 (+130%), from €228,980 to €526,784
- Taxes +€109,520
up €109,520 (+179%), from €61,132 to €170,652
- Depreciation -€18,544
down €18,544 (-68.4%), from €27,127 to €8,583
- Financial charges +€10,717
up €10,717 (+361%), from €2,968 to €13,684
- Staff costs +€6,989
new in 2025: €6,989
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 | €811,663 | €674,451 | -€137,211 | -16.9% |
| Fixed assets | 21/28 | €521,653 | €55,515 | -€466,138 | -89.4% |
| Tangible fixed assets | 22/27 | €521,653 | €55,515 | -€466,138 | -89.4% |
| Land and buildings | 22 | €496,930 | €33,071 | -€463,860 | -93.3% |
| Plant, machinery and equipment | 23 | €24,722 | €22,444 | -€2,279 | -9.2% |
| Current assets | 29/58 | €290,010 | €618,937 | +€328,927 | +113% |
| Amounts receivable within one year | 40/41 | €158,783 | €507,506 | +€348,722 | +220% |
| Other amounts receivable | 41 | €158,783 | €507,506 | +€348,722 | +220% |
| Cash at bank and in hand | 54/58 | €128,891 | €108,308 | -€20,583 | -16.0% |
| Deferred charges and accrued income | 490/1 | €2,335 | €3,123 | +€788 | +33.7% |
| Total equity and liabilities | 10/49 | €811,663 | €674,451 | -€137,211 | -16.9% |
| Equity | 10/15 | €284,665 | €619,398 | +€334,733 | +118% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €228,268 | €562,954 | +€334,686 | +147% |
| Tax-exempt reserves | 132 | €29,914 | - | -€29,914 | |
| Distributable reserves | 133 | €198,354 | €562,954 | +€364,600 | +184% |
| Profit (loss) carried forward | 14 | €37,797 | €37,845 | +€47 | +0.1% |
| Provisions and deferred taxes | 16 | €9,971 | - | -€9,971 | |
| Deferred taxes | 168 | €9,971 | - | -€9,971 | |
| Amounts payable | 17/49 | €517,027 | €55,053 | -€461,973 | -89.4% |
| Amounts payable after more than one year | 17 | €235,828 | €4,280 | -€231,548 | -98.2% |
| Financial debts | 170/4 | €231,727 | €3,000 | -€228,727 | -98.7% |
| Other amounts payable | 178/9 | €4,101 | €1,280 | -€2,821 | -68.8% |
| Amounts payable within one year | 42/48 | €280,919 | €50,773 | -€230,146 | -81.9% |
| Current portion of amounts payable after more than one year | 42 | €75,168 | - | -€75,168 | |
| Trade debts | 44 | €741 | €2,161 | +€1,419 | +191% |
| Suppliers | 440/4 | €741 | €2,161 | +€1,419 | +191% |
| Taxes, remuneration and social security | 45 | €14,194 | €38,374 | +€24,179 | +170% |
| Taxes | 450/3 | €14,194 | €37,108 | +€22,914 | +161% |
| Remuneration and social security | 454/9 | - | €1,265 | +€1,265 | |
| Other amounts payable | 47/48 | €190,815 | €10,239 | -€180,576 | -94.6% |
| Accrued charges and deferred income | 492/3 | €280 | - | -€280 | |
| Non-recurring operating income | 76A | €167,185 | €520,266 | +€353,081 | +211% |
| Remuneration, social security and pensions | 62 | - | €6,989 | +€6,989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,127 | €8,583 | -€18,544 | -68.4% |
| Other operating charges | 640/8 | €9,931 | €7,241 | -€2,690 | -27.1% |
| Non-recurring operating charges | 66A | €1,699 | - | -€1,699 | |
| Gross operating margin | 9900 | €228,980 | €526,784 | +€297,803 | +130% |
| Operating profit (loss) | 9901 | €190,223 | €503,971 | +€313,748 | +165% |
| Financial income | 75/76B | €129 | €5,128 | +€4,999 | +3,871% |
| Recurring financial income | 75 | €129 | €5,128 | +€4,999 | +3,871% |
| Financial charges | 65/66B | €2,968 | €13,684 | +€10,717 | +361% |
| Recurring financial charges | 65 | €2,968 | €13,684 | +€10,717 | +361% |
| Profit (loss) for the period before taxes | 9903 | €187,385 | €495,414 | +€308,030 | +164% |
| Transfer from deferred taxes | 780 | €539 | €9,971 | +€9,432 | +1,749% |
| Income taxes | 67/77 | €61,132 | €170,652 | +€109,520 | +179% |
| Profit (loss) for the period | 9904 | €126,791 | €334,733 | +€207,942 | +164% |
| Transfer from tax-exempt reserves | 789 | €1,618 | €29,914 | +€28,296 | +1,749% |
| Profit (loss) for the period to be appropriated | 9905 | €128,409 | €364,647 | +€236,238 | +184% |
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 19 October 2026 via checked.be.