Paris: what changed
Two fiscal 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.
Paris
Largest movements
- Tangible fixed assets +€86,512
up €86,512 (+88.1%), from €98,211 to €184,723
of which Land and buildings: +€52,117
- Current investments -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Receivables within one year -€5,653
down €5,653 (-37.5%), from €15,091 to €9,438
of which Trade receivables: -€14,319
- Trade debts +€63,773
up €63,773 (+360.7%), from €17,682 to €81,455
- Reserves -€29,958
down €29,958 (-16.2%), from €184,390 to €154,432
of which Tax-exempt reserves: -€29,958
- Provisions -€9,986
down €9,986 (-16.8%), from €59,616 to €49,630
- Profit (loss) carried forward +€8,346
up €8,346 (+27.9%), from -€29,948 to -€21,602
- Tax, wage and social debts -€3,298
no longer reported in 2025 (was €3,298)
- Depreciation +€14,577
up €14,577 (+52.6%), from €27,714 to €42,291
- Gross operating margin -€2,941
down €2,941 (-19.4%), from €15,180 to €12,240
- Financial charges +€443
up €443 (+190.3%), from €233 to €676
- Other operating charges -€160
down €160 (-15.6%), from €1,032 to €871
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.
Cash bridge derived
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 | €284,051 | €312,928 | +€28,877 | +10.2% |
| Fixed assets | 21/28 | €98,211 | €184,723 | +€86,512 | +88.1% |
| Tangible fixed assets | 22/27 | €98,211 | €184,723 | +€86,512 | +88.1% |
| Land and buildings | 22 | - | €52,117 | +€52,117 | |
| Plant, machinery and equipment | 23 | €31,513 | €32,471 | +€958 | +3.0% |
| Furniture and vehicles | 24 | €66,698 | €100,135 | +€33,437 | +50.1% |
| Current assets | 29/58 | €185,840 | €128,205 | -€57,635 | -31.0% |
| Amounts receivable within one year | 40/41 | €15,091 | €9,438 | -€5,653 | -37.5% |
| Trade receivables | 40 | €15,091 | €772 | -€14,319 | -94.9% |
| Other amounts receivable | 41 | - | €8,666 | +€8,666 | |
| Current investments | 50/53 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €20,749 | €18,767 | -€1,982 | -9.6% |
| Total equity and liabilities | 10/49 | €284,051 | €312,928 | +€28,877 | +10.2% |
| Equity | 10/15 | €192,102 | €170,490 | -€21,613 | -11.3% |
| Contributions | 10/11 | €37,660 | €37,660 | = | 0.0% |
| Outside capital | 11 | €37,660 | €37,660 | = | 0.0% |
| Share premium | 1100/10 | €37,660 | - | -€37,660 | |
| Other | 1109/19 | - | €37,660 | +€37,660 | |
| Reserves | 13 | €184,390 | €154,432 | -€29,958 | -16.2% |
| Tax-exempt reserves | 132 | €178,849 | €148,891 | -€29,958 | -16.8% |
| Distributable reserves | 133 | €5,541 | €5,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,948 | -€21,602 | +€8,346 | +27.9% |
| Provisions and deferred taxes | 16 | €59,616 | €49,630 | -€9,986 | -16.8% |
| Deferred taxes | 168 | €59,616 | €49,630 | -€9,986 | -16.8% |
| Amounts payable | 17/49 | €32,332 | €92,808 | +€60,476 | +187.0% |
| Amounts payable within one year | 42/48 | €32,332 | €92,808 | +€60,476 | +187.0% |
| Trade debts | 44 | €17,682 | €81,455 | +€63,773 | +360.7% |
| Suppliers | 440/4 | €17,682 | €81,455 | +€63,773 | +360.7% |
| Taxes, remuneration and social security | 45 | €3,298 | - | -€3,298 | |
| Taxes | 450/3 | €3,298 | - | -€3,298 | |
| Other amounts payable | 47/48 | €11,353 | €11,353 | = | 0.0% |
| Non-recurring operating income | 76A | €7,866 | - | -€7,866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,714 | €42,291 | +€14,577 | +52.6% |
| Other operating charges | 640/8 | €1,032 | €871 | -€160 | -15.6% |
| Gross operating margin | 9900 | €15,180 | €12,240 | -€2,941 | -19.4% |
| Operating profit (loss) | 9901 | -€13,565 | -€30,923 | -€17,357 | -128.0% |
| Financial charges | 65/66B | €233 | €676 | +€443 | +190.3% |
| Recurring financial charges | 65 | €233 | €676 | +€443 | +190.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,798 | -€31,599 | -€17,800 | -129.0% |
| Transfer from deferred taxes | 780 | €5,808 | €9,986 | +€4,178 | +71.9% |
| Profit (loss) for the period | 9904 | -€7,990 | -€21,613 | -€13,622 | -170.5% |
| Transfer from tax-exempt reserves | 789 | €17,424 | €29,958 | +€12,534 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,434 | €8,346 | -€1,088 | -11.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.