PARO: 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.
PARO
Largest movements
- Tangible fixed assets +€1,643
new in 2024: €1,643
- Cash +€705
up €705 (+18.9%), from €3,731 to €4,436
mainly Net result for the year (+€1,067) and Trade debts (+€1,049)
- Stocks and contracts +€550
up €550 (+8.9%), from €6,187 to €6,737
- Profit (loss) carried forward +€1,067
up €1,067 (+8.9%), from -€11,938 to -€10,871
- Trade debts +€1,049
up €1,049 (+65.4%), from €1,604 to €2,653
- Tax, wage and social debts +€832
up €832 (+159%), from €524 to €1,355
- Gross operating margin +€3,858
up €3,858, from -€348 to €3,511
- Financial charges +€1,169
up €1,169 (+246%), from €475 to €1,645
- Depreciation +€357
new in 2024: €357
- Other operating charges -€320
down €320 (-41.9%), from €763 to €444
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,665 | €13,504 | +€2,839 | +26.6% |
| Fixed assets | 21/28 | - | €1,643 | +€1,643 | |
| Tangible fixed assets | 22/27 | - | €1,643 | +€1,643 | |
| Furniture and vehicles | 24 | - | €1,643 | +€1,643 | |
| Current assets | 29/58 | €10,665 | €11,861 | +€1,196 | +11.2% |
| Stocks and contracts in progress | 3 | €6,187 | €6,737 | +€550 | +8.9% |
| Stocks | 30/36 | €6,187 | €6,737 | +€550 | +8.9% |
| Amounts receivable within one year | 40/41 | €107 | €20 | -€87 | -81.3% |
| Trade receivables | 40 | €107 | €20 | -€87 | -81.3% |
| Cash at bank and in hand | 54/58 | €3,731 | €4,436 | +€705 | +18.9% |
| Deferred charges and accrued income | 490/1 | €640 | €669 | +€28 | +4.4% |
| Total equity and liabilities | 10/49 | €10,665 | €13,504 | +€2,839 | +26.6% |
| Equity | 10/15 | €6,654 | €7,721 | +€1,067 | +16.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,938 | -€10,871 | +€1,067 | +8.9% |
| Amounts payable | 17/49 | €4,011 | €5,783 | +€1,772 | +44.2% |
| Amounts payable within one year | 42/48 | €2,127 | €4,009 | +€1,881 | +88.4% |
| Trade debts | 44 | €1,604 | €2,653 | +€1,049 | +65.4% |
| Suppliers | 440/4 | €1,604 | €2,653 | +€1,049 | +65.4% |
| Taxes, remuneration and social security | 45 | €524 | €1,355 | +€832 | +159% |
| Taxes | 450/3 | €524 | €1,355 | +€832 | +159% |
| Accrued charges and deferred income | 492/3 | €1,884 | €1,775 | -€109 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €357 | +€357 | |
| Other operating charges | 640/8 | €763 | €444 | -€320 | -41.9% |
| Gross operating margin | 9900 | -€348 | €3,511 | +€3,858 | |
| Operating profit (loss) | 9901 | -€1,111 | €2,710 | +€3,821 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €475 | €1,645 | +€1,169 | +246% |
| Recurring financial charges | 65 | €475 | €1,645 | +€1,169 | +246% |
| Profit (loss) for the period before taxes | 9903 | -€1,586 | €1,067 | +€2,653 | |
| Profit (loss) for the period | 9904 | -€1,586 | €1,067 | +€2,653 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,586 | €1,067 | +€2,653 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.