PARO.DETHIER: 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.
PARO.DETHIER
Largest movements
- Tangible fixed assets +€131,133
up €131,133 (+500.4%), from €26,204 to €157,337
of which Plant, machinery and equipment: +€118,736
- Cash -€98,536
down €98,536 (-92.0%), from €107,135 to €8,599
mainly Investment in fixed assets (net) (-€149,900) and Receivables within one year (-€73,039)
- Receivables within one year +€73,039
up €73,039 (+31.2%), from €234,003 to €307,042
of which Other amounts receivable: +€84,149
- Intangible fixed assets -€12,000
down €12,000 (-85.7%), from €14,000 to €2,000
- Debts after one year +€73,497
up €73,497 (+130.9%), from €56,136 to €129,633
- Current portion of long-term debt +€69,594
up €69,594 (+294.8%), from €23,606 to €93,200
- Tax, wage and social debts -€44,687
down €44,687 (-92.6%), from €48,237 to €3,550
- Other debts -€8,000
no longer reported in 2025 (was €8,000)
- Gross operating margin -€153,084
down €153,084 (-75.9%), from €201,578 to €48,494
- Taxes -€48,081
down €48,081 (-85.6%), from €56,201 to €8,120
- Depreciation +€11,962
up €11,962 (+63.6%), from €18,805 to €30,767
- Financial charges +€8,300
up €8,300 (+241.1%), from €3,443 to €11,743
- Financial income +€3,459
up €3,459 (+86.1%), from €4,016 to €7,475
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 | €401,900 | €495,613 | +€93,713 | +23.3% |
| Fixed assets | 21/28 | €40,204 | €159,337 | +€119,133 | +296.3% |
| Intangible fixed assets | 21 | €14,000 | €2,000 | -€12,000 | -85.7% |
| Tangible fixed assets | 22/27 | €26,204 | €157,337 | +€131,133 | +500.4% |
| Land and buildings | 22 | €15,077 | €13,490 | -€1,587 | -10.5% |
| Plant, machinery and equipment | 23 | €5,293 | €124,029 | +€118,736 | +2243.1% |
| Furniture and vehicles | 24 | €5,833 | €19,818 | +€13,985 | +239.7% |
| Current assets | 29/58 | €361,696 | €336,276 | -€25,420 | -7.0% |
| Amounts receivable within one year | 40/41 | €234,003 | €307,042 | +€73,039 | +31.2% |
| Trade receivables | 40 | €17,965 | €6,855 | -€11,110 | -61.8% |
| Other amounts receivable | 41 | €216,038 | €300,187 | +€84,149 | +39.0% |
| Current investments | 50/53 | €1,976 | €1,976 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €107,135 | €8,599 | -€98,536 | -92.0% |
| Deferred charges and accrued income | 490/1 | €18,582 | €18,659 | +€77 | +0.4% |
| Total equity and liabilities | 10/49 | €401,900 | €495,613 | +€93,713 | +23.3% |
| Equity | 10/15 | €257,064 | €257,064 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €244,664 | €244,664 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,680 | €33,680 | = | 0.0% |
| Distributable reserves | 133 | €210,984 | €210,984 | = | 0.0% |
| Amounts payable | 17/49 | €144,836 | €238,549 | +€93,713 | +64.7% |
| Amounts payable after more than one year | 17 | €56,136 | €129,633 | +€73,497 | +130.9% |
| Financial debts | 170/4 | €56,136 | €129,633 | +€73,497 | +130.9% |
| Amounts payable within one year | 42/48 | €88,701 | €108,916 | +€20,216 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €23,606 | €93,200 | +€69,594 | +294.8% |
| Trade debts | 44 | €8,857 | €12,166 | +€3,309 | +37.4% |
| Suppliers | 440/4 | €8,857 | €12,166 | +€3,309 | +37.4% |
| Taxes, remuneration and social security | 45 | €48,237 | €3,550 | -€44,687 | -92.6% |
| Taxes | 450/3 | €48,237 | €3,550 | -€44,687 | -92.6% |
| Other amounts payable | 47/48 | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,805 | €30,767 | +€11,962 | +63.6% |
| Other operating charges | 640/8 | €695 | €585 | -€110 | -15.8% |
| Gross operating margin | 9900 | €201,578 | €48,494 | -€153,084 | -75.9% |
| Operating profit (loss) | 9901 | €182,079 | €17,143 | -€164,936 | -90.6% |
| Financial income | 75/76B | €4,016 | €7,475 | +€3,459 | +86.1% |
| Recurring financial income | 75 | €4,016 | €7,475 | +€3,459 | +86.1% |
| Financial charges | 65/66B | €3,443 | €11,743 | +€8,300 | +241.1% |
| Recurring financial charges | 65 | €3,443 | €11,743 | +€8,300 | +241.1% |
| Profit (loss) for the period before taxes | 9903 | €182,652 | €12,875 | -€169,777 | -93.0% |
| Income taxes | 67/77 | €56,201 | €8,120 | -€48,081 | -85.6% |
| Profit (loss) for the period | 9904 | €126,451 | €4,755 | -€121,696 | -96.2% |
| Transfer to tax-exempt reserves | 689 | €33,680 | - | -€33,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,771 | €4,755 | -€88,016 | -94.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.