PARO DISTRIBUTION: 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 DISTRIBUTION
Largest movements
- Receivables within one year +€35,682
up €35,682 (+114.0%), from €31,289 to €66,971
of which Other amounts receivable: +€23,739
- Stocks and contracts -€13,562
down €13,562 (-80.9%), from €16,762 to €3,200
- Cash -€7,784
down €7,784 (-32.4%), from €24,033 to €16,249
mainly Receivables within one year (-€35,682) and Receivables after one year (-€3,500)
- Receivables after one year +€3,500
new in 2024: €3,500
- Reserves +€14,695
up €14,695 (+18.0%), from €81,784 to €96,479
of which Distributable reserves: +€14,695
- Tax, wage and social debts +€2,612
up €2,612 (+29.8%), from €8,759 to €11,371
of which Taxes: +€2,612
- Turnover +€226,890
new in 2024: €226,890
- Purchases and services +€206,416
new in 2024: €206,416
- Gross operating margin -€30,796
down €30,796 (-59.9%), from €51,413 to €20,618
- Taxes -€8,384
down €8,384 (-58.8%), from €14,252 to €5,869
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.
Cash bridge derived
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 | €123,135 | €140,483 | +€17,348 | +14.1% |
| Fixed assets | 21/28 | €51,052 | €50,539 | -€513 | -1.0% |
| Tangible fixed assets | 22/27 | €1,052 | €539 | -€513 | -48.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €1,052 | €539 | -€513 | -48.8% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €72,084 | €89,944 | +€17,861 | +24.8% |
| Amounts receivable after more than one year | 29 | - | €3,500 | +€3,500 | |
| Trade receivables | 290 | - | €3,500 | +€3,500 | |
| Stocks and contracts in progress | 3 | €16,762 | €3,200 | -€13,562 | -80.9% |
| Stocks | 30/36 | €16,762 | €3,200 | -€13,562 | -80.9% |
| Amounts receivable within one year | 40/41 | €31,289 | €66,971 | +€35,682 | +114.0% |
| Trade receivables | 40 | €23,920 | €35,862 | +€11,942 | +49.9% |
| Other amounts receivable | 41 | €7,369 | €31,109 | +€23,739 | +322.1% |
| Cash at bank and in hand | 54/58 | €24,033 | €16,249 | -€7,784 | -32.4% |
| Deferred charges and accrued income | 490/1 | - | €25 | +€25 | |
| Total equity and liabilities | 10/49 | €123,135 | €140,483 | +€17,348 | +14.1% |
| Equity | 10/15 | €113,769 | €128,464 | +€14,695 | +12.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €81,784 | €96,479 | +€14,695 | +18.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €79,924 | €94,619 | +€14,695 | +18.4% |
| Profit (loss) carried forward | 14 | €19,585 | €19,585 | = | 0.0% |
| Amounts payable | 17/49 | €9,367 | €12,020 | +€2,653 | +28.3% |
| Amounts payable within one year | 42/48 | €9,367 | €12,020 | +€2,653 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €608 | €649 | +€41 | +6.7% |
| Suppliers | 440/4 | €608 | €649 | +€41 | +6.7% |
| Taxes, remuneration and social security | 45 | €8,759 | €11,371 | +€2,612 | +29.8% |
| Taxes | 450/3 | €8,759 | €11,371 | +€2,612 | +29.8% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Turnover | 70 | - | €226,890 | +€226,890 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €206,416 | +€206,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €488 | €513 | +€25 | +5.2% |
| Other operating charges | 640/8 | - | €0 | = | |
| Gross operating margin | 9900 | €51,413 | €20,618 | -€30,796 | -59.9% |
| Operating profit (loss) | 9901 | €50,925 | €20,104 | -€30,821 | -60.5% |
| Financial income | 75/76B | €488 | €160 | -€328 | -67.2% |
| Recurring financial income | 75 | €488 | €160 | -€328 | -67.2% |
| Financial charges | 65/66B | €393 | -€299 | -€693 | |
| Recurring financial charges | 65 | €393 | -€299 | -€693 | |
| Profit (loss) for the period before taxes | 9903 | €51,020 | €20,563 | -€30,456 | -59.7% |
| Income taxes | 67/77 | €14,252 | €5,869 | -€8,384 | -58.8% |
| Profit (loss) for the period | 9904 | €36,767 | €14,695 | -€22,072 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,767 | €14,695 | -€22,072 | -60.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2023 and 31 January 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.