PARO EB: 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 EB
Largest movements
- Cash -€55,885
down €55,885 (-29.9%), from €186,685 to €130,800
mainly Contributions, distributions and other (-€273,649) and Investment in fixed assets (net) (-€5,930)
- Receivables within one year -€21,133
down €21,133 (-56.1%), from €37,645 to €16,512
- Tangible fixed assets -€12,467
down €12,467 (-18.7%), from €66,535 to €54,068
of which Furniture and vehicles: -€10,597
- Deferred charges and accrued income -€4,811
down €4,811 (-20.1%), from €23,922 to €19,112
- Profit (loss) carried forward -€94,147
down €94,147 (-34.4%), from €273,649 to €179,502
- Gross operating margin +€105,003
up €105,003 (+67.0%), from €156,754 to €261,757
- Taxes +€26,267
up €26,267 (+72.0%), from €36,491 to €62,758
- Financial income -€3,203
no longer reported in 2025 (was €3,203)
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 | €314,788 | €220,491 | -€94,296 | -30.0% |
| Fixed assets | 21/28 | €66,535 | €54,068 | -€12,467 | -18.7% |
| Tangible fixed assets | 22/27 | €66,535 | €54,068 | -€12,467 | -18.7% |
| Plant, machinery and equipment | 23 | €3,418 | €4,062 | +€644 | +18.9% |
| Furniture and vehicles | 24 | €53,313 | €42,716 | -€10,597 | -19.9% |
| Other tangible fixed assets | 26 | €9,805 | €7,290 | -€2,515 | -25.6% |
| Current assets | 29/58 | €248,253 | €166,423 | -€81,829 | -33.0% |
| Amounts receivable within one year | 40/41 | €37,645 | €16,512 | -€21,133 | -56.1% |
| Other amounts receivable | 41 | €37,645 | €16,512 | -€21,133 | -56.1% |
| Cash at bank and in hand | 54/58 | €186,685 | €130,800 | -€55,885 | -29.9% |
| Deferred charges and accrued income | 490/1 | €23,922 | €19,112 | -€4,811 | -20.1% |
| Total equity and liabilities | 10/49 | €314,788 | €220,491 | -€94,296 | -30.0% |
| Equity | 10/15 | €277,649 | €183,502 | -€94,147 | -33.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €273,649 | €179,502 | -€94,147 | -34.4% |
| Amounts payable | 17/49 | €37,138 | €36,989 | -€149 | -0.4% |
| Amounts payable within one year | 42/48 | €37,073 | €36,922 | -€150 | -0.4% |
| Trade debts | 44 | €1,542 | €1,391 | -€150 | -9.8% |
| Suppliers | 440/4 | €1,542 | €1,391 | -€150 | -9.8% |
| Taxes, remuneration and social security | 45 | €35,531 | €35,531 | = | 0.0% |
| Taxes | 450/3 | €35,531 | €35,531 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €200 | - | -€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,726 | €18,397 | -€1,329 | -6.7% |
| Other operating charges | 640/8 | €2,258 | €987 | -€1,271 | -56.3% |
| Gross operating margin | 9900 | €156,754 | €261,757 | +€105,003 | +67.0% |
| Operating profit (loss) | 9901 | €134,769 | €242,373 | +€107,603 | +79.8% |
| Financial income | 75/76B | €3,203 | - | -€3,203 | |
| Recurring financial income | 75 | €3,203 | - | -€3,203 | |
| Financial charges | 65/66B | €156 | €112 | -€43 | -27.7% |
| Recurring financial charges | 65 | €156 | €112 | -€43 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €137,817 | €242,260 | +€104,443 | +75.8% |
| Income taxes | 67/77 | €36,491 | €62,758 | +€26,267 | +72.0% |
| Profit (loss) for the period | 9904 | €101,326 | €179,502 | +€78,176 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,326 | €179,502 | +€78,176 | +77.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.