PARO LS: 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 LS
Largest movements
- Cash +€184,977
up €184,977 (+322%), from €57,365 to €242,343
mainly Net result for the year (+€170,171) and Tax, wage and social debts (+€31,259)
- Reserves +€155,671
up €155,671 (+205%), from €75,921 to €231,592
- Tax, wage and social debts +€31,259
up €31,259 (+156%), from €20,025 to €51,284
- Other debts +€4,564
up €4,564 (+345%), from €1,324 to €5,888
- Debts after one year -€3,135
down €3,135 (-30.9%), from €10,161 to €7,026
- Gross operating margin +€125,335
up €125,335 (+118%), from €106,084 to €231,419
- Taxes +€31,322
up €31,322 (+156%), from €20,025 to €51,347
- Depreciation +€4,826
up €4,826 (+114%), from €4,229 to €9,056
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 | €119,048 | €304,617 | +€185,569 | +156% |
| Fixed assets | 21/28 | €34,313 | €33,999 | -€314 | -0.9% |
| Tangible fixed assets | 22/27 | €34,313 | €33,999 | -€314 | -0.9% |
| Plant, machinery and equipment | 23 | €32,116 | €31,407 | -€709 | -2.2% |
| Furniture and vehicles | 24 | €2,197 | €2,592 | +€395 | +18.0% |
| Current assets | 29/58 | €84,735 | €270,618 | +€185,883 | +219% |
| Cash at bank and in hand | 54/58 | €57,365 | €242,343 | +€184,977 | +322% |
| Deferred charges and accrued income | 490/1 | €27,370 | €28,275 | +€905 | +3.3% |
| Total equity and liabilities | 10/49 | €119,048 | €304,617 | +€185,569 | +156% |
| Equity | 10/15 | €78,921 | €234,592 | +€155,671 | +197% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €75,921 | €231,592 | +€155,671 | +205% |
| Distributable reserves | 133 | €75,921 | €231,592 | +€155,671 | +205% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €40,127 | €70,025 | +€29,898 | +74.5% |
| Amounts payable after more than one year | 17 | €10,161 | €7,026 | -€3,135 | -30.9% |
| Financial debts | 170/4 | €10,161 | €7,026 | -€3,135 | -30.9% |
| Amounts payable within one year | 42/48 | €29,806 | €62,999 | +€33,193 | +111% |
| Current portion of amounts payable after more than one year | 42 | €2,990 | €3,135 | +€145 | +4.8% |
| Trade debts | 44 | €5,467 | €2,692 | -€2,775 | -50.8% |
| Suppliers | 440/4 | €5,467 | €2,692 | -€2,775 | -50.8% |
| Taxes, remuneration and social security | 45 | €20,025 | €51,284 | +€31,259 | +156% |
| Taxes | 450/3 | €20,025 | €51,284 | +€31,259 | +156% |
| Other amounts payable | 47/48 | €1,324 | €5,888 | +€4,564 | +345% |
| Accrued charges and deferred income | 492/3 | €160 | €0 | -€160 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,229 | €9,056 | +€4,826 | +114% |
| Other operating charges | 640/8 | €50 | €144 | +€94 | +188% |
| Gross operating margin | 9900 | €106,084 | €231,419 | +€125,335 | +118% |
| Operating profit (loss) | 9901 | €101,805 | €222,219 | +€120,415 | +118% |
| Financial income | 75/76B | €0 | €0 | -€0 | -25.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -25.0% |
| Financial charges | 65/66B | €859 | €701 | -€158 | -18.4% |
| Recurring financial charges | 65 | €859 | €701 | -€158 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €100,946 | €221,519 | +€120,573 | +119% |
| Income taxes | 67/77 | €20,025 | €51,347 | +€31,322 | +156% |
| Profit (loss) for the period | 9904 | €80,921 | €170,171 | +€89,250 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €80,921 | €170,171 | +€89,250 | +110% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.