Paro Safety: what changed
What changed
Paro Safety
NACE 74.999, Other professional, scientific and technical activities
filed annual accounts (NBB)
Net result for the year
€34,726
2024 · €33,657+€1,068
Equity
€128,558
2024 · €113,832+€14,726
Cash
-
2024 · €13,570-€13,570
Balance sheet total
€298,254
2024 · €298,494-€240
Largest movements
Assets
- Cash -€13,570
no longer reported in 2025 (was €13,570)
mainly Contributions, distributions and other (-€20,000) and Tax, wage and social debts (-€18,695)
- Receivables within one year +€13,508
up €13,508 (+12.3%), from €109,967 to €123,475
of which Trade receivables: +€40,161
Equity and liabilities
- Trade debts +€22,203
up €22,203 (+66.0%), from €33,641 to €55,844
- Tax, wage and social debts -€18,695
down €18,695 (-19.1%), from €97,734 to €79,039
of which Taxes: -€27,825
- Reserves +€14,726
up €14,726 (+15.5%), from €95,232 to €109,958
- Debts after one year -€13,619
down €13,619 (-85.2%), from €15,986 to €2,367
- Accrued charges and deferred income -€10,052
no longer reported in 2025 (was €10,052)
Income statement
- Gross operating margin +€52,181
up €52,181 (+18.7%), from €278,709 to €330,890
- Staff costs +€50,821
up €50,821 (+26.5%), from €191,477 to €242,298
- Taxes -€9,731
down €9,731 (-33.0%), from €29,446 to €19,716
- Other operating charges -€6,431
down €6,431 (-76.3%), from €8,430 to €1,999
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33,657
Gross operating margin
+€52,181
Staff costs
-€50,821
Depreciation
-€2,402
Other operating charges
+€6,431
Other operating items
-€14,039
Financial income
-€11
Financial charges
-€1
Taxes
+€9,731
Result 2025
€34,726
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€15,266
Investment
-€5,488
Financing
-€23,348
Cash 2024
€13,570
From operations (derived)
+€15,266
Net result for the year
+€34,726
Depreciation
+€3,973
Receivables within one year
-€13,508
Deferred charges and accrued income
+€1,693
Trade debts
+€22,203
Tax, wage and social debts
-€18,695
Other debts
-€5,073
Accrued charges and deferred income
-€10,052
Investment (derived)
-€5,488
Investment in fixed assets (net)
-€5,484
Current investments
-€4
Financing
-€23,348
Debts after one year
-€13,619
Current portion of long-term debt
+€9,299
Short-term financial debts
+€972
Contributions, distributions and other
-€20,000
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,494 | €298,254 | -€240 | -0.1% |
| Fixed assets | 21/28 | €20,527 | €22,038 | +€1,511 | +7.4% |
| Tangible fixed assets | 22/27 | €20,527 | €22,038 | +€1,511 | +7.4% |
| Plant, machinery and equipment | 23 | €4,418 | €5,812 | +€1,395 | +31.6% |
| Furniture and vehicles | 24 | €16,110 | €16,226 | +€116 | +0.7% |
| Current assets | 29/58 | €277,966 | €276,215 | -€1,751 | -0.6% |
| Amounts receivable after more than one year | 29 | €152,733 | €152,733 | = | 0.0% |
| Trade receivables | 290 | €152,733 | €152,733 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €109,967 | €123,475 | +€13,508 | +12.3% |
| Trade receivables | 40 | €71,550 | €111,711 | +€40,161 | +56.1% |
| Other amounts receivable | 41 | €38,417 | €11,764 | -€26,653 | -69.4% |
| Current investments | 50/53 | €4 | €8 | +€4 | +120% |
| Cash at bank and in hand | 54/58 | €13,570 | - | -€13,570 | |
| Deferred charges and accrued income | 490/1 | €1,693 | - | -€1,693 | |
| Total equity and liabilities | 10/49 | €298,494 | €298,254 | -€240 | -0.1% |
| Equity | 10/15 | €113,832 | €128,558 | +€14,726 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,232 | €109,958 | +€14,726 | +15.5% |
| Distributable reserves | 133 | €95,232 | €109,958 | +€14,726 | +15.5% |
| Amounts payable | 17/49 | €184,661 | €169,696 | -€14,965 | -8.1% |
| Amounts payable after more than one year | 17 | €15,986 | €2,367 | -€13,619 | -85.2% |
| Financial debts | 170/4 | €15,986 | €2,367 | -€13,619 | -85.2% |
| Amounts payable within one year | 42/48 | €158,623 | €167,330 | +€8,706 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €12,675 | €21,974 | +€9,299 | +73.4% |
| Financial debts | 43 | - | €972 | +€972 | |
| Credit institutions | 430/8 | - | €538 | +€538 | |
| Other loans | 439 | - | €434 | +€434 | |
| Trade debts | 44 | €33,641 | €55,844 | +€22,203 | +66.0% |
| Suppliers | 440/4 | €33,641 | €55,844 | +€22,203 | +66.0% |
| Taxes, remuneration and social security | 45 | €97,734 | €79,039 | -€18,695 | -19.1% |
| Taxes | 450/3 | €74,036 | €46,211 | -€27,825 | -37.6% |
| Remuneration and social security | 454/9 | €23,698 | €32,828 | +€9,130 | +38.5% |
| Other amounts payable | 47/48 | €14,573 | €9,500 | -€5,073 | -34.8% |
| Accrued charges and deferred income | 492/3 | €10,052 | - | -€10,052 | |
| Remuneration, social security and pensions | 62 | €191,477 | €242,298 | +€50,821 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,570 | €3,973 | +€2,402 | +153% |
| Other operating charges | 640/8 | €8,430 | €1,999 | -€6,431 | -76.3% |
| Non-recurring operating charges | 66A | - | €14,039 | +€14,039 | |
| Gross operating margin | 9900 | €278,709 | €330,890 | +€52,181 | +18.7% |
| Operating profit (loss) | 9901 | €77,232 | €68,581 | -€8,651 | -11.2% |
| Financial income | 75/76B | €56 | €45 | -€11 | -19.0% |
| Recurring financial income | 75 | €56 | €45 | -€11 | -19.0% |
| Financial charges | 65/66B | €14,185 | €14,185 | +€1 | 0.0% |
| Recurring financial charges | 65 | €14,185 | €14,185 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €63,104 | €54,441 | -€8,662 | -13.7% |
| Income taxes | 67/77 | €29,446 | €19,716 | -€9,731 | -33.0% |
| Profit (loss) for the period | 9904 | €33,657 | €34,726 | +€1,068 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,657 | €34,726 | +€1,068 | +3.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.