Paro Stircu: 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 Stircu
Largest movements
- Receivables after one year +€200,000
new in 2025: €200,000
- Receivables within one year +€69,374
up €69,374 (+138.7%), from €50,024 to €119,397
- Cash -€56,583
down €56,583 (-34.5%), from €164,152 to €107,569
mainly Receivables after one year (-€200,000) and Receivables within one year (-€69,374)
- Profit (loss) carried forward +€149,921
new in 2025: €149,921
- Tax, wage and social debts +€44,499
up €44,499 (+149.8%), from €29,696 to €74,194
- Trade debts +€17,953
up €17,953 (+346.8%), from €5,176 to €23,130
- Gross operating margin +€87,642
up €87,642 (+82.1%), from €106,715 to €194,357
- Taxes +€15,081
up €15,081 (+51.2%), from €29,436 to €44,517
- Financial income +€4,177
up €4,177 (+41774800.0%), from €0 to €4,177
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 | €221,393 | €430,980 | +€209,587 | +94.7% |
| Fixed assets | 21/28 | €6,519 | €3,014 | -€3,505 | -53.8% |
| Tangible fixed assets | 22/27 | €6,519 | €3,014 | -€3,505 | -53.8% |
| Plant, machinery and equipment | 23 | €6,519 | €3,014 | -€3,505 | -53.8% |
| Current assets | 29/58 | €214,874 | €427,966 | +€213,092 | +99.2% |
| Amounts receivable after more than one year | 29 | - | €200,000 | +€200,000 | |
| Other amounts receivable | 291 | - | €200,000 | +€200,000 | |
| Amounts receivable within one year | 40/41 | €50,024 | €119,397 | +€69,374 | +138.7% |
| Trade receivables | 40 | €50,024 | €119,397 | +€69,374 | +138.7% |
| Cash at bank and in hand | 54/58 | €164,152 | €107,569 | -€56,583 | -34.5% |
| Deferred charges and accrued income | 490/1 | €698 | €999 | +€301 | +43.2% |
| Total equity and liabilities | 10/49 | €221,393 | €430,980 | +€209,587 | +94.7% |
| Equity | 10/15 | €179,420 | €329,341 | +€149,921 | +83.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €176,420 | €176,420 | = | 0.0% |
| Distributable reserves | 133 | €176,420 | €176,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €149,921 | +€149,921 | |
| Amounts payable | 17/49 | €41,973 | €101,639 | +€59,666 | +142.2% |
| Amounts payable within one year | 42/48 | €41,973 | €101,639 | +€59,666 | +142.2% |
| Trade debts | 44 | €5,176 | €23,130 | +€17,953 | +346.8% |
| Suppliers | 440/4 | €5,176 | €23,130 | +€17,953 | +346.8% |
| Taxes, remuneration and social security | 45 | €29,696 | €74,194 | +€44,499 | +149.8% |
| Taxes | 450/3 | €29,696 | €74,194 | +€44,499 | +149.8% |
| Other amounts payable | 47/48 | €7,101 | €4,315 | -€2,786 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | €3,505 | +€505 | +16.8% |
| Other operating charges | 640/8 | €141 | €544 | +€403 | +287.1% |
| Gross operating margin | 9900 | €106,715 | €194,357 | +€87,642 | +82.1% |
| Operating profit (loss) | 9901 | €103,574 | €190,308 | +€86,734 | +83.7% |
| Financial income | 75/76B | €0 | €4,177 | +€4,177 | +41774800.0% |
| Recurring financial income | 75 | €0 | €4,177 | +€4,177 | +41774800.0% |
| Financial charges | 65/66B | €43 | €48 | +€5 | +11.8% |
| Recurring financial charges | 65 | €43 | €48 | +€5 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €103,531 | €194,438 | +€90,907 | +87.8% |
| Income taxes | 67/77 | €29,436 | €44,517 | +€15,081 | +51.2% |
| Profit (loss) for the period | 9904 | €74,096 | €149,921 | +€75,826 | +102.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,096 | €149,921 | +€75,826 | +102.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.