PAROBA: 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.
PAROBA
Largest movements
- Financial fixed assets +€791,379
up €791,379 (+87.0%), from €909,271 to €1.7m
- Tangible fixed assets -€41,291
down €41,291 (-6.9%), from €602,153 to €560,862
- Cash -€34,723
down €34,723 (-23.5%), from €148,044 to €113,320
mainly Investment in fixed assets (net) (-€791,379) and Debts after one year (-€45,333)
- Revaluation surpluses +€791,379
new in 2025: €791,379
- Debts after one year -€45,333
down €45,333 (-13.9%), from €325,555 to €280,222
- Other debts -€32,639
down €32,639 (-90.9%), from €35,893 to €3,254
- Gross operating margin +€6,855
up €6,855 (+10.1%), from €67,892 to €74,747
- Taxes +€2,217
up €2,217 (+61.1%), from €3,630 to €5,847
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 | €1,660,119 | €2,376,729 | +€716,610 | +43.2% |
| Fixed assets | 21/28 | €1,511,424 | €2,261,513 | +€750,089 | +49.6% |
| Tangible fixed assets | 22/27 | €602,153 | €560,862 | -€41,291 | -6.9% |
| Land and buildings | 22 | €602,153 | €560,862 | -€41,291 | -6.9% |
| Financial fixed assets | 28 | €909,271 | €1,700,651 | +€791,379 | +87.0% |
| Current assets | 29/58 | €148,694 | €115,216 | -€33,478 | -22.5% |
| Amounts receivable within one year | 40/41 | - | €1,233 | +€1,233 | |
| Other amounts receivable | 41 | - | €1,233 | +€1,233 | |
| Cash at bank and in hand | 54/58 | €148,044 | €113,320 | -€34,723 | -23.5% |
| Deferred charges and accrued income | 490/1 | €650 | €663 | +€12 | +1.8% |
| Total equity and liabilities | 10/49 | €1,660,119 | €2,376,729 | +€716,610 | +43.2% |
| Equity | 10/15 | €1,251,935 | €2,044,870 | +€792,936 | +63.3% |
| Contributions | 10/11 | €908,222 | €908,222 | = | 0.0% |
| Revaluation surpluses | 12 | - | €791,379 | +€791,379 | |
| Reserves | 13 | €343,713 | €345,269 | +€1,556 | +0.5% |
| Distributable reserves | 133 | €343,713 | €345,269 | +€1,556 | +0.5% |
| Amounts payable | 17/49 | €408,184 | €331,859 | -€76,325 | -18.7% |
| Amounts payable after more than one year | 17 | €325,555 | €280,222 | -€45,333 | -13.9% |
| Financial debts | 170/4 | €325,555 | €280,222 | -€45,333 | -13.9% |
| Amounts payable within one year | 42/48 | €82,628 | €51,637 | -€30,992 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €45,334 | €45,333 | -€0 | 0.0% |
| Trade debts | 44 | €572 | €2,202 | +€1,630 | +285.2% |
| Suppliers | 440/4 | €572 | €2,202 | +€1,630 | +285.2% |
| Taxes, remuneration and social security | 45 | €830 | €847 | +€17 | +2.1% |
| Taxes | 450/3 | €830 | €847 | +€17 | +2.1% |
| Other amounts payable | 47/48 | €35,893 | €3,254 | -€32,639 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,291 | €41,291 | = | 0.0% |
| Other operating charges | 640/8 | €9,824 | €10,131 | +€308 | +3.1% |
| Gross operating margin | 9900 | €67,892 | €74,747 | +€6,855 | +10.1% |
| Operating profit (loss) | 9901 | €16,778 | €23,325 | +€6,547 | +39.0% |
| Financial charges | 65/66B | €5,608 | €5,078 | -€530 | -9.5% |
| Recurring financial charges | 65 | €5,608 | €5,078 | -€530 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €11,170 | €18,247 | +€7,077 | +63.4% |
| Income taxes | 67/77 | €3,630 | €5,847 | +€2,217 | +61.1% |
| Profit (loss) for the period | 9904 | €7,540 | €12,400 | +€4,860 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,540 | €12,400 | +€4,860 | +64.5% |
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 11 October 2026 via checked.be.