PAROC: 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.
PAROC
Largest movements
- Tangible fixed assets +€34,745
up €34,745 (+10.2%), from €341,357 to €376,102
of which Furniture and vehicles: +€46,787
- Deferred charges and accrued income -€6,000
no longer reported in 2025 (was €6,000)
- Receivables within one year -€5,355
no longer reported in 2025 (was €5,355)
- Other debts +€16,891
up €16,891 (+27.3%), from €61,850 to €78,741
- Debts after one year +€8,904
up €8,904 (+9.1%), from €98,059 to €106,963
- Current portion of long-term debt +€4,288
up €4,288 (+8.1%), from €52,730 to €57,018
- Depreciation +€4,787
up €4,787 (+38.4%), from €12,468 to €17,255
- Other operating charges +€3,045
up €3,045 (+68.9%), from €4,418 to €7,463
- Financial charges +€1,765
up €1,765 (+44.8%), from €3,936 to €5,701
- Taxes -€1,338
down €1,338 (-78.3%), from €1,709 to €372
- Gross operating margin +€687
up €687 (+2.6%), from €26,909 to €27,596
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 | €353,811 | €379,404 | +€25,593 | +7.2% |
| Fixed assets | 21/28 | €341,357 | €376,102 | +€34,745 | +10.2% |
| Tangible fixed assets | 22/27 | €341,357 | €376,102 | +€34,745 | +10.2% |
| Land and buildings | 22 | €340,708 | €328,667 | -€12,042 | -3.5% |
| Furniture and vehicles | 24 | €648 | €47,435 | +€46,787 | +7217.5% |
| Current assets | 29/58 | €12,454 | €3,302 | -€9,152 | -73.5% |
| Amounts receivable within one year | 40/41 | €5,355 | - | -€5,355 | |
| Other amounts receivable | 41 | €5,355 | - | -€5,355 | |
| Cash at bank and in hand | 54/58 | €1,099 | €3,302 | +€2,204 | +200.6% |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €353,811 | €379,404 | +€25,593 | +7.2% |
| Equity | 10/15 | €139,463 | €136,269 | -€3,194 | -2.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €119,463 | €119,463 | = | 0.0% |
| Distributable reserves | 133 | €119,463 | €119,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,194 | -€3,194 | |
| Amounts payable | 17/49 | €214,348 | €243,135 | +€28,788 | +13.4% |
| Amounts payable after more than one year | 17 | €98,059 | €106,963 | +€8,904 | +9.1% |
| Financial debts | 170/4 | €98,059 | €106,963 | +€8,904 | +9.1% |
| Amounts payable within one year | 42/48 | €116,288 | €136,172 | +€19,884 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €52,730 | €57,018 | +€4,288 | +8.1% |
| Trade debts | 44 | - | €42 | +€42 | |
| Suppliers | 440/4 | - | €42 | +€42 | |
| Taxes, remuneration and social security | 45 | €1,709 | €372 | -€1,338 | -78.3% |
| Taxes | 450/3 | €1,709 | €372 | -€1,338 | -78.3% |
| Other amounts payable | 47/48 | €61,850 | €78,741 | +€16,891 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,468 | €17,255 | +€4,787 | +38.4% |
| Other operating charges | 640/8 | €4,418 | €7,463 | +€3,045 | +68.9% |
| Gross operating margin | 9900 | €26,909 | €27,596 | +€687 | +2.6% |
| Operating profit (loss) | 9901 | €10,023 | €2,878 | -€7,145 | -71.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,936 | €5,701 | +€1,765 | +44.8% |
| Recurring financial charges | 65 | €3,936 | €5,701 | +€1,765 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €6,087 | -€2,823 | -€8,910 | |
| Income taxes | 67/77 | €1,709 | €372 | -€1,338 | -78.3% |
| Profit (loss) for the period | 9904 | €4,378 | -€3,194 | -€7,572 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,378 | -€3,194 | -€7,572 |
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 8 October 2026 via checked.be.