PARODAX: 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.
PARODAX
Largest movements
- Tangible fixed assets -€53,787
down €53,787 (-9.2%), from €583,094 to €529,307
of which Land and buildings: -€34,140
- Cash -€25,189
down €25,189 (-50.4%), from €49,967 to €24,778
mainly Debts after one year (-€109,872) and Other debts (-€21,695)
- Current investments +€8,739
up €8,739 (+22.8%), from €38,330 to €47,069
- Debts after one year -€109,872
down €109,872 (-46.9%), from €234,419 to €124,547
- Profit (loss) carried forward +€49,936
up €49,936 (+20.5%), from €243,600 to €293,535
- Other debts -€21,695
down €21,695 (-27.0%), from €80,208 to €58,513
- Trade debts +€9,218
up €9,218 (+857.5%), from €1,075 to €10,293
- Staff costs -€17,142
down €17,142 (-54.4%), from €31,511 to €14,369
- Other operating charges -€12,104
down €12,104 (-88.3%), from €13,711 to €1,607
- Depreciation -€8,425
down €8,425 (-12.4%), from €67,976 to €59,551
- Gross operating margin -€7,341
down €7,341 (-4.6%), from €160,994 to €153,653
- Taxes +€6,432
up €6,432 (+52.5%), from €12,240 to €18,672
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 | €685,196 | €614,620 | -€70,576 | -10.3% |
| Fixed assets | 21/28 | €594,238 | €535,599 | -€58,639 | -9.9% |
| Intangible fixed assets | 21 | €11,143 | €6,292 | -€4,852 | -43.5% |
| Tangible fixed assets | 22/27 | €583,094 | €529,307 | -€53,787 | -9.2% |
| Land and buildings | 22 | €486,891 | €452,751 | -€34,140 | -7.0% |
| Plant, machinery and equipment | 23 | €10,177 | €5,681 | -€4,496 | -44.2% |
| Furniture and vehicles | 24 | €4,452 | €3,607 | -€844 | -19.0% |
| Other tangible fixed assets | 26 | €81,574 | €67,268 | -€14,307 | -17.5% |
| Current assets | 29/58 | €90,958 | €79,021 | -€11,937 | -13.1% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Current investments | 50/53 | €38,330 | €47,069 | +€8,739 | +22.8% |
| Cash at bank and in hand | 54/58 | €49,967 | €24,778 | -€25,189 | -50.4% |
| Deferred charges and accrued income | 490/1 | €1,661 | €6,174 | +€4,512 | +271.6% |
| Total equity and liabilities | 10/49 | €685,196 | €614,620 | -€70,576 | -10.3% |
| Equity | 10/15 | €262,200 | €312,135 | +€49,936 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,600 | €293,535 | +€49,936 | +20.5% |
| Provisions and deferred taxes | 16 | €1,274 | €1,274 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,274 | €1,274 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,274 | €1,274 | = | 0.0% |
| Amounts payable | 17/49 | €421,722 | €301,210 | -€120,512 | -28.6% |
| Amounts payable after more than one year | 17 | €234,419 | €124,547 | -€109,872 | -46.9% |
| Financial debts | 170/4 | €234,419 | €124,547 | -€109,872 | -46.9% |
| Amounts payable within one year | 42/48 | €174,501 | €165,819 | -€8,682 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €85,358 | €87,163 | +€1,805 | +2.1% |
| Financial debts | 43 | €1,458 | €1,250 | -€209 | -14.3% |
| Credit institutions | 430/8 | €1,458 | €1,250 | -€209 | -14.3% |
| Trade debts | 44 | €1,075 | €10,293 | +€9,218 | +857.5% |
| Suppliers | 440/4 | €1,075 | €10,293 | +€9,218 | +857.5% |
| Taxes, remuneration and social security | 45 | €6,402 | €8,600 | +€2,198 | +34.3% |
| Taxes | 450/3 | €1,600 | €8,600 | +€7,000 | +437.5% |
| Remuneration and social security | 454/9 | €4,802 | - | -€4,802 | |
| Other amounts payable | 47/48 | €80,208 | €58,513 | -€21,695 | -27.0% |
| Accrued charges and deferred income | 492/3 | €12,802 | €10,845 | -€1,957 | -15.3% |
| Remuneration, social security and pensions | 62 | €31,511 | €14,369 | -€17,142 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,976 | €59,551 | -€8,425 | -12.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €834 | - | -€834 | |
| Other operating charges | 640/8 | €13,711 | €1,607 | -€12,104 | -88.3% |
| Gross operating margin | 9900 | €160,994 | €153,653 | -€7,341 | -4.6% |
| Operating profit (loss) | 9901 | €46,961 | €78,125 | +€31,164 | +66.4% |
| Financial income | 75/76B | €144 | €224 | +€80 | +55.7% |
| Recurring financial income | 75 | €144 | €224 | +€80 | +55.7% |
| Financial charges | 65/66B | €10,890 | €9,741 | -€1,149 | -10.6% |
| Recurring financial charges | 65 | €10,890 | €9,741 | -€1,149 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €36,214 | €68,608 | +€32,394 | +89.4% |
| Income taxes | 67/77 | €12,240 | €18,672 | +€6,432 | +52.5% |
| Profit (loss) for the period | 9904 | €23,974 | €49,936 | +€25,962 | +108.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,974 | €49,936 | +€25,962 | +108.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.