PAROPLAN: 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.
PAROPLAN
Largest movements
- Current investments +€86,000
up €86,000 (+23.2%), from €370,000 to €456,000
- Tangible fixed assets -€57,567
down €57,567 (-20.9%), from €275,663 to €218,096
of which Plant, machinery and equipment: -€32,028
- Intangible fixed assets -€35,000
down €35,000 (-16.1%), from €216,808 to €181,808
- Receivables within one year +€20,018
up €20,018 (+372.4%), from €5,375 to €25,393
of which Other amounts receivable: +€14,556
- Other debts +€338,073
up €338,073 (+288.8%), from €117,044 to €455,117
- Reserves -€264,695
down €264,695 (-63.7%), from €415,535 to €150,841
of which Distributable reserves: -€264,695
- Debts after one year -€48,562
down €48,562 (-14.7%), from €330,569 to €282,007
- Gross operating margin +€33,795
up €33,795 (+11.8%), from €285,532 to €319,327
- Taxes +€9,344
up €9,344 (+33.3%), from €28,069 to €37,413
- Staff costs -€3,631
down €3,631 (-7.0%), from €51,971 to €48,340
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 | €931,088 | €952,691 | +€21,603 | +2.3% |
| Fixed assets | 21/28 | €492,471 | €399,904 | -€92,567 | -18.8% |
| Intangible fixed assets | 21 | €216,808 | €181,808 | -€35,000 | -16.1% |
| Tangible fixed assets | 22/27 | €275,663 | €218,096 | -€57,567 | -20.9% |
| Land and buildings | 22 | €167,464 | €157,143 | -€10,322 | -6.2% |
| Plant, machinery and equipment | 23 | €61,792 | €29,764 | -€32,028 | -51.8% |
| Furniture and vehicles | 24 | €46,407 | €31,190 | -€15,217 | -32.8% |
| Current assets | 29/58 | €438,616 | €552,787 | +€114,170 | +26.0% |
| Amounts receivable within one year | 40/41 | €5,375 | €25,393 | +€20,018 | +372.4% |
| Trade receivables | 40 | €869 | €6,331 | +€5,462 | +628.8% |
| Other amounts receivable | 41 | €4,506 | €19,063 | +€14,556 | +323.0% |
| Current investments | 50/53 | €370,000 | €456,000 | +€86,000 | +23.2% |
| Cash at bank and in hand | 54/58 | €63,242 | €69,867 | +€6,625 | +10.5% |
| Deferred charges and accrued income | 490/1 | - | €1,527 | +€1,527 | |
| Total equity and liabilities | 10/49 | €931,088 | €952,691 | +€21,603 | +2.3% |
| Equity | 10/15 | €416,535 | €151,841 | -€264,695 | -63.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €415,535 | €150,841 | -€264,695 | -63.7% |
| Tax-exempt reserves | 132 | €25,260 | €25,260 | = | 0.0% |
| Distributable reserves | 133 | €390,275 | €125,581 | -€264,695 | -67.8% |
| Amounts payable | 17/49 | €514,552 | €800,850 | +€286,298 | +55.6% |
| Amounts payable after more than one year | 17 | €330,569 | €282,007 | -€48,562 | -14.7% |
| Financial debts | 170/4 | €330,569 | €282,007 | -€48,562 | -14.7% |
| Amounts payable within one year | 42/48 | €183,984 | €518,843 | +€334,860 | +182.0% |
| Current portion of amounts payable after more than one year | 42 | €48,208 | €48,562 | +€353 | +0.7% |
| Trade debts | 44 | €8,499 | €8,136 | -€363 | -4.3% |
| Suppliers | 440/4 | €8,499 | €8,136 | -€363 | -4.3% |
| Taxes, remuneration and social security | 45 | €10,233 | €7,029 | -€3,204 | -31.3% |
| Taxes | 450/3 | €10,233 | - | -€10,233 | |
| Remuneration and social security | 454/9 | - | €7,029 | +€7,029 | |
| Other amounts payable | 47/48 | €117,044 | €455,117 | +€338,073 | +288.8% |
| Remuneration, social security and pensions | 62 | €51,971 | €48,340 | -€3,631 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,708 | €96,865 | +€157 | +0.2% |
| Other operating charges | 640/8 | €2,596 | €4,308 | +€1,712 | +66.0% |
| Gross operating margin | 9900 | €285,532 | €319,327 | +€33,795 | +11.8% |
| Operating profit (loss) | 9901 | €134,257 | €169,814 | +€35,557 | +26.5% |
| Financial income | 75/76B | €5,251 | €6,563 | +€1,312 | +25.0% |
| Recurring financial income | 75 | €5,251 | €6,563 | +€1,312 | +25.0% |
| Financial charges | 65/66B | €11,619 | €13,384 | +€1,765 | +15.2% |
| Recurring financial charges | 65 | €11,619 | €13,384 | +€1,765 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €127,889 | €162,994 | +€35,104 | +27.4% |
| Income taxes | 67/77 | €28,069 | €37,413 | +€9,344 | +33.3% |
| Profit (loss) for the period | 9904 | €99,820 | €125,581 | +€25,761 | +25.8% |
| Transfer to tax-exempt reserves | 689 | €25,260 | - | -€25,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €74,560 | €125,581 | +€51,021 | +68.4% |
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 2 October 2026 via checked.be.