PAROS PROJECTS: 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.
PAROS PROJECTS
Largest movements
- Cash +€52,200
up €52,200 (+757.6%), from €6,890 to €59,090
mainly Net result for the year (+€27,237) and Other debts (+€26,252)
- Profit (loss) carried forward +€27,237
up €27,237 (+29.7%), from €91,611 to €118,848
- Other debts +€26,252
up €26,252 (+16.4%), from €159,705 to €185,956
- Tax, wage and social debts +€8,245
up €8,245 (+17.6%), from €46,898 to €55,143
- Trade debts -€6,487
down €6,487 (-4.7%), from €137,644 to €131,157
- Gross operating margin -€26,662
down €26,662 (-46.0%), from €57,933 to €31,271
- Other operating charges -€15,432
down €15,432 (-93.7%), from €16,470 to €1,038
- Financial charges -€8,425
down €8,425 (-81.6%), from €10,325 to €1,900
- Taxes -€2,075
no longer reported in 2024 (was €2,075)
- Depreciation -€661
down €661 (-37.1%), from €1,784 to €1,123
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €528,318 | €583,564 | +€55,246 | +10.5% |
| Fixed assets | 21/28 | €169,040 | €170,557 | +€1,517 | +0.9% |
| Tangible fixed assets | 22/27 | €1,610 | €487 | -€1,123 | -69.7% |
| Plant, machinery and equipment | 23 | €780 | €357 | -€423 | -54.2% |
| Furniture and vehicles | 24 | €830 | €130 | -€700 | -84.3% |
| Financial fixed assets | 28 | €167,430 | €170,070 | +€2,640 | +1.6% |
| Current assets | 29/58 | €359,278 | €413,007 | +€53,729 | +15.0% |
| Stocks and contracts in progress | 3 | €166,000 | €166,000 | = | 0.0% |
| Stocks | 30/36 | €166,000 | €166,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €186,388 | €186,307 | -€82 | 0.0% |
| Trade receivables | 40 | €139,729 | €136,533 | -€3,195 | -2.3% |
| Other amounts receivable | 41 | €46,660 | €49,773 | +€3,114 | +6.7% |
| Cash at bank and in hand | 54/58 | €6,890 | €59,090 | +€52,200 | +757.6% |
| Deferred charges and accrued income | 490/1 | €0 | €1,610 | +€1,610 | |
| Total equity and liabilities | 10/49 | €528,318 | €583,564 | +€55,246 | +10.5% |
| Equity | 10/15 | €184,071 | €211,308 | +€27,237 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,860 | €73,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €72,000 | €73,860 | +€1,860 | +2.6% |
| Profit (loss) carried forward | 14 | €91,611 | €118,848 | +€27,237 | +29.7% |
| Amounts payable | 17/49 | €344,247 | €372,256 | +€28,009 | +8.1% |
| Amounts payable within one year | 42/48 | €344,247 | €372,256 | +€28,009 | +8.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €137,644 | €131,157 | -€6,487 | -4.7% |
| Suppliers | 440/4 | €137,644 | €131,157 | -€6,487 | -4.7% |
| Taxes, remuneration and social security | 45 | €46,898 | €55,143 | +€8,245 | +17.6% |
| Taxes | 450/3 | €46,898 | €55,143 | +€8,245 | +17.6% |
| Other amounts payable | 47/48 | €159,705 | €185,956 | +€26,252 | +16.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €165 | - | -€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,784 | €1,123 | -€661 | -37.1% |
| Other operating charges | 640/8 | €16,470 | €1,038 | -€15,432 | -93.7% |
| Gross operating margin | 9900 | €57,933 | €31,271 | -€26,662 | -46.0% |
| Operating profit (loss) | 9901 | €39,679 | €29,110 | -€10,569 | -26.6% |
| Financial income | 75/76B | €7 | €27 | +€20 | +291.2% |
| Recurring financial income | 75 | €7 | €27 | +€20 | +291.2% |
| Financial charges | 65/66B | €10,325 | €1,900 | -€8,425 | -81.6% |
| Recurring financial charges | 65 | €10,325 | €1,900 | -€8,425 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | €29,361 | €27,237 | -€2,124 | -7.2% |
| Income taxes | 67/77 | €2,075 | - | -€2,075 | |
| Profit (loss) for the period | 9904 | €27,286 | €27,237 | -€49 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,286 | €27,237 | -€49 | -0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.