PaRoSoL: what changed
PaRoSoL
Largest movements
- Current investments -€27,552
down €27,552 (-10.3%), from €267,520 to €239,968
- Cash -€18,192
down €18,192 (-29.8%), from €61,094 to €42,903
mainly Other debts (-€25,094) and Net result for the year (-€11,502)
- Tangible fixed assets -€6,239
down €6,239 (-5.6%), from €111,812 to €105,572
- Other debts -€25,094
down €25,094 (-9.0%), from €280,223 to €255,129
- Reserves -€11,000
down €11,000 (-25.0%), from €44,000 to €33,000
- Tax, wage and social debts -€10,081
down €10,081 (-94.8%), from €10,637 to €556
- Debts after one year -€4,879
down €4,879 (-5.9%), from €82,731 to €77,851
- Gross operating margin -€49,815
down €49,815, from €46,876 to -€2,940
- Taxes -€10,316
no longer reported in 2025 (was €10,316)
- Depreciation -€1,072
down €1,072 (-14.7%), from €7,311 to €6,239
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €442,990 | €390,113 | -€52,877 | -11.9% |
| Fixed assets | 21/28 | €111,812 | €105,572 | -€6,239 | -5.6% |
| Tangible fixed assets | 22/27 | €111,812 | €105,572 | -€6,239 | -5.6% |
| Land and buildings | 22 | €111,812 | €105,572 | -€6,239 | -5.6% |
| Current assets | 29/58 | €331,178 | €284,541 | -€46,637 | -14.1% |
| Amounts receivable within one year | 40/41 | €2,564 | €1,670 | -€894 | -34.9% |
| Trade receivables | 40 | €992 | €8 | -€984 | -99.2% |
| Other amounts receivable | 41 | €1,572 | €1,662 | +€90 | +5.7% |
| Current investments | 50/53 | €267,520 | €239,968 | -€27,552 | -10.3% |
| Cash at bank and in hand | 54/58 | €61,094 | €42,903 | -€18,192 | -29.8% |
| Total equity and liabilities | 10/49 | €442,990 | €390,113 | -€52,877 | -11.9% |
| Equity | 10/15 | €63,200 | €51,698 | -€11,502 | -18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,000 | €33,000 | -€11,000 | -25.0% |
| Distributable reserves | 133 | €44,000 | €33,000 | -€11,000 | -25.0% |
| Profit (loss) carried forward | 14 | €600 | €98 | -€502 | -83.7% |
| Amounts payable | 17/49 | €379,789 | €338,415 | -€41,374 | -10.9% |
| Amounts payable after more than one year | 17 | €82,731 | €77,851 | -€4,879 | -5.9% |
| Financial debts | 170/4 | €82,731 | €77,851 | -€4,879 | -5.9% |
| Amounts payable within one year | 42/48 | €297,059 | €260,564 | -€36,495 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €4,786 | €4,879 | +€93 | +2.0% |
| Trade debts | 44 | €1,413 | - | -€1,413 | |
| Suppliers | 440/4 | €1,413 | - | -€1,413 | |
| Taxes, remuneration and social security | 45 | €10,637 | €556 | -€10,081 | -94.8% |
| Taxes | 450/3 | €10,637 | €556 | -€10,081 | -94.8% |
| Other amounts payable | 47/48 | €280,223 | €255,129 | -€25,094 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,311 | €6,239 | -€1,072 | -14.7% |
| Other operating charges | 640/8 | €1,407 | €1,120 | -€287 | -20.4% |
| Gross operating margin | 9900 | €46,876 | -€2,940 | -€49,815 | |
| Operating profit (loss) | 9901 | €38,157 | -€10,299 | -€48,456 | |
| Financial income | 75/76B | €151 | €584 | +€433 | +287% |
| Recurring financial income | 75 | €151 | €584 | +€433 | +287% |
| Financial charges | 65/66B | €1,933 | €1,787 | -€146 | -7.6% |
| Recurring financial charges | 65 | €1,933 | €1,787 | -€146 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €36,375 | -€11,502 | -€47,877 | |
| Income taxes | 67/77 | €10,316 | - | -€10,316 | |
| Profit (loss) for the period | 9904 | €26,059 | -€11,502 | -€37,561 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,059 | -€11,502 | -€37,561 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.