PARDA: what changed
Two financial 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.
PARDA
Largest movements
- Receivables within one year +€19,045
up €19,045 (+127%), from €14,972 to €34,017
of which Trade receivables: +€23,139
- Cash -€13,308
down €13,308 (-27.6%), from €48,191 to €34,883
mainly Contributions, distributions and other (-€22,500) and Receivables within one year (-€19,045)
- Tangible fixed assets -€11,993
down €11,993 (-20.2%), from €59,415 to €47,422
- Debts after one year -€12,395
down €12,395 (-32.4%), from €38,218 to €25,823
- Other debts +€5,675
up €5,675 (+42.2%), from €13,450 to €19,125
- Tax, wage and social debts +€1,820
up €1,820 (+12.0%), from €15,201 to €17,021
- Reserves -€1,629
down €1,629 (-3.8%), from €42,944 to €41,315
of which Distributable reserves: -€1,629
- Turnover +€20,233
up €20,233 (+17.5%), from €115,346 to €135,579
- Gross operating margin +€15,938
up €15,938 (+58.2%), from €27,371 to €43,309
- Financial income -€11,698
down €11,698 (-99.4%), from €11,773 to €75
of which Non-recurring financial income: -€11,752
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.
Derived cash bridge
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 | €122,697 | €116,322 | -€6,375 | -5.2% |
| Formation expenses | 20 | €119 | - | -€119 | |
| Fixed assets | 21/28 | €59,415 | €47,422 | -€11,993 | -20.2% |
| Tangible fixed assets | 22/27 | €59,415 | €47,422 | -€11,993 | -20.2% |
| Furniture and vehicles | 24 | €59,415 | €47,422 | -€11,993 | -20.2% |
| Current assets | 29/58 | €63,163 | €68,900 | +€5,737 | +9.1% |
| Amounts receivable within one year | 40/41 | €14,972 | €34,017 | +€19,045 | +127% |
| Trade receivables | 40 | €10,878 | €34,017 | +€23,139 | +213% |
| Other amounts receivable | 41 | €4,094 | - | -€4,094 | |
| Cash at bank and in hand | 54/58 | €48,191 | €34,883 | -€13,308 | -27.6% |
| Total equity and liabilities | 10/49 | €122,697 | €116,322 | -€6,375 | -5.2% |
| Equity | 10/15 | €43,344 | €41,715 | -€1,629 | -3.8% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €42,944 | €41,315 | -€1,629 | -3.8% |
| Non-distributable reserves | 130/1 | €40 | €40 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40 | €40 | = | 0.0% |
| Distributable reserves | 133 | €42,904 | €41,275 | -€1,629 | -3.8% |
| Amounts payable | 17/49 | €79,353 | €74,607 | -€4,746 | -6.0% |
| Amounts payable after more than one year | 17 | €38,218 | €25,823 | -€12,395 | -32.4% |
| Financial debts | 170/4 | €38,218 | €25,823 | -€12,395 | -32.4% |
| Amounts payable within one year | 42/48 | €41,135 | €48,784 | +€7,649 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €12,395 | €12,395 | = | 0.0% |
| Trade debts | 44 | €89 | €243 | +€154 | +173% |
| Suppliers | 440/4 | €89 | €243 | +€154 | +173% |
| Taxes, remuneration and social security | 45 | €15,201 | €17,021 | +€1,820 | +12.0% |
| Taxes | 450/3 | €15,201 | €17,021 | +€1,820 | +12.0% |
| Other amounts payable | 47/48 | €13,450 | €19,125 | +€5,675 | +42.2% |
| Turnover | 70 | €115,346 | €135,579 | +€20,233 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,214 | €14,095 | -€119 | -0.8% |
| Other operating charges | 640/8 | €1,471 | €1,050 | -€421 | -28.6% |
| Gross operating margin | 9900 | €27,371 | €43,309 | +€15,938 | +58.2% |
| Operating profit (loss) | 9901 | €11,686 | €28,164 | +€16,478 | +141% |
| Financial income | 75/76B | €11,773 | €75 | -€11,698 | -99.4% |
| Recurring financial income | 75 | €21 | €75 | +€54 | +257% |
| Non-recurring financial income | 76B | €11,752 | - | -€11,752 | |
| Financial charges | 65/66B | €2,019 | €1,567 | -€452 | -22.4% |
| Recurring financial charges | 65 | €2,019 | €1,567 | -€452 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €21,440 | €26,672 | +€5,232 | +24.4% |
| Income taxes | 67/77 | €4,656 | €5,801 | +€1,145 | +24.6% |
| Profit (loss) for the period | 9904 | €16,784 | €20,871 | +€4,087 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,784 | €20,871 | +€4,087 | +24.4% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.