AARSCHOT PAINT: 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.
What changed
AARSCHOT PAINT
NACE 47.530, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€34,400
2024 · €45,306-€10,907
Equity
€402,716
2024 · €369,982+€32,734
Cash
€33,987
2024 · €65,601-€31,614
Balance sheet total
€569,310
2024 · €578,880-€9,569
Largest movements
Assets
- Cash -€31,614
down €31,614 (-48.2%), from €65,601 to €33,987
mainly Investment in fixed assets (net) (-€49,546) and Other debts (-€26,266)
- Receivables within one year +€17,145
up €17,145 (+35.8%), from €47,901 to €65,046
of which Other amounts receivable: +€13,173
Equity and liabilities
- Reserves +€32,734
up €32,734 (+8.9%), from €369,482 to €402,216
- Other debts -€26,266
down €26,266 (-74.9%), from €35,052 to €8,786
- Tax, wage and social debts -€12,952
down €12,952 (-30.8%), from €42,028 to €29,077
of which Taxes: -€17,455
Income statement
- Other operating charges +€15,210
up €15,210 (+575%), from €2,643 to €17,853
- Taxes -€4,241
down €4,241 (-19.3%), from €21,991 to €17,750
- Depreciation +€3,164
up €3,164 (+7.4%), from €42,980 to €46,144
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.
Result 2024
€45,306
Gross operating margin
+€1,369
Staff costs
-€311
Depreciation
-€3,164
Write-downs
+€2,053
Other operating charges
-€15,210
Other operating items
+€569
Financial income
-€1,026
Financial charges
+€571
Taxes
+€4,241
Result 2025
€34,400
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€24,625
Investment
-€51,490
Financing
-€4,749
Cash 2024
€65,601
From operations (derived)
+€24,625
Net result for the year
+€34,400
Depreciation
+€46,144
Stocks and contracts
+€1,142
Receivables within one year
-€17,145
Deferred charges and accrued income
-€696
Trade debts
-€634
Tax, wage and social debts
-€12,952
Advances received
+€633
Other debts
-€26,266
Investment (derived)
-€51,490
Investment in fixed assets (net)
-€49,546
Current investments
-€1,944
Financing
-€4,749
Current portion of long-term debt
-€5,454
Short-term financial debts
+€2,371
Contributions, distributions and other
-€1,666
Cash 2025
€33,987
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €578,880 | €569,310 | -€9,569 | -1.7% |
| Fixed assets | 21/28 | €74,266 | €77,668 | +€3,402 | +4.6% |
| Tangible fixed assets | 22/27 | €74,266 | €77,668 | +€3,402 | +4.6% |
| Land and buildings | 22 | €35,986 | €11,253 | -€24,733 | -68.7% |
| Plant, machinery and equipment | 23 | €15,396 | €12,134 | -€3,261 | -21.2% |
| Furniture and vehicles | 24 | €21,826 | €53,331 | +€31,506 | +144% |
| Other tangible fixed assets | 26 | €1,059 | €950 | -€109 | -10.3% |
| Current assets | 29/58 | €504,614 | €491,642 | -€12,971 | -2.6% |
| Amounts receivable after more than one year | 29 | €119,500 | €119,500 | = | 0.0% |
| Other amounts receivable | 291 | €119,500 | €119,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €99,899 | €98,757 | -€1,142 | -1.1% |
| Stocks | 30/36 | €99,899 | €98,757 | -€1,142 | -1.1% |
| Amounts receivable within one year | 40/41 | €47,901 | €65,046 | +€17,145 | +35.8% |
| Trade receivables | 40 | €44,150 | €48,122 | +€3,972 | +9.0% |
| Other amounts receivable | 41 | €3,751 | €16,924 | +€13,173 | +351% |
| Current investments | 50/53 | €162,925 | €164,869 | +€1,944 | +1.2% |
| Cash at bank and in hand | 54/58 | €65,601 | €33,987 | -€31,614 | -48.2% |
| Deferred charges and accrued income | 490/1 | €8,787 | €9,483 | +€696 | +7.9% |
| Total equity and liabilities | 10/49 | €578,880 | €569,310 | -€9,569 | -1.7% |
| Equity | 10/15 | €369,982 | €402,716 | +€32,734 | +8.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €369,482 | €402,216 | +€32,734 | +8.9% |
| Distributable reserves | 133 | €369,482 | €402,216 | +€32,734 | +8.9% |
| Amounts payable | 17/49 | €208,897 | €166,594 | -€42,303 | -20.3% |
| Amounts payable within one year | 42/48 | €208,897 | €166,594 | -€42,303 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €5,454 | - | -€5,454 | |
| Financial debts | 43 | €521 | €2,892 | +€2,371 | +455% |
| Credit institutions | 430/8 | €521 | €2,892 | +€2,371 | +455% |
| Trade debts | 44 | €123,241 | €122,607 | -€634 | -0.5% |
| Suppliers | 440/4 | €123,241 | €122,607 | -€634 | -0.5% |
| Advances received on contracts in progress | 46 | €2,600 | €3,233 | +€633 | +24.3% |
| Taxes, remuneration and social security | 45 | €42,028 | €29,077 | -€12,952 | -30.8% |
| Taxes | 450/3 | €24,697 | €7,242 | -€17,455 | -70.7% |
| Remuneration and social security | 454/9 | €17,332 | €21,835 | +€4,503 | +26.0% |
| Other amounts payable | 47/48 | €35,052 | €8,786 | -€26,266 | -74.9% |
| Non-recurring operating income | 76A | - | €207 | +€207 | |
| Remuneration, social security and pensions | 62 | €182,304 | €182,615 | +€311 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,980 | €46,144 | +€3,164 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,993 | -€60 | -€2,053 | |
| Other operating charges | 640/8 | €2,643 | €17,853 | +€15,210 | +575% |
| Non-recurring operating charges | 66A | €569 | - | -€569 | |
| Gross operating margin | 9900 | €293,686 | €295,055 | +€1,369 | +0.5% |
| Operating profit (loss) | 9901 | €63,196 | €48,503 | -€14,693 | -23.2% |
| Financial income | 75/76B | €7,256 | €6,230 | -€1,026 | -14.1% |
| Recurring financial income | 75 | €7,256 | €6,230 | -€1,026 | -14.1% |
| Financial charges | 65/66B | €3,154 | €2,583 | -€571 | -18.1% |
| Recurring financial charges | 65 | €3,154 | €2,583 | -€571 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €67,297 | €52,149 | -€15,148 | -22.5% |
| Income taxes | 67/77 | €21,991 | €17,750 | -€4,241 | -19.3% |
| Profit (loss) for the period | 9904 | €45,306 | €34,400 | -€10,907 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,306 | €34,400 | -€10,907 | -24.1% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.