ALL PAINT: what changed
ALL PAINT
Largest movements
- Tangible fixed assets -€41,130
down €41,130 (-59.6%), from €69,011 to €27,881
of which Furniture and vehicles: -€37,942
- Deferred charges and accrued income +€13,218
up €13,218 (+516%), from €2,563 to €15,780
- Receivables within one year +€11,067
up €11,067 (+80.1%), from €13,823 to €24,890
of which Other amounts receivable: +€6,856
- Cash -€10,538
down €10,538 (-34.0%), from €30,990 to €20,453
mainly Debts after one year (-€20,263) and Deferred charges and accrued income (-€13,218)
- Debts after one year -€20,263
no longer reported in 2025 (was €20,263)
- Current portion of long-term debt -€8,717
down €8,717 (-85.2%), from €10,236 to €1,519
- Other debts +€7,706
up €7,706 (+701%), from €1,100 to €8,806
- Reserves -€6,956
down €6,956 (-10.6%), from €65,813 to €58,857
- Gross operating margin -€27,351
down €27,351 (-56.8%), from €48,114 to €20,763
- Depreciation -€9,398
down €9,398 (-59.0%), from €15,916 to €6,518
- Taxes -€7,011
down €7,011 (-82.4%), from €8,507 to €1,497
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 | €119,443 | €92,060 | -€27,383 | -22.9% |
| Fixed assets | 21/28 | €69,011 | €27,881 | -€41,130 | -59.6% |
| Tangible fixed assets | 22/27 | €69,011 | €27,881 | -€41,130 | -59.6% |
| Land and buildings | 22 | €19,868 | €16,986 | -€2,882 | -14.5% |
| Plant, machinery and equipment | 23 | €6,528 | €6,223 | -€305 | -4.7% |
| Furniture and vehicles | 24 | €42,615 | €4,673 | -€37,942 | -89.0% |
| Current assets | 29/58 | €50,432 | €64,179 | +€13,747 | +27.3% |
| Stocks and contracts in progress | 3 | €3,056 | €3,056 | = | 0.0% |
| Stocks | 30/36 | €3,056 | €3,056 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,823 | €24,890 | +€11,067 | +80.1% |
| Trade receivables | 40 | €5,689 | €9,900 | +€4,211 | +74.0% |
| Other amounts receivable | 41 | €8,134 | €14,990 | +€6,856 | +84.3% |
| Cash at bank and in hand | 54/58 | €30,990 | €20,453 | -€10,538 | -34.0% |
| Deferred charges and accrued income | 490/1 | €2,563 | €15,780 | +€13,218 | +516% |
| Total equity and liabilities | 10/49 | €119,443 | €92,060 | -€27,383 | -22.9% |
| Equity | 10/15 | €82,699 | €75,743 | -€6,956 | -8.4% |
| Contributions | 10/11 | €16,887 | €16,887 | = | 0.0% |
| Reserves | 13 | €65,813 | €58,857 | -€6,956 | -10.6% |
| Distributable reserves | 133 | €65,813 | €58,857 | -€6,956 | -10.6% |
| Amounts payable | 17/49 | €36,744 | €16,317 | -€20,426 | -55.6% |
| Amounts payable after more than one year | 17 | €20,263 | - | -€20,263 | |
| Financial debts | 170/4 | €20,263 | - | -€20,263 | |
| Amounts payable within one year | 42/48 | €15,498 | €16,167 | +€669 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €10,236 | €1,519 | -€8,717 | -85.2% |
| Trade debts | 44 | €2,073 | €2,922 | +€849 | +40.9% |
| Suppliers | 440/4 | €2,073 | €2,922 | +€849 | +40.9% |
| Taxes, remuneration and social security | 45 | €2,089 | €2,919 | +€831 | +39.8% |
| Taxes | 450/3 | €2,089 | €2,919 | +€831 | +39.8% |
| Other amounts payable | 47/48 | €1,100 | €8,806 | +€7,706 | +701% |
| Accrued charges and deferred income | 492/3 | €983 | €150 | -€833 | -84.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,916 | €6,518 | -€9,398 | -59.0% |
| Other operating charges | 640/8 | €699 | €999 | +€300 | +43.0% |
| Non-recurring operating charges | 66A | €449 | €8,631 | +€8,182 | +1,823% |
| Gross operating margin | 9900 | €48,114 | €20,763 | -€27,351 | -56.8% |
| Operating profit (loss) | 9901 | €31,050 | €4,615 | -€26,435 | -85.1% |
| Financial income | 75/76B | €92 | €244 | +€153 | +166% |
| Recurring financial income | 75 | €92 | €244 | +€153 | +166% |
| Financial charges | 65/66B | €1,426 | €1,512 | +€87 | +6.1% |
| Recurring financial charges | 65 | €1,426 | €1,512 | +€87 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €29,716 | €3,347 | -€26,369 | -88.7% |
| Income taxes | 67/77 | €8,507 | €1,497 | -€7,011 | -82.4% |
| Profit (loss) for the period | 9904 | €21,209 | €1,850 | -€19,359 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,209 | €1,850 | -€19,359 | -91.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.