ALL PAINT 1: 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.
ALL PAINT 1
Largest movements
- Receivables within one year -€8,752
down €8,752 (-35.2%), from €24,879 to €16,126
- Cash -€6,252
down €6,252 (-31.0%), from €20,155 to €13,902
mainly Net result for the year (-€7,024) and Investment in fixed assets (net) (-€5,600)
- Profit (loss) carried forward -€7,024
down €7,024, from €1,749 to -€5,275
- Trade debts -€4,705
down €4,705 (-37.7%), from €12,482 to €7,777
- Tax, wage and social debts -€3,432
down €3,432 (-10.2%), from €33,767 to €30,335
of which Remuneration and social security: -€3,159
- Gross operating margin -€13,382
down €13,382 (-7.7%), from €174,209 to €160,827
- Staff costs +€9,053
up €9,053 (+6.0%), from €151,590 to €160,643
- Taxes -€5,788
no longer reported in 2025 (was €5,788)
- Depreciation +€2,447
up €2,447 (+65.0%), from €3,766 to €6,212
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,662 | €75,034 | -€15,628 | -17.2% |
| Fixed assets | 21/28 | €12,375 | €11,763 | -€612 | -4.9% |
| Tangible fixed assets | 22/27 | €12,075 | €11,463 | -€612 | -5.1% |
| Land and buildings | 22 | €335 | €77 | -€257 | -76.9% |
| Furniture and vehicles | 24 | €3,847 | €5,075 | +€1,229 | +31.9% |
| Other tangible fixed assets | 26 | €7,894 | €6,311 | -€1,583 | -20.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €78,287 | €63,271 | -€15,016 | -19.2% |
| Stocks and contracts in progress | 3 | €33,145 | €32,488 | -€657 | -2.0% |
| Stocks | 30/36 | €33,145 | €32,488 | -€657 | -2.0% |
| Amounts receivable within one year | 40/41 | €24,879 | €16,126 | -€8,752 | -35.2% |
| Trade receivables | 40 | €24,879 | €16,126 | -€8,752 | -35.2% |
| Cash at bank and in hand | 54/58 | €20,155 | €13,902 | -€6,252 | -31.0% |
| Deferred charges and accrued income | 490/1 | €109 | €755 | +€646 | +592% |
| Total equity and liabilities | 10/49 | €90,662 | €75,034 | -€15,628 | -17.2% |
| Equity | 10/15 | €39,249 | €32,225 | -€7,024 | -17.9% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,749 | -€5,275 | -€7,024 | |
| Amounts payable | 17/49 | €51,414 | €42,810 | -€8,604 | -16.7% |
| Amounts payable within one year | 42/48 | €48,949 | €39,618 | -€9,331 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €857 | - | -€857 | |
| Trade debts | 44 | €12,482 | €7,777 | -€4,705 | -37.7% |
| Suppliers | 440/4 | €12,482 | €7,777 | -€4,705 | -37.7% |
| Taxes, remuneration and social security | 45 | €33,767 | €30,335 | -€3,432 | -10.2% |
| Taxes | 450/3 | €20,579 | €20,306 | -€273 | -1.3% |
| Remuneration and social security | 454/9 | €13,188 | €10,029 | -€3,159 | -24.0% |
| Other amounts payable | 47/48 | €1,843 | €1,506 | -€337 | -18.3% |
| Accrued charges and deferred income | 492/3 | €2,465 | €3,192 | +€727 | +29.5% |
| Remuneration, social security and pensions | 62 | €151,590 | €160,643 | +€9,053 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,766 | €6,212 | +€2,447 | +65.0% |
| Other operating charges | 640/8 | €451 | €346 | -€105 | -23.3% |
| Gross operating margin | 9900 | €174,209 | €160,827 | -€13,382 | -7.7% |
| Operating profit (loss) | 9901 | €18,403 | -€6,374 | -€24,777 | |
| Financial income | 75/76B | €70 | €150 | +€80 | +114% |
| Recurring financial income | 75 | €70 | €150 | +€80 | +114% |
| Financial charges | 65/66B | €1,568 | €800 | -€768 | -49.0% |
| Recurring financial charges | 65 | €1,568 | €800 | -€768 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €16,905 | -€7,024 | -€23,929 | |
| Income taxes | 67/77 | €5,788 | - | -€5,788 | |
| Profit (loss) for the period | 9904 | €11,117 | -€7,024 | -€18,142 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,117 | -€7,024 | -€18,142 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.