ASSURANCES PAULUS: 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.
ASSURANCES PAULUS
Largest movements
- Cash +€47,134
up €47,134 (+15.3%), from €307,844 to €354,978
mainly Net result for the year (+€65,424) and Tax, wage and social debts (+€6,500)
- Receivables within one year +€12,342
up €12,342 (+78.3%), from €15,772 to €28,114
of which Other amounts receivable: +€9,203
- Reserves +€65,000
up €65,000 (+15.4%), from €420,860 to €485,860
of which Distributable reserves: +€65,000
- Accrued charges and deferred income -€15,992
down €15,992 (-100.0%), from €15,993 to €1
- Tax, wage and social debts +€6,500
up €6,500 (+195%), from €3,340 to €9,840
- Gross operating margin +€9,594
up €9,594 (+11.1%), from €86,550 to €96,144
- Financial income -€5,055
down €5,055 (-74.2%), from €6,814 to €1,759
- Taxes +€2,851
up €2,851 (+12.0%), from €23,845 to €26,696
- Financial charges -€2,249
down €2,249 (-74.5%), from €3,019 to €770
of which Financial charges: -€2,254
- Depreciation +€1,187
up €1,187 (+44.1%), from €2,689 to €3,876
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 | €536,819 | €592,419 | +€55,600 | +10.4% |
| Fixed assets | 21/28 | €16,160 | €12,284 | -€3,876 | -24.0% |
| Tangible fixed assets | 22/27 | €16,160 | €12,284 | -€3,876 | -24.0% |
| Furniture and vehicles | 24 | €16,160 | €12,284 | -€3,876 | -24.0% |
| Current assets | 29/58 | €520,659 | €580,135 | +€59,476 | +11.4% |
| Amounts receivable within one year | 40/41 | €15,772 | €28,114 | +€12,342 | +78.3% |
| Trade receivables | 40 | €10,470 | €13,609 | +€3,139 | +30.0% |
| Other amounts receivable | 41 | €5,302 | €14,505 | +€9,203 | +174% |
| Current investments | 50/53 | €197,043 | €197,043 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €307,844 | €354,978 | +€47,134 | +15.3% |
| Total equity and liabilities | 10/49 | €536,819 | €592,419 | +€55,600 | +10.4% |
| Equity | 10/15 | €512,028 | €577,452 | +€65,424 | +12.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €420,860 | €485,860 | +€65,000 | +15.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €419,000 | €484,000 | +€65,000 | +15.5% |
| Profit (loss) carried forward | 14 | €78,768 | €79,192 | +€424 | +0.5% |
| Amounts payable | 17/49 | €24,791 | €14,967 | -€9,824 | -39.6% |
| Amounts payable within one year | 42/48 | €8,798 | €14,966 | +€6,168 | +70.1% |
| Trade debts | 44 | - | €158 | +€158 | |
| Suppliers | 440/4 | - | €158 | +€158 | |
| Advances received on contracts in progress | 46 | €425 | - | -€425 | |
| Taxes, remuneration and social security | 45 | €3,340 | €9,840 | +€6,500 | +195% |
| Taxes | 450/3 | €3,340 | €9,840 | +€6,500 | +195% |
| Other amounts payable | 47/48 | €5,033 | €4,968 | -€65 | -1.3% |
| Accrued charges and deferred income | 492/3 | €15,993 | €1 | -€15,992 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,689 | €3,876 | +€1,187 | +44.1% |
| Other operating charges | 640/8 | €1,226 | €1,137 | -€89 | -7.3% |
| Non-recurring operating charges | 66A | €1,182 | - | -€1,182 | |
| Gross operating margin | 9900 | €86,550 | €96,144 | +€9,594 | +11.1% |
| Operating profit (loss) | 9901 | €81,453 | €91,131 | +€9,678 | +11.9% |
| Financial income | 75/76B | €6,814 | €1,759 | -€5,055 | -74.2% |
| Recurring financial income | 75 | €6,814 | €1,759 | -€5,055 | -74.2% |
| Financial charges | 65/66B | €3,019 | €770 | -€2,249 | -74.5% |
| Recurring financial charges | 65 | €3,019 | €765 | -€2,254 | -74.7% |
| Non-recurring financial charges | 66B | - | €5 | +€5 | |
| Profit (loss) for the period before taxes | 9903 | €85,248 | €92,120 | +€6,872 | +8.1% |
| Income taxes | 67/77 | €23,845 | €26,696 | +€2,851 | +12.0% |
| Profit (loss) for the period | 9904 | €61,403 | €65,424 | +€4,021 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,403 | €65,424 | +€4,021 | +6.5% |
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 17 October 2026 via checked.be.