BAD PAPRIKA: 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.
BAD PAPRIKA
Largest movements
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Cash +€25,156
up €25,156 (+627%), from €4,012 to €29,168
mainly Current investments (+€30,000) and Depreciation (+€3,622)
- Tangible fixed assets -€1,271
down €1,271 (-14.2%), from €8,930 to €7,659
of which Other tangible fixed assets: -€2,479
- Receivables within one year +€1,155
up €1,155 (+46.1%), from €2,504 to €3,659
of which Other amounts receivable: +€1,773
- Reserves -€4,607
down €4,607 (-27.9%), from €16,503 to €11,897
- Trade debts +€543
up €543 (+52.8%), from €1,029 to €1,572
- Other debts -€515
down €515 (-5.3%), from €9,718 to €9,203
- Gross operating margin -€10,106
down €10,106, from €9,760 to -€346
- Financial charges -€688
down €688 (-92.0%), from €747 to €60
- Financial income +€147
up €147 (+535%), from €28 to €175
- Staff costs +€127
new in 2025: €127
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 | €50,014 | €45,170 | -€4,844 | -9.7% |
| Fixed assets | 21/28 | €11,930 | €10,659 | -€1,271 | -10.7% |
| Tangible fixed assets | 22/27 | €8,930 | €7,659 | -€1,271 | -14.2% |
| Furniture and vehicles | 24 | €134 | €1,342 | +€1,208 | +904% |
| Other tangible fixed assets | 26 | €8,796 | €6,317 | -€2,479 | -28.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €38,084 | €34,511 | -€3,573 | -9.4% |
| Stocks and contracts in progress | 3 | €900 | €900 | = | 0.0% |
| Stocks | 30/36 | €900 | €900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,504 | €3,659 | +€1,155 | +46.1% |
| Trade receivables | 40 | €1,627 | €1,009 | -€618 | -38.0% |
| Other amounts receivable | 41 | €877 | €2,650 | +€1,773 | +202% |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €4,012 | €29,168 | +€25,156 | +627% |
| Deferred charges and accrued income | 490/1 | €668 | €784 | +€116 | +17.3% |
| Total equity and liabilities | 10/49 | €50,014 | €45,170 | -€4,844 | -9.7% |
| Equity | 10/15 | €35,103 | €30,497 | -€4,607 | -13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,503 | €11,897 | -€4,607 | -27.9% |
| Distributable reserves | 133 | €16,503 | €11,897 | -€4,607 | -27.9% |
| Amounts payable | 17/49 | €14,910 | €14,673 | -€237 | -1.6% |
| Amounts payable within one year | 42/48 | €14,910 | €14,653 | -€257 | -1.7% |
| Trade debts | 44 | €1,029 | €1,572 | +€543 | +52.8% |
| Suppliers | 440/4 | €1,029 | €1,572 | +€543 | +52.8% |
| Advances received on contracts in progress | 46 | €4,163 | €3,878 | -€285 | -6.8% |
| Other amounts payable | 47/48 | €9,718 | €9,203 | -€515 | -5.3% |
| Accrued charges and deferred income | 492/3 | - | €20 | +€20 | |
| Non-recurring operating income | 76A | €3,780 | - | -€3,780 | |
| Remuneration, social security and pensions | 62 | - | €127 | +€127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,644 | €3,622 | -€22 | -0.6% |
| Other operating charges | 640/8 | €549 | €627 | +€78 | +14.2% |
| Gross operating margin | 9900 | €9,760 | -€346 | -€10,106 | |
| Operating profit (loss) | 9901 | €5,567 | -€4,722 | -€10,289 | |
| Financial income | 75/76B | €28 | €175 | +€147 | +535% |
| Recurring financial income | 75 | €28 | €175 | +€147 | +535% |
| Financial charges | 65/66B | €747 | €60 | -€688 | -92.0% |
| Recurring financial charges | 65 | €747 | €60 | -€688 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | €4,847 | -€4,607 | -€9,454 | |
| Profit (loss) for the period | 9904 | €4,847 | -€4,607 | -€9,454 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,847 | -€4,607 | -€9,454 |
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 19 October 2026 via checked.be.