BEST PAINT: what changed
What changed
BEST PAINT
NACE 46.831, Wholesale of construction materials, general range
filed annual accounts (NBB)
Net result for the year
€269,465
2025 · €161,555+€107,910
Equity
€1.1m
2025 · €979,391+€156,941
Cash
€217,232
2025 · €308,879-€91,646
Balance sheet total
€1.8m
2025 · €1.5m+€292,280
Largest movements
Assets
- Current investments +€400,000
up €400,000 (+200%), from €200,000 to €600,000
- Cash -€91,646
down €91,646 (-29.7%), from €308,879 to €217,232
mainly Current investments (-€400,000) and Contributions, distributions and other (-€112,524)
- Stocks and contracts -€22,200
down €22,200 (-11.0%), from €201,175 to €178,975
Equity and liabilities
- Reserves +€156,941
up €156,941 (+16.3%), from €960,391 to €1.1m
- Other debts +€93,720
up €93,720 (+83.5%), from €112,286 to €206,006
- Trade debts +€38,665
up €38,665 (+29.4%), from €131,601 to €170,265
- Tax, wage and social debts +€22,099
up €22,099 (+35.3%), from €62,540 to €84,640
of which Taxes: +€22,111
Income statement
- Gross operating margin +€136,395
up €136,395 (+42.6%), from €320,506 to €456,902
- Taxes +€48,031
up €48,031 (+63.5%), from €75,674 to €123,705
- Write-downs -€16,335
down €16,335 (-86.5%), from €18,889 to €2,554
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€161,555
Gross operating margin
+€136,395
Depreciation
+€1,362
Write-downs
+€16,335
Other operating charges
-€1,483
Financial income
+€1,526
Financial charges
+€1,804
Taxes
-€48,031
Result 2026
€269,465
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€492,565
Investment
-€452,949
Financing
-€131,263
Cash 2025
€308,879
From operations (derived)
+€492,565
Net result for the year
+€269,465
Depreciation
+€57,003
Stocks and contracts
+€22,200
Receivables within one year
-€7,473
Deferred charges and accrued income
-€2,707
Trade debts
+€38,665
Tax, wage and social debts
+€22,099
Other debts
+€93,720
Accrued charges and deferred income
-€406
Investment (derived)
-€452,949
Investment in fixed assets (net)
-€52,949
Current investments
-€400,000
Financing
-€131,263
Debts after one year
-€17,093
Current portion of long-term debt
-€1,646
Contributions, distributions and other
-€112,524
Cash 2026
€217,232
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,519,603 | €1,811,883 | +€292,280 | +19.2% |
| Fixed assets | 21/28 | €451,138 | €447,084 | -€4,054 | -0.9% |
| Intangible fixed assets | 21 | €289 | €0 | -€289 | -100% |
| Tangible fixed assets | 22/27 | €450,849 | €447,084 | -€3,765 | -0.8% |
| Land and buildings | 22 | €437,387 | €410,129 | -€27,258 | -6.2% |
| Plant, machinery and equipment | 23 | €5,934 | €3,978 | -€1,956 | -33.0% |
| Furniture and vehicles | 24 | €5,596 | €32,977 | +€27,381 | +489% |
| Leasing and similar rights | 25 | €1,932 | €0 | -€1,932 | -100% |
| Current assets | 29/58 | €1,068,465 | €1,364,799 | +€296,334 | +27.7% |
| Stocks and contracts in progress | 3 | €201,175 | €178,975 | -€22,200 | -11.0% |
| Stocks | 30/36 | €201,175 | €178,975 | -€22,200 | -11.0% |
| Amounts receivable within one year | 40/41 | €346,885 | €354,358 | +€7,473 | +2.2% |
| Trade receivables | 40 | €307,787 | €352,481 | +€44,694 | +14.5% |
| Other amounts receivable | 41 | €39,099 | €1,878 | -€37,221 | -95.2% |
| Current investments | 50/53 | €200,000 | €600,000 | +€400,000 | +200% |
| Cash at bank and in hand | 54/58 | €308,879 | €217,232 | -€91,646 | -29.7% |
| Deferred charges and accrued income | 490/1 | €11,526 | €14,233 | +€2,707 | +23.5% |
| Total equity and liabilities | 10/49 | €1,519,603 | €1,811,883 | +€292,280 | +19.2% |
| Equity | 10/15 | €979,391 | €1,136,332 | +€156,941 | +16.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €960,391 | €1,117,332 | +€156,941 | +16.3% |
| Distributable reserves | 133 | €960,391 | €1,117,332 | +€156,941 | +16.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €540,212 | €675,551 | +€135,339 | +25.1% |
| Amounts payable after more than one year | 17 | €207,340 | €190,247 | -€17,093 | -8.2% |
| Financial debts | 170/4 | €207,340 | €190,247 | -€17,093 | -8.2% |
| Amounts payable within one year | 42/48 | €325,167 | €478,005 | +€152,838 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €18,739 | €17,093 | -€1,646 | -8.8% |
| Trade debts | 44 | €131,601 | €170,265 | +€38,665 | +29.4% |
| Suppliers | 440/4 | €131,601 | €170,265 | +€38,665 | +29.4% |
| Taxes, remuneration and social security | 45 | €62,540 | €84,640 | +€22,099 | +35.3% |
| Taxes | 450/3 | €62,529 | €84,640 | +€22,111 | +35.4% |
| Remuneration and social security | 454/9 | €12 | €0 | -€12 | -100% |
| Other amounts payable | 47/48 | €112,286 | €206,006 | +€93,720 | +83.5% |
| Accrued charges and deferred income | 492/3 | €7,705 | €7,299 | -€406 | -5.3% |
| Non-recurring operating income | 76A | €0 | €12,247 | +€12,247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,365 | €57,003 | -€1,362 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,889 | €2,554 | -€16,335 | -86.5% |
| Other operating charges | 640/8 | €5,283 | €6,766 | +€1,483 | +28.1% |
| Gross operating margin | 9900 | €320,506 | €456,902 | +€136,395 | +42.6% |
| Operating profit (loss) | 9901 | €237,969 | €390,580 | +€152,610 | +64.1% |
| Financial income | 75/76B | €12,780 | €14,306 | +€1,526 | +11.9% |
| Recurring financial income | 75 | €12,780 | €14,306 | +€1,526 | +11.9% |
| Financial charges | 65/66B | €13,521 | €11,717 | -€1,804 | -13.3% |
| Recurring financial charges | 65 | €13,521 | €11,717 | -€1,804 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €237,229 | €393,169 | +€155,941 | +65.7% |
| Income taxes | 67/77 | €75,674 | €123,705 | +€48,031 | +63.5% |
| Profit (loss) for the period | 9904 | €161,555 | €269,465 | +€107,910 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €161,555 | €269,465 | +€107,910 | +66.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.