D & S PAINT: 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.
D & S PAINT
Largest movements
- Cash -€50,893
down €50,893 (-93.4%), from €54,504 to €3,610
mainly Net result for the year (-€43,784) and Investment in fixed assets (net) (-€12,533)
- Tangible fixed assets +€8,581
up €8,581 (+211%), from €4,061 to €12,642
of which Furniture and vehicles: +€8,264
- Deferred charges and accrued income -€3,371
down €3,371 (-85.1%), from €3,961 to €590
- Receivables within one year +€2,578
up €2,578 (+1.7%), from €150,100 to €152,677
of which Other amounts receivable: +€10,700
- Profit (loss) carried forward -€43,784
down €43,784 (-37.0%), from €118,247 to €74,463
- Current portion of long-term debt +€7,332
up €7,332 (+48.4%), from €15,142 to €22,474
- Tax, wage and social debts -€5,677
down €5,677 (-42.1%), from €13,481 to €7,804
of which Remuneration and social security: -€5,736
- Turnover -€126,130
down €126,130 (-30.8%), from €409,338 to €283,208
- Gross operating margin -€101,094
down €101,094 (-97.3%), from €103,923 to €2,829
- Purchases and services -€23,862
down €23,862 (-7.8%), from €305,415 to €281,553
- Staff costs -€10,431
down €10,431 (-21.7%), from €47,972 to €37,541
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 | €212,626 | €169,519 | -€43,107 | -20.3% |
| Fixed assets | 21/28 | €4,061 | €12,642 | +€8,581 | +211% |
| Tangible fixed assets | 22/27 | €4,061 | €12,642 | +€8,581 | +211% |
| Plant, machinery and equipment | 23 | €827 | €1,143 | +€316 | +38.3% |
| Furniture and vehicles | 24 | €3,235 | €11,499 | +€8,264 | +255% |
| Current assets | 29/58 | €208,564 | €156,877 | -€51,687 | -24.8% |
| Amounts receivable within one year | 40/41 | €150,100 | €152,677 | +€2,578 | +1.7% |
| Trade receivables | 40 | €83,679 | €75,557 | -€8,122 | -9.7% |
| Other amounts receivable | 41 | €66,420 | €77,120 | +€10,700 | +16.1% |
| Cash at bank and in hand | 54/58 | €54,504 | €3,610 | -€50,893 | -93.4% |
| Deferred charges and accrued income | 490/1 | €3,961 | €590 | -€3,371 | -85.1% |
| Total equity and liabilities | 10/49 | €212,626 | €169,519 | -€43,107 | -20.3% |
| Equity | 10/15 | €140,247 | €96,463 | -€43,784 | -31.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,247 | €74,463 | -€43,784 | -37.0% |
| Amounts payable | 17/49 | €72,379 | €73,056 | +€678 | +0.9% |
| Amounts payable within one year | 42/48 | €72,379 | €73,056 | +€678 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €15,142 | €22,474 | +€7,332 | +48.4% |
| Trade debts | 44 | €43,756 | €42,778 | -€978 | -2.2% |
| Suppliers | 440/4 | €43,756 | €42,778 | -€978 | -2.2% |
| Taxes, remuneration and social security | 45 | €13,481 | €7,804 | -€5,677 | -42.1% |
| Taxes | 450/3 | - | €60 | +€60 | |
| Remuneration and social security | 454/9 | €13,481 | €7,744 | -€5,736 | -42.6% |
| Turnover | 70 | €409,338 | €283,208 | -€126,130 | -30.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €305,415 | €281,553 | -€23,862 | -7.8% |
| Remuneration, social security and pensions | 62 | €47,972 | €37,541 | -€10,431 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,934 | €3,953 | +€2,019 | +104% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,049 | €139 | -€909 | -86.7% |
| Other operating charges | 640/8 | €1,003 | €2,904 | +€1,901 | +190% |
| Gross operating margin | 9900 | €103,923 | €2,829 | -€101,094 | -97.3% |
| Operating profit (loss) | 9901 | €51,965 | -€41,708 | -€93,673 | |
| Financial charges | 65/66B | €788 | €2,076 | +€1,288 | +163% |
| Recurring financial charges | 65 | €788 | €2,076 | +€1,288 | +163% |
| Profit (loss) for the period before taxes | 9903 | €51,177 | -€43,784 | -€94,961 | |
| Income taxes | 67/77 | €3,548 | - | -€3,548 | |
| Profit (loss) for the period | 9904 | €47,629 | -€43,784 | -€91,413 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,629 | -€43,784 | -€91,413 |
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.