E&E PAINTERS: what changed
Two fiscal 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.
E&E PAINTERS
Largest movements
- Cash +€32,472
up €32,472 (+39.0%), from €83,227 to €115,698
mainly Receivables within one year (+€24,851) and Other debts (+€22,590)
- Receivables within one year -€24,851
down €24,851 (-70.8%), from €35,096 to €10,246
of which Trade receivables: -€19,879
- Tangible fixed assets +€24,272
up €24,272 (+132.3%), from €18,340 to €42,612
of which Leasing and similar rights: +€28,331
- Other debts +€22,590
up €22,590 (+432.0%), from €5,229 to €27,820
- Reserves -€22,329
down €22,329 (-20.6%), from €108,623 to €86,294
of which Distributable reserves: -€22,329
- Debts after one year +€22,206
up €22,206, from €0 to €22,206
- Trade debts +€5,373
up €5,373 (+77.1%), from €6,972 to €12,346
- Tax, wage and social debts +€3,359
up €3,359 (+73.7%), from €4,556 to €7,915
of which Taxes: +€2,170
- Staff costs +€42,878
new in 2025: €42,878
- Gross operating margin +€30,525
up €30,525 (+101.6%), from €30,033 to €60,558
- Taxes -€3,187
down €3,187 (-72.6%), from €4,389 to €1,201
- Financial charges -€3,113
down €3,113 (-77.6%), from €4,013 to €900
- Other operating charges +€2,257
up €2,257 (+93.0%), from €2,427 to €4,684
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.
Cash bridge derived
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 | €139,988 | €172,676 | +€32,689 | +23.4% |
| Fixed assets | 21/28 | €20,590 | €44,922 | +€24,332 | +118.2% |
| Tangible fixed assets | 22/27 | €18,340 | €42,612 | +€24,272 | +132.3% |
| Plant, machinery and equipment | 23 | €14,280 | €10,568 | -€3,712 | -26.0% |
| Furniture and vehicles | 24 | €1,078 | €732 | -€346 | -32.1% |
| Leasing and similar rights | 25 | €2,982 | €31,313 | +€28,331 | +950.1% |
| Financial fixed assets | 28 | €2,250 | €2,310 | +€60 | +2.7% |
| Current assets | 29/58 | €119,398 | €127,754 | +€8,356 | +7.0% |
| Amounts receivable within one year | 40/41 | €35,096 | €10,246 | -€24,851 | -70.8% |
| Trade receivables | 40 | €24,849 | €4,970 | -€19,879 | -80.0% |
| Other amounts receivable | 41 | €10,247 | €5,276 | -€4,972 | -48.5% |
| Cash at bank and in hand | 54/58 | €83,227 | €115,698 | +€32,472 | +39.0% |
| Deferred charges and accrued income | 490/1 | €1,075 | €1,810 | +€735 | +68.4% |
| Total equity and liabilities | 10/49 | €139,988 | €172,676 | +€32,689 | +23.4% |
| Equity | 10/15 | €119,743 | €97,414 | -€22,329 | -18.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,623 | €86,294 | -€22,329 | -20.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €108,623 | €86,294 | -€22,329 | -20.6% |
| Profit (loss) carried forward | 14 | €4,920 | €4,920 | = | 0.0% |
| Amounts payable | 17/49 | €20,244 | €75,262 | +€55,017 | +271.8% |
| Amounts payable after more than one year | 17 | €0 | €22,206 | +€22,206 | |
| Financial debts | 170/4 | €0 | €22,206 | +€22,206 | |
| Amounts payable within one year | 42/48 | €20,244 | €53,056 | +€32,812 | +162.1% |
| Current portion of amounts payable after more than one year | 42 | €3,487 | €4,976 | +€1,489 | +42.7% |
| Trade debts | 44 | €6,972 | €12,346 | +€5,373 | +77.1% |
| Suppliers | 440/4 | €6,972 | €12,346 | +€5,373 | +77.1% |
| Taxes, remuneration and social security | 45 | €4,556 | €7,915 | +€3,359 | +73.7% |
| Taxes | 450/3 | €4,556 | €6,726 | +€2,170 | +47.6% |
| Remuneration and social security | 454/9 | - | €1,189 | +€1,189 | |
| Other amounts payable | 47/48 | €5,229 | €27,820 | +€22,590 | +432.0% |
| Remuneration, social security and pensions | 62 | - | €42,878 | +€42,878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,494 | €8,913 | +€418 | +4.9% |
| Other operating charges | 640/8 | €2,427 | €4,684 | +€2,257 | +93.0% |
| Non-recurring operating charges | 66A | €546 | €0 | -€546 | -100.0% |
| Gross operating margin | 9900 | €30,033 | €60,558 | +€30,525 | +101.6% |
| Operating profit (loss) | 9901 | €18,565 | €4,083 | -€14,482 | -78.0% |
| Financial income | 75/76B | €838 | €690 | -€148 | -17.7% |
| Recurring financial income | 75 | €838 | €690 | -€148 | -17.7% |
| Financial charges | 65/66B | €4,013 | €900 | -€3,113 | -77.6% |
| Recurring financial charges | 65 | €4,013 | €900 | -€3,113 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | €15,390 | €3,873 | -€11,517 | -74.8% |
| Income taxes | 67/77 | €4,389 | €1,201 | -€3,187 | -72.6% |
| Profit (loss) for the period | 9904 | €11,001 | €2,671 | -€8,330 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,001 | €2,671 | -€8,330 | -75.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.