FG 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.
FG PAINT
Largest movements
- Tangible fixed assets -€4,688
down €4,688 (-21.8%), from €21,465 to €16,777
of which Furniture and vehicles: -€2,921
- Cash +€3,470
up €3,470 (+14.1%), from €24,636 to €28,105
mainly Net result for the year (+€13,276) and Depreciation (+€7,738)
- Receivables within one year -€500
no longer reported in 2025 (was €500)
of which Trade receivables: -€426
- Other debts -€21,411
down €21,411 (-59.8%), from €35,819 to €14,408
- Profit (loss) carried forward +€13,276
up €13,276 (+196%), from €6,770 to €20,046
- Tax, wage and social debts +€5,890
new in 2025: €5,890
- Gross operating margin +€21,912
up €21,912 (+1,380%), from €1,588 to €23,500
- Taxes +€1,663
new in 2025: €1,663
- Depreciation +€247
up €247 (+3.3%), from €7,491 to €7,738
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 | €48,044 | €46,011 | -€2,033 | -4.2% |
| Fixed assets | 21/28 | €21,465 | €16,777 | -€4,688 | -21.8% |
| Tangible fixed assets | 22/27 | €21,465 | €16,777 | -€4,688 | -21.8% |
| Furniture and vehicles | 24 | €14,020 | €11,099 | -€2,921 | -20.8% |
| Leasing and similar rights | 25 | €7,446 | €5,678 | -€1,768 | -23.7% |
| Current assets | 29/58 | €26,579 | €29,234 | +€2,655 | +10.0% |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Trade receivables | 40 | €426 | - | -€426 | |
| Other amounts receivable | 41 | €74 | - | -€74 | |
| Cash at bank and in hand | 54/58 | €24,636 | €28,105 | +€3,470 | +14.1% |
| Deferred charges and accrued income | 490/1 | €1,443 | €1,128 | -€314 | -21.8% |
| Total equity and liabilities | 10/49 | €48,044 | €46,011 | -€2,033 | -4.2% |
| Equity | 10/15 | €11,770 | €25,046 | +€13,276 | +113% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,770 | €20,046 | +€13,276 | +196% |
| Amounts payable | 17/49 | €36,274 | €20,965 | -€15,310 | -42.2% |
| Amounts payable within one year | 42/48 | €36,274 | €20,965 | -€15,310 | -42.2% |
| Trade debts | 44 | €455 | €666 | +€212 | +46.5% |
| Suppliers | 440/4 | €455 | €666 | +€212 | +46.5% |
| Taxes, remuneration and social security | 45 | - | €5,890 | +€5,890 | |
| Taxes | 450/3 | - | €5,890 | +€5,890 | |
| Other amounts payable | 47/48 | €35,819 | €14,408 | -€21,411 | -59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,491 | €7,738 | +€247 | +3.3% |
| Other operating charges | 640/8 | €679 | €663 | -€16 | -2.3% |
| Gross operating margin | 9900 | €1,588 | €23,500 | +€21,912 | +1,380% |
| Operating profit (loss) | 9901 | -€6,582 | €15,098 | +€21,680 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €159 | €160 | +€1 | +0.6% |
| Recurring financial charges | 65 | €159 | €160 | +€1 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,741 | €14,939 | +€21,680 | |
| Income taxes | 67/77 | - | €1,663 | +€1,663 | |
| Profit (loss) for the period | 9904 | -€6,741 | €13,276 | +€20,017 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,741 | €13,276 | +€20,017 |
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 22 October 2026 via checked.be.