FILS DE PAUL: 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.
FILS DE PAUL
Largest movements
- Financial fixed assets -€9,000
down €9,000 (-98.5%), from €9,135 to €135
- Tangible fixed assets +€5,654
up €5,654 (+45.3%), from €12,479 to €18,133
of which Furniture and vehicles: +€9,212
- Cash -€3,795
down €3,795 (-74.1%), from €5,120 to €1,325
mainly Net result for the year (-€13,278) and Investment in fixed assets (net) (-€2,000)
- Profit (loss) carried forward -€13,278
down €13,278 (-846%), from -€1,570 to -€14,849
- Other debts +€3,555
up €3,555 (+22.2%), from €16,005 to €19,560
- Tax, wage and social debts +€2,901
up €2,901 (+503%), from €577 to €3,478
of which Remuneration and social security: +€1,959
- Trade debts -€319
down €319 (-3.7%), from €8,722 to €8,403
- Staff costs +€14,247
new in 2025: €14,247
- Gross operating margin +€9,851
up €9,851 (+1,043%), from €944 to €10,795
- Depreciation +€4,499
up €4,499 (+531%), from €847 to €5,346
- Other operating charges +€1,541
up €1,541 (+560%), from €275 to €1,816
- Financial charges +€1,438
up €1,438 (+116%), from €1,245 to €2,683
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 | €26,734 | €19,592 | -€7,141 | -26.7% |
| Fixed assets | 21/28 | €21,614 | €18,268 | -€3,346 | -15.5% |
| Tangible fixed assets | 22/27 | €12,479 | €18,133 | +€5,654 | +45.3% |
| Furniture and vehicles | 24 | - | €9,212 | +€9,212 | |
| Leasing and similar rights | 25 | €12,479 | €8,921 | -€3,558 | -28.5% |
| Financial fixed assets | 28 | €9,135 | €135 | -€9,000 | -98.5% |
| Current assets | 29/58 | €5,120 | €1,325 | -€3,795 | -74.1% |
| Cash at bank and in hand | 54/58 | €5,120 | €1,325 | -€3,795 | -74.1% |
| Total equity and liabilities | 10/49 | €26,734 | €19,592 | -€7,141 | -26.7% |
| Equity | 10/15 | €1,430 | -€11,849 | -€13,278 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,570 | -€14,849 | -€13,278 | -846% |
| Amounts payable | 17/49 | €25,304 | €31,441 | +€6,137 | +24.3% |
| Amounts payable within one year | 42/48 | €25,304 | €31,441 | +€6,137 | +24.3% |
| Trade debts | 44 | €8,722 | €8,403 | -€319 | -3.7% |
| Suppliers | 440/4 | €8,722 | €8,403 | -€319 | -3.7% |
| Taxes, remuneration and social security | 45 | €577 | €3,478 | +€2,901 | +503% |
| Taxes | 450/3 | €577 | €1,519 | +€942 | +163% |
| Remuneration and social security | 454/9 | - | €1,959 | +€1,959 | |
| Other amounts payable | 47/48 | €16,005 | €19,560 | +€3,555 | +22.2% |
| Remuneration, social security and pensions | 62 | - | €14,247 | +€14,247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €847 | €5,346 | +€4,499 | +531% |
| Other operating charges | 640/8 | €275 | €1,816 | +€1,541 | +560% |
| Gross operating margin | 9900 | €944 | €10,795 | +€9,851 | +1,043% |
| Operating profit (loss) | 9901 | -€178 | -€10,613 | -€10,435 | -5,864% |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €1,245 | €2,683 | +€1,438 | +116% |
| Recurring financial charges | 65 | €1,245 | €2,683 | +€1,438 | +116% |
| Profit (loss) for the period before taxes | 9903 | -€1,423 | -€13,146 | -€11,723 | -824% |
| Income taxes | 67/77 | €147 | €132 | -€15 | -10.3% |
| Profit (loss) for the period | 9904 | -€1,570 | -€13,278 | -€11,708 | -746% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,570 | -€13,278 | -€11,708 | -746% |
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 25 October 2026 via checked.be.