IMMO - PAULISE: 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.
IMMO - PAULISE
Largest movements
- Deferred charges and accrued income +€5,432
up €5,432 (+335%), from €1,621 to €7,053
- Receivables within one year -€2,664
down €2,664 (-4.5%), from €58,773 to €56,108
of which Trade receivables: -€6,709
- Cash +€1,011
up €1,011 (+6.0%), from €16,911 to €17,922
mainly Net result for the year (+€3,997) and Receivables within one year (+€2,664)
- Reserves +€3,997
up €3,997 (+7.7%), from €52,005 to €56,002
- Tax, wage and social debts +€1,859
up €1,859 (+32.1%), from €5,798 to €7,656
- Other debts -€1,666
down €1,666 (-100%), from €1,666 to €0
- Depreciation -€2,324
down €2,324 (-64.7%), from €3,589 to €1,265
- Gross operating margin -€2,220
down €2,220 (-18.6%), from €11,960 to €9,741
- Financial charges +€1,074
up €1,074 (+279%), from €385 to €1,459
- Taxes -€674
down €674 (-18.8%), from €3,581 to €2,907
- Other operating charges +€160
up €160 (+7.0%), from €2,281 to €2,442
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 | €95,216 | €98,853 | +€3,637 | +3.8% |
| Fixed assets | 21/28 | €17,910 | €17,769 | -€141 | -0.8% |
| Tangible fixed assets | 22/27 | €17,910 | €17,769 | -€141 | -0.8% |
| Land and buildings | 22 | €17,842 | €17,271 | -€572 | -3.2% |
| Furniture and vehicles | 24 | €68 | €498 | +€430 | +632% |
| Current assets | 29/58 | €77,305 | €81,084 | +€3,779 | +4.9% |
| Amounts receivable within one year | 40/41 | €58,773 | €56,108 | -€2,664 | -4.5% |
| Trade receivables | 40 | €14,634 | €7,924 | -€6,709 | -45.8% |
| Other amounts receivable | 41 | €44,139 | €48,184 | +€4,045 | +9.2% |
| Cash at bank and in hand | 54/58 | €16,911 | €17,922 | +€1,011 | +6.0% |
| Deferred charges and accrued income | 490/1 | €1,621 | €7,053 | +€5,432 | +335% |
| Total equity and liabilities | 10/49 | €95,216 | €98,853 | +€3,637 | +3.8% |
| Equity | 10/15 | €83,005 | €87,002 | +€3,997 | +4.8% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €52,005 | €56,002 | +€3,997 | +7.7% |
| Distributable reserves | 133 | €52,005 | €56,002 | +€3,997 | +7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,211 | €11,851 | -€360 | -2.9% |
| Amounts payable within one year | 42/48 | €12,211 | €11,851 | -€360 | -2.9% |
| Financial debts | 43 | €609 | €408 | -€200 | -32.9% |
| Credit institutions | 430/8 | €609 | €408 | -€200 | -32.9% |
| Trade debts | 44 | €859 | €383 | -€477 | -55.5% |
| Suppliers | 440/4 | €859 | €383 | -€477 | -55.5% |
| Advances received on contracts in progress | 46 | €3,280 | €3,404 | +€124 | +3.8% |
| Taxes, remuneration and social security | 45 | €5,798 | €7,656 | +€1,859 | +32.1% |
| Taxes | 450/3 | €5,798 | €7,656 | +€1,859 | +32.1% |
| Other amounts payable | 47/48 | €1,666 | €0 | -€1,666 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,589 | €1,265 | -€2,324 | -64.7% |
| Other operating charges | 640/8 | €2,281 | €2,442 | +€160 | +7.0% |
| Gross operating margin | 9900 | €11,960 | €9,741 | -€2,220 | -18.6% |
| Operating profit (loss) | 9901 | €6,090 | €6,034 | -€57 | -0.9% |
| Financial income | 75/76B | €2,344 | €2,330 | -€14 | -0.6% |
| Recurring financial income | 75 | €2,344 | €2,330 | -€14 | -0.6% |
| Financial charges | 65/66B | €385 | €1,459 | +€1,074 | +279% |
| Recurring financial charges | 65 | €385 | €1,459 | +€1,074 | +279% |
| Profit (loss) for the period before taxes | 9903 | €8,050 | €6,905 | -€1,145 | -14.2% |
| Income taxes | 67/77 | €3,581 | €2,907 | -€674 | -18.8% |
| Profit (loss) for the period | 9904 | €4,469 | €3,997 | -€472 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,469 | €3,997 | -€472 | -10.6% |
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 21 October 2026 via checked.be.