KNOW HOW PAINT'S: 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.
KNOW HOW PAINT'S
Largest movements
- Cash -€7,820
down €7,820 (-38.9%), from €20,123 to €12,303
mainly Trade debts (-€9,233) and Investment in fixed assets (net) (-€4,201)
- Receivables within one year -€6,115
down €6,115 (-68.5%), from €8,926 to €2,811
of which Trade receivables: -€5,117
- Stocks and contracts +€1,288
up €1,288 (+181%), from €710 to €1,998
- Tangible fixed assets +€662
up €662 (+18.9%), from €3,495 to €4,157
of which Furniture and vehicles: +€912
- Trade debts -€9,233
no longer reported in 2025 (was €9,233)
- Tax, wage and social debts -€3,578
down €3,578 (-97.3%), from €3,678 to €100
- Profit (loss) carried forward +€1,133
up €1,133 (+5.9%), from €19,202 to €20,335
- Gross operating margin -€5,761
down €5,761 (-44.9%), from €12,831 to €7,070
- Taxes -€1,039
down €1,039 (-57.2%), from €1,816 to €777
- Other operating charges +€893
up €893 (+173%), from €517 to €1,410
- Depreciation -€538
down €538 (-13.2%), from €4,077 to €3,539
- Financial charges -€152
down €152 (-64.7%), from €235 to €83
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 | €34,749 | €23,022 | -€11,727 | -33.7% |
| Fixed assets | 21/28 | €4,695 | €5,357 | +€662 | +14.1% |
| Tangible fixed assets | 22/27 | €3,495 | €4,157 | +€662 | +18.9% |
| Plant, machinery and equipment | 23 | €856 | €606 | -€250 | -29.2% |
| Furniture and vehicles | 24 | €2,639 | €3,551 | +€912 | +34.6% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €30,054 | €17,665 | -€12,389 | -41.2% |
| Stocks and contracts in progress | 3 | €710 | €1,998 | +€1,288 | +181% |
| Stocks | 30/36 | €710 | €1,998 | +€1,288 | +181% |
| Amounts receivable within one year | 40/41 | €8,926 | €2,811 | -€6,115 | -68.5% |
| Trade receivables | 40 | €5,297 | €180 | -€5,117 | -96.6% |
| Other amounts receivable | 41 | €3,629 | €2,631 | -€998 | -27.5% |
| Cash at bank and in hand | 54/58 | €20,123 | €12,303 | -€7,820 | -38.9% |
| Deferred charges and accrued income | 490/1 | €295 | €553 | +€258 | +87.5% |
| Total equity and liabilities | 10/49 | €34,749 | €23,022 | -€11,727 | -33.7% |
| Equity | 10/15 | €21,702 | €22,835 | +€1,133 | +5.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,202 | €20,335 | +€1,133 | +5.9% |
| Amounts payable | 17/49 | €13,047 | €187 | -€12,860 | -98.6% |
| Amounts payable within one year | 42/48 | €13,047 | €187 | -€12,860 | -98.6% |
| Trade debts | 44 | €9,233 | - | -€9,233 | |
| Suppliers | 440/4 | €9,233 | - | -€9,233 | |
| Taxes, remuneration and social security | 45 | €3,678 | €100 | -€3,578 | -97.3% |
| Taxes | 450/3 | €3,678 | €100 | -€3,578 | -97.3% |
| Other amounts payable | 47/48 | €136 | €87 | -€49 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,077 | €3,539 | -€538 | -13.2% |
| Other operating charges | 640/8 | €517 | €1,410 | +€893 | +173% |
| Non-recurring operating charges | 66A | - | €128 | +€128 | |
| Gross operating margin | 9900 | €12,831 | €7,070 | -€5,761 | -44.9% |
| Operating profit (loss) | 9901 | €8,237 | €1,993 | -€6,244 | -75.8% |
| Financial charges | 65/66B | €235 | €83 | -€152 | -64.7% |
| Recurring financial charges | 65 | €235 | €83 | -€152 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €8,002 | €1,910 | -€6,092 | -76.1% |
| Income taxes | 67/77 | €1,816 | €777 | -€1,039 | -57.2% |
| Profit (loss) for the period | 9904 | €6,186 | €1,133 | -€5,053 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,186 | €1,133 | -€5,053 | -81.7% |
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 20 October 2026 via checked.be.