L'e-Paddock: 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.
L'e-Paddock
Largest movements
- Tangible fixed assets -€13,766
down €13,766 (-7.6%), from €182,285 to €168,519
of which Furniture and vehicles: -€7,372
- Debts after one year -€18,922
down €18,922 (-13.4%), from €141,541 to €122,619
- Other debts +€9,500
up €9,500 (+17.8%), from €53,377 to €62,877
- Profit (loss) carried forward -€4,798
down €4,798 (-9.3%), from -€51,691 to -€56,489
- Staff costs -€4,313
down €4,313 (-100%), from €4,313 to €0
- Financial charges -€826
down €826 (-21.1%), from €3,917 to €3,091
- Gross operating margin -€726
down €726 (-4.6%), from €15,629 to €14,903
- Other operating charges +€201
up €201 (+5.5%), from €3,643 to €3,843
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 | €187,100 | €173,322 | -€13,778 | -7.4% |
| Fixed assets | 21/28 | €183,234 | €169,067 | -€14,166 | -7.7% |
| Intangible fixed assets | 21 | €948 | €548 | -€400 | -42.2% |
| Tangible fixed assets | 22/27 | €182,285 | €168,519 | -€13,766 | -7.6% |
| Land and buildings | 22 | €155,927 | €151,024 | -€4,904 | -3.1% |
| Plant, machinery and equipment | 23 | €423 | €243 | -€179 | -42.4% |
| Furniture and vehicles | 24 | €16,407 | €9,035 | -€7,372 | -44.9% |
| Other tangible fixed assets | 26 | €9,528 | €8,217 | -€1,311 | -13.8% |
| Current assets | 29/58 | €3,866 | €4,255 | +€389 | +10.1% |
| Stocks and contracts in progress | 3 | €1,054 | €637 | -€417 | -39.6% |
| Stocks | 30/36 | €1,054 | €637 | -€417 | -39.6% |
| Amounts receivable within one year | 40/41 | €556 | €367 | -€189 | -34.0% |
| Trade receivables | 40 | €200 | €367 | +€167 | +83.5% |
| Other amounts receivable | 41 | €356 | - | -€356 | |
| Cash at bank and in hand | 54/58 | €2,256 | €3,251 | +€995 | +44.1% |
| Total equity and liabilities | 10/49 | €187,100 | €173,322 | -€13,778 | -7.4% |
| Equity | 10/15 | -€28,891 | -€35,089 | -€6,198 | -21.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,691 | -€56,489 | -€4,798 | -9.3% |
| Investment grants | 15 | €2,800 | €1,400 | -€1,400 | -50.0% |
| Amounts payable | 17/49 | €215,991 | €208,412 | -€7,579 | -3.5% |
| Amounts payable after more than one year | 17 | €141,541 | €122,619 | -€18,922 | -13.4% |
| Financial debts | 170/4 | €141,541 | €122,619 | -€18,922 | -13.4% |
| Amounts payable within one year | 42/48 | €74,450 | €85,793 | +€11,343 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €18,637 | €18,922 | +€284 | +1.5% |
| Trade debts | 44 | €2,083 | €2,622 | +€539 | +25.9% |
| Suppliers | 440/4 | €2,083 | €2,622 | +€539 | +25.9% |
| Taxes, remuneration and social security | 45 | €353 | €1,372 | +€1,019 | +289% |
| Taxes | 450/3 | - | €1,372 | +€1,372 | |
| Remuneration and social security | 454/9 | €353 | - | -€353 | |
| Other amounts payable | 47/48 | €53,377 | €62,877 | +€9,500 | +17.8% |
| Remuneration, social security and pensions | 62 | €4,313 | €0 | -€4,313 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,165 | €14,166 | +€1 | 0.0% |
| Other operating charges | 640/8 | €3,643 | €3,843 | +€201 | +5.5% |
| Gross operating margin | 9900 | €15,629 | €14,903 | -€726 | -4.6% |
| Operating profit (loss) | 9901 | -€6,492 | -€3,107 | +€3,385 | +52.1% |
| Financial income | 75/76B | €1,400 | €1,400 | = | 0.0% |
| Recurring financial income | 75 | €1,400 | €1,400 | = | 0.0% |
| Financial charges | 65/66B | €3,917 | €3,091 | -€826 | -21.1% |
| Recurring financial charges | 65 | €3,917 | €3,091 | -€826 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,010 | -€4,798 | +€4,211 | +46.7% |
| Profit (loss) for the period | 9904 | -€9,010 | -€4,798 | +€4,211 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,010 | -€4,798 | +€4,211 | +46.7% |
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 18 October 2026 via checked.be.