LADY PAULETTE: what changed
LADY PAULETTE
Largest movements
- Tangible fixed assets +€56,878
up €56,878 (+196%), from €29,085 to €85,964
of which Furniture and vehicles: +€37,823
- Receivables within one year -€27,467
down €27,467 (-75.1%), from €36,597 to €9,129
of which Trade receivables: -€30,796
- Cash +€11,385
up €11,385 (+11.8%), from €96,275 to €107,660
mainly Net result for the year (+€46,110) and Receivables within one year (+€27,467)
- Deferred charges and accrued income -€2,582
down €2,582 (-93.6%), from €2,758 to €176
- Reserves +€44,444
up €44,444 (+49.1%), from €90,515 to €134,959
- Tax, wage and social debts -€25,616
down €25,616 (-76.4%), from €33,516 to €7,900
- Other debts +€11,580
up €11,580 (+35.0%), from €33,124 to €44,705
- Trade debts +€7,405
up €7,405 (+250%), from €2,967 to €10,373
- Gross operating margin -€23,958
down €23,958 (-23.5%), from €101,904 to €77,945
- Depreciation +€6,536
up €6,536 (+101%), from €6,476 to €13,012
- Taxes -€6,003
down €6,003 (-29.0%), from €20,696 to €14,693
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €164,715 | €202,929 | +€38,214 | +23.2% |
| Fixed assets | 21/28 | €29,085 | €85,964 | +€56,878 | +196% |
| Tangible fixed assets | 22/27 | €29,085 | €85,964 | +€56,878 | +196% |
| Plant, machinery and equipment | 23 | - | €5,383 | +€5,383 | |
| Furniture and vehicles | 24 | €17,549 | €55,372 | +€37,823 | +216% |
| Other tangible fixed assets | 26 | €11,536 | €25,208 | +€13,672 | +119% |
| Current assets | 29/58 | €135,630 | €116,965 | -€18,664 | -13.8% |
| Amounts receivable within one year | 40/41 | €36,597 | €9,129 | -€27,467 | -75.1% |
| Trade receivables | 40 | €36,597 | €5,800 | -€30,796 | -84.2% |
| Other amounts receivable | 41 | - | €3,329 | +€3,329 | |
| Cash at bank and in hand | 54/58 | €96,275 | €107,660 | +€11,385 | +11.8% |
| Deferred charges and accrued income | 490/1 | €2,758 | €176 | -€2,582 | -93.6% |
| Total equity and liabilities | 10/49 | €164,715 | €202,929 | +€38,214 | +23.2% |
| Equity | 10/15 | €93,515 | €137,959 | +€44,444 | +47.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €90,515 | €134,959 | +€44,444 | +49.1% |
| Distributable reserves | 133 | €90,515 | €134,959 | +€44,444 | +49.1% |
| Amounts payable | 17/49 | €71,200 | €64,970 | -€6,230 | -8.7% |
| Amounts payable within one year | 42/48 | €69,607 | €63,492 | -€6,115 | -8.8% |
| Financial debts | 43 | - | €515 | +€515 | |
| Credit institutions | 430/8 | - | €515 | +€515 | |
| Trade debts | 44 | €2,967 | €10,373 | +€7,405 | +250% |
| Suppliers | 440/4 | €2,967 | €10,373 | +€7,405 | +250% |
| Taxes, remuneration and social security | 45 | €33,516 | €7,900 | -€25,616 | -76.4% |
| Taxes | 450/3 | €33,516 | €7,900 | -€25,616 | -76.4% |
| Other amounts payable | 47/48 | €33,124 | €44,705 | +€11,580 | +35.0% |
| Accrued charges and deferred income | 492/3 | €1,593 | €1,478 | -€115 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,476 | €13,012 | +€6,536 | +101% |
| Other operating charges | 640/8 | €1,182 | €1,026 | -€156 | -13.2% |
| Gross operating margin | 9900 | €101,904 | €77,945 | -€23,958 | -23.5% |
| Operating profit (loss) | 9901 | €94,247 | €63,908 | -€30,339 | -32.2% |
| Financial income | 75/76B | €0 | €22 | +€21 | +6,470% |
| Recurring financial income | 75 | €0 | €22 | +€21 | +6,470% |
| Financial charges | 65/66B | €2,339 | €3,127 | +€788 | +33.7% |
| Recurring financial charges | 65 | €2,339 | €3,127 | +€788 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €91,908 | €60,803 | -€31,105 | -33.8% |
| Income taxes | 67/77 | €20,696 | €14,693 | -€6,003 | -29.0% |
| Profit (loss) for the period | 9904 | €71,212 | €46,110 | -€25,102 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,212 | €46,110 | -€25,102 | -35.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.