LE PADDOCK: what changed
Two fiscal 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.
LE PADDOCK
Largest movements
- Receivables within one year -€12,832
down €12,832 (-28.4%), from €45,168 to €32,336
of which Trade receivables: -€34,756
- Other debts -€22,840
no longer reported in 2024 (was €22,840)
- Profit (loss) carried forward +€14,988
up €14,988 (+1004.3%), from €1,492 to €16,481
- Trade debts -€11,708
down €11,708 (-95.7%), from €12,232 to €524
- Contributions +€10,000
new in 2024: €10,000
- Advances received -€2,000
no longer reported in 2024 (was €2,000)
- Gross operating margin +€12,570
up €12,570 (+682.9%), from €1,841 to €14,411
- Financial income +€1,126
up €1,126 (+11258500.0%), from €0 to €1,126
- Other operating charges +€229
new in 2024: €229
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,565 | €32,749 | -€12,816 | -28.1% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €45,515 | €32,699 | -€12,816 | -28.2% |
| Amounts receivable within one year | 40/41 | €45,168 | €32,336 | -€12,832 | -28.4% |
| Trade receivables | 40 | €45,168 | €10,412 | -€34,756 | -76.9% |
| Other amounts receivable | 41 | - | €21,924 | +€21,924 | |
| Cash at bank and in hand | 54/58 | €348 | €363 | +€16 | +4.5% |
| Total equity and liabilities | 10/49 | €45,565 | €32,749 | -€12,816 | -28.1% |
| Equity | 10/15 | €1,492 | €26,481 | +€24,988 | +1674.3% |
| Contributions | 10/11 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €1,492 | €16,481 | +€14,988 | +1004.3% |
| Amounts payable | 17/49 | €44,073 | €6,269 | -€37,804 | -85.8% |
| Amounts payable within one year | 42/48 | €44,073 | €6,269 | -€37,804 | -85.8% |
| Trade debts | 44 | €12,232 | €524 | -€11,708 | -95.7% |
| Suppliers | 440/4 | €12,232 | €524 | -€11,708 | -95.7% |
| Advances received on contracts in progress | 46 | €2,000 | - | -€2,000 | |
| Taxes, remuneration and social security | 45 | €7,001 | €5,744 | -€1,257 | -17.9% |
| Taxes | 450/3 | €7,001 | €5,744 | -€1,257 | -17.9% |
| Other amounts payable | 47/48 | €22,840 | - | -€22,840 | |
| Other operating charges | 640/8 | - | €229 | +€229 | |
| Gross operating margin | 9900 | €1,841 | €14,411 | +€12,570 | +682.9% |
| Operating profit (loss) | 9901 | €1,841 | €14,182 | +€12,341 | +670.4% |
| Financial income | 75/76B | €0 | €1,126 | +€1,126 | +11258500.0% |
| Recurring financial income | 75 | €0 | €1,126 | +€1,126 | +11258500.0% |
| Financial charges | 65/66B | €348 | €320 | -€29 | -8.3% |
| Recurring financial charges | 65 | €348 | €320 | -€29 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €1,492 | €14,988 | +€13,496 | +904.3% |
| Profit (loss) for the period | 9904 | €1,492 | €14,988 | +€13,496 | +904.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,492 | €14,988 | +€13,496 | +904.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.