NEW PAULINE: what changed
NEW PAULINE
Largest movements
- Cash -€1,262
down €1,262 (-48.4%), from €2,608 to €1,346
mainly Tax, wage and social debts (-€6,450) and Net result for the year (-€5,104)
- Stocks and contracts -€998
down €998 (-6.9%), from €14,569 to €13,571
- Other debts +€9,264
up €9,264 (+2.7%), from €346,367 to €355,631
- Tax, wage and social debts -€6,450
down €6,450 (-66.8%), from €9,660 to €3,210
- Profit (loss) carried forward -€5,104
down €5,104 (-1.0%), from -€501,762 to -€506,866
- Other operating charges -€12,153
down €12,153 (-95.1%), from €12,773 to €620
- Gross operating margin -€10,896
down €10,896, from €8,911 to -€1,985
- Financial charges -€3,974
down €3,974 (-61.4%), from €6,473 to €2,499
- Staff costs -€3,099
no longer reported in 2025 (was €3,099)
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 | €18,567 | €16,250 | -€2,317 | -12.5% |
| Fixed assets | 21/28 | €1,250 | €1,250 | = | 0.0% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €17,317 | €15,000 | -€2,317 | -13.4% |
| Stocks and contracts in progress | 3 | €14,569 | €13,571 | -€998 | -6.9% |
| Stocks | 30/36 | €14,569 | €13,571 | -€998 | -6.9% |
| Amounts receivable within one year | 40/41 | €140 | €83 | -€57 | -40.7% |
| Other amounts receivable | 41 | €140 | €83 | -€57 | -40.7% |
| Cash at bank and in hand | 54/58 | €2,608 | €1,346 | -€1,262 | -48.4% |
| Total equity and liabilities | 10/49 | €18,567 | €16,250 | -€2,317 | -12.5% |
| Equity | 10/15 | -€481,210 | -€486,314 | -€5,104 | -1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,960 | €1,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,889 | €1,889 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,889 | €1,889 | = | 0.0% |
| Distributable reserves | 133 | €71 | €71 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€501,762 | -€506,866 | -€5,104 | -1.0% |
| Amounts payable | 17/49 | €499,777 | €502,564 | +€2,787 | +0.6% |
| Amounts payable within one year | 42/48 | €499,777 | €502,564 | +€2,787 | +0.6% |
| Financial debts | 43 | €12,045 | €12,017 | -€28 | -0.2% |
| Credit institutions | 430/8 | €12,045 | €12,017 | -€28 | -0.2% |
| Trade debts | 44 | €131,705 | €131,706 | +€1 | 0.0% |
| Suppliers | 440/4 | €131,705 | €131,706 | +€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €9,660 | €3,210 | -€6,450 | -66.8% |
| Taxes | 450/3 | €9,660 | €3,210 | -€6,450 | -66.8% |
| Other amounts payable | 47/48 | €346,367 | €355,631 | +€9,264 | +2.7% |
| Non-recurring operating income | 76A | €4,163 | - | -€4,163 | |
| Remuneration, social security and pensions | 62 | €3,099 | - | -€3,099 | |
| Other operating charges | 640/8 | €12,773 | €620 | -€12,153 | -95.1% |
| Gross operating margin | 9900 | €8,911 | -€1,985 | -€10,896 | |
| Operating profit (loss) | 9901 | -€6,961 | -€2,605 | +€4,356 | +62.6% |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €6,473 | €2,499 | -€3,974 | -61.4% |
| Recurring financial charges | 65 | €6,473 | €2,499 | -€3,974 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,420 | -€5,104 | +€8,316 | +62.0% |
| Profit (loss) for the period | 9904 | -€13,420 | -€5,104 | +€8,316 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,420 | -€5,104 | +€8,316 | +62.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.