OUD PAPIER CENTRALE: 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.
OUD PAPIER CENTRALE
Largest movements
- Cash +€89,584
up €89,584 (+66.2%), from €135,252 to €224,836
mainly Net result for the year (+€204,772) and Depreciation (+€171,720)
- Tangible fixed assets -€70,574
down €70,574 (-12.9%), from €547,677 to €477,103
of which Plant, machinery and equipment: -€46,366
- Stocks and contracts +€50,140
up €50,140 (+141%), from €35,485 to €85,625
- Receivables within one year +€24,683
up €24,683 (+10.5%), from €235,548 to €260,231
of which Trade receivables: +€38,592
- Profit (loss) carried forward +€204,772
up €204,772 (+230%), from €89,110 to €293,882
- Trade debts -€127,389
down €127,389 (-34.8%), from €365,702 to €238,313
- Debts after one year -€51,315
down €51,315 (-26.4%), from €194,421 to €143,106
- Tax, wage and social debts +€28,870
up €28,870 (+194%), from €14,860 to €43,730
- Current portion of long-term debt +€27,751
up €27,751 (+13.0%), from €214,054 to €241,805
- Gross operating margin +€175,292
up €175,292 (+59.8%), from €293,252 to €468,543
- Taxes +€50,916
up €50,916 (+270%), from €18,883 to €69,799
- Depreciation +€10,927
up €10,927 (+6.8%), from €160,793 to €171,720
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.
Derived cash bridge
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 | €1,810,712 | €1,898,323 | +€87,611 | +4.8% |
| Fixed assets | 21/28 | €1,394,277 | €1,323,703 | -€70,574 | -5.1% |
| Tangible fixed assets | 22/27 | €547,677 | €477,103 | -€70,574 | -12.9% |
| Plant, machinery and equipment | 23 | €470,211 | €423,845 | -€46,366 | -9.9% |
| Furniture and vehicles | 24 | €77,466 | €53,258 | -€24,208 | -31.2% |
| Financial fixed assets | 28 | €846,600 | €846,600 | = | 0.0% |
| Current assets | 29/58 | €416,436 | €574,620 | +€158,185 | +38.0% |
| Amounts receivable after more than one year | 29 | €9,981 | €2,965 | -€7,016 | -70.3% |
| Trade receivables | 290 | €9,981 | €2,965 | -€7,016 | -70.3% |
| Stocks and contracts in progress | 3 | €35,485 | €85,625 | +€50,140 | +141% |
| Stocks | 30/36 | €35,485 | €85,625 | +€50,140 | +141% |
| Amounts receivable within one year | 40/41 | €235,548 | €260,231 | +€24,683 | +10.5% |
| Trade receivables | 40 | €200,940 | €239,533 | +€38,592 | +19.2% |
| Other amounts receivable | 41 | €34,608 | €20,698 | -€13,910 | -40.2% |
| Cash at bank and in hand | 54/58 | €135,252 | €224,836 | +€89,584 | +66.2% |
| Deferred charges and accrued income | 490/1 | €170 | €963 | +€793 | +466% |
| Total equity and liabilities | 10/49 | €1,810,712 | €1,898,323 | +€87,611 | +4.8% |
| Equity | 10/15 | €987,986 | €1,192,757 | +€204,772 | +20.7% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €824,508 | €824,508 | = | 0.0% |
| Distributable reserves | 133 | €824,508 | €824,508 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,110 | €293,882 | +€204,772 | +230% |
| Provisions and deferred taxes | 16 | €12,000 | €12,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €12,000 | €12,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable | 17/49 | €810,727 | €693,566 | -€117,161 | -14.5% |
| Amounts payable after more than one year | 17 | €194,421 | €143,106 | -€51,315 | -26.4% |
| Financial debts | 170/4 | €194,421 | €143,106 | -€51,315 | -26.4% |
| Amounts payable within one year | 42/48 | €616,306 | €550,460 | -€65,846 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €214,054 | €241,805 | +€27,751 | +13.0% |
| Trade debts | 44 | €365,702 | €238,313 | -€127,389 | -34.8% |
| Suppliers | 440/4 | €365,702 | €238,313 | -€127,389 | -34.8% |
| Taxes, remuneration and social security | 45 | €14,860 | €43,730 | +€28,870 | +194% |
| Taxes | 450/3 | €14,860 | €43,730 | +€28,870 | +194% |
| Other amounts payable | 47/48 | €21,691 | €26,612 | +€4,921 | +22.7% |
| Non-recurring operating income | 76A | - | €8,828 | +€8,828 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,793 | €171,720 | +€10,927 | +6.8% |
| Other operating charges | 640/8 | €1,557 | €422 | -€1,135 | -72.9% |
| Gross operating margin | 9900 | €293,252 | €468,543 | +€175,292 | +59.8% |
| Operating profit (loss) | 9901 | €130,902 | €296,402 | +€165,500 | +126% |
| Financial income | 75/76B | €1,106 | €1,731 | +€624 | +56.4% |
| Recurring financial income | 75 | €1,106 | €1,731 | +€624 | +56.4% |
| Financial charges | 65/66B | €24,015 | €23,562 | -€454 | -1.9% |
| Recurring financial charges | 65 | €24,015 | €23,562 | -€454 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €107,993 | €274,571 | +€166,578 | +154% |
| Income taxes | 67/77 | €18,883 | €69,799 | +€50,916 | +270% |
| Profit (loss) for the period | 9904 | €89,110 | €204,772 | +€115,662 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €89,110 | €204,772 | +€115,662 | +130% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.