PAAN TRADE: what changed
PAAN TRADE
Largest movements
- Stocks and contracts -€18,200
down €18,200 (-96.4%), from €18,878 to €678
- Receivables within one year +€13,702
up €13,702 (+89.0%), from €15,400 to €29,102
- Cash +€6,507
up €6,507 (+113%), from €5,738 to €12,245
- Formation expenses -€475
no longer reported in 2021 (was €475)
- Debts within one year -€19,321
down €19,321 (-45.3%), from €42,681 to €23,360
of which Trade debts: -€19,534
- Contributions +€12,350
up €12,350 (+198%), from €6,250 to €18,600
- Profit (loss) carried forward +€8,505
up €8,505, from -€8,440 to €66
- Gross operating margin -€23,013
down €23,013 (-82.1%), from €28,021 to €5,009
- Financial charges +€445
new in 2021: €445
Change in the result, 2019 to 2021
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
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,491 | €42,025 | +€1,534 | +3.8% |
| Formation expenses | 20 | €475 | - | -€475 | |
| Current assets | 29/58 | €40,016 | €42,025 | +€2,009 | +5.0% |
| Stocks and contracts in progress | 3 | €18,878 | €678 | -€18,200 | -96.4% |
| Stocks | 30/36 | - | €678 | +€678 | |
| Amounts receivable within one year | 40/41 | €15,400 | €29,102 | +€13,702 | +89.0% |
| Other amounts receivable | 41 | - | €29,102 | +€29,102 | |
| Cash at bank and in hand | 54/58 | €5,738 | €12,245 | +€6,507 | +113% |
| Total equity and liabilities | 10/49 | €40,491 | €42,025 | +€1,534 | +3.8% |
| Equity | 10/15 | -€2,190 | €18,666 | +€20,855 | |
| Contributions | 10/11 | €6,250 | €18,600 | +€12,350 | +198% |
| Profit (loss) carried forward | 14 | -€8,440 | €66 | +€8,505 | |
| Amounts payable | 17/49 | €42,681 | €23,360 | -€19,321 | -45.3% |
| Amounts payable within one year | 42/48 | €42,681 | €23,360 | -€19,321 | -45.3% |
| Trade debts | 44 | €41,816 | €22,281 | -€19,534 | -46.7% |
| Suppliers | 440/4 | - | €22,281 | +€22,281 | |
| Taxes, remuneration and social security | 45 | - | €1,078 | +€1,078 | |
| Taxes | 450/3 | - | €1,078 | +€1,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €175 | -€125 | -41.7% |
| Gross operating margin | 9900 | €28,021 | €5,009 | -€23,013 | -82.1% |
| Operating profit (loss) | 9901 | €26,356 | €4,834 | -€21,522 | -81.7% |
| Financial charges | 65/66B | - | €445 | +€445 | |
| Recurring financial charges | 65 | €22,245 | €445 | -€21,799 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | €4,111 | €4,388 | +€277 | +6.7% |
| Income taxes | 67/77 | - | €186 | +€186 | |
| Profit (loss) for the period | 9904 | €4,111 | €4,203 | +€92 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,111 | €4,203 | +€92 | +2.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.