PADDENHOUCK: 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.
PADDENHOUCK
Largest movements
- Tangible fixed assets -€5,297
down €5,297 (-25.2%), from €21,006 to €15,709
of which Land and buildings: -€4,802
- Cash +€4,415
up €4,415 (+11.4%), from €38,802 to €43,217
mainly Net result for the year (+€6,478) and Depreciation (+€5,297)
- Deferred charges and accrued income +€1,524
up €1,524 (+274.3%), from €556 to €2,080
- Stocks and contracts -€1,356
down €1,356 (-57.7%), from €2,350 to €994
- Profit (loss) carried forward +€6,478
up €6,478 (+7.5%), from -€86,655 to -€80,177
- Other debts -€4,533
down €4,533 (-6.5%), from €69,228 to €64,695
- Trade debts -€3,311
down €3,311 (-92.0%), from €3,597 to €287
- Tax, wage and social debts +€647
up €647 (+202.6%), from €319 to €966
- Gross operating margin -€1,224
down €1,224 (-7.5%), from €16,246 to €15,023
- Staff costs +€527
up €527 (+140.9%), from €374 to €902
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,719 | €62,000 | -€719 | -1.1% |
| Fixed assets | 21/28 | €21,006 | €15,709 | -€5,297 | -25.2% |
| Tangible fixed assets | 22/27 | €21,006 | €15,709 | -€5,297 | -25.2% |
| Land and buildings | 22 | €20,346 | €15,544 | -€4,802 | -23.6% |
| Plant, machinery and equipment | 23 | €660 | €165 | -€495 | -75.0% |
| Current assets | 29/58 | €41,713 | €46,291 | +€4,578 | +11.0% |
| Stocks and contracts in progress | 3 | €2,350 | €994 | -€1,356 | -57.7% |
| Stocks | 30/36 | €2,350 | €994 | -€1,356 | -57.7% |
| Amounts receivable within one year | 40/41 | €6 | - | -€6 | |
| Other amounts receivable | 41 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €38,802 | €43,217 | +€4,415 | +11.4% |
| Deferred charges and accrued income | 490/1 | €556 | €2,080 | +€1,524 | +274.3% |
| Total equity and liabilities | 10/49 | €62,719 | €62,000 | -€719 | -1.1% |
| Equity | 10/15 | -€59,426 | -€52,948 | +€6,478 | +10.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,637 | €8,637 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,637 | €8,637 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,637 | €8,637 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,655 | -€80,177 | +€6,478 | +7.5% |
| Amounts payable | 17/49 | €122,145 | €114,948 | -€7,197 | -5.9% |
| Amounts payable after more than one year | 17 | €49,000 | €49,000 | = | 0.0% |
| Financial debts | 170/4 | €49,000 | €49,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,145 | €65,948 | -€7,197 | -9.8% |
| Trade debts | 44 | €3,597 | €287 | -€3,311 | -92.0% |
| Suppliers | 440/4 | €3,597 | €287 | -€3,311 | -92.0% |
| Taxes, remuneration and social security | 45 | €319 | €966 | +€647 | +202.6% |
| Taxes | 450/3 | €319 | €966 | +€647 | +202.6% |
| Other amounts payable | 47/48 | €69,228 | €64,695 | -€4,533 | -6.5% |
| Remuneration, social security and pensions | 62 | €374 | €902 | +€527 | +140.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,297 | €5,297 | = | 0.0% |
| Other operating charges | 640/8 | €1,883 | €1,939 | +€56 | +3.0% |
| Gross operating margin | 9900 | €16,246 | €15,023 | -€1,224 | -7.5% |
| Operating profit (loss) | 9901 | €8,692 | €6,885 | -€1,807 | -20.8% |
| Financial income | 75/76B | €185 | €172 | -€13 | -7.0% |
| Recurring financial income | 75 | €185 | €172 | -€13 | -7.0% |
| Financial charges | 65/66B | €339 | €374 | +€35 | +10.4% |
| Recurring financial charges | 65 | €339 | €374 | +€35 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €8,537 | €6,682 | -€1,856 | -21.7% |
| Income taxes | 67/77 | €301 | €204 | -€97 | -32.3% |
| Profit (loss) for the period | 9904 | €8,236 | €6,478 | -€1,758 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,236 | €6,478 | -€1,758 | -21.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.