PADDOCK - KETELS: 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.
PADDOCK - KETELS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€355
down €355 (-4.6%), from €7,782 to €7,426
- Gross operating margin +€84
up €84 (+1.3%), from €6,277 to €6,361
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 | €208,645 | €208,646 | +€2 | 0.0% |
| Fixed assets | 21/28 | €208,643 | €208,643 | = | 0.0% |
| Tangible fixed assets | 22/27 | €208,643 | €208,643 | = | 0.0% |
| Land and buildings | 22 | €199,471 | €199,471 | = | 0.0% |
| Other tangible fixed assets | 26 | €9,172 | €9,172 | = | 0.0% |
| Current assets | 29/58 | €2 | €4 | +€2 | +75.0% |
| Cash at bank and in hand | 54/58 | €2 | €4 | +€2 | +75.0% |
| Total equity and liabilities | 10/49 | €208,645 | €208,646 | +€2 | 0.0% |
| Equity | 10/15 | €165,185 | €164,091 | -€1,094 | -0.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €103,685 | €102,591 | -€1,094 | -1.1% |
| Non-distributable reserves | 130/1 | €12,687 | €12,687 | = | 0.0% |
| Legal reserve | 130 | €12,687 | €12,687 | = | 0.0% |
| Distributable reserves | 133 | €90,998 | €89,903 | -€1,094 | -1.2% |
| Amounts payable | 17/49 | €43,460 | €44,556 | +€1,096 | +2.5% |
| Amounts payable within one year | 42/48 | €43,460 | €44,556 | +€1,096 | +2.5% |
| Other amounts payable | 47/48 | €43,460 | €44,556 | +€1,096 | +2.5% |
| Other operating charges | 640/8 | €7,782 | €7,426 | -€355 | -4.6% |
| Gross operating margin | 9900 | €6,277 | €6,361 | +€84 | +1.3% |
| Operating profit (loss) | 9901 | -€1,505 | -€1,066 | +€439 | +29.2% |
| Financial charges | 65/66B | - | €29 | +€29 | |
| Recurring financial charges | 65 | - | €29 | +€29 | |
| Profit (loss) for the period before taxes | 9903 | -€1,505 | -€1,094 | +€410 | +27.3% |
| Profit (loss) for the period | 9904 | -€1,505 | -€1,094 | +€410 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,505 | -€1,094 | +€410 | +27.3% |
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 4 October 2026 via checked.be.