Paddocksplace: 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.
Paddocksplace
Largest movements
- Deferred charges and accrued income -€38,395
down €38,395 (-95.7%), from €40,121 to €1,726
- Stocks and contracts -€24,050
down €24,050 (-22.6%), from €106,310 to €82,260
- Tangible fixed assets -€20,203
down €20,203 (-6.2%), from €327,546 to €307,343
of which Land and buildings: -€20,065
- Cash +€6,375
up €6,375 (+18.5%), from €34,549 to €40,924
mainly Deferred charges and accrued income (+€38,395) and Stocks and contracts (+€24,050)
- Profit (loss) carried forward -€40,264
down €40,264, from €24,715 to -€15,549
- Trade debts -€31,515
down €31,515 (-29.1%), from €108,132 to €76,617
- Other debts +€17,296
up €17,296 (+34.8%), from €49,736 to €67,031
- Debts after one year -€14,840
down €14,840 (-5.0%), from €298,573 to €283,733
- Tax, wage and social debts -€5,781
down €5,781 (-32.8%), from €17,650 to €11,869
of which Taxes: -€6,606
- Financial charges +€38,420
up €38,420, from -€19,397 to €19,023
- Other operating charges +€12,629
up €12,629 (+157%), from €8,056 to €20,685
- Gross operating margin +€11,586
up €11,586 (+17.5%), from €66,111 to €77,697
- Staff costs -€3,939
down €3,939 (-4.9%), from €80,898 to €76,959
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.
Derived cash bridge
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 | €543,085 | €468,921 | -€74,164 | -13.7% |
| Fixed assets | 21/28 | €327,546 | €307,343 | -€20,203 | -6.2% |
| Tangible fixed assets | 22/27 | €327,546 | €307,343 | -€20,203 | -6.2% |
| Land and buildings | 22 | €322,539 | €302,474 | -€20,065 | -6.2% |
| Plant, machinery and equipment | 23 | €5,007 | €4,812 | -€196 | -3.9% |
| Furniture and vehicles | 24 | €0 | €58 | +€58 | |
| Current assets | 29/58 | €215,539 | €161,577 | -€53,961 | -25.0% |
| Stocks and contracts in progress | 3 | €106,310 | €82,260 | -€24,050 | -22.6% |
| Stocks | 30/36 | €106,310 | €82,260 | -€24,050 | -22.6% |
| Amounts receivable within one year | 40/41 | €34,559 | €36,668 | +€2,109 | +6.1% |
| Trade receivables | 40 | €34,445 | €34,879 | +€435 | +1.3% |
| Other amounts receivable | 41 | €114 | €1,788 | +€1,674 | +1,464% |
| Cash at bank and in hand | 54/58 | €34,549 | €40,924 | +€6,375 | +18.5% |
| Deferred charges and accrued income | 490/1 | €40,121 | €1,726 | -€38,395 | -95.7% |
| Total equity and liabilities | 10/49 | €543,085 | €468,921 | -€74,164 | -13.7% |
| Equity | 10/15 | €44,984 | €4,720 | -€40,264 | -89.5% |
| Contributions | 10/11 | €17,809 | €17,809 | = | 0.0% |
| Reserves | 13 | €2,460 | €2,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,715 | -€15,549 | -€40,264 | |
| Amounts payable | 17/49 | €498,101 | €464,201 | -€33,900 | -6.8% |
| Amounts payable after more than one year | 17 | €298,573 | €283,733 | -€14,840 | -5.0% |
| Financial debts | 170/4 | €298,573 | €283,733 | -€14,840 | -5.0% |
| Amounts payable within one year | 42/48 | €192,426 | €172,500 | -€19,926 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €16,909 | €16,982 | +€74 | +0.4% |
| Trade debts | 44 | €108,132 | €76,617 | -€31,515 | -29.1% |
| Suppliers | 440/4 | €108,132 | €76,617 | -€31,515 | -29.1% |
| Taxes, remuneration and social security | 45 | €17,650 | €11,869 | -€5,781 | -32.8% |
| Taxes | 450/3 | €15,525 | €8,919 | -€6,606 | -42.6% |
| Remuneration and social security | 454/9 | €2,125 | €2,950 | +€825 | +38.8% |
| Other amounts payable | 47/48 | €49,736 | €67,031 | +€17,296 | +34.8% |
| Accrued charges and deferred income | 492/3 | €7,102 | €7,968 | +€866 | +12.2% |
| Remuneration, social security and pensions | 62 | €80,898 | €76,959 | -€3,939 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,752 | €22,366 | -€386 | -1.7% |
| Other operating charges | 640/8 | €8,056 | €20,685 | +€12,629 | +157% |
| Non-recurring operating charges | 66A | €3 | - | -€3 | |
| Gross operating margin | 9900 | €66,111 | €77,697 | +€11,586 | +17.5% |
| Operating profit (loss) | 9901 | -€45,598 | -€42,312 | +€3,286 | +7.2% |
| Financial income | 75/76B | €53 | €72 | +€18 | +34.3% |
| Recurring financial income | 75 | €53 | €72 | +€18 | +34.3% |
| Financial charges | 65/66B | -€19,397 | €19,023 | +€38,420 | |
| Recurring financial charges | 65 | -€19,397 | €19,023 | +€38,420 | |
| Profit (loss) for the period before taxes | 9903 | -€26,148 | -€61,264 | -€35,116 | -134% |
| Profit (loss) for the period | 9904 | -€26,148 | -€61,264 | -€35,116 | -134% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,148 | -€61,264 | -€35,116 | -134% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.