Paddy Audit & Consulting: what changed
Paddy Audit & Consulting
Largest movements
- Cash +€183,840
up €183,840 (+122%), from €150,978 to €334,818
mainly Current investments (+€92,120) and Net result for the year (+€66,922)
- Current investments -€92,120
no longer reported in 2026 (was €92,120)
- Financial fixed assets +€44,186
up €44,186 (+5.0%), from €885,000 to €929,186
- Tangible fixed assets -€41,926
down €41,926 (-33.3%), from €125,960 to €84,034
of which Furniture and vehicles: -€38,248
- Receivables within one year +€16,030
up €16,030 (+12.3%), from €130,803 to €146,833
of which Trade receivables: +€21,008
- Reserves +€55,000
up €55,000 (+5.5%), from €997,782 to €1.1m
of which Distributable reserves: +€55,000
- Other debts +€40,650
up €40,650 (+15.6%), from €261,173 to €301,823
- Tax, wage and social debts +€30,963
up €30,963 (+180%), from €17,239 to €48,202
- Debts after one year -€25,873
down €25,873 (-92.2%), from €28,074 to €2,201
- Gross operating margin -€84,797
down €84,797 (-32.9%), from €257,841 to €173,044
- Financial income -€10,127
down €10,127 (-46.8%), from €21,639 to €11,512
- Taxes +€8,907
up €8,907 (+23.4%), from €38,089 to €46,996
- Financial charges +€3,031
up €3,031 (+17.0%), from €17,825 to €20,856
Change in the result, 2025 to 2026
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
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,385,186 | €1,494,871 | +€109,685 | +7.9% |
| Fixed assets | 21/28 | €1,010,960 | €1,013,220 | +€2,260 | +0.2% |
| Tangible fixed assets | 22/27 | €125,960 | €84,034 | -€41,926 | -33.3% |
| Land and buildings | 22 | €2,536 | €412 | -€2,124 | -83.8% |
| Furniture and vehicles | 24 | €117,634 | €79,386 | -€38,248 | -32.5% |
| Other tangible fixed assets | 26 | €5,790 | €4,236 | -€1,554 | -26.8% |
| Financial fixed assets | 28 | €885,000 | €929,186 | +€44,186 | +5.0% |
| Current assets | 29/58 | €374,226 | €481,651 | +€107,425 | +28.7% |
| Amounts receivable within one year | 40/41 | €130,803 | €146,833 | +€16,030 | +12.3% |
| Trade receivables | 40 | - | €21,008 | +€21,008 | |
| Other amounts receivable | 41 | €130,803 | €125,825 | -€4,978 | -3.8% |
| Current investments | 50/53 | €92,120 | - | -€92,120 | |
| Cash at bank and in hand | 54/58 | €150,978 | €334,818 | +€183,840 | +122% |
| Deferred charges and accrued income | 490/1 | €325 | - | -€325 | |
| Total equity and liabilities | 10/49 | €1,385,186 | €1,494,871 | +€109,685 | +7.9% |
| Equity | 10/15 | €1,025,761 | €1,077,683 | +€51,922 | +5.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €997,782 | €1,052,782 | +€55,000 | +5.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €958,422 | €1,013,422 | +€55,000 | +5.7% |
| Profit (loss) carried forward | 14 | €7,979 | €4,901 | -€3,078 | -38.6% |
| Amounts payable | 17/49 | €359,425 | €417,188 | +€57,763 | +16.1% |
| Amounts payable after more than one year | 17 | €28,074 | €2,201 | -€25,873 | -92.2% |
| Financial debts | 170/4 | €28,074 | €2,201 | -€25,873 | -92.2% |
| Amounts payable within one year | 42/48 | €331,351 | €414,101 | +€82,750 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €24,909 | €25,873 | +€964 | +3.9% |
| Trade debts | 44 | €28,030 | €38,203 | +€10,173 | +36.3% |
| Suppliers | 440/4 | €28,030 | €38,203 | +€10,173 | +36.3% |
| Taxes, remuneration and social security | 45 | €17,239 | €48,202 | +€30,963 | +180% |
| Taxes | 450/3 | €17,239 | €48,202 | +€30,963 | +180% |
| Other amounts payable | 47/48 | €261,173 | €301,823 | +€40,650 | +15.6% |
| Accrued charges and deferred income | 492/3 | - | €886 | +€886 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,883 | €41,926 | -€957 | -2.2% |
| Other operating charges | 640/8 | €5,426 | €7,856 | +€2,430 | +44.8% |
| Gross operating margin | 9900 | €257,841 | €173,044 | -€84,797 | -32.9% |
| Operating profit (loss) | 9901 | €209,532 | €123,262 | -€86,270 | -41.2% |
| Financial income | 75/76B | €21,639 | €11,512 | -€10,127 | -46.8% |
| Recurring financial income | 75 | €21,639 | €11,512 | -€10,127 | -46.8% |
| Financial charges | 65/66B | €17,825 | €20,856 | +€3,031 | +17.0% |
| Recurring financial charges | 65 | €17,825 | €20,856 | +€3,031 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €213,346 | €113,918 | -€99,428 | -46.6% |
| Income taxes | 67/77 | €38,089 | €46,996 | +€8,907 | +23.4% |
| Profit (loss) for the period | 9904 | €175,257 | €66,922 | -€108,335 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €175,257 | €66,922 | -€108,335 | -61.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.