PAILLE -TECH SCRL: 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.
PAILLE -TECH SCRL
Largest movements
- Cash +€274,843
up €274,843 (+1,138%), from €24,142 to €298,985
mainly Trade debts (+€340,397) and Short-term financial debts (+€200,000)
- Receivables within one year +€255,182
up €255,182 (+35.6%), from €716,587 to €971,769
of which Trade receivables: +€290,483
- Tangible fixed assets -€89,892
down €89,892 (-8.0%), from €1.1m to €1.0m
of which Land and buildings: -€47,454
- Intangible fixed assets +€45,977
up €45,977 (+90.9%), from €50,602 to €96,579
- Trade debts +€340,397
up €340,397 (+146%), from €232,565 to €572,962
- Short-term financial debts +€200,000
new in 2025: €200,000
- Debts after one year -€90,992
down €90,992 (-10.7%), from €847,315 to €756,324
- Reserves +€65,600
up €65,600 (+1,727%), from €3,798 to €69,399
of which Distributable reserves: +€65,600
- Tax, wage and social debts +€44,562
up €44,562 (+222%), from €20,109 to €64,672
of which Taxes: +€23,622
- Staff costs +€73,368
up €73,368 (+15.8%), from €464,567 to €537,935
- Gross operating margin +€37,292
up €37,292 (+5.0%), from €740,796 to €778,088
- Financial income +€19,177
up €19,177 (+96.9%), from €19,786 to €38,963
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 | €2,053,508 | €2,535,976 | +€482,468 | +23.5% |
| Fixed assets | 21/28 | €1,171,356 | €1,127,441 | -€43,915 | -3.7% |
| Intangible fixed assets | 21 | €50,602 | €96,579 | +€45,977 | +90.9% |
| Tangible fixed assets | 22/27 | €1,120,037 | €1,030,145 | -€89,892 | -8.0% |
| Land and buildings | 22 | €922,979 | €875,524 | -€47,454 | -5.1% |
| Plant, machinery and equipment | 23 | €138,163 | €110,587 | -€27,576 | -20.0% |
| Furniture and vehicles | 24 | €50,302 | €42,259 | -€8,043 | -16.0% |
| Leasing and similar rights | 25 | €8,594 | €1,775 | -€6,819 | -79.3% |
| Financial fixed assets | 28 | €717 | €717 | = | 0.0% |
| Current assets | 29/58 | €882,152 | €1,408,535 | +€526,383 | +59.7% |
| Stocks and contracts in progress | 3 | €113,826 | €128,979 | +€15,153 | +13.3% |
| Stocks | 30/36 | €113,826 | €128,979 | +€15,153 | +13.3% |
| Amounts receivable within one year | 40/41 | €716,587 | €971,769 | +€255,182 | +35.6% |
| Trade receivables | 40 | €649,206 | €939,689 | +€290,483 | +44.7% |
| Other amounts receivable | 41 | €67,382 | €32,080 | -€35,301 | -52.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €24,142 | €298,985 | +€274,843 | +1,138% |
| Deferred charges and accrued income | 490/1 | €27,597 | €8,802 | -€18,795 | -68.1% |
| Total equity and liabilities | 10/49 | €2,053,508 | €2,535,976 | +€482,468 | +23.5% |
| Equity | 10/15 | €802,127 | €846,438 | +€44,311 | +5.5% |
| Contributions | 10/11 | €820,531 | €814,693 | -€5,838 | -0.7% |
| Revaluation surpluses | 12 | €136,840 | €136,840 | = | 0.0% |
| Reserves | 13 | €3,798 | €69,399 | +€65,600 | +1,727% |
| Non-distributable reserves | 130/1 | €3,798 | €3,798 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,798 | €3,798 | = | 0.0% |
| Distributable reserves | 133 | - | €65,600 | +€65,600 | |
| Profit (loss) carried forward | 14 | -€211,276 | -€211,276 | = | 0.0% |
| Investment grants | 15 | €52,234 | €36,782 | -€15,451 | -29.6% |
| Amounts payable | 17/49 | €1,251,381 | €1,689,538 | +€438,157 | +35.0% |
| Amounts payable after more than one year | 17 | €847,315 | €756,324 | -€90,992 | -10.7% |
| Financial debts | 170/4 | €847,315 | €756,324 | -€90,992 | -10.7% |
| Amounts payable within one year | 42/48 | €382,867 | €933,214 | +€550,347 | +144% |
| Current portion of amounts payable after more than one year | 42 | €101,807 | €95,581 | -€6,227 | -6.1% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €232,565 | €572,962 | +€340,397 | +146% |
| Suppliers | 440/4 | €232,565 | €572,962 | +€340,397 | +146% |
| Taxes, remuneration and social security | 45 | €20,109 | €64,672 | +€44,562 | +222% |
| Taxes | 450/3 | €11,670 | €35,292 | +€23,622 | +202% |
| Remuneration and social security | 454/9 | €8,439 | €29,380 | +€20,940 | +248% |
| Other amounts payable | 47/48 | €28,385 | €0 | -€28,385 | -100% |
| Accrued charges and deferred income | 492/3 | €21,198 | €0 | -€21,198 | -100% |
| Non-recurring operating income | 76A | €3,712 | €25,886 | +€22,174 | +597% |
| Remuneration, social security and pensions | 62 | €464,567 | €537,935 | +€73,368 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,532 | €131,374 | +€4,842 | +3.8% |
| Other operating charges | 640/8 | €9,225 | €10,323 | +€1,099 | +11.9% |
| Non-recurring operating charges | 66A | €19,810 | €40,093 | +€20,283 | +102% |
| Gross operating margin | 9900 | €740,796 | €778,088 | +€37,292 | +5.0% |
| Operating profit (loss) | 9901 | €120,662 | €58,363 | -€62,299 | -51.6% |
| Financial income | 75/76B | €19,786 | €38,963 | +€19,177 | +96.9% |
| Recurring financial income | 75 | €19,786 | €38,963 | +€19,177 | +96.9% |
| Financial charges | 65/66B | €30,702 | €31,726 | +€1,024 | +3.3% |
| Recurring financial charges | 65 | €30,702 | €31,726 | +€1,024 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €109,746 | €65,600 | -€44,146 | -40.2% |
| Income taxes | 67/77 | €179 | €0 | -€179 | -100% |
| Profit (loss) for the period | 9904 | €109,567 | €65,600 | -€43,967 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €109,567 | €65,600 | -€43,967 | -40.1% |
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 21 October 2026 via checked.be.