Pain Deco: 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.
Pain Deco
Largest movements
- Tangible fixed assets -€14,491
down €14,491 (-56.9%), from €25,459 to €10,968
of which Furniture and vehicles: -€7,573
- Cash +€13,109
up €13,109 (+81.7%), from €16,040 to €29,150
mainly Depreciation (+€18,424) and Tax, wage and social debts (+€4,759)
- Receivables within one year -€4,374
down €4,374 (-20.3%), from €21,559 to €17,185
of which Trade receivables: -€5,267
- Debts after one year -€14,453
down €14,453 (-84.5%), from €17,101 to €2,648
- Trade debts -€5,679
down €5,679 (-23.9%), from €23,787 to €18,109
- Tax, wage and social debts +€4,759
up €4,759 (+62.1%), from €7,661 to €12,420
of which Remuneration and social security: +€5,482
- Other debts +€4,154
up €4,154 (+76.6%), from €5,422 to €9,575
- Reserves +€3,927
up €3,927 (+30.2%), from €13,000 to €16,927
- Staff costs +€14,412
up €14,412 (+18.7%), from €77,219 to €91,631
- Gross operating margin +€13,087
up €13,087 (+12.3%), from €106,802 to €119,889
- Other operating charges +€1,891
up €1,891 (+189%), from €1,002 to €2,893
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 | €86,776 | €79,881 | -€6,896 | -7.9% |
| Fixed assets | 21/28 | €45,098 | €29,899 | -€15,199 | -33.7% |
| Intangible fixed assets | 21 | €19,640 | €18,931 | -€709 | -3.6% |
| Tangible fixed assets | 22/27 | €25,459 | €10,968 | -€14,491 | -56.9% |
| Plant, machinery and equipment | 23 | €7,627 | €1,322 | -€6,304 | -82.7% |
| Furniture and vehicles | 24 | €16,583 | €9,010 | -€7,573 | -45.7% |
| Other tangible fixed assets | 26 | €1,249 | €635 | -€613 | -49.1% |
| Current assets | 29/58 | €41,678 | €49,982 | +€8,304 | +19.9% |
| Stocks and contracts in progress | 3 | €3,100 | €2,918 | -€182 | -5.9% |
| Stocks | 30/36 | €3,100 | €2,918 | -€182 | -5.9% |
| Amounts receivable within one year | 40/41 | €21,559 | €17,185 | -€4,374 | -20.3% |
| Trade receivables | 40 | €19,573 | €14,306 | -€5,267 | -26.9% |
| Other amounts receivable | 41 | €1,985 | €2,878 | +€893 | +45.0% |
| Cash at bank and in hand | 54/58 | €16,040 | €29,150 | +€13,109 | +81.7% |
| Deferred charges and accrued income | 490/1 | €979 | €729 | -€250 | -25.5% |
| Total equity and liabilities | 10/49 | €86,776 | €79,881 | -€6,896 | -7.9% |
| Equity | 10/15 | €18,748 | €22,675 | +€3,927 | +20.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €16,927 | +€3,927 | +30.2% |
| Distributable reserves | 133 | €13,000 | €16,927 | +€3,927 | +30.2% |
| Profit (loss) carried forward | 14 | €748 | €748 | = | 0.0% |
| Amounts payable | 17/49 | €68,028 | €57,205 | -€10,823 | -15.9% |
| Amounts payable after more than one year | 17 | €17,101 | €2,648 | -€14,453 | -84.5% |
| Financial debts | 170/4 | €17,101 | €2,648 | -€14,453 | -84.5% |
| Amounts payable within one year | 42/48 | €50,927 | €54,558 | +€3,630 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €14,057 | €14,453 | +€396 | +2.8% |
| Trade debts | 44 | €23,787 | €18,109 | -€5,679 | -23.9% |
| Suppliers | 440/4 | €23,787 | €18,109 | -€5,679 | -23.9% |
| Taxes, remuneration and social security | 45 | €7,661 | €12,420 | +€4,759 | +62.1% |
| Taxes | 450/3 | €2,782 | €2,059 | -€723 | -26.0% |
| Remuneration and social security | 454/9 | €4,879 | €10,361 | +€5,482 | +112% |
| Other amounts payable | 47/48 | €5,422 | €9,575 | +€4,154 | +76.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €77,219 | €91,631 | +€14,412 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,994 | €18,424 | +€431 | +2.4% |
| Other operating charges | 640/8 | €1,002 | €2,893 | +€1,891 | +189% |
| Gross operating margin | 9900 | €106,802 | €119,889 | +€13,087 | +12.3% |
| Operating profit (loss) | 9901 | €10,588 | €6,940 | -€3,648 | -34.5% |
| Financial income | 75/76B | €107 | €306 | +€199 | +186% |
| Recurring financial income | 75 | €107 | €306 | +€199 | +186% |
| Financial charges | 65/66B | €2,012 | €960 | -€1,052 | -52.3% |
| Recurring financial charges | 65 | €2,012 | €960 | -€1,052 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €8,683 | €6,286 | -€2,397 | -27.6% |
| Income taxes | 67/77 | €2,658 | €2,359 | -€299 | -11.3% |
| Profit (loss) for the period | 9904 | €6,024 | €3,927 | -€2,097 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,024 | €3,927 | -€2,097 | -34.8% |
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 13 October 2026 via checked.be.