Painblanc Consult: what changed
What changed
Painblanc Consult
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€16,211
2024 · €46,442-€30,231
Equity
€217,374
2024 · €201,163+€16,211
Cash
€42,695
2024 · €60,649-€17,954
Balance sheet total
€16.0m
2024 · €305,928+€15.7m
Largest movements
Assets
- Financial fixed assets +€14.8m
new in 2025: €14.8m
- Stocks and contracts +€748,739
up €748,739 (+1,657%), from €45,189 to €793,928
Equity and liabilities
- Debts after one year +€15.1m
new in 2025: €15.1m
- Short-term financial debts +€563,208
up €563,208 (+2,816%), from €20,000 to €583,208
Income statement
- Gross operating margin -€26,655
down €26,655 (-29.9%), from €89,254 to €62,600
- Financial charges +€5,328
up €5,328 (+19.5%), from €27,306 to €32,635
- Financial income +€3,895
up €3,895 (+98.2%), from €3,966 to €7,861
- Depreciation +€3,257
up €3,257 (+188%), from €1,730 to €4,987
- Other operating charges -€1,018
no longer reported in 2025 (was €1,018)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€46,442
Gross operating margin
-€26,655
Depreciation
-€3,257
Other operating charges
+€1,018
Financial income
+€3,895
Financial charges
-€5,328
Taxes
+€96
Result 2025
€16,211
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€862,340
Investment
-€14.9m
Financing
+€15.7m
Cash 2024
€60,649
From operations (derived)
-€862,340
Net result for the year
+€16,211
Depreciation
+€4,987
Stocks and contracts
-€748,739
Receivables within one year
-€147,456
Smaller working-capital items
+€12,657
Investment (derived)
-€14.9m
Investment in fixed assets (net)
-€14.9m
Financing
+€15.7m
Debts after one year
+€15.1m
Current portion of long-term debt
+€1,706
Short-term financial debts
+€563,208
Cash 2025
€42,695
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €305,928 | €16,037,386 | +€15.7m | +5,142% |
| Fixed assets | 21/28 | €10,516 | €14,863,748 | +€14.9m | +141,245% |
| Tangible fixed assets | 22/27 | €10,516 | €24,125 | +€13,609 | +129% |
| Plant, machinery and equipment | 23 | €3,304 | €6,213 | +€2,908 | +88.0% |
| Furniture and vehicles | 24 | €7,212 | €13,413 | +€6,201 | +86.0% |
| Other tangible fixed assets | 26 | - | €4,500 | +€4,500 | |
| Financial fixed assets | 28 | - | €14,839,622 | +€14.8m | |
| Current assets | 29/58 | €295,412 | €1,173,638 | +€878,226 | +297% |
| Amounts receivable after more than one year | 29 | €123,597 | €123,597 | = | 0.0% |
| Other amounts receivable | 291 | €123,597 | €123,597 | = | 0.0% |
| Stocks and contracts in progress | 3 | €45,189 | €793,928 | +€748,739 | +1,657% |
| Stocks | 30/36 | €45,189 | €793,928 | +€748,739 | +1,657% |
| Amounts receivable within one year | 40/41 | €64,739 | €212,195 | +€147,456 | +228% |
| Trade receivables | 40 | €10,426 | €81,932 | +€71,506 | +686% |
| Other amounts receivable | 41 | €54,313 | €130,263 | +€75,950 | +140% |
| Cash at bank and in hand | 54/58 | €60,649 | €42,695 | -€17,954 | -29.6% |
| Deferred charges and accrued income | 490/1 | €1,238 | €1,223 | -€15 | -1.2% |
| Total equity and liabilities | 10/49 | €305,928 | €16,037,386 | +€15.7m | +5,142% |
| Equity | 10/15 | €201,163 | €217,374 | +€16,211 | +8.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €199,163 | €215,374 | +€16,211 | +8.1% |
| Distributable reserves | 133 | €199,163 | €215,374 | +€16,211 | +8.1% |
| Amounts payable | 17/49 | €104,765 | €15,820,012 | +€15.7m | +15,000% |
| Amounts payable after more than one year | 17 | - | €15,137,690 | +€15.1m | |
| Financial debts | 170/4 | - | €15,137,690 | +€15.1m | |
| Amounts payable within one year | 42/48 | €104,765 | €682,322 | +€577,557 | +551% |
| Current portion of amounts payable after more than one year | 42 | - | €1,706 | +€1,706 | |
| Financial debts | 43 | €20,000 | €583,208 | +€563,208 | +2,816% |
| Credit institutions | 430/8 | €20,000 | €583,208 | +€563,208 | +2,816% |
| Trade debts | 44 | €65,687 | €87,054 | +€21,367 | +32.5% |
| Suppliers | 440/4 | €65,687 | €87,054 | +€21,367 | +32.5% |
| Taxes, remuneration and social security | 45 | €19,078 | €10,353 | -€8,725 | -45.7% |
| Taxes | 450/3 | €19,078 | €10,353 | -€8,725 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,730 | €4,987 | +€3,257 | +188% |
| Other operating charges | 640/8 | €1,018 | - | -€1,018 | |
| Gross operating margin | 9900 | €89,254 | €62,600 | -€26,655 | -29.9% |
| Operating profit (loss) | 9901 | €86,507 | €57,613 | -€28,894 | -33.4% |
| Financial income | 75/76B | €3,966 | €7,861 | +€3,895 | +98.2% |
| Recurring financial income | 75 | €3,966 | €7,861 | +€3,895 | +98.2% |
| Financial charges | 65/66B | €27,306 | €32,635 | +€5,328 | +19.5% |
| Recurring financial charges | 65 | €27,306 | €32,635 | +€5,328 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €63,166 | €32,839 | -€30,327 | -48.0% |
| Income taxes | 67/77 | €16,724 | €16,628 | -€96 | -0.6% |
| Profit (loss) for the period | 9904 | €46,442 | €16,211 | -€30,231 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,442 | €16,211 | -€30,231 | -65.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.