Paindor: 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.
Paindor
Largest movements
- Receivables within one year -€26,241
down €26,241 (-51.3%), from €51,140 to €24,899
of which Trade receivables: -€17,388
- Cash +€2,668
up €2,668 (+66.8%), from €3,994 to €6,662
mainly Receivables within one year (+€26,241) and Net result for the year (+€520)
- Trade debts -€24,396
down €24,396 (-89.0%), from €27,411 to €3,016
- Turnover -€273,249
no longer reported in 2025 (was €273,249)
- Gross operating margin +€31,906
up €31,906 (+62.4%), from €51,156 to €83,061
- Other operating charges +€14,779
up €14,779 (+306%), from €4,835 to €19,614
- Purchases and services -€13,074
down €13,074 (-5.9%), from €222,239 to €209,165
- Staff costs -€4,543
down €4,543 (-7.6%), from €59,548 to €55,005
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 | €59,134 | €35,561 | -€23,573 | -39.9% |
| Current assets | 29/58 | €59,134 | €35,561 | -€23,573 | -39.9% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,140 | €24,899 | -€26,241 | -51.3% |
| Trade receivables | 40 | €25,698 | €8,310 | -€17,388 | -67.7% |
| Other amounts receivable | 41 | €25,442 | €16,589 | -€8,853 | -34.8% |
| Cash at bank and in hand | 54/58 | €3,994 | €6,662 | +€2,668 | +66.8% |
| Total equity and liabilities | 10/49 | €59,134 | €35,561 | -€23,573 | -39.9% |
| Equity | 10/15 | €26,944 | €27,464 | +€520 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,344 | €8,864 | +€520 | +6.2% |
| Amounts payable | 17/49 | €32,190 | €8,097 | -€24,093 | -74.8% |
| Amounts payable within one year | 42/48 | €32,190 | €8,097 | -€24,093 | -74.8% |
| Trade debts | 44 | €27,411 | €3,016 | -€24,396 | -89.0% |
| Suppliers | 440/4 | €27,411 | €3,016 | -€24,396 | -89.0% |
| Taxes, remuneration and social security | 45 | €4,779 | €5,082 | +€303 | +6.3% |
| Taxes | 450/3 | €504 | - | -€504 | |
| Remuneration and social security | 454/9 | €4,275 | €5,082 | +€807 | +18.9% |
| Turnover | 70 | €273,249 | - | -€273,249 | |
| Goods, raw materials, services and sundry goods | 60/61 | €222,239 | €209,165 | -€13,074 | -5.9% |
| Remuneration, social security and pensions | 62 | €59,548 | €55,005 | -€4,543 | -7.6% |
| Other operating charges | 640/8 | €4,835 | €19,614 | +€14,779 | +306% |
| Gross operating margin | 9900 | €51,156 | €83,061 | +€31,906 | +62.4% |
| Operating profit (loss) | 9901 | -€13,227 | €8,442 | +€21,669 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,557 | €5,578 | -€979 | -14.9% |
| Recurring financial charges | 65 | €6,557 | €5,578 | -€979 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,783 | €2,864 | +€22,647 | |
| Income taxes | 67/77 | - | €2,344 | +€2,344 | |
| Profit (loss) for the period | 9904 | -€19,783 | €520 | +€20,303 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,783 | €520 | +€20,303 |
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 23 October 2026 via checked.be.