PAINPRESS: 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.
PAINPRESS
Largest movements
- Receivables within one year +€6,424
up €6,424 (+72.8%), from €8,827 to €15,251
of which Trade receivables: +€8,806
- Tangible fixed assets -€2,424
down €2,424 (-24.9%), from €9,736 to €7,312
of which Land and buildings: -€1,326
- Cash +€2,134
up €2,134 (+4.7%), from €44,996 to €47,130
mainly Net result for the year (+€9,237) and Other debts (+€2,561)
- Deferred charges and accrued income -€1,097
down €1,097 (-52.2%), from €2,102 to €1,005
- Financial fixed assets +€1,069
up €1,069 (+13.0%), from €8,210 to €9,279
- Reserves +€9,237
up €9,237 (+442.6%), from €2,087 to €11,323
of which Distributable reserves: +€9,237
- Trade debts -€6,037
down €6,037 (-15.0%), from €40,349 to €34,312
- Other debts +€2,561
up €2,561 (+19.4%), from €13,232 to €15,792
- Accrued charges and deferred income +€2,020
up €2,020 (+206.2%), from €980 to €3,000
- Tax, wage and social debts -€1,589
down €1,589 (-52.5%), from €3,024 to €1,435
of which Remuneration and social security: -€2,939
- Gross operating margin -€2,960
down €2,960 (-15.2%), from €19,419 to €16,459
- Financial charges -€1,095
down €1,095 (-81.0%), from €1,352 to €256
- Depreciation +€809
up €809 (+50.1%), from €1,615 to €2,424
- Staff costs -€788
down €788 (-100.0%), from €788 to €0
- Taxes +€737
up €737 (+183.9%), from €400 to €1,137
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.
Cash bridge derived
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 | €79,671 | €86,145 | +€6,473 | +8.1% |
| Fixed assets | 21/28 | €17,946 | €16,591 | -€1,355 | -7.6% |
| Tangible fixed assets | 22/27 | €9,736 | €7,312 | -€2,424 | -24.9% |
| Land and buildings | 22 | €6,968 | €5,642 | -€1,326 | -19.0% |
| Plant, machinery and equipment | 23 | €2,377 | €1,492 | -€886 | -37.3% |
| Furniture and vehicles | 24 | €390 | €178 | -€212 | -54.4% |
| Financial fixed assets | 28 | €8,210 | €9,279 | +€1,069 | +13.0% |
| Current assets | 29/58 | €61,726 | €69,554 | +€7,829 | +12.7% |
| Stocks and contracts in progress | 3 | €5,801 | €6,168 | +€368 | +6.3% |
| Stocks | 30/36 | €5,801 | €6,168 | +€368 | +6.3% |
| Amounts receivable within one year | 40/41 | €8,827 | €15,251 | +€6,424 | +72.8% |
| Trade receivables | 40 | €1,690 | €10,496 | +€8,806 | +521.2% |
| Other amounts receivable | 41 | €7,137 | €4,755 | -€2,382 | -33.4% |
| Cash at bank and in hand | 54/58 | €44,996 | €47,130 | +€2,134 | +4.7% |
| Deferred charges and accrued income | 490/1 | €2,102 | €1,005 | -€1,097 | -52.2% |
| Total equity and liabilities | 10/49 | €79,671 | €86,145 | +€6,473 | +8.1% |
| Equity | 10/15 | €22,087 | €31,323 | +€9,237 | +41.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,087 | €11,323 | +€9,237 | +442.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,087 | €11,323 | +€9,237 | +442.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €57,585 | €54,821 | -€2,763 | -4.8% |
| Amounts payable within one year | 42/48 | €56,605 | €51,821 | -€4,783 | -8.5% |
| Trade debts | 44 | €40,349 | €34,312 | -€6,037 | -15.0% |
| Suppliers | 440/4 | €40,349 | €34,312 | -€6,037 | -15.0% |
| Advances received on contracts in progress | 46 | - | €282 | +€282 | |
| Taxes, remuneration and social security | 45 | €3,024 | €1,435 | -€1,589 | -52.5% |
| Taxes | 450/3 | €85 | €1,435 | +€1,350 | +1590.4% |
| Remuneration and social security | 454/9 | €2,939 | €0 | -€2,939 | -100.0% |
| Other amounts payable | 47/48 | €13,232 | €15,792 | +€2,561 | +19.4% |
| Accrued charges and deferred income | 492/3 | €980 | €3,000 | +€2,020 | +206.2% |
| Remuneration, social security and pensions | 62 | €788 | €0 | -€788 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,615 | €2,424 | +€809 | +50.1% |
| Other operating charges | 640/8 | €3,774 | €4,325 | +€551 | +14.6% |
| Gross operating margin | 9900 | €19,419 | €16,459 | -€2,960 | -15.2% |
| Operating profit (loss) | 9901 | €13,242 | €9,709 | -€3,533 | -26.7% |
| Financial income | 75/76B | €775 | €921 | +€145 | +18.7% |
| Recurring financial income | 75 | €775 | €921 | +€145 | +18.7% |
| Financial charges | 65/66B | €1,352 | €256 | -€1,095 | -81.0% |
| Recurring financial charges | 65 | €1,352 | €256 | -€1,095 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €12,666 | €10,373 | -€2,292 | -18.1% |
| Income taxes | 67/77 | €400 | €1,137 | +€737 | +183.9% |
| Profit (loss) for the period | 9904 | €12,265 | €9,237 | -€3,029 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,265 | €9,237 | -€3,029 | -24.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.