Paint 2 Create: what changed
Two fiscal 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.
Paint 2 Create
Largest movements
- Stocks and contracts +€12,000
new in 2025: €12,000
- Tangible fixed assets -€9,701
down €9,701 (-39.4%), from €24,646 to €14,945
- Cash -€6,846
down €6,846 (-27.3%), from €25,085 to €18,239
mainly Net result for the year (-€15,602) and Stocks and contracts (-€12,000)
- Receivables within one year -€6,114
down €6,114 (-29.3%), from €20,842 to €14,727
of which Trade receivables: -€9,695
- Profit (loss) carried forward -€15,602
down €15,602 (-42.5%), from €36,685 to €21,084
- Debts after one year -€8,544
down €8,544 (-59.2%), from €14,432 to €5,889
- Accrued charges and deferred income +€8,218
new in 2025: €8,218
- Trade debts +€4,596
new in 2025: €4,596
- Gross operating margin -€38,777
down €38,777, from €34,721 to -€4,055
- Financial charges -€449
down €449 (-33.3%), from €1,347 to €898
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 | €71,423 | €60,955 | -€10,468 | -14.7% |
| Fixed assets | 21/28 | €25,471 | €15,770 | -€9,701 | -38.1% |
| Tangible fixed assets | 22/27 | €24,646 | €14,945 | -€9,701 | -39.4% |
| Furniture and vehicles | 24 | €24,646 | €14,945 | -€9,701 | -39.4% |
| Financial fixed assets | 28 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €45,952 | €45,185 | -€766 | -1.7% |
| Stocks and contracts in progress | 3 | - | €12,000 | +€12,000 | |
| Contracts in progress | 37 | - | €12,000 | +€12,000 | |
| Amounts receivable within one year | 40/41 | €20,842 | €14,727 | -€6,114 | -29.3% |
| Trade receivables | 40 | €19,405 | €9,710 | -€9,695 | -50.0% |
| Other amounts receivable | 41 | €1,436 | €5,017 | +€3,580 | +249.3% |
| Cash at bank and in hand | 54/58 | €25,085 | €18,239 | -€6,846 | -27.3% |
| Deferred charges and accrued income | 490/1 | €25 | €219 | +€194 | +775.5% |
| Total equity and liabilities | 10/49 | €71,423 | €60,955 | -€10,468 | -14.7% |
| Equity | 10/15 | €39,685 | €24,084 | -€15,602 | -39.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,685 | €21,084 | -€15,602 | -42.5% |
| Amounts payable | 17/49 | €31,738 | €36,872 | +€5,134 | +16.2% |
| Amounts payable after more than one year | 17 | €14,432 | €5,889 | -€8,544 | -59.2% |
| Financial debts | 170/4 | €14,432 | €5,889 | -€8,544 | -59.2% |
| Amounts payable within one year | 42/48 | €17,306 | €22,765 | +€5,459 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €8,296 | €8,544 | +€248 | +3.0% |
| Trade debts | 44 | - | €4,596 | +€4,596 | |
| Suppliers | 440/4 | - | €4,596 | +€4,596 | |
| Taxes, remuneration and social security | 45 | €6,600 | €6,600 | = | 0.0% |
| Taxes | 450/3 | €6,600 | €6,600 | = | 0.0% |
| Other amounts payable | 47/48 | €2,410 | €3,026 | +€616 | +25.6% |
| Accrued charges and deferred income | 492/3 | - | €8,218 | +€8,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,701 | €9,701 | = | 0.0% |
| Other operating charges | 640/8 | €985 | €1,060 | +€75 | +7.6% |
| Gross operating margin | 9900 | €34,721 | -€4,055 | -€38,777 | |
| Operating profit (loss) | 9901 | €24,035 | -€14,816 | -€38,851 | |
| Financial income | 75/76B | €48 | €112 | +€64 | +133.9% |
| Recurring financial income | 75 | €48 | €112 | +€64 | +133.9% |
| Financial charges | 65/66B | €1,347 | €898 | -€449 | -33.3% |
| Recurring financial charges | 65 | €1,347 | €898 | -€449 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €22,737 | -€15,602 | -€38,338 | |
| Profit (loss) for the period | 9904 | €22,737 | -€15,602 | -€38,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,737 | -€15,602 | -€38,338 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.