paint AVenue: 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.
paint AVenue
Largest movements
- Receivables within one year -€26,949
down €26,949 (-55.4%), from €48,601 to €21,652
of which Trade receivables: -€25,765
- Tangible fixed assets -€10,567
down €10,567 (-22.3%), from €47,361 to €36,794
of which Plant, machinery and equipment: -€6,281
- Cash -€8,939
down €8,939 (-21.1%), from €42,449 to €33,510
mainly Debts after one year (-€25,049) and Current portion of long-term debt (-€15,423)
- Stocks and contracts +€4,358
up €4,358 (+5.5%), from €79,185 to €83,543
- Debts after one year -€25,049
down €25,049 (-70.8%), from €35,386 to €10,337
- Current portion of long-term debt -€15,423
down €15,423 (-38.1%), from €40,472 to €25,049
- Profit (loss) carried forward +€5,264
up €5,264 (+293%), from €1,795 to €7,060
- Other debts -€2,807
down €2,807 (-57.0%), from €4,925 to €2,118
- Tax, wage and social debts -€2,496
down €2,496 (-14.4%), from €17,288 to €14,792
of which Remuneration and social security: -€1,676
- Staff costs -€23,768
down €23,768 (-51.1%), from €46,503 to €22,736
- Gross operating margin -€18,018
down €18,018 (-27.2%), from €66,152 to €48,134
- Financial income +€1,459
up €1,459 (+51.8%), from €2,815 to €4,274
- Taxes +€1,283
up €1,283 (+75.8%), from €1,693 to €2,976
- Other operating charges +€1,274
up €1,274 (+51.6%), from €2,467 to €3,741
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 | €229,920 | €187,636 | -€42,284 | -18.4% |
| Fixed assets | 21/28 | €47,526 | €36,959 | -€10,567 | -22.2% |
| Tangible fixed assets | 22/27 | €47,361 | €36,794 | -€10,567 | -22.3% |
| Plant, machinery and equipment | 23 | €31,834 | €25,552 | -€6,281 | -19.7% |
| Furniture and vehicles | 24 | €816 | €981 | +€165 | +20.3% |
| Other tangible fixed assets | 26 | €14,712 | €10,261 | -€4,451 | -30.3% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €182,394 | €150,677 | -€31,717 | -17.4% |
| Stocks and contracts in progress | 3 | €79,185 | €83,543 | +€4,358 | +5.5% |
| Stocks | 30/36 | €79,185 | €83,543 | +€4,358 | +5.5% |
| Amounts receivable within one year | 40/41 | €48,601 | €21,652 | -€26,949 | -55.4% |
| Trade receivables | 40 | €41,531 | €15,765 | -€25,765 | -62.0% |
| Other amounts receivable | 41 | €7,070 | €5,887 | -€1,184 | -16.7% |
| Cash at bank and in hand | 54/58 | €42,449 | €33,510 | -€8,939 | -21.1% |
| Deferred charges and accrued income | 490/1 | €12,159 | €11,972 | -€187 | -1.5% |
| Total equity and liabilities | 10/49 | €229,920 | €187,636 | -€42,284 | -18.4% |
| Equity | 10/15 | €58,795 | €64,060 | +€5,264 | +9.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,795 | €7,060 | +€5,264 | +293% |
| Amounts payable | 17/49 | €171,124 | €123,576 | -€47,548 | -27.8% |
| Amounts payable after more than one year | 17 | €35,386 | €10,337 | -€25,049 | -70.8% |
| Financial debts | 170/4 | €35,386 | €10,337 | -€25,049 | -70.8% |
| Amounts payable within one year | 42/48 | €135,246 | €113,239 | -€22,007 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €40,472 | €25,049 | -€15,423 | -38.1% |
| Trade debts | 44 | €71,855 | €71,184 | -€671 | -0.9% |
| Suppliers | 440/4 | €71,855 | €71,184 | -€671 | -0.9% |
| Advances received on contracts in progress | 46 | €706 | €96 | -€610 | -86.4% |
| Taxes, remuneration and social security | 45 | €17,288 | €14,792 | -€2,496 | -14.4% |
| Taxes | 450/3 | €13,860 | €13,040 | -€820 | -5.9% |
| Remuneration and social security | 454/9 | €3,428 | €1,752 | -€1,676 | -48.9% |
| Other amounts payable | 47/48 | €4,925 | €2,118 | -€2,807 | -57.0% |
| Accrued charges and deferred income | 492/3 | €492 | €0 | -€492 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €46,503 | €22,736 | -€23,768 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,315 | €11,581 | +€1,266 | +12.3% |
| Other operating charges | 640/8 | €2,467 | €3,741 | +€1,274 | +51.6% |
| Non-recurring operating charges | 66A | €25 | €183 | +€158 | +632% |
| Gross operating margin | 9900 | €66,152 | €48,134 | -€18,018 | -27.2% |
| Operating profit (loss) | 9901 | €6,842 | €9,893 | +€3,052 | +44.6% |
| Financial income | 75/76B | €2,815 | €4,274 | +€1,459 | +51.8% |
| Recurring financial income | 75 | €2,815 | €4,274 | +€1,459 | +51.8% |
| Financial charges | 65/66B | €4,918 | €4,262 | -€656 | -13.3% |
| Recurring financial charges | 65 | €4,918 | €4,262 | -€656 | -13.3% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €4,739 | €9,906 | +€5,167 | +109% |
| Income taxes | 67/77 | €1,693 | €2,976 | +€1,283 | +75.8% |
| Profit (loss) for the period | 9904 | €3,046 | €6,930 | +€3,884 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €3,046 | €6,930 | +€3,884 | +128% |
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 28 October 2026 via checked.be.