PAINT HOUSE: 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.
What changed
PAINT HOUSE
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€49,011
2024 · -€446,238+€495,249
Equity
€79,678
2024 · €30,667+€49,011
Cash
€62,413
2024 · €19,221+€43,192
Balance sheet total
€320,014
2024 · €265,702+€54,312
Largest movements
Assets
- Cash +€43,192
up €43,192 (+225%), from €19,221 to €62,413
mainly Net result for the year (+€49,011) and Trade debts (+€4,313)
- Receivables within one year +€7,677
up €7,677 (+3.3%), from €232,518 to €240,195
of which Other amounts receivable: +€9,646
- Deferred charges and accrued income +€5,144
up €5,144 (+52.3%), from €9,843 to €14,987
Equity and liabilities
- Profit (loss) carried forward +€49,011
up €49,011 (+13.2%), from -€370,547 to -€321,536
- Trade debts +€4,313
up €4,313 (+8.0%), from €53,781 to €58,094
Income statement
- Other operating income +€62,073
up €62,073 (+1,560%), from €3,980 to €66,053
- Turnover +€56,301
up €56,301 (+6.7%), from €835,116 to €891,417
- Write-downs +€48,483
no longer reported in 2025 (was -€48,483)
- Services and other goods +€36,236
up €36,236 (+21.0%), from €172,156 to €208,392
- Goods and materials +€17,586
up €17,586 (+3.3%), from €526,364 to €543,950
of which Purchases: +€66,069
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.
Result 2024
-€446,238
Turnover
+€56,301
Other operating income
+€62,073
Goods and materials
-€17,586
Services and other goods
-€36,236
Staff costs
+€6,944
Depreciation
+€3,550
Write-downs
-€48,483
Other operating charges
+€731
Other operating items
+€451,376
Financial income
+€5,518
Financial charges
+€11,045
Taxes
+€16
Result 2025
€49,011
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€43,192
Investment
€0
Financing
€0
Cash 2024
€19,221
From operations (derived)
+€43,192
Net result for the year
+€49,011
Depreciation
+€1,701
Receivables within one year
-€7,677
Deferred charges and accrued income
-€5,144
Trade debts
+€4,313
Tax, wage and social debts
-€686
Accrued charges and deferred income
+€1,674
Cash 2025
€62,413
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,702 | €320,014 | +€54,312 | +20.4% |
| Fixed assets | 21/28 | €4,120 | €2,419 | -€1,701 | -41.3% |
| Tangible fixed assets | 22/27 | €4,120 | €2,419 | -€1,701 | -41.3% |
| Land and buildings | 22 | €2,715 | €1,358 | -€1,357 | -50.0% |
| Plant, machinery and equipment | 23 | €1,405 | €1,061 | -€344 | -24.5% |
| Current assets | 29/58 | €261,582 | €317,595 | +€56,013 | +21.4% |
| Amounts receivable within one year | 40/41 | €232,518 | €240,195 | +€7,677 | +3.3% |
| Trade receivables | 40 | €40,955 | €38,986 | -€1,969 | -4.8% |
| Other amounts receivable | 41 | €191,563 | €201,209 | +€9,646 | +5.0% |
| Cash at bank and in hand | 54/58 | €19,221 | €62,413 | +€43,192 | +225% |
| Deferred charges and accrued income | 490/1 | €9,843 | €14,987 | +€5,144 | +52.3% |
| Total equity and liabilities | 10/49 | €265,702 | €320,014 | +€54,312 | +20.4% |
| Equity | 10/15 | €30,667 | €79,678 | +€49,011 | +160% |
| Contributions | 10/11 | €378,225 | €378,225 | = | 0.0% |
| Capital | 10 | €378,225 | €378,225 | = | 0.0% |
| Issued capital | 100 | €378,225 | €378,225 | = | 0.0% |
| Reserves | 13 | €22,989 | €22,989 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,989 | €6,150 | -€16,839 | -73.2% |
| Legal reserve | 130 | €22,989 | €6,150 | -€16,839 | -73.2% |
| Distributable reserves | 133 | - | €16,839 | +€16,839 | |
| Profit (loss) carried forward | 14 | -€370,547 | -€321,536 | +€49,011 | +13.2% |
| Amounts payable | 17/49 | €235,035 | €240,336 | +€5,301 | +2.3% |
| Amounts payable within one year | 42/48 | €235,035 | €238,662 | +€3,627 | +1.5% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €53,781 | €58,094 | +€4,313 | +8.0% |
| Suppliers | 440/4 | €53,781 | €58,094 | +€4,313 | +8.0% |
| Taxes, remuneration and social security | 45 | €31,254 | €30,568 | -€686 | -2.2% |
| Taxes | 450/3 | €10,455 | €13,763 | +€3,308 | +31.6% |
| Remuneration and social security | 454/9 | €20,799 | €16,805 | -€3,994 | -19.2% |
| Accrued charges and deferred income | 492/3 | - | €1,674 | +€1,674 | |
| Operating income | 70/76A | €840,962 | €957,470 | +€116,508 | +13.9% |
| Turnover | 70 | €835,116 | €891,417 | +€56,301 | +6.7% |
| Other operating income | 74 | €3,980 | €66,053 | +€62,073 | +1,560% |
| Non-recurring operating income | 76A | €1,866 | - | -€1,866 | |
| Operating charges | 60/66A | €1,265,097 | €902,935 | -€362,162 | -28.6% |
| Goods for resale, raw materials and consumables | 60 | €526,364 | €543,950 | +€17,586 | +3.3% |
| Purchases | 600/8 | €477,881 | €543,950 | +€66,069 | +13.8% |
| Change in stocks: decrease (increase) | 609 | €48,483 | - | -€48,483 | |
| Services and other goods | 61 | €172,156 | €208,392 | +€36,236 | +21.0% |
| Remuneration, social security and pensions | 62 | €153,566 | €146,622 | -€6,944 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,251 | €1,701 | -€3,550 | -67.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€48,483 | - | +€48,483 | |
| Other operating charges | 640/8 | €3,001 | €2,270 | -€731 | -24.4% |
| Non-recurring operating charges | 66A | €453,242 | - | -€453,242 | |
| Operating profit (loss) | 9901 | -€424,135 | €54,535 | +€478,670 | |
| Financial income | 75/76B | - | €5,518 | +€5,518 | |
| Recurring financial income | 75 | - | €5,518 | +€5,518 | |
| Income from current assets | 751 | - | €5,458 | +€5,458 | |
| Other financial income | 752/9 | - | €60 | +€60 | |
| Financial charges | 65/66B | €21,733 | €10,688 | -€11,045 | -50.8% |
| Recurring financial charges | 65 | €21,733 | €10,688 | -€11,045 | -50.8% |
| Debt charges | 650 | €18,804 | €7,179 | -€11,625 | -61.8% |
| Other financial charges | 652/9 | €2,929 | €3,509 | +€580 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | -€445,868 | €49,365 | +€495,233 | |
| Income taxes | 67/77 | €370 | €354 | -€16 | -4.3% |
| Taxes | 670/3 | €370 | €354 | -€16 | -4.3% |
| Profit (loss) for the period | 9904 | -€446,238 | €49,011 | +€495,249 | |
| Profit (loss) for the period to be appropriated | 9905 | -€446,238 | €49,011 | +€495,249 |
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 27 October 2026 via checked.be.