PAINT-IT: 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-IT
Largest movements
- Receivables within one year -€17,469
down €17,469 (-55.9%), from €31,277 to €13,809
of which Trade receivables: -€15,239
- Tangible fixed assets -€10,270
down €10,270 (-82.2%), from €12,494 to €2,224
of which Furniture and vehicles: -€10,070
- Advances received -€14,410
no longer reported in 2025 (was €14,410)
- Other debts -€10,422
down €10,422 (-65.4%), from €15,946 to €5,524
- Profit (loss) carried forward +€4,759
up €4,759 (+15.9%), from €29,923 to €34,682
- Debts after one year -€4,016
no longer reported in 2025 (was €4,016)
- Current portion of long-term debt -€2,823
down €2,823 (-41.3%), from €6,839 to €4,016
- Financial charges +€17,836
up €17,836 (+10688.9%), from €167 to €18,002
of which Non-recurring financial charges: +€15,446
- Gross operating margin -€9,371
down €9,371 (-30.4%), from €30,816 to €21,445
- Depreciation -€6,609
down €6,609 (-88.6%), from €7,456 to €846
- Financial income +€4,628
up €4,628 (+1128863.4%), from €0 to €4,629
of which Non-recurring financial income: +€4,525
- Other operating charges -€1,355
down €1,355 (-56.8%), from €2,387 to €1,032
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 | €104,750 | €77,159 | -€27,591 | -26.3% |
| Fixed assets | 21/28 | €12,701 | €2,431 | -€10,270 | -80.9% |
| Tangible fixed assets | 22/27 | €12,494 | €2,224 | -€10,270 | -82.2% |
| Plant, machinery and equipment | 23 | €200 | - | -€200 | |
| Furniture and vehicles | 24 | €12,294 | €2,224 | -€10,070 | -81.9% |
| Financial fixed assets | 28 | €207 | €207 | = | 0.0% |
| Current assets | 29/58 | €92,049 | €74,728 | -€17,321 | -18.8% |
| Amounts receivable within one year | 40/41 | €31,277 | €13,809 | -€17,469 | -55.9% |
| Trade receivables | 40 | €29,048 | €13,809 | -€15,239 | -52.5% |
| Other amounts receivable | 41 | €2,230 | - | -€2,230 | |
| Cash at bank and in hand | 54/58 | €60,772 | €60,920 | +€148 | +0.2% |
| Total equity and liabilities | 10/49 | €104,750 | €77,159 | -€27,591 | -26.3% |
| Equity | 10/15 | €50,383 | €55,142 | +€4,759 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,923 | €34,682 | +€4,759 | +15.9% |
| Amounts payable | 17/49 | €54,367 | €22,017 | -€32,349 | -59.5% |
| Amounts payable after more than one year | 17 | €4,016 | - | -€4,016 | |
| Financial debts | 170/4 | €4,016 | - | -€4,016 | |
| Amounts payable within one year | 42/48 | €50,351 | €22,017 | -€28,334 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | €6,839 | €4,016 | -€2,823 | -41.3% |
| Trade debts | 44 | €8,470 | €8,437 | -€33 | -0.4% |
| Suppliers | 440/4 | €8,470 | €8,437 | -€33 | -0.4% |
| Advances received on contracts in progress | 46 | €14,410 | - | -€14,410 | |
| Taxes, remuneration and social security | 45 | €4,685 | €4,041 | -€645 | -13.8% |
| Taxes | 450/3 | €4,685 | €4,041 | -€645 | -13.8% |
| Other amounts payable | 47/48 | €15,946 | €5,524 | -€10,422 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,456 | €846 | -€6,609 | -88.6% |
| Other operating charges | 640/8 | €2,387 | €1,032 | -€1,355 | -56.8% |
| Gross operating margin | 9900 | €30,816 | €21,445 | -€9,371 | -30.4% |
| Operating profit (loss) | 9901 | €20,973 | €19,566 | -€1,407 | -6.7% |
| Financial income | 75/76B | €0 | €4,629 | +€4,628 | +1128863.4% |
| Recurring financial income | 75 | €0 | €104 | +€103 | +25234.1% |
| Non-recurring financial income | 76B | - | €4,525 | +€4,525 | |
| Financial charges | 65/66B | €167 | €18,002 | +€17,836 | +10688.9% |
| Recurring financial charges | 65 | €167 | €2,556 | +€2,389 | +1432.0% |
| Non-recurring financial charges | 66B | - | €15,446 | +€15,446 | |
| Profit (loss) for the period before taxes | 9903 | €20,806 | €6,192 | -€14,614 | -70.2% |
| Income taxes | 67/77 | €2,006 | €1,434 | -€572 | -28.5% |
| Profit (loss) for the period | 9904 | €18,801 | €4,759 | -€14,042 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,801 | €4,759 | -€14,042 | -74.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.