Paint Service: 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 Service
Largest movements
- Receivables within one year -€75,635
down €75,635 (-24.7%), from €306,334 to €230,699
of which Other amounts receivable: -€50,447
- Tangible fixed assets +€38,335
up €38,335 (+61.2%), from €62,608 to €100,943
of which Plant, machinery and equipment: +€40,935
- Stocks and contracts -€16,689
down €16,689 (-4.3%), from €392,430 to €375,741
- Profit (loss) carried forward -€39,563
down €39,563 (-21.1%), from €187,315 to €147,752
- Trade debts -€14,417
down €14,417 (-4.5%), from €318,050 to €303,633
- Tax, wage and social debts -€11,923
down €11,923 (-97.2%), from €12,262 to €339
- Staff costs -€83,664
down €83,664 (-12.5%), from €666,908 to €583,244
- Depreciation -€19,922
down €19,922 (-40.5%), from €49,244 to €29,322
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 | €811,484 | €750,048 | -€61,436 | -7.6% |
| Fixed assets | 21/28 | €63,411 | €101,746 | +€38,335 | +60.5% |
| Tangible fixed assets | 22/27 | €62,608 | €100,943 | +€38,335 | +61.2% |
| Land and buildings | 22 | €21,385 | €18,954 | -€2,431 | -11.4% |
| Plant, machinery and equipment | 23 | €27,283 | €68,218 | +€40,935 | +150% |
| Furniture and vehicles | 24 | €13,940 | €13,771 | -€169 | -1.2% |
| Financial fixed assets | 28 | €803 | €803 | = | 0.0% |
| Current assets | 29/58 | €748,073 | €648,302 | -€99,771 | -13.3% |
| Stocks and contracts in progress | 3 | €392,430 | €375,741 | -€16,689 | -4.3% |
| Stocks | 30/36 | €392,430 | €375,741 | -€16,689 | -4.3% |
| Amounts receivable within one year | 40/41 | €306,334 | €230,699 | -€75,635 | -24.7% |
| Trade receivables | 40 | €255,887 | €230,699 | -€25,188 | -9.8% |
| Other amounts receivable | 41 | €50,447 | - | -€50,447 | |
| Cash at bank and in hand | 54/58 | €49,309 | €41,862 | -€7,447 | -15.1% |
| Total equity and liabilities | 10/49 | €811,484 | €750,048 | -€61,436 | -7.6% |
| Equity | 10/15 | €465,639 | €426,076 | -€39,563 | -8.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €203,324 | €203,324 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €195,824 | €195,824 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,315 | €147,752 | -€39,563 | -21.1% |
| Amounts payable | 17/49 | €345,845 | €323,972 | -€21,873 | -6.3% |
| Amounts payable within one year | 42/48 | €345,845 | €323,972 | -€21,873 | -6.3% |
| Trade debts | 44 | €318,050 | €303,633 | -€14,417 | -4.5% |
| Suppliers | 440/4 | €318,050 | €303,633 | -€14,417 | -4.5% |
| Taxes, remuneration and social security | 45 | €12,262 | €339 | -€11,923 | -97.2% |
| Remuneration and social security | 454/9 | €12,262 | €339 | -€11,923 | -97.2% |
| Other amounts payable | 47/48 | €15,533 | €20,000 | +€4,467 | +28.8% |
| Remuneration, social security and pensions | 62 | €666,908 | €583,244 | -€83,664 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,244 | €29,322 | -€19,922 | -40.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €6,178 | €4,064 | -€2,114 | -34.2% |
| Non-recurring operating charges | 66A | €78 | €2,037 | +€1,959 | +2,512% |
| Gross operating margin | 9900 | €557,075 | €557,622 | +€547 | +0.1% |
| Operating profit (loss) | 9901 | -€165,333 | -€61,045 | +€104,288 | +63.1% |
| Financial income | 75/76B | €25,582 | €20,012 | -€5,570 | -21.8% |
| Recurring financial income | 75 | €25,582 | €20,012 | -€5,570 | -21.8% |
| Financial charges | 65/66B | €350 | €1,864 | +€1,514 | +433% |
| Recurring financial charges | 65 | €350 | €1,864 | +€1,514 | +433% |
| Profit (loss) for the period before taxes | 9903 | -€140,101 | -€42,897 | +€97,204 | +69.4% |
| Profit (loss) for the period | 9904 | -€140,101 | -€42,897 | +€97,204 | +69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€140,101 | -€42,897 | +€97,204 | +69.4% |
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 17 October 2026 via checked.be.