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
- Cash -€32,802
down €32,802 (-35.7%), from €91,975 to €59,173
mainly Contributions, distributions and other (-€200,000) and Trade debts (-€26,582)
- Receivables within one year -€6,114
down €6,114 (-20.7%), from €29,546 to €23,432
of which Trade receivables: -€10,370
- Other debts +€50,000
up €50,000 (+101%), from €49,676 to €99,676
- Reserves -€48,711
down €48,711 (-16.2%), from €301,143 to €252,432
of which Distributable reserves: -€48,711
- Trade debts -€26,582
down €26,582 (-18.8%), from €141,695 to €115,113
- Tax, wage and social debts -€14,544
down €14,544 (-96.4%), from €15,093 to €550
- Financial income +€99,100
up €99,100 (+195%), from €50,901 to €150,001
- Gross operating margin -€72,192
down €72,192 (-86.4%), from €83,576 to €11,384
- Taxes -€14,668
down €14,668 (-97.1%), from €15,113 to €444
- Depreciation -€3,586
down €3,586 (-30.2%), from €11,862 to €8,276
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 | €549,158 | €503,329 | -€45,830 | -8.3% |
| Fixed assets | 21/28 | €380,271 | €375,001 | -€5,270 | -1.4% |
| Tangible fixed assets | 22/27 | €30,271 | €25,001 | -€5,270 | -17.4% |
| Plant, machinery and equipment | 23 | €30,271 | €25,001 | -€5,270 | -17.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €168,887 | €128,327 | -€40,560 | -24.0% |
| Stocks and contracts in progress | 3 | €47,366 | €45,722 | -€1,644 | -3.5% |
| Stocks | 30/36 | €47,366 | €45,722 | -€1,644 | -3.5% |
| Amounts receivable within one year | 40/41 | €29,546 | €23,432 | -€6,114 | -20.7% |
| Trade receivables | 40 | €22,816 | €12,446 | -€10,370 | -45.5% |
| Other amounts receivable | 41 | €6,729 | €10,986 | +€4,257 | +63.3% |
| Cash at bank and in hand | 54/58 | €91,975 | €59,173 | -€32,802 | -35.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €549,158 | €503,329 | -€45,830 | -8.3% |
| Equity | 10/15 | €328,143 | €279,432 | -€48,711 | -14.8% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Reserves | 13 | €301,143 | €252,432 | -€48,711 | -16.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €301,143 | €252,432 | -€48,711 | -16.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €221,016 | €223,896 | +€2,881 | +1.3% |
| Amounts payable after more than one year | 17 | €2,183 | €0 | -€2,183 | -100% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €2,183 | €0 | -€2,183 | -100% |
| Amounts payable within one year | 42/48 | €218,832 | €223,896 | +€5,064 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €3,811 | €0 | -€3,811 | -100% |
| Trade debts | 44 | €141,695 | €115,113 | -€26,582 | -18.8% |
| Suppliers | 440/4 | €141,695 | €115,113 | -€26,582 | -18.8% |
| Advances received on contracts in progress | 46 | €8,557 | €8,557 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,093 | €550 | -€14,544 | -96.4% |
| Taxes | 450/3 | €15,093 | €550 | -€14,544 | -96.4% |
| Other amounts payable | 47/48 | €49,676 | €99,676 | +€50,000 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,862 | €8,276 | -€3,586 | -30.2% |
| Other operating charges | 640/8 | €1,330 | €904 | -€426 | -32.0% |
| Gross operating margin | 9900 | €83,576 | €11,384 | -€72,192 | -86.4% |
| Operating profit (loss) | 9901 | €70,385 | €2,204 | -€68,181 | -96.9% |
| Financial income | 75/76B | €50,901 | €150,001 | +€99,100 | +195% |
| Recurring financial income | 75 | €50,901 | €150,001 | +€99,100 | +195% |
| Financial charges | 65/66B | €644 | €471 | -€173 | -26.8% |
| Recurring financial charges | 65 | €644 | €471 | -€173 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €120,641 | €151,734 | +€31,092 | +25.8% |
| Income taxes | 67/77 | €15,113 | €444 | -€14,668 | -97.1% |
| Profit (loss) for the period | 9904 | €105,529 | €151,289 | +€45,761 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €105,529 | €151,289 | +€45,761 | +43.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.