PAINT TRADE CENTRE: 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 TRADE CENTRE
Largest movements
- Receivables within one year -€31,131
down €31,131 (-63.9%), from €48,728 to €17,597
of which Trade receivables: -€16,487
- Cash +€25,570
up €25,570 (+14.1%), from €181,864 to €207,434
mainly Net result for the year (+€74,170) and Receivables within one year (+€31,131)
- Reserves +€74,170
up €74,170 (+849%), from €8,738 to €82,908
- Other debts -€58,827
down €58,827 (-40.3%), from €145,872 to €87,045
- Trade debts -€32,787
down €32,787 (-40.2%), from €81,512 to €48,725
- Tax, wage and social debts +€13,864
up €13,864 (+30.6%), from €45,239 to €59,102
of which Taxes: +€18,027
- Gross operating margin +€100,293
up €100,293 (+38.2%), from €262,853 to €363,146
- Staff costs -€48,386
down €48,386 (-16.3%), from €297,164 to €248,778
- Taxes +€18,802
up €18,802 (+5,286%), from €356 to €19,158
- Depreciation -€7,573
down €7,573 (-80.8%), from €9,371 to €1,798
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 | €593,187 | €585,867 | -€7,321 | -1.2% |
| Fixed assets | 21/28 | €7,198 | €2,072 | -€5,125 | -71.2% |
| Tangible fixed assets | 22/27 | €6,948 | €1,822 | -€5,125 | -73.8% |
| Plant, machinery and equipment | 23 | €2,023 | €1,273 | -€750 | -37.1% |
| Furniture and vehicles | 24 | €4,924 | €550 | -€4,375 | -88.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €585,990 | €583,794 | -€2,196 | -0.4% |
| Stocks and contracts in progress | 3 | €351,628 | €356,183 | +€4,555 | +1.3% |
| Stocks | 30/36 | €351,628 | €356,183 | +€4,555 | +1.3% |
| Amounts receivable within one year | 40/41 | €48,728 | €17,597 | -€31,131 | -63.9% |
| Trade receivables | 40 | €34,084 | €17,597 | -€16,487 | -48.4% |
| Other amounts receivable | 41 | €14,644 | - | -€14,644 | |
| Cash at bank and in hand | 54/58 | €181,864 | €207,434 | +€25,570 | +14.1% |
| Deferred charges and accrued income | 490/1 | €3,770 | €2,580 | -€1,190 | -31.6% |
| Total equity and liabilities | 10/49 | €593,187 | €585,867 | -€7,321 | -1.2% |
| Equity | 10/15 | €316,554 | €390,724 | +€74,170 | +23.4% |
| Contributions | 10/11 | €80,690 | €80,690 | = | 0.0% |
| Reserves | 13 | €8,738 | €82,908 | +€74,170 | +849% |
| Distributable reserves | 133 | €8,738 | €82,908 | +€74,170 | +849% |
| Profit (loss) carried forward | 14 | €227,126 | €227,126 | = | 0.0% |
| Amounts payable | 17/49 | €276,633 | €195,142 | -€81,491 | -29.5% |
| Amounts payable within one year | 42/48 | €276,633 | €195,142 | -€81,491 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €4,011 | - | -€4,011 | |
| Trade debts | 44 | €81,512 | €48,725 | -€32,787 | -40.2% |
| Suppliers | 440/4 | €81,512 | €48,725 | -€32,787 | -40.2% |
| Advances received on contracts in progress | 46 | - | €270 | +€270 | |
| Taxes, remuneration and social security | 45 | €45,239 | €59,102 | +€13,864 | +30.6% |
| Taxes | 450/3 | €11,835 | €29,862 | +€18,027 | +152% |
| Remuneration and social security | 454/9 | €33,404 | €29,241 | -€4,163 | -12.5% |
| Other amounts payable | 47/48 | €145,872 | €87,045 | -€58,827 | -40.3% |
| Non-recurring operating income | 76A | - | €8,773 | +€8,773 | |
| Remuneration, social security and pensions | 62 | €297,164 | €248,778 | -€48,386 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,371 | €1,798 | -€7,573 | -80.8% |
| Other operating charges | 640/8 | €10,624 | €10,577 | -€47 | -0.4% |
| Gross operating margin | 9900 | €262,853 | €363,146 | +€100,293 | +38.2% |
| Operating profit (loss) | 9901 | -€54,305 | €101,994 | +€156,300 | |
| Financial income | 75/76B | €2,286 | €995 | -€1,291 | -56.5% |
| Recurring financial income | 75 | €2,286 | €995 | -€1,291 | -56.5% |
| Financial charges | 65/66B | €6,419 | €9,661 | +€3,242 | +50.5% |
| Recurring financial charges | 65 | €6,419 | €9,661 | +€3,242 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | -€58,438 | €93,328 | +€151,766 | |
| Income taxes | 67/77 | €356 | €19,158 | +€18,802 | +5,286% |
| Profit (loss) for the period | 9904 | -€58,794 | €74,170 | +€132,964 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,794 | €74,170 | +€132,964 |
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 24 October 2026 via checked.be.