PAINT-XTRA: 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-XTRA
Largest movements
- Receivables within one year +€60,056
up €60,056 (+55.0%), from €109,265 to €169,321
of which Trade receivables: +€57,965
- Reserves +€48,387
up €48,387 (+47.0%), from €102,962 to €151,349
- Tax, wage and social debts +€16,081
up €16,081 (+247%), from €6,500 to €22,581
- Trade debts -€3,564
down €3,564 (-34.0%), from €10,474 to €6,910
- Gross operating margin +€52,268
up €52,268 (+258%), from €20,267 to €72,534
- Taxes +€15,301
up €15,301 (+235%), from €6,500 to €21,801
- Depreciation -€1,460
down €1,460 (-67.4%), from €2,167 to €706
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 | €138,535 | €199,439 | +€60,904 | +44.0% |
| Fixed assets | 21/28 | €706 | - | -€706 | |
| Tangible fixed assets | 22/27 | €706 | - | -€706 | |
| Furniture and vehicles | 24 | €706 | - | -€706 | |
| Current assets | 29/58 | €137,829 | €199,439 | +€61,610 | +44.7% |
| Amounts receivable within one year | 40/41 | €109,265 | €169,321 | +€60,056 | +55.0% |
| Trade receivables | 40 | €105,902 | €163,866 | +€57,965 | +54.7% |
| Other amounts receivable | 41 | €3,363 | €5,455 | +€2,092 | +62.2% |
| Cash at bank and in hand | 54/58 | €28,564 | €30,118 | +€1,554 | +5.4% |
| Total equity and liabilities | 10/49 | €138,535 | €199,439 | +€60,904 | +44.0% |
| Equity | 10/15 | €121,562 | €169,949 | +€48,387 | +39.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,962 | €151,349 | +€48,387 | +47.0% |
| Distributable reserves | 133 | €102,962 | €151,349 | +€48,387 | +47.0% |
| Amounts payable | 17/49 | €16,974 | €29,490 | +€12,516 | +73.7% |
| Amounts payable within one year | 42/48 | €16,974 | €29,490 | +€12,516 | +73.7% |
| Trade debts | 44 | €10,474 | €6,910 | -€3,564 | -34.0% |
| Suppliers | 440/4 | €10,474 | €6,910 | -€3,564 | -34.0% |
| Taxes, remuneration and social security | 45 | €6,500 | €22,581 | +€16,081 | +247% |
| Taxes | 450/3 | €6,500 | €22,581 | +€16,081 | +247% |
| Remuneration, social security and pensions | 62 | - | €484 | +€484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,167 | €706 | -€1,460 | -67.4% |
| Other operating charges | 640/8 | €932 | €956 | +€24 | +2.6% |
| Gross operating margin | 9900 | €20,267 | €72,534 | +€52,268 | +258% |
| Operating profit (loss) | 9901 | €17,168 | €70,388 | +€53,220 | +310% |
| Financial income | 75/76B | €0 | €16 | +€16 | +31,640% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +31,640% |
| Financial charges | 65/66B | €105 | €216 | +€111 | +105% |
| Recurring financial charges | 65 | €105 | €216 | +€111 | +105% |
| Profit (loss) for the period before taxes | 9903 | €17,063 | €70,188 | +€53,125 | +311% |
| Income taxes | 67/77 | €6,500 | €21,801 | +€15,301 | +235% |
| Profit (loss) for the period | 9904 | €10,563 | €48,387 | +€37,824 | +358% |
| Profit (loss) for the period to be appropriated | 9905 | €10,563 | €48,387 | +€37,824 | +358% |
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.