PaintFactory GENT: 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.
PaintFactory GENT
Largest movements
- Receivables within one year -€97,480
down €97,480 (-58.4%), from €166,985 to €69,505
of which Other amounts receivable: -€100,456
- Cash +€85,836
up €85,836 (+41.0%), from €209,338 to €295,174
mainly Net result for the year (+€303,182) and Receivables within one year (+€97,480)
- Tangible fixed assets +€38,675
up €38,675 (+5.4%), from €720,249 to €758,925
of which Land and buildings: +€36,915
- Stocks and contracts +€16,819
up €16,819 (+11.6%), from €144,757 to €161,576
- Debts after one year -€84,099
down €84,099 (-24.9%), from €337,595 to €253,497
- Reserves +€83,182
up €83,182 (+17.6%), from €473,570 to €556,752
- Trade debts -€70,759
down €70,759 (-61.6%), from €114,910 to €44,151
- Other debts +€70,000
up €70,000 (+46.7%), from €150,000 to €220,000
- Tax, wage and social debts +€52,734
up €52,734 (+181%), from €29,176 to €81,910
of which Taxes: +€35,806
- Gross operating margin +€132,076
up €132,076 (+21.3%), from €621,059 to €753,135
- Taxes +€20,368
up €20,368 (+58.5%), from €34,828 to €55,196
- Staff costs -€19,687
down €19,687 (-5.8%), from €338,548 to €318,862
- Depreciation +€12,416
up €12,416 (+37.9%), from €32,732 to €45,148
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 | €1,252,636 | €1,298,747 | +€46,111 | +3.7% |
| Fixed assets | 21/28 | €720,499 | €759,375 | +€38,875 | +5.4% |
| Tangible fixed assets | 22/27 | €720,249 | €758,925 | +€38,675 | +5.4% |
| Land and buildings | 22 | €659,462 | €696,377 | +€36,915 | +5.6% |
| Plant, machinery and equipment | 23 | €60,787 | €62,548 | +€1,761 | +2.9% |
| Financial fixed assets | 28 | €250 | €450 | +€200 | +80.0% |
| Current assets | 29/58 | €532,137 | €539,372 | +€7,236 | +1.4% |
| Amounts receivable after more than one year | 29 | €8,500 | €8,500 | = | 0.0% |
| Other amounts receivable | 291 | €8,500 | €8,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €144,757 | €161,576 | +€16,819 | +11.6% |
| Stocks | 30/36 | €144,757 | €161,576 | +€16,819 | +11.6% |
| Amounts receivable within one year | 40/41 | €166,985 | €69,505 | -€97,480 | -58.4% |
| Trade receivables | 40 | €56,858 | €59,834 | +€2,976 | +5.2% |
| Other amounts receivable | 41 | €110,128 | €9,672 | -€100,456 | -91.2% |
| Cash at bank and in hand | 54/58 | €209,338 | €295,174 | +€85,836 | +41.0% |
| Deferred charges and accrued income | 490/1 | €2,557 | €4,617 | +€2,061 | +80.6% |
| Total equity and liabilities | 10/49 | €1,252,636 | €1,298,747 | +€46,111 | +3.7% |
| Equity | 10/15 | €498,570 | €581,752 | +€83,182 | +16.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €473,570 | €556,752 | +€83,182 | +17.6% |
| Distributable reserves | 133 | €473,570 | €556,752 | +€83,182 | +17.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €754,066 | €716,995 | -€37,071 | -4.9% |
| Amounts payable after more than one year | 17 | €337,595 | €253,497 | -€84,099 | -24.9% |
| Financial debts | 170/4 | €337,595 | €253,497 | -€84,099 | -24.9% |
| Amounts payable within one year | 42/48 | €403,914 | €445,353 | +€41,439 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €80,445 | €82,471 | +€2,026 | +2.5% |
| Financial debts | 43 | €29,383 | €16,821 | -€12,562 | -42.8% |
| Credit institutions | 430/8 | €29,383 | €16,821 | -€12,562 | -42.8% |
| Trade debts | 44 | €114,910 | €44,151 | -€70,759 | -61.6% |
| Suppliers | 440/4 | €114,910 | €44,151 | -€70,759 | -61.6% |
| Taxes, remuneration and social security | 45 | €29,176 | €81,910 | +€52,734 | +181% |
| Taxes | 450/3 | €0 | €35,806 | +€35,806 | |
| Remuneration and social security | 454/9 | €29,176 | €46,104 | +€16,928 | +58.0% |
| Other amounts payable | 47/48 | €150,000 | €220,000 | +€70,000 | +46.7% |
| Accrued charges and deferred income | 492/3 | €12,557 | €18,145 | +€5,588 | +44.5% |
| Remuneration, social security and pensions | 62 | €338,548 | €318,862 | -€19,687 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,732 | €45,148 | +€12,416 | +37.9% |
| Other operating charges | 640/8 | €7,662 | €7,355 | -€307 | -4.0% |
| Gross operating margin | 9900 | €621,059 | €753,135 | +€132,076 | +21.3% |
| Operating profit (loss) | 9901 | €242,116 | €381,771 | +€139,655 | +57.7% |
| Financial income | 75/76B | €3,825 | €1,628 | -€2,197 | -57.4% |
| Recurring financial income | 75 | €3,825 | €1,628 | -€2,197 | -57.4% |
| Financial charges | 65/66B | €24,000 | €25,021 | +€1,021 | +4.3% |
| Recurring financial charges | 65 | €24,000 | €25,021 | +€1,021 | +4.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €221,941 | €358,378 | +€136,437 | +61.5% |
| Income taxes | 67/77 | €34,828 | €55,196 | +€20,368 | +58.5% |
| Profit (loss) for the period | 9904 | €187,113 | €303,182 | +€116,069 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €187,113 | €303,182 | +€116,069 | +62.0% |
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 16 October 2026 via checked.be.