PAINTING PROJECTS: what changed
Two fiscal 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.
PAINTING PROJECTS
Largest movements
- Current investments +€5,000
up €5,000 (+5.9%), from €85,000 to €90,000
- Receivables within one year -€1,779
down €1,779 (-71.3%), from €2,494 to €715
- Cash -€1,549
down €1,549 (-35.6%), from €4,345 to €2,796
mainly Contributions, distributions and other (-€40,000) and Current investments (-€5,000)
- Trade debts +€4,167
up €4,167 (+7625.0%), from €55 to €4,222
- Tax, wage and social debts -€1,954
down €1,954 (-30.9%), from €6,317 to €4,363
of which Taxes: -€1,954
- Depreciation -€4,647
down €4,647 (-94.6%), from €4,914 to €267
- Gross operating margin -€3,554
down €3,554 (-6.1%), from €58,264 to €54,710
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.
Cash bridge derived
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 | €99,361 | €100,639 | +€1,279 | +1.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,168 | €901 | -€267 | -22.9% |
| Tangible fixed assets | 22/27 | €1,168 | €901 | -€267 | -22.9% |
| Plant, machinery and equipment | 23 | €1,168 | €901 | -€267 | -22.9% |
| Current assets | 29/58 | €98,192 | €99,738 | +€1,546 | +1.6% |
| Stocks and contracts in progress | 3 | €4,889 | €4,613 | -€275 | -5.6% |
| Stocks | 30/36 | €4,889 | €4,613 | -€275 | -5.6% |
| Amounts receivable within one year | 40/41 | €2,494 | €715 | -€1,779 | -71.3% |
| Other amounts receivable | 41 | €2,494 | €715 | -€1,779 | -71.3% |
| Current investments | 50/53 | €85,000 | €90,000 | +€5,000 | +5.9% |
| Cash at bank and in hand | 54/58 | €4,345 | €2,796 | -€1,549 | -35.6% |
| Deferred charges and accrued income | 490/1 | €1,465 | €1,614 | +€149 | +10.2% |
| Total equity and liabilities | 10/49 | €99,361 | €100,639 | +€1,279 | +1.3% |
| Equity | 10/15 | €50,517 | €50,293 | -€224 | -0.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €44,000 | €44,000 | = | 0.0% |
| Distributable reserves | 133 | €44,000 | €44,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €517 | €293 | -€224 | -43.2% |
| Amounts payable | 17/49 | €48,844 | €50,346 | +€1,502 | +3.1% |
| Amounts payable within one year | 42/48 | €48,518 | €50,051 | +€1,533 | +3.2% |
| Trade debts | 44 | €55 | €4,222 | +€4,167 | +7625.0% |
| Suppliers | 440/4 | €55 | €4,222 | +€4,167 | +7625.0% |
| Taxes, remuneration and social security | 45 | €6,317 | €4,363 | -€1,954 | -30.9% |
| Taxes | 450/3 | €5,067 | €3,113 | -€1,954 | -38.6% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €42,146 | €41,466 | -€680 | -1.6% |
| Accrued charges and deferred income | 492/3 | €326 | €295 | -€31 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,914 | €267 | -€4,647 | -94.6% |
| Other operating charges | 640/8 | €757 | €1,008 | +€251 | +33.1% |
| Gross operating margin | 9900 | €58,264 | €54,710 | -€3,554 | -6.1% |
| Operating profit (loss) | 9901 | €52,592 | €53,434 | +€842 | +1.6% |
| Financial income | 75/76B | €307 | €404 | +€97 | +31.8% |
| Recurring financial income | 75 | €307 | €404 | +€97 | +31.8% |
| Financial charges | 65/66B | €370 | €327 | -€43 | -11.6% |
| Recurring financial charges | 65 | €370 | €327 | -€43 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €52,528 | €53,511 | +€983 | +1.9% |
| Income taxes | 67/77 | €13,659 | €13,735 | +€76 | +0.6% |
| Profit (loss) for the period | 9904 | €38,869 | €39,776 | +€907 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,869 | €39,776 | +€907 | +2.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.