PAISA: 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.
PAISA
Largest movements
- Current investments +€24,452
up €24,452 (+11.5%), from €213,266 to €237,718
- Receivables within one year +€15,176
up €15,176 (+563.7%), from €2,692 to €17,868
of which Trade receivables: +€15,167
- Tangible fixed assets -€8,319
down €8,319 (-81.1%), from €10,252 to €1,933
of which Furniture and vehicles: -€7,584
- Reserves +€36,156
up €36,156 (+18.9%), from €191,015 to €227,172
- Other debts -€3,167
down €3,167 (-35.8%), from €8,842 to €5,675
- Depreciation -€4,940
down €4,940 (-32.9%), from €15,022 to €10,083
- Financial income -€1,997
down €1,997 (-35.7%), from €5,592 to €3,595
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,837 | €267,605 | +€31,769 | +13.5% |
| Fixed assets | 21/28 | €10,252 | €1,933 | -€8,319 | -81.1% |
| Tangible fixed assets | 22/27 | €10,252 | €1,933 | -€8,319 | -81.1% |
| Plant, machinery and equipment | 23 | €735 | - | -€735 | |
| Furniture and vehicles | 24 | €9,517 | €1,933 | -€7,584 | -79.7% |
| Current assets | 29/58 | €225,584 | €265,672 | +€40,088 | +17.8% |
| Amounts receivable within one year | 40/41 | €2,692 | €17,868 | +€15,176 | +563.7% |
| Trade receivables | 40 | €2,692 | €17,860 | +€15,167 | +563.4% |
| Other amounts receivable | 41 | - | €8 | +€8 | |
| Current investments | 50/53 | €213,266 | €237,718 | +€24,452 | +11.5% |
| Cash at bank and in hand | 54/58 | €8,396 | €9,121 | +€725 | +8.6% |
| Deferred charges and accrued income | 490/1 | €1,230 | €966 | -€265 | -21.5% |
| Total equity and liabilities | 10/49 | €235,837 | €267,605 | +€31,769 | +13.5% |
| Equity | 10/15 | €216,502 | €252,658 | +€36,156 | +16.7% |
| Contributions | 10/11 | €25,487 | €25,487 | = | 0.0% |
| Reserves | 13 | €191,015 | €227,172 | +€36,156 | +18.9% |
| Distributable reserves | 133 | €191,015 | €227,172 | +€36,156 | +18.9% |
| Amounts payable | 17/49 | €19,335 | €14,947 | -€4,388 | -22.7% |
| Amounts payable within one year | 42/48 | €19,335 | €14,947 | -€4,388 | -22.7% |
| Trade debts | 44 | €456 | €672 | +€217 | +47.5% |
| Suppliers | 440/4 | €456 | €672 | +€217 | +47.5% |
| Taxes, remuneration and social security | 45 | €10,037 | €8,600 | -€1,437 | -14.3% |
| Taxes | 450/3 | €10,037 | €8,600 | -€1,437 | -14.3% |
| Other amounts payable | 47/48 | €8,842 | €5,675 | -€3,167 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,022 | €10,083 | -€4,940 | -32.9% |
| Other operating charges | 640/8 | €2,011 | €1,964 | -€46 | -2.3% |
| Gross operating margin | 9900 | €70,642 | €71,014 | +€371 | +0.5% |
| Operating profit (loss) | 9901 | €53,610 | €58,967 | +€5,357 | +10.0% |
| Financial income | 75/76B | €5,592 | €3,595 | -€1,997 | -35.7% |
| Recurring financial income | 75 | €5,592 | €3,595 | -€1,997 | -35.7% |
| Financial charges | 65/66B | €110 | €82 | -€28 | -25.4% |
| Recurring financial charges | 65 | €110 | €82 | -€28 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €59,091 | €62,479 | +€3,388 | +5.7% |
| Income taxes | 67/77 | €21,240 | €21,476 | +€236 | +1.1% |
| Profit (loss) for the period | 9904 | €37,851 | €41,003 | +€3,152 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,851 | €41,003 | +€3,152 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.