PAISLEY: 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.
PAISLEY
Largest movements
- Receivables within one year -€122,806
down €122,806 (-45.1%), from €272,008 to €149,202
of which Trade receivables: -€79,542
- Deferred charges and accrued income -€69,512
no longer reported in 2025 (was €69,512)
- Tangible fixed assets -€12,966
down €12,966 (-4.3%), from €299,661 to €286,695
of which Land and buildings: -€11,042
- Debts after one year -€164,212
down €164,212 (-99.3%), from €165,400 to €1,187
- Trade debts -€49,259
down €49,259 (-81.6%), from €60,372 to €11,114
- Short-term financial debts +€40,262
new in 2025: €40,262
- Reserves -€15,696
down €15,696 (-2.8%), from €551,439 to €535,743
- Accrued charges and deferred income -€12,776
down €12,776 (-79.6%), from €16,060 to €3,284
- Turnover -€104,254
down €104,254 (-45.2%), from €230,655 to €126,402
- Gross operating margin -€68,613
down €68,613 (-78.4%), from €87,554 to €18,941
- Purchases and services -€42,557
down €42,557 (-28.4%), from €150,018 to €107,460
- Financial income +€8,525
up €8,525 (+4443.3%), from €192 to €8,717
- Other operating charges +€2,674
up €2,674 (+288.8%), from €926 to €3,600
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €838,216 | €632,931 | -€205,284 | -24.5% |
| Fixed assets | 21/28 | €302,132 | €289,166 | -€12,966 | -4.3% |
| Tangible fixed assets | 22/27 | €299,661 | €286,695 | -€12,966 | -4.3% |
| Land and buildings | 22 | €265,922 | €254,881 | -€11,042 | -4.2% |
| Plant, machinery and equipment | 23 | €28,116 | €28,003 | -€113 | -0.4% |
| Furniture and vehicles | 24 | €5,107 | €3,295 | -€1,812 | -35.5% |
| Other tangible fixed assets | 26 | €517 | €517 | = | 0.0% |
| Financial fixed assets | 28 | €2,471 | €2,471 | = | 0.0% |
| Current assets | 29/58 | €536,083 | €343,765 | -€192,318 | -35.9% |
| Amounts receivable after more than one year | 29 | €194,563 | €194,563 | = | 0.0% |
| Other amounts receivable | 291 | €194,563 | €194,563 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €272,008 | €149,202 | -€122,806 | -45.1% |
| Trade receivables | 40 | €228,744 | €149,202 | -€79,542 | -34.8% |
| Other amounts receivable | 41 | €43,265 | - | -€43,265 | |
| Deferred charges and accrued income | 490/1 | €69,512 | - | -€69,512 | |
| Total equity and liabilities | 10/49 | €838,216 | €632,931 | -€205,284 | -24.5% |
| Equity | 10/15 | €569,989 | €554,293 | -€15,696 | -2.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €551,439 | €535,743 | -€15,696 | -2.8% |
| Distributable reserves | 133 | €551,439 | €535,743 | -€15,696 | -2.8% |
| Amounts payable | 17/49 | €268,227 | €78,639 | -€189,588 | -70.7% |
| Amounts payable after more than one year | 17 | €165,400 | €1,187 | -€164,212 | -99.3% |
| Financial debts | 170/4 | €165,400 | €1,187 | -€164,212 | -99.3% |
| Amounts payable within one year | 42/48 | €86,767 | €74,167 | -€12,600 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €16,019 | €16,324 | +€305 | +1.9% |
| Financial debts | 43 | - | €40,262 | +€40,262 | |
| Credit institutions | 430/8 | - | €40,262 | +€40,262 | |
| Trade debts | 44 | €60,372 | €11,114 | -€49,259 | -81.6% |
| Suppliers | 440/4 | €60,372 | €11,114 | -€49,259 | -81.6% |
| Taxes, remuneration and social security | 45 | €10,375 | €750 | -€9,625 | -92.8% |
| Taxes | 450/3 | €10,375 | €750 | -€9,625 | -92.8% |
| Other amounts payable | 47/48 | - | €5,717 | +€5,717 | |
| Accrued charges and deferred income | 492/3 | €16,060 | €3,284 | -€12,776 | -79.6% |
| Turnover | 70 | €230,655 | €126,402 | -€104,254 | -45.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €150,018 | €107,460 | -€42,557 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,527 | €17,296 | -€232 | -1.3% |
| Other operating charges | 640/8 | €926 | €3,600 | +€2,674 | +288.8% |
| Gross operating margin | 9900 | €87,554 | €18,941 | -€68,613 | -78.4% |
| Operating profit (loss) | 9901 | €69,101 | -€1,955 | -€71,055 | |
| Financial income | 75/76B | €192 | €8,717 | +€8,525 | +4443.3% |
| Recurring financial income | 75 | €192 | €8,717 | +€8,525 | +4443.3% |
| Financial charges | 65/66B | €11,475 | €12,359 | +€884 | +7.7% |
| Recurring financial charges | 65 | €11,475 | €12,359 | +€884 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €57,818 | -€5,596 | -€63,414 | |
| Income taxes | 67/77 | €12,696 | €10,100 | -€2,596 | -20.4% |
| Profit (loss) for the period | 9904 | €45,122 | -€15,696 | -€60,818 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,122 | -€15,696 | -€60,818 |
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 6 October 2026 via checked.be.