Papaya: 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.
Papaya
Largest movements
- Receivables within one year -€154,224
down €154,224 (-97.8%), from €157,767 to €3,542
of which Trade receivables: -€154,806
- Current investments +€150,000
new in 2025: €150,000
- Cash -€87,038
down €87,038 (-72.2%), from €120,635 to €33,597
mainly Current investments (-€150,000) and Other debts (-€37,433)
- Tangible fixed assets -€6,352
down €6,352 (-5.6%), from €112,608 to €106,256
of which Land and buildings: -€6,066
- Other debts -€37,433
down €37,433 (-20.8%), from €179,784 to €142,352
- Tax, wage and social debts -€35,327
down €35,327 (-99.3%), from €35,578 to €252
- Profit (loss) carried forward -€27,106
down €27,106, from €0 to -€27,106
- Debts after one year -€7,131
down €7,131 (-15.8%), from €45,089 to €37,958
- Accrued charges and deferred income +€5,129
up €5,129 (+655%), from €783 to €5,912
- Gross operating margin -€254,877
down €254,877, from €248,723 to -€6,154
- Taxes -€55,938
down €55,938 (-99.7%), from €56,078 to €141
- Financial charges +€5,114
up €5,114 (+488%), from €1,048 to €6,161
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 | €410,040 | €310,139 | -€99,901 | -24.4% |
| Fixed assets | 21/28 | €113,553 | €106,891 | -€6,662 | -5.9% |
| Intangible fixed assets | 21 | €946 | €636 | -€310 | -32.8% |
| Tangible fixed assets | 22/27 | €112,608 | €106,256 | -€6,352 | -5.6% |
| Land and buildings | 22 | €90,429 | €84,363 | -€6,066 | -6.7% |
| Furniture and vehicles | 24 | €22,179 | €21,892 | -€287 | -1.3% |
| Current assets | 29/58 | €296,486 | €203,247 | -€93,239 | -31.4% |
| Stocks and contracts in progress | 3 | €15,186 | €13,475 | -€1,710 | -11.3% |
| Stocks | 30/36 | €15,186 | €13,475 | -€1,710 | -11.3% |
| Amounts receivable within one year | 40/41 | €157,767 | €3,542 | -€154,224 | -97.8% |
| Trade receivables | 40 | €157,653 | €2,847 | -€154,806 | -98.2% |
| Other amounts receivable | 41 | €114 | €696 | +€581 | +510% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €120,635 | €33,597 | -€87,038 | -72.2% |
| Deferred charges and accrued income | 490/1 | €2,899 | €2,633 | -€266 | -9.2% |
| Total equity and liabilities | 10/49 | €410,040 | €310,139 | -€99,901 | -24.4% |
| Equity | 10/15 | €135,000 | €107,894 | -€27,106 | -20.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €115,000 | €115,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€27,106 | -€27,106 | |
| Amounts payable | 17/49 | €275,040 | €202,245 | -€72,795 | -26.5% |
| Amounts payable after more than one year | 17 | €45,089 | €37,958 | -€7,131 | -15.8% |
| Financial debts | 170/4 | €45,089 | €37,958 | -€7,131 | -15.8% |
| Amounts payable within one year | 42/48 | €229,168 | €158,374 | -€70,794 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €7,024 | €7,131 | +€107 | +1.5% |
| Trade debts | 44 | €6,781 | €5,592 | -€1,189 | -17.5% |
| Suppliers | 440/4 | €6,781 | €5,592 | -€1,189 | -17.5% |
| Advances received on contracts in progress | 46 | - | €3,048 | +€3,048 | |
| Taxes, remuneration and social security | 45 | €35,578 | €252 | -€35,327 | -99.3% |
| Taxes | 450/3 | €35,578 | €252 | -€35,327 | -99.3% |
| Other amounts payable | 47/48 | €179,784 | €142,352 | -€37,433 | -20.8% |
| Accrued charges and deferred income | 492/3 | €783 | €5,912 | +€5,129 | +655% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,596 | €13,047 | +€2,451 | +23.1% |
| Other operating charges | 640/8 | €1,283 | €1,748 | +€466 | +36.3% |
| Gross operating margin | 9900 | €248,723 | -€6,154 | -€254,877 | |
| Operating profit (loss) | 9901 | €236,845 | -€20,950 | -€257,794 | |
| Financial income | 75/76B | €40 | €145 | +€106 | +266% |
| Recurring financial income | 75 | €40 | €145 | +€106 | +266% |
| Financial charges | 65/66B | €1,048 | €6,161 | +€5,114 | +488% |
| Recurring financial charges | 65 | €1,048 | €6,161 | +€5,114 | +488% |
| Profit (loss) for the period before taxes | 9903 | €235,837 | -€26,966 | -€262,802 | |
| Income taxes | 67/77 | €56,078 | €141 | -€55,938 | -99.7% |
| Profit (loss) for the period | 9904 | €179,758 | -€27,106 | -€206,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €179,758 | -€27,106 | -€206,865 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.