PAPERPLANE PRODUCTIONS: what changed
What changed
PAPERPLANE PRODUCTIONS
NACE 60.200, Programming, broadcasting, news agency and other content distribution activities
filed annual accounts (NBB)
Net result for the year
-€24,156
2024 · -€26,990+€2,833
Equity
€206,173
2024 · €236,561-€30,388
Cash
€57,531
2024 · €143,820-€86,289
Balance sheet total
€673,840
2024 · €696,032-€22,192
Largest movements
Assets
- Cash -€86,289
down €86,289 (-60.0%), from €143,820 to €57,531
mainly Debts after one year (-€73,000) and Receivables within one year (-€72,350)
- Receivables within one year +€72,350
up €72,350 (+57.2%), from €126,511 to €198,861
of which Trade receivables: +€72,374
- Tangible fixed assets -€26,973
down €26,973 (-6.8%), from €397,022 to €370,049
of which Land and buildings: -€21,920
- Intangible fixed assets +€12,068
new in 2025: €12,068
Equity and liabilities
- Debts after one year -€73,000
down €73,000 (-27.2%), from €268,440 to €195,440
- Trade debts +€38,148
up €38,148 (+135%), from €28,194 to €66,342
- Profit (loss) carried forward -€24,156
down €24,156, from €1,670 to -€22,487
- Other debts +€21,192
up €21,192 (+41.4%), from €51,164 to €72,355
- Current portion of long-term debt +€20,969
up €20,969 (+62.2%), from €33,706 to €54,674
Income statement
- Financial charges +€6,676
up €6,676 (+76.7%), from €8,705 to €15,381
- Other operating charges +€4,927
up €4,927 (+16.2%), from €30,489 to €35,415
- Gross operating margin +€4,870
up €4,870 (+2.7%), from €182,276 to €187,146
- Depreciation -€3,917
down €3,917 (-7.1%), from €55,412 to €51,495
- Financial income +€3,333
up €3,333 (+104%), from €3,199 to €6,531
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€26,990
Gross operating margin
+€4,870
Staff costs
+€2,372
Depreciation
+€3,917
Other operating charges
-€4,927
Financial income
+€3,333
Financial charges
-€6,676
Taxes
-€55
Result 2025
-€24,156
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€13,862
Investment
-€42,095
Financing
-€58,056
Cash 2024
€143,820
From operations (derived)
+€13,862
Net result for the year
-€24,156
Depreciation
+€51,495
Receivables within one year
-€72,350
Deferred charges and accrued income
-€1,147
Trade debts
+€38,148
Tax, wage and social debts
+€2,594
Other debts
+€21,192
Accrued charges and deferred income
-€1,913
Investment (derived)
-€42,095
Investment in fixed assets (net)
-€42,095
Financing
-€58,056
Debts after one year
-€73,000
Current portion of long-term debt
+€20,969
Short-term financial debts
+€207
Contributions, distributions and other
-€6,231
Cash 2025
€57,531
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,032 | €673,840 | -€22,192 | -3.2% |
| Formation expenses | 20 | €6,475 | €11,980 | +€5,505 | +85.0% |
| Fixed assets | 21/28 | €417,150 | €402,245 | -€14,905 | -3.6% |
| Intangible fixed assets | 21 | - | €12,068 | +€12,068 | |
| Tangible fixed assets | 22/27 | €397,022 | €370,049 | -€26,973 | -6.8% |
| Land and buildings | 22 | €326,686 | €304,766 | -€21,920 | -6.7% |
| Plant, machinery and equipment | 23 | €34,777 | €39,827 | +€5,049 | +14.5% |
| Furniture and vehicles | 24 | €35,559 | €25,457 | -€10,102 | -28.4% |
| Financial fixed assets | 28 | €20,128 | €20,128 | = | 0.0% |
| Current assets | 29/58 | €272,407 | €259,615 | -€12,792 | -4.7% |
| Amounts receivable within one year | 40/41 | €126,511 | €198,861 | +€72,350 | +57.2% |
| Trade receivables | 40 | €126,487 | €198,861 | +€72,374 | +57.2% |
| Other amounts receivable | 41 | €24 | €0 | -€24 | -100% |
| Cash at bank and in hand | 54/58 | €143,820 | €57,531 | -€86,289 | -60.0% |
| Deferred charges and accrued income | 490/1 | €2,076 | €3,223 | +€1,147 | +55.2% |
| Total equity and liabilities | 10/49 | €696,032 | €673,840 | -€22,192 | -3.2% |
| Equity | 10/15 | €236,561 | €206,173 | -€30,388 | -12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €210,060 | €210,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,500 | €20,500 | = | 0.0% |
| Distributable reserves | 133 | €187,700 | €187,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,670 | -€22,487 | -€24,156 | |
| Investment grants | 15 | €6,231 | €0 | -€6,231 | -100% |
| Amounts payable | 17/49 | €459,471 | €467,667 | +€8,196 | +1.8% |
| Amounts payable after more than one year | 17 | €268,440 | €195,440 | -€73,000 | -27.2% |
| Financial debts | 170/4 | €268,440 | €195,440 | -€73,000 | -27.2% |
| Amounts payable within one year | 42/48 | €154,367 | €237,477 | +€83,110 | +53.8% |
| Current portion of amounts payable after more than one year | 42 | €33,706 | €54,674 | +€20,969 | +62.2% |
| Financial debts | 43 | - | €207 | +€207 | |
| Credit institutions | 430/8 | - | €207 | +€207 | |
| Trade debts | 44 | €28,194 | €66,342 | +€38,148 | +135% |
| Suppliers | 440/4 | €28,194 | €66,342 | +€38,148 | +135% |
| Taxes, remuneration and social security | 45 | €41,304 | €43,898 | +€2,594 | +6.3% |
| Taxes | 450/3 | €21,478 | €15,497 | -€5,981 | -27.8% |
| Remuneration and social security | 454/9 | €19,826 | €28,401 | +€8,575 | +43.3% |
| Other amounts payable | 47/48 | €51,164 | €72,355 | +€21,192 | +41.4% |
| Accrued charges and deferred income | 492/3 | €36,664 | €34,751 | -€1,913 | -5.2% |
| Remuneration, social security and pensions | 62 | €117,447 | €115,075 | -€2,372 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,412 | €51,495 | -€3,917 | -7.1% |
| Other operating charges | 640/8 | €30,489 | €35,415 | +€4,927 | +16.2% |
| Gross operating margin | 9900 | €182,276 | €187,146 | +€4,870 | +2.7% |
| Operating profit (loss) | 9901 | -€21,071 | -€14,839 | +€6,232 | +29.6% |
| Financial income | 75/76B | €3,199 | €6,531 | +€3,333 | +104% |
| Recurring financial income | 75 | €3,199 | €6,531 | +€3,333 | +104% |
| Financial charges | 65/66B | €8,705 | €15,381 | +€6,676 | +76.7% |
| Recurring financial charges | 65 | €8,705 | €15,381 | +€6,676 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,577 | -€23,689 | +€2,888 | +10.9% |
| Income taxes | 67/77 | €413 | €468 | +€55 | +13.3% |
| Profit (loss) for the period | 9904 | -€26,990 | -€24,156 | +€2,833 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,990 | -€24,156 | +€2,833 | +10.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.