PAPETERIE.be: 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.
PAPETERIE.be
Largest movements
- Stocks and contracts +€16,290
up €16,290 (+3.7%), from €445,746 to €462,036
- Other debts +€57,726
up €57,726 (+57.3%), from €100,750 to €158,476
- Trade debts -€24,968
down €24,968 (-21.2%), from €117,998 to €93,030
- Profit (loss) carried forward -€18,537
down €18,537 (-24.3%), from €76,359 to €57,823
- Tax, wage and social debts +€11,780
up €11,780 (+21.4%), from €55,019 to €66,799
of which Taxes: +€11,366
- Debts after one year -€7,582
down €7,582 (-43.1%), from €17,607 to €10,025
- Gross operating margin -€12,674
down €12,674 (-5.4%), from €234,650 to €221,976
- Financial charges -€10,200
down €10,200 (-57.8%), from €17,652 to €7,452
of which Financial charges: -€6,881
- Staff costs -€5,644
down €5,644 (-3.0%), from €186,537 to €180,893
- Taxes -€2,444
down €2,444 (-20.0%), from €12,247 to €9,803
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.
Derived cash bridge
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 | €488,692 | €510,524 | +€21,832 | +4.5% |
| Fixed assets | 21/28 | €7,144 | €9,590 | +€2,446 | +34.2% |
| Tangible fixed assets | 22/27 | €3,844 | €6,290 | +€2,446 | +63.6% |
| Plant, machinery and equipment | 23 | €3,136 | €6,033 | +€2,897 | +92.4% |
| Furniture and vehicles | 24 | €708 | €257 | -€451 | -63.7% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €481,548 | €500,934 | +€19,386 | +4.0% |
| Stocks and contracts in progress | 3 | €445,746 | €462,036 | +€16,290 | +3.7% |
| Stocks | 30/36 | €445,746 | €462,036 | +€16,290 | +3.7% |
| Amounts receivable within one year | 40/41 | €15,591 | €14,567 | -€1,024 | -6.6% |
| Trade receivables | 40 | €8,282 | €5,733 | -€2,549 | -30.8% |
| Other amounts receivable | 41 | €7,310 | €8,834 | +€1,524 | +20.9% |
| Cash at bank and in hand | 54/58 | €7,618 | €11,795 | +€4,177 | +54.8% |
| Deferred charges and accrued income | 490/1 | €12,593 | €12,536 | -€57 | -0.5% |
| Total equity and liabilities | 10/49 | €488,692 | €510,524 | +€21,832 | +4.5% |
| Equity | 10/15 | €189,712 | €171,176 | -€18,537 | -9.8% |
| Contributions | 10/11 | €53,674 | €53,674 | = | 0.0% |
| Reserves | 13 | €59,679 | €59,679 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,071 | €43,071 | = | 0.0% |
| Distributable reserves | 133 | €16,607 | €16,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,359 | €57,823 | -€18,537 | -24.3% |
| Amounts payable | 17/49 | €298,980 | €339,348 | +€40,369 | +13.5% |
| Amounts payable after more than one year | 17 | €17,607 | €10,025 | -€7,582 | -43.1% |
| Financial debts | 170/4 | €17,607 | €10,025 | -€7,582 | -43.1% |
| Amounts payable within one year | 42/48 | €280,980 | €325,887 | +€44,907 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €7,214 | €7,582 | +€368 | +5.1% |
| Trade debts | 44 | €117,998 | €93,030 | -€24,968 | -21.2% |
| Suppliers | 440/4 | €117,998 | €93,030 | -€24,968 | -21.2% |
| Taxes, remuneration and social security | 45 | €55,019 | €66,799 | +€11,780 | +21.4% |
| Taxes | 450/3 | €26,506 | €37,872 | +€11,366 | +42.9% |
| Remuneration and social security | 454/9 | €28,513 | €28,927 | +€414 | +1.5% |
| Other amounts payable | 47/48 | €100,750 | €158,476 | +€57,726 | +57.3% |
| Accrued charges and deferred income | 492/3 | €393 | €3,437 | +€3,044 | +775% |
| Remuneration, social security and pensions | 62 | €186,537 | €180,893 | -€5,644 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,550 | €2,180 | +€631 | +40.7% |
| Other operating charges | 640/8 | €0 | €185 | +€185 | |
| Gross operating margin | 9900 | €234,650 | €221,976 | -€12,674 | -5.4% |
| Operating profit (loss) | 9901 | €46,563 | €38,718 | -€7,846 | -16.8% |
| Financial income | 75/76B | €462 | €2 | -€461 | -99.7% |
| Recurring financial income | 75 | €462 | €2 | -€461 | -99.7% |
| Financial charges | 65/66B | €17,652 | €7,452 | -€10,200 | -57.8% |
| Recurring financial charges | 65 | €14,334 | €7,452 | -€6,881 | -48.0% |
| Non-recurring financial charges | 66B | €3,319 | €0 | -€3,319 | -100% |
| Profit (loss) for the period before taxes | 9903 | €29,374 | €31,267 | +€1,893 | +6.4% |
| Income taxes | 67/77 | €12,247 | €9,803 | -€2,444 | -20.0% |
| Profit (loss) for the period | 9904 | €17,126 | €21,463 | +€4,337 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,126 | €21,463 | +€4,337 | +25.3% |
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 14 October 2026 via checked.be.