PAPETERIE DE L'EST: what changed
What changed
PAPETERIE DE L'EST
NACE 46.499, Wholesale of other household goods
filed annual accounts (NBB)
Net result for the year
€64,742
2024 · €52,778+€11,964
Equity
€1.5m
2024 · €1.4m+€61,185
Cash
€815,174
2024 · €776,256+€38,918
Balance sheet total
€2.0m
2024 · €2.0m-€24,878
Largest movements
Assets
- Tangible fixed assets -€47,122
down €47,122 (-9.1%), from €519,859 to €472,737
of which Land and buildings: -€28,408
- Cash +€38,918
up €38,918 (+5.0%), from €776,256 to €815,174
mainly Net result for the year (+€64,742) and Depreciation (+€51,662)
Equity and liabilities
- Trade debts -€89,254
down €89,254 (-40.7%), from €219,370 to €130,116
- Reserves +€64,404
up €64,404 (+5.8%), from €1.1m to €1.2m
of which Distributable reserves: +€77,000
Income statement
- Gross operating margin +€15,633
up €15,633 (+4.7%), from €331,049 to €346,682
- Staff costs +€14,862
up €14,862 (+8.4%), from €177,463 to €192,325
- Write-downs -€13,486
no longer reported in 2025 (was €13,486)
- Taxes +€5,735
up €5,735 (+19.7%), from €29,127 to €34,862
- Financial income +€3,604
up €3,604 (+68.0%), from €5,299 to €8,903
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
€52,778
Gross operating margin
+€15,633
Staff costs
-€14,862
Depreciation
-€669
Write-downs
+€13,486
Other operating charges
-€821
Financial income
+€3,604
Financial charges
+€1,328
Taxes
-€5,735
Result 2025
€64,742
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
+€47,948
Investment
-€5,473
Financing
-€3,557
Cash 2024
€776,256
From operations (derived)
+€47,948
Net result for the year
+€64,742
Depreciation
+€51,662
Stocks and contracts
+€17,411
Receivables within one year
+€1,755
Deferred charges and accrued income
-€1,559
Provisions
-€6,487
Trade debts
-€89,254
Tax, wage and social debts
+€17,081
Advances received
+€1,200
Other debts
-€12,118
Accrued charges and deferred income
+€3,515
Investment (derived)
-€5,473
Investment in fixed assets (net)
-€4,540
Current investments
-€933
Financing
-€3,557
Contributions, distributions and other
-€3,557
Cash 2025
€815,174
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,977,338 | €1,952,460 | -€24,878 | -1.3% |
| Fixed assets | 21/28 | €520,080 | €472,958 | -€47,122 | -9.1% |
| Tangible fixed assets | 22/27 | €519,859 | €472,737 | -€47,122 | -9.1% |
| Land and buildings | 22 | €451,026 | €422,618 | -€28,408 | -6.3% |
| Plant, machinery and equipment | 23 | €1,317 | €716 | -€601 | -45.6% |
| Furniture and vehicles | 24 | €67,516 | €49,403 | -€18,113 | -26.8% |
| Financial fixed assets | 28 | €221 | €221 | = | 0.0% |
| Current assets | 29/58 | €1,457,258 | €1,479,502 | +€22,244 | +1.5% |
| Stocks and contracts in progress | 3 | €105,577 | €88,166 | -€17,411 | -16.5% |
| Stocks | 30/36 | €105,577 | €88,166 | -€17,411 | -16.5% |
| Amounts receivable within one year | 40/41 | €265,886 | €264,131 | -€1,755 | -0.7% |
| Trade receivables | 40 | €263,486 | €261,863 | -€1,623 | -0.6% |
| Other amounts receivable | 41 | €2,400 | €2,268 | -€132 | -5.5% |
| Current investments | 50/53 | €298,603 | €299,536 | +€933 | +0.3% |
| Cash at bank and in hand | 54/58 | €776,256 | €815,174 | +€38,918 | +5.0% |
| Deferred charges and accrued income | 490/1 | €10,936 | €12,495 | +€1,559 | +14.3% |
| Total equity and liabilities | 10/49 | €1,977,338 | €1,952,460 | -€24,878 | -1.3% |
| Equity | 10/15 | €1,394,122 | €1,455,307 | +€61,185 | +4.4% |
| Contributions | 10/11 | €52,057 | €52,057 | = | 0.0% |
| Reserves | 13 | €1,115,496 | €1,179,900 | +€64,404 | +5.8% |
| Tax-exempt reserves | 132 | €169,806 | €157,210 | -€12,596 | -7.4% |
| Distributable reserves | 133 | €945,690 | €1,022,690 | +€77,000 | +8.1% |
| Profit (loss) carried forward | 14 | €187,442 | €187,779 | +€337 | +0.2% |
| Investment grants | 15 | €39,127 | €35,571 | -€3,556 | -9.1% |
| Provisions and deferred taxes | 16 | €71,346 | €64,859 | -€6,487 | -9.1% |
| Deferred taxes | 168 | €71,346 | €64,859 | -€6,487 | -9.1% |
| Amounts payable | 17/49 | €511,870 | €432,294 | -€79,576 | -15.5% |
| Amounts payable within one year | 42/48 | €511,233 | €428,142 | -€83,091 | -16.3% |
| Trade debts | 44 | €219,370 | €130,116 | -€89,254 | -40.7% |
| Suppliers | 440/4 | €219,370 | €130,116 | -€89,254 | -40.7% |
| Advances received on contracts in progress | 46 | - | €1,200 | +€1,200 | |
| Taxes, remuneration and social security | 45 | €68,394 | €85,475 | +€17,081 | +25.0% |
| Taxes | 450/3 | €42,028 | €49,678 | +€7,650 | +18.2% |
| Remuneration and social security | 454/9 | €26,366 | €35,797 | +€9,431 | +35.8% |
| Other amounts payable | 47/48 | €223,469 | €211,351 | -€12,118 | -5.4% |
| Accrued charges and deferred income | 492/3 | €637 | €4,152 | +€3,515 | +552% |
| Remuneration, social security and pensions | 62 | €177,463 | €192,325 | +€14,862 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,993 | €51,662 | +€669 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,486 | - | -€13,486 | |
| Other operating charges | 640/8 | €12,668 | €13,489 | +€821 | +6.5% |
| Gross operating margin | 9900 | €331,049 | €346,682 | +€15,633 | +4.7% |
| Operating profit (loss) | 9901 | €76,439 | €89,206 | +€12,767 | +16.7% |
| Financial income | 75/76B | €5,299 | €8,903 | +€3,604 | +68.0% |
| Recurring financial income | 75 | €5,299 | €8,903 | +€3,604 | +68.0% |
| Financial charges | 65/66B | €6,319 | €4,991 | -€1,328 | -21.0% |
| Recurring financial charges | 65 | €6,319 | €4,991 | -€1,328 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €75,419 | €93,118 | +€17,699 | +23.5% |
| Transfer from deferred taxes | 780 | €6,486 | €6,486 | = | 0.0% |
| Income taxes | 67/77 | €29,127 | €34,862 | +€5,735 | +19.7% |
| Profit (loss) for the period | 9904 | €52,778 | €64,742 | +€11,964 | +22.7% |
| Transfer from tax-exempt reserves | 789 | €12,596 | €12,596 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,374 | €77,338 | +€11,964 | +18.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.