Papeteries AUBRY: 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.
Papeteries AUBRY
Largest movements
- Cash +€116,803
up €116,803 (+3,192%), from €3,659 to €120,461
mainly Net result for the year (+€131,419) and Receivables within one year (+€102,430)
- Receivables within one year -€102,430
down €102,430 (-26.1%), from €391,930 to €289,500
of which Trade receivables: -€96,195
- Tangible fixed assets -€31,825
down €31,825 (-12.3%), from €258,464 to €226,639
of which Plant, machinery and equipment: -€18,599
- Stocks and contracts -€24,802
down €24,802 (-3.7%), from €665,111 to €640,308
- Intangible fixed assets -€24,176
down €24,176 (-11.3%), from €213,469 to €189,293
- Reserves +€580,000
up €580,000 (+1,251%), from €46,373 to €626,373
- Profit (loss) carried forward -€488,581
down €488,581 (-99.1%), from €493,063 to €4,482
- Debts after one year -€116,784
down €116,784 (-34.8%), from €335,335 to €218,551
of which Financial debts: -€245,167
- Short-term financial debts -€62,303
down €62,303 (-83.2%), from €74,880 to €12,576
- Turnover -€2.0m
no longer reported in 2026 (was €2.0m)
- Purchases and services -€1.6m
no longer reported in 2026 (was €1.6m)
- Gross operating margin +€48,341
up €48,341 (+11.3%), from €428,933 to €477,274
- Depreciation -€34,068
down €34,068 (-33.7%), from €101,211 to €67,143
- Taxes +€26,972
up €26,972 (+123%), from €21,843 to €48,815
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 | €1,539,527 | €1,474,608 | -€64,919 | -4.2% |
| Fixed assets | 21/28 | €471,932 | €415,931 | -€56,001 | -11.9% |
| Intangible fixed assets | 21 | €213,469 | €189,293 | -€24,176 | -11.3% |
| Tangible fixed assets | 22/27 | €258,464 | €226,639 | -€31,825 | -12.3% |
| Land and buildings | 22 | €103,596 | €89,580 | -€14,016 | -13.5% |
| Plant, machinery and equipment | 23 | €147,649 | €129,050 | -€18,599 | -12.6% |
| Furniture and vehicles | 24 | €7,219 | €8,008 | +€789 | +10.9% |
| Current assets | 29/58 | €1,067,595 | €1,058,677 | -€8,918 | -0.8% |
| Stocks and contracts in progress | 3 | €665,111 | €640,308 | -€24,802 | -3.7% |
| Stocks | 30/36 | €665,111 | €640,308 | -€24,802 | -3.7% |
| Amounts receivable within one year | 40/41 | €391,930 | €289,500 | -€102,430 | -26.1% |
| Trade receivables | 40 | €374,545 | €278,350 | -€96,195 | -25.7% |
| Other amounts receivable | 41 | €17,385 | €11,150 | -€6,235 | -35.9% |
| Cash at bank and in hand | 54/58 | €3,659 | €120,461 | +€116,803 | +3,192% |
| Deferred charges and accrued income | 490/1 | €6,896 | €8,408 | +€1,512 | +21.9% |
| Total equity and liabilities | 10/49 | €1,539,527 | €1,474,608 | -€64,919 | -4.2% |
| Equity | 10/15 | €886,124 | €977,543 | +€91,419 | +10.3% |
| Contributions | 10/11 | €346,688 | €346,688 | = | 0.0% |
| Reserves | 13 | €46,373 | €626,373 | +€580,000 | +1,251% |
| Distributable reserves | 133 | €46,373 | €626,373 | +€580,000 | +1,251% |
| Profit (loss) carried forward | 14 | €493,063 | €4,482 | -€488,581 | -99.1% |
| Amounts payable | 17/49 | €653,403 | €497,065 | -€156,338 | -23.9% |
| Amounts payable after more than one year | 17 | €335,335 | €218,551 | -€116,784 | -34.8% |
| Financial debts | 170/4 | €335,335 | €90,169 | -€245,167 | -73.1% |
| Other amounts payable | 178/9 | - | €128,383 | +€128,383 | |
| Amounts payable within one year | 42/48 | €308,064 | €269,952 | -€38,112 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €117,765 | €116,784 | -€981 | -0.8% |
| Financial debts | 43 | €74,880 | €12,576 | -€62,303 | -83.2% |
| Credit institutions | 430/8 | €74,880 | €12,576 | -€62,303 | -83.2% |
| Trade debts | 44 | €66,563 | €73,291 | +€6,728 | +10.1% |
| Suppliers | 440/4 | €66,563 | €73,291 | +€6,728 | +10.1% |
| Taxes, remuneration and social security | 45 | €23,831 | €27,301 | +€3,470 | +14.6% |
| Taxes | 450/3 | €9,846 | €13,336 | +€3,490 | +35.4% |
| Remuneration and social security | 454/9 | €13,985 | €13,965 | -€20 | -0.1% |
| Other amounts payable | 47/48 | €25,026 | €40,000 | +€14,974 | +59.8% |
| Accrued charges and deferred income | 492/3 | €10,003 | €8,562 | -€1,441 | -14.4% |
| Turnover | 70 | €2,013,397 | - | -€2.0m | |
| Non-recurring operating income | 76A | €40,716 | €5,207 | -€35,509 | -87.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,625,180 | - | -€1.6m | |
| Remuneration, social security and pensions | 62 | €207,270 | €212,587 | +€5,317 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,211 | €67,143 | -€34,068 | -33.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €164 | €10,555 | +€10,391 | +6,338% |
| Other operating charges | 640/8 | €1,750 | €7,370 | +€5,619 | +321% |
| Gross operating margin | 9900 | €428,933 | €477,274 | +€48,341 | +11.3% |
| Operating profit (loss) | 9901 | €118,537 | €179,619 | +€61,082 | +51.5% |
| Financial income | 75/76B | €18,226 | €20,156 | +€1,930 | +10.6% |
| Recurring financial income | 75 | €18,226 | €20,156 | +€1,930 | +10.6% |
| Financial charges | 65/66B | €20,821 | €19,541 | -€1,279 | -6.1% |
| Recurring financial charges | 65 | €20,821 | €19,541 | -€1,279 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €115,942 | €180,234 | +€64,291 | +55.5% |
| Income taxes | 67/77 | €21,843 | €48,815 | +€26,972 | +123% |
| Profit (loss) for the period | 9904 | €94,100 | €131,419 | +€37,319 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €94,100 | €131,419 | +€37,319 | +39.7% |
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 30 October 2026 via checked.be.