PAPILLON HORECA: what changed
PAPILLON HORECA
Largest movements
- Cash +€15
up €15 (+2,603%), from €1 to €16
mainly Other debts (+€17,602)
- Other debts +€17,602
up €17,602 (+15.6%), from €112,943 to €130,545
- Tax, wage and social debts -€7,626
no longer reported in 2025 (was €7,626)
of which Taxes: -€6,684
- Trade debts -€5,986
no longer reported in 2025 (was €5,986)
- Profit (loss) carried forward -€3,215
down €3,215 (-2.5%), from -€128,314 to -€131,529
- Current portion of long-term debt -€760
no longer reported in 2025 (was €760)
- Gross operating margin +€1,432
up €1,432 (+37.1%), from -€3,857 to -€2,425
- Financial charges -€994
down €994 (-55.7%), from €1,784 to €790
- Other operating charges -€216
no longer reported in 2025 (was €216)
- Financial income -€188
no longer reported in 2025 (was €188)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1 | €16 | +€15 | +2,603% |
| Current assets | 29/58 | €1 | €16 | +€15 | +2,603% |
| Cash at bank and in hand | 54/58 | €1 | €16 | +€15 | +2,603% |
| Total equity and liabilities | 10/49 | €1 | €16 | +€15 | +2,603% |
| Equity | 10/15 | -€127,314 | -€130,529 | -€3,215 | -2.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€128,314 | -€131,529 | -€3,215 | -2.5% |
| Amounts payable | 17/49 | €127,315 | €130,545 | +€3,230 | +2.5% |
| Amounts payable within one year | 42/48 | €127,315 | €130,545 | +€3,230 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €760 | - | -€760 | |
| Trade debts | 44 | €5,986 | - | -€5,986 | |
| Suppliers | 440/4 | €5,986 | - | -€5,986 | |
| Taxes, remuneration and social security | 45 | €7,626 | - | -€7,626 | |
| Taxes | 450/3 | €6,684 | - | -€6,684 | |
| Remuneration and social security | 454/9 | €942 | - | -€942 | |
| Other amounts payable | 47/48 | €112,943 | €130,545 | +€17,602 | +15.6% |
| Other operating charges | 640/8 | €216 | - | -€216 | |
| Non-recurring operating charges | 66A | €1,977 | - | -€1,977 | |
| Gross operating margin | 9900 | -€3,857 | -€2,425 | +€1,432 | +37.1% |
| Operating profit (loss) | 9901 | -€6,050 | -€2,425 | +€3,626 | +59.9% |
| Financial income | 75/76B | €188 | - | -€188 | |
| Recurring financial income | 75 | €188 | - | -€188 | |
| Financial charges | 65/66B | €1,784 | €790 | -€994 | -55.7% |
| Recurring financial charges | 65 | €1,784 | €790 | -€994 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,646 | -€3,215 | +€4,432 | +58.0% |
| Profit (loss) for the period | 9904 | -€7,646 | -€3,215 | +€4,432 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,646 | -€3,215 | +€4,432 | +58.0% |
Next steps
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 3 November 2026 via checked.be.