PAUCOT CONSTRUCTION: 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.
PAUCOT CONSTRUCTION
Largest movements
- Receivables within one year -€42,909
down €42,909 (-21.7%), from €197,880 to €154,971
of which Trade receivables: -€24,230
- Tangible fixed assets +€15,631
up €15,631 (+7.2%), from €216,366 to €231,997
of which Land and buildings: +€15,631
- Deferred charges and accrued income -€13,325
down €13,325 (-53.7%), from €24,806 to €11,481
- Stocks and contracts -€11,621
down €11,621 (-10.1%), from €115,609 to €103,988
- Debts after one year -€67,413
down €67,413 (-19.8%), from €340,846 to €273,433
- Gross operating margin +€56,625
up €56,625 (+46.8%), from €121,101 to €177,725
- Financial charges +€47,942
up €47,942 (+386%), from €12,406 to €60,349
- Staff costs +€36,862
up €36,862 (+44.7%), from €82,478 to €119,340
- Depreciation -€24,959
no longer reported in 2025 (was €24,959)
- Financial income +€6,103
up €6,103 (+146%), from €4,194 to €10,297
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €607,683 | €550,284 | -€57,400 | -9.4% |
| Fixed assets | 21/28 | €216,366 | €231,997 | +€15,631 | +7.2% |
| Tangible fixed assets | 22/27 | €216,366 | €231,997 | +€15,631 | +7.2% |
| Land and buildings | 22 | €85,387 | €101,018 | +€15,631 | +18.3% |
| Plant, machinery and equipment | 23 | €2,666 | €2,666 | = | 0.0% |
| Furniture and vehicles | 24 | €121,055 | €121,055 | = | 0.0% |
| Other tangible fixed assets | 26 | €7,258 | €7,258 | = | 0.0% |
| Current assets | 29/58 | €391,318 | €318,286 | -€73,031 | -18.7% |
| Stocks and contracts in progress | 3 | €115,609 | €103,988 | -€11,621 | -10.1% |
| Stocks | 30/36 | €115,609 | €103,988 | -€11,621 | -10.1% |
| Amounts receivable within one year | 40/41 | €197,880 | €154,971 | -€42,909 | -21.7% |
| Trade receivables | 40 | €26,781 | €2,551 | -€24,230 | -90.5% |
| Other amounts receivable | 41 | €171,099 | €152,420 | -€18,679 | -10.9% |
| Cash at bank and in hand | 54/58 | €53,023 | €47,847 | -€5,176 | -9.8% |
| Deferred charges and accrued income | 490/1 | €24,806 | €11,481 | -€13,325 | -53.7% |
| Total equity and liabilities | 10/49 | €607,683 | €550,284 | -€57,400 | -9.4% |
| Equity | 10/15 | €206,675 | €207,313 | +€638 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €188,075 | €188,713 | +€638 | +0.3% |
| Distributable reserves | 133 | €188,075 | €188,713 | +€638 | +0.3% |
| Amounts payable | 17/49 | €401,009 | €342,971 | -€58,038 | -14.5% |
| Amounts payable after more than one year | 17 | €340,846 | €273,433 | -€67,413 | -19.8% |
| Financial debts | 170/4 | €340,846 | €273,433 | -€67,413 | -19.8% |
| Amounts payable within one year | 42/48 | €60,163 | €69,538 | +€9,375 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €43,213 | €47,346 | +€4,133 | +9.6% |
| Trade debts | 44 | €8,612 | €11,352 | +€2,740 | +31.8% |
| Suppliers | 440/4 | €8,612 | €11,352 | +€2,740 | +31.8% |
| Taxes, remuneration and social security | 45 | €8,338 | €10,840 | +€2,502 | +30.0% |
| Taxes | 450/3 | €2,436 | €2,579 | +€143 | +5.9% |
| Remuneration and social security | 454/9 | €5,902 | €8,261 | +€2,360 | +40.0% |
| Remuneration, social security and pensions | 62 | €82,478 | €119,340 | +€36,862 | +44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,959 | - | -€24,959 | |
| Other operating charges | 640/8 | €889 | €6,037 | +€5,148 | +579% |
| Non-recurring operating charges | 66A | €5,371 | - | -€5,371 | |
| Gross operating margin | 9900 | €121,101 | €177,725 | +€56,625 | +46.8% |
| Operating profit (loss) | 9901 | €7,404 | €52,349 | +€44,945 | +607% |
| Financial income | 75/76B | €4,194 | €10,297 | +€6,103 | +146% |
| Recurring financial income | 75 | €4,194 | €10,297 | +€6,103 | +146% |
| Financial charges | 65/66B | €12,406 | €60,349 | +€47,942 | +386% |
| Recurring financial charges | 65 | €12,406 | €60,349 | +€47,942 | +386% |
| Profit (loss) for the period before taxes | 9903 | -€809 | €2,297 | +€3,106 | |
| Income taxes | 67/77 | -€1,384 | €1,659 | +€3,043 | |
| Profit (loss) for the period | 9904 | €575 | €638 | +€63 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €575 | €638 | +€63 | +10.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.