PAUL COLOMIER: 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.
PAUL COLOMIER
Largest movements
- Cash +€1,189
up €1,189 (+3.2%), from €37,205 to €38,394
mainly Net result for the year (+€3,747) and Depreciation (+€1,538)
- Receivables within one year +€1,172
up €1,172 (+11.7%), from €10,010 to €11,182
of which Other amounts receivable: +€2,382
- Reserves +€3,747
up €3,747 (+16.4%), from €22,811 to €26,558
- Tax, wage and social debts -€1,017
down €1,017 (-17.4%), from €5,861 to €4,844
of which Remuneration and social security: -€1,142
- Trade debts -€803
down €803 (-66.3%), from €1,211 to €408
- Gross operating margin -€11,043
down €11,043 (-42.9%), from €25,738 to €14,694
- Taxes -€1,974
down €1,974 (-31.8%), from €6,217 to €4,243
- Other operating charges -€745
down €745 (-29.0%), from €2,570 to €1,825
- Financial charges -€588
down €588 (-14.4%), from €4,076 to €3,488
- Depreciation +€505
up €505 (+48.9%), from €1,033 to €1,538
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 | €49,548 | €51,660 | +€2,113 | +4.3% |
| Fixed assets | 21/28 | €2,332 | €2,058 | -€274 | -11.8% |
| Tangible fixed assets | 22/27 | €2,332 | €2,058 | -€274 | -11.8% |
| Furniture and vehicles | 24 | €2,332 | €2,058 | -€274 | -11.8% |
| Current assets | 29/58 | €47,215 | €49,602 | +€2,387 | +5.1% |
| Amounts receivable within one year | 40/41 | €10,010 | €11,182 | +€1,172 | +11.7% |
| Trade receivables | 40 | €7,521 | €6,311 | -€1,209 | -16.1% |
| Other amounts receivable | 41 | €2,489 | €4,871 | +€2,382 | +95.7% |
| Cash at bank and in hand | 54/58 | €37,205 | €38,394 | +€1,189 | +3.2% |
| Deferred charges and accrued income | 490/1 | - | €26 | +€26 | |
| Total equity and liabilities | 10/49 | €49,548 | €51,660 | +€2,113 | +4.3% |
| Equity | 10/15 | €42,227 | €45,975 | +€3,747 | +8.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,811 | €26,558 | +€3,747 | +16.4% |
| Distributable reserves | 133 | €22,811 | €26,558 | +€3,747 | +16.4% |
| Profit (loss) carried forward | 14 | €13,217 | €13,217 | = | 0.0% |
| Amounts payable | 17/49 | €7,320 | €5,685 | -€1,635 | -22.3% |
| Amounts payable within one year | 42/48 | €7,072 | €5,252 | -€1,820 | -25.7% |
| Trade debts | 44 | €1,211 | €408 | -€803 | -66.3% |
| Suppliers | 440/4 | €1,211 | €408 | -€803 | -66.3% |
| Taxes, remuneration and social security | 45 | €5,861 | €4,844 | -€1,017 | -17.4% |
| Taxes | 450/3 | €4,719 | €4,844 | +€125 | +2.6% |
| Remuneration and social security | 454/9 | €1,142 | €0 | -€1,142 | -100% |
| Accrued charges and deferred income | 492/3 | €248 | €434 | +€186 | +74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,033 | €1,538 | +€505 | +48.9% |
| Other operating charges | 640/8 | €2,570 | €1,825 | -€745 | -29.0% |
| Gross operating margin | 9900 | €25,738 | €14,694 | -€11,043 | -42.9% |
| Operating profit (loss) | 9901 | €22,135 | €11,331 | -€10,804 | -48.8% |
| Financial income | 75/76B | €144 | €147 | +€3 | +2.0% |
| Recurring financial income | 75 | €144 | €147 | +€3 | +2.0% |
| Financial charges | 65/66B | €4,076 | €3,488 | -€588 | -14.4% |
| Recurring financial charges | 65 | €4,076 | €3,488 | -€588 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €18,203 | €7,990 | -€10,213 | -56.1% |
| Income taxes | 67/77 | €6,217 | €4,243 | -€1,974 | -31.8% |
| Profit (loss) for the period | 9904 | €11,986 | €3,747 | -€8,239 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,986 | €3,747 | -€8,239 | -68.7% |
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 17 October 2026 via checked.be.