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PAUL COURANT: what changed

What changed

PAUL COURANT

BE 0885.209.429
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€4,157
2024 · €1,901+€2,255
Equity
€155,339
2024 · €151,182+€4,157
Cash
€123
2024 · €398-€276
Balance sheet total
€155,376
2024 · €151,458+€3,918

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€4,878

    up €4,878 (+3.3%), from €149,007 to €153,886

    of which Other amounts receivable: +€4,878

Equity and liabilities
  • Profit (loss) carried forward +€4,157

    up €4,157 (+2.3%), from -€180,458 to -€176,302

Income statement
  • Gross operating margin +€1,331

    up €1,331 (+50.6%), from -€2,634 to -€1,302

  • Financial income +€877

    up €877 (+14.8%), from €5,933 to €6,810

  • Other operating charges -€48

    down €48 (-9.3%), from €518 to €470

Change in the result, 2024 to 2025

effect on the result

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 €1,901
Gross operating margin +€1,331
Other operating charges +€48
Financial income +€877
Financial charges -€1
Result 2025 €4,157
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 -€276
Investment €0
Financing €0
Cash 2024 €398
Net result for the year +€4,157
Depreciation +€684
Receivables within one year -€4,878
Trade debts -€257
Tax, wage and social debts +€19
Cash 2025 €123
brings cash intakes cash out
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €151,458 €155,376 +€3,918 +2.6%
Fixed assets 21/28 €2,052 €1,368 -€684 -33.3%
Tangible fixed assets 22/27 €2,052 €1,368 -€684 -33.3%
Land and buildings 22 €2,052 €1,368 -€684 -33.3%
Current assets 29/58 €149,406 €154,008 +€4,602 +3.1%
Amounts receivable within one year 40/41 €149,007 €153,886 +€4,878 +3.3%
Trade receivables 40 €33,275 €33,275 = 0.0%
Other amounts receivable 41 €115,732 €120,611 +€4,878 +4.2%
Cash at bank and in hand 54/58 €398 €123 -€276 -69.3%
Total equity and liabilities 10/49 €151,458 €155,376 +€3,918 +2.6%
Equity 10/15 €151,182 €155,339 +€4,157 +2.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €313,040 €313,040 = 0.0%
Distributable reserves 133 €313,040 €313,040 = 0.0%
Profit (loss) carried forward 14 -€180,458 -€176,302 +€4,157 +2.3%
Amounts payable 17/49 €276 €37 -€238 -86.4%
Amounts payable within one year 42/48 €276 €37 -€238 -86.4%
Trade debts 44 €257 - -€257
Suppliers 440/4 €257 - -€257
Taxes, remuneration and social security 45 €19 €37 +€19 +100%
Taxes 450/3 €19 €37 +€19 +100%
Non-recurring operating income 76A €108 €108 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €684 €684 = 0.0%
Other operating charges 640/8 €518 €470 -€48 -9.3%
Gross operating margin 9900 -€2,634 -€1,302 +€1,331 +50.6%
Operating profit (loss) 9901 -€3,836 -€2,456 +€1,380 +36.0%
Financial income 75/76B €5,933 €6,810 +€877 +14.8%
Recurring financial income 75 €5,933 €6,810 +€877 +14.8%
Financial charges 65/66B €196 €197 +€1 +0.6%
Recurring financial charges 65 €196 €197 +€1 +0.6%
Profit (loss) for the period before taxes 9903 €1,901 €4,157 +€2,255 +119%
Profit (loss) for the period 9904 €1,901 €4,157 +€2,255 +119%
Profit (loss) for the period to be appropriated 9905 €1,901 €4,157 +€2,255 +119%
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 4 November 2026 via checked.be.