PAUL HYMMER: what changed
PAUL HYMMER
Largest movements
- Cash -€33,709
down €33,709 (-56.0%), from €60,215 to €26,506
mainly Net result for the year (-€35,945) and Debts after one year (-€8,490)
- Tangible fixed assets -€14,756
down €14,756 (-39.9%), from €36,962 to €22,206
of which Leasing and similar rights: -€11,736
- Receivables within one year -€3,648
down €3,648 (-20.9%), from €17,423 to €13,775
of which Other amounts receivable: -€4,570
- Stocks and contracts +€1,327
up €1,327 (+10.0%), from €13,218 to €14,545
- Profit (loss) carried forward -€35,945
down €35,945 (-59.4%), from €60,539 to €24,594
- Debts after one year -€8,490
down €8,490 (-74.3%), from €11,424 to €2,934
- Advances received -€4,760
down €4,760 (-100%), from €4,760 to €0
- Current portion of long-term debt -€1,606
down €1,606 (-15.9%), from €10,096 to €8,490
- Gross operating margin -€84,259
down €84,259, from €64,746 to -€19,513
- Taxes -€11,787
down €11,787 (-100%), from €11,787 to €0
- Write-downs -€7,308
down €7,308 (-100%), from €7,308 to €0
- Depreciation +€761
up €761 (+5.4%), from €13,994 to €14,756
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 | €131,768 | €80,415 | -€51,352 | -39.0% |
| Fixed assets | 21/28 | €36,962 | €22,206 | -€14,756 | -39.9% |
| Tangible fixed assets | 22/27 | €36,962 | €22,206 | -€14,756 | -39.9% |
| Plant, machinery and equipment | 23 | €2,958 | €1,462 | -€1,497 | -50.6% |
| Leasing and similar rights | 25 | €21,606 | €9,871 | -€11,736 | -54.3% |
| Other tangible fixed assets | 26 | €12,398 | €10,874 | -€1,523 | -12.3% |
| Current assets | 29/58 | €94,806 | €58,209 | -€36,597 | -38.6% |
| Stocks and contracts in progress | 3 | €13,218 | €14,545 | +€1,327 | +10.0% |
| Stocks | 30/36 | €13,218 | €14,545 | +€1,327 | +10.0% |
| Amounts receivable within one year | 40/41 | €17,423 | €13,775 | -€3,648 | -20.9% |
| Trade receivables | 40 | €12,496 | €13,418 | +€922 | +7.4% |
| Other amounts receivable | 41 | €4,927 | €357 | -€4,570 | -92.8% |
| Cash at bank and in hand | 54/58 | €60,215 | €26,506 | -€33,709 | -56.0% |
| Deferred charges and accrued income | 490/1 | €3,950 | €3,384 | -€566 | -14.3% |
| Total equity and liabilities | 10/49 | €131,768 | €80,415 | -€51,352 | -39.0% |
| Equity | 10/15 | €96,357 | €60,412 | -€35,945 | -37.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €31,818 | €31,818 | = | 0.0% |
| Distributable reserves | 133 | €31,818 | €31,818 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,539 | €24,594 | -€35,945 | -59.4% |
| Amounts payable | 17/49 | €35,410 | €20,003 | -€15,407 | -43.5% |
| Amounts payable after more than one year | 17 | €11,424 | €2,934 | -€8,490 | -74.3% |
| Financial debts | 170/4 | €11,424 | €2,934 | -€8,490 | -74.3% |
| Amounts payable within one year | 42/48 | €23,986 | €17,070 | -€6,917 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €10,096 | €8,490 | -€1,606 | -15.9% |
| Trade debts | 44 | €7,345 | €7,548 | +€204 | +2.8% |
| Suppliers | 440/4 | €7,345 | €7,548 | +€204 | +2.8% |
| Advances received on contracts in progress | 46 | €4,760 | €0 | -€4,760 | -100% |
| Taxes, remuneration and social security | 45 | €31 | €0 | -€31 | -100% |
| Taxes | 450/3 | €31 | €0 | -€31 | -100% |
| Other amounts payable | 47/48 | €1,754 | €1,031 | -€723 | -41.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,994 | €14,756 | +€761 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,308 | €0 | -€7,308 | -100% |
| Other operating charges | 640/8 | €905 | €864 | -€41 | -4.6% |
| Non-recurring operating charges | 66A | - | €320 | +€320 | |
| Gross operating margin | 9900 | €64,746 | -€19,513 | -€84,259 | |
| Operating profit (loss) | 9901 | €42,538 | -€35,452 | -€77,991 | |
| Financial income | 75/76B | €3 | €11 | +€8 | +249% |
| Recurring financial income | 75 | €3 | €11 | +€8 | +249% |
| Financial charges | 65/66B | €330 | €504 | +€174 | +52.6% |
| Recurring financial charges | 65 | €330 | €504 | +€174 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €42,211 | -€35,945 | -€78,156 | |
| Income taxes | 67/77 | €11,787 | €0 | -€11,787 | -100% |
| Profit (loss) for the period | 9904 | €30,425 | -€35,945 | -€66,370 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,425 | -€35,945 | -€66,370 |
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 6 November 2026 via checked.be.