PAUL TRADERS: 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 TRADERS
Largest movements
- Stocks and contracts +€5,252
up €5,252 (+13.5%), from €38,936 to €44,188
- Cash -€2,036
down €2,036 (-20.0%), from €10,163 to €8,127
mainly Trade debts (-€20,257) and Stocks and contracts (-€5,252)
- Receivables within one year -€947
down €947 (-100.0%), from €947 to €0
- Trade debts -€20,257
down €20,257 (-94.1%), from €21,534 to €1,277
- Other debts +€16,833
new in 2025: €16,833
- Reserves +€3,217
up €3,217 (+18.5%), from €17,424 to €20,641
of which Distributable reserves: +€3,217
- Tax, wage and social debts +€2,764
new in 2025: €2,764
- Gross operating margin +€10,701
up €10,701, from -€3,225 to €7,476
- Other operating charges +€1,627
up €1,627 (+82.8%), from €1,964 to €3,591
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.
Cash bridge derived
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 | €57,558 | €60,116 | +€2,558 | +4.4% |
| Fixed assets | 21/28 | €7,511 | €7,801 | +€289 | +3.9% |
| Financial fixed assets | 28 | €7,511 | €7,801 | +€289 | +3.9% |
| Current assets | 29/58 | €50,046 | €52,315 | +€2,269 | +4.5% |
| Stocks and contracts in progress | 3 | €38,936 | €44,188 | +€5,252 | +13.5% |
| Stocks | 30/36 | €38,936 | €44,188 | +€5,252 | +13.5% |
| Amounts receivable within one year | 40/41 | €947 | €0 | -€947 | -100.0% |
| Other amounts receivable | 41 | €947 | €0 | -€947 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,163 | €8,127 | -€2,036 | -20.0% |
| Total equity and liabilities | 10/49 | €57,558 | €60,116 | +€2,558 | +4.4% |
| Equity | 10/15 | €36,024 | €39,241 | +€3,217 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,424 | €20,641 | +€3,217 | +18.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,564 | €18,781 | +€3,217 | +20.7% |
| Amounts payable | 17/49 | €21,534 | €20,875 | -€659 | -3.1% |
| Amounts payable within one year | 42/48 | €21,534 | €20,875 | -€659 | -3.1% |
| Trade debts | 44 | €21,534 | €1,277 | -€20,257 | -94.1% |
| Suppliers | 440/4 | €21,534 | €1,277 | -€20,257 | -94.1% |
| Taxes, remuneration and social security | 45 | - | €2,764 | +€2,764 | |
| Taxes | 450/3 | - | €2,764 | +€2,764 | |
| Other amounts payable | 47/48 | - | €16,833 | +€16,833 | |
| Other operating charges | 640/8 | €1,964 | €3,591 | +€1,627 | +82.8% |
| Gross operating margin | 9900 | -€3,225 | €7,476 | +€10,701 | |
| Operating profit (loss) | 9901 | -€5,190 | €3,885 | +€9,074 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €664 | €668 | +€3 | +0.5% |
| Recurring financial charges | 65 | €664 | €668 | +€3 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,854 | €3,217 | +€9,071 | |
| Profit (loss) for the period | 9904 | -€5,854 | €3,217 | +€9,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,854 | €3,217 | +€9,071 |
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 9 October 2026 via checked.be.