PAUL TRAITEUR: 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 TRAITEUR
Largest movements
- Cash +€18,779
up €18,779 (+214%), from €8,758 to €27,537
mainly Net result for the year (+€60,406) and Depreciation (+€10,728)
- Tangible fixed assets +€18,561
up €18,561 (+18.0%), from €103,158 to €121,719
of which Furniture and vehicles: +€17,363
- Receivables within one year +€15,041
up €15,041 (+3,724%), from €404 to €15,445
- Profit (loss) carried forward +€60,406
up €60,406 (+96.5%), from €62,596 to €123,003
- Other debts -€7,085
down €7,085 (-30.1%), from €23,560 to €16,475
- Gross operating margin +€30,396
up €30,396 (+47.8%), from €63,651 to €94,048
- Taxes +€6,326
up €6,326 (+45.1%), from €14,039 to €20,365
- Depreciation +€982
up €982 (+10.1%), from €9,747 to €10,728
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 | €114,264 | €167,022 | +€52,758 | +46.2% |
| Fixed assets | 21/28 | €103,158 | €121,719 | +€18,561 | +18.0% |
| Tangible fixed assets | 22/27 | €103,158 | €121,719 | +€18,561 | +18.0% |
| Land and buildings | 22 | €86,354 | €84,602 | -€1,752 | -2.0% |
| Plant, machinery and equipment | 23 | €7,272 | €10,222 | +€2,950 | +40.6% |
| Furniture and vehicles | 24 | €9,532 | €26,895 | +€17,363 | +182% |
| Current assets | 29/58 | €11,106 | €45,303 | +€34,196 | +308% |
| Stocks and contracts in progress | 3 | €395 | €178 | -€217 | -55.0% |
| Stocks | 30/36 | €395 | €178 | -€217 | -55.0% |
| Amounts receivable within one year | 40/41 | €404 | €15,445 | +€15,041 | +3,724% |
| Trade receivables | 40 | €404 | €15,445 | +€15,041 | +3,724% |
| Cash at bank and in hand | 54/58 | €8,758 | €27,537 | +€18,779 | +214% |
| Deferred charges and accrued income | 490/1 | €1,550 | €2,143 | +€593 | +38.3% |
| Total equity and liabilities | 10/49 | €114,264 | €167,022 | +€52,758 | +46.2% |
| Equity | 10/15 | €65,596 | €126,003 | +€60,406 | +92.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,596 | €123,003 | +€60,406 | +96.5% |
| Amounts payable | 17/49 | €48,668 | €41,019 | -€7,649 | -15.7% |
| Amounts payable within one year | 42/48 | €48,668 | €41,019 | -€7,649 | -15.7% |
| Trade debts | 44 | €1,480 | €1,321 | -€159 | -10.7% |
| Suppliers | 440/4 | €1,168 | €1,321 | +€153 | +13.1% |
| Bills of exchange payable | 441 | €311 | - | -€311 | |
| Taxes, remuneration and social security | 45 | €23,629 | €23,224 | -€405 | -1.7% |
| Taxes | 450/3 | €23,629 | €23,224 | -€405 | -1.7% |
| Other amounts payable | 47/48 | €23,560 | €16,475 | -€7,085 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,747 | €10,728 | +€982 | +10.1% |
| Other operating charges | 640/8 | €1,742 | €2,539 | +€798 | +45.8% |
| Non-recurring operating charges | 66A | €963 | - | -€963 | |
| Gross operating margin | 9900 | €63,651 | €94,048 | +€30,396 | +47.8% |
| Operating profit (loss) | 9901 | €51,200 | €80,780 | +€29,580 | +57.8% |
| Financial income | 75/76B | €38 | €124 | +€86 | +226% |
| Recurring financial income | 75 | €38 | €124 | +€86 | +226% |
| Financial charges | 65/66B | €122 | €133 | +€11 | +9.4% |
| Recurring financial charges | 65 | €122 | €133 | +€11 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €51,117 | €80,771 | +€29,654 | +58.0% |
| Income taxes | 67/77 | €14,039 | €20,365 | +€6,326 | +45.1% |
| Profit (loss) for the period | 9904 | €37,078 | €60,406 | +€23,329 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,078 | €60,406 | +€23,329 | +62.9% |
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 16 October 2026 via checked.be.