PAULCHA: 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.
PAULCHA
Largest movements
- Tangible fixed assets -€82,393
down €82,393 (-2.0%), from €4.2m to €4.1m
of which Land and buildings: -€82,393
- Cash +€62,358
up €62,358 (+54.0%), from €115,481 to €177,839
mainly Depreciation (+€90,130) and Net result for the year (+€61,617)
- Profit (loss) carried forward +€61,617
up €61,617 (+26.2%), from -€234,838 to -€173,221
- Debts after one year -€47,265
down €47,265 (-13.0%), from €364,274 to €317,009
- Financial charges +€6,318
up €6,318 (+11.8%), from €53,616 to €59,934
- Gross operating margin +€6,084
up €6,084 (+2.7%), from €222,005 to €228,089
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 | €4,305,887 | €4,301,674 | -€4,214 | -0.1% |
| Fixed assets | 21/28 | €4,187,055 | €4,104,663 | -€82,393 | -2.0% |
| Tangible fixed assets | 22/27 | €4,187,055 | €4,104,663 | -€82,393 | -2.0% |
| Land and buildings | 22 | €3,419,055 | €3,336,663 | -€82,393 | -2.4% |
| Other tangible fixed assets | 26 | €768,000 | €768,000 | = | 0.0% |
| Current assets | 29/58 | €118,832 | €197,011 | +€78,179 | +65.8% |
| Cash at bank and in hand | 54/58 | €115,481 | €177,839 | +€62,358 | +54.0% |
| Deferred charges and accrued income | 490/1 | €3,351 | €19,172 | +€15,821 | +472% |
| Total equity and liabilities | 10/49 | €4,305,887 | €4,301,674 | -€4,214 | -0.1% |
| Equity | 10/15 | €1,622,062 | €1,683,679 | +€61,617 | +3.8% |
| Contributions | 10/11 | €1,856,900 | €1,856,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,838 | -€173,221 | +€61,617 | +26.2% |
| Amounts payable | 17/49 | €2,683,825 | €2,617,994 | -€65,831 | -2.5% |
| Amounts payable after more than one year | 17 | €364,274 | €317,009 | -€47,265 | -13.0% |
| Financial debts | 170/4 | €364,274 | €317,009 | -€47,265 | -13.0% |
| Amounts payable within one year | 42/48 | €2,284,624 | €2,252,167 | -€32,456 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €45,995 | €47,265 | +€1,270 | +2.8% |
| Trade debts | 44 | €2,669 | €4,494 | +€1,824 | +68.3% |
| Suppliers | 440/4 | €2,669 | €4,494 | +€1,824 | +68.3% |
| Other amounts payable | 47/48 | €2,235,959 | €2,200,408 | -€35,551 | -1.6% |
| Accrued charges and deferred income | 492/3 | €34,927 | €48,818 | +€13,891 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,364 | €90,130 | -€234 | -0.3% |
| Other operating charges | 640/8 | €15,826 | €16,408 | +€583 | +3.7% |
| Gross operating margin | 9900 | €222,005 | €228,089 | +€6,084 | +2.7% |
| Operating profit (loss) | 9901 | €115,815 | €121,551 | +€5,736 | +5.0% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.6% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.6% |
| Financial charges | 65/66B | €53,616 | €59,934 | +€6,318 | +11.8% |
| Recurring financial charges | 65 | €53,616 | €59,934 | +€6,318 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €62,207 | €61,617 | -€590 | -0.9% |
| Profit (loss) for the period | 9904 | €62,207 | €61,617 | -€590 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,207 | €61,617 | -€590 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.