Paulig Belgium: what changed
Paulig Belgium
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+391%), from €443,834 to €2.2m
of which Trade receivables: +€1.7m
- Cash +€508,742
up €508,742 (+326%), from €156,222 to €664,964
mainly Trade debts (+€1.6m) and Accrued charges and deferred income (+€450,517)
- Deferred charges and accrued income +€99,849
new in 2025: €99,849
- Trade debts +€1.6m
up €1.6m (+1,294,364%), from €126 to €1.6m
- Accrued charges and deferred income +€450,517
up €450,517 (+30,794%), from €1,463 to €451,980
- Profit (loss) carried forward +€177,340
up €177,340 (+36.5%), from €485,366 to €662,706
- Tax, wage and social debts +€87,270
up €87,270 (+281%), from €31,068 to €118,338
of which Taxes: +€92,381
- Gross operating margin +€121,430
up €121,430 (+63.0%), from €192,661 to €314,091
- Taxes +€29,774
up €29,774 (+84.8%), from €35,096 to €64,870
- Staff costs -€26,558
down €26,558 (-26.0%), from €102,305 to €75,747
- Financial income -€5,465
down €5,465 (-39.5%), from €13,828 to €8,363
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 | €600,193 | €2,946,219 | +€2.3m | +391% |
| Fixed assets | 21/28 | €137 | €137 | = | 0.0% |
| Financial fixed assets | 28 | €137 | €137 | = | 0.0% |
| Current assets | 29/58 | €600,056 | €2,946,082 | +€2.3m | +391% |
| Stocks and contracts in progress | 3 | - | €2,185 | +€2,185 | |
| Stocks | 30/36 | - | €2,185 | +€2,185 | |
| Amounts receivable within one year | 40/41 | €443,834 | €2,179,084 | +€1.7m | +391% |
| Trade receivables | 40 | €443,721 | €2,145,084 | +€1.7m | +383% |
| Other amounts receivable | 41 | €113 | €34,000 | +€33,887 | +29,988% |
| Cash at bank and in hand | 54/58 | €156,222 | €664,964 | +€508,742 | +326% |
| Deferred charges and accrued income | 490/1 | - | €99,849 | +€99,849 | |
| Total equity and liabilities | 10/49 | €600,193 | €2,946,219 | +€2.3m | +391% |
| Equity | 10/15 | €567,536 | €744,876 | +€177,340 | +31.2% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €20,197 | €20,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €485,366 | €662,706 | +€177,340 | +36.5% |
| Amounts payable | 17/49 | €32,657 | €2,201,343 | +€2.2m | +6,641% |
| Amounts payable within one year | 42/48 | €31,194 | €1,749,363 | +€1.7m | +5,508% |
| Trade debts | 44 | €126 | €1,631,025 | +€1.6m | +1,294,364% |
| Suppliers | 440/4 | €126 | €1,631,025 | +€1.6m | +1,294,364% |
| Taxes, remuneration and social security | 45 | €31,068 | €118,338 | +€87,270 | +281% |
| Taxes | 450/3 | €5,579 | €97,960 | +€92,381 | +1,656% |
| Remuneration and social security | 454/9 | €25,489 | €20,378 | -€5,111 | -20.1% |
| Accrued charges and deferred income | 492/3 | €1,463 | €451,980 | +€450,517 | +30,794% |
| Remuneration, social security and pensions | 62 | €102,305 | €75,747 | -€26,558 | -26.0% |
| Gross operating margin | 9900 | €192,661 | €314,091 | +€121,430 | +63.0% |
| Operating profit (loss) | 9901 | €90,356 | €238,344 | +€147,988 | +164% |
| Financial income | 75/76B | €13,828 | €8,363 | -€5,465 | -39.5% |
| Recurring financial income | 75 | €13,828 | €8,363 | -€5,465 | -39.5% |
| Financial charges | 65/66B | €1,787 | €4,497 | +€2,710 | +152% |
| Recurring financial charges | 65 | €1,787 | €4,497 | +€2,710 | +152% |
| Profit (loss) for the period before taxes | 9903 | €102,397 | €242,210 | +€139,813 | +137% |
| Income taxes | 67/77 | €35,096 | €64,870 | +€29,774 | +84.8% |
| Profit (loss) for the period | 9904 | €67,301 | €177,340 | +€110,039 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €67,301 | €177,340 | +€110,039 | +164% |
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 4 November 2026 via checked.be.