PAULINE SCHAUS: what changed
Two fiscal 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.
PAULINE SCHAUS
Largest movements
- Cash +€17,998
up €17,998 (+38.6%), from €46,572 to €64,570
mainly Net result for the year (+€26,761) and Depreciation (+€6,401)
- Tangible fixed assets -€6,401
down €6,401 (-23.8%), from €26,882 to €20,480
of which Leasing and similar rights: -€5,229
- Receivables within one year +€1,659
up €1,659 (+309.1%), from €537 to €2,195
- Profit (loss) carried forward +€25,902
up €25,902, from €0 to €25,902
- Tax, wage and social debts -€9,434
down €9,434 (-45.7%), from €20,623 to €11,189
- Debts after one year -€4,278
down €4,278 (-30.4%), from €14,061 to €9,783
- Gross operating margin -€16,974
down €16,974 (-28.1%), from €60,379 to €43,405
- Taxes -€9,434
down €9,434 (-54.5%), from €17,323 to €7,889
- Depreciation +€2,156
up €2,156 (+50.8%), from €4,245 to €6,401
- Other operating charges -€911
down €911 (-34.5%), from €2,640 to €1,729
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 | €80,355 | €93,536 | +€13,181 | +16.4% |
| Fixed assets | 21/28 | €26,882 | €20,480 | -€6,401 | -23.8% |
| Tangible fixed assets | 22/27 | €26,882 | €20,480 | -€6,401 | -23.8% |
| Furniture and vehicles | 24 | €4,722 | €3,549 | -€1,172 | -24.8% |
| Leasing and similar rights | 25 | €22,160 | €16,931 | -€5,229 | -23.6% |
| Current assets | 29/58 | €53,473 | €73,056 | +€19,582 | +36.6% |
| Amounts receivable within one year | 40/41 | €537 | €2,195 | +€1,659 | +309.1% |
| Trade receivables | 40 | €537 | €2,195 | +€1,659 | +309.1% |
| Cash at bank and in hand | 54/58 | €46,572 | €64,570 | +€17,998 | +38.6% |
| Deferred charges and accrued income | 490/1 | €6,365 | €6,291 | -€74 | -1.2% |
| Total equity and liabilities | 10/49 | €80,355 | €93,536 | +€13,181 | +16.4% |
| Equity | 10/15 | €36,520 | €62,423 | +€25,902 | +70.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,520 | €34,520 | = | 0.0% |
| Distributable reserves | 133 | €34,520 | €34,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €25,902 | +€25,902 | |
| Amounts payable | 17/49 | €43,834 | €31,113 | -€12,721 | -29.0% |
| Amounts payable after more than one year | 17 | €14,061 | €9,783 | -€4,278 | -30.4% |
| Financial debts | 170/4 | €14,061 | €9,783 | -€4,278 | -30.4% |
| Amounts payable within one year | 42/48 | €29,773 | €21,331 | -€8,443 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €4,136 | €4,278 | +€143 | +3.5% |
| Trade debts | 44 | €1,048 | €1,296 | +€248 | +23.7% |
| Suppliers | 440/4 | €1,048 | €1,296 | +€248 | +23.7% |
| Taxes, remuneration and social security | 45 | €20,623 | €11,189 | -€9,434 | -45.7% |
| Taxes | 450/3 | €20,623 | €11,189 | -€9,434 | -45.7% |
| Other amounts payable | 47/48 | €3,967 | €4,567 | +€600 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,245 | €6,401 | +€2,156 | +50.8% |
| Other operating charges | 640/8 | €2,640 | €1,729 | -€911 | -34.5% |
| Gross operating margin | 9900 | €60,379 | €43,405 | -€16,974 | -28.1% |
| Operating profit (loss) | 9901 | €53,494 | €35,275 | -€18,219 | -34.1% |
| Financial charges | 65/66B | €850 | €624 | -€226 | -26.6% |
| Recurring financial charges | 65 | €850 | €624 | -€226 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €52,644 | €34,651 | -€17,993 | -34.2% |
| Income taxes | 67/77 | €17,323 | €7,889 | -€9,434 | -54.5% |
| Profit (loss) for the period | 9904 | €35,320 | €26,761 | -€8,559 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,320 | €26,761 | -€8,559 | -24.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.