PAULORUIZ: 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.
PAULORUIZ
Largest movements
- Cash +€32,644
up €32,644 (+36.9%), from €88,429 to €121,073
mainly Net result for the year (+€49,345) and Tax, wage and social debts (+€4,179)
- Receivables within one year +€25,471
up €25,471 (+403%), from €6,318 to €31,789
of which Other amounts receivable: +€19,719
- Reserves +€30,000
up €30,000 (+1,613%), from €1,860 to €31,860
- Profit (loss) carried forward +€19,345
up €19,345 (+28.4%), from €68,168 to €87,514
- Tax, wage and social debts +€4,179
up €4,179 (+58.9%), from €7,099 to €11,278
of which Taxes: +€3,905
- Trade debts +€3,259
up €3,259 (+99.7%), from €3,268 to €6,527
- Gross operating margin +€50,925
up €50,925 (+382%), from €13,329 to €64,254
- Taxes +€6,525
up €6,525 (+600%), from €1,087 to €7,612
- Depreciation -€3,273
down €3,273 (-63.7%), from €5,137 to €1,864
- Financial income -€1,023
down €1,023 (-94.3%), from €1,085 to €62
- Other operating charges +€958
new in 2025: €958
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 | €98,995 | €155,778 | +€56,783 | +57.4% |
| Fixed assets | 21/28 | €2,393 | €1,510 | -€882 | -36.9% |
| Tangible fixed assets | 22/27 | €2,393 | €1,510 | -€882 | -36.9% |
| Plant, machinery and equipment | 23 | €1,282 | €856 | -€426 | -33.2% |
| Furniture and vehicles | 24 | €1,111 | €655 | -€456 | -41.1% |
| Current assets | 29/58 | €96,603 | €154,268 | +€57,665 | +59.7% |
| Stocks and contracts in progress | 3 | €1,856 | €1,406 | -€450 | -24.3% |
| Stocks | 30/36 | €1,856 | €1,406 | -€450 | -24.3% |
| Amounts receivable within one year | 40/41 | €6,318 | €31,789 | +€25,471 | +403% |
| Trade receivables | 40 | €3,154 | €8,907 | +€5,752 | +182% |
| Other amounts receivable | 41 | €3,164 | €22,883 | +€19,719 | +623% |
| Cash at bank and in hand | 54/58 | €88,429 | €121,073 | +€32,644 | +36.9% |
| Total equity and liabilities | 10/49 | €98,995 | €155,778 | +€56,783 | +57.4% |
| Equity | 10/15 | €88,628 | €137,974 | +€49,345 | +55.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €31,860 | +€30,000 | +1,613% |
| Distributable reserves | 133 | €1,860 | €31,860 | +€30,000 | +1,613% |
| Profit (loss) carried forward | 14 | €68,168 | €87,514 | +€19,345 | +28.4% |
| Amounts payable | 17/49 | €10,367 | €17,804 | +€7,438 | +71.7% |
| Amounts payable within one year | 42/48 | €10,367 | €17,804 | +€7,438 | +71.7% |
| Trade debts | 44 | €3,268 | €6,527 | +€3,259 | +99.7% |
| Suppliers | 440/4 | €3,268 | €6,527 | +€3,259 | +99.7% |
| Taxes, remuneration and social security | 45 | €7,099 | €11,278 | +€4,179 | +58.9% |
| Taxes | 450/3 | €7,099 | €11,004 | +€3,905 | +55.0% |
| Remuneration and social security | 454/9 | - | €274 | +€274 | |
| Remuneration, social security and pensions | 62 | €4,677 | €4,251 | -€426 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,137 | €1,864 | -€3,273 | -63.7% |
| Other operating charges | 640/8 | - | €958 | +€958 | |
| Gross operating margin | 9900 | €13,329 | €64,254 | +€50,925 | +382% |
| Operating profit (loss) | 9901 | €3,516 | €57,181 | +€53,665 | +1,526% |
| Financial income | 75/76B | €1,085 | €62 | -€1,023 | -94.3% |
| Recurring financial income | 75 | €1,085 | €62 | -€1,023 | -94.3% |
| Financial charges | 65/66B | €696 | €286 | -€410 | -58.9% |
| Recurring financial charges | 65 | €696 | €286 | -€410 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €3,905 | €56,957 | +€53,052 | +1,359% |
| Income taxes | 67/77 | €1,087 | €7,612 | +€6,525 | +600% |
| Profit (loss) for the period | 9904 | €2,818 | €49,345 | +€46,528 | +1,651% |
| Profit (loss) for the period to be appropriated | 9905 | €2,818 | €49,345 | +€46,528 | +1,651% |
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 20 October 2026 via checked.be.