PAULS - ST.VITH: 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.
What changed
PAULS - ST.VITH
NACE 16.110, Sawmilling and planing of wood
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€850,613
2024 · €1.5m-€652,002
Equity
€36.8m
2024 · €36.0m+€850,613
Cash
€362,498
2024 · €641,377-€278,879
Balance sheet total
€42.2m
2024 · €40.4m+€1.8m
Largest movements
Assets
- Current investments -€1.3m
no longer reported in 2025 (was €1.3m)
- Receivables after one year +€1.2m
up €1.2m (+4.0%), from €30.8m to €32.0m
- Receivables within one year +€1.2m
up €1.2m (+25.2%), from €4.8m to €6.0m
of which Trade receivables: +€844,033
- Stocks and contracts +€808,476
up €808,476 (+33.5%), from €2.4m to €3.2m
Equity and liabilities
- Profit (loss) carried forward +€1.9m
up €1.9m (+6.0%), from €32.1m to €34.0m
- Trade debts +€1.5m
up €1.5m (+41.3%), from €3.7m to €5.3m
- Reserves -€1.1m
down €1.1m (-28.7%), from €3.8m to €2.7m
of which Tax-exempt reserves: -€1.1m
- Current portion of long-term debt -€450,000
no longer reported in 2025 (was €450,000)
Income statement
- Goods and materials +€2.8m
up €2.8m (+21.6%), from €13.1m to €15.9m
of which Purchases: +€4.5m
- Turnover +€2.2m
up €2.2m (+12.8%), from €17.0m to €19.1m
- Taxes -€225,489
down €225,489 (-44.8%), from €503,601 to €278,112
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.
Result 2024
€1.5m
Turnover
+€2.2m
Other operating income
-€22,856
Goods and materials
-€2.8m
Services and other goods
-€10,766
Staff costs
+€20,164
Depreciation
+€3,277
Write-downs
+€48,454
Provisions
+€91,862
Other operating charges
-€11,521
Other operating items
-€275,358
Financial income
+€52,625
Financial charges
-€117,400
Taxes
+€225,489
Result 2025
€850,613
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.0m
Investment
+€1.2m
Financing
-€450,000
Cash 2024
€641,377
From operations (derived)
-€1.0m
Net result for the year
+€850,613
Depreciation
+€62,966
Receivables after one year
-€1.2m
Stocks and contracts
-€808,476
Receivables within one year
-€1.2m
Deferred charges and accrued income
-€89,713
Provisions
-€138,966
Trade debts
+€1.5m
Tax, wage and social debts
-€19,707
Accrued charges and deferred income
+€374
Investment (derived)
+€1.2m
Investment in fixed assets (net)
-€32,038
Current investments
+€1.3m
Financing
-€450,000
Current portion of long-term debt
-€450,000
Cash 2025
€362,498
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,397,232 | €42,181,106 | +€1.8m | +4.4% |
| Fixed assets | 21/28 | €149,266 | €118,338 | -€30,928 | -20.7% |
| Tangible fixed assets | 22/27 | €140,754 | €112,063 | -€28,691 | -20.4% |
| Plant, machinery and equipment | 23 | €15,782 | €6,674 | -€9,108 | -57.7% |
| Furniture and vehicles | 24 | €124,972 | €105,389 | -€19,583 | -15.7% |
| Financial fixed assets | 28 | €8,512 | €6,275 | -€2,237 | -26.3% |
| Affiliated companies | 280/1 | €8,512 | €6,275 | -€2,237 | -26.3% |
| Participating interests | 280 | €8,512 | €6,275 | -€2,237 | -26.3% |
| Current assets | 29/58 | €40,247,966 | €42,062,768 | +€1.8m | +4.5% |
| Amounts receivable after more than one year | 29 | €30,755,000 | €32,000,000 | +€1.2m | +4.0% |
| Other amounts receivable | 291 | €30,755,000 | €32,000,000 | +€1.2m | +4.0% |
| Stocks and contracts in progress | 3 | €2,414,262 | €3,222,738 | +€808,476 | +33.5% |
| Stocks | 30/36 | €2,414,262 | €3,222,738 | +€808,476 | +33.5% |
| Goods purchased for resale | 34 | €2,414,262 | €3,222,738 | +€808,476 | +33.5% |
| Amounts receivable within one year | 40/41 | €4,765,410 | €5,965,902 | +€1.2m | +25.2% |
| Trade receivables | 40 | €4,473,301 | €5,317,334 | +€844,033 | +18.9% |
| Other amounts receivable | 41 | €292,109 | €648,568 | +€356,460 | +122% |
| Current investments | 50/53 | €1,250,000 | - | -€1.3m | |
| Other investments | 51/53 | €1,250,000 | - | -€1.3m | |
| Cash at bank and in hand | 54/58 | €641,377 | €362,498 | -€278,879 | -43.5% |
| Deferred charges and accrued income | 490/1 | €421,917 | €511,629 | +€89,713 | +21.3% |
| Total equity and liabilities | 10/49 | €40,397,232 | €42,181,106 | +€1.8m | +4.4% |
| Equity | 10/15 | €35,988,014 | €36,838,627 | +€850,613 | +2.4% |
| Contributions | 10/11 | €105,500 | €105,500 | = | 0.0% |
| Capital | 10 | €105,500 | €105,500 | = | 0.0% |
| Issued capital | 100 | €105,500 | €105,500 | = | 0.0% |
| Reserves | 13 | €3,769,560 | €2,688,110 | -€1.1m | -28.7% |
| Non-distributable reserves | 130/1 | €10,550 | €10,550 | = | 0.0% |
| Legal reserve | 130 | €10,550 | €10,550 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,759,010 | €2,677,560 | -€1.1m | -28.8% |
| Profit (loss) carried forward | 14 | €32,112,954 | €34,045,017 | +€1.9m | +6.0% |
| Provisions and deferred taxes | 16 | €138,966 | - | -€138,966 | |
| Provisions for liabilities and charges | 160/5 | €138,966 | - | -€138,966 | |
| Major repairs and maintenance | 162 | €38,108 | - | -€38,108 | |
| Other liabilities and charges | 164/5 | €100,858 | - | -€100,858 | |
| Amounts payable | 17/49 | €4,270,252 | €5,342,479 | +€1.1m | +25.1% |
| Amounts payable within one year | 42/48 | €4,265,410 | €5,337,262 | +€1.1m | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €450,000 | - | -€450,000 | |
| Trade debts | 44 | €3,733,193 | €5,274,752 | +€1.5m | +41.3% |
| Suppliers | 440/4 | €3,733,193 | €5,274,752 | +€1.5m | +41.3% |
| Taxes, remuneration and social security | 45 | €82,217 | €62,510 | -€19,707 | -24.0% |
| Taxes | 450/3 | €40,760 | €10,948 | -€29,812 | -73.1% |
| Remuneration and social security | 454/9 | €41,457 | €51,563 | +€10,105 | +24.4% |
| Accrued charges and deferred income | 492/3 | €4,842 | €5,216 | +€374 | +7.7% |
| Operating income | 70/76A | €17,393,129 | €19,272,874 | +€1.9m | +10.8% |
| Turnover | 70 | €16,971,700 | €19,149,659 | +€2.2m | +12.8% |
| Other operating income | 74 | €38,828 | €15,972 | -€22,856 | -58.9% |
| Non-recurring operating income | 76A | €382,602 | €107,243 | -€275,358 | -72.0% |
| Operating charges | 60/66A | €16,238,304 | €18,930,763 | +€2.7m | +16.6% |
| Goods for resale, raw materials and consumables | 60 | €13,105,805 | €15,939,734 | +€2.8m | +21.6% |
| Purchases | 600/8 | €12,203,314 | €16,748,210 | +€4.5m | +37.2% |
| Change in stocks: decrease (increase) | 609 | €902,491 | -€808,476 | -€1.7m | |
| Services and other goods | 61 | €2,524,530 | €2,535,295 | +€10,766 | +0.4% |
| Remuneration, social security and pensions | 62 | €544,836 | €524,671 | -€20,164 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,243 | €62,966 | -€3,277 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,886 | -€42,568 | -€48,454 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€8,996 | -€100,858 | -€91,862 | -1,021% |
| Other operating charges | 640/8 | - | €11,521 | +€11,521 | |
| Operating profit (loss) | 9901 | €1,154,825 | €342,111 | -€812,714 | -70.4% |
| Financial income | 75/76B | €929,539 | €982,163 | +€52,625 | +5.7% |
| Recurring financial income | 75 | €929,539 | €982,163 | +€52,625 | +5.7% |
| Income from financial fixed assets | 750 | €879,502 | €934,610 | +€55,108 | +6.3% |
| Other financial income | 752/9 | €50,037 | €47,553 | -€2,484 | -5.0% |
| Financial charges | 65/66B | €78,149 | €195,549 | +€117,400 | +150% |
| Recurring financial charges | 65 | €78,149 | €195,549 | +€117,400 | +150% |
| Debt charges | 650 | €78,149 | €195,549 | +€117,400 | +150% |
| Profit (loss) for the period before taxes | 9903 | €2,006,215 | €1,128,725 | -€877,490 | -43.7% |
| Income taxes | 67/77 | €503,601 | €278,112 | -€225,489 | -44.8% |
| Taxes | 670/3 | €503,601 | €278,112 | -€225,489 | -44.8% |
| Profit (loss) for the period | 9904 | €1,502,614 | €850,613 | -€652,002 | -43.4% |
| Transfer from tax-exempt reserves | 789 | €2,793,010 | €1,813,990 | -€979,020 | -35.1% |
| Transfer to tax-exempt reserves | 689 | €736,750 | €732,540 | -€4,210 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,558,874 | €1,932,063 | -€1.6m | -45.7% |
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 22 October 2026 via checked.be.