PAULSIX: 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.
PAULSIX
Largest movements
- Tangible fixed assets +€28,453
up €28,453 (+1618.9%), from €1,758 to €30,211
of which Furniture and vehicles: +€29,113
- Cash +€11,227
up €11,227 (+84.2%), from €13,337 to €24,564
mainly Debts after one year (+€18,727) and Net result for the year (+€12,277)
- Receivables within one year +€9,077
up €9,077 (+610.6%), from €1,487 to €10,564
- Stocks and contracts -€7,998
down €7,998 (-44.7%), from €17,889 to €9,892
- Debts after one year +€18,727
new in 2025: €18,727
- Profit (loss) carried forward +€12,277
up €12,277 (+149.2%), from €8,229 to €20,506
- Current portion of long-term debt +€4,896
new in 2025: €4,896
- Tax, wage and social debts +€3,225
up €3,225 (+54.4%), from €5,933 to €9,158
of which Taxes: +€3,741
- Trade debts +€2,404
up €2,404 (+13.7%), from €17,599 to €20,003
- Turnover +€104,325
up €104,325 (+31.2%), from €334,851 to €439,176
- Purchases and services +€91,697
up €91,697 (+28.2%), from €325,044 to €416,741
- Gross operating margin +€16,147
up €16,147 (+112.9%), from €14,301 to €30,448
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 | €34,471 | €75,290 | +€40,819 | +118.4% |
| Fixed assets | 21/28 | €1,758 | €30,211 | +€28,453 | +1618.9% |
| Tangible fixed assets | 22/27 | €1,758 | €30,211 | +€28,453 | +1618.9% |
| Plant, machinery and equipment | 23 | €1,758 | €1,098 | -€660 | -37.6% |
| Furniture and vehicles | 24 | - | €29,113 | +€29,113 | |
| Current assets | 29/58 | €32,713 | €45,079 | +€12,366 | +37.8% |
| Stocks and contracts in progress | 3 | €17,889 | €9,892 | -€7,998 | -44.7% |
| Stocks | 30/36 | €17,889 | €9,892 | -€7,998 | -44.7% |
| Amounts receivable within one year | 40/41 | €1,487 | €10,564 | +€9,077 | +610.6% |
| Trade receivables | 40 | €1,487 | €10,564 | +€9,077 | +610.6% |
| Cash at bank and in hand | 54/58 | €13,337 | €24,564 | +€11,227 | +84.2% |
| Deferred charges and accrued income | 490/1 | - | €59 | +€59 | |
| Total equity and liabilities | 10/49 | €34,471 | €75,290 | +€40,819 | +118.4% |
| Equity | 10/15 | €10,229 | €22,506 | +€12,277 | +120.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,229 | €20,506 | +€12,277 | +149.2% |
| Amounts payable | 17/49 | €24,242 | €52,784 | +€28,542 | +117.7% |
| Amounts payable after more than one year | 17 | - | €18,727 | +€18,727 | |
| Financial debts | 170/4 | - | €18,727 | +€18,727 | |
| Amounts payable within one year | 42/48 | €24,242 | €34,057 | +€9,814 | +40.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,896 | +€4,896 | |
| Trade debts | 44 | €17,599 | €20,003 | +€2,404 | +13.7% |
| Suppliers | 440/4 | €17,599 | €20,003 | +€2,404 | +13.7% |
| Taxes, remuneration and social security | 45 | €5,933 | €9,158 | +€3,225 | +54.4% |
| Taxes | 450/3 | €4,133 | €7,875 | +€3,741 | +90.5% |
| Remuneration and social security | 454/9 | €1,800 | €1,284 | -€516 | -28.7% |
| Other amounts payable | 47/48 | €710 | - | -€710 | |
| Turnover | 70 | €334,851 | €439,176 | +€104,325 | +31.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €325,044 | €416,741 | +€91,697 | +28.2% |
| Remuneration, social security and pensions | 62 | €4,371 | €3,518 | -€853 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €660 | €4,173 | +€3,513 | +532.2% |
| Other operating charges | 640/8 | €2,045 | €2,514 | +€469 | +22.9% |
| Gross operating margin | 9900 | €14,301 | €30,448 | +€16,147 | +112.9% |
| Operating profit (loss) | 9901 | €7,224 | €20,243 | +€13,018 | +180.2% |
| Financial income | 75/76B | - | €140 | +€140 | |
| Recurring financial income | 75 | - | €140 | +€140 | |
| Financial charges | 65/66B | €2,318 | €3,896 | +€1,578 | +68.1% |
| Recurring financial charges | 65 | €2,318 | €3,896 | +€1,578 | +68.1% |
| Profit (loss) for the period before taxes | 9903 | €4,906 | €16,486 | +€11,580 | +236.0% |
| Income taxes | 67/77 | €1,418 | €4,209 | +€2,792 | +196.9% |
| Profit (loss) for the period | 9904 | €3,488 | €12,277 | +€8,789 | +251.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,488 | €12,277 | +€8,789 | +251.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.