PAULUS: 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.
PAULUS
Largest movements
- Receivables within one year +€1,430
up €1,430 (+16.3%), from €8,775 to €10,206
of which Other amounts receivable: +€1,311
- Cash +€1,347
up €1,347 (+99.3%), from €1,357 to €2,704
mainly Tax, wage and social debts (+€2,386) and Deferred charges and accrued income (+€1,281)
- Deferred charges and accrued income -€1,281
down €1,281 (-68.8%), from €1,861 to €580
- Tangible fixed assets +€634
up €634 (+413.0%), from €153 to €787
of which Furniture and vehicles: +€710
- Tax, wage and social debts +€2,386
up €2,386 (+31.8%), from €7,511 to €9,898
of which Taxes: +€2,366
- Profit (loss) carried forward -€1,634
down €1,634 (-4.0%), from -€41,042 to -€42,676
- Trade debts +€817
up €817 (+19.7%), from €4,145 to €4,962
- Short-term financial debts +€561
up €561 (+13.8%), from €4,058 to €4,619
- Gross operating margin -€6,463
down €6,463 (-75.1%), from €8,606 to €2,143
- Other operating charges -€2,582
down €2,582 (-64.3%), from €4,013 to €1,432
- Depreciation -€2,430
down €2,430 (-95.6%), from €2,543 to €113
- Financial income +€200
up €200 (+66.5%), from €301 to €501
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,672 | €38,803 | +€2,130 | +5.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,043 | €4,677 | +€634 | +15.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €153 | €787 | +€634 | +413.0% |
| Furniture and vehicles | 24 | €0 | €710 | +€710 | |
| Other tangible fixed assets | 26 | €153 | €77 | -€77 | -49.9% |
| Financial fixed assets | 28 | €3,890 | €3,890 | = | 0.0% |
| Current assets | 29/58 | €32,629 | €34,126 | +€1,497 | +4.6% |
| Stocks and contracts in progress | 3 | €20,635 | €20,635 | = | 0.0% |
| Stocks | 30/36 | €20,635 | €20,635 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,775 | €10,206 | +€1,430 | +16.3% |
| Trade receivables | 40 | €281 | €400 | +€119 | +42.3% |
| Other amounts receivable | 41 | €8,494 | €9,806 | +€1,311 | +15.4% |
| Cash at bank and in hand | 54/58 | €1,357 | €2,704 | +€1,347 | +99.3% |
| Deferred charges and accrued income | 490/1 | €1,861 | €580 | -€1,281 | -68.8% |
| Total equity and liabilities | 10/49 | €36,672 | €38,803 | +€2,130 | +5.8% |
| Equity | 10/15 | €20,958 | €19,324 | -€1,634 | -7.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,042 | -€42,676 | -€1,634 | -4.0% |
| Amounts payable | 17/49 | €15,714 | €19,478 | +€3,764 | +24.0% |
| Amounts payable within one year | 42/48 | €15,714 | €19,478 | +€3,764 | +24.0% |
| Financial debts | 43 | €4,058 | €4,619 | +€561 | +13.8% |
| Credit institutions | 430/8 | €4,058 | €4,619 | +€561 | +13.8% |
| Trade debts | 44 | €4,145 | €4,962 | +€817 | +19.7% |
| Suppliers | 440/4 | €4,145 | €4,962 | +€817 | +19.7% |
| Taxes, remuneration and social security | 45 | €7,511 | €9,898 | +€2,386 | +31.8% |
| Taxes | 450/3 | €6,331 | €8,698 | +€2,366 | +37.4% |
| Remuneration and social security | 454/9 | €1,180 | €1,200 | +€20 | +1.7% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,543 | €113 | -€2,430 | -95.6% |
| Other operating charges | 640/8 | €4,013 | €1,432 | -€2,582 | -64.3% |
| Gross operating margin | 9900 | €8,606 | €2,143 | -€6,463 | -75.1% |
| Operating profit (loss) | 9901 | €2,050 | €598 | -€1,451 | -70.8% |
| Financial income | 75/76B | €301 | €501 | +€200 | +66.5% |
| Recurring financial income | 75 | €301 | €501 | +€200 | +66.5% |
| Financial charges | 65/66B | €2,383 | €2,422 | +€39 | +1.6% |
| Recurring financial charges | 65 | €2,383 | €2,422 | +€39 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€32 | -€1,322 | -€1,290 | -3989.9% |
| Income taxes | 67/77 | €301 | €312 | +€11 | +3.5% |
| Profit (loss) for the period | 9904 | -€334 | -€1,634 | -€1,300 | -389.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€334 | -€1,634 | -€1,300 | -389.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.