PAULUS & Partners: 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.
PAULUS & Partners
Largest movements
- Cash +€7,663
up €7,663 (+94.1%), from €8,143 to €15,806
mainly Depreciation (+€5,481) and Receivables within one year (+€3,381)
- Tangible fixed assets -€6,540
down €6,540 (-82.6%), from €7,916 to €1,376
of which Furniture and vehicles: -€5,543
- Receivables within one year -€3,381
down €3,381 (-61.6%), from €5,484 to €2,104
of which Trade receivables: -€2,388
- Deferred charges and accrued income -€1,831
down €1,831 (-49.9%), from €3,672 to €1,840
- Current portion of long-term debt -€4,601
no longer reported in 2025 (was €4,601)
- Tax, wage and social debts -€3,472
down €3,472 (-47.8%), from €7,266 to €3,794
of which Taxes: -€2,086
- Profit (loss) carried forward +€3,108
up €3,108 (+56.9%), from €5,461 to €8,569
- Other debts +€1,680
new in 2025: €1,680
- Trade debts -€811
down €811 (-85.0%), from €954 to €143
- Gross operating margin -€15,002
down €15,002 (-40.7%), from €36,842 to €21,840
- Staff costs -€10,204
down €10,204 (-55.1%), from €18,531 to €8,327
- Other operating charges -€2,134
down €2,134 (-70.0%), from €3,047 to €913
- Depreciation -€1,676
down €1,676 (-23.4%), from €7,157 to €5,481
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 | €25,214 | €21,125 | -€4,089 | -16.2% |
| Fixed assets | 21/28 | €7,916 | €1,376 | -€6,540 | -82.6% |
| Tangible fixed assets | 22/27 | €7,916 | €1,376 | -€6,540 | -82.6% |
| Furniture and vehicles | 24 | €5,923 | €379 | -€5,543 | -93.6% |
| Other tangible fixed assets | 26 | €1,993 | €997 | -€997 | -50.0% |
| Current assets | 29/58 | €17,298 | €19,749 | +€2,451 | +14.2% |
| Amounts receivable within one year | 40/41 | €5,484 | €2,104 | -€3,381 | -61.6% |
| Trade receivables | 40 | €4,275 | €1,886 | -€2,388 | -55.9% |
| Other amounts receivable | 41 | €1,209 | €217 | -€992 | -82.0% |
| Cash at bank and in hand | 54/58 | €8,143 | €15,806 | +€7,663 | +94.1% |
| Deferred charges and accrued income | 490/1 | €3,672 | €1,840 | -€1,831 | -49.9% |
| Total equity and liabilities | 10/49 | €25,214 | €21,125 | -€4,089 | -16.2% |
| Equity | 10/15 | €12,171 | €15,279 | +€3,108 | +25.5% |
| Contributions | 10/11 | €6,710 | €6,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,461 | €8,569 | +€3,108 | +56.9% |
| Amounts payable | 17/49 | €13,044 | €5,847 | -€7,197 | -55.2% |
| Amounts payable within one year | 42/48 | €12,821 | €5,616 | -€7,204 | -56.2% |
| Current portion of amounts payable after more than one year | 42 | €4,601 | - | -€4,601 | |
| Trade debts | 44 | €954 | €143 | -€811 | -85.0% |
| Suppliers | 440/4 | €954 | €143 | -€811 | -85.0% |
| Taxes, remuneration and social security | 45 | €7,266 | €3,794 | -€3,472 | -47.8% |
| Taxes | 450/3 | €5,880 | €3,794 | -€2,086 | -35.5% |
| Remuneration and social security | 454/9 | €1,386 | - | -€1,386 | |
| Other amounts payable | 47/48 | - | €1,680 | +€1,680 | |
| Accrued charges and deferred income | 492/3 | €223 | €230 | +€7 | +3.2% |
| Non-recurring operating income | 76A | - | €9,283 | +€9,283 | |
| Remuneration, social security and pensions | 62 | €18,531 | €8,327 | -€10,204 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,157 | €5,481 | -€1,676 | -23.4% |
| Other operating charges | 640/8 | €3,047 | €913 | -€2,134 | -70.0% |
| Gross operating margin | 9900 | €36,842 | €21,840 | -€15,002 | -40.7% |
| Operating profit (loss) | 9901 | €8,107 | €7,119 | -€988 | -12.2% |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €537 | €203 | -€333 | -62.1% |
| Recurring financial charges | 65 | €537 | €203 | -€333 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €7,691 | €6,916 | -€775 | -10.1% |
| Income taxes | 67/77 | €4,086 | €3,808 | -€278 | -6.8% |
| Profit (loss) for the period | 9904 | €3,605 | €3,108 | -€497 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,605 | €3,108 | -€497 | -13.8% |
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 21 October 2026 via checked.be.