Paum: 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.
Paum
Largest movements
- Receivables within one year -€57,635
down €57,635 (-55.3%), from €104,263 to €46,629
of which Trade receivables: -€57,635
- Tangible fixed assets -€2,524
down €2,524 (-7.3%), from €34,447 to €31,923
of which Furniture and vehicles: -€1,386
- Reserves -€28,744
down €28,744 (-100%), from €28,744 to €0
- Profit (loss) carried forward -€17,934
down €17,934, from €0 to -€17,934
- Other debts -€13,687
down €13,687 (-22.1%), from €62,041 to €48,354
- Trade debts -€7,342
down €7,342 (-41.4%), from €17,730 to €10,388
- Tax, wage and social debts +€6,050
up €6,050 (+59.6%), from €10,148 to €16,198
of which Remuneration and social security: +€6,333
- Gross operating margin -€80,670
down €80,670, from €63,231 to -€17,439
- Write-downs +€13,230
new in 2025: €13,230
- Taxes -€7,009
down €7,009 (-100%), from €7,009 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,306 | €79,452 | -€59,855 | -43.0% |
| Fixed assets | 21/28 | €35,043 | €32,823 | -€2,220 | -6.3% |
| Intangible fixed assets | 21 | €596 | €0 | -€596 | -100% |
| Tangible fixed assets | 22/27 | €34,447 | €31,923 | -€2,524 | -7.3% |
| Plant, machinery and equipment | 23 | €6,849 | €5,711 | -€1,138 | -16.6% |
| Furniture and vehicles | 24 | €27,598 | €26,212 | -€1,386 | -5.0% |
| Financial fixed assets | 28 | - | €900 | +€900 | |
| Current assets | 29/58 | €104,263 | €46,629 | -€57,635 | -55.3% |
| Amounts receivable within one year | 40/41 | €104,263 | €46,629 | -€57,635 | -55.3% |
| Trade receivables | 40 | €59,692 | €2,057 | -€57,635 | -96.6% |
| Other amounts receivable | 41 | €44,572 | €44,572 | = | 0.0% |
| Total equity and liabilities | 10/49 | €139,306 | €79,452 | -€59,855 | -43.0% |
| Equity | 10/15 | €47,294 | €616 | -€46,678 | -98.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €28,744 | €0 | -€28,744 | -100% |
| Distributable reserves | 133 | €28,744 | €0 | -€28,744 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€17,934 | -€17,934 | |
| Amounts payable | 17/49 | €92,012 | €78,836 | -€13,176 | -14.3% |
| Amounts payable within one year | 42/48 | €92,012 | €78,836 | -€13,176 | -14.3% |
| Financial debts | 43 | €2,093 | €3,896 | +€1,803 | +86.1% |
| Credit institutions | 430/8 | €2,093 | €3,896 | +€1,803 | +86.1% |
| Trade debts | 44 | €17,730 | €10,388 | -€7,342 | -41.4% |
| Suppliers | 440/4 | €17,730 | €10,388 | -€7,342 | -41.4% |
| Taxes, remuneration and social security | 45 | €10,148 | €16,198 | +€6,050 | +59.6% |
| Taxes | 450/3 | €10,148 | €9,865 | -€283 | -2.8% |
| Remuneration and social security | 454/9 | - | €6,333 | +€6,333 | |
| Other amounts payable | 47/48 | €62,041 | €48,354 | -€13,687 | -22.1% |
| Remuneration, social security and pensions | 62 | €1,575 | €1,680 | +€105 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,861 | €12,770 | -€91 | -0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,230 | +€13,230 | |
| Other operating charges | 640/8 | €1,143 | €1,125 | -€18 | -1.6% |
| Gross operating margin | 9900 | €63,231 | -€17,439 | -€80,670 | |
| Operating profit (loss) | 9901 | €47,652 | -€46,244 | -€93,896 | |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €514 | €436 | -€78 | -15.2% |
| Recurring financial charges | 65 | €514 | €436 | -€78 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €47,139 | -€46,678 | -€93,817 | |
| Income taxes | 67/77 | €7,009 | €0 | -€7,009 | -100% |
| Profit (loss) for the period | 9904 | €40,129 | -€46,678 | -€86,808 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,129 | -€46,678 | -€86,808 |
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 22 October 2026 via checked.be.