PAUWELS-BILS: what changed
What changed
PAUWELS-BILS
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
filed annual accounts (NBB)
Net result for the year
€145,610
2024 · €220,989-€75,379
Equity
-€12,447
2024 · -€158,057+€145,610
Cash
€166,083
2024 · €132,800+€33,283
Balance sheet total
€296,614
2024 · €231,051+€65,563
Largest movements
Assets
- Receivables within one year +€34,695
up €34,695 (+65.7%), from €52,801 to €87,495
of which Trade receivables: +€44,019
- Cash +€33,283
up €33,283 (+25.1%), from €132,800 to €166,083
mainly Net result for the year (+€145,610) and Current portion of long-term debt (+€5,417)
- Tangible fixed assets -€3,439
down €3,439 (-7.6%), from €45,450 to €42,012
of which Land and buildings: -€2,860
Equity and liabilities
- Profit (loss) carried forward +€145,610
up €145,610 (+21.6%), from -€675,064 to -€529,454
- Debts after one year -€70,417
down €70,417 (-24.1%), from €292,500 to €222,083
- Trade debts -€13,058
down €13,058 (-99.1%), from €13,172 to €115
- Current portion of long-term debt +€5,417
up €5,417 (+8.3%), from €65,000 to €70,417
- Accrued charges and deferred income -€3,291
down €3,291 (-30.8%), from €10,674 to €7,383
Income statement
- Gross operating margin -€91,363
down €91,363 (-27.3%), from €334,381 to €243,018
- Financial charges -€12,790
down €12,790 (-44.1%), from €29,000 to €16,210
- Depreciation -€10,638
down €10,638 (-75.6%), from €14,077 to €3,439
- Other operating charges +€5,725
up €5,725 (+31.4%), from €18,248 to €23,973
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€220,989
Gross operating margin
-€91,363
Staff costs
-€1,721
Depreciation
+€10,638
Other operating charges
-€5,725
Financial income
+€1
Financial charges
+€12,790
Result 2025
€145,610
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€98,283
Investment
€0
Financing
-€65,000
Cash 2024
€132,800
From operations (derived)
+€98,283
Net result for the year
+€145,610
Depreciation
+€3,439
Receivables within one year
-€34,695
Deferred charges and accrued income
-€1,024
Trade debts
-€13,058
Tax, wage and social debts
+€1,249
Other debts
+€53
Accrued charges and deferred income
-€3,291
Financing
-€65,000
Debts after one year
-€70,417
Current portion of long-term debt
+€5,417
Cash 2025
€166,083
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €231,051 | €296,614 | +€65,563 | +28.4% |
| Fixed assets | 21/28 | €45,450 | €42,012 | -€3,439 | -7.6% |
| Tangible fixed assets | 22/27 | €45,450 | €42,012 | -€3,439 | -7.6% |
| Land and buildings | 22 | €44,348 | €41,488 | -€2,860 | -6.4% |
| Plant, machinery and equipment | 23 | €663 | €188 | -€475 | -71.6% |
| Other tangible fixed assets | 26 | €439 | €335 | -€104 | -23.7% |
| Current assets | 29/58 | €185,601 | €254,603 | +€69,002 | +37.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €52,801 | €87,495 | +€34,695 | +65.7% |
| Trade receivables | 40 | €43,477 | €87,495 | +€44,019 | +101% |
| Other amounts receivable | 41 | €9,324 | €0 | -€9,324 | -100% |
| Cash at bank and in hand | 54/58 | €132,800 | €166,083 | +€33,283 | +25.1% |
| Deferred charges and accrued income | 490/1 | €0 | €1,024 | +€1,024 | |
| Total equity and liabilities | 10/49 | €231,051 | €296,614 | +€65,563 | +28.4% |
| Equity | 10/15 | -€158,057 | -€12,447 | +€145,610 | +92.1% |
| Contributions | 10/11 | €433,814 | €433,814 | = | 0.0% |
| Capital | 10 | €433,814 | €433,814 | = | 0.0% |
| Issued capital | 100 | €433,814 | €433,814 | = | 0.0% |
| Reserves | 13 | €83,194 | €83,194 | = | 0.0% |
| Non-distributable reserves | 130/1 | €43,381 | €43,381 | = | 0.0% |
| Legal reserve | 130 | €43,381 | €43,381 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,812 | €39,812 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€675,064 | -€529,454 | +€145,610 | +21.6% |
| Amounts payable | 17/49 | €389,108 | €309,061 | -€80,047 | -20.6% |
| Amounts payable after more than one year | 17 | €292,500 | €222,083 | -€70,417 | -24.1% |
| Financial debts | 170/4 | €292,500 | €222,083 | -€70,417 | -24.1% |
| Amounts payable within one year | 42/48 | €85,934 | €79,594 | -€6,339 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €65,000 | €70,417 | +€5,417 | +8.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €13,172 | €115 | -€13,058 | -99.1% |
| Suppliers | 440/4 | €13,172 | €115 | -€13,058 | -99.1% |
| Taxes, remuneration and social security | 45 | €6,767 | €8,016 | +€1,249 | +18.5% |
| Taxes | 450/3 | - | €2,387 | +€2,387 | |
| Remuneration and social security | 454/9 | €6,767 | €5,629 | -€1,138 | -16.8% |
| Other amounts payable | 47/48 | €995 | €1,047 | +€53 | +5.3% |
| Accrued charges and deferred income | 492/3 | €10,674 | €7,383 | -€3,291 | -30.8% |
| Non-recurring operating income | 76A | €175,530 | €0 | -€175,530 | -100% |
| Remuneration, social security and pensions | 62 | €52,084 | €53,805 | +€1,721 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,077 | €3,439 | -€10,638 | -75.6% |
| Other operating charges | 640/8 | €18,248 | €23,973 | +€5,725 | +31.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €334,381 | €243,018 | -€91,363 | -27.3% |
| Operating profit (loss) | 9901 | €249,972 | €161,802 | -€88,170 | -35.3% |
| Financial income | 75/76B | €17 | €18 | +€1 | +7.7% |
| Recurring financial income | 75 | €17 | €18 | +€1 | +7.7% |
| Financial charges | 65/66B | €29,000 | €16,210 | -€12,790 | -44.1% |
| Recurring financial charges | 65 | €29,000 | €16,210 | -€12,790 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €220,989 | €145,610 | -€75,379 | -34.1% |
| Profit (loss) for the period | 9904 | €220,989 | €145,610 | -€75,379 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €220,989 | €145,610 | -€75,379 | -34.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.