Pauwels Technics: 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.
Pauwels Technics
Largest movements
- Cash +€41,603
up €41,603 (+45.6%), from €91,262 to €132,865
mainly Other debts (+€87,762) and Tax, wage and social debts (+€13,631)
- Receivables within one year -€12,489
down €12,489 (-39.2%), from €31,849 to €19,360
of which Trade receivables: -€12,489
- Tangible fixed assets -€6,064
down €6,064 (-35.9%), from €16,887 to €10,823
of which Furniture and vehicles: -€5,353
- Profit (loss) carried forward -€100,000
down €100,000 (-87.5%), from €114,347 to €14,347
- Other debts +€87,762
up €87,762 (+663%), from €13,242 to €101,004
- Tax, wage and social debts +€13,631
up €13,631 (+303%), from €4,504 to €18,135
- Reserves +€13,437
new in 2025: €13,437
- Trade debts +€8,239
up €8,239 (+837%), from €984 to €9,223
- Gross operating margin -€36,178
down €36,178 (-58.3%), from €62,048 to €25,870
- Taxes -€6,078
down €6,078 (-53.7%), from €11,315 to €5,238
- Depreciation +€2,679
up €2,679 (+79.1%), from €3,385 to €6,064
- Financial income -€777
down €777 (-100%), from €777 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
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 | €151,962 | €175,136 | +€23,174 | +15.3% |
| Fixed assets | 21/28 | €26,887 | €20,823 | -€6,064 | -22.6% |
| Tangible fixed assets | 22/27 | €16,887 | €10,823 | -€6,064 | -35.9% |
| Plant, machinery and equipment | 23 | €2,772 | €2,061 | -€711 | -25.6% |
| Furniture and vehicles | 24 | €14,115 | €8,762 | -€5,353 | -37.9% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €125,075 | €154,313 | +€29,238 | +23.4% |
| Stocks and contracts in progress | 3 | €1,208 | €48 | -€1,161 | -96.1% |
| Stocks | 30/36 | €1,208 | €48 | -€1,161 | -96.1% |
| Amounts receivable within one year | 40/41 | €31,849 | €19,360 | -€12,489 | -39.2% |
| Trade receivables | 40 | €31,849 | €19,360 | -€12,489 | -39.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €91,262 | €132,865 | +€41,603 | +45.6% |
| Deferred charges and accrued income | 490/1 | €755 | €2,040 | +€1,285 | +170% |
| Total equity and liabilities | 10/49 | €151,962 | €175,136 | +€23,174 | +15.3% |
| Equity | 10/15 | €132,947 | €46,384 | -€86,563 | -65.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €13,437 | +€13,437 | |
| Distributable reserves | 133 | - | €13,437 | +€13,437 | |
| Profit (loss) carried forward | 14 | €114,347 | €14,347 | -€100,000 | -87.5% |
| Amounts payable | 17/49 | €19,014 | €128,751 | +€109,737 | +577% |
| Amounts payable within one year | 42/48 | €18,730 | €128,363 | +€109,632 | +585% |
| Trade debts | 44 | €984 | €9,223 | +€8,239 | +837% |
| Suppliers | 440/4 | €984 | €9,223 | +€8,239 | +837% |
| Taxes, remuneration and social security | 45 | €4,504 | €18,135 | +€13,631 | +303% |
| Taxes | 450/3 | €4,504 | €18,135 | +€13,631 | +303% |
| Other amounts payable | 47/48 | €13,242 | €101,004 | +€87,762 | +663% |
| Accrued charges and deferred income | 492/3 | €284 | €389 | +€105 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,385 | €6,064 | +€2,679 | +79.1% |
| Other operating charges | 640/8 | €505 | €630 | +€124 | +24.6% |
| Gross operating margin | 9900 | €62,048 | €25,870 | -€36,178 | -58.3% |
| Operating profit (loss) | 9901 | €58,158 | €19,176 | -€38,981 | -67.0% |
| Financial income | 75/76B | €777 | €0 | -€777 | -100% |
| Recurring financial income | 75 | €777 | €0 | -€777 | -100% |
| Financial charges | 65/66B | €377 | €502 | +€125 | +33.0% |
| Recurring financial charges | 65 | €377 | €502 | +€125 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €58,558 | €18,675 | -€39,883 | -68.1% |
| Income taxes | 67/77 | €11,315 | €5,238 | -€6,078 | -53.7% |
| Profit (loss) for the period | 9904 | €47,242 | €13,437 | -€33,805 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,242 | €13,437 | -€33,805 | -71.6% |
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 20 October 2026 via checked.be.