PAUWENBOS: 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.
PAUWENBOS
Largest movements
- Receivables within one year -€31,727
down €31,727 (-100%), from €31,727 to €0
- Profit (loss) carried forward -€15,924
down €15,924 (-27.1%), from -€58,782 to -€74,706
- Other operating charges -€7,714
down €7,714 (-63.0%), from €12,235 to €4,521
- Gross operating margin -€2,609
down €2,609 (-30.5%), from -€8,568 to -€11,178
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 | €1,476,744 | €1,454,083 | -€22,661 | -1.5% |
| Fixed assets | 21/28 | €1,440,070 | €1,440,070 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,440,070 | €1,440,070 | = | 0.0% |
| Land and buildings | 22 | €1,440,070 | €1,440,070 | = | 0.0% |
| Current assets | 29/58 | €36,675 | €14,013 | -€22,661 | -61.8% |
| Amounts receivable within one year | 40/41 | €31,727 | €0 | -€31,727 | -100% |
| Other amounts receivable | 41 | €31,727 | €0 | -€31,727 | -100% |
| Cash at bank and in hand | 54/58 | €4,518 | €14,003 | +€9,485 | +210% |
| Deferred charges and accrued income | 490/1 | €429 | €10 | -€419 | -97.6% |
| Total equity and liabilities | 10/49 | €1,476,744 | €1,454,083 | -€22,661 | -1.5% |
| Equity | 10/15 | €1,424,685 | €1,408,760 | -€15,924 | -1.1% |
| Contributions | 10/11 | €1,483,467 | €1,483,467 | = | 0.0% |
| Capital | 10 | €1,483,467 | €1,483,467 | = | 0.0% |
| Issued capital | 100 | €1,483,467 | €1,483,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,782 | -€74,706 | -€15,924 | -27.1% |
| Amounts payable | 17/49 | €52,060 | €45,323 | -€6,737 | -12.9% |
| Amounts payable within one year | 42/48 | €52,060 | €41,323 | -€10,737 | -20.6% |
| Trade debts | 44 | €1,473 | €5,050 | +€3,577 | +243% |
| Suppliers | 440/4 | €1,473 | €5,050 | +€3,577 | +243% |
| Other amounts payable | 47/48 | €50,586 | €36,273 | -€14,314 | -28.3% |
| Accrued charges and deferred income | 492/3 | - | €4,000 | +€4,000 | |
| Other operating charges | 640/8 | €12,235 | €4,521 | -€7,714 | -63.0% |
| Gross operating margin | 9900 | -€8,568 | -€11,178 | -€2,609 | -30.5% |
| Operating profit (loss) | 9901 | -€20,804 | -€15,699 | +€5,105 | +24.5% |
| Financial charges | 65/66B | €233 | €225 | -€8 | -3.3% |
| Recurring financial charges | 65 | €233 | €225 | -€8 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,037 | -€15,924 | +€5,112 | +24.3% |
| Profit (loss) for the period | 9904 | -€21,037 | -€15,924 | +€5,112 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,037 | -€15,924 | +€5,112 | +24.3% |
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 30 October 2026 via checked.be.