PAVEROS: 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.
PAVEROS
Largest movements
- Receivables within one year -€3,776
down €3,776 (-79.2%), from €4,766 to €990
of which Trade receivables: -€2,849
- Tangible fixed assets +€1,393
new in 2026: €1,393
- Cash +€448
up €448 (+49.8%), from €899 to €1,347
mainly Other debts (+€5,890) and Receivables within one year (+€3,776)
- Profit (loss) carried forward -€6,359
down €6,359 (-5.6%), from -€112,898 to -€119,257
- Other debts +€5,890
up €5,890 (+10.4%), from €56,598 to €62,488
- Trade debts -€1,466
down €1,466 (-100.0%), from €1,466 to €0
- Gross operating margin -€1,750
down €1,750 (-42.5%), from -€4,117 to -€5,866
- Other operating charges -€387
down €387 (-100.0%), from €387 to €0
- Depreciation +€169
up €169, from €0 to €169
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,666 | €3,731 | -€1,935 | -34.1% |
| Fixed assets | 21/28 | - | €1,393 | +€1,393 | |
| Tangible fixed assets | 22/27 | - | €1,393 | +€1,393 | |
| Furniture and vehicles | 24 | - | €1,393 | +€1,393 | |
| Current assets | 29/58 | €5,666 | €2,337 | -€3,328 | -58.7% |
| Amounts receivable within one year | 40/41 | €4,766 | €990 | -€3,776 | -79.2% |
| Trade receivables | 40 | €3,391 | €542 | -€2,849 | -84.0% |
| Other amounts receivable | 41 | €1,375 | €448 | -€927 | -67.4% |
| Cash at bank and in hand | 54/58 | €899 | €1,347 | +€448 | +49.8% |
| Total equity and liabilities | 10/49 | €5,666 | €3,731 | -€1,935 | -34.1% |
| Equity | 10/15 | -€52,398 | -€58,757 | -€6,359 | -12.1% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €5,500 | €5,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,500 | €5,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,898 | -€119,257 | -€6,359 | -5.6% |
| Amounts payable | 17/49 | €58,064 | €62,488 | +€4,424 | +7.6% |
| Amounts payable within one year | 42/48 | €58,064 | €62,488 | +€4,424 | +7.6% |
| Trade debts | 44 | €1,466 | €0 | -€1,466 | -100.0% |
| Suppliers | 440/4 | €1,466 | €0 | -€1,466 | -100.0% |
| Other amounts payable | 47/48 | €56,598 | €62,488 | +€5,890 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €169 | +€169 | |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | -€4,117 | -€5,866 | -€1,750 | -42.5% |
| Operating profit (loss) | 9901 | -€4,504 | -€6,035 | -€1,531 | -34.0% |
| Financial charges | 65/66B | €344 | €324 | -€21 | -6.0% |
| Recurring financial charges | 65 | €344 | €324 | -€21 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,848 | -€6,359 | -€1,510 | -31.1% |
| Profit (loss) for the period | 9904 | -€4,848 | -€6,359 | -€1,510 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,848 | -€6,359 | -€1,510 | -31.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.