PAVUPAPRI: 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.
PAVUPAPRI
Largest movements
- Receivables within one year -€44,823
down €44,823 (-51.4%), from €87,202 to €42,379
of which Trade receivables: -€30,666
- Tangible fixed assets +€3,585
up €3,585 (+33.7%), from €10,646 to €14,232
of which Other tangible fixed assets: +€3,888
- Other debts -€26,529
down €26,529 (-92.9%), from €28,567 to €2,037
- Profit (loss) carried forward +€11,290
up €11,290 (+57.5%), from €19,633 to €30,923
- Tax, wage and social debts -€11,272
down €11,272 (-25.4%), from €44,350 to €33,078
of which Remuneration and social security: -€10,144
- Trade debts -€6,974
down €6,974 (-38.3%), from €18,200 to €11,226
of which Suppliers: -€14,499
- Advances received -€6,892
down €6,892 (-62.1%), from €11,102 to €4,210
- Turnover +€27,540
up €27,540 (+12.4%), from €222,285 to €249,825
- Purchases and services -€8,231
down €8,231 (-6.7%), from €122,773 to €114,542
- Gross operating margin +€7,567
up €7,567 (+6.8%), from €111,203 to €118,769
- Staff costs +€4,622
up €4,622 (+8.7%), from €53,364 to €57,985
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 | €142,302 | €101,925 | -€40,377 | -28.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €10,696 | €14,282 | +€3,585 | +33.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €10,646 | €14,232 | +€3,585 | +33.7% |
| Furniture and vehicles | 24 | €846 | €544 | -€302 | -35.7% |
| Other tangible fixed assets | 26 | - | €3,888 | +€3,888 | |
| Assets under construction and advance payments | 27 | €9,800 | €9,800 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €131,606 | €87,644 | -€43,962 | -33.4% |
| Amounts receivable within one year | 40/41 | €87,202 | €42,379 | -€44,823 | -51.4% |
| Trade receivables | 40 | €60,445 | €29,778 | -€30,666 | -50.7% |
| Other amounts receivable | 41 | €26,757 | €12,601 | -€14,156 | -52.9% |
| Cash at bank and in hand | 54/58 | €44,404 | €45,265 | +€860 | +1.9% |
| Total equity and liabilities | 10/49 | €142,302 | €101,925 | -€40,377 | -28.4% |
| Equity | 10/15 | €40,084 | €51,374 | +€11,290 | +28.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,633 | €30,923 | +€11,290 | +57.5% |
| Amounts payable | 17/49 | €102,218 | €50,551 | -€51,667 | -50.5% |
| Amounts payable within one year | 42/48 | €102,218 | €50,551 | -€51,667 | -50.5% |
| Trade debts | 44 | €18,200 | €11,226 | -€6,974 | -38.3% |
| Suppliers | 440/4 | €18,200 | €3,701 | -€14,499 | -79.7% |
| Bills of exchange payable | 441 | - | €7,525 | +€7,525 | |
| Advances received on contracts in progress | 46 | €11,102 | €4,210 | -€6,892 | -62.1% |
| Taxes, remuneration and social security | 45 | €44,350 | €33,078 | -€11,272 | -25.4% |
| Taxes | 450/3 | €29,494 | €28,367 | -€1,128 | -3.8% |
| Remuneration and social security | 454/9 | €14,855 | €4,711 | -€10,144 | -68.3% |
| Other amounts payable | 47/48 | €28,567 | €2,037 | -€26,529 | -92.9% |
| Turnover | 70 | €222,285 | €249,825 | +€27,540 | +12.4% |
| Non-recurring operating income | 76A | - | €10,487 | +€10,487 | |
| Goods, raw materials, services and sundry goods | 60/61 | €122,773 | €114,542 | -€8,231 | -6.7% |
| Remuneration, social security and pensions | 62 | €53,364 | €57,985 | +€4,622 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302 | €615 | +€313 | +103% |
| Other operating charges | 640/8 | €512 | €736 | +€224 | +43.8% |
| Gross operating margin | 9900 | €111,203 | €118,769 | +€7,567 | +6.8% |
| Operating profit (loss) | 9901 | €57,025 | €59,432 | +€2,407 | +4.2% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €187 | €301 | +€114 | +60.7% |
| Recurring financial charges | 65 | €187 | €301 | +€114 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €56,837 | €59,162 | +€2,325 | +4.1% |
| Income taxes | 67/77 | €14,776 | €15,904 | +€1,127 | +7.6% |
| Profit (loss) for the period | 9904 | €42,061 | €43,258 | +€1,197 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,061 | €43,258 | +€1,197 | +2.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.