PAYCHEQ: what changed
Two fiscal 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.
PAYCHEQ
Largest movements
- Cash +€105,473
up €105,473 (+35.3%), from €299,154 to €404,626
mainly Net result for the year (+€119,404) and Tax, wage and social debts (+€25,025)
- Profit (loss) carried forward +€119,404
up €119,404 (+65.6%), from €182,018 to €301,422
- Debts after one year -€36,797
down €36,797 (-11.0%), from €335,683 to €298,885
- Tax, wage and social debts +€25,025
up €25,025 (+62.4%), from €40,126 to €65,151
of which Taxes: +€15,761
- Trade debts -€9,035
down €9,035 (-34.3%), from €26,319 to €17,284
- Gross operating margin +€80,990
up €80,990 (+17.6%), from €459,388 to €540,378
- Staff costs +€56,063
up €56,063 (+19.9%), from €282,372 to €338,434
- Other operating charges -€44,632
down €44,632 (-92.6%), from €48,185 to €3,553
- Taxes +€14,686
up €14,686 (+50.9%), from €28,831 to €43,517
- Depreciation +€10,128
up €10,128 (+94.2%), from €10,750 to €20,878
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.
Cash bridge derived
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 | €720,956 | €820,653 | +€99,697 | +13.8% |
| Fixed assets | 21/28 | €366,894 | €360,866 | -€6,028 | -1.6% |
| Intangible fixed assets | 21 | €6,885 | €3,674 | -€3,211 | -46.6% |
| Tangible fixed assets | 22/27 | €357,069 | €354,252 | -€2,817 | -0.8% |
| Land and buildings | 22 | €352,482 | €347,378 | -€5,104 | -1.4% |
| Furniture and vehicles | 24 | €4,587 | €6,874 | +€2,287 | +49.9% |
| Financial fixed assets | 28 | €2,940 | €2,940 | = | 0.0% |
| Current assets | 29/58 | €354,062 | €459,787 | +€105,725 | +29.9% |
| Amounts receivable within one year | 40/41 | €54,908 | €50,015 | -€4,893 | -8.9% |
| Trade receivables | 40 | €43,852 | €42,907 | -€944 | -2.2% |
| Other amounts receivable | 41 | €11,056 | €7,108 | -€3,948 | -35.7% |
| Cash at bank and in hand | 54/58 | €299,154 | €404,626 | +€105,473 | +35.3% |
| Deferred charges and accrued income | 490/1 | - | €5,145 | +€5,145 | |
| Total equity and liabilities | 10/49 | €720,956 | €820,653 | +€99,697 | +13.8% |
| Equity | 10/15 | €282,018 | €401,422 | +€119,404 | +42.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,018 | €301,422 | +€119,404 | +65.6% |
| Amounts payable | 17/49 | €438,937 | €419,231 | -€19,706 | -4.5% |
| Amounts payable after more than one year | 17 | €335,683 | €298,885 | -€36,797 | -11.0% |
| Financial debts | 170/4 | €335,683 | €298,885 | -€36,797 | -11.0% |
| Amounts payable within one year | 42/48 | €103,254 | €120,346 | +€17,091 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €36,049 | €36,797 | +€749 | +2.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €26,319 | €17,284 | -€9,035 | -34.3% |
| Suppliers | 440/4 | €26,319 | €17,284 | -€9,035 | -34.3% |
| Taxes, remuneration and social security | 45 | €40,126 | €65,151 | +€25,025 | +62.4% |
| Taxes | 450/3 | €0 | €15,761 | +€15,761 | |
| Remuneration and social security | 454/9 | €40,126 | €49,390 | +€9,264 | +23.1% |
| Other amounts payable | 47/48 | €761 | €1,113 | +€353 | +46.4% |
| Non-recurring operating income | 76A | €200 | €8,241 | +€8,041 | +4020.6% |
| Remuneration, social security and pensions | 62 | €282,372 | €338,434 | +€56,063 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,750 | €20,878 | +€10,128 | +94.2% |
| Other operating charges | 640/8 | €48,185 | €3,553 | -€44,632 | -92.6% |
| Non-recurring operating charges | 66A | - | €1,242 | +€1,242 | |
| Gross operating margin | 9900 | €459,388 | €540,378 | +€80,990 | +17.6% |
| Operating profit (loss) | 9901 | €118,082 | €176,271 | +€58,189 | +49.3% |
| Financial income | 75/76B | €86 | €185 | +€99 | +115.2% |
| Recurring financial income | 75 | €86 | €185 | +€99 | +115.2% |
| Financial charges | 65/66B | €5,094 | €13,535 | +€8,441 | +165.7% |
| Recurring financial charges | 65 | €5,094 | €13,535 | +€8,441 | +165.7% |
| Profit (loss) for the period before taxes | 9903 | €113,074 | €162,921 | +€49,847 | +44.1% |
| Income taxes | 67/77 | €28,831 | €43,517 | +€14,686 | +50.9% |
| Profit (loss) for the period | 9904 | €84,243 | €119,404 | +€35,161 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,243 | €119,404 | +€35,161 | +41.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.