PAYCO CONSULT: 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.
PAYCO CONSULT
Largest movements
- Tangible fixed assets +€496,275
up €496,275 (+1,100%), from €45,105 to €541,380
of which Land and buildings: +€418,939
- Receivables within one year +€19,137
up €19,137 (+266%), from €7,186 to €26,323
of which Trade receivables: +€17,607
- Debts after one year +€452,197
up €452,197 (+1,225%), from €36,905 to €489,102
of which Financial debts: +€452,197
- Trade debts +€54,793
up €54,793 (+3,851%), from €1,423 to €56,216
- Current portion of long-term debt +€14,269
up €14,269 (+93.3%), from €15,288 to €29,557
- Gross operating margin +€67,654
up €67,654 (+200%), from €33,747 to €101,400
- Staff costs +€45,444
up €45,444 (+217%), from €20,948 to €66,391
- Depreciation +€12,885
up €12,885 (+191%), from €6,754 to €19,640
- Financial charges +€7,155
up €7,155 (+579%), from €1,237 to €8,391
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 | €91,190 | €615,522 | +€524,332 | +575% |
| Fixed assets | 21/28 | €50,039 | €552,314 | +€502,275 | +1,004% |
| Intangible fixed assets | 21 | €4,934 | €10,934 | +€6,000 | +122% |
| Tangible fixed assets | 22/27 | €45,105 | €541,380 | +€496,275 | +1,100% |
| Land and buildings | 22 | - | €418,939 | +€418,939 | |
| Plant, machinery and equipment | 23 | - | €76,506 | +€76,506 | |
| Furniture and vehicles | 24 | €8,218 | €14,610 | +€6,391 | +77.8% |
| Leasing and similar rights | 25 | €36,886 | €28,579 | -€8,307 | -22.5% |
| Other tangible fixed assets | 26 | - | €2,746 | +€2,746 | |
| Current assets | 29/58 | €41,152 | €63,208 | +€22,057 | +53.6% |
| Amounts receivable within one year | 40/41 | €7,186 | €26,323 | +€19,137 | +266% |
| Trade receivables | 40 | €7,186 | €24,793 | +€17,607 | +245% |
| Other amounts receivable | 41 | €0 | €1,530 | +€1,530 | |
| Cash at bank and in hand | 54/58 | €28,110 | €27,168 | -€942 | -3.4% |
| Deferred charges and accrued income | 490/1 | €5,856 | €9,717 | +€3,861 | +65.9% |
| Total equity and liabilities | 10/49 | €91,190 | €615,522 | +€524,332 | +575% |
| Equity | 10/15 | €22,458 | €25,165 | +€2,707 | +12.1% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | - | €4,000 | +€4,000 | |
| Distributable reserves | 133 | - | €4,000 | +€4,000 | |
| Profit (loss) carried forward | 14 | €1,458 | €165 | -€1,293 | -88.7% |
| Amounts payable | 17/49 | €68,733 | €590,358 | +€521,625 | +759% |
| Amounts payable after more than one year | 17 | €36,905 | €489,102 | +€452,197 | +1,225% |
| Financial debts | 170/4 | €18,905 | €471,102 | +€452,197 | +2,392% |
| Other amounts payable | 178/9 | €18,000 | €18,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,828 | €100,707 | +€68,879 | +216% |
| Current portion of amounts payable after more than one year | 42 | €15,288 | €29,557 | +€14,269 | +93.3% |
| Trade debts | 44 | €1,423 | €56,216 | +€54,793 | +3,851% |
| Suppliers | 440/4 | €1,423 | €56,216 | +€54,793 | +3,851% |
| Taxes, remuneration and social security | 45 | €13,745 | €13,169 | -€576 | -4.2% |
| Taxes | 450/3 | €8,896 | €2,277 | -€6,618 | -74.4% |
| Remuneration and social security | 454/9 | €4,849 | €10,892 | +€6,043 | +125% |
| Other amounts payable | 47/48 | €1,371 | €1,764 | +€393 | +28.6% |
| Accrued charges and deferred income | 492/3 | - | €549 | +€549 | |
| Remuneration, social security and pensions | 62 | €20,948 | €66,391 | +€45,444 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,754 | €19,640 | +€12,885 | +191% |
| Other operating charges | 640/8 | €3,257 | €4,085 | +€828 | +25.4% |
| Gross operating margin | 9900 | €33,747 | €101,400 | +€67,654 | +200% |
| Operating profit (loss) | 9901 | €2,788 | €11,285 | +€8,497 | +305% |
| Financial income | 75/76B | €16 | €1 | -€15 | -94.2% |
| Recurring financial income | 75 | €16 | €1 | -€15 | -94.2% |
| Financial charges | 65/66B | €1,237 | €8,391 | +€7,155 | +579% |
| Recurring financial charges | 65 | €1,237 | €8,391 | +€7,155 | +579% |
| Profit (loss) for the period before taxes | 9903 | €1,567 | €2,895 | +€1,327 | +84.7% |
| Income taxes | 67/77 | €110 | €188 | +€78 | +70.9% |
| Profit (loss) for the period | 9904 | €1,458 | €2,707 | +€1,250 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,458 | €2,707 | +€1,250 | +85.7% |
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 14 October 2026 via checked.be.