PAYDAS: 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.
PAYDAS
Largest movements
- Receivables within one year +€26,913
up €26,913 (+762.2%), from €3,531 to €30,444
of which Other amounts receivable: +€15,777
- Receivables after one year -€6,328
down €6,328 (-9.8%), from €64,637 to €58,309
- Profit (loss) carried forward +€12,894
up €12,894 (+19.9%), from €64,866 to €77,760
- Tax, wage and social debts +€5,572
new in 2025: €5,572
- Trade debts +€2,509
up €2,509 (+167.3%), from €1,500 to €4,009
- Gross operating margin -€30,699
down €30,699 (-62.4%), from €49,204 to €18,505
- Taxes +€5,572
new in 2025: €5,572
- Depreciation -€2,585
no longer reported in 2025 (was €2,585)
- Financial income +€2,425
new in 2025: €2,425
- Other operating charges +€2,412
new in 2025: €2,412
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 | €69,366 | €90,341 | +€20,974 | +30.2% |
| Fixed assets | 21/28 | €756 | €756 | = | 0.0% |
| Tangible fixed assets | 22/27 | €756 | €756 | = | 0.0% |
| Other tangible fixed assets | 26 | €756 | €756 | = | 0.0% |
| Current assets | 29/58 | €68,610 | €89,585 | +€20,974 | +30.6% |
| Amounts receivable after more than one year | 29 | €64,637 | €58,309 | -€6,328 | -9.8% |
| Other amounts receivable | 291 | €64,637 | €58,309 | -€6,328 | -9.8% |
| Amounts receivable within one year | 40/41 | €3,531 | €30,444 | +€26,913 | +762.2% |
| Trade receivables | 40 | - | €11,136 | +€11,136 | |
| Other amounts receivable | 41 | €3,531 | €19,308 | +€15,777 | +446.8% |
| Cash at bank and in hand | 54/58 | €442 | €831 | +€389 | +87.9% |
| Total equity and liabilities | 10/49 | €69,366 | €90,341 | +€20,974 | +30.2% |
| Equity | 10/15 | €67,866 | €80,760 | +€12,894 | +19.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,866 | €77,760 | +€12,894 | +19.9% |
| Amounts payable | 17/49 | €1,500 | €9,581 | +€8,081 | +538.7% |
| Amounts payable within one year | 42/48 | €1,500 | €9,581 | +€8,081 | +538.7% |
| Trade debts | 44 | €1,500 | €4,009 | +€2,509 | +167.3% |
| Suppliers | 440/4 | €1,500 | €4,009 | +€2,509 | +167.3% |
| Taxes, remuneration and social security | 45 | - | €5,572 | +€5,572 | |
| Taxes | 450/3 | - | €5,572 | +€5,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,585 | - | -€2,585 | |
| Other operating charges | 640/8 | - | €2,412 | +€2,412 | |
| Non-recurring operating charges | 66A | €29,927 | - | -€29,927 | |
| Gross operating margin | 9900 | €49,204 | €18,505 | -€30,699 | -62.4% |
| Operating profit (loss) | 9901 | €16,691 | €16,093 | -€599 | -3.6% |
| Financial income | 75/76B | - | €2,425 | +€2,425 | |
| Recurring financial income | 75 | - | €2,425 | +€2,425 | |
| Financial charges | 65/66B | €54 | €52 | -€2 | -3.7% |
| Recurring financial charges | 65 | €54 | €52 | -€2 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €16,637 | €18,465 | +€1,828 | +11.0% |
| Income taxes | 67/77 | - | €5,572 | +€5,572 | |
| Profit (loss) for the period | 9904 | €16,637 | €12,894 | -€3,744 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,637 | €12,894 | -€3,744 | -22.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.