Payot Milk: 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.
Payot Milk
Largest movements
- Receivables within one year -€10,598
down €10,598 (-95.1%), from €11,149 to €551
of which Trade receivables: -€7,214
- Tangible fixed assets -€7,392
down €7,392 (-99.2%), from €7,450 to €58
- Cash -€4,739
down €4,739 (-35.4%), from €13,395 to €8,656
mainly Trade debts (-€39,565) and Net result for the year (-€18,021)
- Trade debts -€39,565
down €39,565 (-98.7%), from €40,077 to €511
- Other debts +€34,000
up €34,000 (+593%), from €5,732 to €39,732
- Profit (loss) carried forward -€18,021
down €18,021 (-69.2%), from -€26,052 to -€44,073
- Tax, wage and social debts +€857
new in 2025: €857
- Gross operating margin -€12,533
down €12,533 (-2,145%), from -€584 to -€13,117
- Depreciation -€2,066
down €2,066 (-63.4%), from €3,260 to €1,194
- Other operating charges -€214
down €214 (-5.6%), from €3,843 to €3,629
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 | €32,354 | €9,625 | -€22,729 | -70.3% |
| Fixed assets | 21/28 | €7,450 | €58 | -€7,392 | -99.2% |
| Tangible fixed assets | 22/27 | €7,450 | €58 | -€7,392 | -99.2% |
| Plant, machinery and equipment | 23 | €7,450 | €58 | -€7,392 | -99.2% |
| Current assets | 29/58 | €24,904 | €9,567 | -€15,337 | -61.6% |
| Stocks and contracts in progress | 3 | €360 | €360 | = | 0.0% |
| Stocks | 30/36 | €360 | €360 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,149 | €551 | -€10,598 | -95.1% |
| Trade receivables | 40 | €7,765 | €551 | -€7,214 | -92.9% |
| Other amounts receivable | 41 | €3,384 | - | -€3,384 | |
| Cash at bank and in hand | 54/58 | €13,395 | €8,656 | -€4,739 | -35.4% |
| Total equity and liabilities | 10/49 | €32,354 | €9,625 | -€22,729 | -70.3% |
| Equity | 10/15 | -€13,455 | -€31,476 | -€18,021 | -134% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €97 | €97 | = | 0.0% |
| Non-distributable reserves | 130/1 | €97 | €97 | = | 0.0% |
| Reserves not available under the articles | 1311 | €97 | €97 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,052 | -€44,073 | -€18,021 | -69.2% |
| Amounts payable | 17/49 | €45,809 | €41,101 | -€4,708 | -10.3% |
| Amounts payable within one year | 42/48 | €45,809 | €41,101 | -€4,708 | -10.3% |
| Trade debts | 44 | €40,077 | €511 | -€39,565 | -98.7% |
| Suppliers | 440/4 | €40,077 | €511 | -€39,565 | -98.7% |
| Taxes, remuneration and social security | 45 | - | €857 | +€857 | |
| Taxes | 450/3 | - | €857 | +€857 | |
| Other amounts payable | 47/48 | €5,732 | €39,732 | +€34,000 | +593% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,260 | €1,194 | -€2,066 | -63.4% |
| Other operating charges | 640/8 | €3,843 | €3,629 | -€214 | -5.6% |
| Gross operating margin | 9900 | -€584 | -€13,117 | -€12,533 | -2,145% |
| Operating profit (loss) | 9901 | -€7,687 | -€17,940 | -€10,253 | -133% |
| Financial income | 75/76B | €1 | €66 | +€65 | +11,071% |
| Recurring financial income | 75 | €1 | €66 | +€65 | +11,071% |
| Financial charges | 65/66B | €247 | €147 | -€100 | -40.5% |
| Recurring financial charges | 65 | €247 | €147 | -€100 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,933 | -€18,021 | -€10,088 | -127% |
| Profit (loss) for the period | 9904 | -€7,933 | -€18,021 | -€10,088 | -127% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,933 | -€18,021 | -€10,088 | -127% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.