PEINTURES MOORS: 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.
PEINTURES MOORS
Largest movements
- Cash +€159,855
up €159,855 (+198%), from €80,664 to €240,519
mainly Depreciation (+€65,989) and Net result for the year (+€58,898)
- Receivables within one year -€33,681
down €33,681 (-32.4%), from €103,857 to €70,177
of which Trade receivables: -€43,988
- Tangible fixed assets -€19,062
down €19,062 (-2.7%), from €705,444 to €686,382
of which Land and buildings: -€27,236
- Reserves +€58,500
up €58,500 (+82.2%), from €71,200 to €129,700
of which Distributable reserves: +€63,000
- Trade debts +€55,643
up €55,643 (+126%), from €44,170 to €99,813
- Advances received +€39,656
up €39,656 (+124%), from €31,889 to €71,545
- Debts after one year -€35,327
down €35,327 (-6.7%), from €530,909 to €495,582
- Turnover +€102,079
up €102,079 (+13.1%), from €778,257 to €880,336
- Purchases and services +€83,672
up €83,672 (+22.8%), from €366,513 to €450,185
- Gross operating margin +€62,188
up €62,188 (+11.4%), from €543,576 to €605,765
- Staff costs +€36,636
up €36,636 (+9.2%), from €397,714 to €434,350
- Depreciation -€11,313
down €11,313 (-14.6%), from €77,302 to €65,989
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 | €900,532 | €1,008,769 | +€108,236 | +12.0% |
| Fixed assets | 21/28 | €705,444 | €686,382 | -€19,062 | -2.7% |
| Tangible fixed assets | 22/27 | €705,444 | €686,382 | -€19,062 | -2.7% |
| Land and buildings | 22 | €673,949 | €646,713 | -€27,236 | -4.0% |
| Furniture and vehicles | 24 | €31,495 | €39,669 | +€8,174 | +26.0% |
| Current assets | 29/58 | €195,088 | €322,386 | +€127,299 | +65.3% |
| Stocks and contracts in progress | 3 | €10,566 | €11,690 | +€1,124 | +10.6% |
| Stocks | 30/36 | €10,566 | €11,690 | +€1,124 | +10.6% |
| Amounts receivable within one year | 40/41 | €103,857 | €70,177 | -€33,681 | -32.4% |
| Trade receivables | 40 | €97,154 | €53,167 | -€43,988 | -45.3% |
| Other amounts receivable | 41 | €6,703 | €17,010 | +€10,307 | +154% |
| Cash at bank and in hand | 54/58 | €80,664 | €240,519 | +€159,855 | +198% |
| Total equity and liabilities | 10/49 | €900,532 | €1,008,769 | +€108,236 | +12.0% |
| Equity | 10/15 | €137,509 | €196,407 | +€58,898 | +42.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €71,200 | €129,700 | +€58,500 | +82.2% |
| Tax-exempt reserves | 132 | €16,700 | €12,200 | -€4,500 | -26.9% |
| Distributable reserves | 133 | €54,500 | €117,500 | +€63,000 | +116% |
| Profit (loss) carried forward | 14 | €4,809 | €5,207 | +€398 | +8.3% |
| Provisions and deferred taxes | 16 | €5,567 | €4,067 | -€1,500 | -26.9% |
| Deferred taxes | 168 | €5,567 | €4,067 | -€1,500 | -26.9% |
| Amounts payable | 17/49 | €757,457 | €808,295 | +€50,839 | +6.7% |
| Amounts payable after more than one year | 17 | €530,909 | €495,582 | -€35,327 | -6.7% |
| Financial debts | 170/4 | €530,909 | €495,582 | -€35,327 | -6.7% |
| Amounts payable within one year | 42/48 | €226,548 | €312,713 | +€86,166 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €54,679 | €51,661 | -€3,018 | -5.5% |
| Trade debts | 44 | €44,170 | €99,813 | +€55,643 | +126% |
| Suppliers | 440/4 | €44,170 | €99,813 | +€55,643 | +126% |
| Advances received on contracts in progress | 46 | €31,889 | €71,545 | +€39,656 | +124% |
| Taxes, remuneration and social security | 45 | €83,786 | €81,748 | -€2,038 | -2.4% |
| Taxes | 450/3 | €29,820 | €16,320 | -€13,501 | -45.3% |
| Remuneration and social security | 454/9 | €53,965 | €65,428 | +€11,462 | +21.2% |
| Other amounts payable | 47/48 | €12,023 | €7,946 | -€4,077 | -33.9% |
| Turnover | 70 | €778,257 | €880,336 | +€102,079 | +13.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €366,513 | €450,185 | +€83,672 | +22.8% |
| Remuneration, social security and pensions | 62 | €397,714 | €434,350 | +€36,636 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,302 | €65,989 | -€11,313 | -14.6% |
| Other operating charges | 640/8 | €10,561 | €10,954 | +€393 | +3.7% |
| Non-recurring operating charges | 66A | €15 | - | -€15 | |
| Gross operating margin | 9900 | €543,576 | €605,765 | +€62,188 | +11.4% |
| Operating profit (loss) | 9901 | €57,984 | €94,471 | +€36,487 | +62.9% |
| Financial charges | 65/66B | €11,713 | €10,985 | -€729 | -6.2% |
| Recurring financial charges | 65 | €11,713 | €10,985 | -€729 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €46,271 | €83,486 | +€37,216 | +80.4% |
| Transfer from deferred taxes | 780 | €1,500 | €1,500 | = | 0.0% |
| Income taxes | 67/77 | €16,213 | €26,089 | +€9,876 | +60.9% |
| Profit (loss) for the period | 9904 | €31,557 | €58,898 | +€27,340 | +86.6% |
| Transfer from tax-exempt reserves | 789 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,057 | €63,398 | +€27,340 | +75.8% |
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 22 October 2026 via checked.be.