PF PEINTURES: 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.
PF PEINTURES
Largest movements
- Cash +€27,396
up €27,396 (+3730.4%), from €734 to €28,130
mainly Net result for the year (+€15,355) and Receivables within one year (+€5,694)
- Receivables within one year -€5,694
down €5,694 (-47.0%), from €12,116 to €6,421
of which Trade receivables: -€6,330
- Tangible fixed assets -€3,577
down €3,577 (-50.0%), from €7,155 to €3,577
- Stocks and contracts -€3,000
down €3,000 (-100.0%), from €3,000 to €0
- Deferred charges and accrued income +€456
up €456 (+75.6%), from €603 to €1,058
- Reserves +€11,400
new in 2025: €11,400
- Profit (loss) carried forward +€3,955
up €3,955, from -€3,943 to €12
- Tax, wage and social debts +€3,548
new in 2025: €3,548
- Debts after one year -€2,977
down €2,977 (-100.0%), from €2,977 to €0
- Trade debts +€2,657
up €2,657 (+130.8%), from €2,032 to €4,689
- Gross operating margin +€19,730
up €19,730 (+435.5%), from €4,530 to €24,260
- Taxes +€3,548
new in 2025: €3,548
- Financial charges +€965
up €965 (+189.9%), from €508 to €1,473
- Other operating charges +€306
new in 2025: €306
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 | €23,607 | €39,187 | +€15,580 | +66.0% |
| Fixed assets | 21/28 | €7,155 | €3,577 | -€3,577 | -50.0% |
| Tangible fixed assets | 22/27 | €7,155 | €3,577 | -€3,577 | -50.0% |
| Leasing and similar rights | 25 | €7,155 | €3,577 | -€3,577 | -50.0% |
| Current assets | 29/58 | €16,453 | €35,610 | +€19,157 | +116.4% |
| Stocks and contracts in progress | 3 | €3,000 | €0 | -€3,000 | -100.0% |
| Contracts in progress | 37 | €3,000 | €0 | -€3,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,116 | €6,421 | -€5,694 | -47.0% |
| Trade receivables | 40 | €11,420 | €5,090 | -€6,330 | -55.4% |
| Other amounts receivable | 41 | €695 | €1,331 | +€636 | +91.5% |
| Cash at bank and in hand | 54/58 | €734 | €28,130 | +€27,396 | +3730.4% |
| Deferred charges and accrued income | 490/1 | €603 | €1,058 | +€456 | +75.6% |
| Total equity and liabilities | 10/49 | €23,607 | €39,187 | +€15,580 | +66.0% |
| Equity | 10/15 | -€2,243 | €13,112 | +€15,355 | |
| Contributions | 10/11 | €1,700 | €1,700 | = | 0.0% |
| Reserves | 13 | - | €11,400 | +€11,400 | |
| Distributable reserves | 133 | - | €11,400 | +€11,400 | |
| Profit (loss) carried forward | 14 | -€3,943 | €12 | +€3,955 | |
| Amounts payable | 17/49 | €25,851 | €26,075 | +€224 | +0.9% |
| Amounts payable after more than one year | 17 | €2,977 | €0 | -€2,977 | -100.0% |
| Financial debts | 170/4 | €2,977 | €0 | -€2,977 | -100.0% |
| Amounts payable within one year | 42/48 | €22,874 | €26,075 | +€3,201 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €3,512 | €2,977 | -€535 | -15.2% |
| Trade debts | 44 | €2,032 | €4,689 | +€2,657 | +130.8% |
| Suppliers | 440/4 | €2,032 | €4,689 | +€2,657 | +130.8% |
| Taxes, remuneration and social security | 45 | - | €3,548 | +€3,548 | |
| Taxes | 450/3 | - | €3,548 | +€3,548 | |
| Other amounts payable | 47/48 | €17,330 | €14,862 | -€2,468 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,577 | €3,577 | = | 0.0% |
| Other operating charges | 640/8 | - | €306 | +€306 | |
| Gross operating margin | 9900 | €4,530 | €24,260 | +€19,730 | +435.5% |
| Operating profit (loss) | 9901 | €953 | €20,376 | +€19,423 | +2038.2% |
| Financial charges | 65/66B | €508 | €1,473 | +€965 | +189.9% |
| Recurring financial charges | 65 | €508 | €1,473 | +€965 | +189.9% |
| Profit (loss) for the period before taxes | 9903 | €445 | €18,903 | +€18,458 | +4150.2% |
| Income taxes | 67/77 | - | €3,548 | +€3,548 | |
| Profit (loss) for the period | 9904 | €445 | €15,355 | +€14,911 | +3352.5% |
| Profit (loss) for the period to be appropriated | 9905 | €445 | €15,355 | +€14,911 | +3352.5% |
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 9 October 2026 via checked.be.