PLAN-PAUWELS: 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.
PLAN-PAUWELS
Largest movements
- Tangible fixed assets -€9,671
down €9,671 (-15.5%), from €62,298 to €52,627
of which Other tangible fixed assets: -€9,099
- Receivables within one year +€1,152
up €1,152 (+7.0%), from €16,426 to €17,578
of which Trade receivables: +€1,152
- Debts after one year -€5,792
down €5,792 (-15.5%), from €37,413 to €31,621
- Other debts -€5,036
down €5,036 (-75.0%), from €6,714 to €1,677
- Profit (loss) carried forward -€2,252
down €2,252 (-325%), from -€692 to -€2,944
- Accrued charges and deferred income +€2,077
up €2,077 (+117%), from €1,770 to €3,847
- Tax, wage and social debts +€1,463
up €1,463 (+41.7%), from €3,507 to €4,969
- Gross operating margin -€1,080
down €1,080 (-6.9%), from €15,738 to €14,658
- Taxes +€500
up €500 (+67.2%), from €744 to €1,244
- Depreciation -€400
down €400 (-3.3%), from €12,089 to €11,689
- Other operating charges +€210
up €210 (+13.7%), from €1,530 to €1,740
- Financial charges +€168
up €168 (+8.1%), from €2,068 to €2,236
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 | €84,678 | €76,394 | -€8,284 | -9.8% |
| Fixed assets | 21/28 | €62,298 | €52,627 | -€9,671 | -15.5% |
| Tangible fixed assets | 22/27 | €62,298 | €52,627 | -€9,671 | -15.5% |
| Plant, machinery and equipment | 23 | €264 | €97 | -€167 | -63.2% |
| Furniture and vehicles | 24 | €2,933 | €2,528 | -€406 | -13.8% |
| Other tangible fixed assets | 26 | €59,100 | €50,002 | -€9,099 | -15.4% |
| Current assets | 29/58 | €22,380 | €23,767 | +€1,387 | +6.2% |
| Amounts receivable within one year | 40/41 | €16,426 | €17,578 | +€1,152 | +7.0% |
| Trade receivables | 40 | €16,155 | €17,307 | +€1,152 | +7.1% |
| Other amounts receivable | 41 | €271 | €271 | +€0 | +0.1% |
| Cash at bank and in hand | 54/58 | €1,245 | €1,425 | +€180 | +14.5% |
| Deferred charges and accrued income | 490/1 | €4,710 | €4,764 | +€54 | +1.2% |
| Total equity and liabilities | 10/49 | €84,678 | €76,394 | -€8,284 | -9.8% |
| Equity | 10/15 | €23,634 | €21,382 | -€2,252 | -9.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €23,326 | €23,326 | = | 0.0% |
| Distributable reserves | 133 | €23,326 | €23,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€692 | -€2,944 | -€2,252 | -325% |
| Amounts payable | 17/49 | €61,044 | €55,012 | -€6,032 | -9.9% |
| Amounts payable after more than one year | 17 | €37,413 | €31,621 | -€5,792 | -15.5% |
| Financial debts | 170/4 | €37,413 | €31,621 | -€5,792 | -15.5% |
| Amounts payable within one year | 42/48 | €21,861 | €19,544 | -€2,318 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €5,720 | €5,792 | +€72 | +1.3% |
| Trade debts | 44 | €5,921 | €7,105 | +€1,184 | +20.0% |
| Suppliers | 440/4 | €5,921 | €7,105 | +€1,184 | +20.0% |
| Taxes, remuneration and social security | 45 | €3,507 | €4,969 | +€1,463 | +41.7% |
| Taxes | 450/3 | €3,507 | €4,969 | +€1,463 | +41.7% |
| Other amounts payable | 47/48 | €6,714 | €1,677 | -€5,036 | -75.0% |
| Accrued charges and deferred income | 492/3 | €1,770 | €3,847 | +€2,077 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,089 | €11,689 | -€400 | -3.3% |
| Other operating charges | 640/8 | €1,530 | €1,740 | +€210 | +13.7% |
| Gross operating margin | 9900 | €15,738 | €14,658 | -€1,080 | -6.9% |
| Operating profit (loss) | 9901 | €2,119 | €1,229 | -€890 | -42.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,068 | €2,236 | +€168 | +8.1% |
| Recurring financial charges | 65 | €2,068 | €2,236 | +€168 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €52 | -€1,007 | -€1,059 | |
| Income taxes | 67/77 | €744 | €1,244 | +€500 | +67.2% |
| Profit (loss) for the period | 9904 | -€692 | -€2,252 | -€1,560 | -225% |
| Profit (loss) for the period to be appropriated | 9905 | -€692 | -€2,252 | -€1,560 | -225% |
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 20 October 2026 via checked.be.