Stéphane Paye Services: 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.
Stéphane Paye Services
Largest movements
- Tangible fixed assets -€12,255
down €12,255 (-38.3%), from €31,966 to €19,711
of which Furniture and vehicles: -€11,714
- Cash -€8,456
down €8,456 (-17.4%), from €48,705 to €40,248
mainly Debts after one year (-€7,871) and Receivables within one year (-€7,712)
- Receivables within one year +€7,712
up €7,712 (+454.9%), from €1,695 to €9,407
of which Trade receivables: +€8,468
- Debts after one year -€7,871
down €7,871 (-92.2%), from €8,540 to €668
- Trade debts -€4,435
down €4,435 (-80.6%), from €5,504 to €1,069
- Gross operating margin +€5,522
up €5,522 (+70.5%), from €7,837 to €13,358
- Depreciation -€2,285
down €2,285 (-14.8%), from €15,465 to €13,179
- Financial charges -€202
down €202 (-28.5%), from €710 to €508
- Taxes -€136
no longer reported in 2025 (was €136)
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 | €84,212 | €71,305 | -€12,907 | -15.3% |
| Fixed assets | 21/28 | €31,966 | €19,711 | -€12,255 | -38.3% |
| Tangible fixed assets | 22/27 | €31,966 | €19,711 | -€12,255 | -38.3% |
| Plant, machinery and equipment | 23 | €1,455 | €941 | -€513 | -35.3% |
| Furniture and vehicles | 24 | €30,484 | €18,769 | -€11,714 | -38.4% |
| Leasing and similar rights | 25 | €28 | - | -€28 | |
| Current assets | 29/58 | €52,246 | €51,594 | -€652 | -1.2% |
| Amounts receivable within one year | 40/41 | €1,695 | €9,407 | +€7,712 | +454.9% |
| Trade receivables | 40 | €96 | €8,565 | +€8,468 | +8812.1% |
| Other amounts receivable | 41 | €1,599 | €842 | -€757 | -47.3% |
| Cash at bank and in hand | 54/58 | €48,705 | €40,248 | -€8,456 | -17.4% |
| Deferred charges and accrued income | 490/1 | €1,846 | €1,939 | +€93 | +5.0% |
| Total equity and liabilities | 10/49 | €84,212 | €71,305 | -€12,907 | -15.3% |
| Equity | 10/15 | €59,518 | €58,796 | -€723 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,058 | €38,336 | -€723 | -1.9% |
| Amounts payable | 17/49 | €24,694 | €12,509 | -€12,185 | -49.3% |
| Amounts payable after more than one year | 17 | €8,540 | €668 | -€7,871 | -92.2% |
| Financial debts | 170/4 | €8,540 | €668 | -€7,871 | -92.2% |
| Amounts payable within one year | 42/48 | €16,154 | €11,841 | -€4,313 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €7,603 | €7,871 | +€268 | +3.5% |
| Trade debts | 44 | €5,504 | €1,069 | -€4,435 | -80.6% |
| Suppliers | 440/4 | €5,504 | €1,069 | -€4,435 | -80.6% |
| Taxes, remuneration and social security | 45 | €2,774 | €2,628 | -€146 | -5.3% |
| Taxes | 450/3 | €774 | €606 | -€168 | -21.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,022 | +€22 | +1.1% |
| Other amounts payable | 47/48 | €272 | €272 | = | 0.0% |
| Non-recurring operating income | 76A | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,465 | €13,179 | -€2,285 | -14.8% |
| Other operating charges | 640/8 | €512 | €398 | -€114 | -22.3% |
| Gross operating margin | 9900 | €7,837 | €13,358 | +€5,522 | +70.5% |
| Operating profit (loss) | 9901 | -€8,139 | -€218 | +€7,921 | +97.3% |
| Financial income | 75/76B | €8 | €3 | -€4 | -56.1% |
| Recurring financial income | 75 | €8 | €3 | -€4 | -56.1% |
| Financial charges | 65/66B | €710 | €508 | -€202 | -28.5% |
| Recurring financial charges | 65 | €710 | €508 | -€202 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,841 | -€723 | +€8,119 | +91.8% |
| Income taxes | 67/77 | €136 | - | -€136 | |
| Profit (loss) for the period | 9904 | -€8,978 | -€723 | +€8,255 | +92.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,978 | -€723 | +€8,255 | +92.0% |
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 8 October 2026 via checked.be.