PACIFIC COMPUTER SYSTEMS
InactiveFinancials · financial year 2024, micro format
Annual accounts 2024 filed on 24-07-2025 PDF all 25 filings
Turnover
€36,356▲ 35.1%
2021 · €26,918
EBIT margin
-1.9%▲ 23.7pp
2021 · -25.6%
Net result
-€2,607
2023 · €1,506
Working capital
-€47,829▼ 9.3%
2023 · -€43,748
Multi-year overview
2018 to 2024, 7 financial yearsTurnover
no figure
2024
20182024
Operating result
-€2,332
2024
20182024
Net result
-€2,607
2024
20182024
EBIT margin
no figure
2024
20182024
Equity
-€45,367
▼ 6.1%
2024
20182024
Total assets
€14,551
▼ 8.8%
2024
20182024
Debt
€59,918
▲ 2.0%
2024
20182024
Working capital
-€47,829
▼ 9.3%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€32,320-€32,501▲ 0.6%€49,256▲ 51.6%€26,918▼ 45.4%€36,356▲ 35.1%
Operating result-€708--€2,756▼ 289%€1,182-€6,890-€703▲ 89.8%€1,772-€2,332
Net result-€858--€3,057▼ 256%€849-€7,166-€988▲ 86.2%€1,506-€2,607
EBIT margin-2.2%--8.5%▼ 6.3pp2.4%▲ 10.9pp-25.6%▼ 28.0pp-1.9%▲ 23.7pp
Equity-€33,904--€36,961▼ 9.0%-€36,112▲ 2.3%-€43,278▼ 19.8%-€44,266▼ 2.3%-€42,760▲ 3.4%-€45,367▼ 6.1%
Total assets€17,946-€15,322▼ 14.6%€40,151▲ 162%€31,924▼ 20.5%€29,562▼ 7.4%€15,957▼ 46.0%€14,551▼ 8.8%
Debt€51,850-€52,283▲ 0.8%€76,263▲ 45.9%€75,202▼ 1.4%€73,828▼ 1.8%€58,717▼ 20.5%€59,918▲ 2.0%
Working capital-€35,213--€37,837▼ 7.5%-€43,184▼ 14.1%-€49,181▼ 13.9%-€52,940▼ 7.6%-€43,748▲ 17.4%-€47,829▼ 9.3%
The operating result for 2024 is a loss of €2,332, after a profit of €1,772 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14,551
Fixed assets
€2,462 ▼ 27.0%
Current assets
€12,089 ▼ 4.0%
Equity and liabilities
Equity-€45,367
Debt€59,918
Equity is negative. Debt (€59,918) exceeds the balance-sheet total (€14,551).
Key figures and ratios
EBITDA
-€1,423▼
2023 · €2,974
Cash flow
-€1,698▼
2023 · €2,708
Solvency
-311.8%▼
2023 · -268.0%
Current ratio
0.20▼
2023 · 0.22
Quick ratio
0.01▼
2023 · 0.02
ROA
-17.9%▼
2023 · 9.4%
Interest coverage
-5.18▼
2023 · 11.20
Debt ≤ 1 year
€59,918▲
2023 · €56,334
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | €4,545 | - | - |
| Depreciation and write-downs of the year | €3,617 | €4,248 | €1,202 | €909 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €32,320 | €32,501 | €49,256 | €26,918 | €36,356 | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | €702 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €29,735 | €32,340 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,403 | €2,491 | €3,443 | €3,617 | €4,248 | €1,202 | €909 | ▼ 24.4% |
| Other operating charges640/8 | - | - | - | €456 | €471 | €167 | €126 | ▼ 24.6% |
| Gross operating margin9900 | €2,336 | €515 | €6,465 | -€2,817 | €4,016 | €3,141 | -€1,297 | - |
| Operating profit (loss)9901 | -€708 | -€2,756 | €1,182 | -€6,890 | -€703 | €1,772 | -€2,332 | - |
| Financial income75/76B | - | - | - | - | - | €0 | - | - |
| Recurring financial income75 | €29 | €1 | €17 | - | - | €0 | - | - |
| Financial charges65/66B | - | - | - | €276 | €285 | €265 | €275 | ▲ 3.5% |
| Recurring financial charges65 | €179 | €302 | €350 | €276 | €285 | €265 | €275 | ▲ 3.5% |
| Profit (loss) for the period before taxes9903 | -€858 | -€3,057 | €849 | -€7,166 | -€988 | €1,506 | -€2,607 | - |
| Profit (loss) for the period9904 | -€858 | -€3,057 | €849 | -€7,166 | -€988 | €1,506 | -€2,607 | - |
| Profit (loss) for the period to be appropriated9905 | -€858 | -€3,057 | €849 | -€7,166 | -€988 | €1,506 | -€2,607 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €17,946 | €15,322 | €40,151 | €31,924 | €29,562 | €15,957 | €14,551 | ▼ 8.8% |
| Fixed assets21/28 | €2,925 | €876 | €14,705 | €11,088 | €11,385 | €3,371 | €2,462 | ▼ 27.0% |
| Tangible fixed assets22/27 | €2,925 | €876 | €14,705 | €11,088 | €11,385 | €3,371 | €2,462 | ▼ 27.0% |
| Plant, machinery and equipment23 | - | - | - | €951 | €4,573 | €3,371 | €2,462 | ▼ 27.0% |
| Furniture and vehicles24 | - | - | - | €10,137 | €6,812 | - | - | - |
| Current assets29/58 | €15,021 | €14,446 | €25,446 | €20,836 | €18,177 | €12,586 | €12,089 | ▼ 4.0% |
| Stocks and contracts in progress3 | €11,305 | €11,305 | €11,305 | €11,305 | €11,305 | €11,306 | €11,306 | = |
| Stocks30/36 | - | - | - | €11,305 | €11,305 | €11,306 | €11,306 | = |
| Amounts receivable within one year40/41 | €1,125 | €426 | €216 | €1,944 | €747 | €79 | €479 | ▲ 504% |
| Trade receivables40 | - | - | - | €1,932 | €739 | - | €222 | - |
| Other amounts receivable41 | - | - | - | €12 | €8 | €79 | €257 | ▲ 224% |
| Cash at bank and in hand54/58 | €2,441 | €2,453 | €13,665 | €7,320 | €5,846 | €1,201 | €304 | ▼ 74.7% |
| Deferred charges and accrued income490/1 | - | - | - | €267 | €279 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €17,946 | €15,322 | €40,151 | €31,924 | €29,562 | €15,957 | €14,551 | ▼ 8.8% |
| Equity10/15 | -€33,904 | -€36,961 | -€36,112 | -€43,278 | -€44,266 | -€42,760 | -€45,367 | ▼ 6.1% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€52,496 | -€55,553 | -€54,704 | -€61,870 | -€62,858 | -€61,352 | -€63,959 | ▼ 4.2% |
| Amounts payable17/49 | €51,850 | €52,283 | €76,263 | €75,202 | €73,828 | €58,717 | €59,918 | ▲ 2.0% |
| Amounts payable after more than one year17 | €1,616 | - | €7,633 | €5,185 | €2,711 | - | - | - |
| Financial debts170/4 | - | - | - | €5,185 | €2,711 | - | - | - |
| Amounts payable within one year42/48 | €50,234 | €52,283 | €68,630 | €70,017 | €71,117 | €56,334 | €59,918 | ▲ 6.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,447 | €2,474 | - | - | - |
| Trade debts44 | €2,445 | €1,213 | €260 | €1,397 | €2,298 | €903 | €761 | ▼ 15.7% |
| Suppliers440/4 | - | - | - | €1,397 | €2,298 | €903 | €761 | ▼ 15.7% |
| Taxes, remuneration and social security45 | - | - | - | €642 | €912 | - | - | - |
| Taxes450/3 | - | - | - | €642 | €912 | - | - | - |
| Other amounts payable47/48 | - | - | - | €65,531 | €65,433 | €55,431 | €59,157 | ▲ 6.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €2,383 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€858 | -€3,057 | €849 | -€7,166 | -€988 | €1,506 | -€2,607 | - |
| + Depreciation and write-downs630 | €2,403 | €2,491 | €3,443 | €3,617 | €4,248 | €1,202 | €909 | ▼ 24.4% |
| Operating cash flow (approximation) | €1,545 | -€566 | €4,292 | -€3,549 | €3,260 | €2,708 | -€1,698 | - |
| Investment in fixed assets (approximation) | - | -€442 | -€17,272 | €0 | -€4,545 | €6,812 | €0 | ▼ 100% |
| Change in cash | - | €12 | €11,212 | -€6,345 | -€1,474 | -€4,645 | -€897 | ▲ 80.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 24-07-2025 | 2025-00301502 | |
| 31-12-2023 | micro format | 15-10-2024 | 2024-00507546 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00177140 | |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20147221 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-28300295 | |
| 31-12-2019 | abbreviated format | 30-06-2020 | 2020-23600460 | |
| 31-12-2018 | abbreviated format | 16-07-2019 | 2019-33500340 | |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-25000173 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-25000410 | |
| 31-12-2015 | abbreviated format | 29-06-2016 | 2016-25200584 |