CASA PACO: 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.
CASA PACO
Largest movements
- Intangible fixed assets +€39,119
new in 2025: €39,119
- Financial fixed assets -€35,000
down €35,000 (-33.3%), from €105,000 to €70,000
- Tangible fixed assets -€26,730
down €26,730 (-6.4%), from €415,087 to €388,356
of which Furniture and vehicles: -€20,279
- Cash +€12,891
up €12,891 (+17.6%), from €73,159 to €86,049
mainly Depreciation (+€107,341) and Current portion of long-term debt (+€39,967)
- Stocks and contracts +€11,630
up €11,630 (+25.3%), from €45,907 to €57,537
- Current portion of long-term debt +€39,967
up €39,967 (+55.0%), from €72,653 to €112,621
- Other debts +€36,710
up €36,710 (+127%), from €29,004 to €65,714
- Trade debts -€25,289
down €25,289 (-21.1%), from €120,035 to €94,746
- Debts after one year -€22,197
down €22,197 (-12.7%), from €174,819 to €152,622
- Short-term financial debts -€20,119
no longer reported in 2025 (was €20,119)
- Depreciation +€34,473
up €34,473 (+47.3%), from €72,868 to €107,341
- Gross operating margin +€32,217
up €32,217 (+4.6%), from €698,666 to €730,883
- Financial income -€20,200
down €20,200 (-94.5%), from €21,385 to €1,185
- Staff costs -€19,586
down €19,586 (-3.1%), from €624,038 to €604,452
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 | €686,363 | €683,490 | -€2,873 | -0.4% |
| Fixed assets | 21/28 | €520,087 | €497,475 | -€22,611 | -4.3% |
| Intangible fixed assets | 21 | - | €39,119 | +€39,119 | |
| Tangible fixed assets | 22/27 | €415,087 | €388,356 | -€26,730 | -6.4% |
| Plant, machinery and equipment | 23 | €329,619 | €323,168 | -€6,451 | -2.0% |
| Furniture and vehicles | 24 | €85,468 | €65,188 | -€20,279 | -23.7% |
| Financial fixed assets | 28 | €105,000 | €70,000 | -€35,000 | -33.3% |
| Current assets | 29/58 | €166,277 | €186,015 | +€19,738 | +11.9% |
| Stocks and contracts in progress | 3 | €45,907 | €57,537 | +€11,630 | +25.3% |
| Stocks | 30/36 | €45,907 | €57,537 | +€11,630 | +25.3% |
| Amounts receivable within one year | 40/41 | €39,091 | €33,243 | -€5,848 | -15.0% |
| Trade receivables | 40 | €22,460 | €13,449 | -€9,011 | -40.1% |
| Other amounts receivable | 41 | €16,631 | €19,794 | +€3,163 | +19.0% |
| Cash at bank and in hand | 54/58 | €73,159 | €86,049 | +€12,891 | +17.6% |
| Deferred charges and accrued income | 490/1 | €8,119 | €9,185 | +€1,066 | +13.1% |
| Total equity and liabilities | 10/49 | €686,363 | €683,490 | -€2,873 | -0.4% |
| Equity | 10/15 | €162,138 | €164,032 | +€1,894 | +1.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,238 | €143,132 | +€1,894 | +1.3% |
| Amounts payable | 17/49 | €524,225 | €519,459 | -€4,767 | -0.9% |
| Amounts payable after more than one year | 17 | €174,819 | €152,622 | -€22,197 | -12.7% |
| Financial debts | 170/4 | €174,819 | €152,622 | -€22,197 | -12.7% |
| Amounts payable within one year | 42/48 | €348,420 | €366,837 | +€18,417 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €72,653 | €112,621 | +€39,967 | +55.0% |
| Financial debts | 43 | €20,119 | - | -€20,119 | |
| Credit institutions | 430/8 | €20,119 | - | -€20,119 | |
| Trade debts | 44 | €120,035 | €94,746 | -€25,289 | -21.1% |
| Suppliers | 440/4 | €120,035 | €94,746 | -€25,289 | -21.1% |
| Taxes, remuneration and social security | 45 | €106,608 | €93,756 | -€12,852 | -12.1% |
| Taxes | 450/3 | €26,254 | €31,427 | +€5,174 | +19.7% |
| Remuneration and social security | 454/9 | €80,355 | €62,329 | -€18,026 | -22.4% |
| Other amounts payable | 47/48 | €29,004 | €65,714 | +€36,710 | +127% |
| Accrued charges and deferred income | 492/3 | €986 | - | -€986 | |
| Remuneration, social security and pensions | 62 | €624,038 | €604,452 | -€19,586 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,868 | €107,341 | +€34,473 | +47.3% |
| Other operating charges | 640/8 | €792 | €1,400 | +€608 | +76.8% |
| Gross operating margin | 9900 | €698,666 | €730,883 | +€32,217 | +4.6% |
| Operating profit (loss) | 9901 | €968 | €17,690 | +€16,722 | +1,728% |
| Financial income | 75/76B | €21,385 | €1,185 | -€20,200 | -94.5% |
| Recurring financial income | 75 | €21,385 | €1,185 | -€20,200 | -94.5% |
| Financial charges | 65/66B | €16,998 | €16,846 | -€153 | -0.9% |
| Recurring financial charges | 65 | €16,998 | €16,846 | -€153 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €5,354 | €2,029 | -€3,325 | -62.1% |
| Income taxes | 67/77 | €2,122 | €135 | -€1,987 | -93.6% |
| Profit (loss) for the period | 9904 | €3,232 | €1,894 | -€1,338 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,232 | €1,894 | -€1,338 | -41.4% |
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 24 October 2026 via checked.be.