DU PACHY: 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.
DU PACHY
Largest movements
- Tangible fixed assets -€23,238
down €23,238 (-6.1%), from €382,351 to €359,113
of which Land and buildings: -€12,001
- Profit (loss) carried forward -€9,528
down €9,528 (-6.8%), from -€140,017 to -€149,545
- Other debts -€9,152
down €9,152 (-3.1%), from €299,476 to €290,324
- Gross operating margin -€24,106
down €24,106 (-57.8%), from €41,718 to €17,613
- Depreciation -€8,015
down €8,015 (-23.4%), from €34,306 to €26,291
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 | €531,439 | €512,759 | -€18,680 | -3.5% |
| Fixed assets | 21/28 | €382,351 | €359,113 | -€23,238 | -6.1% |
| Tangible fixed assets | 22/27 | €382,351 | €359,113 | -€23,238 | -6.1% |
| Land and buildings | 22 | €302,807 | €290,806 | -€12,001 | -4.0% |
| Plant, machinery and equipment | 23 | €79,544 | €68,307 | -€11,237 | -14.1% |
| Current assets | 29/58 | €149,088 | €153,646 | +€4,558 | +3.1% |
| Amounts receivable within one year | 40/41 | €107,206 | €111,328 | +€4,122 | +3.8% |
| Other amounts receivable | 41 | €107,206 | €111,328 | +€4,122 | +3.8% |
| Cash at bank and in hand | 54/58 | €35,228 | €32,740 | -€2,489 | -7.1% |
| Deferred charges and accrued income | 490/1 | €6,654 | €9,578 | +€2,924 | +43.9% |
| Total equity and liabilities | 10/49 | €531,439 | €512,759 | -€18,680 | -3.5% |
| Equity | 10/15 | €231,963 | €222,435 | -€9,528 | -4.1% |
| Contributions | 10/11 | €370,018 | €370,018 | = | 0.0% |
| Capital | 10 | €327,447 | - | -€327,447 | |
| Issued capital | 100 | €327,447 | - | -€327,447 | |
| Outside capital | 11 | €42,570 | €370,018 | +€327,447 | +769.2% |
| Share premium | 1100/10 | €42,570 | - | -€42,570 | |
| Other | 1109/19 | - | €370,018 | +€370,018 | |
| Reserves | 13 | €1,963 | €1,963 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,963 | €1,963 | = | 0.0% |
| Legal reserve | 130 | €1,963 | €1,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,017 | -€149,545 | -€9,528 | -6.8% |
| Amounts payable | 17/49 | €299,476 | €290,324 | -€9,152 | -3.1% |
| Amounts payable within one year | 42/48 | €299,476 | €290,324 | -€9,152 | -3.1% |
| Other amounts payable | 47/48 | €299,476 | €290,324 | -€9,152 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,306 | €26,291 | -€8,015 | -23.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €41,718 | €17,613 | -€24,106 | -57.8% |
| Operating profit (loss) | 9901 | €7,025 | -€9,078 | -€16,103 | |
| Financial income | 75/76B | €20 | €19 | -€2 | -9.4% |
| Recurring financial income | 75 | €20 | €19 | -€2 | -9.4% |
| Financial charges | 65/66B | €340 | €468 | +€129 | +37.9% |
| Recurring financial charges | 65 | €340 | €468 | +€129 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €6,705 | -€9,528 | -€16,233 | |
| Income taxes | 67/77 | €5 | - | -€5 | |
| Profit (loss) for the period | 9904 | €6,701 | -€9,528 | -€16,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,701 | -€9,528 | -€16,229 |
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.