Le Pac: 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.
What changed
Le Pac
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€116,731
2024 · -€414,258+€297,527
Equity
€17.8m
2024 · €18.6m-€716,731
Cash
€19,194
2024 · €12,093+€7,101
Balance sheet total
€19.5m
2024 · €19.6m-€150,667
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward -€716,731
down €716,731 (-26.5%), from €2.7m to €2.0m
- Other debts +€500,484
up €500,484 (+98.3%), from €508,895 to €1.0m
Income statement
- Financial charges -€323,998
down €323,998 (-86.3%), from €375,217 to €51,220
of which Non-recurring financial charges: -€200,121
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.
Result 2024
-€414,258
Other operating charges
-€31
Other operating items
-€12,134
Financial income
-€14,306
Financial charges
+€323,998
Result 2025
-€116,731
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.
From operations
+€578,101
Investment
+€29,000
Financing
-€600,000
Cash 2024
€12,093
From operations (derived)
+€578,101
Net result for the year
-€116,731
Receivables within one year
+€128,768
Trade debts
-€2,186
Other debts
+€500,484
Accrued charges and deferred income
+€67,766
Investment (derived)
+€29,000
Investment in fixed assets (net)
-€10,000
Current investments
+€39,000
Financing
-€600,000
Contributions, distributions and other
-€600,000
Cash 2025
€19,194
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,602,302 | €19,451,634 | -€150,667 | -0.8% |
| Fixed assets | 21/28 | €18,336,855 | €18,346,855 | +€10,000 | +0.1% |
| Financial fixed assets | 28 | €18,336,855 | €18,346,855 | +€10,000 | +0.1% |
| Affiliated companies | 280/1 | €16,722,855 | €16,732,855 | +€10,000 | +0.1% |
| Participating interests | 280 | €16,722,855 | €16,732,855 | +€10,000 | +0.1% |
| Other financial fixed assets | 284/8 | €1,614,000 | €1,614,000 | = | 0.0% |
| Shares | 284 | €1,614,000 | €1,614,000 | = | 0.0% |
| Current assets | 29/58 | €1,265,447 | €1,104,780 | -€160,667 | -12.7% |
| Amounts receivable within one year | 40/41 | €986,354 | €857,586 | -€128,768 | -13.1% |
| Other amounts receivable | 41 | €986,354 | €857,586 | -€128,768 | -13.1% |
| Current investments | 50/53 | €267,000 | €228,000 | -€39,000 | -14.6% |
| Other investments | 51/53 | €267,000 | €228,000 | -€39,000 | -14.6% |
| Cash at bank and in hand | 54/58 | €12,093 | €19,194 | +€7,101 | +58.7% |
| Total equity and liabilities | 10/49 | €19,602,302 | €19,451,634 | -€150,667 | -0.8% |
| Equity | 10/15 | €18,551,934 | €17,835,203 | -€716,731 | -3.9% |
| Contributions | 10/11 | €15,842,715 | €15,842,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,709,219 | €1,992,488 | -€716,731 | -26.5% |
| Amounts payable | 17/49 | €1,050,368 | €1,616,431 | +€566,064 | +53.9% |
| Amounts payable within one year | 42/48 | €863,742 | €1,362,040 | +€498,298 | +57.7% |
| Financial debts | 43 | €352,010 | €352,010 | = | 0.0% |
| Credit institutions | 430/8 | €352,010 | €352,010 | = | 0.0% |
| Trade debts | 44 | €2,838 | €652 | -€2,186 | -77.0% |
| Suppliers | 440/4 | €2,838 | €652 | -€2,186 | -77.0% |
| Other amounts payable | 47/48 | €508,895 | €1,009,379 | +€500,484 | +98.3% |
| Accrued charges and deferred income | 492/3 | €186,626 | €254,391 | +€67,766 | +36.3% |
| Operating income | 70/76A | €7,501 | €17,341 | +€9,840 | +131.2% |
| Non-recurring operating income | 76A | €7,501 | €17,341 | +€9,840 | +131.2% |
| Operating charges | 60/66A | €66,783 | €88,789 | +€22,006 | +33.0% |
| Services and other goods | 61 | €65,816 | €87,791 | +€21,975 | +33.4% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | -€59,283 | -€71,448 | -€12,165 | -20.5% |
| Financial income | 75/76B | €20,242 | €5,936 | -€14,306 | -70.7% |
| Recurring financial income | 75 | €20,242 | €5,936 | -€14,306 | -70.7% |
| Income from current assets | 751 | €20,242 | €5,936 | -€14,306 | -70.7% |
| Financial charges | 65/66B | €375,217 | €51,220 | -€323,998 | -86.3% |
| Recurring financial charges | 65 | €175,097 | €51,220 | -€123,877 | -70.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €158,000 | €39,000 | -€119,000 | -75.3% |
| Other financial charges | 652/9 | €17,097 | €12,220 | -€4,877 | -28.5% |
| Non-recurring financial charges | 66B | €200,121 | - | -€200,121 | |
| Profit (loss) for the period before taxes | 9903 | -€414,258 | -€116,731 | +€297,527 | +71.8% |
| Profit (loss) for the period | 9904 | -€414,258 | -€116,731 | +€297,527 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€414,258 | -€116,731 | +€297,527 | +71.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.