LES PASTELS: 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.
LES PASTELS
Largest movements
- Tangible fixed assets +€40,882
up €40,882 (+18.0%), from €226,728 to €267,610
of which Assets under construction and advance payments: +€61,809
- Receivables within one year +€27,487
up €27,487 (+7.5%), from €367,118 to €394,605
of which Other amounts receivable: +€310,369
- Profit (loss) carried forward +€97,296
up €97,296 (+20.4%), from €477,174 to €574,470
- Debts after one year -€16,635
down €16,635 (-47.1%), from €35,310 to €18,675
- Trade debts -€11,868
down €11,868 (-68.4%), from €17,347 to €5,479
- Purchases and services +€18,868
up €18,868 (+52.8%), from €35,712 to €54,579
- Gross operating margin -€12,002
down €12,002 (-7.0%), from €171,288 to €159,287
- Financial income -€6,774
down €6,774 (-57.3%), from €11,828 to €5,054
- Turnover +€6,723
up €6,723 (+3.2%), from €207,000 to €213,723
- Taxes +€5,938
up €5,938 (+22.3%), from €26,600 to €32,538
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 | €611,372 | €681,739 | +€70,366 | +11.5% |
| Fixed assets | 21/28 | €226,728 | €267,610 | +€40,882 | +18.0% |
| Tangible fixed assets | 22/27 | €226,728 | €267,610 | +€40,882 | +18.0% |
| Land and buildings | 22 | €223,216 | €196,213 | -€27,003 | -12.1% |
| Plant, machinery and equipment | 23 | - | €6,440 | +€6,440 | |
| Other tangible fixed assets | 26 | €3,512 | €3,147 | -€365 | -10.4% |
| Assets under construction and advance payments | 27 | - | €61,809 | +€61,809 | |
| Current assets | 29/58 | €384,644 | €414,129 | +€29,485 | +7.7% |
| Amounts receivable within one year | 40/41 | €367,118 | €394,605 | +€27,487 | +7.5% |
| Trade receivables | 40 | €340,548 | €57,666 | -€282,881 | -83.1% |
| Other amounts receivable | 41 | €26,570 | €336,939 | +€310,369 | +1,168% |
| Cash at bank and in hand | 54/58 | €17,327 | €19,484 | +€2,157 | +12.4% |
| Deferred charges and accrued income | 490/1 | €199 | €40 | -€159 | -80.1% |
| Total equity and liabilities | 10/49 | €611,372 | €681,739 | +€70,366 | +11.5% |
| Equity | 10/15 | €544,918 | €642,214 | +€97,296 | +17.9% |
| Contributions | 10/11 | €61,585 | €61,585 | = | 0.0% |
| Capital | 10 | €61,585 | €61,585 | = | 0.0% |
| Issued capital | 100 | €61,585 | €61,585 | = | 0.0% |
| Reserves | 13 | €6,159 | €6,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,159 | €6,159 | = | 0.0% |
| Legal reserve | 130 | €6,159 | €6,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €477,174 | €574,470 | +€97,296 | +20.4% |
| Amounts payable | 17/49 | €66,454 | €39,525 | -€26,930 | -40.5% |
| Amounts payable after more than one year | 17 | €35,310 | €18,675 | -€16,635 | -47.1% |
| Financial debts | 170/4 | €35,310 | €18,675 | -€16,635 | -47.1% |
| Amounts payable within one year | 42/48 | €27,756 | €20,655 | -€7,101 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €6,378 | €6,635 | +€257 | +4.0% |
| Trade debts | 44 | €17,347 | €5,479 | -€11,868 | -68.4% |
| Suppliers | 440/4 | €17,347 | €5,479 | -€11,868 | -68.4% |
| Other amounts payable | 47/48 | €4,031 | €8,541 | +€4,510 | +112% |
| Accrued charges and deferred income | 492/3 | €3,388 | €194 | -€3,194 | -94.3% |
| Turnover | 70 | €207,000 | €213,723 | +€6,723 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,712 | €54,579 | +€18,868 | +52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,542 | €29,518 | -€24 | -0.1% |
| Other operating charges | 640/8 | €1,227 | €1,399 | +€172 | +14.0% |
| Non-recurring operating charges | 66A | - | €315 | +€315 | |
| Gross operating margin | 9900 | €171,288 | €159,287 | -€12,002 | -7.0% |
| Operating profit (loss) | 9901 | €140,519 | €128,055 | -€12,464 | -8.9% |
| Financial income | 75/76B | €11,828 | €5,054 | -€6,774 | -57.3% |
| Recurring financial income | 75 | €11,828 | €5,054 | -€6,774 | -57.3% |
| Financial charges | 65/66B | €3,195 | €3,275 | +€80 | +2.5% |
| Recurring financial charges | 65 | €3,195 | €3,275 | +€80 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €149,151 | €129,834 | -€19,318 | -13.0% |
| Income taxes | 67/77 | €26,600 | €32,538 | +€5,938 | +22.3% |
| Profit (loss) for the period | 9904 | €122,551 | €97,296 | -€25,255 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,551 | €97,296 | -€25,255 | -20.6% |
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 19 October 2026 via checked.be.