PABLO: what changed
What changed
PABLO
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€2,814
2024 · €78,437-€75,624
Equity
€622,989
2024 · €620,175+€2,814
Cash
€234,095
2024 · €269,347-€35,251
Balance sheet total
€2.6m
2024 · €2.6m-€32,337
Largest movements
Assets
- Cash -€35,251
down €35,251 (-13.1%), from €269,347 to €234,095
mainly Accrued charges and deferred income (-€31,873) and Other debts (-€14,441)
Equity and liabilities
- Accrued charges and deferred income -€31,873
down €31,873 (-93.9%), from €33,926 to €2,054
Income statement
- Financial charges +€57,159
up €57,159, from -€570 to €56,589
- Financial income -€34,846
down €34,846 (-38.7%), from €90,093 to €55,246
- Taxes -€13,207
down €13,207 (-70.2%), from €18,805 to €5,598
- Gross operating margin +€2,590
up €2,590 (+16.8%), from €15,403 to €17,992
- Other operating charges -€613
down €613 (-7.7%), from €7,979 to €7,366
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€78,437
Gross operating margin
+€2,590
Depreciation
-€27
Other operating charges
+€613
Financial income
-€34,846
Financial charges
-€57,159
Taxes
+€13,207
Result 2025
€2,814
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€43,720
Investment
+€8,468
Financing
€0
Cash 2024
€269,347
From operations (derived)
-€43,720
Net result for the year
+€2,814
Depreciation
+€872
Receivables within one year
-€11,178
Deferred charges and accrued income
-€1,078
Trade debts
+€9,621
Tax, wage and social debts
+€1,542
Other debts
-€14,441
Accrued charges and deferred income
-€31,873
Investment (derived)
+€8,468
Current investments
+€8,468
Cash 2025
€234,095
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,635,732 | €2,603,396 | -€32,337 | -1.2% |
| Fixed assets | 21/28 | €972,351 | €971,478 | -€872 | -0.1% |
| Tangible fixed assets | 22/27 | €90,849 | €89,977 | -€872 | -1.0% |
| Land and buildings | 22 | €89,548 | €89,282 | -€266 | -0.3% |
| Plant, machinery and equipment | 23 | €541 | €413 | -€128 | -23.7% |
| Furniture and vehicles | 24 | €760 | €282 | -€478 | -62.9% |
| Financial fixed assets | 28 | €881,501 | €881,501 | = | 0.0% |
| Current assets | 29/58 | €1,663,382 | €1,631,917 | -€31,464 | -1.9% |
| Amounts receivable within one year | 40/41 | €2,666 | €13,843 | +€11,178 | +419% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,666 | €13,843 | +€11,178 | +419% |
| Current investments | 50/53 | €1,390,939 | €1,382,471 | -€8,468 | -0.6% |
| Cash at bank and in hand | 54/58 | €269,347 | €234,095 | -€35,251 | -13.1% |
| Deferred charges and accrued income | 490/1 | €430 | €1,507 | +€1,078 | +251% |
| Total equity and liabilities | 10/49 | €2,635,732 | €2,603,396 | -€32,337 | -1.2% |
| Equity | 10/15 | €620,175 | €622,989 | +€2,814 | +0.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €558,175 | €560,989 | +€2,814 | +0.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €551,975 | €554,789 | +€2,814 | +0.5% |
| Amounts payable | 17/49 | €2,015,557 | €1,980,406 | -€35,150 | -1.7% |
| Amounts payable within one year | 42/48 | €1,981,631 | €1,978,353 | -€3,278 | -0.2% |
| Trade debts | 44 | €5,212 | €14,834 | +€9,621 | +185% |
| Suppliers | 440/4 | €5,212 | €14,834 | +€9,621 | +185% |
| Taxes, remuneration and social security | 45 | €1,163 | €2,705 | +€1,542 | +133% |
| Taxes | 450/3 | €1,163 | €2,705 | +€1,542 | +133% |
| Other amounts payable | 47/48 | €1,975,255 | €1,960,814 | -€14,441 | -0.7% |
| Accrued charges and deferred income | 492/3 | €33,926 | €2,054 | -€31,873 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €845 | €872 | +€27 | +3.2% |
| Other operating charges | 640/8 | €7,979 | €7,366 | -€613 | -7.7% |
| Gross operating margin | 9900 | €15,403 | €17,992 | +€2,590 | +16.8% |
| Operating profit (loss) | 9901 | €6,579 | €9,754 | +€3,175 | +48.3% |
| Financial income | 75/76B | €90,093 | €55,246 | -€34,846 | -38.7% |
| Recurring financial income | 75 | €90,093 | €55,246 | -€34,846 | -38.7% |
| Financial charges | 65/66B | -€570 | €56,589 | +€57,159 | |
| Recurring financial charges | 65 | -€570 | €56,589 | +€57,159 | |
| Profit (loss) for the period before taxes | 9903 | €97,242 | €8,412 | -€88,830 | -91.3% |
| Income taxes | 67/77 | €18,805 | €5,598 | -€13,207 | -70.2% |
| Profit (loss) for the period | 9904 | €78,437 | €2,814 | -€75,624 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,437 | €2,814 | -€75,624 | -96.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.