PABLO INVEST: 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.
PABLO INVEST
Largest movements
- Cash +€100,197
up €100,197 (+548%), from €18,292 to €118,489
mainly Other debts (+€90,000) and Net result for the year (+€8,004)
- Other debts +€90,000
new in 2025: €90,000
- Reserves +€8,004
up €8,004 (+243%), from €3,292 to €11,296
- Tax, wage and social debts +€2,193
new in 2025: €2,193
- Financial income +€12,032
up €12,032 (+2,571%), from €468 to €12,500
- Taxes +€2,193
new in 2025: €2,193
- Gross operating margin +€330
up €330 (+16.8%), from -€1,964 to -€1,634
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 | €18,292 | €118,489 | +€100,197 | +548% |
| Current assets | 29/58 | €18,292 | €118,489 | +€100,197 | +548% |
| Cash at bank and in hand | 54/58 | €18,292 | €118,489 | +€100,197 | +548% |
| Total equity and liabilities | 10/49 | €18,292 | €118,489 | +€100,197 | +548% |
| Equity | 10/15 | €18,292 | €26,296 | +€8,004 | +43.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €3,292 | €11,296 | +€8,004 | +243% |
| Distributable reserves | 133 | €3,292 | €11,296 | +€8,004 | +243% |
| Amounts payable | 17/49 | - | €92,193 | +€92,193 | |
| Amounts payable within one year | 42/48 | - | €92,193 | +€92,193 | |
| Taxes, remuneration and social security | 45 | - | €2,193 | +€2,193 | |
| Taxes | 450/3 | - | €2,193 | +€2,193 | |
| Other amounts payable | 47/48 | - | €90,000 | +€90,000 | |
| Other operating charges | 640/8 | €610 | €626 | +€16 | +2.6% |
| Gross operating margin | 9900 | -€1,964 | -€1,634 | +€330 | +16.8% |
| Operating profit (loss) | 9901 | -€2,574 | -€2,260 | +€314 | +12.2% |
| Financial income | 75/76B | €468 | €12,500 | +€12,032 | +2,571% |
| Recurring financial income | 75 | €468 | €12,500 | +€12,032 | +2,571% |
| Financial charges | 65/66B | €44 | €44 | -€1 | -1.1% |
| Recurring financial charges | 65 | €44 | €44 | -€1 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,150 | €10,197 | +€12,347 | |
| Income taxes | 67/77 | - | €2,193 | +€2,193 | |
| Profit (loss) for the period | 9904 | -€2,150 | €8,004 | +€10,154 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,150 | €8,004 | +€10,154 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.