PABRI: 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.
PABRI
Largest movements
- Tangible fixed assets -€17,714
down €17,714 (-38.0%), from €46,557 to €28,843
- Receivables within one year +€15,901
up €15,901 (+48.8%), from €32,561 to €48,462
of which Trade receivables: +€10,541
- Cash -€1,496
down €1,496 (-17.0%), from €8,822 to €7,326
mainly Receivables within one year (-€15,901) and Debts after one year (-€11,982)
- Deferred charges and accrued income +€1,000
up €1,000 (+384.6%), from €260 to €1,260
- Other debts +€22,915
new in 2025: €22,915
- Debts after one year -€11,982
down €11,982 (-32.0%), from €37,402 to €25,420
- Tax, wage and social debts -€8,838
down €8,838 (-36.8%), from €24,038 to €15,200
of which Remuneration and social security: -€6,454
- Profit (loss) carried forward -€3,731
down €3,731 (-31.8%), from -€11,731 to -€15,462
- Gross operating margin -€7,716
down €7,716 (-7.7%), from €100,745 to €93,029
- Depreciation -€2,240
down €2,240 (-11.2%), from €19,954 to €17,714
- Staff costs -€2,156
down €2,156 (-2.9%), from €74,212 to €72,056
- Taxes +€1,502
new in 2025: €1,502
- Financial charges +€1,455
up €1,455 (+105.7%), from €1,376 to €2,831
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 | €88,200 | €86,291 | -€1,909 | -2.2% |
| Fixed assets | 21/28 | €46,557 | €29,243 | -€17,314 | -37.2% |
| Tangible fixed assets | 22/27 | €46,557 | €28,843 | -€17,714 | -38.0% |
| Furniture and vehicles | 24 | €46,557 | €28,843 | -€17,714 | -38.0% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €41,643 | €57,048 | +€15,405 | +37.0% |
| Amounts receivable within one year | 40/41 | €32,561 | €48,462 | +€15,901 | +48.8% |
| Trade receivables | 40 | €28,630 | €39,171 | +€10,541 | +36.8% |
| Other amounts receivable | 41 | €3,931 | €9,291 | +€5,360 | +136.4% |
| Cash at bank and in hand | 54/58 | €8,822 | €7,326 | -€1,496 | -17.0% |
| Deferred charges and accrued income | 490/1 | €260 | €1,260 | +€1,000 | +384.6% |
| Total equity and liabilities | 10/49 | €88,200 | €86,291 | -€1,909 | -2.2% |
| Equity | 10/15 | €13,269 | €9,538 | -€3,731 | -28.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,731 | -€15,462 | -€3,731 | -31.8% |
| Amounts payable | 17/49 | €74,931 | €76,753 | +€1,822 | +2.4% |
| Amounts payable after more than one year | 17 | €37,402 | €25,420 | -€11,982 | -32.0% |
| Financial debts | 170/4 | €37,402 | €25,420 | -€11,982 | -32.0% |
| Amounts payable within one year | 42/48 | €37,529 | €51,333 | +€13,804 | +36.8% |
| Current portion of amounts payable after more than one year | 42 | €12,277 | €11,981 | -€296 | -2.4% |
| Trade debts | 44 | €1,214 | €1,237 | +€23 | +1.9% |
| Suppliers | 440/4 | €1,214 | €1,237 | +€23 | +1.9% |
| Taxes, remuneration and social security | 45 | €24,038 | €15,200 | -€8,838 | -36.8% |
| Taxes | 450/3 | €2,897 | €513 | -€2,384 | -82.3% |
| Remuneration and social security | 454/9 | €21,141 | €14,687 | -€6,454 | -30.5% |
| Other amounts payable | 47/48 | - | €22,915 | +€22,915 | |
| Remuneration, social security and pensions | 62 | €74,212 | €72,056 | -€2,156 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,954 | €17,714 | -€2,240 | -11.2% |
| Other operating charges | 640/8 | €2,094 | €2,657 | +€563 | +26.9% |
| Gross operating margin | 9900 | €100,745 | €93,029 | -€7,716 | -7.7% |
| Operating profit (loss) | 9901 | €4,485 | €602 | -€3,883 | -86.6% |
| Financial charges | 65/66B | €1,376 | €2,831 | +€1,455 | +105.7% |
| Recurring financial charges | 65 | €1,376 | €2,831 | +€1,455 | +105.7% |
| Profit (loss) for the period before taxes | 9903 | €3,109 | -€2,229 | -€5,338 | |
| Income taxes | 67/77 | - | €1,502 | +€1,502 | |
| Profit (loss) for the period | 9904 | €3,109 | -€3,731 | -€6,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,109 | -€3,731 | -€6,840 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.