PABRICO: 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.
PABRICO
Largest movements
- Receivables after one year +€36,000
up €36,000 (+8.2%), from €441,147 to €477,147
- Cash -€34,800
down €34,800 (-96.4%), from €36,088 to €1,288
mainly Receivables after one year (-€36,000) and Contributions, distributions and other (-€15,000)
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€447
up €447 (+2.8%), from €16,136 to €16,583
- Taxes +€93
up €93 (+2.3%), from €4,018 to €4,111
- Other operating charges +€14
up €14 (+2.8%), from €505 to €520
- Gross operating margin -€2
down €2 (-3.0%), from -€64 to -€66
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 | €493,459 | €489,904 | -€3,555 | -0.7% |
| Current assets | 29/58 | €493,459 | €489,904 | -€3,555 | -0.7% |
| Amounts receivable after more than one year | 29 | €441,147 | €477,147 | +€36,000 | +8.2% |
| Other amounts receivable | 291 | €441,147 | €477,147 | +€36,000 | +8.2% |
| Amounts receivable within one year | 40/41 | €16,224 | €11,469 | -€4,755 | -29.3% |
| Other amounts receivable | 41 | €16,224 | €11,469 | -€4,755 | -29.3% |
| Cash at bank and in hand | 54/58 | €36,088 | €1,288 | -€34,800 | -96.4% |
| Total equity and liabilities | 10/49 | €493,459 | €489,904 | -€3,555 | -0.7% |
| Equity | 10/15 | €477,311 | €474,168 | -€3,143 | -0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €471,111 | €467,968 | -€3,143 | -0.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €469,251 | €466,108 | -€3,143 | -0.7% |
| Amounts payable | 17/49 | €16,148 | €15,736 | -€412 | -2.5% |
| Amounts payable within one year | 42/48 | €16,118 | €15,706 | -€412 | -2.6% |
| Taxes, remuneration and social security | 45 | €5,618 | €5,206 | -€412 | -7.3% |
| Taxes | 450/3 | €5,618 | €5,206 | -€412 | -7.3% |
| Other amounts payable | 47/48 | €10,500 | €10,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €30 | €30 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€64 | -€66 | -€2 | -3.0% |
| Operating profit (loss) | 9901 | -€569 | -€585 | -€16 | -2.9% |
| Financial income | 75/76B | €16,136 | €16,583 | +€447 | +2.8% |
| Recurring financial income | 75 | €16,136 | €16,583 | +€447 | +2.8% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €15,537 | €15,968 | +€431 | +2.8% |
| Income taxes | 67/77 | €4,018 | €4,111 | +€93 | +2.3% |
| Profit (loss) for the period | 9904 | €11,519 | €11,857 | +€338 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,519 | €11,857 | +€338 | +2.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.