PAC ENERGY: 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.
PAC ENERGY
Largest movements
- Receivables within one year -€181,602
down €181,602 (-24.2%), from €751,847 to €570,245
of which Other amounts receivable: -€175,786
- Cash +€12,749
up €12,749 (+358%), from €3,561 to €16,310
mainly Receivables within one year (+€181,602) and Depreciation (+€3,255)
- Tax, wage and social debts -€153,444
down €153,444 (-99.3%), from €154,518 to €1,074
- Trade debts -€15,856
down €15,856 (-95.9%), from €16,527 to €671
- Financial income -€517,346
no longer reported in 2025 (was €517,346)
of which Financial income: -€517,346
- Taxes -€151,877
down €151,877 (-99.0%), from €153,399 to €1,522
- Financial charges -€26,015
down €26,015 (-95.7%), from €27,193 to €1,178
of which Non-recurring financial charges: -€24,891
- Gross operating margin +€18,273
up €18,273, from -€14,172 to €4,101
- Write-downs +€7,500
no longer reported in 2025 (was -€7,500)
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 | €759,891 | €587,783 | -€172,108 | -22.6% |
| Fixed assets | 21/28 | €4,483 | €1,228 | -€3,255 | -72.6% |
| Tangible fixed assets | 22/27 | €4,483 | €1,228 | -€3,255 | -72.6% |
| Plant, machinery and equipment | 23 | €2,142 | €850 | -€1,292 | -60.3% |
| Furniture and vehicles | 24 | €2,341 | €378 | -€1,963 | -83.9% |
| Current assets | 29/58 | €755,408 | €586,555 | -€168,853 | -22.4% |
| Amounts receivable within one year | 40/41 | €751,847 | €570,245 | -€181,602 | -24.2% |
| Trade receivables | 40 | €176,036 | €170,220 | -€5,816 | -3.3% |
| Other amounts receivable | 41 | €575,811 | €400,025 | -€175,786 | -30.5% |
| Cash at bank and in hand | 54/58 | €3,561 | €16,310 | +€12,749 | +358% |
| Total equity and liabilities | 10/49 | €759,891 | €587,783 | -€172,108 | -22.6% |
| Equity | 10/15 | €588,846 | €586,038 | -€2,808 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €300,504 | €300,504 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €299,884 | €299,884 | = | 0.0% |
| Profit (loss) carried forward | 14 | €282,142 | €279,334 | -€2,808 | -1.0% |
| Amounts payable | 17/49 | €171,045 | €1,745 | -€169,300 | -99.0% |
| Amounts payable within one year | 42/48 | €171,045 | €1,745 | -€169,300 | -99.0% |
| Trade debts | 44 | €16,527 | €671 | -€15,856 | -95.9% |
| Suppliers | 440/4 | €16,527 | €671 | -€15,856 | -95.9% |
| Taxes, remuneration and social security | 45 | €154,518 | €1,074 | -€153,444 | -99.3% |
| Taxes | 450/3 | €154,518 | €1,074 | -€153,444 | -99.3% |
| Remuneration, social security and pensions | 62 | €192 | €200 | +€8 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,978 | €3,255 | -€2,723 | -45.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,500 | - | +€7,500 | |
| Other operating charges | 640/8 | €7,398 | €754 | -€6,644 | -89.8% |
| Gross operating margin | 9900 | -€14,172 | €4,101 | +€18,273 | |
| Operating profit (loss) | 9901 | -€20,240 | -€108 | +€20,132 | +99.5% |
| Financial income | 75/76B | €517,346 | - | -€517,346 | |
| Recurring financial income | 75 | €517,346 | - | -€517,346 | |
| Non-recurring financial income | 76B | €517,346 | - | -€517,346 | |
| Financial charges | 65/66B | €27,193 | €1,178 | -€26,015 | -95.7% |
| Recurring financial charges | 65 | €2,302 | €1,178 | -€1,124 | -48.8% |
| Non-recurring financial charges | 66B | €24,891 | - | -€24,891 | |
| Profit (loss) for the period before taxes | 9903 | €469,913 | -€1,286 | -€471,199 | |
| Income taxes | 67/77 | €153,399 | €1,522 | -€151,877 | -99.0% |
| Profit (loss) for the period | 9904 | €316,514 | -€2,808 | -€319,322 | |
| Profit (loss) for the period to be appropriated | 9905 | €316,514 | -€2,808 | -€319,322 |
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 1 November 2026 via checked.be.