Pacauto: 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.
What changed
Pacauto
NACE 46.720, Wholesale of motor vehicle parts and accessories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€103,830
2024 · €167,626-€63,797
Equity
€691,032
2024 · €612,202+€78,830
Cash
€95,368
2024 · €58,604+€36,764
Balance sheet total
€2.2m
2024 · €2.5m-€229,817
Largest movements
Assets
- Stocks and contracts -€282,895
down €282,895 (-16.5%), from €1.7m to €1.4m
- Intangible fixed assets -€40,013
down €40,013 (-33.0%), from €121,148 to €81,135
- Cash +€36,764
up €36,764 (+62.7%), from €58,604 to €95,368
mainly Stocks and contracts (+€282,895) and Other debts (+€255,000)
- Deferred charges and accrued income +€34,435
up €34,435 (+319.0%), from €10,793 to €45,229
Equity and liabilities
- Short-term financial debts -€301,094
down €301,094 (-32.6%), from €924,796 to €623,702
- Other debts +€255,000
up €255,000 (+150.0%), from €170,000 to €425,000
- Trade debts -€253,803
down €253,803 (-49.0%), from €517,836 to €264,033
- Reserves +€81,132
up €81,132 (+15.0%), from €540,000 to €621,132
of which Distributable reserves: +€81,132
- Provisions +€35,000
new in 2025: €35,000
Income statement
- Provisions +€35,000
new in 2025: €35,000
- Financial charges -€32,029
down €32,029 (-20.6%), from €155,344 to €123,315
- Staff costs +€23,710
up €23,710 (+2.3%), from €1.0m to €1.0m
- Write-downs +€23,070
up €23,070 (+95.8%), from -€24,084 to -€1,014
- Taxes +€18,248
up €18,248 (+70.7%), from €25,793 to €44,041
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.
Result 2024
€167,626
Gross operating margin
+€8,471
Staff costs
-€23,710
Depreciation
-€2,167
Write-downs
-€23,070
Provisions
-€35,000
Other operating charges
-€2,587
Other operating items
-€699
Financial income
+€1,183
Financial charges
+€32,029
Taxes
-€18,248
Result 2025
€103,830
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.
From operations
+€435,817
Investment
-€50,626
Financing
-€348,427
Cash 2024
€58,604
From operations (derived)
+€435,817
Net result for the year
+€103,830
Depreciation
+€72,648
Stocks and contracts
+€282,895
Receivables within one year
-€3,901
Deferred charges and accrued income
-€34,435
Provisions
+€35,000
Trade debts
-€253,803
Tax, wage and social debts
-€16,519
Other debts
+€255,000
Accrued charges and deferred income
-€4,897
Investment (derived)
-€50,626
Investment in fixed assets (net)
-€50,626
Financing
-€348,427
Debts after one year
-€17,796
Current portion of long-term debt
-€4,538
Short-term financial debts
-€301,094
Contributions, distributions and other
-€25,000
Cash 2025
€95,368
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,453,832 | €2,224,015 | -€229,817 | -9.4% |
| Fixed assets | 21/28 | €174,248 | €152,226 | -€22,022 | -12.6% |
| Intangible fixed assets | 21 | €121,148 | €81,135 | -€40,013 | -33.0% |
| Tangible fixed assets | 22/27 | €53,101 | €71,091 | +€17,991 | +33.9% |
| Plant, machinery and equipment | 23 | €19,994 | €20,129 | +€136 | +0.7% |
| Furniture and vehicles | 24 | €24,994 | €32,428 | +€7,435 | +29.7% |
| Other tangible fixed assets | 26 | €8,113 | €18,533 | +€10,420 | +128.4% |
| Current assets | 29/58 | €2,279,584 | €2,071,789 | -€207,795 | -9.1% |
| Stocks and contracts in progress | 3 | €1,716,146 | €1,433,251 | -€282,895 | -16.5% |
| Stocks | 30/36 | €1,716,146 | €1,433,251 | -€282,895 | -16.5% |
| Amounts receivable within one year | 40/41 | €494,040 | €497,942 | +€3,901 | +0.8% |
| Trade receivables | 40 | €493,959 | €497,216 | +€3,257 | +0.7% |
| Other amounts receivable | 41 | €81 | €725 | +€644 | +791.6% |
| Cash at bank and in hand | 54/58 | €58,604 | €95,368 | +€36,764 | +62.7% |
| Deferred charges and accrued income | 490/1 | €10,793 | €45,229 | +€34,435 | +319.0% |
| Total equity and liabilities | 10/49 | €2,453,832 | €2,224,015 | -€229,817 | -9.4% |
| Equity | 10/15 | €612,202 | €691,032 | +€78,830 | +12.9% |
| Contributions | 10/11 | €69,900 | €69,900 | = | 0.0% |
| Capital | 10 | €69,900 | €69,900 | = | 0.0% |
| Issued capital | 100 | €69,900 | €69,900 | = | 0.0% |
| Reserves | 13 | €540,000 | €621,132 | +€81,132 | +15.0% |
| Non-distributable reserves | 130/1 | €6,990 | €6,990 | = | 0.0% |
| Legal reserve | 130 | €6,990 | €6,990 | = | 0.0% |
| Distributable reserves | 133 | €533,010 | €614,142 | +€81,132 | +15.2% |
| Profit (loss) carried forward | 14 | €2,302 | - | -€2,302 | |
| Provisions and deferred taxes | 16 | - | €35,000 | +€35,000 | |
| Provisions for liabilities and charges | 160/5 | - | €35,000 | +€35,000 | |
| Environmental obligations | 163 | - | €35,000 | +€35,000 | |
| Amounts payable | 17/49 | €1,841,630 | €1,497,983 | -€343,647 | -18.7% |
| Amounts payable after more than one year | 17 | €27,616 | €9,821 | -€17,796 | -64.4% |
| Financial debts | 170/4 | €27,616 | €9,821 | -€17,796 | -64.4% |
| Amounts payable within one year | 42/48 | €1,741,814 | €1,420,860 | -€320,954 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €22,333 | €17,796 | -€4,538 | -20.3% |
| Financial debts | 43 | €924,796 | €623,702 | -€301,094 | -32.6% |
| Credit institutions | 430/8 | €924,796 | €623,702 | -€301,094 | -32.6% |
| Trade debts | 44 | €517,836 | €264,033 | -€253,803 | -49.0% |
| Suppliers | 440/4 | €517,836 | €264,033 | -€253,803 | -49.0% |
| Taxes, remuneration and social security | 45 | €106,849 | €90,330 | -€16,519 | -15.5% |
| Taxes | 450/3 | €35,059 | €23,966 | -€11,093 | -31.6% |
| Remuneration and social security | 454/9 | €71,790 | €66,364 | -€5,426 | -7.6% |
| Other amounts payable | 47/48 | €170,000 | €425,000 | +€255,000 | +150.0% |
| Accrued charges and deferred income | 492/3 | €72,199 | €67,302 | -€4,897 | -6.8% |
| Non-recurring operating income | 76A | €3,200 | €15,289 | +€12,089 | +377.8% |
| Remuneration, social security and pensions | 62 | €1,017,439 | €1,041,149 | +€23,710 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,481 | €72,648 | +€2,167 | +3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€24,084 | -€1,014 | +€23,070 | +95.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €35,000 | +€35,000 | |
| Other operating charges | 640/8 | €5,687 | €8,274 | +€2,587 | +45.5% |
| Non-recurring operating charges | 66A | - | €699 | +€699 | |
| Gross operating margin | 9900 | €1,413,924 | €1,422,395 | +€8,471 | +0.6% |
| Operating profit (loss) | 9901 | €344,401 | €265,640 | -€78,761 | -22.9% |
| Financial income | 75/76B | €4,363 | €5,546 | +€1,183 | +27.1% |
| Recurring financial income | 75 | €4,363 | €5,546 | +€1,183 | +27.1% |
| Financial charges | 65/66B | €155,344 | €123,315 | -€32,029 | -20.6% |
| Recurring financial charges | 65 | €155,344 | €123,315 | -€32,029 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €193,420 | €147,871 | -€45,548 | -23.5% |
| Income taxes | 67/77 | €25,793 | €44,041 | +€18,248 | +70.7% |
| Profit (loss) for the period | 9904 | €167,626 | €103,830 | -€63,797 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €167,626 | €103,830 | -€63,797 | -38.1% |
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 5 October 2026 via checked.be.