PACEXPORT: 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.
PACEXPORT
Largest movements
- Receivables within one year +€402,828
up €402,828 (+24544.3%), from €1,641 to €404,469
- Other debts +€444,684
up €444,684 (+62.8%), from €707,546 to €1.2m
- Profit (loss) carried forward -€45,504
down €45,504 (-43.4%), from €104,865 to €59,360
- Financial income -€8,056
down €8,056 (-55.2%), from €14,606 to €6,550
- Financial charges +€6,359
up €6,359 (+15.5%), from €41,119 to €47,479
- Gross operating margin +€5,818
up €5,818 (+63.5%), from -€9,161 to -€3,343
- Other operating charges -€1,442
down €1,442 (-53.9%), from €2,675 to €1,232
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €882,251 | €1,279,916 | +€397,664 | +45.1% |
| Fixed assets | 21/28 | €874,478 | €874,478 | = | 0.0% |
| Financial fixed assets | 28 | €874,478 | €874,478 | = | 0.0% |
| Current assets | 29/58 | €7,774 | €405,438 | +€397,664 | +5115.6% |
| Amounts receivable within one year | 40/41 | €1,641 | €404,469 | +€402,828 | +24544.3% |
| Other amounts receivable | 41 | €1,641 | €404,469 | +€402,828 | +24544.3% |
| Cash at bank and in hand | 54/58 | €6,132 | €969 | -€5,163 | -84.2% |
| Total equity and liabilities | 10/49 | €882,251 | €1,279,916 | +€397,664 | +45.1% |
| Equity | 10/15 | €173,065 | €127,560 | -€45,504 | -26.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,865 | €59,360 | -€45,504 | -43.4% |
| Amounts payable | 17/49 | €709,187 | €1,152,355 | +€443,168 | +62.5% |
| Amounts payable within one year | 42/48 | €707,546 | €1,152,229 | +€444,684 | +62.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €707,546 | €1,152,229 | +€444,684 | +62.8% |
| Accrued charges and deferred income | 492/3 | €1,641 | €126 | -€1,515 | -92.3% |
| Other operating charges | 640/8 | €2,675 | €1,232 | -€1,442 | -53.9% |
| Non-recurring operating charges | 66A | €2,835,873 | €0 | -€2.8m | -100.0% |
| Gross operating margin | 9900 | -€9,161 | -€3,343 | +€5,818 | +63.5% |
| Operating profit (loss) | 9901 | -€2,847,708 | -€4,576 | +€2.8m | +99.8% |
| Financial income | 75/76B | €14,606 | €6,550 | -€8,056 | -55.2% |
| Recurring financial income | 75 | €14,606 | €6,550 | -€8,056 | -55.2% |
| Financial charges | 65/66B | €41,119 | €47,479 | +€6,359 | +15.5% |
| Recurring financial charges | 65 | €41,119 | €47,479 | +€6,359 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,874,221 | -€45,504 | +€2.8m | +98.4% |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100.0% |
| Profit (loss) for the period | 9904 | -€2,874,222 | -€45,504 | +€2.8m | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,874,222 | -€45,504 | +€2.8m | +98.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.