PACHECO & CO: 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.
PACHECO & CO
Largest movements
- Receivables within one year +€35,845
up €35,845 (+165.0%), from €21,728 to €57,573
of which Trade receivables: +€40,721
- Cash +€32,725
up €32,725 (+110.4%), from €29,639 to €62,364
mainly Net result for the year (+€56,953) and Other debts (+€30,000)
- Other debts +€30,000
new in 2025: €30,000
- Profit (loss) carried forward +€21,659
up €21,659 (+55.2%), from €39,222 to €60,881
- Tax, wage and social debts +€13,363
up €13,363 (+155.3%), from €8,605 to €21,968
- Trade debts +€2,182
new in 2025: €2,182
- Gross operating margin +€60,255
up €60,255 (+432.1%), from €13,946 to €74,201
- Taxes +€14,095
up €14,095 (+546.5%), from €2,579 to €16,674
- Depreciation -€1,027
down €1,027 (-63.8%), from €1,610 to €583
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 | €52,827 | €120,031 | +€67,204 | +127.2% |
| Fixed assets | 21/28 | €678 | €95 | -€583 | -86.0% |
| Tangible fixed assets | 22/27 | €678 | €95 | -€583 | -86.0% |
| Plant, machinery and equipment | 23 | €116 | - | -€116 | |
| Furniture and vehicles | 24 | €562 | €95 | -€467 | -83.1% |
| Current assets | 29/58 | €52,149 | €119,936 | +€67,787 | +130.0% |
| Amounts receivable within one year | 40/41 | €21,728 | €57,573 | +€35,845 | +165.0% |
| Trade receivables | 40 | €12,289 | €53,010 | +€40,721 | +331.4% |
| Other amounts receivable | 41 | €9,439 | €4,562 | -€4,877 | -51.7% |
| Cash at bank and in hand | 54/58 | €29,639 | €62,364 | +€32,725 | +110.4% |
| Deferred charges and accrued income | 490/1 | €782 | - | -€782 | |
| Total equity and liabilities | 10/49 | €52,827 | €120,031 | +€67,204 | +127.2% |
| Equity | 10/15 | €44,222 | €65,881 | +€21,659 | +49.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,222 | €60,881 | +€21,659 | +55.2% |
| Amounts payable | 17/49 | €8,605 | €54,151 | +€45,546 | +529.3% |
| Amounts payable within one year | 42/48 | €8,605 | €54,151 | +€45,546 | +529.3% |
| Trade debts | 44 | - | €2,182 | +€2,182 | |
| Suppliers | 440/4 | - | €2,182 | +€2,182 | |
| Taxes, remuneration and social security | 45 | €8,605 | €21,968 | +€13,363 | +155.3% |
| Taxes | 450/3 | €8,605 | €21,968 | +€13,363 | +155.3% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,610 | €583 | -€1,027 | -63.8% |
| Other operating charges | 640/8 | €635 | - | -€635 | |
| Gross operating margin | 9900 | €13,946 | €74,201 | +€60,255 | +432.1% |
| Operating profit (loss) | 9901 | €11,701 | €73,618 | +€61,917 | +529.2% |
| Financial income | 75/76B | €3 | €9 | +€6 | +195.7% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +195.7% |
| Financial charges | 65/66B | €11 | €0 | -€11 | -99.9% |
| Recurring financial charges | 65 | €11 | €0 | -€11 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €11,693 | €73,627 | +€61,934 | +529.7% |
| Income taxes | 67/77 | €2,579 | €16,674 | +€14,095 | +546.5% |
| Profit (loss) for the period | 9904 | €9,114 | €56,953 | +€47,839 | +524.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,114 | €56,953 | +€47,839 | +524.9% |
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 12 October 2026 via checked.be.