PACHIM: 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.
PACHIM
Largest movements
- Cash +€399,178
up €399,178 (+1302.3%), from €30,653 to €429,831
mainly Debts after one year (+€360,000) and Depreciation (+€20,354)
- Tangible fixed assets -€20,354
down €20,354 (-3.6%), from €560,163 to €539,809
of which Land and buildings: -€19,988
- Debts after one year +€360,000
up €360,000 (+117.4%), from €306,700 to €666,700
of which Financial debts: +€360,000
- Reserves +€13,046
up €13,046 (+32.6%), from €40,065 to €53,110
of which Distributable reserves: +€13,875
- Other debts -€10,486
down €10,486 (-14.2%), from €73,945 to €63,459
- Gross operating margin +€7,825
up €7,825 (+18.1%), from €43,288 to €51,113
- Depreciation -€7,646
down €7,646 (-27.3%), from €28,000 to €20,354
- Taxes +€5,164
up €5,164 (+2031.4%), from €254 to €5,419
- Other operating charges -€4,536
down €4,536 (-27.5%), from €16,480 to €11,944
- Financial charges +€606
up €606 (+110.3%), from €549 to €1,154
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 | €595,175 | €972,140 | +€376,965 | +63.3% |
| Fixed assets | 21/28 | €562,663 | €542,309 | -€20,354 | -3.6% |
| Tangible fixed assets | 22/27 | €560,163 | €539,809 | -€20,354 | -3.6% |
| Land and buildings | 22 | €559,797 | €539,809 | -€19,988 | -3.6% |
| Plant, machinery and equipment | 23 | €366 | - | -€366 | |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €32,512 | €429,831 | +€397,319 | +1222.1% |
| Amounts receivable within one year | 40/41 | €1,310 | - | -€1,310 | |
| Trade receivables | 40 | €1,310 | - | -€1,310 | |
| Cash at bank and in hand | 54/58 | €30,653 | €429,831 | +€399,178 | +1302.3% |
| Deferred charges and accrued income | 490/1 | €549 | - | -€549 | |
| Total equity and liabilities | 10/49 | €595,175 | €972,140 | +€376,965 | +63.3% |
| Equity | 10/15 | €201,196 | €214,241 | +€13,046 | +6.5% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €40,065 | €53,110 | +€13,046 | +32.6% |
| Non-distributable reserves | 130/1 | €919 | €1,649 | +€730 | +79.5% |
| Legal reserve | 130 | €919 | €1,649 | +€730 | +79.5% |
| Tax-exempt reserves | 132 | €21,795 | €20,236 | -€1,559 | -7.2% |
| Distributable reserves | 133 | €17,351 | €31,225 | +€13,875 | +80.0% |
| Provisions and deferred taxes | 16 | €11,239 | €10,436 | -€803 | -7.1% |
| Deferred taxes | 168 | €11,239 | €10,436 | -€803 | -7.1% |
| Amounts payable | 17/49 | €382,740 | €747,463 | +€364,722 | +95.3% |
| Amounts payable after more than one year | 17 | €306,700 | €666,700 | +€360,000 | +117.4% |
| Financial debts | 170/4 | €297,700 | €657,700 | +€360,000 | +120.9% |
| Other amounts payable | 178/9 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,040 | €80,763 | +€4,722 | +6.2% |
| Trade debts | 44 | €1,501 | €9,635 | +€8,135 | +542.0% |
| Suppliers | 440/4 | €1,501 | €9,635 | +€8,135 | +542.0% |
| Taxes, remuneration and social security | 45 | €595 | €7,669 | +€7,074 | +1189.6% |
| Taxes | 450/3 | €595 | €5,419 | +€4,824 | +811.2% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €73,945 | €63,459 | -€10,486 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,000 | €20,354 | -€7,646 | -27.3% |
| Other operating charges | 640/8 | €16,480 | €11,944 | -€4,536 | -27.5% |
| Gross operating margin | 9900 | €43,288 | €51,113 | +€7,825 | +18.1% |
| Operating profit (loss) | 9901 | -€1,193 | €18,815 | +€20,008 | |
| Financial charges | 65/66B | €549 | €1,154 | +€606 | +110.3% |
| Recurring financial charges | 65 | €549 | €1,154 | +€606 | +110.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,741 | €17,661 | +€19,402 | |
| Transfer from deferred taxes | 780 | €803 | €803 | = | 0.0% |
| Income taxes | 67/77 | €254 | €5,419 | +€5,164 | +2031.4% |
| Profit (loss) for the period | 9904 | -€1,192 | €13,046 | +€14,238 | |
| Transfer from tax-exempt reserves | 789 | €1,599 | €1,559 | -€40 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €407 | €14,605 | +€14,198 | +3490.7% |
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 2 October 2026 via checked.be.