PACHIMMO: 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.
PACHIMMO
Largest movements
- Receivables after one year +€24,669
up €24,669 (+114.7%), from €21,510 to €46,178
of which Trade receivables: +€24,669
- Tangible fixed assets -€14,702
down €14,702 (-24.6%), from €59,743 to €45,041
of which Plant, machinery and equipment: -€12,598
- Deferred charges and accrued income +€13,735
up €13,735 (+22.6%), from €60,833 to €74,568
- Profit (loss) carried forward +€39,758
up €39,758 (+64.6%), from €61,499 to €101,257
- Provisions -€8,812
down €8,812 (-69.0%), from €12,765 to €3,953
of which Deferred taxes: -€8,812
- Gross operating margin +€28,471
up €28,471 (+23.4%), from €121,886 to €150,357
- Staff costs +€28,125
up €28,125 (+59.8%), from €47,072 to €75,197
- Depreciation -€5,238
down €5,238 (-22.6%), from €23,176 to €17,938
- Other operating charges +€4,827
up €4,827 (+147.7%), from €3,269 to €8,096
- Taxes +€4,703
up €4,703 (+188.1%), from €2,500 to €7,203
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 | €393,593 | €422,021 | +€28,428 | +7.2% |
| Fixed assets | 21/28 | €193,859 | €179,157 | -€14,702 | -7.6% |
| Tangible fixed assets | 22/27 | €59,743 | €45,041 | -€14,702 | -24.6% |
| Land and buildings | 22 | €20,565 | €17,543 | -€3,022 | -14.7% |
| Plant, machinery and equipment | 23 | €35,378 | €22,780 | -€12,598 | -35.6% |
| Furniture and vehicles | 24 | €3,800 | €4,718 | +€918 | +24.1% |
| Financial fixed assets | 28 | €134,116 | €134,116 | = | 0.0% |
| Current assets | 29/58 | €199,734 | €242,864 | +€43,130 | +21.6% |
| Amounts receivable after more than one year | 29 | €21,510 | €46,178 | +€24,669 | +114.7% |
| Trade receivables | 290 | €5,317 | €29,986 | +€24,669 | +463.9% |
| Other amounts receivable | 291 | €16,193 | €16,193 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,317 | €9,335 | +€18 | +0.2% |
| Stocks | 30/36 | €9,317 | €9,335 | +€18 | +0.2% |
| Amounts receivable within one year | 40/41 | €58,785 | €59,588 | +€803 | +1.4% |
| Trade receivables | 40 | €12,909 | €13,712 | +€803 | +6.2% |
| Other amounts receivable | 41 | €45,876 | €45,876 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,290 | €53,194 | +€3,905 | +7.9% |
| Deferred charges and accrued income | 490/1 | €60,833 | €74,568 | +€13,735 | +22.6% |
| Total equity and liabilities | 10/49 | €393,593 | €422,021 | +€28,428 | +7.2% |
| Equity | 10/15 | €295,924 | €335,682 | +€39,758 | +13.4% |
| Contributions | 10/11 | €80,092 | €80,092 | = | 0.0% |
| Capital | 10 | €80,092 | €80,092 | = | 0.0% |
| Issued capital | 100 | €80,092 | €80,092 | = | 0.0% |
| Reserves | 13 | €154,333 | €154,333 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,090 | €10,090 | = | 0.0% |
| Legal reserve | 130 | €10,090 | €10,090 | = | 0.0% |
| Tax-exempt reserves | 132 | €138,648 | €138,648 | = | 0.0% |
| Distributable reserves | 133 | €5,594 | €5,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,499 | €101,257 | +€39,758 | +64.6% |
| Provisions and deferred taxes | 16 | €12,765 | €3,953 | -€8,812 | -69.0% |
| Provisions for liabilities and charges | 160/5 | €3,953 | €3,953 | = | 0.0% |
| Taxes | 161 | €3,953 | €3,953 | = | 0.0% |
| Deferred taxes | 168 | €8,812 | - | -€8,812 | |
| Amounts payable | 17/49 | €84,904 | €82,386 | -€2,518 | -3.0% |
| Amounts payable after more than one year | 17 | €58,652 | €58,652 | = | 0.0% |
| Financial debts | 170/4 | €58,652 | €58,652 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,252 | €23,734 | -€2,518 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €15,302 | €12,882 | -€2,421 | -15.8% |
| Taxes, remuneration and social security | 45 | €10,950 | €10,853 | -€97 | -0.9% |
| Taxes | 450/3 | €9,184 | €5,047 | -€4,137 | -45.0% |
| Remuneration and social security | 454/9 | €1,766 | €5,806 | +€4,040 | +228.7% |
| Remuneration, social security and pensions | 62 | €47,072 | €75,197 | +€28,125 | +59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,176 | €17,938 | -€5,238 | -22.6% |
| Other operating charges | 640/8 | €3,269 | €8,096 | +€4,827 | +147.7% |
| Gross operating margin | 9900 | €121,886 | €150,357 | +€28,471 | +23.4% |
| Operating profit (loss) | 9901 | €48,369 | €49,125 | +€756 | +1.6% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €512 | €2,163 | +€1,651 | +322.5% |
| Recurring financial charges | 65 | €512 | €2,163 | +€1,651 | +322.5% |
| Profit (loss) for the period before taxes | 9903 | €47,866 | €46,961 | -€905 | -1.9% |
| Transfer from deferred taxes | 780 | €3,953 | - | -€3,953 | |
| Income taxes | 67/77 | €2,500 | €7,203 | +€4,703 | +188.1% |
| Profit (loss) for the period | 9904 | €49,319 | €39,758 | -€9,561 | -19.4% |
| Transfer from tax-exempt reserves | 789 | €8,812 | - | -€8,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,131 | €39,758 | -€18,373 | -31.6% |
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 2 October 2026 via checked.be.