PACHIRAS: 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.
PACHIRAS
Largest movements
- Cash +€856,405
up €856,405 (+483.1%), from €177,268 to €1.0m
mainly Other debts (+€1.5m) and Depreciation (+€63,337)
- Tangible fixed assets +€546,570
up €546,570 (+31.7%), from €1.7m to €2.3m
- Other debts +€1.5m
up €1.5m (+64.6%), from €2.3m to €3.8m
- Profit (loss) carried forward -€106,417
down €106,417 (-20.6%), from -€517,710 to -€624,127
- Gross operating margin -€19,893
down €19,893 (-140.9%), from -€14,122 to -€34,015
- Depreciation +€7,970
up €7,970 (+14.4%), from €55,368 to €63,337
- Other operating charges +€2,209
up €2,209 (+33.0%), from €6,692 to €8,901
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 | €1,898,819 | €3,304,394 | +€1.4m | +74.0% |
| Fixed assets | 21/28 | €1,721,551 | €2,268,121 | +€546,570 | +31.7% |
| Tangible fixed assets | 22/27 | €1,721,551 | €2,268,121 | +€546,570 | +31.7% |
| Land and buildings | 22 | €1,721,551 | €2,268,121 | +€546,570 | +31.7% |
| Current assets | 29/58 | €177,268 | €1,036,273 | +€859,005 | +484.6% |
| Amounts receivable within one year | 40/41 | - | €2,600 | +€2,600 | |
| Trade receivables | 40 | - | €2,600 | +€2,600 | |
| Cash at bank and in hand | 54/58 | €177,268 | €1,033,673 | +€856,405 | +483.1% |
| Total equity and liabilities | 10/49 | €1,898,819 | €3,304,394 | +€1.4m | +74.0% |
| Equity | 10/15 | -€417,710 | -€524,127 | -€106,417 | -25.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€517,710 | -€624,127 | -€106,417 | -20.6% |
| Amounts payable | 17/49 | €2,316,529 | €3,828,521 | +€1.5m | +65.3% |
| Amounts payable within one year | 42/48 | €2,316,529 | €3,827,522 | +€1.5m | +65.2% |
| Trade debts | 44 | €163 | €15,275 | +€15,112 | +9264.7% |
| Suppliers | 440/4 | €163 | €15,275 | +€15,112 | +9264.7% |
| Other amounts payable | 47/48 | €2,316,366 | €3,812,248 | +€1.5m | +64.6% |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,368 | €63,337 | +€7,970 | +14.4% |
| Other operating charges | 640/8 | €6,692 | €8,901 | +€2,209 | +33.0% |
| Gross operating margin | 9900 | -€14,122 | -€34,015 | -€19,893 | -140.9% |
| Operating profit (loss) | 9901 | -€76,182 | -€106,254 | -€30,072 | -39.5% |
| Financial charges | 65/66B | €163 | €163 | = | 0.0% |
| Recurring financial charges | 65 | €163 | €163 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€76,345 | -€106,417 | -€30,072 | -39.4% |
| Profit (loss) for the period | 9904 | -€76,345 | -€106,417 | -€30,072 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,345 | -€106,417 | -€30,072 | -39.4% |
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 7 October 2026 via checked.be.