PACHTERSHOF: 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.
PACHTERSHOF
Largest movements
- Tangible fixed assets -€8,775
down €8,775 (-4.3%), from €203,156 to €194,381
- Trade debts -€3,343
no longer reported in 2025 (was €3,343)
- Profit (loss) carried forward -€2,697
down €2,697 (-798%), from -€338 to -€3,034
- Gross operating margin -€2,611
down €2,611 (-29.1%), from €8,970 to €6,360
- Financial income +€144
up €144 (+13.5%), from €1,068 to €1,212
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.
Derived cash bridge
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 | €245,070 | €238,083 | -€6,987 | -2.9% |
| Fixed assets | 21/28 | €203,156 | €194,381 | -€8,775 | -4.3% |
| Tangible fixed assets | 22/27 | €203,156 | €194,381 | -€8,775 | -4.3% |
| Land and buildings | 22 | €203,156 | €194,381 | -€8,775 | -4.3% |
| Current assets | 29/58 | €41,914 | €43,702 | +€1,788 | +4.3% |
| Amounts receivable within one year | 40/41 | €36 | €93 | +€58 | +163% |
| Other amounts receivable | 41 | €36 | €93 | +€58 | +163% |
| Cash at bank and in hand | 54/58 | €41,878 | €43,608 | +€1,730 | +4.1% |
| Total equity and liabilities | 10/49 | €245,070 | €238,083 | -€6,987 | -2.9% |
| Equity | 10/15 | €192,681 | €189,984 | -€2,697 | -1.4% |
| 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% |
| Reserves | 13 | €93,019 | €93,019 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €83,019 | €83,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€338 | -€3,034 | -€2,697 | -798% |
| Amounts payable | 17/49 | €52,389 | €48,099 | -€4,291 | -8.2% |
| Amounts payable within one year | 42/48 | €52,389 | €48,099 | -€4,291 | -8.2% |
| Trade debts | 44 | €3,343 | - | -€3,343 | |
| Suppliers | 440/4 | €3,343 | - | -€3,343 | |
| Other amounts payable | 47/48 | €49,046 | €48,099 | -€948 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,775 | €8,775 | = | 0.0% |
| Other operating charges | 640/8 | €1,290 | €1,328 | +€38 | +3.0% |
| Gross operating margin | 9900 | €8,970 | €6,360 | -€2,611 | -29.1% |
| Operating profit (loss) | 9901 | -€1,094 | -€3,743 | -€2,649 | -242% |
| Financial income | 75/76B | €1,068 | €1,212 | +€144 | +13.5% |
| Recurring financial income | 75 | €1,068 | €1,212 | +€144 | +13.5% |
| Financial charges | 65/66B | €112 | €165 | +€53 | +46.8% |
| Recurring financial charges | 65 | €112 | €165 | +€53 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | -€139 | -€2,697 | -€2,558 | -1,843% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€139 | -€2,697 | -€2,558 | -1,843% |
| Profit (loss) for the period to be appropriated | 9905 | -€139 | -€2,697 | -€2,558 | -1,843% |
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 13 October 2026 via checked.be.