PACIFIC: 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.
PACIFIC
Largest movements
- Tangible fixed assets -€7,933
down €7,933 (-8.6%), from €91,971 to €84,038
of which Other tangible fixed assets: -€12,460
- Deferred charges and accrued income +€4,517
up €4,517 (+296.3%), from €1,525 to €6,042
- Cash +€2,436
up €2,436 (+7.0%), from €34,779 to €37,215
mainly Depreciation (+€20,736) and Net result for the year (+€7,000)
- Receivables within one year -€2,081
down €2,081 (-10.9%), from €19,076 to €16,995
of which Trade receivables: -€2,099
- Profit (loss) carried forward +€8,000
up €8,000 (+20.4%), from €39,259 to €47,260
- Trade debts -€4,531
down €4,531 (-15.5%), from €29,232 to €24,701
- Tax, wage and social debts -€4,507
down €4,507 (-19.7%), from €22,934 to €18,428
of which Remuneration and social security: -€5,263
- Reserves -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Staff costs -€27,440
down €27,440 (-9.7%), from €283,418 to €255,978
- Gross operating margin -€6,032
down €6,032 (-2.0%), from €296,428 to €290,396
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 | €167,828 | €163,951 | -€3,877 | -2.3% |
| Fixed assets | 21/28 | €102,701 | €94,768 | -€7,933 | -7.7% |
| Tangible fixed assets | 22/27 | €91,971 | €84,038 | -€7,933 | -8.6% |
| Plant, machinery and equipment | 23 | €10,528 | €14,603 | +€4,074 | +38.7% |
| Furniture and vehicles | 24 | €8,710 | €9,163 | +€453 | +5.2% |
| Other tangible fixed assets | 26 | €72,732 | €60,272 | -€12,460 | -17.1% |
| Financial fixed assets | 28 | €10,730 | €10,730 | = | 0.0% |
| Current assets | 29/58 | €65,127 | €69,184 | +€4,057 | +6.2% |
| Stocks and contracts in progress | 3 | €9,747 | €8,932 | -€815 | -8.4% |
| Stocks | 30/36 | €9,747 | €8,932 | -€815 | -8.4% |
| Amounts receivable within one year | 40/41 | €19,076 | €16,995 | -€2,081 | -10.9% |
| Trade receivables | 40 | €16,489 | €14,390 | -€2,099 | -12.7% |
| Other amounts receivable | 41 | €2,586 | €2,605 | +€19 | +0.7% |
| Cash at bank and in hand | 54/58 | €34,779 | €37,215 | +€2,436 | +7.0% |
| Deferred charges and accrued income | 490/1 | €1,525 | €6,042 | +€4,517 | +296.3% |
| Total equity and liabilities | 10/49 | €167,828 | €163,951 | -€3,877 | -2.3% |
| Equity | 10/15 | €61,259 | €67,260 | +€6,000 | +9.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €0 | -€2,000 | -100.0% |
| Distributable reserves | 133 | €2,000 | €0 | -€2,000 | -100.0% |
| Profit (loss) carried forward | 14 | €39,259 | €47,260 | +€8,000 | +20.4% |
| Amounts payable | 17/49 | €106,568 | €96,692 | -€9,877 | -9.3% |
| Amounts payable after more than one year | 17 | €26,500 | €26,500 | = | 0.0% |
| Financial debts | 170/4 | €26,500 | €26,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €78,002 | €67,875 | -€10,128 | -13.0% |
| Financial debts | 43 | - | €217 | +€217 | |
| Credit institutions | 430/8 | - | €217 | +€217 | |
| Trade debts | 44 | €29,232 | €24,701 | -€4,531 | -15.5% |
| Suppliers | 440/4 | €29,232 | €24,701 | -€4,531 | -15.5% |
| Taxes, remuneration and social security | 45 | €22,934 | €18,428 | -€4,507 | -19.7% |
| Taxes | 450/3 | €437 | €1,194 | +€756 | +173.0% |
| Remuneration and social security | 454/9 | €22,497 | €17,234 | -€5,263 | -23.4% |
| Other amounts payable | 47/48 | €25,836 | €24,529 | -€1,307 | -5.1% |
| Accrued charges and deferred income | 492/3 | €2,066 | €2,317 | +€251 | +12.2% |
| Remuneration, social security and pensions | 62 | €283,418 | €255,978 | -€27,440 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,875 | €20,736 | +€2,861 | +16.0% |
| Other operating charges | 640/8 | €1,786 | €2,102 | +€316 | +17.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €296,428 | €290,396 | -€6,032 | -2.0% |
| Operating profit (loss) | 9901 | -€6,650 | €11,581 | +€18,230 | |
| Financial income | 75/76B | €490 | €0 | -€490 | -100.0% |
| Recurring financial income | 75 | €490 | €0 | -€490 | -100.0% |
| Financial charges | 65/66B | €2,671 | €4,457 | +€1,787 | +66.9% |
| Recurring financial charges | 65 | €2,671 | €4,457 | +€1,787 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,830 | €7,123 | +€15,954 | |
| Income taxes | 67/77 | - | €123 | +€123 | |
| Profit (loss) for the period | 9904 | -€8,830 | €7,000 | +€15,830 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,830 | €7,000 | +€15,830 |
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 6 October 2026 via checked.be.