Pacific Globe: 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.
Pacific Globe
Largest movements
- Receivables after one year -€254,500
down €254,500 (-29.8%), from €855,000 to €600,500
- Tangible fixed assets +€205,526
up €205,526 (+29.9%), from €688,161 to €893,687
of which Land and buildings: +€205,585
- Receivables within one year -€120,753
down €120,753 (-72.0%), from €167,798 to €47,045
of which Trade receivables: -€79,665
- Current investments +€52,749
up €52,749 (+8.8%), from €599,140 to €651,889
- Financial fixed assets +€50,000
up €50,000 (+1,068%), from €4,680 to €54,680
- Other debts -€163,138
down €163,138 (-31.5%), from €517,684 to €354,545
- Debts after one year +€150,134
up €150,134 (+11.4%), from €1.3m to €1.5m
- Reserves -€56,500
down €56,500 (-13.1%), from €431,500 to €375,000
- Financial income +€88,432
up €88,432 (+400%), from €22,111 to €110,542
- Gross operating margin -€39,176
down €39,176 (-21.9%), from €178,886 to €139,710
- Taxes +€37,514
up €37,514 (+354%), from €10,586 to €48,100
- Depreciation -€23,893
down €23,893 (-48.9%), from €48,824 to €24,931
- Financial charges +€22,855
up €22,855 (+105%), from €21,754 to €44,609
of which Financial charges: +€24,436
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 | €2,646,728 | €2,571,327 | -€75,401 | -2.8% |
| Fixed assets | 21/28 | €692,841 | €948,367 | +€255,526 | +36.9% |
| Tangible fixed assets | 22/27 | €688,161 | €893,687 | +€205,526 | +29.9% |
| Land and buildings | 22 | €683,644 | €889,228 | +€205,585 | +30.1% |
| Plant, machinery and equipment | 23 | - | €4,458 | +€4,458 | |
| Furniture and vehicles | 24 | €4,517 | - | -€4,517 | |
| Financial fixed assets | 28 | €4,680 | €54,680 | +€50,000 | +1,068% |
| Current assets | 29/58 | €1,953,887 | €1,622,960 | -€330,927 | -16.9% |
| Amounts receivable after more than one year | 29 | €855,000 | €600,500 | -€254,500 | -29.8% |
| Other amounts receivable | 291 | €855,000 | €600,500 | -€254,500 | -29.8% |
| Amounts receivable within one year | 40/41 | €167,798 | €47,045 | -€120,753 | -72.0% |
| Trade receivables | 40 | €102,690 | €23,025 | -€79,665 | -77.6% |
| Other amounts receivable | 41 | €65,108 | €24,020 | -€41,088 | -63.1% |
| Current investments | 50/53 | €599,140 | €651,889 | +€52,749 | +8.8% |
| Cash at bank and in hand | 54/58 | €331,765 | €323,496 | -€8,270 | -2.5% |
| Deferred charges and accrued income | 490/1 | €184 | €30 | -€154 | -83.7% |
| Total equity and liabilities | 10/49 | €2,646,728 | €2,571,327 | -€75,401 | -2.8% |
| Equity | 10/15 | €729,547 | €689,155 | -€40,392 | -5.5% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €431,500 | €375,000 | -€56,500 | -13.1% |
| Distributable reserves | 133 | €431,500 | €375,000 | -€56,500 | -13.1% |
| Profit (loss) carried forward | 14 | €265,047 | €281,155 | +€16,108 | +6.1% |
| Amounts payable | 17/49 | €1,917,181 | €1,882,172 | -€35,009 | -1.8% |
| Amounts payable after more than one year | 17 | €1,311,294 | €1,461,428 | +€150,134 | +11.4% |
| Financial debts | 170/4 | €1,311,294 | €1,461,428 | +€150,134 | +11.4% |
| Amounts payable within one year | 42/48 | €604,108 | €418,830 | -€185,278 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €28,743 | €29,843 | +€1,100 | +3.8% |
| Trade debts | 44 | €16,934 | €10,600 | -€6,334 | -37.4% |
| Suppliers | 440/4 | €16,934 | €10,600 | -€6,334 | -37.4% |
| Taxes, remuneration and social security | 45 | €40,747 | €23,842 | -€16,905 | -41.5% |
| Taxes | 450/3 | €40,747 | €23,842 | -€16,905 | -41.5% |
| Other amounts payable | 47/48 | €517,684 | €354,545 | -€163,138 | -31.5% |
| Accrued charges and deferred income | 492/3 | €1,779 | €1,914 | +€135 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,824 | €24,931 | -€23,893 | -48.9% |
| Other operating charges | 640/8 | €7,465 | €6,505 | -€960 | -12.9% |
| Non-recurring operating charges | 66A | €4,419 | - | -€4,419 | |
| Gross operating margin | 9900 | €178,886 | €139,710 | -€39,176 | -21.9% |
| Operating profit (loss) | 9901 | €118,179 | €108,275 | -€9,904 | -8.4% |
| Financial income | 75/76B | €22,111 | €110,542 | +€88,432 | +400% |
| Recurring financial income | 75 | €22,111 | €110,542 | +€88,432 | +400% |
| Financial charges | 65/66B | €21,754 | €44,609 | +€22,855 | +105% |
| Recurring financial charges | 65 | €20,173 | €44,609 | +€24,436 | +121% |
| Non-recurring financial charges | 66B | €1,581 | - | -€1,581 | |
| Profit (loss) for the period before taxes | 9903 | €118,536 | €174,208 | +€55,672 | +47.0% |
| Income taxes | 67/77 | €10,586 | €48,100 | +€37,514 | +354% |
| Profit (loss) for the period | 9904 | €107,950 | €126,108 | +€18,159 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €107,950 | €126,108 | +€18,159 | +16.8% |
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 16 October 2026 via checked.be.