PACIFIC GROUP: 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 GROUP
Largest movements
- Receivables within one year -€19,078
down €19,078 (-27.6%), from €69,043 to €49,966
of which Trade receivables: -€25,980
- Cash +€12,158
up €12,158 (+378%), from €3,215 to €15,373
mainly Net result for the year (+€32,450) and Receivables within one year (+€19,078)
- Debts after one year -€39,754
down €39,754 (-21.8%), from €182,237 to €142,484
- Profit (loss) carried forward +€32,450
up €32,450 (+26.6%), from €122,181 to €154,630
- Current portion of long-term debt -€10,519
down €10,519 (-20.9%), from €50,273 to €39,754
- Financial charges -€17,607
down €17,607 (-56.6%), from €31,099 to €13,492
of which Non-recurring financial charges: -€14,672
- Gross operating margin -€14,934
down €14,934 (-19.4%), from €76,862 to €61,928
- Staff costs +€3,038
new in 2025: €3,038
- Taxes -€2,536
down €2,536 (-22.4%), from €11,345 to €8,809
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 | €532,261 | €516,501 | -€15,760 | -3.0% |
| Fixed assets | 21/28 | €436,798 | €432,964 | -€3,834 | -0.9% |
| Tangible fixed assets | 22/27 | €7,044 | €3,210 | -€3,834 | -54.4% |
| Plant, machinery and equipment | 23 | €4,357 | €2,123 | -€2,233 | -51.3% |
| Other tangible fixed assets | 26 | €2,687 | €1,087 | -€1,600 | -59.6% |
| Financial fixed assets | 28 | €429,754 | €429,754 | = | 0.0% |
| Current assets | 29/58 | €95,463 | €83,537 | -€11,927 | -12.5% |
| Stocks and contracts in progress | 3 | €3,526 | €3,526 | = | 0.0% |
| Stocks | 30/36 | €3,526 | €3,526 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €69,043 | €49,966 | -€19,078 | -27.6% |
| Trade receivables | 40 | €59,520 | €33,540 | -€25,980 | -43.6% |
| Other amounts receivable | 41 | €9,523 | €16,426 | +€6,902 | +72.5% |
| Cash at bank and in hand | 54/58 | €3,215 | €15,373 | +€12,158 | +378% |
| Deferred charges and accrued income | 490/1 | €19,679 | €14,672 | -€5,007 | -25.4% |
| Total equity and liabilities | 10/49 | €532,261 | €516,501 | -€15,760 | -3.0% |
| Equity | 10/15 | €132,406 | €164,856 | +€32,450 | +24.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,026 | €4,026 | = | 0.0% |
| Distributable reserves | 133 | €4,026 | €4,026 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,181 | €154,630 | +€32,450 | +26.6% |
| Amounts payable | 17/49 | €399,855 | €351,644 | -€48,210 | -12.1% |
| Amounts payable after more than one year | 17 | €182,237 | €142,484 | -€39,754 | -21.8% |
| Financial debts | 170/4 | €182,237 | €142,484 | -€39,754 | -21.8% |
| Amounts payable within one year | 42/48 | €217,617 | €209,161 | -€8,456 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €50,273 | €39,754 | -€10,519 | -20.9% |
| Trade debts | 44 | €46,656 | €48,059 | +€1,403 | +3.0% |
| Suppliers | 440/4 | €46,656 | €48,059 | +€1,403 | +3.0% |
| Taxes, remuneration and social security | 45 | €25,707 | €28,527 | +€2,820 | +11.0% |
| Taxes | 450/3 | €25,326 | €27,910 | +€2,584 | +10.2% |
| Remuneration and social security | 454/9 | €381 | €617 | +€236 | +62.0% |
| Other amounts payable | 47/48 | €94,982 | €92,821 | -€2,161 | -2.3% |
| Remuneration, social security and pensions | 62 | - | €3,038 | +€3,038 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,834 | €3,834 | = | 0.0% |
| Other operating charges | 640/8 | €298 | €306 | +€8 | +2.5% |
| Gross operating margin | 9900 | €76,862 | €61,928 | -€14,934 | -19.4% |
| Operating profit (loss) | 9901 | €72,730 | €54,751 | -€17,980 | -24.7% |
| Financial charges | 65/66B | €31,099 | €13,492 | -€17,607 | -56.6% |
| Recurring financial charges | 65 | €11,537 | €8,601 | -€2,935 | -25.4% |
| Non-recurring financial charges | 66B | €19,562 | €4,891 | -€14,672 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €41,631 | €41,259 | -€373 | -0.9% |
| Income taxes | 67/77 | €11,345 | €8,809 | -€2,536 | -22.4% |
| Profit (loss) for the period | 9904 | €30,287 | €32,450 | +€2,163 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,287 | €32,450 | +€2,163 | +7.1% |
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 27 October 2026 via checked.be.