PACIFICATION INVEST: 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.
PACIFICATION INVEST
Largest movements
- Financial fixed assets +€5.2m
up €5.2m, from €0 to €5.2m
- Stocks and contracts -€4.0m
down €4.0m (-29.3%), from €13.7m to €9.7m
- Cash +€590,748
up €590,748 (+1,658%), from €35,635 to €626,383
mainly Stocks and contracts (+€4.0m) and Debts after one year (+€1.5m)
- Debts after one year +€1.5m
up €1.5m (+12.7%), from €12.2m to €13.7m
- Reserves +€516,158
up €516,158 (+135%), from €381,376 to €897,535
of which Distributable reserves: +€516,158
- Advances received -€367,950
down €367,950 (-60.5%), from €608,276 to €240,326
- Turnover +€5.3m
up €5.3m (+59,259%), from €9,010 to €5.3m
- Goods and materials +€4.3m
up €4.3m, from €0 to €4.3m
of which Change in stocks: decrease (increase): +€4.3m
- Financial charges +€297,784
up €297,784 (+524%), from €56,795 to €354,579
- Taxes +€127,273
up €127,273, from €0 to €127,273
of which Taxes: +€127,273
- Other operating charges -€72,639
down €72,639 (-35.6%), from €204,302 to €131,663
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 | €13,757,206 | €15,596,675 | +€1.8m | +13.4% |
| Fixed assets | 21/28 | €0 | €5,209,012 | +€5.2m | |
| Financial fixed assets | 28 | €0 | €5,209,012 | +€5.2m | |
| Affiliated companies | 280/1 | €0 | €5,209,012 | +€5.2m | |
| Amounts receivable | 281 | €0 | €5,209,012 | +€5.2m | |
| Current assets | 29/58 | €13,757,206 | €10,387,663 | -€3.4m | -24.5% |
| Stocks and contracts in progress | 3 | €13,670,856 | €9,658,711 | -€4.0m | -29.3% |
| Stocks | 30/36 | €13,670,856 | €9,658,711 | -€4.0m | -29.3% |
| Property held for sale | 35 | €13,670,856 | €9,658,711 | -€4.0m | -29.3% |
| Amounts receivable within one year | 40/41 | - | €723 | +€723 | |
| Trade receivables | 40 | - | €723 | +€723 | |
| Cash at bank and in hand | 54/58 | €35,635 | €626,383 | +€590,748 | +1,658% |
| Deferred charges and accrued income | 490/1 | €50,716 | €101,846 | +€51,130 | +101% |
| Total equity and liabilities | 10/49 | €13,757,206 | €15,596,675 | +€1.8m | +13.4% |
| Equity | 10/15 | €881,376 | €1,397,535 | +€516,158 | +58.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €381,376 | €897,535 | +€516,158 | +135% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €331,376 | €847,535 | +€516,158 | +156% |
| Amounts payable | 17/49 | €12,875,830 | €14,199,140 | +€1.3m | +10.3% |
| Amounts payable after more than one year | 17 | €12,179,988 | €13,726,882 | +€1.5m | +12.7% |
| Financial debts | 170/4 | €12,179,988 | €13,726,882 | +€1.5m | +12.7% |
| Credit institutions | 173 | €11,500,000 | €13,726,882 | +€2.2m | +19.4% |
| Other loans | 174 | €679,988 | €0 | -€679,988 | -100% |
| Amounts payable within one year | 42/48 | €615,734 | €372,370 | -€243,363 | -39.5% |
| Trade debts | 44 | €7,458 | €4,772 | -€2,686 | -36.0% |
| Suppliers | 440/4 | €7,458 | €4,772 | -€2,686 | -36.0% |
| Advances received on contracts in progress | 46 | €608,276 | €240,326 | -€367,950 | -60.5% |
| Taxes, remuneration and social security | 45 | - | €127,273 | +€127,273 | |
| Taxes | 450/3 | - | €127,273 | +€127,273 | |
| Accrued charges and deferred income | 492/3 | €80,109 | €99,888 | +€19,779 | +24.7% |
| Operating income | 70/76A | €136,606 | €5,387,822 | +€5.3m | +3,844% |
| Turnover | 70 | €9,010 | €5,348,051 | +€5.3m | +59,259% |
| Other operating income | 74 | €101,564 | €39,771 | -€61,793 | -60.8% |
| Non-recurring operating income | 76A | €26,032 | €0 | -€26,032 | -100% |
| Operating charges | 60/66A | €256,012 | €4,441,527 | +€4.2m | +1,635% |
| Goods for resale, raw materials and consumables | 60 | €0 | €4,289,018 | +€4.3m | |
| Purchases | 600/8 | €0 | - | = | |
| Change in stocks: decrease (increase) | 609 | €0 | €4,289,018 | +€4.3m | |
| Services and other goods | 61 | €51,710 | €20,846 | -€30,863 | -59.7% |
| Other operating charges | 640/8 | €204,302 | €131,663 | -€72,639 | -35.6% |
| Operating profit (loss) | 9901 | -€119,406 | €946,295 | +€1.1m | |
| Financial income | 75/76B | €35,702 | €51,715 | +€16,014 | +44.9% |
| Recurring financial income | 75 | €35,702 | €51,715 | +€16,014 | +44.9% |
| Income from financial fixed assets | 750 | €35,702 | €51,715 | +€16,014 | +44.9% |
| Financial charges | 65/66B | €56,795 | €354,579 | +€297,784 | +524% |
| Recurring financial charges | 65 | €56,795 | €354,579 | +€297,784 | +524% |
| Debt charges | 650 | €30,958 | €212,588 | +€181,630 | +587% |
| Other financial charges | 652/9 | €25,837 | €141,991 | +€116,154 | +450% |
| Profit (loss) for the period before taxes | 9903 | -€140,499 | €643,431 | +€783,930 | |
| Income taxes | 67/77 | €0 | €127,273 | +€127,273 | |
| Taxes | 670/3 | - | €127,273 | +€127,273 | |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€140,499 | €516,158 | +€656,657 | |
| Profit (loss) for the period to be appropriated | 9905 | -€140,499 | €516,158 | +€656,657 |
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 24 October 2026 via checked.be.