Pacilio: 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.
Pacilio
Largest movements
- Cash -€38,552
down €38,552 (-89.7%), from €42,993 to €4,441
mainly Net result for the year (-€28,484) and Tax, wage and social debts (-€13,747)
- Receivables within one year -€8,152
down €8,152 (-38.2%), from €21,355 to €13,203
of which Other amounts receivable: -€5,735
- Deferred charges and accrued income +€1,262
up €1,262 (+31.7%), from €3,982 to €5,244
- Reserves -€28,484
down €28,484 (-79.0%), from €36,036 to €7,552
- Tax, wage and social debts -€13,747
down €13,747 (-58.7%), from €23,420 to €9,674
- Trade debts -€3,566
down €3,566 (-41.8%), from €8,533 to €4,967
- Gross operating margin -€53,879
down €53,879, from €38,301 to -€15,577
- Taxes -€8,804
down €8,804 (-95.4%), from €9,231 to €427
- Financial charges +€5,661
up €5,661 (+336.0%), from €1,685 to €7,346
- Depreciation +€1,469
up €1,469 (+52.5%), from €2,799 to €4,268
- Other operating charges +€605
up €605 (+52.9%), from €1,143 to €1,748
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 | €72,989 | €27,203 | -€45,787 | -62.7% |
| Fixed assets | 21/28 | €4,661 | €4,315 | -€346 | -7.4% |
| Tangible fixed assets | 22/27 | €4,661 | €4,315 | -€346 | -7.4% |
| Plant, machinery and equipment | 23 | - | €421 | +€421 | |
| Furniture and vehicles | 24 | €4,661 | €3,894 | -€767 | -16.5% |
| Current assets | 29/58 | €68,329 | €22,888 | -€45,441 | -66.5% |
| Amounts receivable within one year | 40/41 | €21,355 | €13,203 | -€8,152 | -38.2% |
| Trade receivables | 40 | €4,211 | €1,794 | -€2,417 | -57.4% |
| Other amounts receivable | 41 | €17,144 | €11,409 | -€5,735 | -33.4% |
| Cash at bank and in hand | 54/58 | €42,993 | €4,441 | -€38,552 | -89.7% |
| Deferred charges and accrued income | 490/1 | €3,982 | €5,244 | +€1,262 | +31.7% |
| Total equity and liabilities | 10/49 | €72,989 | €27,203 | -€45,787 | -62.7% |
| Equity | 10/15 | €41,036 | €12,552 | -€28,484 | -69.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,036 | €7,552 | -€28,484 | -79.0% |
| Distributable reserves | 133 | €36,036 | €7,552 | -€28,484 | -79.0% |
| Amounts payable | 17/49 | €31,953 | €14,651 | -€17,303 | -54.1% |
| Amounts payable within one year | 42/48 | €31,953 | €14,641 | -€17,313 | -54.2% |
| Trade debts | 44 | €8,533 | €4,967 | -€3,566 | -41.8% |
| Suppliers | 440/4 | €8,533 | €4,967 | -€3,566 | -41.8% |
| Taxes, remuneration and social security | 45 | €23,420 | €9,674 | -€13,747 | -58.7% |
| Taxes | 450/3 | €23,420 | €9,674 | -€13,747 | -58.7% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,799 | €4,268 | +€1,469 | +52.5% |
| Other operating charges | 640/8 | €1,143 | €1,748 | +€605 | +52.9% |
| Non-recurring operating charges | 66A | €947 | - | -€947 | |
| Gross operating margin | 9900 | €38,301 | -€15,577 | -€53,879 | |
| Operating profit (loss) | 9901 | €33,413 | -€21,593 | -€55,006 | |
| Financial income | 75/76B | €1,241 | €882 | -€359 | -28.9% |
| Recurring financial income | 75 | €1,241 | €882 | -€359 | -28.9% |
| Financial charges | 65/66B | €1,685 | €7,346 | +€5,661 | +336.0% |
| Recurring financial charges | 65 | €1,685 | €7,346 | +€5,661 | +336.0% |
| Profit (loss) for the period before taxes | 9903 | €32,969 | -€28,057 | -€61,026 | |
| Income taxes | 67/77 | €9,231 | €427 | -€8,804 | -95.4% |
| Profit (loss) for the period | 9904 | €23,738 | -€28,484 | -€52,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,738 | -€28,484 | -€52,222 |
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 7 October 2026 via checked.be.