PACIME: 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.
PACIME
Largest movements
- Cash +€7,134
up €7,134 (+44.0%), from €16,206 to €23,339
mainly Net result for the year (+€43,728) and Depreciation (+€25,534)
- Tangible fixed assets +€4,527
up €4,527 (+2.9%), from €156,919 to €161,446
of which Plant, machinery and equipment: +€2,719
- Receivables within one year -€3,604
down €3,604 (-13.6%), from €26,469 to €22,865
of which Other amounts receivable: -€4,322
- Reserves +€43,728
up €43,728 (+20.5%), from €213,600 to €257,329
- Trade debts -€16,348
down €16,348 (-85.8%), from €19,053 to €2,704
- Current portion of long-term debt -€12,500
down €12,500 (-100.0%), from €12,500 to €0
- Other debts -€4,020
down €4,020 (-39.5%), from €10,171 to €6,151
- Tax, wage and social debts -€3,301
down €3,301 (-18.9%), from €17,491 to €14,190
- Depreciation +€6,350
up €6,350 (+33.1%), from €19,184 to €25,534
- Financial income +€1,757
up €1,757 (+17677.3%), from €10 to €1,767
- Gross operating margin -€1,588
down €1,588 (-1.7%), from €92,353 to €90,765
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 | €280,434 | €288,081 | +€7,647 | +2.7% |
| Fixed assets | 21/28 | €236,919 | €241,446 | +€4,527 | +1.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €156,919 | €161,446 | +€4,527 | +2.9% |
| Land and buildings | 22 | €149,786 | €151,593 | +€1,807 | +1.2% |
| Plant, machinery and equipment | 23 | €7,133 | €9,853 | +€2,719 | +38.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €43,515 | €46,635 | +€3,121 | +7.2% |
| Amounts receivable within one year | 40/41 | €26,469 | €22,865 | -€3,604 | -13.6% |
| Trade receivables | 40 | €22,146 | €22,865 | +€719 | +3.2% |
| Other amounts receivable | 41 | €4,322 | €0 | -€4,322 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,206 | €23,339 | +€7,134 | +44.0% |
| Deferred charges and accrued income | 490/1 | €840 | €431 | -€410 | -48.7% |
| Total equity and liabilities | 10/49 | €280,434 | €288,081 | +€7,647 | +2.7% |
| Equity | 10/15 | €221,100 | €264,829 | +€43,728 | +19.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €213,600 | €257,329 | +€43,728 | +20.5% |
| Distributable reserves | 133 | €213,600 | €257,329 | +€43,728 | +20.5% |
| Amounts payable | 17/49 | €59,333 | €23,252 | -€36,081 | -60.8% |
| Amounts payable within one year | 42/48 | €59,333 | €23,046 | -€36,288 | -61.2% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €0 | -€12,500 | -100.0% |
| Financial debts | 43 | €119 | €0 | -€119 | -100.0% |
| Credit institutions | 430/8 | €119 | €0 | -€119 | -100.0% |
| Trade debts | 44 | €19,053 | €2,704 | -€16,348 | -85.8% |
| Suppliers | 440/4 | €19,053 | €2,704 | -€16,348 | -85.8% |
| Taxes, remuneration and social security | 45 | €17,491 | €14,190 | -€3,301 | -18.9% |
| Taxes | 450/3 | €17,491 | €14,190 | -€3,301 | -18.9% |
| Other amounts payable | 47/48 | €10,171 | €6,151 | -€4,020 | -39.5% |
| Accrued charges and deferred income | 492/3 | - | €206 | +€206 | |
| Remuneration, social security and pensions | 62 | €2,186 | €1,467 | -€719 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,184 | €25,534 | +€6,350 | +33.1% |
| Other operating charges | 640/8 | €886 | €1,013 | +€127 | +14.4% |
| Gross operating margin | 9900 | €92,353 | €90,765 | -€1,588 | -1.7% |
| Operating profit (loss) | 9901 | €70,098 | €62,752 | -€7,346 | -10.5% |
| Financial income | 75/76B | €10 | €1,767 | +€1,757 | +17677.3% |
| Recurring financial income | 75 | €10 | €1,767 | +€1,757 | +17677.3% |
| Financial charges | 65/66B | €2,628 | €2,670 | +€42 | +1.6% |
| Recurring financial charges | 65 | €2,628 | €2,670 | +€42 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €67,480 | €61,848 | -€5,631 | -8.3% |
| Income taxes | 67/77 | €18,114 | €18,120 | +€6 | 0.0% |
| Profit (loss) for the period | 9904 | €49,365 | €43,728 | -€5,637 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,365 | €43,728 | -€5,637 | -11.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.