Pacioli Consulting: 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.
Pacioli Consulting
Largest movements
- Current investments -€70,689
down €70,689 (-19.0%), from €371,691 to €301,002
- Cash -€50,908
down €50,908 (-45.6%), from €111,723 to €60,815
mainly Contributions, distributions and other (-€465,000) and Debts after one year (-€28,414)
- Tangible fixed assets -€34,607
down €34,607 (-5.4%), from €646,339 to €611,732
of which Land and buildings: -€24,665
- Profit (loss) carried forward -€458,320
down €458,320 (-89.9%), from €509,670 to €51,350
- Reserves +€300,000
up €300,000 (+120%), from €250,000 to €550,000
- Tax, wage and social debts +€29,696
up €29,696 (+388%), from €7,653 to €37,349
- Debts after one year -€28,414
down €28,414 (-9.1%), from €313,099 to €284,685
- Taxes +€31,984
up €31,984 (+34.2%), from €93,612 to €125,596
- Financial income +€17,258
up €17,258 (+96.4%), from €17,908 to €35,166
- Gross operating margin +€6,389
up €6,389 (+1.5%), from €433,605 to €439,993
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 | €1,130,213 | €974,894 | -€155,320 | -13.7% |
| Fixed assets | 21/28 | €646,339 | €611,732 | -€34,607 | -5.4% |
| Tangible fixed assets | 22/27 | €646,339 | €611,732 | -€34,607 | -5.4% |
| Land and buildings | 22 | €629,374 | €604,709 | -€24,665 | -3.9% |
| Furniture and vehicles | 24 | €16,965 | €7,023 | -€9,942 | -58.6% |
| Current assets | 29/58 | €483,875 | €363,162 | -€120,713 | -24.9% |
| Amounts receivable within one year | 40/41 | €461 | €1,345 | +€884 | +192% |
| Trade receivables | 40 | - | €950 | +€950 | |
| Other amounts receivable | 41 | €461 | €395 | -€66 | -14.3% |
| Current investments | 50/53 | €371,691 | €301,002 | -€70,689 | -19.0% |
| Cash at bank and in hand | 54/58 | €111,723 | €60,815 | -€50,908 | -45.6% |
| Total equity and liabilities | 10/49 | €1,130,213 | €974,894 | -€155,320 | -13.7% |
| Equity | 10/15 | €780,130 | €621,810 | -€158,320 | -20.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €250,000 | €550,000 | +€300,000 | +120% |
| Distributable reserves | 133 | €250,000 | €550,000 | +€300,000 | +120% |
| Profit (loss) carried forward | 14 | €509,670 | €51,350 | -€458,320 | -89.9% |
| Amounts payable | 17/49 | €350,083 | €353,083 | +€3,000 | +0.9% |
| Amounts payable after more than one year | 17 | €313,099 | €284,685 | -€28,414 | -9.1% |
| Financial debts | 170/4 | €313,099 | €284,685 | -€28,414 | -9.1% |
| Amounts payable within one year | 42/48 | €36,984 | €68,399 | +€31,414 | +84.9% |
| Current portion of amounts payable after more than one year | 42 | €28,056 | €28,414 | +€358 | +1.3% |
| Trade debts | 44 | €1,275 | €2,635 | +€1,360 | +107% |
| Suppliers | 440/4 | €1,275 | €2,635 | +€1,360 | +107% |
| Taxes, remuneration and social security | 45 | €7,653 | €37,349 | +€29,696 | +388% |
| Taxes | 450/3 | €7,653 | €37,349 | +€29,696 | +388% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,777 | €34,607 | -€170 | -0.5% |
| Other operating charges | 640/8 | €3,632 | €3,874 | +€242 | +6.7% |
| Gross operating margin | 9900 | €433,605 | €439,993 | +€6,389 | +1.5% |
| Operating profit (loss) | 9901 | €395,195 | €401,512 | +€6,317 | +1.6% |
| Financial income | 75/76B | €17,908 | €35,166 | +€17,258 | +96.4% |
| Recurring financial income | 75 | €17,908 | €35,166 | +€17,258 | +96.4% |
| Financial charges | 65/66B | €6,250 | €4,403 | -€1,848 | -29.6% |
| Recurring financial charges | 65 | €6,250 | €4,403 | -€1,848 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €406,853 | €432,276 | +€25,423 | +6.2% |
| Income taxes | 67/77 | €93,612 | €125,596 | +€31,984 | +34.2% |
| Profit (loss) for the period | 9904 | €313,241 | €306,680 | -€6,561 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €313,241 | €306,680 | -€6,561 | -2.1% |
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 19 October 2026 via checked.be.