PACITTI & CO: 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.
PACITTI & CO
Largest movements
- Cash -€5,695
down €5,695 (-40.8%), from €13,973 to €8,278
mainly Other debts (-€24,962) and Investment in fixed assets (net) (-€619)
- Stocks and contracts -€5,458
down €5,458 (-41.7%), from €13,096 to €7,638
- Receivables within one year -€5,296
down €5,296 (-46.4%), from €11,422 to €6,126
of which Trade receivables: -€5,870
- Tangible fixed assets -€3,853
down €3,853 (-40.3%), from €9,571 to €5,718
of which Plant, machinery and equipment: -€2,717
- Other debts -€24,962
down €24,962 (-99.5%), from €25,080 to €118
- Trade debts +€2,342
up €2,342 (+133%), from €1,762 to €4,104
- Profit (loss) carried forward +€1,340
up €1,340 (+9.8%), from €13,624 to €14,964
- Accrued charges and deferred income +€1,014
new in 2025: €1,014
- Turnover -€6,718
down €6,718 (-5.2%), from €129,852 to €123,134
- Gross operating margin -€2,830
down €2,830 (-25.0%), from €11,309 to €8,479
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 | €49,222 | €29,032 | -€20,191 | -41.0% |
| Fixed assets | 21/28 | €10,732 | €6,879 | -€3,853 | -35.9% |
| Tangible fixed assets | 22/27 | €9,571 | €5,718 | -€3,853 | -40.3% |
| Plant, machinery and equipment | 23 | €7,173 | €4,456 | -€2,717 | -37.9% |
| Furniture and vehicles | 24 | €1,231 | €374 | -€857 | -69.6% |
| Other tangible fixed assets | 26 | €1,166 | €888 | -€278 | -23.8% |
| Financial fixed assets | 28 | €1,161 | €1,161 | = | 0.0% |
| Current assets | 29/58 | €38,491 | €22,153 | -€16,338 | -42.4% |
| Stocks and contracts in progress | 3 | €13,096 | €7,638 | -€5,458 | -41.7% |
| Stocks | 30/36 | €13,096 | €7,638 | -€5,458 | -41.7% |
| Amounts receivable within one year | 40/41 | €11,422 | €6,126 | -€5,296 | -46.4% |
| Trade receivables | 40 | €11,416 | €5,546 | -€5,870 | -51.4% |
| Other amounts receivable | 41 | €6 | €580 | +€574 | +9,578% |
| Cash at bank and in hand | 54/58 | €13,973 | €8,278 | -€5,695 | -40.8% |
| Deferred charges and accrued income | 490/1 | - | €111 | +€111 | |
| Total equity and liabilities | 10/49 | €49,222 | €29,032 | -€20,191 | -41.0% |
| Equity | 10/15 | €21,684 | €23,024 | +€1,340 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,624 | €14,964 | +€1,340 | +9.8% |
| Amounts payable | 17/49 | €27,539 | €6,008 | -€21,531 | -78.2% |
| Amounts payable within one year | 42/48 | €27,539 | €4,994 | -€22,545 | -81.9% |
| Trade debts | 44 | €1,762 | €4,104 | +€2,342 | +133% |
| Suppliers | 440/4 | €1,762 | €4,104 | +€2,342 | +133% |
| Taxes, remuneration and social security | 45 | €697 | €772 | +€75 | +10.8% |
| Taxes | 450/3 | €697 | €772 | +€75 | +10.8% |
| Other amounts payable | 47/48 | €25,080 | €118 | -€24,962 | -99.5% |
| Accrued charges and deferred income | 492/3 | - | €1,014 | +€1,014 | |
| Turnover | 70 | €129,852 | €123,134 | -€6,718 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,022 | €4,472 | -€550 | -11.0% |
| Other operating charges | 640/8 | €415 | €1,379 | +€964 | +232% |
| Gross operating margin | 9900 | €11,309 | €8,479 | -€2,830 | -25.0% |
| Operating profit (loss) | 9901 | €5,873 | €2,628 | -€3,244 | -55.2% |
| Financial income | 75/76B | €0 | €98 | +€98 | +81,842% |
| Recurring financial income | 75 | €0 | €98 | +€98 | +81,842% |
| Financial charges | 65/66B | €966 | €806 | -€160 | -16.5% |
| Recurring financial charges | 65 | €966 | €806 | -€160 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €4,907 | €1,920 | -€2,986 | -60.9% |
| Income taxes | 67/77 | €144 | €580 | +€437 | +304% |
| Profit (loss) for the period | 9904 | €4,763 | €1,340 | -€3,423 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,763 | €1,340 | -€3,423 | -71.9% |
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 25 October 2026 via checked.be.