PACK & 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.
PACK & Co
Largest movements
- Cash -€19,158
down €19,158 (-35.8%), from €53,529 to €34,371
mainly Other debts (-€61,993) and Contributions, distributions and other (-€2,709)
- Tangible fixed assets -€12,150
down €12,150 (-2.4%), from €516,169 to €504,019
- Other debts -€61,993
down €61,993 (-25.5%), from €242,700 to €180,707
- Reserves +€21,150
up €21,150 (+12.9%), from €164,011 to €185,160
- Tax, wage and social debts +€6,920
up €6,920 (+800%), from €865 to €7,785
- Gross operating margin +€18,274
up €18,274 (+43.4%), from €42,078 to €60,352
- Other operating charges -€6,572
down €6,572 (-67.1%), from €9,799 to €3,228
- Taxes +€5,202
up €5,202 (+83.4%), from €6,235 to €11,437
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 | €574,791 | €540,859 | -€33,931 | -5.9% |
| Fixed assets | 21/28 | €516,169 | €504,019 | -€12,150 | -2.4% |
| Tangible fixed assets | 22/27 | €516,169 | €504,019 | -€12,150 | -2.4% |
| Land and buildings | 22 | €516,169 | €504,019 | -€12,150 | -2.4% |
| Current assets | 29/58 | €58,621 | €36,840 | -€21,781 | -37.2% |
| Amounts receivable within one year | 40/41 | €2,617 | - | -€2,617 | |
| Other amounts receivable | 41 | €2,617 | - | -€2,617 | |
| Cash at bank and in hand | 54/58 | €53,529 | €34,371 | -€19,158 | -35.8% |
| Deferred charges and accrued income | 490/1 | €2,475 | €2,469 | -€6 | -0.2% |
| Total equity and liabilities | 10/49 | €574,791 | €540,859 | -€33,931 | -5.9% |
| Equity | 10/15 | €314,011 | €335,160 | +€21,150 | +6.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €164,011 | €185,160 | +€21,150 | +12.9% |
| Distributable reserves | 133 | €164,011 | €185,160 | +€21,150 | +12.9% |
| Amounts payable | 17/49 | €260,780 | €205,699 | -€55,081 | -21.1% |
| Amounts payable within one year | 42/48 | €245,363 | €189,847 | -€55,516 | -22.6% |
| Trade debts | 44 | €1,798 | €1,356 | -€442 | -24.6% |
| Suppliers | 440/4 | €1,798 | €1,356 | -€442 | -24.6% |
| Taxes, remuneration and social security | 45 | €865 | €7,785 | +€6,920 | +800% |
| Taxes | 450/3 | €865 | €7,785 | +€6,920 | +800% |
| Other amounts payable | 47/48 | €242,700 | €180,707 | -€61,993 | -25.5% |
| Accrued charges and deferred income | 492/3 | €15,417 | €15,852 | +€435 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,150 | €12,150 | = | 0.0% |
| Other operating charges | 640/8 | €9,799 | €3,228 | -€6,572 | -67.1% |
| Gross operating margin | 9900 | €42,078 | €60,352 | +€18,274 | +43.4% |
| Operating profit (loss) | 9901 | €20,129 | €44,974 | +€24,845 | +123% |
| Financial income | 75/76B | €6 | €32 | +€26 | +452% |
| Recurring financial income | 75 | €6 | €32 | +€26 | +452% |
| Financial charges | 65/66B | €9,906 | €9,710 | -€196 | -2.0% |
| Recurring financial charges | 65 | €9,906 | €9,710 | -€196 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €10,228 | €35,295 | +€25,067 | +245% |
| Income taxes | 67/77 | €6,235 | €11,437 | +€5,202 | +83.4% |
| Profit (loss) for the period | 9904 | €3,993 | €23,858 | +€19,865 | +497% |
| Profit (loss) for the period to be appropriated | 9905 | €3,993 | €23,858 | +€19,865 | +497% |
Source: filed annual accounts (NBB), financial years ended 29 June 2024 and 29 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.