PACK & GO NETWORK SYSTEM: 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 & GO NETWORK SYSTEM
Largest movements
- Tangible fixed assets -€6,400
down €6,400 (-46.9%), from €13,657 to €7,257
- Receivables within one year +€3,830
up €3,830 (+11.2%), from €34,189 to €38,020
of which Other amounts receivable: +€35,961
- Cash +€1,350
up €1,350 (+37.2%), from €3,632 to €4,982
mainly Net result for the year (+€24,833) and Tax, wage and social debts (+€6,548)
- Trade debts -€32,600
down €32,600 (-99.7%), from €32,714 to €114
- Profit (loss) carried forward +€24,833
up €24,833 (+2,403%), from €1,034 to €25,866
- Tax, wage and social debts +€6,548
up €6,548 (+551%), from €1,189 to €7,736
- Gross operating margin +€12,603
up €12,603 (+47.5%), from €26,559 to €39,162
- Taxes +€6,761
new in 2025: €6,761
- Depreciation +€857
up €857 (+15.5%), from €5,543 to €6,400
- Other operating charges +€592
new in 2025: €592
- Financial charges +€421
up €421 (+272%), from €155 to €576
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 | €51,478 | €50,259 | -€1,219 | -2.4% |
| Fixed assets | 21/28 | €13,657 | €7,257 | -€6,400 | -46.9% |
| Tangible fixed assets | 22/27 | €13,657 | €7,257 | -€6,400 | -46.9% |
| Furniture and vehicles | 24 | €13,657 | €7,257 | -€6,400 | -46.9% |
| Current assets | 29/58 | €37,821 | €43,001 | +€5,181 | +13.7% |
| Amounts receivable within one year | 40/41 | €34,189 | €38,020 | +€3,830 | +11.2% |
| Trade receivables | 40 | €34,180 | €2,050 | -€32,130 | -94.0% |
| Other amounts receivable | 41 | €9 | €35,970 | +€35,961 | +380,535% |
| Cash at bank and in hand | 54/58 | €3,632 | €4,982 | +€1,350 | +37.2% |
| Total equity and liabilities | 10/49 | €51,478 | €50,259 | -€1,219 | -2.4% |
| Equity | 10/15 | €17,576 | €42,409 | +€24,833 | +141% |
| Contributions | 10/11 | €16,543 | €16,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,034 | €25,866 | +€24,833 | +2,403% |
| Amounts payable | 17/49 | €33,902 | €7,850 | -€26,052 | -76.8% |
| Amounts payable within one year | 42/48 | €33,902 | €7,850 | -€26,052 | -76.8% |
| Trade debts | 44 | €32,714 | €114 | -€32,600 | -99.7% |
| Suppliers | 440/4 | €32,714 | €114 | -€32,600 | -99.7% |
| Taxes, remuneration and social security | 45 | €1,189 | €7,736 | +€6,548 | +551% |
| Taxes | 450/3 | €1,189 | €7,736 | +€6,548 | +551% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,543 | €6,400 | +€857 | +15.5% |
| Other operating charges | 640/8 | - | €592 | +€592 | |
| Gross operating margin | 9900 | €26,559 | €39,162 | +€12,603 | +47.5% |
| Operating profit (loss) | 9901 | €21,016 | €32,170 | +€11,154 | +53.1% |
| Financial charges | 65/66B | €155 | €576 | +€421 | +272% |
| Recurring financial charges | 65 | €155 | €576 | +€421 | +272% |
| Profit (loss) for the period before taxes | 9903 | €20,861 | €31,594 | +€10,733 | +51.4% |
| Income taxes | 67/77 | - | €6,761 | +€6,761 | |
| Profit (loss) for the period | 9904 | €20,861 | €24,833 | +€3,971 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,861 | €24,833 | +€3,971 | +19.0% |
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 31 October 2026 via checked.be.