PACK-PRO: 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-PRO
Largest movements
- Deferred charges and accrued income -€25,008
down €25,008 (-36.7%), from €68,202 to €43,194
- Receivables within one year +€12,152
up €12,152 (+68.4%), from €17,772 to €29,924
of which Trade receivables: +€12,152
- Cash -€9,191
down €9,191 (-45.8%), from €20,063 to €10,872
mainly Receivables within one year (-€12,152) and Current portion of long-term debt (-€11,468)
- Current portion of long-term debt -€11,468
down €11,468 (-80.8%), from €14,186 to €2,718
- Other debts -€10,701
down €10,701 (-30.0%), from €35,705 to €25,004
- Profit (loss) carried forward +€10,637
up €10,637 (+59.5%), from -€17,876 to -€7,239
- Tax, wage and social debts -€10,594
down €10,594 (-21.0%), from €50,451 to €39,857
of which Remuneration and social security: -€18,928
- Trade debts +€3,955
up €3,955 (+111%), from €3,564 to €7,519
- Gross operating margin +€63,191
up €63,191 (+83.5%), from €75,717 to €138,908
- Staff costs +€12,879
up €12,879 (+12.5%), from €102,711 to €115,590
- Taxes +€2,433
up €2,433 (+428%), from €568 to €3,001
- Financial income -€2,016
down €2,016 (-95.8%), from €2,104 to €88
- Depreciation -€1,494
down €1,494 (-45.5%), from €3,281 to €1,787
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 | €116,016 | €95,127 | -€20,889 | -18.0% |
| Fixed assets | 21/28 | €9,979 | €11,137 | +€1,158 | +11.6% |
| Tangible fixed assets | 22/27 | €9,079 | €10,237 | +€1,158 | +12.8% |
| Land and buildings | 22 | €8,052 | €6,676 | -€1,376 | -17.1% |
| Plant, machinery and equipment | 23 | €1,027 | €647 | -€380 | -37.0% |
| Furniture and vehicles | 24 | - | €2,914 | +€2,914 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €106,037 | €83,990 | -€22,047 | -20.8% |
| Amounts receivable within one year | 40/41 | €17,772 | €29,924 | +€12,152 | +68.4% |
| Trade receivables | 40 | €16,362 | €28,514 | +€12,152 | +74.3% |
| Other amounts receivable | 41 | €1,410 | €1,410 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,063 | €10,872 | -€9,191 | -45.8% |
| Deferred charges and accrued income | 490/1 | €68,202 | €43,194 | -€25,008 | -36.7% |
| Total equity and liabilities | 10/49 | €116,016 | €95,127 | -€20,889 | -18.0% |
| Equity | 10/15 | €9,392 | €20,029 | +€10,637 | +113% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,876 | -€7,239 | +€10,637 | +59.5% |
| Amounts payable | 17/49 | €106,624 | €75,098 | -€31,526 | -29.6% |
| Amounts payable after more than one year | 17 | €2,718 | - | -€2,718 | |
| Financial debts | 170/4 | €2,718 | - | -€2,718 | |
| Amounts payable within one year | 42/48 | €103,906 | €75,098 | -€28,808 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €14,186 | €2,718 | -€11,468 | -80.8% |
| Trade debts | 44 | €3,564 | €7,519 | +€3,955 | +111% |
| Suppliers | 440/4 | €3,564 | €7,519 | +€3,955 | +111% |
| Taxes, remuneration and social security | 45 | €50,451 | €39,857 | -€10,594 | -21.0% |
| Taxes | 450/3 | €6,039 | €14,373 | +€8,334 | +138% |
| Remuneration and social security | 454/9 | €44,412 | €25,484 | -€18,928 | -42.6% |
| Other amounts payable | 47/48 | €35,705 | €25,004 | -€10,701 | -30.0% |
| Remuneration, social security and pensions | 62 | €102,711 | €115,590 | +€12,879 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,281 | €1,787 | -€1,494 | -45.5% |
| Other operating charges | 640/8 | €2,199 | €1,907 | -€292 | -13.3% |
| Gross operating margin | 9900 | €75,717 | €138,908 | +€63,191 | +83.5% |
| Operating profit (loss) | 9901 | -€32,474 | €19,624 | +€52,098 | |
| Financial income | 75/76B | €2,104 | €88 | -€2,016 | -95.8% |
| Recurring financial income | 75 | €2,104 | €88 | -€2,016 | -95.8% |
| Financial charges | 65/66B | €4,777 | €6,074 | +€1,297 | +27.2% |
| Recurring financial charges | 65 | €4,777 | €6,074 | +€1,297 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,147 | €13,638 | +€48,785 | |
| Income taxes | 67/77 | €568 | €3,001 | +€2,433 | +428% |
| Profit (loss) for the period | 9904 | -€35,715 | €10,637 | +€46,352 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,715 | €10,637 | +€46,352 |
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 16 October 2026 via checked.be.