PACKANDGO: 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.
What changed
PACKANDGO
NACE 55.203, Holiday cottages, homes and apartments
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€28,033
2024 · -€6,867-€21,167
Equity
€176,935
2024 · €204,969-€28,033
Cash
€12,367
2024 · €14,203-€1,835
Balance sheet total
€910,461
2024 · €956,286-€45,825
Largest movements
Assets
- Tangible fixed assets -€53,872
down €53,872 (-5.8%), from €936,462 to €882,590
of which Land and buildings: -€46,399
Equity and liabilities
- Debts after one year -€41,852
down €41,852 (-8.3%), from €503,095 to €461,243
- Profit (loss) carried forward -€28,033
down €28,033 (-29.5%), from -€95,031 to -€123,065
- Advances received +€22,990
new in 2025: €22,990
Income statement
- Gross operating margin -€18,459
down €18,459 (-28.6%), from €64,505 to €46,047
- Other operating charges +€3,060
up €3,060 (+45.8%), from €6,682 to €9,742
- Depreciation +€983
up €983 (+1.8%), from €55,860 to €56,843
- Financial income +€790
up €790 (+156.0%), from €507 to €1,297
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.
Result 2024
-€6,867
Gross operating margin
-€18,459
Depreciation
-€983
Other operating charges
-€3,060
Financial income
+€790
Financial charges
+€545
Result 2025
-€28,033
Cash bridge derived
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.
From operations
+€41,660
Investment
-€2,301
Financing
-€41,193
Cash 2024
€14,203
From operations (derived)
+€41,660
Net result for the year
-€28,033
Depreciation
+€56,843
Receivables within one year
-€9,184
Deferred charges and accrued income
-€1,369
Trade debts
+€1,394
Tax, wage and social debts
-€582
Advances received
+€22,990
Other debts
+€500
Accrued charges and deferred income
-€900
Investment (derived)
-€2,301
Investment in fixed assets (net)
-€2,301
Financing
-€41,193
Debts after one year
-€41,852
Current portion of long-term debt
+€639
Short-term financial debts
+€20
Cash 2025
€12,367
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €956,286 | €910,461 | -€45,825 | -4.8% |
| Formation expenses | 20 | €370 | €103 | -€268 | -72.3% |
| Fixed assets | 21/28 | €937,215 | €882,941 | -€54,274 | -5.8% |
| Intangible fixed assets | 21 | €753 | €351 | -€402 | -53.4% |
| Tangible fixed assets | 22/27 | €936,462 | €882,590 | -€53,872 | -5.8% |
| Land and buildings | 22 | €918,994 | €872,596 | -€46,399 | -5.0% |
| Plant, machinery and equipment | 23 | €4,564 | €3,207 | -€1,357 | -29.7% |
| Furniture and vehicles | 24 | €12,904 | €5,243 | -€7,661 | -59.4% |
| Other tangible fixed assets | 26 | - | €1,545 | +€1,545 | |
| Current assets | 29/58 | €18,700 | €27,417 | +€8,717 | +46.6% |
| Amounts receivable within one year | 40/41 | €3,369 | €12,552 | +€9,184 | +272.6% |
| Trade receivables | 40 | €3,369 | €12,510 | +€9,142 | +271.4% |
| Other amounts receivable | 41 | - | €42 | +€42 | |
| Cash at bank and in hand | 54/58 | €14,203 | €12,367 | -€1,835 | -12.9% |
| Deferred charges and accrued income | 490/1 | €1,129 | €2,498 | +€1,369 | +121.2% |
| Total equity and liabilities | 10/49 | €956,286 | €910,461 | -€45,825 | -4.8% |
| Equity | 10/15 | €204,969 | €176,935 | -€28,033 | -13.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,031 | -€123,065 | -€28,033 | -29.5% |
| Amounts payable | 17/49 | €751,317 | €733,526 | -€17,791 | -2.4% |
| Amounts payable after more than one year | 17 | €503,095 | €461,243 | -€41,852 | -8.3% |
| Financial debts | 170/4 | €503,095 | €461,243 | -€41,852 | -8.3% |
| Amounts payable within one year | 42/48 | €247,321 | €272,283 | +€24,961 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €41,213 | €41,852 | +€639 | +1.6% |
| Financial debts | 43 | - | €20 | +€20 | |
| Credit institutions | 430/8 | - | €20 | +€20 | |
| Trade debts | 44 | €6,171 | €7,565 | +€1,394 | +22.6% |
| Suppliers | 440/4 | €6,171 | €7,565 | +€1,394 | +22.6% |
| Advances received on contracts in progress | 46 | - | €22,990 | +€22,990 | |
| Taxes, remuneration and social security | 45 | €1,288 | €707 | -€582 | -45.2% |
| Taxes | 450/3 | €1,288 | €707 | -€582 | -45.2% |
| Other amounts payable | 47/48 | €198,649 | €199,149 | +€500 | +0.3% |
| Accrued charges and deferred income | 492/3 | €900 | €0 | -€900 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,860 | €56,843 | +€983 | +1.8% |
| Other operating charges | 640/8 | €6,682 | €9,742 | +€3,060 | +45.8% |
| Gross operating margin | 9900 | €64,505 | €46,047 | -€18,459 | -28.6% |
| Operating profit (loss) | 9901 | €1,963 | -€20,539 | -€22,502 | |
| Financial income | 75/76B | €507 | €1,297 | +€790 | +156.0% |
| Recurring financial income | 75 | €507 | €1,297 | +€790 | +156.0% |
| Financial charges | 65/66B | €9,336 | €8,792 | -€545 | -5.8% |
| Recurring financial charges | 65 | €9,336 | €8,792 | -€545 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,867 | -€28,033 | -€21,167 | -308.2% |
| Profit (loss) for the period | 9904 | -€6,867 | -€28,033 | -€21,167 | -308.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,867 | -€28,033 | -€21,167 | -308.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.