PACKCOM: what changed
Two fiscal 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.
PACKCOM
Largest movements
- Receivables within one year -€36,513
down €36,513 (-57.0%), from €64,063 to €27,550
of which Trade receivables: -€36,500
- Cash +€31,682
up €31,682 (+319.5%), from €9,917 to €41,599
mainly Net result for the year (+€46,740) and Receivables within one year (+€36,513)
- Trade debts -€26,922
no longer reported in 2024 (was €26,922)
- Profit (loss) carried forward +€25,690
up €25,690 (+95.2%), from -€26,976 to -€1,285
- Debts after one year -€25,000
down €25,000 (-54.0%), from €46,281 to €21,281
- Reserves +€21,050
up €21,050 (+166.3%), from €12,659 to €33,709
of which Tax-exempt reserves: +€13,476
- Other debts +€3,000
new in 2024: €3,000
- Taxes +€9,370
up €9,370 (+159.0%), from €5,893 to €15,263
- Gross operating margin +€1,666
up €1,666 (+2.7%), from €61,050 to €62,716
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,980 | €69,149 | -€4,831 | -6.5% |
| Current assets | 29/58 | €73,980 | €69,149 | -€4,831 | -6.5% |
| Amounts receivable within one year | 40/41 | €64,063 | €27,550 | -€36,513 | -57.0% |
| Trade receivables | 40 | €64,050 | €27,550 | -€36,500 | -57.0% |
| Other amounts receivable | 41 | €13 | - | -€13 | |
| Cash at bank and in hand | 54/58 | €9,917 | €41,599 | +€31,682 | +319.5% |
| Total equity and liabilities | 10/49 | €73,980 | €69,149 | -€4,831 | -6.5% |
| Equity | 10/15 | -€8,117 | €38,624 | +€46,740 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,659 | €33,709 | +€21,050 | +166.3% |
| Non-distributable reserves | 130/1 | €52 | - | -€52 | |
| Reserves not available under the articles | 1311 | €52 | - | -€52 | |
| Tax-exempt reserves | 132 | €7,574 | €21,050 | +€13,476 | +177.9% |
| Distributable reserves | 133 | €5,034 | €12,659 | +€7,625 | +151.5% |
| Profit (loss) carried forward | 14 | -€26,976 | -€1,285 | +€25,690 | +95.2% |
| Amounts payable | 17/49 | €82,097 | €30,525 | -€51,572 | -62.8% |
| Amounts payable after more than one year | 17 | €46,281 | €21,281 | -€25,000 | -54.0% |
| Financial debts | 170/4 | €46,281 | €21,281 | -€25,000 | -54.0% |
| Amounts payable within one year | 42/48 | €35,816 | €9,244 | -€26,572 | -74.2% |
| Trade debts | 44 | €26,922 | - | -€26,922 | |
| Suppliers | 440/4 | €26,922 | - | -€26,922 | |
| Taxes, remuneration and social security | 45 | €8,893 | €6,244 | -€2,649 | -29.8% |
| Taxes | 450/3 | €5,893 | €6,244 | +€351 | +5.9% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Non-recurring operating charges | 66A | €6 | €100 | +€94 | +1455.2% |
| Gross operating margin | 9900 | €61,050 | €62,716 | +€1,666 | +2.7% |
| Operating profit (loss) | 9901 | €60,659 | €62,228 | +€1,569 | +2.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €135 | €229 | +€93 | +69.0% |
| Recurring financial charges | 65 | €135 | €229 | +€93 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €60,524 | €62,004 | +€1,480 | +2.4% |
| Income taxes | 67/77 | €5,893 | €15,263 | +€9,370 | +159.0% |
| Profit (loss) for the period | 9904 | €54,630 | €46,740 | -€7,890 | -14.4% |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,630 | €25,690 | -€28,940 | -53.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.