PACKIMPEX BELGIUM: 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.
PACKIMPEX BELGIUM
Largest movements
- Cash -€105,172
down €105,172 (-55.0%), from €191,301 to €86,129
mainly Other debts (-€232,837) and Trade debts (-€86,335)
- Receivables within one year -€55,376
down €55,376 (-15.6%), from €355,104 to €299,729
of which Trade receivables: -€46,843
- Deferred charges and accrued income -€15,065
no longer reported in 2024 (was €15,065)
- Other debts -€232,837
down €232,837 (-73.8%), from €315,602 to €82,765
- Trade debts -€86,335
down €86,335 (-76.6%), from €112,719 to €26,384
- Profit (loss) carried forward +€74,076
up €74,076 (+99.7%), from €74,324 to €148,400
- Accrued charges and deferred income +€48,496
new in 2024: €48,496
- Tax, wage and social debts +€16,363
up €16,363 (+32.1%), from €50,979 to €67,342
of which Taxes: +€10,113
- Gross operating margin +€67,650
up €67,650 (+21.5%), from €314,828 to €382,478
- Staff costs +€11,486
up €11,486 (+4.0%), from €287,944 to €299,430
- Taxes -€7,553
no longer reported in 2024 (was €7,553)
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.
Derived cash bridge
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 | €603,624 | €423,387 | -€180,237 | -29.9% |
| Fixed assets | 21/28 | €42,155 | €37,530 | -€4,625 | -11.0% |
| Intangible fixed assets | 21 | €18,662 | €18,662 | = | 0.0% |
| Tangible fixed assets | 22/27 | €10,743 | €6,118 | -€4,625 | -43.0% |
| Furniture and vehicles | 24 | €10,743 | €6,118 | -€4,625 | -43.0% |
| Financial fixed assets | 28 | €12,750 | €12,750 | = | 0.0% |
| Current assets | 29/58 | €561,469 | €385,857 | -€175,612 | -31.3% |
| Amounts receivable within one year | 40/41 | €355,104 | €299,729 | -€55,376 | -15.6% |
| Trade receivables | 40 | €302,549 | €255,706 | -€46,843 | -15.5% |
| Other amounts receivable | 41 | €52,555 | €44,023 | -€8,532 | -16.2% |
| Cash at bank and in hand | 54/58 | €191,301 | €86,129 | -€105,172 | -55.0% |
| Deferred charges and accrued income | 490/1 | €15,065 | - | -€15,065 | |
| Total equity and liabilities | 10/49 | €603,624 | €423,387 | -€180,237 | -29.9% |
| Equity | 10/15 | €124,324 | €198,400 | +€74,076 | +59.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,324 | €148,400 | +€74,076 | +99.7% |
| Amounts payable | 17/49 | €479,300 | €224,987 | -€254,313 | -53.1% |
| Amounts payable within one year | 42/48 | €479,300 | €176,491 | -€302,810 | -63.2% |
| Trade debts | 44 | €112,719 | €26,384 | -€86,335 | -76.6% |
| Suppliers | 440/4 | €112,719 | €26,384 | -€86,335 | -76.6% |
| Taxes, remuneration and social security | 45 | €50,979 | €67,342 | +€16,363 | +32.1% |
| Taxes | 450/3 | €9,194 | €19,307 | +€10,113 | +110% |
| Remuneration and social security | 454/9 | €41,785 | €48,035 | +€6,250 | +15.0% |
| Other amounts payable | 47/48 | €315,602 | €82,765 | -€232,837 | -73.8% |
| Accrued charges and deferred income | 492/3 | - | €48,496 | +€48,496 | |
| Remuneration, social security and pensions | 62 | €287,944 | €299,430 | +€11,486 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,414 | €4,625 | -€2,790 | -37.6% |
| Other operating charges | 640/8 | €1,126 | €673 | -€453 | -40.3% |
| Gross operating margin | 9900 | €314,828 | €382,478 | +€67,650 | +21.5% |
| Operating profit (loss) | 9901 | €18,343 | €77,750 | +€59,407 | +324% |
| Financial income | 75/76B | €449 | €1,533 | +€1,084 | +241% |
| Recurring financial income | 75 | €449 | €1,533 | +€1,084 | +241% |
| Financial charges | 65/66B | €1,893 | €5,207 | +€3,314 | +175% |
| Recurring financial charges | 65 | €1,893 | €5,207 | +€3,314 | +175% |
| Profit (loss) for the period before taxes | 9903 | €16,900 | €74,076 | +€57,177 | +338% |
| Income taxes | 67/77 | €7,553 | - | -€7,553 | |
| Profit (loss) for the period | 9904 | €9,347 | €74,076 | +€64,729 | +693% |
| Profit (loss) for the period to be appropriated | 9905 | €9,347 | €74,076 | +€64,729 | +693% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.