Paco Rico: 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.
Paco Rico
Largest movements
- Receivables within one year -€17,815
down €17,815 (-20.5%), from €86,928 to €69,113
of which Trade receivables: -€17,777
- Tangible fixed assets -€9,994
down €9,994 (-35.6%), from €28,046 to €18,052
of which Furniture and vehicles: -€8,586
- Cash +€1,303
up €1,303 (+13.9%), from €9,382 to €10,685
mainly Net result for the year (+€18,480) and Receivables within one year (+€17,815)
- Trade debts -€17,444
down €17,444 (-68.8%), from €25,336 to €7,892
- Profit (loss) carried forward -€10,091
down €10,091 (-13.3%), from €75,673 to €65,582
- Tax, wage and social debts +€1,442
up €1,442 (+7.9%), from €18,347 to €19,789
- Other operating charges -€7,851
down €7,851 (-58.4%), from €13,446 to €5,595
- Depreciation +€937
up €937 (+9.0%), from €10,385 to €11,322
- Taxes -€859
down €859 (-11.3%), from €7,570 to €6,711
- Gross operating margin +€706
up €706 (+1.7%), from €42,225 to €42,931
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,356 | €98,264 | -€26,092 | -21.0% |
| Fixed assets | 21/28 | €28,046 | €18,052 | -€9,994 | -35.6% |
| Tangible fixed assets | 22/27 | €28,046 | €18,052 | -€9,994 | -35.6% |
| Plant, machinery and equipment | 23 | €2,738 | €1,330 | -€1,408 | -51.4% |
| Furniture and vehicles | 24 | €25,308 | €16,722 | -€8,586 | -33.9% |
| Current assets | 29/58 | €96,310 | €80,211 | -€16,099 | -16.7% |
| Amounts receivable within one year | 40/41 | €86,928 | €69,113 | -€17,815 | -20.5% |
| Trade receivables | 40 | €42,642 | €24,865 | -€17,777 | -41.7% |
| Other amounts receivable | 41 | €44,286 | €44,248 | -€38 | -0.1% |
| Cash at bank and in hand | 54/58 | €9,382 | €10,685 | +€1,303 | +13.9% |
| Deferred charges and accrued income | 490/1 | - | €413 | +€413 | |
| Total equity and liabilities | 10/49 | €124,356 | €98,264 | -€26,092 | -21.0% |
| Equity | 10/15 | €80,673 | €70,582 | -€10,091 | -12.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,673 | €65,582 | -€10,091 | -13.3% |
| Amounts payable | 17/49 | €43,683 | €27,682 | -€16,001 | -36.6% |
| Amounts payable within one year | 42/48 | €43,683 | €27,682 | -€16,001 | -36.6% |
| Trade debts | 44 | €25,336 | €7,892 | -€17,444 | -68.8% |
| Suppliers | 440/4 | €25,336 | €7,892 | -€17,444 | -68.8% |
| Taxes, remuneration and social security | 45 | €18,347 | €19,789 | +€1,442 | +7.9% |
| Taxes | 450/3 | €18,347 | €19,789 | +€1,442 | +7.9% |
| Non-recurring operating income | 76A | €400 | - | -€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,385 | €11,322 | +€937 | +9.0% |
| Other operating charges | 640/8 | €13,446 | €5,595 | -€7,851 | -58.4% |
| Gross operating margin | 9900 | €42,225 | €42,931 | +€706 | +1.7% |
| Operating profit (loss) | 9901 | €18,394 | €26,014 | +€7,620 | +41.4% |
| Financial income | 75/76B | €1 | €5 | +€4 | +394% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +394% |
| Financial charges | 65/66B | €987 | €828 | -€159 | -16.1% |
| Recurring financial charges | 65 | €987 | €828 | -€159 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €17,408 | €25,191 | +€7,783 | +44.7% |
| Income taxes | 67/77 | €7,570 | €6,711 | -€859 | -11.3% |
| Profit (loss) for the period | 9904 | €9,838 | €18,480 | +€8,642 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,838 | €18,480 | +€8,642 | +87.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.