PAIRROT: 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.
PAIRROT
Largest movements
- Cash +€61,964
up €61,964 (+545%), from €11,368 to €73,332
mainly Net result for the year (+€68,862) and Debts after one year (+€40,000)
- Receivables within one year +€31,752
up €31,752 (+380%), from €8,347 to €40,099
of which Trade receivables: +€32,646
- Tangible fixed assets +€29,658
up €29,658 (+4,151%), from €715 to €30,373
- Profit (loss) carried forward +€68,029
up €68,029 (+823%), from €8,263 to €76,293
- Debts after one year +€40,000
new in 2025: €40,000
- Tax, wage and social debts +€11,776
up €11,776 (+135%), from €8,695 to €20,472
- Trade debts +€2,576
up €2,576 (+398%), from €647 to €3,223
- Gross operating margin +€82,196
up €82,196 (+695%), from €11,830 to €94,026
- Taxes +€15,245
up €15,245 (+585%), from €2,606 to €17,851
- Depreciation +€6,296
up €6,296 (+7,296%), from €86 to €6,383
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 | €20,979 | €144,304 | +€123,325 | +588% |
| Fixed assets | 21/28 | €715 | €30,373 | +€29,658 | +4,151% |
| Tangible fixed assets | 22/27 | €715 | €30,373 | +€29,658 | +4,151% |
| Furniture and vehicles | 24 | €715 | €30,373 | +€29,658 | +4,151% |
| Current assets | 29/58 | €20,264 | €113,931 | +€93,666 | +462% |
| Amounts receivable within one year | 40/41 | €8,347 | €40,099 | +€31,752 | +380% |
| Trade receivables | 40 | €7,454 | €40,099 | +€32,646 | +438% |
| Other amounts receivable | 41 | €894 | €0 | -€894 | -100% |
| Cash at bank and in hand | 54/58 | €11,368 | €73,332 | +€61,964 | +545% |
| Deferred charges and accrued income | 490/1 | €550 | €499 | -€50 | -9.1% |
| Total equity and liabilities | 10/49 | €20,979 | €144,304 | +€123,325 | +588% |
| Equity | 10/15 | €10,763 | €78,793 | +€68,029 | +632% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,263 | €76,293 | +€68,029 | +823% |
| Amounts payable | 17/49 | €10,216 | €65,511 | +€55,295 | +541% |
| Amounts payable after more than one year | 17 | - | €40,000 | +€40,000 | |
| Financial debts | 170/4 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €10,216 | €25,511 | +€15,295 | +150% |
| Financial debts | 43 | €14 | €15 | +€1 | +5.0% |
| Credit institutions | 430/8 | €14 | €15 | +€1 | +5.0% |
| Trade debts | 44 | €647 | €3,223 | +€2,576 | +398% |
| Suppliers | 440/4 | €647 | €3,223 | +€2,576 | +398% |
| Taxes, remuneration and social security | 45 | €8,695 | €20,472 | +€11,776 | +135% |
| Taxes | 450/3 | €8,695 | €20,472 | +€11,776 | +135% |
| Other amounts payable | 47/48 | €859 | €1,801 | +€942 | +110% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €6,383 | +€6,296 | +7,296% |
| Other operating charges | 640/8 | - | €350 | +€350 | |
| Gross operating margin | 9900 | €11,830 | €94,026 | +€82,196 | +695% |
| Operating profit (loss) | 9901 | €11,744 | €87,043 | +€75,300 | +641% |
| Financial income | 75/76B | €0 | €1 | +€1 | +8,000% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +8,000% |
| Financial charges | 65/66B | €15 | €331 | +€316 | +2,125% |
| Recurring financial charges | 65 | €15 | €331 | +€316 | +2,125% |
| Profit (loss) for the period before taxes | 9903 | €11,729 | €86,713 | +€74,985 | +639% |
| Income taxes | 67/77 | €2,606 | €17,851 | +€15,245 | +585% |
| Profit (loss) for the period | 9904 | €9,122 | €68,862 | +€59,740 | +655% |
| Profit (loss) for the period to be appropriated | 9905 | €9,122 | €68,862 | +€59,740 | +655% |
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 13 October 2026 via checked.be.