PAKALOLO: what changed
PAKALOLO
Largest movements
- Receivables within one year -€49,275
down €49,275 (-36.6%), from €134,474 to €85,198
of which Trade receivables: -€38,933
- Cash +€10,684
up €10,684 (+7.2%), from €148,028 to €158,712
mainly Other debts (+€62,825) and Receivables within one year (+€49,275)
- Tangible fixed assets +€4,433
new in 2025: €4,433
- Deferred charges and accrued income +€3,496
up €3,496 (+8,793%), from €40 to €3,536
- Tax, wage and social debts -€66,232
down €66,232 (-80.2%), from €82,539 to €16,307
of which Taxes: -€66,232
- Other debts +€62,825
up €62,825 (+808%), from €7,778 to €70,603
- Reserves -€26,947
down €26,947 (-13.3%), from €202,867 to €175,920
- Gross operating margin -€63,550
down €63,550 (-60.0%), from €105,899 to €42,349
- Taxes -€21,078
down €21,078 (-71.3%), from €29,577 to €8,499
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,792 | €272,129 | -€30,663 | -10.1% |
| Fixed assets | 21/28 | - | €4,433 | +€4,433 | |
| Tangible fixed assets | 22/27 | - | €4,433 | +€4,433 | |
| Furniture and vehicles | 24 | - | €4,433 | +€4,433 | |
| Current assets | 29/58 | €302,792 | €267,696 | -€35,095 | -11.6% |
| Amounts receivable within one year | 40/41 | €134,474 | €85,198 | -€49,275 | -36.6% |
| Trade receivables | 40 | €104,131 | €65,198 | -€38,933 | -37.4% |
| Other amounts receivable | 41 | €30,342 | €20,000 | -€10,342 | -34.1% |
| Current investments | 50/53 | €20,250 | €20,250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €148,028 | €158,712 | +€10,684 | +7.2% |
| Deferred charges and accrued income | 490/1 | €40 | €3,536 | +€3,496 | +8,793% |
| Total equity and liabilities | 10/49 | €302,792 | €272,129 | -€30,663 | -10.1% |
| Equity | 10/15 | €205,867 | €178,920 | -€26,947 | -13.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €202,867 | €175,920 | -€26,947 | -13.3% |
| Distributable reserves | 133 | €202,867 | €175,920 | -€26,947 | -13.3% |
| Amounts payable | 17/49 | €96,925 | €93,209 | -€3,716 | -3.8% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €91,925 | €87,086 | -€4,839 | -5.3% |
| Trade debts | 44 | €1,609 | €176 | -€1,433 | -89.0% |
| Suppliers | 440/4 | €1,609 | €176 | -€1,433 | -89.0% |
| Taxes, remuneration and social security | 45 | €82,539 | €16,307 | -€66,232 | -80.2% |
| Taxes | 450/3 | €80,159 | €13,927 | -€66,232 | -82.6% |
| Remuneration and social security | 454/9 | €2,380 | €2,380 | = | 0.0% |
| Other amounts payable | 47/48 | €7,778 | €70,603 | +€62,825 | +808% |
| Accrued charges and deferred income | 492/3 | - | €1,123 | +€1,123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €771 | +€771 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €105,899 | €42,349 | -€63,550 | -60.0% |
| Operating profit (loss) | 9901 | €105,512 | €41,178 | -€64,334 | -61.0% |
| Financial income | 75/76B | €376 | €30 | -€346 | -92.0% |
| Recurring financial income | 75 | €376 | €30 | -€346 | -92.0% |
| Financial charges | 65/66B | €204 | €707 | +€502 | +246% |
| Recurring financial charges | 65 | €204 | €707 | +€502 | +246% |
| Profit (loss) for the period before taxes | 9903 | €105,684 | €40,502 | -€65,182 | -61.7% |
| Income taxes | 67/77 | €29,577 | €8,499 | -€21,078 | -71.3% |
| Profit (loss) for the period | 9904 | €76,107 | €32,002 | -€44,105 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,107 | €32,002 | -€44,105 | -58.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.