PAKIMA: 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.
PAKIMA
Largest movements
- Receivables within one year -€4,841
down €4,841 (-13.4%), from €36,257 to €31,416
of which Trade receivables: -€4,143
- Stocks and contracts -€3,598
no longer reported in 2025 (was €3,598)
- Cash -€3,085
down €3,085 (-75.1%), from €4,110 to €1,025
mainly Net result for the year (-€12,778) and Trade debts (-€886)
- Tangible fixed assets -€2,599
down €2,599 (-83.4%), from €3,117 to €519
of which Furniture and vehicles: -€2,271
- Reserves -€12,778
down €12,778 (-32.5%), from €39,282 to €26,505
of which Distributable reserves: -€12,778
- Trade debts -€886
down €886 (-77.5%), from €1,144 to €258
- Gross operating margin -€3,505
down €3,505 (-62.4%), from -€5,615 to -€9,120
- Other operating charges -€463
down €463 (-39.5%), from €1,173 to €710
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.
Cash bridge derived
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 | €47,083 | €32,960 | -€14,123 | -30.0% |
| Fixed assets | 21/28 | €3,117 | €519 | -€2,599 | -83.4% |
| Tangible fixed assets | 22/27 | €3,117 | €519 | -€2,599 | -83.4% |
| Plant, machinery and equipment | 23 | €328 | €0 | -€328 | -100.0% |
| Furniture and vehicles | 24 | €2,789 | €519 | -€2,271 | -81.4% |
| Current assets | 29/58 | €43,965 | €32,441 | -€11,524 | -26.2% |
| Stocks and contracts in progress | 3 | €3,598 | - | -€3,598 | |
| Contracts in progress | 37 | €3,598 | - | -€3,598 | |
| Amounts receivable within one year | 40/41 | €36,257 | €31,416 | -€4,841 | -13.4% |
| Trade receivables | 40 | €7,012 | €2,869 | -€4,143 | -59.1% |
| Other amounts receivable | 41 | €29,246 | €28,547 | -€698 | -2.4% |
| Cash at bank and in hand | 54/58 | €4,110 | €1,025 | -€3,085 | -75.1% |
| Total equity and liabilities | 10/49 | €47,083 | €32,960 | -€14,123 | -30.0% |
| Equity | 10/15 | €45,480 | €32,702 | -€12,778 | -28.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €39,282 | €26,505 | -€12,778 | -32.5% |
| Tax-exempt reserves | 132 | €3,265 | €3,265 | = | 0.0% |
| Distributable reserves | 133 | €36,017 | €23,240 | -€12,778 | -35.5% |
| Amounts payable | 17/49 | €1,603 | €258 | -€1,345 | -83.9% |
| Amounts payable within one year | 42/48 | €1,603 | €258 | -€1,345 | -83.9% |
| Trade debts | 44 | €1,144 | €258 | -€886 | -77.5% |
| Suppliers | 440/4 | €1,144 | €258 | -€886 | -77.5% |
| Taxes, remuneration and social security | 45 | €459 | - | -€459 | |
| Taxes | 450/3 | €459 | - | -€459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,599 | €2,599 | = | 0.0% |
| Other operating charges | 640/8 | €1,173 | €710 | -€463 | -39.5% |
| Gross operating margin | 9900 | -€5,615 | -€9,120 | -€3,505 | -62.4% |
| Operating profit (loss) | 9901 | -€9,387 | -€12,428 | -€3,042 | -32.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +33.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +33.3% |
| Financial charges | 65/66B | €308 | €349 | +€41 | +13.5% |
| Recurring financial charges | 65 | €308 | €349 | +€41 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,694 | -€12,778 | -€3,083 | -31.8% |
| Profit (loss) for the period | 9904 | -€9,694 | -€12,778 | -€3,083 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,694 | -€12,778 | -€3,083 | -31.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.