PAKKAN International: 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.
PAKKAN International
Largest movements
- Receivables within one year -€14,271
down €14,271 (-54.6%), from €26,131 to €11,861
of which Trade receivables: -€12,489
- Cash +€4,953
up €4,953 (+22.1%), from €22,419 to €27,372
mainly Receivables within one year (+€14,271) and Tax, wage and social debts (+€954)
- Advances received -€8,000
no longer reported in 2025 (was €8,000)
- Other debts -€1,860
down €1,860 (-7.6%), from €24,559 to €22,699
- Trade debts -€1,414
down €1,414 (-51.7%), from €2,737 to €1,323
- Tax, wage and social debts +€954
up €954 (+472%), from €202 to €1,156
- Profit (loss) carried forward +€547
up €547 (+10.2%), from -€5,342 to -€4,796
- Gross operating margin +€7,148
up €7,148, from -€4,235 to €2,913
- Financial charges -€840
down €840 (-30.2%), from €2,782 to €1,942
- Other operating charges +€94
up €94 (+77.5%), from €122 to €216
- Depreciation -€49
down €49 (-46.3%), from €105 to €56
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 | €48,755 | €39,383 | -€9,372 | -19.2% |
| Fixed assets | 21/28 | €56 | - | -€56 | |
| Tangible fixed assets | 22/27 | €56 | - | -€56 | |
| Plant, machinery and equipment | 23 | €56 | - | -€56 | |
| Current assets | 29/58 | €48,699 | €39,383 | -€9,316 | -19.1% |
| Amounts receivable within one year | 40/41 | €26,131 | €11,861 | -€14,271 | -54.6% |
| Trade receivables | 40 | €24,350 | €11,861 | -€12,489 | -51.3% |
| Other amounts receivable | 41 | €1,782 | - | -€1,782 | |
| Cash at bank and in hand | 54/58 | €22,419 | €27,372 | +€4,953 | +22.1% |
| Deferred charges and accrued income | 490/1 | €148 | €151 | +€2 | +1.5% |
| Total equity and liabilities | 10/49 | €48,755 | €39,383 | -€9,372 | -19.2% |
| Equity | 10/15 | €13,258 | €13,804 | +€547 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,342 | -€4,796 | +€547 | +10.2% |
| Amounts payable | 17/49 | €35,498 | €25,578 | -€9,919 | -27.9% |
| Amounts payable within one year | 42/48 | €35,498 | €25,179 | -€10,319 | -29.1% |
| Trade debts | 44 | €2,737 | €1,323 | -€1,414 | -51.7% |
| Suppliers | 440/4 | €2,737 | €1,323 | -€1,414 | -51.7% |
| Advances received on contracts in progress | 46 | €8,000 | - | -€8,000 | |
| Taxes, remuneration and social security | 45 | €202 | €1,156 | +€954 | +472% |
| Taxes | 450/3 | €202 | €1,156 | +€954 | +472% |
| Other amounts payable | 47/48 | €24,559 | €22,699 | -€1,860 | -7.6% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105 | €56 | -€49 | -46.3% |
| Other operating charges | 640/8 | €122 | €216 | +€94 | +77.5% |
| Gross operating margin | 9900 | -€4,235 | €2,913 | +€7,148 | |
| Operating profit (loss) | 9901 | -€4,462 | €2,641 | +€7,103 | |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €2,782 | €1,942 | -€840 | -30.2% |
| Recurring financial charges | 65 | €2,782 | €1,942 | -€840 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,244 | €723 | +€7,967 | |
| Income taxes | 67/77 | €202 | €176 | -€26 | -12.8% |
| Profit (loss) for the period | 9904 | -€7,446 | €547 | +€7,993 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,446 | €547 | +€7,993 |
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 24 October 2026 via checked.be.