PAMPAS ANTWERPEN: 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.
PAMPAS ANTWERPEN
Largest movements
- Receivables within one year +€12,363
up €12,363 (+6.6%), from €188,017 to €200,380
of which Other amounts receivable: +€11,441
- Stocks and contracts +€5,780
up €5,780 (+64.6%), from €8,950 to €14,730
- Cash -€5,591
down €5,591 (-2.8%), from €200,198 to €194,607
mainly Contributions, distributions and other (-€70,000) and Trade debts (-€14,226)
- Other debts +€49,000
up €49,000 (+1,364%), from €3,591 to €52,591
- Profit (loss) carried forward -€45,808
down €45,808 (-42.0%), from €109,162 to €63,354
- Tax, wage and social debts +€22,236
up €22,236 (+33.8%), from €65,833 to €88,070
of which Taxes: +€28,113
- Trade debts -€14,226
down €14,226 (-22.1%), from €64,314 to €50,088
- Short-term financial debts +€6,730
new in 2025: €6,730
- Gross operating margin -€28,398
down €28,398 (-5.6%), from €507,613 to €479,215
- Staff costs +€18,942
up €18,942 (+4.5%), from €421,900 to €440,842
- Taxes -€16,154
down €16,154 (-64.8%), from €24,921 to €8,767
- Financial income +€5,202
up €5,202 (+2,738,116%), from €0 to €5,203
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 | €409,599 | €427,531 | +€17,932 | +4.4% |
| Fixed assets | 21/28 | €5,386 | €7,204 | +€1,818 | +33.7% |
| Tangible fixed assets | 22/27 | €5,286 | €7,104 | +€1,818 | +34.4% |
| Land and buildings | 22 | - | €2,939 | +€2,939 | |
| Plant, machinery and equipment | 23 | €5,269 | €4,165 | -€1,104 | -21.0% |
| Furniture and vehicles | 24 | €17 | - | -€17 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €404,213 | €420,327 | +€16,115 | +4.0% |
| Stocks and contracts in progress | 3 | €8,950 | €14,730 | +€5,780 | +64.6% |
| Stocks | 30/36 | €8,950 | €14,730 | +€5,780 | +64.6% |
| Amounts receivable within one year | 40/41 | €188,017 | €200,380 | +€12,363 | +6.6% |
| Trade receivables | 40 | €2,427 | €3,349 | +€922 | +38.0% |
| Other amounts receivable | 41 | €185,590 | €197,031 | +€11,441 | +6.2% |
| Cash at bank and in hand | 54/58 | €200,198 | €194,607 | -€5,591 | -2.8% |
| Deferred charges and accrued income | 490/1 | €7,048 | €10,610 | +€3,562 | +50.5% |
| Total equity and liabilities | 10/49 | €409,599 | €427,531 | +€17,932 | +4.4% |
| Equity | 10/15 | €275,860 | €230,052 | -€45,808 | -16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,098 | €148,098 | = | 0.0% |
| Distributable reserves | 133 | €148,098 | €148,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,162 | €63,354 | -€45,808 | -42.0% |
| Amounts payable | 17/49 | €133,739 | €197,479 | +€63,740 | +47.7% |
| Amounts payable within one year | 42/48 | €133,739 | €197,479 | +€63,740 | +47.7% |
| Financial debts | 43 | - | €6,730 | +€6,730 | |
| Credit institutions | 430/8 | - | €6,730 | +€6,730 | |
| Trade debts | 44 | €64,314 | €50,088 | -€14,226 | -22.1% |
| Suppliers | 440/4 | €64,314 | €50,088 | -€14,226 | -22.1% |
| Taxes, remuneration and social security | 45 | €65,833 | €88,070 | +€22,236 | +33.8% |
| Taxes | 450/3 | €20,078 | €48,191 | +€28,113 | +140% |
| Remuneration and social security | 454/9 | €45,755 | €39,879 | -€5,876 | -12.8% |
| Other amounts payable | 47/48 | €3,591 | €52,591 | +€49,000 | +1,364% |
| Non-recurring operating income | 76A | €6,478 | - | -€6,478 | |
| Remuneration, social security and pensions | 62 | €421,900 | €440,842 | +€18,942 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €460 | €1,182 | +€722 | +157% |
| Other operating charges | 640/8 | €5,446 | €5,650 | +€204 | +3.7% |
| Gross operating margin | 9900 | €507,613 | €479,215 | -€28,398 | -5.6% |
| Operating profit (loss) | 9901 | €79,807 | €31,541 | -€48,266 | -60.5% |
| Financial income | 75/76B | €0 | €5,203 | +€5,202 | +2,738,116% |
| Recurring financial income | 75 | €0 | €5,203 | +€5,202 | +2,738,116% |
| Financial charges | 65/66B | €4,336 | €3,784 | -€552 | -12.7% |
| Recurring financial charges | 65 | €4,336 | €3,784 | -€552 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €75,471 | €32,959 | -€42,512 | -56.3% |
| Income taxes | 67/77 | €24,921 | €8,767 | -€16,154 | -64.8% |
| Profit (loss) for the period | 9904 | €50,550 | €24,192 | -€26,358 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,550 | €24,192 | -€26,358 | -52.1% |
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 27 October 2026 via checked.be.