Pan Consultancy: 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.
Pan Consultancy
Largest movements
- Cash -€4,941
down €4,941 (-78.6%), from €6,284 to €1,343
mainly Other debts (-€5,634) and Trade debts (-€2,504)
- Receivables within one year -€1,081
down €1,081 (-10.4%), from €10,376 to €9,296
of which Trade receivables: -€4,517
- Tangible fixed assets -€717
no longer reported in 2025 (was €717)
- Other debts -€5,634
down €5,634 (-76.4%), from €7,375 to €1,741
- Trade debts -€2,504
down €2,504 (-82.3%), from €3,044 to €540
- Reserves +€2,500
new in 2025: €2,500
- Profit (loss) carried forward -€1,485
down €1,485 (-81.6%), from €1,819 to €334
- Tax, wage and social debts +€384
up €384 (+274.2%), from €140 to €524
- Gross operating margin +€2,775
up €2,775, from -€161 to €2,614
- Taxes +€2,236
up €2,236 (+100.0%), from -€2,237 to -€0
- Financial charges +€220
up €220 (+153.8%), from €143 to €362
- Depreciation -€141
down €141 (-16.4%), from €858 to €717
- Financial income +€66
up €66 (+54683.3%), from €0 to €66
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 | €17,378 | €10,639 | -€6,739 | -38.8% |
| Fixed assets | 21/28 | €717 | - | -€717 | |
| Tangible fixed assets | 22/27 | €717 | - | -€717 | |
| Furniture and vehicles | 24 | €717 | - | -€717 | |
| Current assets | 29/58 | €16,660 | €10,639 | -€6,022 | -36.1% |
| Amounts receivable within one year | 40/41 | €10,376 | €9,296 | -€1,081 | -10.4% |
| Trade receivables | 40 | €8,812 | €4,296 | -€4,517 | -51.3% |
| Other amounts receivable | 41 | €1,564 | €5,000 | +€3,436 | +219.7% |
| Cash at bank and in hand | 54/58 | €6,284 | €1,343 | -€4,941 | -78.6% |
| Total equity and liabilities | 10/49 | €17,378 | €10,639 | -€6,739 | -38.8% |
| Equity | 10/15 | €6,819 | €7,834 | +€1,015 | +14.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €2,500 | +€2,500 | |
| Distributable reserves | 133 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €1,819 | €334 | -€1,485 | -81.6% |
| Amounts payable | 17/49 | €10,559 | €2,804 | -€7,755 | -73.4% |
| Amounts payable within one year | 42/48 | €10,559 | €2,804 | -€7,755 | -73.4% |
| Trade debts | 44 | €3,044 | €540 | -€2,504 | -82.3% |
| Suppliers | 440/4 | €3,044 | €540 | -€2,504 | -82.3% |
| Taxes, remuneration and social security | 45 | €140 | €524 | +€384 | +274.2% |
| Taxes | 450/3 | €140 | €524 | +€384 | +274.2% |
| Other amounts payable | 47/48 | €7,375 | €1,741 | -€5,634 | -76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €858 | €717 | -€141 | -16.4% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€161 | €2,614 | +€2,775 | |
| Operating profit (loss) | 9901 | -€1,588 | €1,312 | +€2,900 | |
| Financial income | 75/76B | €0 | €66 | +€66 | +54683.3% |
| Recurring financial income | 75 | €0 | €66 | +€66 | +54683.3% |
| Financial charges | 65/66B | €143 | €362 | +€220 | +153.8% |
| Recurring financial charges | 65 | €143 | €362 | +€220 | +153.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,731 | €1,015 | +€2,746 | |
| Income taxes | 67/77 | -€2,237 | -€0 | +€2,236 | +100.0% |
| Profit (loss) for the period | 9904 | €506 | €1,015 | +€509 | +100.7% |
| Profit (loss) for the period to be appropriated | 9905 | €506 | €1,015 | +€509 | +100.7% |
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 7 October 2026 via checked.be.