Pandox RMC: what changed
Pandox RMC
Largest movements
- Receivables within one year -€73,606
down €73,606 (-30.3%), from €243,132 to €169,526
of which Other amounts receivable: -€52,349
- Profit (loss) carried forward -€186,834
down €186,834 (-4.5%), from -€4.2m to -€4.3m
- Short-term financial debts +€98,117
up €98,117 (+2.2%), from €4.4m to €4.5m
- Trade debts +€18,407
up €18,407 (+126%), from €14,611 to €33,018
- Accrued charges and deferred income -€15,178
down €15,178 (-32.8%), from €46,299 to €31,121
- Tax, wage and social debts +€10,117
up €10,117 (+50.3%), from €20,119 to €30,236
of which Taxes: +€9,450
- Gross operating margin -€330,020
down €330,020 (-66.1%), from €499,603 to €169,583
- Financial charges -€73,685
down €73,685 (-35.2%), from €209,617 to €135,931
- Staff costs +€9,690
up €9,690 (+4.6%), from €210,721 to €220,411
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €323,848 | €248,478 | -€75,370 | -23.3% |
| Current assets | 29/58 | €323,848 | €248,478 | -€75,370 | -23.3% |
| Amounts receivable within one year | 40/41 | €243,132 | €169,526 | -€73,606 | -30.3% |
| Trade receivables | 40 | €190,783 | €169,526 | -€21,256 | -11.1% |
| Other amounts receivable | 41 | €52,349 | - | -€52,349 | |
| Deferred charges and accrued income | 490/1 | €80,716 | €78,952 | -€1,765 | -2.2% |
| Total equity and liabilities | 10/49 | €323,848 | €248,478 | -€75,370 | -23.3% |
| Equity | 10/15 | -€4,137,912 | -€4,324,746 | -€186,834 | -4.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,156,462 | -€4,343,296 | -€186,834 | -4.5% |
| Amounts payable | 17/49 | €4,461,760 | €4,573,223 | +€111,464 | +2.5% |
| Amounts payable within one year | 42/48 | €4,415,461 | €4,542,103 | +€126,642 | +2.9% |
| Financial debts | 43 | €4,380,731 | €4,478,849 | +€98,117 | +2.2% |
| Other loans | 439 | €4,380,731 | €4,478,849 | +€98,117 | +2.2% |
| Trade debts | 44 | €14,611 | €33,018 | +€18,407 | +126% |
| Suppliers | 440/4 | €14,611 | €33,018 | +€18,407 | +126% |
| Taxes, remuneration and social security | 45 | €20,119 | €30,236 | +€10,117 | +50.3% |
| Taxes | 450/3 | - | €9,450 | +€9,450 | |
| Remuneration and social security | 454/9 | €20,119 | €20,786 | +€668 | +3.3% |
| Accrued charges and deferred income | 492/3 | €46,299 | €31,121 | -€15,178 | -32.8% |
| Non-recurring operating income | 76A | €68,409 | - | -€68,409 | |
| Remuneration, social security and pensions | 62 | €210,721 | €220,411 | +€9,690 | +4.6% |
| Other operating charges | 640/8 | €80 | €75 | -€5 | -5.7% |
| Gross operating margin | 9900 | €499,603 | €169,583 | -€330,020 | -66.1% |
| Operating profit (loss) | 9901 | €288,803 | -€50,902 | -€339,705 | |
| Financial charges | 65/66B | €209,617 | €135,931 | -€73,685 | -35.2% |
| Recurring financial charges | 65 | €209,617 | €135,931 | -€73,685 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €79,186 | -€186,834 | -€266,020 | |
| Profit (loss) for the period | 9904 | €79,186 | -€186,834 | -€266,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,186 | -€186,834 | -€266,020 |
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.