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Panier Consultancy & Development: 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.

What changed

Panier Consultancy & Development

BE 0760.788.024
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,833
2024 · €2,644-€5,477
Equity
€54,550
2024 · €57,383-€2,833
Cash
€2,734
2024 · €13,693-€10,958
Balance sheet total
€114,612
2024 · €379,718-€265,106

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€313,352

    down €313,352 (-99.6%), from €314,682 to €1,330

    of which Land and buildings: -€312,640

  • Receivables within one year +€59,205

    up €59,205 (+115.3%), from €51,343 to €110,547

    of which Other amounts receivable: +€31,180

  • Cash -€10,958

    down €10,958 (-80.0%), from €13,693 to €2,734

    mainly Debts after one year (-€209,794) and Receivables within one year (-€59,205)

Equity and liabilities
  • Debts after one year -€209,794

    no longer reported in 2025 (was €209,794)

  • Current portion of long-term debt -€33,140

    no longer reported in 2025 (was €33,140)

  • Trade debts -€15,228

    down €15,228 (-49.9%), from €30,490 to €15,262

  • Tax, wage and social debts -€4,111

    down €4,111 (-8.4%), from €48,910 to €44,799

    of which Taxes: -€3,882

Income statement
  • Financial charges +€20,162

    up €20,162 (+352.6%), from €5,718 to €25,880

    of which Non-recurring financial charges: +€20,204

  • Gross operating margin +€14,191

    up €14,191 (+66.4%), from €21,365 to €35,555

  • Depreciation -€5,759

    down €5,759 (-89.0%), from €6,471 to €712

  • Taxes -€3,358

    down €3,358 (-73.5%), from €4,570 to €1,212

  • Other operating charges +€2,746

    up €2,746 (+75.0%), from €3,661 to €6,406

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,644
Gross operating margin +€14,191
Depreciation +€5,759
Other operating charges -€2,746
Other operating items -€4,177
Financial income -€1,700
Financial charges -€20,162
Taxes +€3,358
Result 2025 -€2,833

Cash bridge derived

cash 2024 to 2025

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.

From operations -€80,664
Investment +€312,640
Financing -€242,934
Cash 2024 €13,693
Net result for the year -€2,833
Depreciation +€712
Receivables within one year -€59,205
Trade debts -€15,228
Tax, wage and social debts -€4,111
Investment in fixed assets (net) +€312,640
Debts after one year -€209,794
Current portion of long-term debt -€33,140
Cash 2025 €2,734
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €379,718 €114,612 -€265,106 -69.8%
Fixed assets 21/28 €314,682 €1,330 -€313,352 -99.6%
Tangible fixed assets 22/27 €314,682 €1,330 -€313,352 -99.6%
Land and buildings 22 €312,640 - -€312,640
Plant, machinery and equipment 23 €393 €251 -€142 -36.1%
Furniture and vehicles 24 €1,649 €1,079 -€570 -34.6%
Current assets 29/58 €65,035 €113,282 +€48,246 +74.2%
Amounts receivable within one year 40/41 €51,343 €110,547 +€59,205 +115.3%
Trade receivables 40 €13,887 €41,912 +€28,025 +201.8%
Other amounts receivable 41 €37,455 €68,635 +€31,180 +83.2%
Cash at bank and in hand 54/58 €13,693 €2,734 -€10,958 -80.0%
Total equity and liabilities 10/49 €379,718 €114,612 -€265,106 -69.8%
Equity 10/15 €57,383 €54,550 -€2,833 -4.9%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €55,383 €52,550 -€2,833 -5.1%
Distributable reserves 133 €55,383 €52,550 -€2,833 -5.1%
Amounts payable 17/49 €322,335 €60,062 -€262,273 -81.4%
Amounts payable after more than one year 17 €209,794 - -€209,794
Financial debts 170/4 €209,794 - -€209,794
Amounts payable within one year 42/48 €112,540 €60,062 -€52,479 -46.6%
Current portion of amounts payable after more than one year 42 €33,140 - -€33,140
Trade debts 44 €30,490 €15,262 -€15,228 -49.9%
Suppliers 440/4 €30,490 €15,262 -€15,228 -49.9%
Taxes, remuneration and social security 45 €48,910 €44,799 -€4,111 -8.4%
Taxes 450/3 €48,681 €44,799 -€3,882 -8.0%
Remuneration and social security 454/9 €229 - -€229
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,471 €712 -€5,759 -89.0%
Other operating charges 640/8 €3,661 €6,406 +€2,746 +75.0%
Non-recurring operating charges 66A - €4,177 +€4,177
Gross operating margin 9900 €21,365 €35,555 +€14,191 +66.4%
Operating profit (loss) 9901 €11,233 €24,260 +€13,027 +116.0%
Financial income 75/76B €1,700 - -€1,700
Recurring financial income 75 €0 - -€0
Non-recurring financial income 76B €1,700 - -€1,700
Financial charges 65/66B €5,718 €25,880 +€20,162 +352.6%
Recurring financial charges 65 €5,718 €5,677 -€42 -0.7%
Non-recurring financial charges 66B - €20,204 +€20,204
Profit (loss) for the period before taxes 9903 €7,214 -€1,621 -€8,835
Income taxes 67/77 €4,570 €1,212 -€3,358 -73.5%
Profit (loss) for the period 9904 €2,644 -€2,833 -€5,477
Profit (loss) for the period to be appropriated 9905 €2,644 -€2,833 -€5,477

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.