PANIER D'ELOISE: 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.
PANIER D'ELOISE
Largest movements
- Intangible fixed assets -€17,749
down €17,749 (-52.2%), from €34,020 to €16,270
- Receivables within one year -€10,816
down €10,816 (-45.7%), from €23,681 to €12,865
of which Trade receivables: -€11,669
- Cash -€2,997
down €2,997 (-43.3%), from €6,923 to €3,926
mainly Other debts (-€16,707) and Trade debts (-€12,368)
- Stocks and contracts +€1,190
up €1,190 (+2.9%), from €40,728 to €41,918
- Other debts -€16,707
down €16,707 (-37.8%), from €44,164 to €27,457
- Trade debts -€12,368
down €12,368 (-36.6%), from €33,835 to €21,467
- Staff costs -€6,139
down €6,139 (-97.4%), from €6,306 to €167
- Gross operating margin -€5,935
down €5,935 (-22.2%), from €26,687 to €20,752
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 | €105,478 | €75,303 | -€30,176 | -28.6% |
| Fixed assets | 21/28 | €34,020 | €16,270 | -€17,749 | -52.2% |
| Intangible fixed assets | 21 | €34,020 | €16,270 | -€17,749 | -52.2% |
| Current assets | 29/58 | €71,459 | €59,032 | -€12,426 | -17.4% |
| Stocks and contracts in progress | 3 | €40,728 | €41,918 | +€1,190 | +2.9% |
| Stocks | 30/36 | €40,728 | €41,918 | +€1,190 | +2.9% |
| Amounts receivable within one year | 40/41 | €23,681 | €12,865 | -€10,816 | -45.7% |
| Trade receivables | 40 | €22,856 | €11,187 | -€11,669 | -51.1% |
| Other amounts receivable | 41 | €825 | €1,678 | +€853 | +103% |
| Cash at bank and in hand | 54/58 | €6,923 | €3,926 | -€2,997 | -43.3% |
| Deferred charges and accrued income | 490/1 | €128 | €324 | +€196 | +154% |
| Total equity and liabilities | 10/49 | €105,478 | €75,303 | -€30,176 | -28.6% |
| Equity | 10/15 | €26,999 | €26,345 | -€654 | -2.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,999 | €24,345 | -€654 | -2.6% |
| Amounts payable | 17/49 | €78,479 | €48,957 | -€29,522 | -37.6% |
| Amounts payable within one year | 42/48 | €78,479 | €48,957 | -€29,522 | -37.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €33,835 | €21,467 | -€12,368 | -36.6% |
| Suppliers | 440/4 | €33,835 | €21,467 | -€12,368 | -36.6% |
| Taxes, remuneration and social security | 45 | €480 | €33 | -€447 | -93.0% |
| Taxes | 450/3 | €480 | €33 | -€447 | -93.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €44,164 | €27,457 | -€16,707 | -37.8% |
| Remuneration, social security and pensions | 62 | €6,306 | €167 | -€6,139 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,749 | €17,749 | = | 0.0% |
| Other operating charges | 640/8 | €1,728 | €1,560 | -€168 | -9.7% |
| Gross operating margin | 9900 | €26,687 | €20,752 | -€5,935 | -22.2% |
| Operating profit (loss) | 9901 | €903 | €1,276 | +€372 | +41.2% |
| Financial income | 75/76B | €150 | €222 | +€71 | +47.5% |
| Recurring financial income | 75 | €150 | €222 | +€71 | +47.5% |
| Financial charges | 65/66B | €1,368 | €1,468 | +€100 | +7.3% |
| Recurring financial charges | 65 | €1,368 | €1,468 | +€100 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | -€314 | €30 | +€344 | |
| Income taxes | 67/77 | €631 | €683 | +€53 | +8.3% |
| Profit (loss) for the period | 9904 | -€945 | -€654 | +€291 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€945 | -€654 | +€291 | +30.8% |
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 26 October 2026 via checked.be.