PANIS – VAN MOPPES: 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.
PANIS – VAN MOPPES
Largest movements
- Cash -€550,096
down €550,096 (-88.9%), from €618,922 to €68,826
mainly Other debts (-€626,030) and Contributions, distributions and other (-€322,053)
- Receivables within one year -€68,281
down €68,281 (-24.4%), from €280,355 to €212,075
of which Trade receivables: -€80,878
- Other debts -€626,030
down €626,030 (-90.4%), from €692,323 to €66,292
- Current portion of long-term debt +€27,010
new in 2025: €27,010
- Tax, wage and social debts -€16,676
down €16,676 (-12.7%), from €131,259 to €114,583
of which Taxes: -€9,389
- Gross operating margin -€673,835
down €673,835 (-53.5%), from €1.3m to €584,906
- Staff costs -€336,190
down €336,190 (-84.9%), from €396,038 to €59,849
- Write-downs +€30,036
new in 2025: €30,036
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 | €902,737 | €283,472 | -€619,265 | -68.6% |
| Fixed assets | 21/28 | €2,071 | €2,071 | = | 0.0% |
| Financial fixed assets | 28 | €2,071 | €2,071 | = | 0.0% |
| Current assets | 29/58 | €900,666 | €281,401 | -€619,265 | -68.8% |
| Amounts receivable within one year | 40/41 | €280,355 | €212,075 | -€68,281 | -24.4% |
| Trade receivables | 40 | €276,107 | €195,229 | -€80,878 | -29.3% |
| Other amounts receivable | 41 | €4,249 | €16,846 | +€12,598 | +296.5% |
| Cash at bank and in hand | 54/58 | €618,922 | €68,826 | -€550,096 | -88.9% |
| Deferred charges and accrued income | 490/1 | €1,388 | €499 | -€889 | -64.0% |
| Total equity and liabilities | 10/49 | €902,737 | €283,472 | -€619,265 | -68.6% |
| Equity | 10/15 | €25,682 | €20,451 | -€5,231 | -20.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,231 | - | -€5,231 | |
| Amounts payable | 17/49 | €877,055 | €263,021 | -€614,035 | -70.0% |
| Amounts payable within one year | 42/48 | €877,055 | €263,021 | -€614,035 | -70.0% |
| Current portion of amounts payable after more than one year | 42 | - | €27,010 | +€27,010 | |
| Trade debts | 44 | €53,474 | €55,135 | +€1,662 | +3.1% |
| Suppliers | 440/4 | €53,474 | €55,135 | +€1,662 | +3.1% |
| Taxes, remuneration and social security | 45 | €131,259 | €114,583 | -€16,676 | -12.7% |
| Taxes | 450/3 | €115,396 | €106,007 | -€9,389 | -8.1% |
| Remuneration and social security | 454/9 | €15,862 | €8,576 | -€7,287 | -45.9% |
| Other amounts payable | 47/48 | €692,323 | €66,292 | -€626,030 | -90.4% |
| Remuneration, social security and pensions | 62 | €396,038 | €59,849 | -€336,190 | -84.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €30,036 | +€30,036 | |
| Other operating charges | 640/8 | €2,816 | €4,326 | +€1,510 | +53.6% |
| Gross operating margin | 9900 | €1,258,740 | €584,906 | -€673,835 | -53.5% |
| Operating profit (loss) | 9901 | €859,886 | €490,695 | -€369,191 | -42.9% |
| Financial income | 75/76B | €1,131 | €18 | -€1,113 | -98.4% |
| Recurring financial income | 75 | €1,131 | €18 | -€1,113 | -98.4% |
| Financial charges | 65/66B | €1,676 | €1,796 | +€119 | +7.1% |
| Recurring financial charges | 65 | €1,676 | €1,796 | +€119 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €859,340 | €488,917 | -€370,423 | -43.1% |
| Income taxes | 67/77 | €168,850 | €172,095 | +€3,244 | +1.9% |
| Profit (loss) for the period | 9904 | €690,490 | €316,822 | -€373,668 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €690,490 | €316,822 | -€373,668 | -54.1% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.