PANNESCHEURE: 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.
PANNESCHEURE
Largest movements
- Cash -€16,762
down €16,762 (-46.2%), from €36,276 to €19,514
mainly Other debts (-€15,000) and Net result for the year (-€1,731)
- Other debts -€15,000
down €15,000 (-35.7%), from €42,000 to €27,000
- Gross operating margin -€158,298
down €158,298 (-99.9%), from €158,501 to €203
- Financial charges -€9,836
down €9,836 (-99.6%), from €9,879 to €44
- Other operating charges -€1,828
down €1,828 (-49.2%), from €3,718 to €1,890
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 | €461,513 | €444,242 | -€17,270 | -3.7% |
| Fixed assets | 21/28 | €413,568 | €413,568 | = | 0.0% |
| Tangible fixed assets | 22/27 | €413,568 | €413,568 | = | 0.0% |
| Land and buildings | 22 | €413,568 | €413,568 | = | 0.0% |
| Current assets | 29/58 | €47,945 | €30,674 | -€17,270 | -36.0% |
| Amounts receivable within one year | 40/41 | €11,669 | €11,160 | -€509 | -4.4% |
| Trade receivables | 40 | €509 | - | -€509 | |
| Other amounts receivable | 41 | €11,160 | €11,160 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,276 | €19,514 | -€16,762 | -46.2% |
| Total equity and liabilities | 10/49 | €461,513 | €444,242 | -€17,270 | -3.7% |
| Equity | 10/15 | €418,973 | €417,242 | -€1,731 | -0.4% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,027 | -€32,758 | -€1,731 | -5.6% |
| Amounts payable | 17/49 | €42,539 | €27,000 | -€15,539 | -36.5% |
| Amounts payable within one year | 42/48 | €42,539 | €27,000 | -€15,539 | -36.5% |
| Trade debts | 44 | €539 | - | -€539 | |
| Suppliers | 440/4 | €539 | - | -€539 | |
| Other amounts payable | 47/48 | €42,000 | €27,000 | -€15,000 | -35.7% |
| Non-recurring operating income | 76A | €159,305 | - | -€159,305 | |
| Other operating charges | 640/8 | €3,718 | €1,890 | -€1,828 | -49.2% |
| Gross operating margin | 9900 | €158,501 | €203 | -€158,298 | -99.9% |
| Operating profit (loss) | 9901 | €154,782 | -€1,688 | -€156,470 | |
| Financial charges | 65/66B | €9,879 | €44 | -€9,836 | -99.6% |
| Recurring financial charges | 65 | €9,879 | €44 | -€9,836 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | €144,903 | -€1,731 | -€146,634 | |
| Profit (loss) for the period | 9904 | €144,903 | -€1,731 | -€146,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €144,903 | -€1,731 | -€146,634 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.