PAQUEBOT: 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.
PAQUEBOT
Largest movements
- Cash +€73,995
up €73,995 (+67.5%), from €109,624 to €183,619
mainly Net result for the year (+€32,148) and Receivables within one year (+€30,174)
- Receivables within one year -€30,174
no longer reported in 2025 (was €30,174)
- Reserves +€32,148
up €32,148 (+40.8%), from €78,727 to €110,875
- Trade debts +€3,725
new in 2025: €3,725
- Tax, wage and social debts +€3,158
new in 2025: €3,158
- Gross operating margin +€7,240
up €7,240 (+13.3%), from €54,438 to €61,678
- Taxes +€5,332
up €5,332 (+54.3%), from €9,826 to €15,158
- Depreciation -€1,572
down €1,572 (-25.0%), from €6,290 to €4,717
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 | €230,119 | €271,710 | +€41,591 | +18.1% |
| Fixed assets | 21/28 | €90,321 | €88,091 | -€2,230 | -2.5% |
| Tangible fixed assets | 22/27 | €90,321 | €88,091 | -€2,230 | -2.5% |
| Land and buildings | 22 | €90,321 | €88,091 | -€2,230 | -2.5% |
| Current assets | 29/58 | €139,798 | €183,619 | +€43,821 | +31.3% |
| Amounts receivable within one year | 40/41 | €30,174 | - | -€30,174 | |
| Other amounts receivable | 41 | €30,174 | - | -€30,174 | |
| Cash at bank and in hand | 54/58 | €109,624 | €183,619 | +€73,995 | +67.5% |
| Total equity and liabilities | 10/49 | €230,119 | €271,710 | +€41,591 | +18.1% |
| Equity | 10/15 | €227,559 | €259,707 | +€32,148 | +14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,727 | €110,875 | +€32,148 | +40.8% |
| Distributable reserves | 133 | €78,727 | €110,875 | +€32,148 | +40.8% |
| Profit (loss) carried forward | 14 | €142,631 | €142,631 | = | 0.0% |
| Amounts payable | 17/49 | €2,560 | €12,003 | +€9,443 | +369% |
| Amounts payable within one year | 42/48 | €2,560 | €12,003 | +€9,443 | +369% |
| Trade debts | 44 | - | €3,725 | +€3,725 | |
| Suppliers | 440/4 | - | €3,725 | +€3,725 | |
| Advances received on contracts in progress | 46 | €2,560 | €5,120 | +€2,560 | +100% |
| Taxes, remuneration and social security | 45 | - | €3,158 | +€3,158 | |
| Taxes | 450/3 | - | €3,158 | +€3,158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,290 | €4,717 | -€1,572 | -25.0% |
| Other operating charges | 640/8 | €9,265 | €9,613 | +€349 | +3.8% |
| Gross operating margin | 9900 | €54,438 | €61,678 | +€7,240 | +13.3% |
| Operating profit (loss) | 9901 | €38,884 | €47,348 | +€8,463 | +21.8% |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €38,842 | €47,306 | +€8,463 | +21.8% |
| Income taxes | 67/77 | €9,826 | €15,158 | +€5,332 | +54.3% |
| Profit (loss) for the period | 9904 | €29,016 | €32,148 | +€3,132 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,016 | €32,148 | +€3,132 | +10.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.