PASC'OIL: 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.
PASC'OIL
Largest movements
- Cash +€10,313
up €10,313 (+36.3%), from €28,372 to €38,684
mainly Depreciation (+€6,117) and Net result for the year (+€5,191)
- Tangible fixed assets -€6,117
down €6,117 (-6.1%), from €100,402 to €94,285
of which Land and buildings: -€6,117
- Reserves +€5,191
up €5,191 (+36.9%), from €14,052 to €19,244
- Gross operating margin +€1,442
up €1,442 (+10.9%), from €13,287 to €14,729
- Depreciation -€574
down €574 (-8.6%), from €6,692 to €6,117
- Taxes +€201
up €201 (+63.4%), from €318 to €519
- Other operating charges -€201
down €201 (-6.5%), from €3,108 to €2,907
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 | €129,287 | €133,549 | +€4,262 | +3.3% |
| Fixed assets | 21/28 | €100,402 | €94,285 | -€6,117 | -6.1% |
| Tangible fixed assets | 22/27 | €100,402 | €94,285 | -€6,117 | -6.1% |
| Land and buildings | 22 | €92,640 | €86,522 | -€6,117 | -6.6% |
| Furniture and vehicles | 24 | €7,762 | €7,762 | = | 0.0% |
| Current assets | 29/58 | €28,885 | €39,264 | +€10,379 | +35.9% |
| Amounts receivable within one year | 40/41 | €513 | €580 | +€67 | +13.0% |
| Trade receivables | 40 | €500 | €565 | +€64 | +12.8% |
| Other amounts receivable | 41 | €13 | €15 | +€3 | +20.0% |
| Cash at bank and in hand | 54/58 | €28,372 | €38,684 | +€10,313 | +36.3% |
| Total equity and liabilities | 10/49 | €129,287 | €133,549 | +€4,262 | +3.3% |
| Equity | 10/15 | €123,710 | €128,901 | +€5,191 | +4.2% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €14,052 | €19,244 | +€5,191 | +36.9% |
| Distributable reserves | 133 | €14,052 | €19,244 | +€5,191 | +36.9% |
| Profit (loss) carried forward | 14 | €73,658 | €73,658 | = | 0.0% |
| Amounts payable | 17/49 | €5,577 | €4,648 | -€930 | -16.7% |
| Amounts payable within one year | 42/48 | €5,577 | €4,648 | -€930 | -16.7% |
| Trade debts | 44 | €137 | - | -€137 | |
| Suppliers | 440/4 | €137 | - | -€137 | |
| Taxes, remuneration and social security | 45 | €896 | €991 | +€95 | +10.5% |
| Taxes | 450/3 | €896 | €991 | +€95 | +10.5% |
| Other amounts payable | 47/48 | €4,544 | €3,657 | -€887 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,692 | €6,117 | -€574 | -8.6% |
| Other operating charges | 640/8 | €3,108 | €2,907 | -€201 | -6.5% |
| Gross operating margin | 9900 | €13,287 | €14,729 | +€1,442 | +10.9% |
| Operating profit (loss) | 9901 | €3,488 | €5,705 | +€2,217 | +63.6% |
| Financial income | 75/76B | €124 | €139 | +€15 | +12.2% |
| Recurring financial income | 75 | €124 | €139 | +€15 | +12.2% |
| Financial charges | 65/66B | €116 | €133 | +€17 | +15.0% |
| Recurring financial charges | 65 | €116 | €133 | +€17 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €3,496 | €5,711 | +€2,215 | +63.4% |
| Income taxes | 67/77 | €318 | €519 | +€201 | +63.4% |
| Profit (loss) for the period | 9904 | €3,178 | €5,191 | +€2,014 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,178 | €5,191 | +€2,014 | +63.4% |
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 19 October 2026 via checked.be.