Pascal Calabrese Consulting: 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.
Pascal Calabrese Consulting
Largest movements
- Tangible fixed assets +€77,975
up €77,975 (+739%), from €10,546 to €88,521
of which Land and buildings: +€82,941
- Receivables after one year +€40,000
new in 2025: €40,000
- Cash +€13,946
up €13,946 (+19.1%), from €72,910 to €86,856
mainly Debts after one year (+€71,415) and Net result for the year (+€64,358)
- Receivables within one year +€3,980
up €3,980 (+1,027%), from €387 to €4,367
- Debts after one year +€71,415
new in 2025: €71,415
- Profit (loss) carried forward +€64,358
up €64,358 (+153%), from €42,130 to €106,487
- Other debts -€13,300
down €13,300 (-73.5%), from €18,100 to €4,800
- Tax, wage and social debts +€10,676
up €10,676 (+55.4%), from €19,275 to €29,951
of which Taxes: +€9,176
- Current portion of long-term debt +€3,586
new in 2025: €3,586
- Gross operating margin +€39,128
up €39,128 (+66.8%), from €58,579 to €97,707
- Other operating charges +€10,677
up €10,677 (+2,731%), from €391 to €11,068
- Taxes +€5,644
up €5,644 (+48.5%), from €11,648 to €17,291
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 | €84,026 | €219,960 | +€135,933 | +162% |
| Fixed assets | 21/28 | €10,546 | €88,521 | +€77,975 | +739% |
| Tangible fixed assets | 22/27 | €10,546 | €88,521 | +€77,975 | +739% |
| Land and buildings | 22 | - | €82,941 | +€82,941 | |
| Furniture and vehicles | 24 | €10,546 | €5,580 | -€4,966 | -47.1% |
| Current assets | 29/58 | €73,480 | €131,439 | +€57,958 | +78.9% |
| Amounts receivable after more than one year | 29 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €387 | €4,367 | +€3,980 | +1,027% |
| Trade receivables | 40 | €387 | €4,367 | +€3,980 | +1,027% |
| Cash at bank and in hand | 54/58 | €72,910 | €86,856 | +€13,946 | +19.1% |
| Deferred charges and accrued income | 490/1 | €183 | €216 | +€33 | +18.0% |
| Total equity and liabilities | 10/49 | €84,026 | €219,960 | +€135,933 | +162% |
| Equity | 10/15 | €45,630 | €109,987 | +€64,358 | +141% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,130 | €106,487 | +€64,358 | +153% |
| Amounts payable | 17/49 | €38,397 | €109,973 | +€71,576 | +186% |
| Amounts payable after more than one year | 17 | - | €71,415 | +€71,415 | |
| Financial debts | 170/4 | - | €71,415 | +€71,415 | |
| Amounts payable within one year | 42/48 | €38,167 | €38,558 | +€391 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | - | €3,586 | +€3,586 | |
| Trade debts | 44 | €792 | €220 | -€571 | -72.2% |
| Suppliers | 440/4 | €792 | €220 | -€571 | -72.2% |
| Taxes, remuneration and social security | 45 | €19,275 | €29,951 | +€10,676 | +55.4% |
| Taxes | 450/3 | €19,275 | €28,451 | +€9,176 | +47.6% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €18,100 | €4,800 | -€13,300 | -73.5% |
| Accrued charges and deferred income | 492/3 | €230 | - | -€230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,354 | €5,025 | +€671 | +15.4% |
| Other operating charges | 640/8 | €391 | €11,068 | +€10,677 | +2,731% |
| Gross operating margin | 9900 | €58,579 | €97,707 | +€39,128 | +66.8% |
| Operating profit (loss) | 9901 | €53,834 | €81,614 | +€27,780 | +51.6% |
| Financial income | 75/76B | - | €208 | +€208 | |
| Recurring financial income | 75 | - | €208 | +€208 | |
| Financial charges | 65/66B | €57 | €172 | +€115 | +203% |
| Recurring financial charges | 65 | €57 | €172 | +€115 | +203% |
| Profit (loss) for the period before taxes | 9903 | €53,777 | €81,649 | +€27,872 | +51.8% |
| Income taxes | 67/77 | €11,648 | €17,291 | +€5,644 | +48.5% |
| Profit (loss) for the period | 9904 | €42,130 | €64,358 | +€22,228 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,130 | €64,358 | +€22,228 | +52.8% |
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 19 October 2026 via checked.be.