Pascal Extra: 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 Extra
Largest movements
- Receivables within one year -€44,472
down €44,472 (-44.3%), from €100,345 to €55,874
of which Trade receivables: -€44,093
- Stocks and contracts +€21,498
new in 2025: €21,498
- Tangible fixed assets -€8,460
down €8,460 (-24.6%), from €34,414 to €25,954
of which Leasing and similar rights: -€11,308
- Cash +€5,014
up €5,014 (+38.5%), from €13,035 to €18,048
mainly Receivables within one year (+€44,472) and Depreciation (+€15,513)
- Tax, wage and social debts -€9,494
down €9,494 (-25.5%), from €37,189 to €27,695
of which Taxes: -€9,141
- Trade debts -€7,926
down €7,926 (-17.0%), from €46,528 to €38,601
- Profit (loss) carried forward -€6,941
down €6,941 (-26.6%), from €26,050 to €19,109
- Current portion of long-term debt -€3,360
down €3,360 (-29.6%), from €11,339 to €7,979
- Other debts +€3,010
up €3,010 (+64.4%), from €4,675 to €7,685
- Gross operating margin -€18,933
down €18,933 (-45.1%), from €41,984 to €23,051
- Taxes -€3,342
no longer reported in 2025 (was €3,342)
- Staff costs +€2,186
up €2,186 (+28.1%), from €7,773 to €9,958
- Depreciation -€1,339
down €1,339 (-7.9%), from €16,852 to €15,513
- Financial charges +€992
up €992 (+39.6%), from €2,502 to €3,493
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 | €148,389 | €121,896 | -€26,493 | -17.9% |
| Fixed assets | 21/28 | €34,414 | €25,954 | -€8,460 | -24.6% |
| Tangible fixed assets | 22/27 | €34,414 | €25,954 | -€8,460 | -24.6% |
| Plant, machinery and equipment | 23 | €4,481 | €6,512 | +€2,031 | +45.3% |
| Furniture and vehicles | 24 | €822 | €1,640 | +€818 | +99.6% |
| Leasing and similar rights | 25 | €29,111 | €17,802 | -€11,308 | -38.8% |
| Current assets | 29/58 | €113,975 | €95,941 | -€18,034 | -15.8% |
| Stocks and contracts in progress | 3 | - | €21,498 | +€21,498 | |
| Contracts in progress | 37 | - | €21,498 | +€21,498 | |
| Amounts receivable within one year | 40/41 | €100,345 | €55,874 | -€44,472 | -44.3% |
| Trade receivables | 40 | €92,412 | €48,319 | -€44,093 | -47.7% |
| Other amounts receivable | 41 | €7,933 | €7,555 | -€378 | -4.8% |
| Cash at bank and in hand | 54/58 | €13,035 | €18,048 | +€5,014 | +38.5% |
| Deferred charges and accrued income | 490/1 | €595 | €521 | -€74 | -12.4% |
| Total equity and liabilities | 10/49 | €148,389 | €121,896 | -€26,493 | -17.9% |
| Equity | 10/15 | €31,050 | €24,109 | -€6,941 | -22.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,050 | €19,109 | -€6,941 | -26.6% |
| Amounts payable | 17/49 | €117,339 | €97,787 | -€19,552 | -16.7% |
| Amounts payable after more than one year | 17 | €17,608 | €14,677 | -€2,931 | -16.6% |
| Financial debts | 170/4 | €17,608 | €14,677 | -€2,931 | -16.6% |
| Amounts payable within one year | 42/48 | €99,730 | €81,959 | -€17,771 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €11,339 | €7,979 | -€3,360 | -29.6% |
| Trade debts | 44 | €46,528 | €38,601 | -€7,926 | -17.0% |
| Suppliers | 440/4 | €46,528 | €38,601 | -€7,926 | -17.0% |
| Taxes, remuneration and social security | 45 | €37,189 | €27,695 | -€9,494 | -25.5% |
| Taxes | 450/3 | €36,326 | €27,185 | -€9,141 | -25.2% |
| Remuneration and social security | 454/9 | €863 | €510 | -€353 | -40.9% |
| Other amounts payable | 47/48 | €4,675 | €7,685 | +€3,010 | +64.4% |
| Accrued charges and deferred income | 492/3 | - | €1,150 | +€1,150 | |
| Remuneration, social security and pensions | 62 | €7,773 | €9,958 | +€2,186 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,852 | €15,513 | -€1,339 | -7.9% |
| Other operating charges | 640/8 | €437 | €375 | -€61 | -14.1% |
| Gross operating margin | 9900 | €41,984 | €23,051 | -€18,933 | -45.1% |
| Operating profit (loss) | 9901 | €16,923 | -€2,795 | -€19,719 | |
| Financial income | 75/76B | €242 | €180 | -€62 | -25.6% |
| Recurring financial income | 75 | €242 | €180 | -€62 | -25.6% |
| Financial charges | 65/66B | €2,502 | €3,493 | +€992 | +39.6% |
| Recurring financial charges | 65 | €2,502 | €3,493 | +€992 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €14,664 | -€6,108 | -€20,772 | |
| Income taxes | 67/77 | €3,342 | - | -€3,342 | |
| Profit (loss) for the period | 9904 | €11,322 | -€6,108 | -€17,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,322 | -€6,108 | -€17,431 |
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 10 October 2026 via checked.be.