PASCAL ISTA: what changed
Two fiscal 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 ISTA
Largest movements
- Tangible fixed assets -€40,425
down €40,425 (-19.3%), from €209,441 to €169,016
of which Leasing and similar rights: -€34,383
- Cash +€38,335
up €38,335 (+31.6%), from €121,315 to €159,650
mainly Depreciation (+€71,360) and Net result for the year (+€26,595)
- Receivables within one year -€5,687
down €5,687 (-7.8%), from €72,890 to €67,203
of which Other amounts receivable: -€14,905
- Debts after one year -€25,778
down €25,778 (-57.7%), from €44,702 to €18,924
- Reserves +€20,000
up €20,000 (+30.6%), from €65,316 to €85,316
of which Distributable reserves: +€20,000
- Profit (loss) carried forward +€6,595
up €6,595 (+6.4%), from €102,739 to €109,334
- Gross operating margin +€20,006
up €20,006 (+21.4%), from €93,506 to €113,512
- Taxes +€10,729
up €10,729 (+2108.5%), from €509 to €11,238
- Depreciation -€10,211
down €10,211 (-12.5%), from €81,571 to €71,360
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,158 | €404,009 | -€8,149 | -2.0% |
| Fixed assets | 21/28 | €209,761 | €169,336 | -€40,425 | -19.3% |
| Tangible fixed assets | 22/27 | €209,441 | €169,016 | -€40,425 | -19.3% |
| Plant, machinery and equipment | 23 | €13,435 | €14,636 | +€1,201 | +8.9% |
| Furniture and vehicles | 24 | €59,294 | €57,459 | -€1,836 | -3.1% |
| Leasing and similar rights | 25 | €92,117 | €57,734 | -€34,383 | -37.3% |
| Other tangible fixed assets | 26 | €44,595 | €39,187 | -€5,408 | -12.1% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €202,397 | €234,673 | +€32,276 | +15.9% |
| Stocks and contracts in progress | 3 | €5,011 | €5,269 | +€258 | +5.2% |
| Stocks | 30/36 | €5,011 | €5,269 | +€258 | +5.2% |
| Amounts receivable within one year | 40/41 | €72,890 | €67,203 | -€5,687 | -7.8% |
| Trade receivables | 40 | €28,509 | €37,726 | +€9,218 | +32.3% |
| Other amounts receivable | 41 | €44,382 | €29,477 | -€14,905 | -33.6% |
| Cash at bank and in hand | 54/58 | €121,315 | €159,650 | +€38,335 | +31.6% |
| Deferred charges and accrued income | 490/1 | €3,181 | €2,551 | -€630 | -19.8% |
| Total equity and liabilities | 10/49 | €412,158 | €404,009 | -€8,149 | -2.0% |
| Equity | 10/15 | €186,654 | €213,249 | +€26,595 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,316 | €85,316 | +€20,000 | +30.6% |
| Non-distributable reserves | 130/1 | €6,240 | €6,240 | = | 0.0% |
| Legal reserve | 130 | €6,240 | €6,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,076 | €49,076 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €30,000 | +€20,000 | +200.0% |
| Profit (loss) carried forward | 14 | €102,739 | €109,334 | +€6,595 | +6.4% |
| Amounts payable | 17/49 | €225,503 | €190,759 | -€34,744 | -15.4% |
| Amounts payable after more than one year | 17 | €44,702 | €18,924 | -€25,778 | -57.7% |
| Financial debts | 170/4 | €44,702 | €18,924 | -€25,778 | -57.7% |
| Amounts payable within one year | 42/48 | €180,639 | €171,835 | -€8,804 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €28,761 | €25,778 | -€2,983 | -10.4% |
| Trade debts | 44 | €4,266 | €300 | -€3,966 | -93.0% |
| Suppliers | 440/4 | €4,266 | €300 | -€3,966 | -93.0% |
| Taxes, remuneration and social security | 45 | €391 | €2,633 | +€2,242 | +573.8% |
| Taxes | 450/3 | €391 | €2,633 | +€2,242 | +573.8% |
| Other amounts payable | 47/48 | €147,221 | €143,125 | -€4,096 | -2.8% |
| Accrued charges and deferred income | 492/3 | €163 | - | -€163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,571 | €71,360 | -€10,211 | -12.5% |
| Other operating charges | 640/8 | €3,608 | €3,730 | +€122 | +3.4% |
| Gross operating margin | 9900 | €93,506 | €113,512 | +€20,006 | +21.4% |
| Operating profit (loss) | 9901 | €8,327 | €38,422 | +€30,095 | +361.4% |
| Financial income | 75/76B | €408 | €542 | +€134 | +32.9% |
| Recurring financial income | 75 | €408 | €542 | +€134 | +32.9% |
| Financial charges | 65/66B | €1,538 | €1,132 | -€406 | -26.4% |
| Recurring financial charges | 65 | €1,322 | €985 | -€337 | -25.5% |
| Non-recurring financial charges | 66B | €216 | €147 | -€69 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €7,197 | €37,833 | +€30,636 | +425.7% |
| Income taxes | 67/77 | €509 | €11,238 | +€10,729 | +2108.5% |
| Profit (loss) for the period | 9904 | €6,688 | €26,595 | +€19,907 | +297.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,688 | €26,595 | +€19,907 | +297.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.