PASCAL OHN: 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 OHN
Largest movements
- Receivables within one year +€99,393
up €99,393 (+219.5%), from €45,287 to €144,681
of which Trade receivables: +€99,379
- Stocks and contracts -€38,617
down €38,617 (-24.3%), from €158,962 to €120,345
- Cash -€12,885
down €12,885 (-55.3%), from €23,287 to €10,402
mainly Receivables within one year (-€99,393) and Trade debts (-€10,341)
- Tangible fixed assets +€6,361
up €6,361 (+66.6%), from €9,549 to €15,910
of which Furniture and vehicles: +€4,915
- Profit (loss) carried forward +€46,514
up €46,514 (+71.9%), from €64,693 to €111,207
- Tax, wage and social debts +€16,958
up €16,958 (+93.8%), from €18,082 to €35,041
- Short-term financial debts +€11,754
up €11,754 (+39.2%), from €30,000 to €41,754
- Trade debts -€10,341
down €10,341 (-78.4%), from €13,197 to €2,856
- Debts after one year -€10,201
down €10,201 (-62.9%), from €16,219 to €6,018
- Gross operating margin +€17,362
up €17,362 (+28.4%), from €61,058 to €78,421
- Taxes +€4,637
up €4,637 (+39.5%), from €11,747 to €16,384
- Financial charges -€4,025
down €4,025 (-42.6%), from €9,449 to €5,424
- Depreciation +€2,126
up €2,126 (+115.8%), from €1,836 to €3,962
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 | €238,418 | €292,251 | +€53,834 | +22.6% |
| Fixed assets | 21/28 | €9,549 | €15,910 | +€6,361 | +66.6% |
| Tangible fixed assets | 22/27 | €9,549 | €15,910 | +€6,361 | +66.6% |
| Plant, machinery and equipment | 23 | €8,006 | €6,693 | -€1,314 | -16.4% |
| Furniture and vehicles | 24 | - | €4,915 | +€4,915 | |
| Other tangible fixed assets | 26 | €1,542 | €4,303 | +€2,760 | +178.9% |
| Current assets | 29/58 | €228,869 | €276,341 | +€47,472 | +20.7% |
| Stocks and contracts in progress | 3 | €158,962 | €120,345 | -€38,617 | -24.3% |
| Stocks | 30/36 | €158,962 | €120,345 | -€38,617 | -24.3% |
| Amounts receivable within one year | 40/41 | €45,287 | €144,681 | +€99,393 | +219.5% |
| Trade receivables | 40 | €45,287 | €144,667 | +€99,379 | +219.4% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €23,287 | €10,402 | -€12,885 | -55.3% |
| Deferred charges and accrued income | 490/1 | €1,332 | €913 | -€419 | -31.4% |
| Total equity and liabilities | 10/49 | €238,418 | €292,251 | +€53,834 | +22.6% |
| Equity | 10/15 | €89,693 | €136,207 | +€46,514 | +51.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,693 | €111,207 | +€46,514 | +71.9% |
| Amounts payable | 17/49 | €148,724 | €156,044 | +€7,320 | +4.9% |
| Amounts payable after more than one year | 17 | €16,219 | €6,018 | -€10,201 | -62.9% |
| Financial debts | 170/4 | €16,219 | €6,018 | -€10,201 | -62.9% |
| Amounts payable within one year | 42/48 | €110,611 | €124,055 | +€13,444 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €10,046 | €10,201 | +€154 | +1.5% |
| Financial debts | 43 | €30,000 | €41,754 | +€11,754 | +39.2% |
| Credit institutions | 430/8 | €30,000 | €41,754 | +€11,754 | +39.2% |
| Trade debts | 44 | €13,197 | €2,856 | -€10,341 | -78.4% |
| Suppliers | 440/4 | €13,197 | €2,856 | -€10,341 | -78.4% |
| Taxes, remuneration and social security | 45 | €18,082 | €35,041 | +€16,958 | +93.8% |
| Taxes | 450/3 | €18,082 | €35,041 | +€16,958 | +93.8% |
| Other amounts payable | 47/48 | €39,285 | €34,203 | -€5,082 | -12.9% |
| Accrued charges and deferred income | 492/3 | €21,894 | €25,970 | +€4,076 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,836 | €3,962 | +€2,126 | +115.8% |
| Other operating charges | 640/8 | €6,170 | €6,313 | +€143 | +2.3% |
| Gross operating margin | 9900 | €61,058 | €78,421 | +€17,362 | +28.4% |
| Operating profit (loss) | 9901 | €53,052 | €68,146 | +€15,093 | +28.4% |
| Financial income | 75/76B | €544 | €177 | -€367 | -67.5% |
| Recurring financial income | 75 | €544 | €177 | -€367 | -67.5% |
| Financial charges | 65/66B | €9,449 | €5,424 | -€4,025 | -42.6% |
| Recurring financial charges | 65 | €9,449 | €5,424 | -€4,025 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €44,147 | €62,898 | +€18,751 | +42.5% |
| Income taxes | 67/77 | €11,747 | €16,384 | +€4,637 | +39.5% |
| Profit (loss) for the period | 9904 | €32,400 | €46,514 | +€14,114 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,400 | €46,514 | +€14,114 | +43.6% |
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 28 September 2026 via checked.be.