PASCALE BARBAIX: 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.
PASCALE BARBAIX
Largest movements
- Cash +€26,258
up €26,258 (+94.8%), from €27,689 to €53,947
mainly Net result for the year (+€25,110) and Depreciation (+€16,285)
- Tangible fixed assets -€15,009
down €15,009 (-53.9%), from €27,831 to €12,821
of which Land and buildings: -€14,202
- Receivables within one year -€7,245
down €7,245 (-16.4%), from €44,290 to €37,045
of which Other amounts receivable: -€6,971
- Deferred charges and accrued income -€2,025
down €2,025 (-100%), from €2,025 to €0
- Reserves +€8,642
up €8,642 (+13.8%), from €62,452 to €71,093
- Debts after one year -€6,539
down €6,539 (-100%), from €6,539 to €0
- Current portion of long-term debt -€6,113
down €6,113 (-48.3%), from €12,652 to €6,539
- Tax, wage and social debts +€3,917
up €3,917 (+65.3%), from €5,995 to €9,912
- Trade debts +€2,073
up €2,073 (+25.9%), from €7,996 to €10,069
- Gross operating margin +€22,336
up €22,336 (+70.4%), from €31,706 to €54,042
- Taxes +€6,089
up €6,089 (+166%), from €3,672 to €9,760
- Financial charges -€727
down €727 (-51.7%), from €1,406 to €679
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 | €101,834 | €103,814 | +€1,979 | +1.9% |
| Fixed assets | 21/28 | €27,831 | €12,821 | -€15,009 | -53.9% |
| Tangible fixed assets | 22/27 | €27,831 | €12,821 | -€15,009 | -53.9% |
| Land and buildings | 22 | €20,027 | €5,825 | -€14,202 | -70.9% |
| Plant, machinery and equipment | 23 | €2,405 | €1,857 | -€548 | -22.8% |
| Furniture and vehicles | 24 | €5,398 | €5,139 | -€259 | -4.8% |
| Current assets | 29/58 | €74,004 | €90,992 | +€16,988 | +23.0% |
| Amounts receivable within one year | 40/41 | €44,290 | €37,045 | -€7,245 | -16.4% |
| Trade receivables | 40 | €32,498 | €32,224 | -€274 | -0.8% |
| Other amounts receivable | 41 | €11,792 | €4,821 | -€6,971 | -59.1% |
| Cash at bank and in hand | 54/58 | €27,689 | €53,947 | +€26,258 | +94.8% |
| Deferred charges and accrued income | 490/1 | €2,025 | €0 | -€2,025 | -100% |
| Total equity and liabilities | 10/49 | €101,834 | €103,814 | +€1,979 | +1.9% |
| Equity | 10/15 | €68,652 | €77,293 | +€8,642 | +12.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,452 | €71,093 | +€8,642 | +13.8% |
| Distributable reserves | 133 | €62,452 | €71,093 | +€8,642 | +13.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,183 | €26,520 | -€6,662 | -20.1% |
| Amounts payable after more than one year | 17 | €6,539 | €0 | -€6,539 | -100% |
| Financial debts | 170/4 | €6,539 | €0 | -€6,539 | -100% |
| Amounts payable within one year | 42/48 | €26,644 | €26,520 | -€123 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €12,652 | €6,539 | -€6,113 | -48.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €7,996 | €10,069 | +€2,073 | +25.9% |
| Suppliers | 440/4 | €7,996 | €10,069 | +€2,073 | +25.9% |
| Taxes, remuneration and social security | 45 | €5,995 | €9,912 | +€3,917 | +65.3% |
| Taxes | 450/3 | €5,995 | €9,912 | +€3,917 | +65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,785 | €16,285 | +€500 | +3.2% |
| Other operating charges | 640/8 | €1,877 | €2,212 | +€335 | +17.8% |
| Gross operating margin | 9900 | €31,706 | €54,042 | +€22,336 | +70.4% |
| Operating profit (loss) | 9901 | €14,043 | €35,545 | +€21,501 | +153% |
| Financial income | 75/76B | €56 | €5 | -€51 | -91.0% |
| Recurring financial income | 75 | €56 | €5 | -€51 | -91.0% |
| Financial charges | 65/66B | €1,406 | €679 | -€727 | -51.7% |
| Recurring financial charges | 65 | €1,406 | €679 | -€727 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €12,693 | €34,870 | +€22,178 | +175% |
| Income taxes | 67/77 | €3,672 | €9,760 | +€6,089 | +166% |
| Profit (loss) for the period | 9904 | €9,021 | €25,110 | +€16,089 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €9,021 | €25,110 | +€16,089 | +178% |
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 28 October 2026 via checked.be.