PASCALE DELCOR: 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 DELCOR
Largest movements
- Cash +€18,615
up €18,615 (+4,285%), from €434 to €19,050
mainly Net result for the year (+€81,026) and Tax, wage and social debts (+€24,207)
- Receivables within one year -€12,541
down €12,541 (-23.4%), from €53,497 to €40,956
of which Other amounts receivable: -€23,366
- Tax, wage and social debts +€24,207
up €24,207 (+76.1%), from €31,819 to €56,026
- Profit (loss) carried forward -€18,974
down €18,974 (-99.3%), from €19,113 to €139
- Trade debts +€841
up €841, from €0 to €841
- Gross operating margin +€39,300
up €39,300 (+65.1%), from €60,351 to €99,651
- Taxes +€5,539
up €5,539 (+44.8%), from €12,359 to €17,899
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 | €53,932 | €60,006 | +€6,075 | +11.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €53,932 | €60,006 | +€6,075 | +11.3% |
| Amounts receivable within one year | 40/41 | €53,497 | €40,956 | -€12,541 | -23.4% |
| Trade receivables | 40 | €22,567 | €33,392 | +€10,825 | +48.0% |
| Other amounts receivable | 41 | €30,930 | €7,564 | -€23,366 | -75.5% |
| Cash at bank and in hand | 54/58 | €434 | €19,050 | +€18,615 | +4,285% |
| Total equity and liabilities | 10/49 | €53,932 | €60,006 | +€6,075 | +11.3% |
| Equity | 10/15 | €22,113 | €3,139 | -€18,974 | -85.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €19,113 | €139 | -€18,974 | -99.3% |
| Amounts payable | 17/49 | €31,819 | €56,867 | +€25,048 | +78.7% |
| Amounts payable within one year | 42/48 | €31,819 | €56,867 | +€25,048 | +78.7% |
| Trade debts | 44 | €0 | €841 | +€841 | |
| Suppliers | 440/4 | - | €841 | +€841 | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,819 | €56,026 | +€24,207 | +76.1% |
| Taxes | 450/3 | €31,819 | €56,026 | +€24,207 | +76.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145 | - | -€145 | |
| Other operating charges | 640/8 | €1,105 | €477 | -€628 | -56.9% |
| Gross operating margin | 9900 | €60,351 | €99,651 | +€39,300 | +65.1% |
| Operating profit (loss) | 9901 | €59,101 | €99,174 | +€40,073 | +67.8% |
| Financial charges | 65/66B | €537 | €250 | -€288 | -53.6% |
| Recurring financial charges | 65 | €537 | €250 | -€288 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €58,564 | €98,925 | +€40,361 | +68.9% |
| Income taxes | 67/77 | €12,359 | €17,899 | +€5,539 | +44.8% |
| Profit (loss) for the period | 9904 | €46,205 | €81,026 | +€34,821 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,205 | €81,026 | +€34,821 | +75.4% |
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 20 October 2026 via checked.be.