Paschalis Lois: 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.
Paschalis Lois
Largest movements
- Cash +€22,682
up €22,682 (+11.2%), from €201,998 to €224,680
mainly Net result for the year (+€218,811) and Tax, wage and social debts (+€37,085)
- Receivables within one year +€20,918
up €20,918 (+118%), from €17,711 to €38,629
of which Other amounts receivable: +€17,686
- Intangible fixed assets -€6,283
no longer reported in 2025 (was €6,283)
- Tangible fixed assets +€3,140
up €3,140 (+573%), from €548 to €3,688
- Tax, wage and social debts +€37,085
up €37,085 (+121%), from €30,590 to €67,675
- Other debts +€5,146
up €5,146 (+2.8%), from €183,000 to €188,146
- Reserves -€3,689
down €3,689 (-70.4%), from €5,238 to €1,550
- Gross operating margin +€40,671
up €40,671 (+16.1%), from €253,036 to €293,707
- Taxes +€9,856
up €9,856 (+17.1%), from €57,624 to €67,480
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 | €226,540 | €267,003 | +€40,464 | +17.9% |
| Fixed assets | 21/28 | €6,831 | €3,688 | -€3,144 | -46.0% |
| Intangible fixed assets | 21 | €6,283 | - | -€6,283 | |
| Tangible fixed assets | 22/27 | €548 | €3,688 | +€3,140 | +573% |
| Furniture and vehicles | 24 | €548 | €3,688 | +€3,140 | +573% |
| Current assets | 29/58 | €219,709 | €263,316 | +€43,607 | +19.8% |
| Amounts receivable within one year | 40/41 | €17,711 | €38,629 | +€20,918 | +118% |
| Trade receivables | 40 | €2,877 | €6,109 | +€3,232 | +112% |
| Other amounts receivable | 41 | €14,834 | €32,520 | +€17,686 | +119% |
| Cash at bank and in hand | 54/58 | €201,998 | €224,680 | +€22,682 | +11.2% |
| Deferred charges and accrued income | 490/1 | - | €7 | +€7 | |
| Total equity and liabilities | 10/49 | €226,540 | €267,003 | +€40,464 | +17.9% |
| Equity | 10/15 | €7,738 | €4,050 | -€3,689 | -47.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €5,238 | €1,550 | -€3,689 | -70.4% |
| Distributable reserves | 133 | €5,238 | €1,550 | -€3,689 | -70.4% |
| Amounts payable | 17/49 | €218,801 | €262,954 | +€44,152 | +20.2% |
| Amounts payable within one year | 42/48 | €218,801 | €262,954 | +€44,152 | +20.2% |
| Trade debts | 44 | €5,211 | €7,132 | +€1,921 | +36.9% |
| Suppliers | 440/4 | €5,211 | €7,132 | +€1,921 | +36.9% |
| Taxes, remuneration and social security | 45 | €30,590 | €67,675 | +€37,085 | +121% |
| Taxes | 450/3 | €30,590 | €67,675 | +€37,085 | +121% |
| Other amounts payable | 47/48 | €183,000 | €188,146 | +€5,146 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,552 | €6,646 | +€95 | +1.4% |
| Other operating charges | 640/8 | €387 | €590 | +€202 | +52.3% |
| Gross operating margin | 9900 | €253,036 | €293,707 | +€40,671 | +16.1% |
| Operating profit (loss) | 9901 | €246,097 | €286,471 | +€40,374 | +16.4% |
| Financial income | 75/76B | €130 | €1 | -€130 | -99.4% |
| Recurring financial income | 75 | €130 | €1 | -€130 | -99.4% |
| Financial charges | 65/66B | €365 | €181 | -€184 | -50.5% |
| Recurring financial charges | 65 | €365 | €181 | -€184 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €245,862 | €286,292 | +€40,429 | +16.4% |
| Income taxes | 67/77 | €57,624 | €67,480 | +€9,856 | +17.1% |
| Profit (loss) for the period | 9904 | €188,238 | €218,811 | +€30,573 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €188,238 | €218,811 | +€30,573 | +16.2% |
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 19 October 2026 via checked.be.