Pastec: 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.
Pastec
Largest movements
- Tangible fixed assets -€2,733
down €2,733 (-43.0%), from €6,359 to €3,626
of which Land and buildings: -€1,690
- Cash -€1,616
down €1,616 (-17.6%), from €9,177 to €7,562
mainly Net result for the year (-€5,318) and Stocks and contracts (-€491)
- Stocks and contracts +€491
up €491 (+150%), from €328 to €819
- Receivables within one year +€452
up €452 (+46.8%), from €968 to €1,420
of which Trade receivables: +€1,087
- Profit (loss) carried forward -€5,318
down €5,318 (-97.3%), from €5,468 to €150
- Trade debts +€1,577
up €1,577 (+270%), from €585 to €2,162
- Other debts +€809
new in 2025: €809
- Tax, wage and social debts -€471
down €471 (-16.9%), from €2,790 to €2,319
of which Taxes: -€543
- Staff costs -€3,091
down €3,091 (-98.2%), from €3,147 to €56
- Gross operating margin -€2,231
down €2,231 (-59.1%), from €3,776 to €1,545
- Other operating charges +€863
up €863 (+28.7%), from €3,012 to €3,875
- Financial charges -€167
down €167 (-44.6%), from €374 to €207
of which Financial charges: -€150
- Depreciation -€119
down €119 (-4.2%), from €2,852 to €2,733
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 | €16,902 | €13,499 | -€3,403 | -20.1% |
| Fixed assets | 21/28 | €6,359 | €3,626 | -€2,733 | -43.0% |
| Tangible fixed assets | 22/27 | €6,359 | €3,626 | -€2,733 | -43.0% |
| Land and buildings | 22 | €4,224 | €2,534 | -€1,690 | -40.0% |
| Plant, machinery and equipment | 23 | €1,520 | €912 | -€608 | -40.0% |
| Furniture and vehicles | 24 | €616 | €180 | -€436 | -70.8% |
| Current assets | 29/58 | €10,543 | €9,873 | -€670 | -6.4% |
| Stocks and contracts in progress | 3 | €328 | €819 | +€491 | +150% |
| Stocks | 30/36 | €328 | €819 | +€491 | +150% |
| Amounts receivable within one year | 40/41 | €968 | €1,420 | +€452 | +46.8% |
| Trade receivables | 40 | €333 | €1,420 | +€1,087 | +327% |
| Other amounts receivable | 41 | €635 | €0 | -€635 | -100% |
| Cash at bank and in hand | 54/58 | €9,177 | €7,562 | -€1,616 | -17.6% |
| Deferred charges and accrued income | 490/1 | €70 | €72 | +€2 | +3.0% |
| Total equity and liabilities | 10/49 | €16,902 | €13,499 | -€3,403 | -20.1% |
| Equity | 10/15 | €13,527 | €8,209 | -€5,318 | -39.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,468 | €150 | -€5,318 | -97.3% |
| Amounts payable | 17/49 | €3,375 | €5,290 | +€1,915 | +56.7% |
| Amounts payable within one year | 42/48 | €3,375 | €5,290 | +€1,915 | +56.7% |
| Trade debts | 44 | €585 | €2,162 | +€1,577 | +270% |
| Suppliers | 440/4 | €585 | €2,162 | +€1,577 | +270% |
| Taxes, remuneration and social security | 45 | €2,790 | €2,319 | -€471 | -16.9% |
| Taxes | 450/3 | €1,112 | €569 | -€543 | -48.8% |
| Remuneration and social security | 454/9 | €1,679 | €1,750 | +€71 | +4.2% |
| Other amounts payable | 47/48 | - | €809 | +€809 | |
| Remuneration, social security and pensions | 62 | €3,147 | €56 | -€3,091 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,852 | €2,733 | -€119 | -4.2% |
| Other operating charges | 640/8 | €3,012 | €3,875 | +€863 | +28.7% |
| Gross operating margin | 9900 | €3,776 | €1,545 | -€2,231 | -59.1% |
| Operating profit (loss) | 9901 | -€5,235 | -€5,119 | +€116 | +2.2% |
| Financial income | 75/76B | €252 | €146 | -€106 | -42.1% |
| Recurring financial income | 75 | €252 | €146 | -€106 | -42.1% |
| Financial charges | 65/66B | €374 | €207 | -€167 | -44.6% |
| Recurring financial charges | 65 | €357 | €207 | -€150 | -42.0% |
| Non-recurring financial charges | 66B | €17 | €0 | -€17 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€5,357 | -€5,180 | +€177 | +3.3% |
| Income taxes | 67/77 | €140 | €138 | -€2 | -1.1% |
| Profit (loss) for the period | 9904 | -€5,496 | -€5,318 | +€178 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,496 | -€5,318 | +€178 | +3.2% |
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.