Pastelle: 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.
Pastelle
Largest movements
- Cash +€37,441
up €37,441 (+366%), from €10,222 to €47,663
mainly Tax, wage and social debts (+€64,084) and Depreciation (+€39,981)
- Stocks and contracts +€27,058
up €27,058 (+44.8%), from €60,381 to €87,439
- Tangible fixed assets -€25,845
down €25,845 (-10.6%), from €243,434 to €217,589
of which Other tangible fixed assets: -€15,489
- Financial fixed assets +€5,250
new in 2025: €5,250
- Tax, wage and social debts +€64,084
up €64,084 (+208%), from €30,784 to €94,868
of which Taxes: +€42,455
- Profit (loss) carried forward +€28,766
up €28,766 (+39.3%), from -€73,253 to -€44,487
- Trade debts -€28,056
down €28,056 (-77.1%), from €36,376 to €8,320
- Other debts -€14,161
down €14,161 (-5.7%), from €249,329 to €235,168
- Current portion of long-term debt -€7,056
down €7,056 (-20.7%), from €34,154 to €27,098
- Gross operating margin +€130,941
up €130,941 (+96.0%), from €136,460 to €267,402
- Staff costs +€48,082
up €48,082 (+33.9%), from €141,883 to €189,965
- Depreciation -€7,491
down €7,491 (-15.8%), from €47,472 to €39,981
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 | €314,037 | €359,689 | +€45,652 | +14.5% |
| Fixed assets | 21/28 | €243,434 | €222,839 | -€20,595 | -8.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €243,434 | €217,589 | -€25,845 | -10.6% |
| Plant, machinery and equipment | 23 | €41,317 | €39,160 | -€2,156 | -5.2% |
| Furniture and vehicles | 24 | €68,583 | €60,384 | -€8,199 | -12.0% |
| Other tangible fixed assets | 26 | €133,534 | €118,045 | -€15,489 | -11.6% |
| Financial fixed assets | 28 | - | €5,250 | +€5,250 | |
| Current assets | 29/58 | €70,603 | €136,849 | +€66,247 | +93.8% |
| Stocks and contracts in progress | 3 | €60,381 | €87,439 | +€27,058 | +44.8% |
| Stocks | 30/36 | €60,381 | €87,439 | +€27,058 | +44.8% |
| Amounts receivable within one year | 40/41 | - | €1,748 | +€1,748 | |
| Trade receivables | 40 | - | €210 | +€210 | |
| Other amounts receivable | 41 | - | €1,538 | +€1,538 | |
| Cash at bank and in hand | 54/58 | €10,222 | €47,663 | +€37,441 | +366% |
| Total equity and liabilities | 10/49 | €314,037 | €359,689 | +€45,652 | +14.5% |
| Equity | 10/15 | -€68,253 | -€39,487 | +€28,766 | +42.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,253 | -€44,487 | +€28,766 | +39.3% |
| Amounts payable | 17/49 | €382,290 | €399,176 | +€16,886 | +4.4% |
| Amounts payable after more than one year | 17 | €31,647 | €33,722 | +€2,075 | +6.6% |
| Financial debts | 170/4 | €31,647 | €33,722 | +€2,075 | +6.6% |
| Amounts payable within one year | 42/48 | €350,643 | €365,454 | +€14,811 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €34,154 | €27,098 | -€7,056 | -20.7% |
| Trade debts | 44 | €36,376 | €8,320 | -€28,056 | -77.1% |
| Suppliers | 440/4 | €36,376 | €8,320 | -€28,056 | -77.1% |
| Taxes, remuneration and social security | 45 | €30,784 | €94,868 | +€64,084 | +208% |
| Taxes | 450/3 | €13,468 | €55,922 | +€42,455 | +315% |
| Remuneration and social security | 454/9 | €17,317 | €38,945 | +€21,629 | +125% |
| Other amounts payable | 47/48 | €249,329 | €235,168 | -€14,161 | -5.7% |
| Remuneration, social security and pensions | 62 | €141,883 | €189,965 | +€48,082 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,472 | €39,981 | -€7,491 | -15.8% |
| Other operating charges | 640/8 | €1,333 | €3,719 | +€2,386 | +179% |
| Gross operating margin | 9900 | €136,460 | €267,402 | +€130,941 | +96.0% |
| Operating profit (loss) | 9901 | -€54,228 | €33,737 | +€87,965 | |
| Financial income | 75/76B | €10 | €125 | +€115 | +1,151% |
| Recurring financial income | 75 | €10 | €125 | +€115 | +1,151% |
| Financial charges | 65/66B | €5,202 | €4,963 | -€238 | -4.6% |
| Recurring financial charges | 65 | €5,202 | €4,963 | -€238 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€59,420 | €28,899 | +€88,319 | |
| Income taxes | 67/77 | €243 | €133 | -€109 | -45.1% |
| Profit (loss) for the period | 9904 | -€59,662 | €28,766 | +€88,428 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,662 | €28,766 | +€88,428 |
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 24 October 2026 via checked.be.