PASTOR: what changed
Two fiscal 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.
PASTOR
Largest movements
- Receivables within one year +€362,395
up €362,395 (+146.7%), from €247,000 to €609,395
of which Other amounts receivable: +€298,134
- Tangible fixed assets -€178,500
down €178,500 (-5.1%), from €3.5m to €3.3m
- Cash -€165,910
down €165,910 (-81.8%), from €202,742 to €36,832
mainly Debts after one year (-€1.7m) and Receivables within one year (-€362,395)
- Debts after one year -€1.7m
down €1.7m (-79.4%), from €2.1m to €441,579
- Current portion of long-term debt +€1.5m
up €1.5m (+691.7%), from €217,054 to €1.7m
- Profit (loss) carried forward +€143,305
up €143,305 (+137.3%), from €104,402 to €247,707
- Accrued charges and deferred income +€64,149
up €64,149 (+13321.0%), from €482 to €64,630
- Taxes +€20,095
up €20,095 (+71.8%), from €28,000 to €48,095
- Financial charges -€16,981
down €16,981 (-21.7%), from €78,103 to €61,122
- Gross operating margin +€14,840
up €14,840 (+3.1%), from €481,304 to €496,144
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.
Cash bridge derived
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 | €3,965,234 | €3,980,385 | +€15,150 | +0.4% |
| Fixed assets | 21/28 | €3,504,584 | €3,326,084 | -€178,500 | -5.1% |
| Tangible fixed assets | 22/27 | €3,504,584 | €3,326,084 | -€178,500 | -5.1% |
| Land and buildings | 22 | €3,504,584 | €3,326,084 | -€178,500 | -5.1% |
| Current assets | 29/58 | €460,651 | €654,301 | +€193,650 | +42.0% |
| Amounts receivable within one year | 40/41 | €247,000 | €609,395 | +€362,395 | +146.7% |
| Trade receivables | 40 | - | €64,261 | +€64,261 | |
| Other amounts receivable | 41 | €247,000 | €545,134 | +€298,134 | +120.7% |
| Cash at bank and in hand | 54/58 | €202,742 | €36,832 | -€165,910 | -81.8% |
| Deferred charges and accrued income | 490/1 | €10,909 | €8,075 | -€2,834 | -26.0% |
| Total equity and liabilities | 10/49 | €3,965,234 | €3,980,385 | +€15,150 | +0.4% |
| Equity | 10/15 | €1,604,402 | €1,747,707 | +€143,305 | +8.9% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,402 | €247,707 | +€143,305 | +137.3% |
| Amounts payable | 17/49 | €2,360,832 | €2,232,678 | -€128,154 | -5.4% |
| Amounts payable after more than one year | 17 | €2,143,297 | €441,579 | -€1.7m | -79.4% |
| Financial debts | 170/4 | €2,143,297 | €441,579 | -€1.7m | -79.4% |
| Amounts payable within one year | 42/48 | €217,054 | €1,726,469 | +€1.5m | +695.4% |
| Current portion of amounts payable after more than one year | 42 | €217,054 | €1,718,469 | +€1.5m | +691.7% |
| Taxes, remuneration and social security | 45 | - | €8,000 | +€8,000 | |
| Taxes | 450/3 | - | €8,000 | +€8,000 | |
| Accrued charges and deferred income | 492/3 | €482 | €64,630 | +€64,149 | +13321.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,500 | €178,500 | = | 0.0% |
| Other operating charges | 640/8 | €63,662 | €65,122 | +€1,459 | +2.3% |
| Gross operating margin | 9900 | €481,304 | €496,144 | +€14,840 | +3.1% |
| Operating profit (loss) | 9901 | €239,141 | €252,522 | +€13,380 | +5.6% |
| Financial charges | 65/66B | €78,103 | €61,122 | -€16,981 | -21.7% |
| Recurring financial charges | 65 | €78,103 | €61,122 | -€16,981 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €161,038 | €191,400 | +€30,362 | +18.9% |
| Income taxes | 67/77 | €28,000 | €48,095 | +€20,095 | +71.8% |
| Profit (loss) for the period | 9904 | €133,038 | €143,305 | +€10,266 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €133,038 | €143,305 | +€10,266 | +7.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.