PASTROEL: 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.
PASTROEL
Largest movements
- Tangible fixed assets -€18,174
down €18,174 (-2.3%), from €793,269 to €775,096
of which Land and buildings: -€33,955
- Receivables within one year +€16,578
up €16,578 (+189%), from €8,760 to €25,338
of which Trade receivables: +€16,578
- Cash -€11,004
down €11,004 (-42.6%), from €25,810 to €14,806
mainly Debts after one year (-€26,667) and Receivables within one year (-€16,578)
- Debts after one year -€26,667
down €26,667 (-13.5%), from €197,778 to €171,111
- Profit (loss) carried forward +€19,928
up €19,928 (+95.5%), from -€20,866 to -€939
- Financial charges -€3,160
down €3,160 (-17.6%), from €17,955 to €14,795
- Gross operating margin -€1,366
down €1,366 (-1.8%), from €75,463 to €74,097
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 | €830,449 | €817,849 | -€12,600 | -1.5% |
| Fixed assets | 21/28 | €795,879 | €777,706 | -€18,174 | -2.3% |
| Tangible fixed assets | 22/27 | €793,269 | €775,096 | -€18,174 | -2.3% |
| Land and buildings | 22 | €793,269 | €759,315 | -€33,955 | -4.3% |
| Furniture and vehicles | 24 | - | €15,781 | +€15,781 | |
| Financial fixed assets | 28 | €2,610 | €2,610 | = | 0.0% |
| Current assets | 29/58 | €34,570 | €40,144 | +€5,574 | +16.1% |
| Amounts receivable within one year | 40/41 | €8,760 | €25,338 | +€16,578 | +189% |
| Trade receivables | 40 | €8,760 | €25,338 | +€16,578 | +189% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €25,810 | €14,806 | -€11,004 | -42.6% |
| Total equity and liabilities | 10/49 | €830,449 | €817,849 | -€12,600 | -1.5% |
| Equity | 10/15 | €439,134 | €459,061 | +€19,928 | +4.5% |
| Contributions | 10/11 | €460,000 | €460,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,866 | -€939 | +€19,928 | +95.5% |
| Amounts payable | 17/49 | €391,316 | €358,788 | -€32,528 | -8.3% |
| Amounts payable after more than one year | 17 | €197,778 | €171,111 | -€26,667 | -13.5% |
| Financial debts | 170/4 | €197,778 | €171,111 | -€26,667 | -13.5% |
| Amounts payable within one year | 42/48 | €178,974 | €175,755 | -€3,218 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €26,667 | €26,667 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,420 | €2,216 | -€3,204 | -59.1% |
| Taxes | 450/3 | €5,420 | €2,216 | -€3,204 | -59.1% |
| Other amounts payable | 47/48 | €146,887 | €146,872 | -€15 | 0.0% |
| Accrued charges and deferred income | 492/3 | €14,564 | €11,922 | -€2,643 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,955 | €34,474 | +€520 | +1.5% |
| Other operating charges | 640/8 | €4,467 | €4,901 | +€433 | +9.7% |
| Gross operating margin | 9900 | €75,463 | €74,097 | -€1,366 | -1.8% |
| Operating profit (loss) | 9901 | €37,041 | €34,722 | -€2,319 | -6.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €17,955 | €14,795 | -€3,160 | -17.6% |
| Recurring financial charges | 65 | €17,955 | €14,795 | -€3,160 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €19,087 | €19,928 | +€841 | +4.4% |
| Profit (loss) for the period | 9904 | €19,087 | €19,928 | +€841 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,087 | €19,928 | +€841 | +4.4% |
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 19 October 2026 via checked.be.