PASTU CONSULT: what changed
PASTU CONSULT
Largest movements
- Cash +€191,479
up €191,479 (+113%), from €169,341 to €360,819
mainly Current investments (+€130,000) and Net result for the year (+€123,674)
- Current investments -€130,000
no longer reported in 2025 (was €130,000)
- Receivables within one year -€114,775
down €114,775 (-87.9%), from €130,542 to €15,767
of which Trade receivables: -€118,163
- Tangible fixed assets -€14,816
down €14,816 (-5.0%), from €294,862 to €280,047
of which Land and buildings: -€13,488
- Reserves +€123,674
up €123,674 (+40.5%), from €305,502 to €429,176
- Trade debts -€115,371
down €115,371 (-93.5%), from €123,388 to €8,017
- Other debts -€42,616
down €42,616 (-94.4%), from €45,134 to €2,518
- Debts after one year -€31,832
down €31,832 (-24.5%), from €129,964 to €98,132
of which Financial debts: -€31,832
- Tax, wage and social debts -€8,253
down €8,253 (-63.8%), from €12,935 to €4,682
- Gross operating margin +€91,884
up €91,884 (+69.0%), from €133,255 to €225,139
- Taxes +€28,764
up €28,764 (+103%), from €27,968 to €56,733
- Other operating charges -€7,338
down €7,338 (-64.5%), from €11,375 to €4,037
- Financial charges +€4,925
up €4,925 (+59.5%), from €8,284 to €13,210
- Depreciation +€4,870
up €4,870 (+19.8%), from €24,643 to €29,513
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €731,407 | €663,963 | -€67,443 | -9.2% |
| Fixed assets | 21/28 | €298,708 | €283,893 | -€14,816 | -5.0% |
| Tangible fixed assets | 22/27 | €294,862 | €280,047 | -€14,816 | -5.0% |
| Land and buildings | 22 | €221,189 | €207,701 | -€13,488 | -6.1% |
| Plant, machinery and equipment | 23 | €21,297 | €24,891 | +€3,594 | +16.9% |
| Furniture and vehicles | 24 | €51,001 | €47,082 | -€3,919 | -7.7% |
| Other tangible fixed assets | 26 | €1,375 | €373 | -€1,002 | -72.9% |
| Financial fixed assets | 28 | €3,846 | €3,846 | = | 0.0% |
| Current assets | 29/58 | €432,698 | €380,071 | -€52,628 | -12.2% |
| Amounts receivable within one year | 40/41 | €130,542 | €15,767 | -€114,775 | -87.9% |
| Trade receivables | 40 | €128,379 | €10,216 | -€118,163 | -92.0% |
| Other amounts receivable | 41 | €2,162 | €5,551 | +€3,389 | +157% |
| Current investments | 50/53 | €130,000 | - | -€130,000 | |
| Cash at bank and in hand | 54/58 | €169,341 | €360,819 | +€191,479 | +113% |
| Deferred charges and accrued income | 490/1 | €2,816 | €3,485 | +€669 | +23.7% |
| Total equity and liabilities | 10/49 | €731,407 | €663,963 | -€67,443 | -9.2% |
| Equity | 10/15 | €317,902 | €441,576 | +€123,674 | +38.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €305,502 | €429,176 | +€123,674 | +40.5% |
| Distributable reserves | 133 | €305,502 | €429,176 | +€123,674 | +40.5% |
| Amounts payable | 17/49 | €413,504 | €222,388 | -€191,117 | -46.2% |
| Amounts payable after more than one year | 17 | €129,964 | €98,132 | -€31,832 | -24.5% |
| Financial debts | 170/4 | €128,664 | €96,832 | -€31,832 | -24.7% |
| Other amounts payable | 178/9 | €1,300 | €1,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €212,400 | €46,522 | -€165,879 | -78.1% |
| Current portion of amounts payable after more than one year | 42 | €30,944 | €31,304 | +€360 | +1.2% |
| Trade debts | 44 | €123,388 | €8,017 | -€115,371 | -93.5% |
| Suppliers | 440/4 | €123,388 | €8,017 | -€115,371 | -93.5% |
| Taxes, remuneration and social security | 45 | €12,935 | €4,682 | -€8,253 | -63.8% |
| Taxes | 450/3 | €12,935 | €4,682 | -€8,253 | -63.8% |
| Other amounts payable | 47/48 | €45,134 | €2,518 | -€42,616 | -94.4% |
| Accrued charges and deferred income | 492/3 | €71,140 | €77,734 | +€6,594 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,643 | €29,513 | +€4,870 | +19.8% |
| Other operating charges | 640/8 | €11,375 | €4,037 | -€7,338 | -64.5% |
| Gross operating margin | 9900 | €133,255 | €225,139 | +€91,884 | +69.0% |
| Operating profit (loss) | 9901 | €97,237 | €191,588 | +€94,352 | +97.0% |
| Financial income | 75/76B | €1,594 | €2,027 | +€433 | +27.2% |
| Recurring financial income | 75 | €1,594 | €2,027 | +€433 | +27.2% |
| Financial charges | 65/66B | €8,284 | €13,210 | +€4,925 | +59.5% |
| Recurring financial charges | 65 | €8,284 | €13,210 | +€4,925 | +59.5% |
| Profit (loss) for the period before taxes | 9903 | €90,546 | €180,406 | +€89,860 | +99.2% |
| Income taxes | 67/77 | €27,968 | €56,733 | +€28,764 | +103% |
| Profit (loss) for the period | 9904 | €62,578 | €123,674 | +€61,095 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,578 | €123,674 | +€61,095 | +97.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.