Pavilion: 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.
Pavilion
Largest movements
- Financial fixed assets -€13,238
down €13,238 (-100%), from €13,238 to €0
- Cash +€186
up €186 (+100%), from €186 to €372
mainly Investment in fixed assets (net) (+€13,238)
- Profit (loss) carried forward -€10,102
down €10,102 (-16.8%), from -€60,145 to -€70,248
- Trade debts -€2,829
down €2,829 (-27.8%), from €10,192 to €7,363
- Financial charges +€1,323
up €1,323 (+393%), from €336 to €1,659
of which Non-recurring financial charges: +€1,317
- Financial income -€278
down €278 (-32.4%), from €856 to €578
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 | €13,424 | €372 | -€13,052 | -97.2% |
| Fixed assets | 21/28 | €13,238 | €0 | -€13,238 | -100% |
| Financial fixed assets | 28 | €13,238 | €0 | -€13,238 | -100% |
| Current assets | 29/58 | €186 | €372 | +€186 | +100% |
| Cash at bank and in hand | 54/58 | €186 | €372 | +€186 | +100% |
| Total equity and liabilities | 10/49 | €13,424 | €372 | -€13,052 | -97.2% |
| Equity | 10/15 | €3,105 | -€6,998 | -€10,102 | |
| Contributions | 10/11 | €63,250 | €63,250 | = | 0.0% |
| Capital | 10 | €63,250 | €63,250 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Uncalled capital | 101 | €186,750 | €186,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,145 | -€70,248 | -€10,102 | -16.8% |
| Amounts payable | 17/49 | €10,320 | €7,370 | -€2,950 | -28.6% |
| Amounts payable within one year | 42/48 | €10,199 | €7,370 | -€2,829 | -27.7% |
| Trade debts | 44 | €10,192 | €7,363 | -€2,829 | -27.8% |
| Suppliers | 440/4 | €10,192 | €7,363 | -€2,829 | -27.8% |
| Other amounts payable | 47/48 | €7 | €7 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €121 | - | -€121 | |
| Other operating charges | 640/8 | €513 | €558 | +€45 | +8.7% |
| Gross operating margin | 9900 | -€8,427 | -€8,463 | -€36 | -0.4% |
| Operating profit (loss) | 9901 | -€8,940 | -€9,021 | -€81 | -0.9% |
| Financial income | 75/76B | €856 | €578 | -€278 | -32.4% |
| Recurring financial income | 75 | €856 | €578 | -€278 | -32.4% |
| Financial charges | 65/66B | €336 | €1,659 | +€1,323 | +393% |
| Recurring financial charges | 65 | €336 | €343 | +€6 | +1.9% |
| Non-recurring financial charges | 66B | - | €1,317 | +€1,317 | |
| Profit (loss) for the period before taxes | 9903 | -€8,421 | -€10,102 | -€1,682 | -20.0% |
| Profit (loss) for the period | 9904 | -€8,421 | -€10,102 | -€1,682 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,421 | -€10,102 | -€1,682 | -20.0% |
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 15 October 2026 via checked.be.