PAVILLON BLEU SPRL: 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.
PAVILLON BLEU SPRL
Largest movements
- Receivables within one year -€2,895
down €2,895 (-81.6%), from €3,546 to €651
of which Other amounts receivable: -€2,417
- Cash -€2,789
down €2,789 (-75.8%), from €3,681 to €892
mainly Net result for the year (-€6,458) and Current portion of long-term debt (-€1,358)
- Tangible fixed assets -€2,134
down €2,134 (-26.6%), from €8,015 to €5,881
of which Plant, machinery and equipment: -€1,975
- Stocks and contracts -€472
down €472 (-44.4%), from €1,064 to €592
- Profit (loss) carried forward -€6,458
down €6,458 (-16.0%), from -€40,344 to -€46,802
- Current portion of long-term debt -€1,358
down €1,358 (-13.8%), from €9,849 to €8,491
- Gross operating margin -€19,692
down €19,692 (-78.5%), from €25,079 to €5,387
- Purchases and services +€9,344
up €9,344 (+12.0%), from €78,055 to €87,399
- Depreciation -€676
down €676 (-24.1%), from €2,809 to €2,133
- Financial charges -€427
down €427 (-29.1%), from €1,468 to €1,041
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 | €25,650 | €17,550 | -€8,100 | -31.6% |
| Fixed assets | 21/28 | €14,015 | €11,881 | -€2,134 | -15.2% |
| Tangible fixed assets | 22/27 | €8,015 | €5,881 | -€2,134 | -26.6% |
| Plant, machinery and equipment | 23 | €7,698 | €5,723 | -€1,975 | -25.7% |
| Furniture and vehicles | 24 | €317 | €158 | -€159 | -50.2% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €11,635 | €5,669 | -€5,966 | -51.3% |
| Stocks and contracts in progress | 3 | €1,064 | €592 | -€472 | -44.4% |
| Stocks | 30/36 | €1,064 | €592 | -€472 | -44.4% |
| Amounts receivable within one year | 40/41 | €3,546 | €651 | -€2,895 | -81.6% |
| Trade receivables | 40 | €478 | - | -€478 | |
| Other amounts receivable | 41 | €3,068 | €651 | -€2,417 | -78.8% |
| Cash at bank and in hand | 54/58 | €3,681 | €892 | -€2,789 | -75.8% |
| Deferred charges and accrued income | 490/1 | €3,344 | €3,534 | +€190 | +5.7% |
| Total equity and liabilities | 10/49 | €25,650 | €17,550 | -€8,100 | -31.6% |
| Equity | 10/15 | -€14,589 | -€21,047 | -€6,458 | -44.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,755 | €5,755 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,755 | €1,755 | = | 0.0% |
| Legal reserve | 130 | €1,755 | €1,755 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,344 | -€46,802 | -€6,458 | -16.0% |
| Amounts payable | 17/49 | €40,239 | €38,597 | -€1,642 | -4.1% |
| Amounts payable within one year | 42/48 | €40,239 | €38,597 | -€1,642 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €9,849 | €8,491 | -€1,358 | -13.8% |
| Trade debts | 44 | €8,132 | €7,981 | -€151 | -1.9% |
| Suppliers | 440/4 | €8,132 | €7,981 | -€151 | -1.9% |
| Taxes, remuneration and social security | 45 | €1,070 | €990 | -€80 | -7.5% |
| Taxes | 450/3 | €1,070 | €990 | -€80 | -7.5% |
| Other amounts payable | 47/48 | €21,188 | €21,135 | -€53 | -0.3% |
| Non-recurring operating income | 76A | €5,135 | - | -€5,135 | |
| Goods, raw materials, services and sundry goods | 60/61 | €78,055 | €87,399 | +€9,344 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,809 | €2,133 | -€676 | -24.1% |
| Other operating charges | 640/8 | €8,612 | €8,498 | -€114 | -1.3% |
| Non-recurring operating charges | 66A | €5,170 | €88 | -€5,082 | -98.3% |
| Gross operating margin | 9900 | €25,079 | €5,387 | -€19,692 | -78.5% |
| Operating profit (loss) | 9901 | €8,488 | -€5,332 | -€13,820 | |
| Financial charges | 65/66B | €1,468 | €1,041 | -€427 | -29.1% |
| Recurring financial charges | 65 | €1,468 | €1,041 | -€427 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €7,020 | -€6,373 | -€13,393 | |
| Income taxes | 67/77 | €94 | €85 | -€9 | -9.6% |
| Profit (loss) for the period | 9904 | €6,926 | -€6,458 | -€13,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,926 | -€6,458 | -€13,384 |
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 29 October 2026 via checked.be.