PAVOTS ET COQUELICOTS: 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.
PAVOTS ET COQUELICOTS
Largest movements
- Cash -€17,973
down €17,973 (-47.0%), from €38,209 to €20,236
mainly Trade debts (-€16,428) and Debts after one year (-€12,534)
- Tangible fixed assets -€10,678
down €10,678 (-7.4%), from €145,198 to €134,520
- Trade debts -€16,428
down €16,428 (-28.7%), from €57,228 to €40,800
- Debts after one year -€12,534
down €12,534 (-9.5%), from €132,423 to €119,890
- Gross operating margin +€5,338
up €5,338 (+28.2%), from €18,957 to €24,295
- Financial charges +€3,801
up €3,801 (+45.3%), from €8,389 to €12,191
- Other operating charges -€1,064
down €1,064 (-31.8%), from €3,343 to €2,280
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 | €193,903 | €163,170 | -€30,732 | -15.8% |
| Fixed assets | 21/28 | €145,284 | €134,606 | -€10,678 | -7.3% |
| Tangible fixed assets | 22/27 | €145,198 | €134,520 | -€10,678 | -7.4% |
| Land and buildings | 22 | €145,198 | €134,520 | -€10,678 | -7.4% |
| Financial fixed assets | 28 | €86 | €86 | = | 0.0% |
| Current assets | 29/58 | €48,619 | €28,564 | -€20,054 | -41.2% |
| Stocks and contracts in progress | 3 | €5,724 | €4,349 | -€1,375 | -24.0% |
| Stocks | 30/36 | €5,724 | €4,349 | -€1,375 | -24.0% |
| Amounts receivable within one year | 40/41 | €4,686 | €3,980 | -€706 | -15.1% |
| Trade receivables | 40 | €4,686 | €3,980 | -€706 | -15.1% |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €38,209 | €20,236 | -€17,973 | -47.0% |
| Total equity and liabilities | 10/49 | €193,903 | €163,170 | -€30,732 | -15.8% |
| Equity | 10/15 | -€15,482 | -€17,364 | -€1,882 | -12.2% |
| Contributions | 10/11 | €6,210 | €6,210 | = | 0.0% |
| Contributions outside capital | 11 | €6,210 | €6,210 | = | 0.0% |
| Other | 1109/19 | €6,210 | €6,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,692 | -€23,574 | -€1,882 | -8.7% |
| Amounts payable | 17/49 | €209,384 | €180,534 | -€28,850 | -13.8% |
| Amounts payable after more than one year | 17 | €132,423 | €119,890 | -€12,534 | -9.5% |
| Financial debts | 170/4 | €132,423 | €119,890 | -€12,534 | -9.5% |
| Amounts payable within one year | 42/48 | €75,666 | €59,349 | -€16,317 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €12,868 | €12,534 | -€334 | -2.6% |
| Financial debts | 43 | €653 | - | -€653 | |
| Credit institutions | 430/8 | €653 | - | -€653 | |
| Trade debts | 44 | €57,228 | €40,800 | -€16,428 | -28.7% |
| Suppliers | 440/4 | €57,228 | €40,800 | -€16,428 | -28.7% |
| Taxes, remuneration and social security | 45 | €4,142 | €4,547 | +€405 | +9.8% |
| Taxes | 450/3 | €4,142 | €4,547 | +€405 | +9.8% |
| Other amounts payable | 47/48 | €775 | €1,468 | +€693 | +89.4% |
| Accrued charges and deferred income | 492/3 | €1,295 | €1,295 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €52 | €191 | +€140 | +270% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,678 | €10,678 | = | 0.0% |
| Other operating charges | 640/8 | €3,343 | €2,280 | -€1,064 | -31.8% |
| Non-recurring operating charges | 66A | €118 | €564 | +€446 | +378% |
| Gross operating margin | 9900 | €18,957 | €24,295 | +€5,338 | +28.2% |
| Operating profit (loss) | 9901 | €4,766 | €10,582 | +€5,816 | +122% |
| Financial charges | 65/66B | €8,389 | €12,191 | +€3,801 | +45.3% |
| Recurring financial charges | 65 | €8,389 | €12,191 | +€3,801 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,623 | -€1,609 | +€2,015 | +55.6% |
| Income taxes | 67/77 | €450 | €273 | -€177 | -39.3% |
| Profit (loss) for the period | 9904 | -€4,074 | -€1,882 | +€2,192 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,074 | -€1,882 | +€2,192 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.