Pax Bouw: 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.
Pax Bouw
Largest movements
- Cash -€1,897
down €1,897 (-1.6%), from €117,036 to €115,139
mainly Accrued charges and deferred income (-€1,990) and Receivables within one year (-€970)
- Accrued charges and deferred income -€1,990
down €1,990 (-26.2%), from €7,586 to €5,596
- Gross operating margin -€3,140
down €3,140, from €2,663 to -€477
- Financial income +€1,492
up €1,492 (+174%), from €858 to €2,350
- Financial charges +€41
up €41 (+16.5%), from €246 to €287
- Other operating charges +€29
up €29 (+5.8%), from €494 to €523
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 | €117,554 | €116,627 | -€927 | -0.8% |
| Current assets | 29/58 | €117,554 | €116,627 | -€927 | -0.8% |
| Amounts receivable within one year | 40/41 | €518 | €1,488 | +€970 | +187% |
| Other amounts receivable | 41 | €518 | €1,488 | +€970 | +187% |
| Cash at bank and in hand | 54/58 | €117,036 | €115,139 | -€1,897 | -1.6% |
| Total equity and liabilities | 10/49 | €117,554 | €116,627 | -€927 | -0.8% |
| Equity | 10/15 | €109,968 | €111,031 | +€1,063 | +1.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €47,968 | €49,031 | +€1,063 | +2.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €41,768 | €42,831 | +€1,063 | +2.5% |
| Amounts payable | 17/49 | €7,586 | €5,596 | -€1,990 | -26.2% |
| Accrued charges and deferred income | 492/3 | €7,586 | €5,596 | -€1,990 | -26.2% |
| Other operating charges | 640/8 | €494 | €523 | +€29 | +5.8% |
| Gross operating margin | 9900 | €2,663 | -€477 | -€3,140 | |
| Operating profit (loss) | 9901 | €2,168 | -€1,000 | -€3,168 | |
| Financial income | 75/76B | €858 | €2,350 | +€1,492 | +174% |
| Recurring financial income | 75 | €858 | €2,350 | +€1,492 | +174% |
| Financial charges | 65/66B | €246 | €287 | +€41 | +16.5% |
| Recurring financial charges | 65 | €246 | €287 | +€41 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €2,780 | €1,063 | -€1,717 | -61.8% |
| Profit (loss) for the period | 9904 | €2,780 | €1,063 | -€1,717 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,780 | €1,063 | -€1,717 | -61.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.