Pentacle: what changed
Two fiscal 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.
Pentacle
Largest movements
- Deferred charges and accrued income +€14,108
up €14,108 (+372.4%), from €3,788 to €17,896
- Tangible fixed assets -€5,816
down €5,816 (-40.1%), from €14,516 to €8,700
of which Furniture and vehicles: -€5,321
- Receivables within one year -€3,832
down €3,832 (-9.7%), from €39,648 to €35,815
of which Trade receivables: -€21,431
- Cash +€2,843
up €2,843 (+5.4%), from €52,828 to €55,671
mainly Net result for the year (+€7,706) and Short-term financial debts (+€6,000)
- Trade debts -€7,079
down €7,079 (-92.1%), from €7,689 to €609
- Short-term financial debts +€6,000
new in 2025: €6,000
- Reserves +€5,700
up €5,700 (+7.7%), from €74,100 to €79,800
- Tax, wage and social debts +€4,295
up €4,295 (+74.7%), from €5,752 to €10,046
- Current portion of long-term debt -€2,175
no longer reported in 2025 (was €2,175)
- Gross operating margin -€27,176
down €27,176 (-53.6%), from €50,710 to €23,534
- Depreciation -€7,861
down €7,861 (-59.8%), from €13,151 to €5,290
- Taxes -€4,515
down €4,515 (-40.4%), from €11,170 to €6,655
- Other operating charges -€2,474
down €2,474 (-45.4%), from €5,449 to €2,975
- Financial charges +€547
up €547 (+52.9%), from €1,032 to €1,579
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.
Cash bridge derived
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 | €110,780 | €118,083 | +€7,303 | +6.6% |
| Fixed assets | 21/28 | €14,516 | €8,700 | -€5,816 | -40.1% |
| Tangible fixed assets | 22/27 | €14,516 | €8,700 | -€5,816 | -40.1% |
| Land and buildings | 22 | €1,368 | €1,172 | -€196 | -14.3% |
| Plant, machinery and equipment | 23 | €927 | €627 | -€300 | -32.3% |
| Furniture and vehicles | 24 | €12,221 | €6,901 | -€5,321 | -43.5% |
| Current assets | 29/58 | €96,264 | €109,382 | +€13,119 | +13.6% |
| Amounts receivable within one year | 40/41 | €39,648 | €35,815 | -€3,832 | -9.7% |
| Trade receivables | 40 | €39,360 | €17,929 | -€21,431 | -54.4% |
| Other amounts receivable | 41 | €288 | €17,886 | +€17,598 | +6117.1% |
| Cash at bank and in hand | 54/58 | €52,828 | €55,671 | +€2,843 | +5.4% |
| Deferred charges and accrued income | 490/1 | €3,788 | €17,896 | +€14,108 | +372.4% |
| Total equity and liabilities | 10/49 | €110,780 | €118,083 | +€7,303 | +6.6% |
| Equity | 10/15 | €93,313 | €100,179 | +€6,866 | +7.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €74,100 | €79,800 | +€5,700 | +7.7% |
| Distributable reserves | 133 | €74,100 | €79,800 | +€5,700 | +7.7% |
| Profit (loss) carried forward | 14 | €663 | €1,829 | +€1,166 | +175.7% |
| Amounts payable | 17/49 | €17,467 | €17,904 | +€437 | +2.5% |
| Amounts payable within one year | 42/48 | €17,052 | €17,495 | +€443 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €2,175 | - | -€2,175 | |
| Financial debts | 43 | - | €6,000 | +€6,000 | |
| Credit institutions | 430/8 | - | €6,000 | +€6,000 | |
| Trade debts | 44 | €7,689 | €609 | -€7,079 | -92.1% |
| Suppliers | 440/4 | €7,689 | €609 | -€7,079 | -92.1% |
| Taxes, remuneration and social security | 45 | €5,752 | €10,046 | +€4,295 | +74.7% |
| Taxes | 450/3 | €5,752 | €10,046 | +€4,295 | +74.7% |
| Other amounts payable | 47/48 | €1,437 | €840 | -€597 | -41.5% |
| Accrued charges and deferred income | 492/3 | €414 | €408 | -€6 | -1.4% |
| Non-recurring operating income | 76A | - | €30,240 | +€30,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,151 | €5,290 | -€7,861 | -59.8% |
| Other operating charges | 640/8 | €5,449 | €2,975 | -€2,474 | -45.4% |
| Gross operating margin | 9900 | €50,710 | €23,534 | -€27,176 | -53.6% |
| Operating profit (loss) | 9901 | €32,110 | €15,269 | -€16,841 | -52.4% |
| Financial income | 75/76B | €361 | €670 | +€310 | +85.9% |
| Recurring financial income | 75 | €361 | €670 | +€310 | +85.9% |
| Financial charges | 65/66B | €1,032 | €1,579 | +€547 | +52.9% |
| Recurring financial charges | 65 | €1,032 | €1,579 | +€547 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €31,438 | €14,360 | -€17,078 | -54.3% |
| Income taxes | 67/77 | €11,170 | €6,655 | -€4,515 | -40.4% |
| Profit (loss) for the period | 9904 | €20,269 | €7,706 | -€12,563 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,269 | €7,706 | -€12,563 | -62.0% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.