Skip to content

PENTAGONE INTERNATIONAL: 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.

What changed

PENTAGONE INTERNATIONAL

BE 0444.850.413
NACE 01.430, Raising of horses and other equines
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€6,724
2024 · €28,329-€35,053
Equity
€389,518
2024 · €396,241-€6,724
Cash
€646
2024 · €5,423-€4,777
Balance sheet total
€593,431
2024 · €598,930-€5,499

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€6,724

      down €6,724 (-17.1%), from €39,241 to €32,518

    Income statement
    • Gross operating margin -€33,851

      down €33,851, from €30,226 to -€3,625

    • Other operating charges +€1,153

      up €1,153 (+81.1%), from €1,422 to €2,575

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €28,329
    Gross operating margin -€33,851
    Other operating charges -€1,153
    Financial charges -€50
    Result 2025 -€6,724
    lowers the result

    Derived cash bridge

    cash 2024 to 2025

    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.

    From operations -€4,777
    Investment €0
    Financing €0
    Cash 2024 €5,423
    Net result for the year -€6,724
    Receivables within one year +€723
    Trade debts +€199
    Other debts +€1,026
    Cash 2025 €646
    brings cash intakes cash out
    Every line side by side 29 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €598,930 €593,431 -€5,499 -0.9%
    Fixed assets 21/28 €592,784 €592,784 = 0.0%
    Tangible fixed assets 22/27 €592,784 €592,784 = 0.0%
    Land and buildings 22 €592,784 €592,784 = 0.0%
    Current assets 29/58 €6,146 €646 -€5,499 -89.5%
    Amounts receivable within one year 40/41 €723 - -€723
    Other amounts receivable 41 €723 - -€723
    Cash at bank and in hand 54/58 €5,423 €646 -€4,777 -88.1%
    Total equity and liabilities 10/49 €598,930 €593,431 -€5,499 -0.9%
    Equity 10/15 €396,241 €389,518 -€6,724 -1.7%
    Contributions 10/11 €275,000 €275,000 = 0.0%
    Reserves 13 €82,000 €82,000 = 0.0%
    Non-distributable reserves 130/1 €27,500 €27,500 = 0.0%
    Reserves not available under the articles 1311 €27,500 €27,500 = 0.0%
    Tax-exempt reserves 132 €54,500 €54,500 = 0.0%
    Profit (loss) carried forward 14 €39,241 €32,518 -€6,724 -17.1%
    Amounts payable 17/49 €202,689 €203,913 +€1,224 +0.6%
    Amounts payable within one year 42/48 €202,689 €203,913 +€1,224 +0.6%
    Trade debts 44 - €199 +€199
    Suppliers 440/4 - €199 +€199
    Other amounts payable 47/48 €202,689 €203,714 +€1,026 +0.5%
    Other operating charges 640/8 €1,422 €2,575 +€1,153 +81.1%
    Gross operating margin 9900 €30,226 -€3,625 -€33,851
    Operating profit (loss) 9901 €28,803 -€6,200 -€35,004
    Financial charges 65/66B €474 €524 +€50 +10.5%
    Recurring financial charges 65 €474 €524 +€50 +10.5%
    Profit (loss) for the period before taxes 9903 €28,329 -€6,724 -€35,053
    Profit (loss) for the period 9904 €28,329 -€6,724 -€35,053
    Profit (loss) for the period to be appropriated 9905 €28,329 -€6,724 -€35,053

    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 25 October 2026 via checked.be.