Pentatrade: 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.
Pentatrade
Largest movements
- Receivables within one year +€353,446
up €353,446 (+37.7%), from €937,339 to €1.3m
of which Trade receivables: +€298,792
- Cash -€287,248
down €287,248 (-63.7%), from €450,976 to €163,728
mainly Receivables within one year (-€353,446) and Contributions, distributions and other (-€250,000)
- Current investments +€144,778
new in 2025: €144,778
- Stocks and contracts +€135,396
up €135,396 (+54.7%), from €247,366 to €382,762
- Tangible fixed assets -€27,782
down €27,782 (-34.3%), from €80,955 to €53,174
of which Furniture and vehicles: -€25,937
- Trade debts +€220,534
up €220,534 (+71.0%), from €310,590 to €531,124
- Profit (loss) carried forward +€69,691
up €69,691 (+7.4%), from €941,836 to €1.0m
- Other debts +€53,096
up €53,096 (+34.8%), from €152,654 to €205,750
- Tax, wage and social debts -€25,427
down €25,427 (-60.7%), from €41,892 to €16,465
- Gross operating margin -€229,463
down €229,463 (-33.4%), from €687,715 to €458,252
- Taxes -€59,033
down €59,033 (-36.6%), from €161,078 to €102,045
- Financial income +€6,985
up €6,985 (+144,309%), from €5 to €6,989
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 | €1,719,655 | €2,037,549 | +€317,894 | +18.5% |
| Fixed assets | 21/28 | €80,955 | €53,174 | -€27,782 | -34.3% |
| Tangible fixed assets | 22/27 | €80,955 | €53,174 | -€27,782 | -34.3% |
| Land and buildings | 22 | €11,587 | €10,162 | -€1,424 | -12.3% |
| Plant, machinery and equipment | 23 | €1,620 | €1,200 | -€420 | -25.9% |
| Furniture and vehicles | 24 | €67,748 | €41,811 | -€25,937 | -38.3% |
| Current assets | 29/58 | €1,638,700 | €1,984,375 | +€345,675 | +21.1% |
| Stocks and contracts in progress | 3 | €247,366 | €382,762 | +€135,396 | +54.7% |
| Stocks | 30/36 | €247,366 | €382,762 | +€135,396 | +54.7% |
| Amounts receivable within one year | 40/41 | €937,339 | €1,290,785 | +€353,446 | +37.7% |
| Trade receivables | 40 | €569,538 | €868,330 | +€298,792 | +52.5% |
| Other amounts receivable | 41 | €367,801 | €422,455 | +€54,654 | +14.9% |
| Current investments | 50/53 | - | €144,778 | +€144,778 | |
| Cash at bank and in hand | 54/58 | €450,976 | €163,728 | -€287,248 | -63.7% |
| Deferred charges and accrued income | 490/1 | €3,018 | €2,321 | -€697 | -23.1% |
| Total equity and liabilities | 10/49 | €1,719,655 | €2,037,549 | +€317,894 | +18.5% |
| Equity | 10/15 | €1,214,519 | €1,284,210 | +€69,691 | +5.7% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €24,789 | €24,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €941,836 | €1,011,527 | +€69,691 | +7.4% |
| Amounts payable | 17/49 | €505,135 | €753,339 | +€248,203 | +49.1% |
| Amounts payable within one year | 42/48 | €505,135 | €753,339 | +€248,203 | +49.1% |
| Trade debts | 44 | €310,590 | €531,124 | +€220,534 | +71.0% |
| Suppliers | 440/4 | €310,590 | €531,124 | +€220,534 | +71.0% |
| Taxes, remuneration and social security | 45 | €41,892 | €16,465 | -€25,427 | -60.7% |
| Taxes | 450/3 | €41,892 | €16,465 | -€25,427 | -60.7% |
| Other amounts payable | 47/48 | €152,654 | €205,750 | +€53,096 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,782 | €27,782 | = | 0.0% |
| Other operating charges | 640/8 | €2,613 | €2,593 | -€21 | -0.8% |
| Gross operating margin | 9900 | €687,715 | €458,252 | -€229,463 | -33.4% |
| Operating profit (loss) | 9901 | €657,320 | €427,878 | -€229,442 | -34.9% |
| Financial income | 75/76B | €5 | €6,989 | +€6,985 | +144,309% |
| Recurring financial income | 75 | €5 | €6,989 | +€6,985 | +144,309% |
| Financial charges | 65/66B | €11,436 | €13,131 | +€1,696 | +14.8% |
| Recurring financial charges | 65 | €11,436 | €13,131 | +€1,696 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €645,889 | €421,736 | -€224,154 | -34.7% |
| Income taxes | 67/77 | €161,078 | €102,045 | -€59,033 | -36.6% |
| Profit (loss) for the period | 9904 | €484,811 | €319,691 | -€165,120 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €484,811 | €319,691 | -€165,120 | -34.1% |
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 17 October 2026 via checked.be.