REGINA PACIS: 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.
REGINA PACIS
Largest movements
- Receivables after one year -€16,550
down €16,550 (-48.1%), from €34,429 to €17,879
- Cash +€9,618
up €9,618 (+263%), from €3,658 to €13,276
mainly Receivables after one year (+€16,550) and Debts within one year (+€8,006)
- Profit (loss) carried forward -€15,271
down €15,271, from €4,702 to -€10,569
- Debts within one year +€8,006
up €8,006 (+7.0%), from €114,526 to €122,532
of which Tax, wage and social debts: +€74,704
- Gross operating margin -€435,418
down €435,418 (-71.2%), from €611,886 to €176,468
- Staff costs +€177,395
up €177,395 (+2,220%), from €7,990 to €185,385
- Other operating charges -€56,937
down €56,937 (-92.9%), from €61,302 to €4,365
- Purchases and services -€19,218
down €19,218 (-67.8%), from €28,325 to €9,107
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,228 | €111,963 | -€7,266 | -6.1% |
| Current assets | 29/58 | €119,228 | €111,963 | -€7,266 | -6.1% |
| Amounts receivable after more than one year | 29 | €34,429 | €17,879 | -€16,550 | -48.1% |
| Other amounts receivable | 291 | €34,429 | €17,879 | -€16,550 | -48.1% |
| Amounts receivable within one year | 40/41 | €80,485 | €80,808 | +€322 | +0.4% |
| Trade receivables | 40 | €43,392 | €57,853 | +€14,462 | +33.3% |
| Other amounts receivable | 41 | €37,094 | €22,954 | -€14,139 | -38.1% |
| Cash at bank and in hand | 54/58 | €3,658 | €13,276 | +€9,618 | +263% |
| Deferred charges and accrued income | 490/1 | €656 | €0 | -€656 | -100% |
| Total equity and liabilities | 10/49 | €119,228 | €111,963 | -€7,266 | -6.1% |
| Equity | 10/15 | €4,702 | -€10,569 | -€15,271 | |
| Profit (loss) carried forward | 14 | €4,702 | -€10,569 | -€15,271 | |
| Amounts payable | 17/49 | €114,526 | €122,532 | +€8,006 | +7.0% |
| Amounts payable within one year | 42/48 | €114,526 | €122,532 | +€8,006 | +7.0% |
| Trade debts | 44 | €90,329 | €33,149 | -€57,180 | -63.3% |
| Suppliers | 440/4 | €90,329 | €33,149 | -€57,180 | -63.3% |
| Taxes, remuneration and social security | 45 | €14,679 | €89,383 | +€74,704 | +509% |
| Taxes | 450/3 | €1,686 | €10,891 | +€9,206 | +546% |
| Remuneration and social security | 454/9 | €12,993 | €78,491 | +€65,498 | +504% |
| Non-recurring operating income | 76A | €623,578 | €38,151 | -€585,427 | -93.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,325 | €9,107 | -€19,218 | -67.8% |
| Remuneration, social security and pensions | 62 | €7,990 | €185,385 | +€177,395 | +2,220% |
| Other operating charges | 640/8 | €61,302 | €4,365 | -€56,937 | -92.9% |
| Non-recurring operating charges | 66A | €490,081 | - | -€490,081 | |
| Gross operating margin | 9900 | €611,886 | €176,468 | -€435,418 | -71.2% |
| Operating profit (loss) | 9901 | €52,513 | -€13,283 | -€65,795 | |
| Financial income | 75/76B | €2,008 | - | -€2,008 | |
| Recurring financial income | 75 | €2,008 | - | -€2,008 | |
| Financial charges | 65/66B | €2,978 | €1,989 | -€989 | -33.2% |
| Recurring financial charges | 65 | €2,978 | €1,989 | -€989 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €51,543 | -€15,271 | -€66,814 | |
| Income taxes | 67/77 | €191 | - | -€191 | |
| Profit (loss) for the period | 9904 | €51,352 | -€15,271 | -€66,623 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,352 | -€15,271 | -€66,623 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.