SACRE PASCAL: 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.
SACRE PASCAL
Largest movements
- Cash +€20,925
up €20,925 (+60.6%), from €34,540 to €55,465
mainly Net result for the year (+€45,734) and Other debts (+€8,067)
- Tangible fixed assets -€3,104
down €3,104 (-6.7%), from €46,373 to €43,269
of which Plant, machinery and equipment: -€3,318
- Deferred charges and accrued income -€1,685
down €1,685 (-13.0%), from €13,000 to €11,315
- Profit (loss) carried forward +€30,633
up €30,633 (+202.8%), from €15,102 to €45,734
- Debts after one year -€10,216
no longer reported in 2025 (was €10,216)
- Other debts +€8,067
up €8,067 (+23.4%), from €34,546 to €42,613
- Current portion of long-term debt -€6,508
no longer reported in 2025 (was €6,508)
- Tax, wage and social debts -€3,227
down €3,227 (-71.8%), from €4,493 to €1,266
of which Remuneration and social security: -€2,674
- Gross operating margin +€29,006
up €29,006 (+76.7%), from €37,838 to €66,844
- Taxes +€6,089
up €6,089 (+97.9%), from €6,218 to €12,307
- Depreciation -€5,062
down €5,062 (-39.2%), from €12,906 to €7,844
- Financial charges -€2,319
down €2,319 (-71.6%), from €3,239 to €920
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 | €93,913 | €110,050 | +€16,137 | +17.2% |
| Fixed assets | 21/28 | €46,373 | €43,269 | -€3,104 | -6.7% |
| Tangible fixed assets | 22/27 | €46,373 | €43,269 | -€3,104 | -6.7% |
| Plant, machinery and equipment | 23 | €24,358 | €21,040 | -€3,318 | -13.6% |
| Furniture and vehicles | 24 | €22,015 | €22,230 | +€214 | +1.0% |
| Current assets | 29/58 | €47,540 | €66,780 | +€19,241 | +40.5% |
| Cash at bank and in hand | 54/58 | €34,540 | €55,465 | +€20,925 | +60.6% |
| Deferred charges and accrued income | 490/1 | €13,000 | €11,315 | -€1,685 | -13.0% |
| Total equity and liabilities | 10/49 | €93,913 | €110,050 | +€16,137 | +17.2% |
| Equity | 10/15 | €33,702 | €64,334 | +€30,633 | +90.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,102 | €45,734 | +€30,633 | +202.8% |
| Amounts payable | 17/49 | €60,211 | €45,715 | -€14,496 | -24.1% |
| Amounts payable after more than one year | 17 | €10,216 | - | -€10,216 | |
| Financial debts | 170/4 | €10,216 | - | -€10,216 | |
| Amounts payable within one year | 42/48 | €49,995 | €45,715 | -€4,280 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €6,508 | - | -€6,508 | |
| Trade debts | 44 | €4,448 | €1,836 | -€2,611 | -58.7% |
| Suppliers | 440/4 | €4,448 | €1,836 | -€2,611 | -58.7% |
| Taxes, remuneration and social security | 45 | €4,493 | €1,266 | -€3,227 | -71.8% |
| Taxes | 450/3 | €1,819 | €1,266 | -€553 | -30.4% |
| Remuneration and social security | 454/9 | €2,674 | - | -€2,674 | |
| Other amounts payable | 47/48 | €34,546 | €42,613 | +€8,067 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,906 | €7,844 | -€5,062 | -39.2% |
| Other operating charges | 640/8 | €374 | €175 | -€199 | -53.2% |
| Gross operating margin | 9900 | €37,838 | €66,844 | +€29,006 | +76.7% |
| Operating profit (loss) | 9901 | €24,558 | €58,825 | +€34,266 | +139.5% |
| Financial income | 75/76B | - | €137 | +€137 | |
| Recurring financial income | 75 | - | €137 | +€137 | |
| Financial charges | 65/66B | €3,239 | €920 | -€2,319 | -71.6% |
| Recurring financial charges | 65 | €3,239 | €920 | -€2,319 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €21,320 | €58,042 | +€36,722 | +172.2% |
| Income taxes | 67/77 | €6,218 | €12,307 | +€6,089 | +97.9% |
| Profit (loss) for the period | 9904 | €15,102 | €45,734 | +€30,633 | +202.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,102 | €45,734 | +€30,633 | +202.8% |
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 28 September 2026 via checked.be.