SIZAIRE Pascal: 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.
SIZAIRE Pascal
Largest movements
- Tangible fixed assets -€22,543
down €22,543 (-43.6%), from €51,670 to €29,128
of which Furniture and vehicles: -€22,267
- Cash -€13,165
down €13,165 (-60.7%), from €21,675 to €8,510
mainly Net result for the year (-€52,056) and Debts after one year (-€5,125)
- Receivables within one year -€3,250
down €3,250 (-41.5%), from €7,837 to €4,587
of which Trade receivables: -€5,103
- Profit (loss) carried forward -€52,056
down €52,056, from €47,603 to -€4,454
- Other debts +€13,540
up €13,540 (+42.7%), from €31,724 to €45,263
- Debts after one year -€5,125
down €5,125 (-69.9%), from €7,328 to €2,202
- Trade debts +€4,066
up €4,066, from €0 to €4,066
- Gross operating margin -€39,823
down €39,823, from €13,359 to -€26,464
- Depreciation +€4,644
up €4,644 (+24.7%), from €18,819 to €23,464
- Taxes -€3,144
down €3,144 (-91.7%), from €3,428 to €283
- Other operating charges -€1,891
down €1,891 (-59.9%), from €3,155 to €1,264
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 | €213,800 | €174,902 | -€38,898 | -18.2% |
| Fixed assets | 21/28 | €51,670 | €29,128 | -€22,543 | -43.6% |
| Tangible fixed assets | 22/27 | €51,670 | €29,128 | -€22,543 | -43.6% |
| Plant, machinery and equipment | 23 | €3,319 | €3,044 | -€275 | -8.3% |
| Furniture and vehicles | 24 | €48,351 | €26,084 | -€22,267 | -46.1% |
| Current assets | 29/58 | €162,130 | €145,775 | -€16,355 | -10.1% |
| Stocks and contracts in progress | 3 | €131,251 | €131,251 | = | 0.0% |
| Stocks | 30/36 | €131,251 | €131,251 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,837 | €4,587 | -€3,250 | -41.5% |
| Trade receivables | 40 | €5,103 | €0 | -€5,103 | -100% |
| Other amounts receivable | 41 | €2,734 | €4,587 | +€1,853 | +67.8% |
| Cash at bank and in hand | 54/58 | €21,675 | €8,510 | -€13,165 | -60.7% |
| Deferred charges and accrued income | 490/1 | €1,366 | €1,426 | +€60 | +4.4% |
| Total equity and liabilities | 10/49 | €213,800 | €174,902 | -€38,898 | -18.2% |
| Equity | 10/15 | €92,364 | €40,308 | -€52,056 | -56.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,162 | €26,162 | = | 0.0% |
| Distributable reserves | 133 | €26,162 | €26,162 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,603 | -€4,454 | -€52,056 | |
| Provisions and deferred taxes | 16 | €76,245 | €76,245 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €76,245 | €76,245 | = | 0.0% |
| Pensions and similar obligations | 160 | €76,245 | €76,245 | = | 0.0% |
| Amounts payable | 17/49 | €45,191 | €58,350 | +€13,158 | +29.1% |
| Amounts payable after more than one year | 17 | €7,328 | €2,202 | -€5,125 | -69.9% |
| Financial debts | 170/4 | €7,328 | €2,202 | -€5,125 | -69.9% |
| Amounts payable within one year | 42/48 | €37,864 | €56,147 | +€18,284 | +48.3% |
| Current portion of amounts payable after more than one year | 42 | €4,907 | €5,125 | +€218 | +4.4% |
| Trade debts | 44 | €0 | €4,066 | +€4,066 | |
| Suppliers | 440/4 | €0 | €4,066 | +€4,066 | |
| Taxes, remuneration and social security | 45 | €1,233 | €1,693 | +€460 | +37.3% |
| Taxes | 450/3 | €233 | €693 | +€460 | +198% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €31,724 | €45,263 | +€13,540 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,819 | €23,464 | +€4,644 | +24.7% |
| Other operating charges | 640/8 | €3,155 | €1,264 | -€1,891 | -59.9% |
| Non-recurring operating charges | 66A | €175 | €0 | -€175 | -100% |
| Gross operating margin | 9900 | €13,359 | -€26,464 | -€39,823 | |
| Operating profit (loss) | 9901 | -€8,790 | -€51,191 | -€42,401 | -482% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €680 | €585 | -€95 | -14.0% |
| Recurring financial charges | 65 | €680 | €585 | -€95 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,470 | -€51,773 | -€42,303 | -447% |
| Income taxes | 67/77 | €3,428 | €283 | -€3,144 | -91.7% |
| Profit (loss) for the period | 9904 | -€12,898 | -€52,056 | -€39,159 | -304% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,898 | -€52,056 | -€39,159 | -304% |
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 16 October 2026 via checked.be.