De Pasata: 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.
De Pasata
Largest movements
- Cash +€65,014
up €65,014 (+243.2%), from €26,736 to €91,750
mainly Net result for the year (+€65,411) and Other debts (+€27,999)
- Receivables within one year -€3,034
down €3,034 (-7.6%), from €39,967 to €36,933
of which Trade receivables: -€12,484
- Other debts +€27,999
up €27,999 (+412.2%), from €6,793 to €34,792
- Tax, wage and social debts +€22,523
up €22,523 (+88.9%), from €25,339 to €47,862
- Debts after one year -€15,625
down €15,625 (-100.0%), from €15,625 to €0
- Reserves +€11,203
up €11,203 (+21.0%), from €53,375 to €64,578
- Trade debts +€10,020
up €10,020 (+430.7%), from €2,327 to €12,347
- Gross operating margin +€40,543
up €40,543 (+92.2%), from €43,989 to €84,532
- Taxes +€6,485
up €6,485 (+76.4%), from €8,490 to €14,975
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 | €107,066 | €170,698 | +€63,632 | +59.4% |
| Fixed assets | 21/28 | €40,355 | €41,888 | +€1,534 | +3.8% |
| Tangible fixed assets | 22/27 | €40,355 | €41,888 | +€1,534 | +3.8% |
| Land and buildings | 22 | €36,868 | €35,752 | -€1,116 | -3.0% |
| Furniture and vehicles | 24 | €3,487 | €2,174 | -€1,313 | -37.6% |
| Other tangible fixed assets | 26 | - | €3,962 | +€3,962 | |
| Current assets | 29/58 | €66,711 | €128,809 | +€62,098 | +93.1% |
| Amounts receivable within one year | 40/41 | €39,967 | €36,933 | -€3,034 | -7.6% |
| Trade receivables | 40 | €35,937 | €23,453 | -€12,484 | -34.7% |
| Other amounts receivable | 41 | €4,030 | €13,480 | +€9,450 | +234.5% |
| Cash at bank and in hand | 54/58 | €26,736 | €91,750 | +€65,014 | +243.2% |
| Deferred charges and accrued income | 490/1 | €8 | €127 | +€118 | +1415.7% |
| Total equity and liabilities | 10/49 | €107,066 | €170,698 | +€63,632 | +59.4% |
| Equity | 10/15 | €56,975 | €68,178 | +€11,203 | +19.7% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €53,375 | €64,578 | +€11,203 | +21.0% |
| Distributable reserves | 133 | €53,375 | €64,578 | +€11,203 | +21.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,091 | €102,520 | +€52,429 | +104.7% |
| Amounts payable after more than one year | 17 | €15,625 | €0 | -€15,625 | -100.0% |
| Financial debts | 170/4 | €15,625 | €0 | -€15,625 | -100.0% |
| Amounts payable within one year | 42/48 | €34,458 | €102,520 | +€68,062 | +197.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €7,519 | +€7,519 | |
| Trade debts | 44 | €2,327 | €12,347 | +€10,020 | +430.7% |
| Suppliers | 440/4 | €2,327 | €12,347 | +€10,020 | +430.7% |
| Taxes, remuneration and social security | 45 | €25,339 | €47,862 | +€22,523 | +88.9% |
| Taxes | 450/3 | €25,339 | €47,862 | +€22,523 | +88.9% |
| Other amounts payable | 47/48 | €6,793 | €34,792 | +€27,999 | +412.2% |
| Accrued charges and deferred income | 492/3 | €7 | €0 | -€7 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,242 | €2,429 | +€187 | +8.3% |
| Other operating charges | 640/8 | €720 | €952 | +€232 | +32.2% |
| Gross operating margin | 9900 | €43,989 | €84,532 | +€40,543 | +92.2% |
| Operating profit (loss) | 9901 | €41,027 | €81,151 | +€40,124 | +97.8% |
| Financial income | 75/76B | €29 | €128 | +€99 | +347.4% |
| Recurring financial income | 75 | €29 | €128 | +€99 | +347.4% |
| Financial charges | 65/66B | €1,299 | €893 | -€406 | -31.2% |
| Recurring financial charges | 65 | €1,299 | €893 | -€406 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €39,757 | €80,386 | +€40,629 | +102.2% |
| Income taxes | 67/77 | €8,490 | €14,975 | +€6,485 | +76.4% |
| Profit (loss) for the period | 9904 | €31,267 | €65,411 | +€34,144 | +109.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,267 | €65,411 | +€34,144 | +109.2% |
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 10 October 2026 via checked.be.