LA DOI PASI: 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.
LA DOI PASI
Largest movements
- Stocks and contracts -€8,500
down €8,500 (-45.8%), from €18,574 to €10,074
- Receivables within one year +€8,429
up €8,429 (+28.1%), from €30,001 to €38,431
of which Trade receivables: +€23,870
- Cash -€1,054
down €1,054 (-99.9%), from €1,055 to €1
mainly Net result for the year (-€17,043) and Contributions, distributions and other (-€10,000)
- Trade debts +€19,753
up €19,753 (+2,042%), from €967 to €20,720
- Reserves -€15,948
down €15,948 (-100%), from €15,948 to €0
- Profit (loss) carried forward -€11,095
down €11,095, from €4,146 to -€6,949
- Other debts +€10,000
up €10,000, from €0 to €10,000
- Current portion of long-term debt -€3,052
down €3,052 (-100%), from €3,052 to €0
- Turnover -€117,075
no longer reported in 2025 (was €117,075)
- Purchases and services -€71,084
no longer reported in 2025 (was €71,084)
- Gross operating margin -€61,808
down €61,808, from €53,655 to -€8,153
- Write-downs -€17,828
down €17,828 (-100%), from €17,828 to €0
- Other operating charges -€7,666
down €7,666 (-80.4%), from €9,537 to €1,871
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 | €49,630 | €48,505 | -€1,125 | -2.3% |
| Current assets | 29/58 | €49,630 | €48,505 | -€1,125 | -2.3% |
| Stocks and contracts in progress | 3 | €18,574 | €10,074 | -€8,500 | -45.8% |
| Stocks | 30/36 | €18,574 | €10,074 | -€8,500 | -45.8% |
| Amounts receivable within one year | 40/41 | €30,001 | €38,431 | +€8,429 | +28.1% |
| Trade receivables | 40 | €370 | €24,240 | +€23,870 | +6,451% |
| Other amounts receivable | 41 | €29,631 | €14,191 | -€15,440 | -52.1% |
| Cash at bank and in hand | 54/58 | €1,055 | €1 | -€1,054 | -99.9% |
| Total equity and liabilities | 10/49 | €49,630 | €48,505 | -€1,125 | -2.3% |
| Equity | 10/15 | €40,554 | €13,511 | -€27,043 | -66.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Capital | 10 | €20,460 | - | -€20,460 | |
| Issued capital | 100 | €20,460 | - | -€20,460 | |
| Reserves | 13 | €15,948 | €0 | -€15,948 | -100% |
| Tax-exempt reserves | 132 | €15,948 | €0 | -€15,948 | -100% |
| Profit (loss) carried forward | 14 | €4,146 | -€6,949 | -€11,095 | |
| Amounts payable | 17/49 | €9,076 | €34,994 | +€25,918 | +286% |
| Amounts payable within one year | 42/48 | €9,076 | €34,994 | +€25,918 | +286% |
| Current portion of amounts payable after more than one year | 42 | €3,052 | €0 | -€3,052 | -100% |
| Trade debts | 44 | €967 | €20,720 | +€19,753 | +2,042% |
| Suppliers | 440/4 | €967 | €20,720 | +€19,753 | +2,042% |
| Taxes, remuneration and social security | 45 | €5,056 | €4,274 | -€783 | -15.5% |
| Taxes | 450/3 | €5,056 | €4,274 | -€783 | -15.5% |
| Other amounts payable | 47/48 | €0 | €10,000 | +€10,000 | |
| Turnover | 70 | €117,075 | - | -€117,075 | |
| Goods, raw materials, services and sundry goods | 60/61 | €71,084 | - | -€71,084 | |
| Remuneration, social security and pensions | 62 | €3,409 | €205 | -€3,204 | -94.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,828 | €0 | -€17,828 | -100% |
| Other operating charges | 640/8 | €9,537 | €1,871 | -€7,666 | -80.4% |
| Non-recurring operating charges | 66A | €0 | €6,555 | +€6,555 | |
| Gross operating margin | 9900 | €53,655 | -€8,153 | -€61,808 | |
| Operating profit (loss) | 9901 | €22,881 | -€16,783 | -€39,664 | |
| Financial income | 75/76B | €0 | €700 | +€700 | |
| Recurring financial income | 75 | €0 | €700 | +€700 | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €3,222 | €157 | -€3,065 | -95.1% |
| Recurring financial charges | 65 | €3,222 | €157 | -€3,065 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | €19,660 | -€16,240 | -€35,900 | |
| Income taxes | 67/77 | €1,106 | €802 | -€304 | -27.5% |
| Profit (loss) for the period | 9904 | €18,553 | -€17,043 | -€35,596 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,553 | -€17,043 | -€35,596 |
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 26 October 2026 via checked.be.