pa-solutions: 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.
pa-solutions
Largest movements
- Receivables after one year +€33,300
up €33,300 (+8.9%), from €375,000 to €408,300
- Receivables within one year +€27,337
up €27,337 (+65.9%), from €41,456 to €68,793
of which Trade receivables: +€31,482
- Tangible fixed assets -€21,307
down €21,307 (-9.0%), from €235,927 to €214,620
of which Land and buildings: -€21,508
- Trade debts +€35,453
up €35,453 (+559.0%), from €6,342 to €41,796
- Tax, wage and social debts +€12,098
up €12,098 (+23.7%), from €51,069 to €63,167
of which Taxes: +€16,206
- Gross operating margin +€20,103
up €20,103 (+71.5%), from €28,135 to €48,238
- Other operating charges +€8,373
up €8,373 (+265.0%), from €3,160 to €11,532
- Financial income -€5,729
down €5,729 (-29.9%), from €19,164 to €13,435
- Taxes +€4,970
up €4,970, from -€2,720 to €2,250
- Financial charges +€4,403
up €4,403 (+20.8%), from €21,215 to €25,618
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 | €666,619 | €709,670 | +€43,052 | +6.5% |
| Fixed assets | 21/28 | €236,077 | €214,770 | -€21,307 | -9.0% |
| Tangible fixed assets | 22/27 | €235,927 | €214,620 | -€21,307 | -9.0% |
| Land and buildings | 22 | €234,040 | €212,531 | -€21,508 | -9.2% |
| Furniture and vehicles | 24 | €1,887 | €2,088 | +€201 | +10.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €430,542 | €494,901 | +€64,359 | +14.9% |
| Amounts receivable after more than one year | 29 | €375,000 | €408,300 | +€33,300 | +8.9% |
| Other amounts receivable | 291 | €375,000 | €408,300 | +€33,300 | +8.9% |
| Amounts receivable within one year | 40/41 | €41,456 | €68,793 | +€27,337 | +65.9% |
| Trade receivables | 40 | €37,303 | €68,786 | +€31,482 | +84.4% |
| Other amounts receivable | 41 | €4,153 | €8 | -€4,145 | -99.8% |
| Cash at bank and in hand | 54/58 | €14,086 | €17,802 | +€3,716 | +26.4% |
| Deferred charges and accrued income | 490/1 | - | €6 | +€6 | |
| Total equity and liabilities | 10/49 | €666,619 | €709,670 | +€43,052 | +6.5% |
| Equity | 10/15 | -€66,600 | -€71,100 | -€4,500 | -6.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,610 | -€104,110 | -€4,500 | -4.5% |
| Amounts payable | 17/49 | €733,219 | €780,771 | +€47,552 | +6.5% |
| Amounts payable after more than one year | 17 | €675,808 | €675,808 | = | 0.0% |
| Financial debts | 170/4 | €675,808 | €675,808 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,411 | €104,963 | +€47,552 | +82.8% |
| Trade debts | 44 | €6,342 | €41,796 | +€35,453 | +559.0% |
| Suppliers | 440/4 | €6,342 | €41,796 | +€35,453 | +559.0% |
| Taxes, remuneration and social security | 45 | €51,069 | €63,167 | +€12,098 | +23.7% |
| Taxes | 450/3 | €46,960 | €63,167 | +€16,206 | +34.5% |
| Remuneration and social security | 454/9 | €4,108 | - | -€4,108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,622 | €26,773 | +€152 | +0.6% |
| Other operating charges | 640/8 | €3,160 | €11,532 | +€8,373 | +265.0% |
| Non-recurring operating charges | 66A | €419 | - | -€419 | |
| Gross operating margin | 9900 | €28,135 | €48,238 | +€20,103 | +71.5% |
| Operating profit (loss) | 9901 | -€2,066 | €9,933 | +€11,998 | |
| Financial income | 75/76B | €19,164 | €13,435 | -€5,729 | -29.9% |
| Recurring financial income | 75 | €19,164 | €13,435 | -€5,729 | -29.9% |
| Financial charges | 65/66B | €21,215 | €25,618 | +€4,403 | +20.8% |
| Recurring financial charges | 65 | €21,215 | €25,618 | +€4,403 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,116 | -€2,250 | +€1,866 | +45.3% |
| Income taxes | 67/77 | -€2,720 | €2,250 | +€4,970 | |
| Profit (loss) for the period | 9904 | -€1,396 | -€4,500 | -€3,104 | -222.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,396 | -€4,500 | -€3,104 | -222.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.