PA TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year +€5,013
up €5,013 (+43.8%), from €11,441 to €16,454
of which Other amounts receivable: +€3,332
- Cash -€3,305
no longer reported in 2025 (was €3,305)
mainly Other debts (-€6,574) and Receivables within one year (-€5,013)
- Deferred charges and accrued income -€2,869
no longer reported in 2025 (was €2,869)
- Tangible fixed assets -€937
down €937 (-28.8%), from €3,251 to €2,314
- Other debts -€6,574
down €6,574 (-75.4%), from €8,719 to €2,145
- Short-term financial debts +€6,178
new in 2025: €6,178
- Tax, wage and social debts -€1,764
down €1,764 (-28.0%), from €6,298 to €4,534
of which Remuneration and social security: -€3,000
- Trade debts +€740
up €740 (+20.7%), from €3,578 to €4,318
- Profit (loss) carried forward -€677
down €677 (-53.2%), from €1,271 to €594
- Gross operating margin -€2,994
down €2,994 (-67.1%), from €4,465 to €1,471
- Taxes -€635
down €635 (-79.6%), from €798 to €163
- Depreciation -€494
down €494 (-34.5%), from €1,430 to €936
- Financial charges +€96
up €96 (+160.5%), from €60 to €156
- Financial income +€52
new in 2025: €52
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 | €20,866 | €18,768 | -€2,098 | -10.1% |
| Fixed assets | 21/28 | €3,251 | €2,314 | -€937 | -28.8% |
| Tangible fixed assets | 22/27 | €3,251 | €2,314 | -€937 | -28.8% |
| Plant, machinery and equipment | 23 | €3,251 | €2,314 | -€937 | -28.8% |
| Current assets | 29/58 | €17,615 | €16,454 | -€1,161 | -6.6% |
| Amounts receivable within one year | 40/41 | €11,441 | €16,454 | +€5,013 | +43.8% |
| Trade receivables | 40 | €11,267 | €12,948 | +€1,681 | +14.9% |
| Other amounts receivable | 41 | €174 | €3,506 | +€3,332 | +1915.1% |
| Cash at bank and in hand | 54/58 | €3,305 | - | -€3,305 | |
| Deferred charges and accrued income | 490/1 | €2,869 | - | -€2,869 | |
| Total equity and liabilities | 10/49 | €20,866 | €18,768 | -€2,098 | -10.1% |
| Equity | 10/15 | €2,271 | €1,594 | -€677 | -29.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,271 | €594 | -€677 | -53.2% |
| Amounts payable | 17/49 | €18,595 | €17,174 | -€1,421 | -7.6% |
| Amounts payable within one year | 42/48 | €18,595 | €17,174 | -€1,421 | -7.6% |
| Financial debts | 43 | - | €6,178 | +€6,178 | |
| Credit institutions | 430/8 | - | €6,178 | +€6,178 | |
| Trade debts | 44 | €3,578 | €4,318 | +€740 | +20.7% |
| Suppliers | 440/4 | €3,578 | €4,318 | +€740 | +20.7% |
| Taxes, remuneration and social security | 45 | €6,298 | €4,534 | -€1,764 | -28.0% |
| Taxes | 450/3 | €798 | €2,034 | +€1,236 | +154.9% |
| Remuneration and social security | 454/9 | €5,500 | €2,500 | -€3,000 | -54.5% |
| Other amounts payable | 47/48 | €8,719 | €2,145 | -€6,574 | -75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,430 | €936 | -€494 | -34.5% |
| Other operating charges | 640/8 | €906 | €944 | +€38 | +4.2% |
| Gross operating margin | 9900 | €4,465 | €1,471 | -€2,994 | -67.1% |
| Operating profit (loss) | 9901 | €2,129 | -€409 | -€2,538 | |
| Financial income | 75/76B | - | €52 | +€52 | |
| Recurring financial income | 75 | - | €52 | +€52 | |
| Financial charges | 65/66B | €60 | €156 | +€96 | +160.5% |
| Recurring financial charges | 65 | €60 | €156 | +€96 | +160.5% |
| Profit (loss) for the period before taxes | 9903 | €2,069 | -€513 | -€2,582 | |
| Income taxes | 67/77 | €798 | €163 | -€635 | -79.6% |
| Profit (loss) for the period | 9904 | €1,271 | -€676 | -€1,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,271 | -€676 | -€1,947 |
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 6 October 2026 via checked.be.