PABINESS: 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.
PABINESS
Largest movements
- Receivables within one year -€11,902
down €11,902 (-24.6%), from €48,304 to €36,403
of which Trade receivables: -€8,537
- Cash +€5,462
up €5,462 (+11.4%), from €47,919 to €53,382
mainly Receivables within one year (+€11,902) and Net result for the year (+€9,576)
- Tangible fixed assets +€2,547
up €2,547 (+15.8%), from €16,086 to €18,633
of which Other tangible fixed assets: +€7,000
- Deferred charges and accrued income -€1,955
down €1,955 (-69.9%), from €2,797 to €842
- Other debts -€14,483
down €14,483 (-72.4%), from €20,000 to €5,517
- Reserves +€9,576
up €9,576 (+13.5%), from €70,916 to €80,492
of which Distributable reserves: +€9,576
- Trade debts -€6,153
down €6,153 (-54.3%), from €11,333 to €5,181
- Tax, wage and social debts +€5,213
up €5,213 (+42.5%), from €12,258 to €17,471
of which Taxes: +€5,118
- Gross operating margin -€3,007
down €3,007 (-9.6%), from €31,319 to €28,312
- Financial income -€1,489
down €1,489 (-98.8%), from €1,507 to €18
- Financial charges +€1,252
up €1,252 (+24.8%), from €5,052 to €6,304
- Depreciation -€712
down €712 (-11.3%), from €6,294 to €5,583
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 | €115,107 | €109,259 | -€5,847 | -5.1% |
| Fixed assets | 21/28 | €16,086 | €18,633 | +€2,547 | +15.8% |
| Tangible fixed assets | 22/27 | €16,086 | €18,633 | +€2,547 | +15.8% |
| Plant, machinery and equipment | 23 | €16,033 | €11,633 | -€4,399 | -27.4% |
| Furniture and vehicles | 24 | €53 | €0 | -€53 | -100% |
| Other tangible fixed assets | 26 | - | €7,000 | +€7,000 | |
| Current assets | 29/58 | €99,021 | €90,626 | -€8,395 | -8.5% |
| Amounts receivable within one year | 40/41 | €48,304 | €36,403 | -€11,902 | -24.6% |
| Trade receivables | 40 | €44,939 | €36,403 | -€8,537 | -19.0% |
| Other amounts receivable | 41 | €3,365 | €0 | -€3,365 | -100% |
| Cash at bank and in hand | 54/58 | €47,919 | €53,382 | +€5,462 | +11.4% |
| Deferred charges and accrued income | 490/1 | €2,797 | €842 | -€1,955 | -69.9% |
| Total equity and liabilities | 10/49 | €115,107 | €109,259 | -€5,847 | -5.1% |
| Equity | 10/15 | €71,516 | €81,092 | +€9,576 | +13.4% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €70,916 | €80,492 | +€9,576 | +13.5% |
| Tax-exempt reserves | 132 | €41 | €41 | = | 0.0% |
| Distributable reserves | 133 | €70,875 | €80,450 | +€9,576 | +13.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,591 | €28,168 | -€15,423 | -35.4% |
| Amounts payable within one year | 42/48 | €43,591 | €28,168 | -€15,423 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €11,333 | €5,181 | -€6,153 | -54.3% |
| Suppliers | 440/4 | €11,333 | €5,181 | -€6,153 | -54.3% |
| Taxes, remuneration and social security | 45 | €12,258 | €17,471 | +€5,213 | +42.5% |
| Taxes | 450/3 | €9,258 | €14,376 | +€5,118 | +55.3% |
| Remuneration and social security | 454/9 | €3,000 | €3,095 | +€95 | +3.2% |
| Other amounts payable | 47/48 | €20,000 | €5,517 | -€14,483 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,294 | €5,583 | -€712 | -11.3% |
| Other operating charges | 640/8 | €522 | €706 | +€184 | +35.2% |
| Non-recurring operating charges | 66A | €2,565 | €0 | -€2,565 | -100% |
| Gross operating margin | 9900 | €31,319 | €28,312 | -€3,007 | -9.6% |
| Operating profit (loss) | 9901 | €21,937 | €22,024 | +€86 | +0.4% |
| Financial income | 75/76B | €1,507 | €18 | -€1,489 | -98.8% |
| Recurring financial income | 75 | €1,507 | €18 | -€1,489 | -98.8% |
| Financial charges | 65/66B | €5,052 | €6,304 | +€1,252 | +24.8% |
| Recurring financial charges | 65 | €5,052 | €6,304 | +€1,252 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €18,392 | €15,737 | -€2,655 | -14.4% |
| Income taxes | 67/77 | €5,936 | €6,161 | +€225 | +3.8% |
| Profit (loss) for the period | 9904 | €12,455 | €9,576 | -€2,880 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,455 | €9,576 | -€2,880 | -23.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.