PABS: 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.
PABS
Largest movements
- Cash +€24,458
up €24,458 (+26782.9%), from €91 to €24,549
mainly Receivables within one year (+€23,974) and Other debts (+€6,201)
- Receivables within one year -€23,974
down €23,974 (-68.4%), from €35,062 to €11,089
of which Other amounts receivable: -€26,437
- Other debts +€6,201
up €6,201 (+39.8%), from €15,572 to €21,773
- Profit (loss) carried forward -€5,887
down €5,887 (-14.5%), from -€40,521 to -€46,408
- Staff costs -€20,084
down €20,084 (-92.0%), from €21,832 to €1,748
- Gross operating margin -€2,767
down €2,767 (-554.2%), from -€499 to -€3,266
- Depreciation -€487
no longer reported in 2025 (was €487)
- Financial charges +€449
up €449 (+158.6%), from €283 to €732
- Taxes -€92
down €92 (-79.6%), from €116 to €24
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 | €35,424 | €35,638 | +€214 | +0.6% |
| Fixed assets | 21/28 | €236 | - | -€236 | |
| Tangible fixed assets | 22/27 | €236 | - | -€236 | |
| Furniture and vehicles | 24 | €236 | - | -€236 | |
| Current assets | 29/58 | €35,188 | €35,638 | +€450 | +1.3% |
| Amounts receivable within one year | 40/41 | €35,062 | €11,089 | -€23,974 | -68.4% |
| Trade receivables | 40 | €6,696 | €9,160 | +€2,464 | +36.8% |
| Other amounts receivable | 41 | €28,366 | €1,929 | -€26,437 | -93.2% |
| Cash at bank and in hand | 54/58 | €91 | €24,549 | +€24,458 | +26782.9% |
| Deferred charges and accrued income | 490/1 | €35 | - | -€35 | |
| Total equity and liabilities | 10/49 | €35,424 | €35,638 | +€214 | +0.6% |
| Equity | 10/15 | €18,529 | €12,642 | -€5,887 | -31.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,450 | €40,450 | = | 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 | €21,264 | €21,264 | = | 0.0% |
| Distributable reserves | 133 | €17,326 | €17,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,521 | -€46,408 | -€5,887 | -14.5% |
| Amounts payable | 17/49 | €16,895 | €22,996 | +€6,101 | +36.1% |
| Amounts payable within one year | 42/48 | €16,895 | €22,996 | +€6,101 | +36.1% |
| Trade debts | 44 | €1,093 | €1,083 | -€10 | -0.9% |
| Suppliers | 440/4 | €1,093 | €1,083 | -€10 | -0.9% |
| Taxes, remuneration and social security | 45 | €230 | €140 | -€90 | -39.2% |
| Taxes | 450/3 | €230 | €140 | -€90 | -39.2% |
| Other amounts payable | 47/48 | €15,572 | €21,773 | +€6,201 | +39.8% |
| Remuneration, social security and pensions | 62 | €21,832 | €1,748 | -€20,084 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €487 | - | -€487 | |
| Other operating charges | 640/8 | €75 | €116 | +€41 | +54.7% |
| Gross operating margin | 9900 | -€499 | -€3,266 | -€2,767 | -554.2% |
| Operating profit (loss) | 9901 | -€22,893 | -€5,131 | +€17,763 | +77.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €283 | €732 | +€449 | +158.6% |
| Recurring financial charges | 65 | €283 | €732 | +€449 | +158.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,177 | -€5,863 | +€17,314 | +74.7% |
| Income taxes | 67/77 | €116 | €24 | -€92 | -79.6% |
| Profit (loss) for the period | 9904 | -€23,293 | -€5,887 | +€17,406 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,293 | -€5,887 | +€17,406 | +74.7% |
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 7 October 2026 via checked.be.