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PADY: 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.

What changed

PADY

BE 0453.314.454
financial year 2022 against 2023filed annual accounts (NBB)
Net result for the year
-€618
2022 · -€578-€40
Equity
-€20,550
2022 · -€19,932-€618
Cash
-
not filed
Balance sheet total
€134
2022 · €134

Largest movements

2022 to 2023
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€618

      down €618 (-0.7%), from -€94,300 to -€94,918

    • Short-term financial debts +€618

      up €618 (+3.1%), from €20,066 to €20,684

    Income statement
    • Gross operating margin -€40

      down €40 (-6.9%), from -€578 to -€618

    From the 2022 result to the 2023 result

    effect on the 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.

    Result 2022 -€578
    Gross operating margin -€40
    Result 2023 -€618

    Cash bridge derived

    cash 2022 to 2023

    Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

    Every line side by side 19 lines
    Line Code 2022 2023 Change %
    Total assets 20/58 €134 €134 = 0.0%
    Current assets 29/58 €134 €134 = 0.0%
    Amounts receivable within one year 40/41 €134 €134 = 0.0%
    Other amounts receivable 41 €134 €134 = 0.0%
    Total equity and liabilities 10/49 €134 €134 = 0.0%
    Equity 10/15 -€19,932 -€20,550 -€618 -3.1%
    Contributions 10/11 €74,368 €74,368 = 0.0%
    Capital 10 €74,368 €74,368 = 0.0%
    Issued capital 100 €74,368 €74,368 = 0.0%
    Profit (loss) carried forward 14 -€94,300 -€94,918 -€618 -0.7%
    Amounts payable 17/49 €20,066 €20,684 +€618 +3.1%
    Amounts payable within one year 42/48 €20,066 €20,684 +€618 +3.1%
    Financial debts 43 €20,066 €20,684 +€618 +3.1%
    Other loans 439 €20,066 €20,684 +€618 +3.1%
    Gross operating margin 9900 -€578 -€618 -€40 -6.9%
    Operating profit (loss) 9901 -€578 -€618 -€40 -6.9%
    Profit (loss) for the period before taxes 9903 -€578 -€618 -€40 -6.9%
    Profit (loss) for the period 9904 -€578 -€618 -€40 -6.9%
    Profit (loss) for the period to be appropriated 9905 -€578 -€618 -€40 -6.9%

    Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.