PAFT: 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.
PAFT
Largest movements
- Cash +€6,561
up €6,561 (+10.3%), from €63,473 to €70,034
mainly Other debts (+€7,832) and Net result for the year (+€7,481)
- Other debts +€7,832
up €7,832 (+15.1%), from €51,867 to €59,699
- Gross operating margin +€711
up €711 (+5.8%), from €12,352 to €13,063
- Financial charges +€482
new in 2025: €482
- Financial income +€241
up €241 (+84.0%), from €287 to €527
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 | €212,895 | €219,325 | +€6,430 | +3.0% |
| Fixed assets | 21/28 | €149,291 | €149,291 | = | 0.0% |
| Tangible fixed assets | 22/27 | €149,291 | €149,291 | = | 0.0% |
| Land and buildings | 22 | €149,291 | €149,291 | = | 0.0% |
| Current assets | 29/58 | €63,604 | €70,034 | +€6,430 | +10.1% |
| Amounts receivable within one year | 40/41 | €131 | €0 | -€131 | -100% |
| Other amounts receivable | 41 | €131 | €0 | -€131 | -100% |
| Cash at bank and in hand | 54/58 | €63,473 | €70,034 | +€6,561 | +10.3% |
| Total equity and liabilities | 10/49 | €212,895 | €219,325 | +€6,430 | +3.0% |
| Equity | 10/15 | €158,431 | €158,431 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €138,431 | €138,431 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,464 | €60,894 | +€6,430 | +11.8% |
| Amounts payable within one year | 42/48 | €54,464 | €60,894 | +€6,430 | +11.8% |
| Trade debts | 44 | €1,385 | €62 | -€1,323 | -95.5% |
| Suppliers | 440/4 | €1,385 | €62 | -€1,323 | -95.5% |
| Taxes, remuneration and social security | 45 | €1,212 | €1,132 | -€79 | -6.6% |
| Taxes | 450/3 | €1,212 | €1,132 | -€79 | -6.6% |
| Other amounts payable | 47/48 | €51,867 | €59,699 | +€7,832 | +15.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €3,059 | €3,041 | -€18 | -0.6% |
| Gross operating margin | 9900 | €12,352 | €13,063 | +€711 | +5.8% |
| Operating profit (loss) | 9901 | €9,292 | €10,021 | +€729 | +7.8% |
| Financial income | 75/76B | €287 | €527 | +€241 | +84.0% |
| Recurring financial income | 75 | €287 | €527 | +€241 | +84.0% |
| Financial charges | 65/66B | - | €482 | +€482 | |
| Recurring financial charges | 65 | - | €482 | +€482 | |
| Profit (loss) for the period before taxes | 9903 | €9,579 | €10,067 | +€488 | +5.1% |
| Income taxes | 67/77 | €2,501 | €2,586 | +€85 | +3.4% |
| Profit (loss) for the period | 9904 | €7,078 | €7,481 | +€403 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,078 | €7,481 | +€403 | +5.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.