Panata: 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.
Panata
Largest movements
- Tangible fixed assets -€4,159
down €4,159 (-19.2%), from €21,646 to €17,487
- Stocks and contracts -€2,586
no longer reported in 2024 (was €2,586)
- Cash -€988
down €988 (-88.5%), from €1,116 to €128
mainly Other debts (-€6,775) and Trade debts (-€1,139)
- Receivables within one year -€611
down €611 (-58.4%), from €1,046 to €435
- Other debts -€6,775
down €6,775 (-13.0%), from €52,075 to €45,300
- Reserves -€1,859
no longer reported in 2024 (was €1,859)
- Trade debts -€1,139
down €1,139 (-66.6%), from €1,709 to €570
- Profit (loss) carried forward +€1,134
up €1,134 (+2.4%), from -€48,180 to -€47,046
- Accrued charges and deferred income +€513
new in 2024: €513
- Depreciation -€6,186
down €6,186 (-59.8%), from €10,345 to €4,159
- Write-downs +€2,586
new in 2024: €2,586
- Gross operating margin -€561
down €561 (-7.6%), from €7,338 to €6,777
- Other operating charges +€156
up €156 (+28.8%), from €541 to €697
- Taxes -€106
no longer reported in 2024 (was €106)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,394 | €18,050 | -€8,344 | -31.6% |
| Fixed assets | 21/28 | €21,646 | €17,487 | -€4,159 | -19.2% |
| Tangible fixed assets | 22/27 | €21,646 | €17,487 | -€4,159 | -19.2% |
| Plant, machinery and equipment | 23 | €21,646 | €17,487 | -€4,159 | -19.2% |
| Current assets | 29/58 | €4,748 | €563 | -€4,185 | -88.1% |
| Stocks and contracts in progress | 3 | €2,586 | - | -€2,586 | |
| Stocks | 30/36 | €2,586 | - | -€2,586 | |
| Amounts receivable within one year | 40/41 | €1,046 | €435 | -€611 | -58.4% |
| Other amounts receivable | 41 | €1,046 | €435 | -€611 | -58.4% |
| Cash at bank and in hand | 54/58 | €1,116 | €128 | -€988 | -88.5% |
| Total equity and liabilities | 10/49 | €26,394 | €18,050 | -€8,344 | -31.6% |
| Equity | 10/15 | -€27,729 | -€28,454 | -€725 | -2.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | -€48,180 | -€47,046 | +€1,134 | +2.4% |
| Amounts payable | 17/49 | €54,123 | €46,504 | -€7,619 | -14.1% |
| Amounts payable within one year | 42/48 | €54,123 | €45,991 | -€8,132 | -15.0% |
| Trade debts | 44 | €1,709 | €570 | -€1,139 | -66.6% |
| Suppliers | 440/4 | €1,709 | €570 | -€1,139 | -66.6% |
| Taxes, remuneration and social security | 45 | €339 | €121 | -€218 | -64.3% |
| Taxes | 450/3 | €339 | €121 | -€218 | -64.3% |
| Other amounts payable | 47/48 | €52,075 | €45,300 | -€6,775 | -13.0% |
| Accrued charges and deferred income | 492/3 | - | €513 | +€513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,345 | €4,159 | -€6,186 | -59.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,586 | +€2,586 | |
| Other operating charges | 640/8 | €541 | €697 | +€156 | +28.8% |
| Gross operating margin | 9900 | €7,338 | €6,777 | -€561 | -7.6% |
| Operating profit (loss) | 9901 | -€3,548 | -€665 | +€2,883 | +81.3% |
| Financial charges | 65/66B | €75 | €60 | -€15 | -20.0% |
| Recurring financial charges | 65 | €75 | €60 | -€15 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,623 | -€725 | +€2,898 | +80.0% |
| Income taxes | 67/77 | €106 | - | -€106 | |
| Profit (loss) for the period | 9904 | -€3,729 | -€725 | +€3,004 | +80.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,729 | -€725 | +€3,004 | +80.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.