PANT: 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.
PANT
Largest movements
- Receivables within one year -€189,583
down €189,583 (-45.2%), from €419,665 to €230,082
of which Other amounts receivable: -€212,911
- Tangible fixed assets -€57,837
down €57,837 (-23.9%), from €242,147 to €184,310
of which Plant, machinery and equipment: -€40,037
- Profit (loss) carried forward -€198,610
down €198,610 (-206%), from -€96,347 to -€294,957
- Trade debts -€37,726
down €37,726 (-13.5%), from €279,790 to €242,064
- Debts after one year -€13,613
down €13,613 (-3.1%), from €433,268 to €419,655
- Gross operating margin +€32,986
up €32,986 (+91.9%), from €35,911 to €68,897
- Other operating charges -€24,683
down €24,683 (-90.7%), from €27,207 to €2,524
- Financial charges -€860
down €860 (-85.6%), from €1,005 to €145
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.
Derived cash bridge
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 | €736,483 | €489,376 | -€247,107 | -33.6% |
| Fixed assets | 21/28 | €242,247 | €184,410 | -€57,837 | -23.9% |
| Tangible fixed assets | 22/27 | €242,147 | €184,310 | -€57,837 | -23.9% |
| Land and buildings | 22 | €160,200 | €142,400 | -€17,800 | -11.1% |
| Plant, machinery and equipment | 23 | €81,947 | €41,910 | -€40,037 | -48.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €494,236 | €304,966 | -€189,270 | -38.3% |
| Amounts receivable within one year | 40/41 | €419,665 | €230,082 | -€189,583 | -45.2% |
| Trade receivables | 40 | €3,630 | €26,958 | +€23,328 | +643% |
| Other amounts receivable | 41 | €416,035 | €203,124 | -€212,911 | -51.2% |
| Cash at bank and in hand | 54/58 | - | €1,355 | +€1,355 | |
| Deferred charges and accrued income | 490/1 | €74,571 | €73,530 | -€1,041 | -1.4% |
| Total equity and liabilities | 10/49 | €736,483 | €489,376 | -€247,107 | -33.6% |
| Equity | 10/15 | -€75,887 | -€274,497 | -€198,610 | -262% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€96,347 | -€294,957 | -€198,610 | -206% |
| Provisions and deferred taxes | 16 | €57,490 | €57,490 | +€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €57,490 | €57,490 | +€0 | 0.0% |
| Other liabilities and charges | 164/5 | €57,490 | €57,490 | +€0 | 0.0% |
| Amounts payable | 17/49 | €754,880 | €706,383 | -€48,497 | -6.4% |
| Amounts payable after more than one year | 17 | €433,268 | €419,655 | -€13,613 | -3.1% |
| Other amounts payable | 178/9 | €433,268 | €419,655 | -€13,613 | -3.1% |
| Amounts payable within one year | 42/48 | €321,612 | €286,728 | -€34,884 | -10.8% |
| Trade debts | 44 | €279,790 | €242,064 | -€37,726 | -13.5% |
| Suppliers | 440/4 | €279,790 | €242,064 | -€37,726 | -13.5% |
| Taxes, remuneration and social security | 45 | €1,208 | €4,972 | +€3,764 | +312% |
| Taxes | 450/3 | €1,208 | €4,972 | +€3,764 | +312% |
| Other amounts payable | 47/48 | €40,614 | €39,692 | -€922 | -2.3% |
| Non-recurring operating income | 76A | €40,258 | €0 | -€40,258 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,837 | €57,837 | +€0 | 0.0% |
| Other operating charges | 640/8 | €27,207 | €2,524 | -€24,683 | -90.7% |
| Non-recurring operating charges | 66A | - | €207,000 | +€207,000 | |
| Gross operating margin | 9900 | €35,911 | €68,897 | +€32,986 | +91.9% |
| Operating profit (loss) | 9901 | -€49,133 | -€198,463 | -€149,330 | -304% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €1,005 | €145 | -€860 | -85.6% |
| Recurring financial charges | 65 | €1,005 | €145 | -€860 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | -€50,138 | -€198,609 | -€148,471 | -296% |
| Profit (loss) for the period | 9904 | -€50,138 | -€198,609 | -€148,471 | -296% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,138 | -€198,609 | -€148,471 | -296% |
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 22 October 2026 via checked.be.