Panthée S.A.: 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.
Panthée S.A.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€77,152
down €77,152 (-78.5%), from €98,225 to €21,073
- Financial income -€41,965
down €41,965 (-29.1%), from €144,341 to €102,376
- Gross operating margin +€11,980
up €11,980 (+53.8%), from -€22,263 to -€10,283
- Other operating charges -€4,025
down €4,025 (-100%), from €4,025 to €0
- Taxes +€889
up €889 (+3.9%), from €22,864 to €23,753
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 | €26,415,075 | €26,456,909 | +€41,834 | +0.2% |
| Fixed assets | 21/28 | €22,884,985 | €22,884,985 | = | 0.0% |
| Financial fixed assets | 28 | €22,884,985 | €22,884,985 | = | 0.0% |
| Current assets | 29/58 | €3,530,090 | €3,571,924 | +€41,834 | +1.2% |
| Amounts receivable after more than one year | 29 | €2,400,000 | €2,400,000 | = | 0.0% |
| Other amounts receivable | 291 | €2,400,000 | €2,400,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €881,497 | €1,037,372 | +€155,875 | +17.7% |
| Trade receivables | 40 | €32,866 | €32,866 | = | 0.0% |
| Other amounts receivable | 41 | €848,631 | €1,004,506 | +€155,875 | +18.4% |
| Current investments | 50/53 | €239,070 | €124,894 | -€114,176 | -47.8% |
| Cash at bank and in hand | 54/58 | €9,523 | €9,657 | +€135 | +1.4% |
| Total equity and liabilities | 10/49 | €26,415,075 | €26,456,909 | +€41,834 | +0.2% |
| Equity | 10/15 | €26,361,464 | €26,408,731 | +€47,267 | +0.2% |
| Contributions | 10/11 | €9,455,625 | €9,455,625 | = | 0.0% |
| Capital | 10 | €9,455,625 | €9,455,625 | = | 0.0% |
| Issued capital | 100 | €9,455,625 | €9,455,625 | = | 0.0% |
| Reserves | 13 | €852,618 | €852,618 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,884 | €7,884 | = | 0.0% |
| Legal reserve | 130 | €7,884 | €7,884 | = | 0.0% |
| Distributable reserves | 133 | €844,734 | €844,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,053,221 | €16,100,488 | +€47,267 | +0.3% |
| Amounts payable | 17/49 | €53,611 | €48,178 | -€5,433 | -10.1% |
| Amounts payable within one year | 42/48 | €53,611 | €48,178 | -€5,433 | -10.1% |
| Trade debts | 44 | €4,990 | €1,561 | -€3,429 | -68.7% |
| Suppliers | 440/4 | €4,990 | €1,561 | -€3,429 | -68.7% |
| Taxes, remuneration and social security | 45 | €48,621 | €46,617 | -€2,004 | -4.1% |
| Taxes | 450/3 | €48,621 | €46,617 | -€2,004 | -4.1% |
| Other operating charges | 640/8 | €4,025 | €0 | -€4,025 | -100% |
| Gross operating margin | 9900 | -€22,263 | -€10,283 | +€11,980 | +53.8% |
| Operating profit (loss) | 9901 | -€26,289 | -€10,283 | +€16,006 | +60.9% |
| Financial income | 75/76B | €144,341 | €102,376 | -€41,965 | -29.1% |
| Recurring financial income | 75 | €144,341 | €102,376 | -€41,965 | -29.1% |
| Financial charges | 65/66B | €98,225 | €21,073 | -€77,152 | -78.5% |
| Recurring financial charges | 65 | €98,225 | €21,073 | -€77,152 | -78.5% |
| Profit (loss) for the period before taxes | 9903 | €19,828 | €71,020 | +€51,193 | +258% |
| Income taxes | 67/77 | €22,864 | €23,753 | +€889 | +3.9% |
| Profit (loss) for the period | 9904 | -€3,036 | €47,267 | +€50,303 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,036 | €47,267 | +€50,303 |
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 19 October 2026 via checked.be.