PASAB: what changed
Two fiscal 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.
PASAB
Largest movements
- Tangible fixed assets +€199,588
up €199,588 (+11.0%), from €1.8m to €2.0m
- Receivables after one year -€142,917
down €142,917 (-100.0%), from €142,917 to €0
- Receivables within one year +€51,000
new in 2024: €51,000
- Debts after one year +€67,242
up €67,242 (+3.3%), from €2.0m to €2.1m
of which Other amounts payable: +€164,397
- Other debts +€51,669
up €51,669 (+303.9%), from €17,000 to €68,669
- Gross operating margin +€38,733
up €38,733 (+50.2%), from €77,095 to €115,828
- Financial charges +€21,597
up €21,597 (+59.6%), from €36,235 to €57,831
- Depreciation +€5,913
up €5,913 (+12.5%), from €47,215 to €53,128
- Other operating charges +€5,270
up €5,270 (+120.6%), from €4,368 to €9,638
- Financial income -€1,217
down €1,217 (-100.0%), from €1,217 to €0
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 | €1,951,861 | €2,057,943 | +€106,082 | +5.4% |
| Fixed assets | 21/28 | €1,806,627 | €2,006,214 | +€199,588 | +11.0% |
| Tangible fixed assets | 22/27 | €1,806,627 | €2,006,214 | +€199,588 | +11.0% |
| Land and buildings | 22 | €1,806,627 | €2,006,214 | +€199,588 | +11.0% |
| Current assets | 29/58 | €145,234 | €51,728 | -€93,506 | -64.4% |
| Amounts receivable after more than one year | 29 | €142,917 | €0 | -€142,917 | -100.0% |
| Other amounts receivable | 291 | €142,917 | €0 | -€142,917 | -100.0% |
| Amounts receivable within one year | 40/41 | - | €51,000 | +€51,000 | |
| Other amounts receivable | 41 | - | €51,000 | +€51,000 | |
| Cash at bank and in hand | 54/58 | €2,317 | €728 | -€1,589 | -68.6% |
| Total equity and liabilities | 10/49 | €1,951,861 | €2,057,943 | +€106,082 | +5.4% |
| Equity | 10/15 | -€227,379 | -€232,148 | -€4,770 | -2.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€232,379 | -€237,148 | -€4,770 | -2.1% |
| Amounts payable | 17/49 | €2,179,239 | €2,290,091 | +€110,851 | +5.1% |
| Amounts payable after more than one year | 17 | €2,042,223 | €2,109,466 | +€67,242 | +3.3% |
| Financial debts | 170/4 | €1,198,579 | €1,101,424 | -€97,154 | -8.1% |
| Other amounts payable | 178/9 | €843,644 | €1,008,041 | +€164,397 | +19.5% |
| Amounts payable within one year | 42/48 | €134,998 | €180,625 | +€45,626 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €102,896 | €98,686 | -€4,210 | -4.1% |
| Trade debts | 44 | €15,103 | €13,270 | -€1,832 | -12.1% |
| Suppliers | 440/4 | €15,103 | €13,270 | -€1,832 | -12.1% |
| Other amounts payable | 47/48 | €17,000 | €68,669 | +€51,669 | +303.9% |
| Accrued charges and deferred income | 492/3 | €2,018 | €0 | -€2,018 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,215 | €53,128 | +€5,913 | +12.5% |
| Other operating charges | 640/8 | €4,368 | €9,638 | +€5,270 | +120.6% |
| Gross operating margin | 9900 | €77,095 | €115,828 | +€38,733 | +50.2% |
| Operating profit (loss) | 9901 | €25,512 | €53,062 | +€27,550 | +108.0% |
| Financial income | 75/76B | €1,217 | €0 | -€1,217 | -100.0% |
| Recurring financial income | 75 | €1,217 | €0 | -€1,217 | -100.0% |
| Financial charges | 65/66B | €36,235 | €57,831 | +€21,597 | +59.6% |
| Recurring financial charges | 65 | €36,235 | €57,831 | +€21,597 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,506 | -€4,770 | +€4,736 | +49.8% |
| Profit (loss) for the period | 9904 | -€9,506 | -€4,770 | +€4,736 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,506 | -€4,770 | +€4,736 | +49.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.