PASC: 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.
PASC
Largest movements
- Tangible fixed assets +€1,158
up €1,158, from €0 to €1,158
of which Furniture and vehicles: +€1,158
- Receivables within one year -€309
down €309 (-11.5%), from €2,691 to €2,382
of which Trade receivables: -€242
- Cash -€263
down €263 (-65.9%), from €399 to €136
mainly Trade debts (-€1,400) and Investment in fixed assets (net) (-€1,355)
- Profit (loss) carried forward +€1,986
up €1,986 (+11.6%), from -€17,065 to -€15,079
- Trade debts -€1,400
down €1,400 (-87.2%), from €1,605 to €206
- Gross operating margin -€1,729
down €1,729 (-39.8%), from €4,339 to €2,610
- Depreciation +€197
new in 2025: €197
- Financial income +€126
new in 2025: €126
- Other operating charges +€74
up €74 (+16.6%), from €449 to €524
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.
Cash bridge derived
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 | €3,090 | €3,676 | +€586 | +19.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €1,158 | +€1,158 | |
| Tangible fixed assets | 22/27 | €0 | €1,158 | +€1,158 | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €1,158 | +€1,158 | |
| Current assets | 29/58 | €3,090 | €2,519 | -€572 | -18.5% |
| Amounts receivable within one year | 40/41 | €2,691 | €2,382 | -€309 | -11.5% |
| Trade receivables | 40 | €242 | - | -€242 | |
| Other amounts receivable | 41 | €2,449 | €2,382 | -€67 | -2.7% |
| Cash at bank and in hand | 54/58 | €399 | €136 | -€263 | -65.9% |
| Total equity and liabilities | 10/49 | €3,090 | €3,676 | +€586 | +19.0% |
| Equity | 10/15 | €1,485 | €3,471 | +€1,986 | +133.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,065 | -€15,079 | +€1,986 | +11.6% |
| Amounts payable | 17/49 | €1,605 | €206 | -€1,400 | -87.2% |
| Amounts payable within one year | 42/48 | €1,605 | €206 | -€1,400 | -87.2% |
| Trade debts | 44 | €1,605 | €206 | -€1,400 | -87.2% |
| Suppliers | 440/4 | €1,605 | €206 | -€1,400 | -87.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €197 | +€197 | |
| Other operating charges | 640/8 | €449 | €524 | +€74 | +16.6% |
| Gross operating margin | 9900 | €4,339 | €2,610 | -€1,729 | -39.8% |
| Operating profit (loss) | 9901 | €3,890 | €1,890 | -€2,000 | -51.4% |
| Financial income | 75/76B | - | €126 | +€126 | |
| Recurring financial income | 75 | - | €126 | +€126 | |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €3,861 | €1,986 | -€1,875 | -48.6% |
| Profit (loss) for the period | 9904 | €3,861 | €1,986 | -€1,875 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,861 | €1,986 | -€1,875 | -48.6% |
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 10 October 2026 via checked.be.