PASEUCONSULTING: 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.
PASEUCONSULTING
Largest movements
- Cash -€91,756
down €91,756 (-95.0%), from €96,624 to €4,868
mainly Contributions, distributions and other (-€201,972) and Provisions (-€67,324)
- Receivables within one year -€41,214
down €41,214 (-14.0%), from €295,271 to €254,057
of which Trade receivables: -€34,468
- Tangible fixed assets -€28,214
down €28,214 (-98.3%), from €28,695 to €481
of which Leasing and similar rights: -€27,714
- Investment grants -€201,972
no longer reported in 2024 (was €201,972)
- Accrued charges and deferred income +€170,061
new in 2024: €170,061
- Provisions -€67,324
no longer reported in 2024 (was €67,324)
- Trade debts -€29,059
down €29,059 (-72.5%), from €40,103 to €11,043
- Debts after one year -€21,811
no longer reported in 2024 (was €21,811)
- Gross operating margin +€90,504
up €90,504 (+213%), from €42,475 to €132,979
- Staff costs +€78,258
up €78,258 (+189%), from €41,444 to €119,702
- Financial income -€9,578
down €9,578 (-54.4%), from €17,603 to €8,026
- Taxes -€7,346
no longer reported in 2024 (was €7,346)
- Financial charges +€6,845
up €6,845 (+3,283%), from €209 to €7,054
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 | €420,589 | €259,406 | -€161,184 | -38.3% |
| Fixed assets | 21/28 | €28,695 | €481 | -€28,214 | -98.3% |
| Tangible fixed assets | 22/27 | €28,695 | €481 | -€28,214 | -98.3% |
| Furniture and vehicles | 24 | €980 | €481 | -€500 | -51.0% |
| Leasing and similar rights | 25 | €27,714 | - | -€27,714 | |
| Current assets | 29/58 | €391,895 | €258,925 | -€132,970 | -33.9% |
| Amounts receivable within one year | 40/41 | €295,271 | €254,057 | -€41,214 | -14.0% |
| Trade receivables | 40 | €34,468 | - | -€34,468 | |
| Other amounts receivable | 41 | €260,803 | €254,057 | -€6,746 | -2.6% |
| Cash at bank and in hand | 54/58 | €96,624 | €4,868 | -€91,756 | -95.0% |
| Total equity and liabilities | 10/49 | €420,589 | €259,406 | -€161,184 | -38.3% |
| Equity | 10/15 | €236,557 | €17,468 | -€219,089 | -92.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,585 | €29,585 | = | 0.0% |
| Distributable reserves | 133 | €29,585 | €29,585 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€17,116 | -€17,116 | |
| Investment grants | 15 | €201,972 | - | -€201,972 | |
| Provisions and deferred taxes | 16 | €67,324 | - | -€67,324 | |
| Deferred taxes | 168 | €67,324 | - | -€67,324 | |
| Amounts payable | 17/49 | €116,708 | €241,937 | +€125,229 | +107% |
| Amounts payable after more than one year | 17 | €21,811 | - | -€21,811 | |
| Financial debts | 170/4 | €21,811 | - | -€21,811 | |
| Amounts payable within one year | 42/48 | €94,898 | €71,876 | -€23,021 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €6,288 | - | -€6,288 | |
| Trade debts | 44 | €40,103 | €11,043 | -€29,059 | -72.5% |
| Suppliers | 440/4 | €40,103 | €11,043 | -€29,059 | -72.5% |
| Taxes, remuneration and social security | 45 | €28,736 | €39,673 | +€10,937 | +38.1% |
| Taxes | 450/3 | €14,636 | €7,603 | -€7,033 | -48.1% |
| Remuneration and social security | 454/9 | €14,100 | €32,070 | +€17,969 | +127% |
| Other amounts payable | 47/48 | €19,770 | €21,160 | +€1,390 | +7.0% |
| Accrued charges and deferred income | 492/3 | - | €170,061 | +€170,061 | |
| Remuneration, social security and pensions | 62 | €41,444 | €119,702 | +€78,258 | +189% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €885 | €500 | -€385 | -43.5% |
| Other operating charges | 640/8 | €300 | €3,151 | +€2,851 | +950% |
| Non-recurring operating charges | 66A | - | €27,714 | +€27,714 | |
| Gross operating margin | 9900 | €42,475 | €132,979 | +€90,504 | +213% |
| Operating profit (loss) | 9901 | -€154 | -€18,088 | -€17,934 | -11,647% |
| Financial income | 75/76B | €17,603 | €8,026 | -€9,578 | -54.4% |
| Recurring financial income | 75 | €17,603 | €8,026 | -€9,578 | -54.4% |
| Financial charges | 65/66B | €209 | €7,054 | +€6,845 | +3,283% |
| Recurring financial charges | 65 | €209 | €7,054 | +€6,845 | +3,283% |
| Profit (loss) for the period before taxes | 9903 | €17,241 | -€17,116 | -€34,357 | |
| Transfer from deferred taxes | 780 | €5,220 | - | -€5,220 | |
| Income taxes | 67/77 | €7,346 | - | -€7,346 | |
| Profit (loss) for the period | 9904 | €15,116 | -€17,116 | -€32,232 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,116 | -€17,116 | -€32,232 |
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 24 October 2026 via checked.be.