PASHUPATINATH: 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.
PASHUPATINATH
Largest movements
- Receivables within one year +€57,407
up €57,407 (+50.2%), from €114,258 to €171,665
of which Other amounts receivable: +€74,550
- Cash +€4,292
up €4,292 (+65.7%), from €6,532 to €10,824
mainly Net result for the year (+€85,456) and Other debts (+€9,955)
- Profit (loss) carried forward +€45,456
up €45,456 (+173%), from €26,313 to €71,769
- Other debts +€9,955
up €9,955 (+33.0%), from €30,125 to €40,080
- Trade debts +€9,855
up €9,855 (+63.7%), from €15,474 to €25,328
- Tax, wage and social debts -€5,517
down €5,517 (-11.3%), from €48,864 to €43,347
of which Remuneration and social security: -€2,937
- Gross operating margin +€31,920
up €31,920 (+11.3%), from €282,982 to €314,902
- Taxes +€5,461
up €5,461 (+76.5%), from €7,135 to €12,597
- Depreciation -€3,260
down €3,260 (-46.8%), from €6,967 to €3,706
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.
Derived cash bridge
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 | €126,275 | €186,024 | +€59,748 | +47.3% |
| Formation expenses | 20 | €157 | €0 | -€157 | -100% |
| Fixed assets | 21/28 | €4,481 | €3,210 | -€1,271 | -28.4% |
| Tangible fixed assets | 22/27 | €4,481 | €3,210 | -€1,271 | -28.4% |
| Land and buildings | 22 | €660 | €0 | -€660 | -100% |
| Plant, machinery and equipment | 23 | €1,610 | €634 | -€976 | -60.6% |
| Furniture and vehicles | 24 | €2,212 | €2,576 | +€365 | +16.5% |
| Current assets | 29/58 | €121,637 | €182,814 | +€61,177 | +50.3% |
| Amounts receivable within one year | 40/41 | €114,258 | €171,665 | +€57,407 | +50.2% |
| Trade receivables | 40 | €20,812 | €3,669 | -€17,143 | -82.4% |
| Other amounts receivable | 41 | €93,446 | €167,996 | +€74,550 | +79.8% |
| Cash at bank and in hand | 54/58 | €6,532 | €10,824 | +€4,292 | +65.7% |
| Deferred charges and accrued income | 490/1 | €847 | €325 | -€522 | -61.6% |
| Total equity and liabilities | 10/49 | €126,275 | €186,024 | +€59,748 | +47.3% |
| Equity | 10/15 | €31,813 | €77,269 | +€45,456 | +143% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,313 | €71,769 | +€45,456 | +173% |
| Amounts payable | 17/49 | €94,462 | €108,755 | +€14,293 | +15.1% |
| Amounts payable within one year | 42/48 | €94,462 | €108,755 | +€14,293 | +15.1% |
| Trade debts | 44 | €15,474 | €25,328 | +€9,855 | +63.7% |
| Suppliers | 440/4 | €15,474 | €25,328 | +€9,855 | +63.7% |
| Taxes, remuneration and social security | 45 | €48,864 | €43,347 | -€5,517 | -11.3% |
| Taxes | 450/3 | €37,172 | €34,591 | -€2,580 | -6.9% |
| Remuneration and social security | 454/9 | €11,692 | €8,755 | -€2,937 | -25.1% |
| Other amounts payable | 47/48 | €30,125 | €40,080 | +€9,955 | +33.0% |
| Remuneration, social security and pensions | 62 | €206,825 | €205,444 | -€1,381 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,967 | €3,706 | -€3,260 | -46.8% |
| Other operating charges | 640/8 | €2,903 | €5,179 | +€2,276 | +78.4% |
| Gross operating margin | 9900 | €282,982 | €314,902 | +€31,920 | +11.3% |
| Operating profit (loss) | 9901 | €66,287 | €100,572 | +€34,286 | +51.7% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €2,343 | €2,520 | +€177 | +7.6% |
| Recurring financial charges | 65 | €2,343 | €2,520 | +€177 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €63,949 | €98,053 | +€34,104 | +53.3% |
| Income taxes | 67/77 | €7,135 | €12,597 | +€5,461 | +76.5% |
| Profit (loss) for the period | 9904 | €56,813 | €85,456 | +€28,643 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,813 | €85,456 | +€28,643 | +50.4% |
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 16 October 2026 via checked.be.