PASISTONE: 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.
PASISTONE
Largest movements
- Cash +€107,976
up €107,976 (+72.2%), from €149,588 to €257,563
mainly Net result for the year (+€91,298) and Receivables within one year (+€38,007)
- Receivables within one year -€38,007
down €38,007 (-53.6%), from €70,886 to €32,879
of which Trade receivables: -€34,957
- Tangible fixed assets -€25,346
down €25,346 (-5.8%), from €433,898 to €408,552
of which Plant, machinery and equipment: -€66,505
- Stocks and contracts +€15,526
up €15,526 (+41.4%), from €37,509 to €53,034
- Reserves +€101,030
up €101,030 (+116.6%), from €86,662 to €187,692
- Debts after one year -€28,163
down €28,163 (-6.0%), from €472,892 to €444,729
- Tax, wage and social debts +€23,449
up €23,449 (+240.6%), from €9,746 to €33,195
of which Taxes: +€23,453
- Advances received -€17,382
down €17,382 (-91.7%), from €18,964 to €1,582
- Other debts -€13,940
down €13,940 (-91.5%), from €15,237 to €1,297
- Gross operating margin +€107,833
up €107,833 (+201.0%), from €53,649 to €161,483
- Taxes +€25,881
up €25,881 (+1737.8%), from €1,489 to €27,370
- Financial charges -€3,602
down €3,602 (-32.0%), from €11,246 to €7,644
- Financial income +€2,115
up €2,115 (+26272.9%), from €8 to €2,123
of which Financial income: +€2,115
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 | €694,180 | €754,690 | +€60,511 | +8.7% |
| Fixed assets | 21/28 | €433,907 | €408,562 | -€25,346 | -5.8% |
| Tangible fixed assets | 22/27 | €433,898 | €408,552 | -€25,346 | -5.8% |
| Land and buildings | 22 | €349,261 | €397,945 | +€48,684 | +13.9% |
| Plant, machinery and equipment | 23 | €70,448 | €3,943 | -€66,505 | -94.4% |
| Furniture and vehicles | 24 | €14,189 | €6,664 | -€7,525 | -53.0% |
| Financial fixed assets | 28 | €9 | €9 | = | 0.0% |
| Current assets | 29/58 | €260,272 | €346,129 | +€85,857 | +33.0% |
| Stocks and contracts in progress | 3 | €37,509 | €53,034 | +€15,526 | +41.4% |
| Stocks | 30/36 | €37,509 | €53,034 | +€15,526 | +41.4% |
| Amounts receivable within one year | 40/41 | €70,886 | €32,879 | -€38,007 | -53.6% |
| Trade receivables | 40 | €67,196 | €32,239 | -€34,957 | -52.0% |
| Other amounts receivable | 41 | €3,690 | €640 | -€3,050 | -82.7% |
| Cash at bank and in hand | 54/58 | €149,588 | €257,563 | +€107,976 | +72.2% |
| Deferred charges and accrued income | 490/1 | €2,290 | €2,652 | +€363 | +15.8% |
| Total equity and liabilities | 10/49 | €694,180 | €754,690 | +€60,511 | +8.7% |
| Equity | 10/15 | €106,394 | €197,692 | +€91,298 | +85.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €86,662 | €187,692 | +€101,030 | +116.6% |
| Distributable reserves | 133 | €86,662 | €187,692 | +€101,030 | +116.6% |
| Profit (loss) carried forward | 14 | €9,731 | €0 | -€9,731 | -100.0% |
| Amounts payable | 17/49 | €587,786 | €556,998 | -€30,787 | -5.2% |
| Amounts payable after more than one year | 17 | €472,892 | €444,729 | -€28,163 | -6.0% |
| Financial debts | 170/4 | €472,892 | €444,729 | -€28,163 | -6.0% |
| Amounts payable within one year | 42/48 | €113,776 | €112,185 | -€1,590 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €27,844 | €28,163 | +€319 | +1.1% |
| Trade debts | 44 | €41,985 | €47,948 | +€5,963 | +14.2% |
| Suppliers | 440/4 | €41,985 | €47,948 | +€5,963 | +14.2% |
| Advances received on contracts in progress | 46 | €18,964 | €1,582 | -€17,382 | -91.7% |
| Taxes, remuneration and social security | 45 | €9,746 | €33,195 | +€23,449 | +240.6% |
| Taxes | 450/3 | €8,241 | €31,694 | +€23,453 | +284.6% |
| Remuneration and social security | 454/9 | €1,505 | €1,501 | -€4 | -0.2% |
| Other amounts payable | 47/48 | €15,237 | €1,297 | -€13,940 | -91.5% |
| Accrued charges and deferred income | 492/3 | €1,118 | €84 | -€1,034 | -92.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,703 | €29,102 | +€399 | +1.4% |
| Other operating charges | 640/8 | €8,474 | €8,012 | -€462 | -5.5% |
| Non-recurring operating charges | 66A | €81 | €180 | +€99 | +121.6% |
| Gross operating margin | 9900 | €53,649 | €161,483 | +€107,833 | +201.0% |
| Operating profit (loss) | 9901 | €16,392 | €124,190 | +€107,798 | +657.6% |
| Financial income | 75/76B | €8 | €2,123 | +€2,115 | +26272.9% |
| Recurring financial income | 75 | €8 | €2,123 | +€2,115 | +26272.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €11,246 | €7,644 | -€3,602 | -32.0% |
| Recurring financial charges | 65 | €11,246 | €7,644 | -€3,602 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €5,154 | €118,668 | +€113,515 | +2202.6% |
| Income taxes | 67/77 | €1,489 | €27,370 | +€25,881 | +1737.8% |
| Profit (loss) for the period | 9904 | €3,664 | €91,298 | +€87,634 | +2391.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,664 | €91,298 | +€87,634 | +2391.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.