PASMARELLES: 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.
PASMARELLES
Largest movements
- Tangible fixed assets -€16,466
down €16,466 (-23.9%), from €68,905 to €52,440
of which Land and buildings: -€9,620
- Receivables within one year -€6,643
down €6,643 (-50.3%), from €13,204 to €6,561
of which Trade receivables: -€6,061
- Cash +€3,327
up €3,327 (+29.3%), from €11,343 to €14,670
mainly Depreciation (+€17,684) and Receivables within one year (+€6,643)
- Debts after one year -€17,772
down €17,772 (-32.9%), from €53,984 to €36,211
- Tax, wage and social debts +€3,469
up €3,469 (+31.9%), from €10,860 to €14,329
of which Taxes: +€3,508
- Profit (loss) carried forward -€3,394
down €3,394 (-55.7%), from -€6,098 to -€9,492
- Trade debts -€3,050
down €3,050 (-52.5%), from €5,803 to €2,754
- Staff costs +€20,996
up €20,996 (+38.5%), from €54,578 to €75,575
- Gross operating margin -€7,623
down €7,623 (-7.3%), from €104,630 to €97,007
- Taxes -€2,245
down €2,245 (-74.2%), from €3,027 to €782
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 | €101,544 | €81,484 | -€20,060 | -19.8% |
| Fixed assets | 21/28 | €68,905 | €52,440 | -€16,466 | -23.9% |
| Tangible fixed assets | 22/27 | €68,905 | €52,440 | -€16,466 | -23.9% |
| Land and buildings | 22 | €46,732 | €37,113 | -€9,620 | -20.6% |
| Plant, machinery and equipment | 23 | €1,396 | €893 | -€503 | -36.0% |
| Furniture and vehicles | 24 | €5,034 | €3,535 | -€1,499 | -29.8% |
| Other tangible fixed assets | 26 | €15,744 | €10,900 | -€4,844 | -30.8% |
| Current assets | 29/58 | €32,639 | €29,044 | -€3,595 | -11.0% |
| Stocks and contracts in progress | 3 | €7,257 | €6,361 | -€896 | -12.3% |
| Stocks | 30/36 | €7,257 | €6,361 | -€896 | -12.3% |
| Amounts receivable within one year | 40/41 | €13,204 | €6,561 | -€6,643 | -50.3% |
| Trade receivables | 40 | €7,710 | €1,650 | -€6,061 | -78.6% |
| Other amounts receivable | 41 | €5,493 | €4,911 | -€582 | -10.6% |
| Cash at bank and in hand | 54/58 | €11,343 | €14,670 | +€3,327 | +29.3% |
| Deferred charges and accrued income | 490/1 | €835 | €1,452 | +€617 | +73.9% |
| Total equity and liabilities | 10/49 | €101,544 | €81,484 | -€20,060 | -19.8% |
| Equity | 10/15 | €12,502 | €9,108 | -€3,394 | -27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,098 | -€9,492 | -€3,394 | -55.7% |
| Amounts payable | 17/49 | €89,042 | €72,376 | -€16,666 | -18.7% |
| Amounts payable after more than one year | 17 | €53,984 | €36,211 | -€17,772 | -32.9% |
| Financial debts | 170/4 | €53,984 | €36,211 | -€17,772 | -32.9% |
| Amounts payable within one year | 42/48 | €33,573 | €34,856 | +€1,283 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €16,909 | €17,772 | +€864 | +5.1% |
| Trade debts | 44 | €5,803 | €2,754 | -€3,050 | -52.5% |
| Suppliers | 440/4 | €5,803 | €2,754 | -€3,050 | -52.5% |
| Taxes, remuneration and social security | 45 | €10,860 | €14,329 | +€3,469 | +31.9% |
| Taxes | 450/3 | €3,661 | €7,169 | +€3,508 | +95.8% |
| Remuneration and social security | 454/9 | €7,199 | €7,160 | -€39 | -0.5% |
| Accrued charges and deferred income | 492/3 | €1,486 | €1,309 | -€177 | -11.9% |
| Remuneration, social security and pensions | 62 | €54,578 | €75,575 | +€20,996 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,573 | €17,684 | -€888 | -4.8% |
| Other operating charges | 640/8 | €2,528 | €2,264 | -€264 | -10.4% |
| Gross operating margin | 9900 | €104,630 | €97,007 | -€7,623 | -7.3% |
| Operating profit (loss) | 9901 | €28,951 | €1,484 | -€27,467 | -94.9% |
| Financial income | 75/76B | €253 | €206 | -€47 | -18.6% |
| Recurring financial income | 75 | €253 | €206 | -€47 | -18.6% |
| Financial charges | 65/66B | €4,926 | €4,302 | -€624 | -12.7% |
| Recurring financial charges | 65 | €4,926 | €4,302 | -€624 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €24,277 | -€2,612 | -€26,890 | |
| Income taxes | 67/77 | €3,027 | €782 | -€2,245 | -74.2% |
| Profit (loss) for the period | 9904 | €21,251 | -€3,394 | -€24,645 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,251 | -€3,394 | -€24,645 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.