PASMOBAT: 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.
PASMOBAT
Largest movements
- Receivables within one year +€12,121
up €12,121 (+27.5%), from €44,150 to €56,271
of which Other amounts receivable: +€14,139
- Stocks and contracts -€6,000
no longer reported in 2025 (was €6,000)
- Deferred charges and accrued income -€2,642
down €2,642 (-22.3%), from €11,832 to €9,190
- Tangible fixed assets -€1,433
down €1,433 (-47.4%), from €3,024 to €1,591
- Cash -€1,360
down €1,360 (-6.1%), from €22,218 to €20,858
mainly Receivables within one year (-€12,121) and Tax, wage and social debts (-€5,853)
- Reserves +€8,014
up €8,014 (+12.0%), from €66,504 to €74,518
of which Distributable reserves: +€8,014
- Tax, wage and social debts -€5,853
down €5,853 (-53.7%), from €10,908 to €5,055
- Trade debts -€1,474
down €1,474 (-40.8%), from €3,611 to €2,137
- Gross operating margin +€12,313
up €12,313 (+323.4%), from €3,808 to €16,120
- Taxes +€3,795
up €3,795 (+339.3%), from €1,119 to €4,914
- Financial charges +€1,266
up €1,266 (+63.3%), from €2,001 to €3,266
of which Financial charges: +€1,156
- Financial income +€453
up €453 (+21.4%), from €2,115 to €2,568
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 | €87,223 | €87,910 | +€686 | +0.8% |
| Fixed assets | 21/28 | €3,024 | €1,591 | -€1,433 | -47.4% |
| Tangible fixed assets | 22/27 | €3,024 | €1,591 | -€1,433 | -47.4% |
| Furniture and vehicles | 24 | €3,024 | €1,591 | -€1,433 | -47.4% |
| Current assets | 29/58 | €84,200 | €86,319 | +€2,119 | +2.5% |
| Stocks and contracts in progress | 3 | €6,000 | - | -€6,000 | |
| Contracts in progress | 37 | €6,000 | - | -€6,000 | |
| Amounts receivable within one year | 40/41 | €44,150 | €56,271 | +€12,121 | +27.5% |
| Trade receivables | 40 | €2,392 | €373 | -€2,018 | -84.4% |
| Other amounts receivable | 41 | €41,758 | €55,897 | +€14,139 | +33.9% |
| Cash at bank and in hand | 54/58 | €22,218 | €20,858 | -€1,360 | -6.1% |
| Deferred charges and accrued income | 490/1 | €11,832 | €9,190 | -€2,642 | -22.3% |
| Total equity and liabilities | 10/49 | €87,223 | €87,910 | +€686 | +0.8% |
| Equity | 10/15 | €72,704 | €80,718 | +€8,014 | +11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,504 | €74,518 | +€8,014 | +12.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €64,644 | €72,658 | +€8,014 | +12.4% |
| Amounts payable | 17/49 | €14,519 | €7,192 | -€7,327 | -50.5% |
| Amounts payable within one year | 42/48 | €14,519 | €7,192 | -€7,327 | -50.5% |
| Trade debts | 44 | €3,611 | €2,137 | -€1,474 | -40.8% |
| Suppliers | 440/4 | €3,611 | €2,137 | -€1,474 | -40.8% |
| Taxes, remuneration and social security | 45 | €10,908 | €5,055 | -€5,853 | -53.7% |
| Taxes | 450/3 | €10,908 | €5,055 | -€5,853 | -53.7% |
| Remuneration, social security and pensions | 62 | €319 | €322 | +€2 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,276 | €1,433 | +€157 | +12.3% |
| Other operating charges | 640/8 | €199 | €199 | = | 0.0% |
| Non-recurring operating charges | 66A | - | €540 | +€540 | |
| Gross operating margin | 9900 | €3,808 | €16,120 | +€12,313 | +323.4% |
| Operating profit (loss) | 9901 | €2,013 | €13,626 | +€11,613 | +576.9% |
| Financial income | 75/76B | €2,115 | €2,568 | +€453 | +21.4% |
| Recurring financial income | 75 | €2,115 | €2,568 | +€453 | +21.4% |
| Financial charges | 65/66B | €2,001 | €3,266 | +€1,266 | +63.3% |
| Recurring financial charges | 65 | €2,001 | €3,157 | +€1,156 | +57.8% |
| Non-recurring financial charges | 66B | - | €110 | +€110 | |
| Profit (loss) for the period before taxes | 9903 | €2,127 | €12,928 | +€10,801 | +507.8% |
| Income taxes | 67/77 | €1,119 | €4,914 | +€3,795 | +339.3% |
| Profit (loss) for the period | 9904 | €1,008 | €8,014 | +€7,005 | +694.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,008 | €8,014 | +€7,005 | +694.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.