PASOF: 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.
PASOF
Largest movements
- Cash -€1,493
down €1,493 (-27.8%), from €5,377 to €3,884
mainly Other debts (-€6,000) and Tax, wage and social debts (-€112)
- Receivables within one year -€1,198
down €1,198 (-87.1%), from €1,376 to €178
- Stocks and contracts -€1,161
down €1,161 (-12.2%), from €9,498 to €8,338
- Other debts -€6,000
down €6,000 (-9.6%), from €62,790 to €56,790
- Profit (loss) carried forward +€2,116
up €2,116 (+2.9%), from -€73,390 to -€71,274
- Accrued charges and deferred income +€200
up €200 (+81.9%), from €245 to €445
- Staff costs +€5,123
up €5,123 (+126%), from €4,066 to €9,189
- Gross operating margin +€1,487
up €1,487 (+14.1%), from €10,518 to €12,006
- Other operating charges +€389
up €389 (+280%), from €139 to €528
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 | €16,251 | €12,400 | -€3,851 | -23.7% |
| Current assets | 29/58 | €16,251 | €12,400 | -€3,851 | -23.7% |
| Stocks and contracts in progress | 3 | €9,498 | €8,338 | -€1,161 | -12.2% |
| Stocks | 30/36 | €9,498 | €8,338 | -€1,161 | -12.2% |
| Amounts receivable within one year | 40/41 | €1,376 | €178 | -€1,198 | -87.1% |
| Trade receivables | 40 | €1,376 | €178 | -€1,198 | -87.1% |
| Cash at bank and in hand | 54/58 | €5,377 | €3,884 | -€1,493 | -27.8% |
| Total equity and liabilities | 10/49 | €16,251 | €12,400 | -€3,851 | -23.7% |
| Equity | 10/15 | -€48,601 | -€46,485 | +€2,116 | +4.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,390 | -€71,274 | +€2,116 | +2.9% |
| Amounts payable | 17/49 | €64,852 | €58,884 | -€5,967 | -9.2% |
| Amounts payable within one year | 42/48 | €64,607 | €58,439 | -€6,168 | -9.5% |
| Trade debts | 44 | €184 | €128 | -€56 | -30.4% |
| Suppliers | 440/4 | €184 | €128 | -€56 | -30.4% |
| Taxes, remuneration and social security | 45 | €1,633 | €1,521 | -€112 | -6.8% |
| Taxes | 450/3 | €1,633 | €1,521 | -€112 | -6.8% |
| Other amounts payable | 47/48 | €62,790 | €56,790 | -€6,000 | -9.6% |
| Accrued charges and deferred income | 492/3 | €245 | €445 | +€200 | +81.9% |
| Remuneration, social security and pensions | 62 | €4,066 | €9,189 | +€5,123 | +126% |
| Other operating charges | 640/8 | €139 | €528 | +€389 | +280% |
| Gross operating margin | 9900 | €10,518 | €12,006 | +€1,487 | +14.1% |
| Operating profit (loss) | 9901 | €6,313 | €2,289 | -€4,024 | -63.7% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €138 | €223 | +€85 | +61.5% |
| Recurring financial charges | 65 | €138 | €223 | +€85 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €6,175 | €2,116 | -€4,059 | -65.7% |
| Profit (loss) for the period | 9904 | €6,175 | €2,116 | -€4,059 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,175 | €2,116 | -€4,059 | -65.7% |
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 22 October 2026 via checked.be.