PASPARTOE: 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.
PASPARTOE
Largest movements
- Tangible fixed assets -€5,771
down €5,771 (-17.8%), from €32,509 to €26,738
- Cash +€4,561
up €4,561 (+177.3%), from €2,572 to €7,133
mainly Depreciation (+€5,771) and Net result for the year (+€294)
- Receivables within one year +€1,342
up €1,342 (+121.5%), from €1,105 to €2,447
of which Trade receivables: +€2,046
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€9,301
up €9,301, from -€2,737 to €6,564
- Depreciation +€1,152
up €1,152 (+25.0%), from €4,619 to €5,771
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,324 | €36,467 | +€142 | +0.4% |
| Fixed assets | 21/28 | €32,509 | €26,738 | -€5,771 | -17.8% |
| Tangible fixed assets | 22/27 | €32,509 | €26,738 | -€5,771 | -17.8% |
| Plant, machinery and equipment | 23 | €32,509 | €26,738 | -€5,771 | -17.8% |
| Current assets | 29/58 | €3,816 | €9,729 | +€5,913 | +155.0% |
| Amounts receivable within one year | 40/41 | €1,105 | €2,447 | +€1,342 | +121.5% |
| Trade receivables | 40 | €401 | €2,447 | +€2,046 | +509.8% |
| Other amounts receivable | 41 | €704 | - | -€704 | |
| Cash at bank and in hand | 54/58 | €2,572 | €7,133 | +€4,561 | +177.3% |
| Deferred charges and accrued income | 490/1 | €139 | €149 | +€10 | +7.5% |
| Total equity and liabilities | 10/49 | €36,324 | €36,467 | +€142 | +0.4% |
| Equity | 10/15 | -€61,319 | -€61,025 | +€294 | +0.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €700 | €700 | = | 0.0% |
| Distributable reserves | 133 | €700 | €700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,224 | -€67,930 | +€294 | +0.4% |
| Amounts payable | 17/49 | €97,643 | €97,491 | -€152 | -0.2% |
| Amounts payable within one year | 42/48 | €97,643 | €97,491 | -€152 | -0.2% |
| Trade debts | 44 | €706 | €643 | -€63 | -8.9% |
| Suppliers | 440/4 | €706 | €643 | -€63 | -8.9% |
| Taxes, remuneration and social security | 45 | - | €211 | +€211 | |
| Taxes | 450/3 | - | €211 | +€211 | |
| Other amounts payable | 47/48 | €96,937 | €96,637 | -€300 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,619 | €5,771 | +€1,152 | +25.0% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | -€2,737 | €6,564 | +€9,301 | |
| Operating profit (loss) | 9901 | -€7,849 | €287 | +€8,136 | |
| Financial income | 75/76B | €41 | €35 | -€7 | -16.4% |
| Recurring financial income | 75 | €41 | €35 | -€7 | -16.4% |
| Financial charges | 65/66B | €24 | €28 | +€4 | +18.1% |
| Recurring financial charges | 65 | €24 | €28 | +€4 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,831 | €294 | +€8,125 | |
| Profit (loss) for the period | 9904 | -€7,831 | €294 | +€8,125 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,831 | €294 | +€8,125 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.