PASPHIL: 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.
PASPHIL
Largest movements
- Tangible fixed assets -€13,107
down €13,107 (-17.4%), from €75,155 to €62,048
- Receivables within one year +€10,731
up €10,731 (+9.4%), from €113,706 to €124,437
of which Trade receivables: +€10,730
- Debts after one year -€12,937
down €12,937 (-18.1%), from €71,625 to €58,688
- Reserves +€6,552
up €6,552 (+26.2%), from €25,003 to €31,555
of which Distributable reserves: +€6,552
- Trade debts +€4,382
up €4,382 (+808%), from €542 to €4,924
- Other debts -€3,300
down €3,300 (-6.7%), from €49,189 to €45,889
- Tax, wage and social debts +€1,994
up €1,994 (+16.8%), from €11,880 to €13,874
- Financial charges -€1,176
down €1,176 (-21.5%), from €5,470 to €4,295
- Other operating charges -€560
down €560 (-19.6%), from €2,854 to €2,295
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,149 | €186,535 | -€2,614 | -1.4% |
| Fixed assets | 21/28 | €75,205 | €62,098 | -€13,107 | -17.4% |
| Tangible fixed assets | 22/27 | €75,155 | €62,048 | -€13,107 | -17.4% |
| Land and buildings | 22 | €75,155 | €62,048 | -€13,107 | -17.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €113,944 | €124,437 | +€10,493 | +9.2% |
| Amounts receivable within one year | 40/41 | €113,706 | €124,437 | +€10,731 | +9.4% |
| Trade receivables | 40 | €113,672 | €124,402 | +€10,730 | +9.4% |
| Other amounts receivable | 41 | €34 | €35 | +€1 | +3.1% |
| Cash at bank and in hand | 54/58 | €238 | - | -€238 | |
| Total equity and liabilities | 10/49 | €189,149 | €186,535 | -€2,614 | -1.4% |
| Equity | 10/15 | €43,603 | €50,155 | +€6,552 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,003 | €31,555 | +€6,552 | +26.2% |
| Non-distributable reserves | 130/1 | €1,076 | €1,076 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,076 | €1,076 | = | 0.0% |
| Distributable reserves | 133 | €23,928 | €30,480 | +€6,552 | +27.4% |
| Amounts payable | 17/49 | €145,546 | €136,380 | -€9,166 | -6.3% |
| Amounts payable after more than one year | 17 | €71,625 | €58,688 | -€12,937 | -18.1% |
| Financial debts | 170/4 | €71,625 | €58,688 | -€12,937 | -18.1% |
| Amounts payable within one year | 42/48 | €73,921 | €77,692 | +€3,771 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €12,309 | €12,999 | +€690 | +5.6% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €542 | €4,924 | +€4,382 | +808% |
| Suppliers | 440/4 | €542 | €4,924 | +€4,382 | +808% |
| Taxes, remuneration and social security | 45 | €11,880 | €13,874 | +€1,994 | +16.8% |
| Taxes | 450/3 | €11,880 | €13,874 | +€1,994 | +16.8% |
| Other amounts payable | 47/48 | €49,189 | €45,889 | -€3,300 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,107 | €13,107 | = | 0.0% |
| Other operating charges | 640/8 | €2,854 | €2,295 | -€560 | -19.6% |
| Gross operating margin | 9900 | €29,967 | €29,822 | -€145 | -0.5% |
| Operating profit (loss) | 9901 | €14,006 | €14,420 | +€414 | +3.0% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €5,470 | €4,295 | -€1,176 | -21.5% |
| Recurring financial charges | 65 | €5,470 | €4,295 | -€1,176 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €8,546 | €10,125 | +€1,580 | +18.5% |
| Income taxes | 67/77 | €3,391 | €3,574 | +€183 | +5.4% |
| Profit (loss) for the period | 9904 | €5,155 | €6,552 | +€1,397 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,155 | €6,552 | +€1,397 | +27.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.