PASQIMMO: 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.
PASQIMMO
Largest movements
- Tangible fixed assets -€96,743
down €96,743 (-3.4%), from €2.8m to €2.8m
- Cash -€79,241
down €79,241 (-51.3%), from €154,388 to €75,148
mainly Other debts (-€252,252)
- Other debts -€252,252
down €252,252 (-24.0%), from €1.0m to €796,894
- Reserves +€68,009
up €68,009 (+27.9%), from €243,448 to €311,457
- Depreciation -€17,193
down €17,193 (-15.1%), from €113,936 to €96,743
- Taxes +€5,881
up €5,881 (+22.7%), from €25,856 to €31,738
- Gross operating margin +€5,635
up €5,635 (+2.2%), from €259,347 to €264,982
- Financial charges +€2,841
up €2,841 (+7.8%), from €36,464 to €39,305
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 | €3,004,101 | €2,828,310 | -€175,791 | -5.9% |
| Fixed assets | 21/28 | €2,847,927 | €2,751,184 | -€96,743 | -3.4% |
| Tangible fixed assets | 22/27 | €2,847,927 | €2,751,184 | -€96,743 | -3.4% |
| Land and buildings | 22 | €2,847,927 | €2,751,184 | -€96,743 | -3.4% |
| Current assets | 29/58 | €156,174 | €77,126 | -€79,048 | -50.6% |
| Cash at bank and in hand | 54/58 | €154,388 | €75,148 | -€79,241 | -51.3% |
| Deferred charges and accrued income | 490/1 | €1,786 | €1,979 | +€193 | +10.8% |
| Total equity and liabilities | 10/49 | €3,004,101 | €2,828,310 | -€175,791 | -5.9% |
| Equity | 10/15 | €1,933,448 | €2,001,457 | +€68,009 | +3.5% |
| Contributions | 10/11 | €1,690,000 | €1,690,000 | = | 0.0% |
| Reserves | 13 | €243,448 | €311,457 | +€68,009 | +27.9% |
| Distributable reserves | 133 | €243,448 | €311,457 | +€68,009 | +27.9% |
| Amounts payable | 17/49 | €1,070,653 | €826,854 | -€243,800 | -22.8% |
| Amounts payable within one year | 42/48 | €1,053,138 | €804,743 | -€248,395 | -23.6% |
| Trade debts | 44 | €34 | €254 | +€220 | +641.3% |
| Suppliers | 440/4 | €34 | €254 | +€220 | +641.3% |
| Taxes, remuneration and social security | 45 | €3,957 | €7,594 | +€3,637 | +91.9% |
| Taxes | 450/3 | €3,957 | €7,594 | +€3,637 | +91.9% |
| Other amounts payable | 47/48 | €1,049,146 | €796,894 | -€252,252 | -24.0% |
| Accrued charges and deferred income | 492/3 | €17,515 | €22,111 | +€4,596 | +26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,936 | €96,743 | -€17,193 | -15.1% |
| Other operating charges | 640/8 | €27,684 | €29,188 | +€1,503 | +5.4% |
| Gross operating margin | 9900 | €259,347 | €264,982 | +€5,635 | +2.2% |
| Operating profit (loss) | 9901 | €117,727 | €139,051 | +€21,325 | +18.1% |
| Financial charges | 65/66B | €36,464 | €39,305 | +€2,841 | +7.8% |
| Recurring financial charges | 65 | €36,464 | €39,305 | +€2,841 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €81,263 | €99,747 | +€18,483 | +22.7% |
| Income taxes | 67/77 | €25,856 | €31,738 | +€5,881 | +22.7% |
| Profit (loss) for the period | 9904 | €55,407 | €68,009 | +€12,602 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,407 | €68,009 | +€12,602 | +22.7% |
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 29 September 2026 via checked.be.