PASS LINE PROPERTIES: 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.
PASS LINE PROPERTIES
Largest movements
- Tangible fixed assets -€8,966
down €8,966 (-2.6%), from €347,983 to €339,017
- Debts after one year -€10,928
down €10,928 (-2.8%), from €390,631 to €379,703
- Profit (loss) carried forward +€4,587
up €4,587 (+9.5%), from -€48,116 to -€43,529
- Gross operating margin -€1,626
down €1,626 (-8.3%), from €19,705 to €18,079
- Other operating charges +€1,366
up €1,366 (+97.6%), from €1,400 to €2,766
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 | €349,523 | €342,229 | -€7,295 | -2.1% |
| Fixed assets | 21/28 | €347,983 | €339,017 | -€8,966 | -2.6% |
| Tangible fixed assets | 22/27 | €347,983 | €339,017 | -€8,966 | -2.6% |
| Land and buildings | 22 | €347,983 | €339,017 | -€8,966 | -2.6% |
| Current assets | 29/58 | €1,541 | €3,212 | +€1,672 | +108.5% |
| Cash at bank and in hand | 54/58 | €1,541 | €3,212 | +€1,672 | +108.5% |
| Total equity and liabilities | 10/49 | €349,523 | €342,229 | -€7,295 | -2.1% |
| Equity | 10/15 | -€46,316 | -€41,729 | +€4,587 | +9.9% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,116 | -€43,529 | +€4,587 | +9.5% |
| Amounts payable | 17/49 | €395,840 | €383,958 | -€11,881 | -3.0% |
| Amounts payable after more than one year | 17 | €390,631 | €379,703 | -€10,928 | -2.8% |
| Financial debts | 170/4 | €390,631 | €379,703 | -€10,928 | -2.8% |
| Amounts payable within one year | 42/48 | €5,209 | €4,256 | -€953 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €3,344 | €3,428 | +€84 | +2.5% |
| Trade debts | 44 | €1,037 | - | -€1,037 | |
| Suppliers | 440/4 | €1,037 | - | -€1,037 | |
| Other amounts payable | 47/48 | €827 | €827 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,966 | €8,966 | = | 0.0% |
| Other operating charges | 640/8 | €1,400 | €2,766 | +€1,366 | +97.6% |
| Gross operating margin | 9900 | €19,705 | €18,079 | -€1,626 | -8.3% |
| Operating profit (loss) | 9901 | €9,339 | €6,347 | -€2,991 | -32.0% |
| Financial charges | 65/66B | €1,812 | €1,761 | -€52 | -2.8% |
| Recurring financial charges | 65 | €1,812 | €1,761 | -€52 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €7,527 | €4,587 | -€2,940 | -39.1% |
| Profit (loss) for the period | 9904 | €7,527 | €4,587 | -€2,940 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,527 | €4,587 | -€2,940 | -39.1% |
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 8 October 2026 via checked.be.