PASSE PARTOUT: 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.
PASSE PARTOUT
Largest movements
- Stocks and contracts -€118,143
no longer reported in 2025 (was €118,143)
- Cash -€16,635
down €16,635 (-82.3%), from €20,209 to €3,575
mainly Net result for the year (-€131,741) and Tax, wage and social debts (-€27,161)
- Tangible fixed assets -€7,406
no longer reported in 2025 (was €7,406)
- Profit (loss) carried forward -€131,741
down €131,741 (-27.1%), from -€485,711 to -€617,453
- Tax, wage and social debts -€27,161
down €27,161 (-97.9%), from €27,735 to €574
of which Remuneration and social security: -€15,043
- Other debts +€24,001
up €24,001 (+5.6%), from €431,668 to €455,669
- Trade debts -€7,710
down €7,710 (-89.3%), from €8,633 to €923
- Gross operating margin -€131,801
down €131,801, from €24,412 to -€107,389
- Staff costs -€67,652
down €67,652 (-81.7%), from €82,812 to €15,160
- Depreciation -€1,788
no longer reported in 2025 (was €1,788)
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 | €146,677 | €4,067 | -€142,610 | -97.2% |
| Fixed assets | 21/28 | €7,406 | - | -€7,406 | |
| Tangible fixed assets | 22/27 | €7,406 | - | -€7,406 | |
| Land and buildings | 22 | €7,406 | - | -€7,406 | |
| Current assets | 29/58 | €139,271 | €4,067 | -€135,204 | -97.1% |
| Stocks and contracts in progress | 3 | €118,143 | - | -€118,143 | |
| Stocks | 30/36 | €118,143 | - | -€118,143 | |
| Amounts receivable within one year | 40/41 | €144 | €291 | +€147 | +102% |
| Trade receivables | 40 | €144 | - | -€144 | |
| Other amounts receivable | 41 | - | €291 | +€291 | |
| Cash at bank and in hand | 54/58 | €20,209 | €3,575 | -€16,635 | -82.3% |
| Deferred charges and accrued income | 490/1 | €775 | €201 | -€574 | -74.1% |
| Total equity and liabilities | 10/49 | €146,677 | €4,067 | -€142,610 | -97.2% |
| Equity | 10/15 | -€321,358 | -€453,100 | -€131,741 | -41.0% |
| Contributions | 10/11 | €79,326 | €79,326 | = | 0.0% |
| Reserves | 13 | €85,027 | €85,027 | = | 0.0% |
| Distributable reserves | 133 | €85,027 | €85,027 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€485,711 | -€617,453 | -€131,741 | -27.1% |
| Amounts payable | 17/49 | €468,035 | €457,166 | -€10,869 | -2.3% |
| Amounts payable within one year | 42/48 | €468,035 | €457,166 | -€10,869 | -2.3% |
| Trade debts | 44 | €8,633 | €923 | -€7,710 | -89.3% |
| Suppliers | 440/4 | €8,633 | €923 | -€7,710 | -89.3% |
| Taxes, remuneration and social security | 45 | €27,735 | €574 | -€27,161 | -97.9% |
| Taxes | 450/3 | €12,692 | €574 | -€12,118 | -95.5% |
| Remuneration and social security | 454/9 | €15,043 | - | -€15,043 | |
| Other amounts payable | 47/48 | €431,668 | €455,669 | +€24,001 | +5.6% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €82,812 | €15,160 | -€67,652 | -81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,788 | - | -€1,788 | |
| Other operating charges | 640/8 | €1,074 | €470 | -€604 | -56.2% |
| Non-recurring operating charges | 66A | - | €7,406 | +€7,406 | |
| Gross operating margin | 9900 | €24,412 | -€107,389 | -€131,801 | |
| Operating profit (loss) | 9901 | -€61,261 | -€130,425 | -€69,164 | -113% |
| Financial income | 75/76B | €258 | €1 | -€257 | -99.8% |
| Recurring financial income | 75 | €258 | €1 | -€257 | -99.8% |
| Financial charges | 65/66B | €247 | €1,027 | +€781 | +316% |
| Recurring financial charges | 65 | €247 | €1,027 | +€781 | +316% |
| Profit (loss) for the period before taxes | 9903 | -€61,250 | -€131,452 | -€70,201 | -115% |
| Income taxes | 67/77 | €284 | €290 | +€6 | +2.0% |
| Profit (loss) for the period | 9904 | -€61,534 | -€131,741 | -€70,207 | -114% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,534 | -€131,741 | -€70,207 | -114% |
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 26 October 2026 via checked.be.