PASSE PARTOUT SERVICES: 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.
What changed
PASSE PARTOUT SERVICES
NACE 46.180, Agents specialised in the wholesale of other particular products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €2.0m-€397,100
Equity
€8.0m
2024 · €7.8m+€227,869
Cash
€354,025
2024 · €473,076-€119,052
Balance sheet total
€10.4m
2024 · €10.4m+€37,728
Largest movements
Assets
- Receivables within one year +€676,494
up €676,494 (+139%), from €486,254 to €1.2m
of which Trade receivables: +€696,494
- Tangible fixed assets -€620,263
down €620,263 (-8.4%), from €7.4m to €6.8m
of which Land and buildings: -€589,855
- Cash -€119,052
down €119,052 (-25.2%), from €473,076 to €354,025
mainly Contributions, distributions and other (-€1.3m) and Receivables within one year (-€676,494)
- Financial fixed assets +€105,049
up €105,049 (+5.2%), from €2.0m to €2.1m
of which Other financial fixed assets: +€117,449
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+22.4%), from €4.8m to €5.9m
- Reserves -€857,906
down €857,906 (-29.3%), from €2.9m to €2.1m
of which Distributable reserves: -€1.0m
- Debts after one year -€315,537
down €315,537 (-23.1%), from €1.4m to €1.0m
- Tax, wage and social debts +€255,391
up €255,391 (+170%), from €150,259 to €405,649
of which Taxes: +€255,391
- Other debts -€210,976
down €210,976 (-59.8%), from €352,980 to €142,004
Income statement
- Financial income -€275,470
down €275,470 (-99.9%), from €275,688 to €218
- Other operating income +€83,539
up €83,539 (+38.6%), from €216,467 to €300,006
- Turnover +€41,311
up €41,311 (+1.9%), from €2.1m to €2.2m
- Services and other goods +€29,732
up €29,732 (+8.4%), from €355,088 to €384,819
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.
Result 2024
€2.0m
Turnover
+€41,311
Other operating income
+€83,539
Services and other goods
-€29,732
Depreciation
+€20,933
Other operating charges
-€682
Other operating items
-€274,061
Financial income
-€275,470
Financial charges
-€18,328
Taxes
-€12,908
Deferred taxes and other
+€68,299
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
+€297,103
Financing
-€1.6m
Cash 2024
€473,076
From operations (derived)
+€1.2m
Net result for the year
+€1.6m
Depreciation
+€218,111
Receivables within one year
-€676,494
Deferred charges and accrued income
+€4,501
Provisions
+€62,659
Smaller working-capital items
-€2,413
Tax, wage and social debts
+€255,391
Other debts
-€210,976
Investment (derived)
+€297,103
Investment in fixed assets (net)
+€297,103
Financing
-€1.6m
Debts after one year
-€315,537
Current portion of long-term debt
+€20,735
Contributions, distributions and other
-€1.3m
Cash 2025
€354,025
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,368,765 | €10,406,493 | +€37,728 | +0.4% |
| Fixed assets | 21/28 | €9,402,888 | €8,887,675 | -€515,214 | -5.5% |
| Tangible fixed assets | 22/27 | €7,394,414 | €6,774,152 | -€620,263 | -8.4% |
| Land and buildings | 22 | €7,284,993 | €6,695,138 | -€589,855 | -8.1% |
| Plant, machinery and equipment | 23 | €48,452 | €38,963 | -€9,489 | -19.6% |
| Furniture and vehicles | 24 | €53,070 | €32,151 | -€20,919 | -39.4% |
| Other tangible fixed assets | 26 | €7,900 | €7,900 | = | 0.0% |
| Financial fixed assets | 28 | €2,008,474 | €2,113,523 | +€105,049 | +5.2% |
| Affiliated companies | 280/1 | €2,008,306 | €1,951,656 | -€56,650 | -2.8% |
| Participating interests | 280 | €2,008,306 | €1,951,656 | -€56,650 | -2.8% |
| Companies linked by participating interests | 282/3 | - | €44,250 | +€44,250 | |
| Participating interests | 282 | - | €44,250 | +€44,250 | |
| Other financial fixed assets | 284/8 | €168 | €117,617 | +€117,449 | +69,910% |
| Shares | 284 | - | €117,449 | +€117,449 | |
| Amounts receivable and cash guarantees | 285/8 | €168 | €168 | = | 0.0% |
| Current assets | 29/58 | €965,877 | €1,518,818 | +€552,942 | +57.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €486,254 | €1,162,748 | +€676,494 | +139% |
| Trade receivables | 40 | €466,254 | €1,162,748 | +€696,494 | +149% |
| Other amounts receivable | 41 | €20,000 | €0 | -€20,000 | -100% |
| Cash at bank and in hand | 54/58 | €473,076 | €354,025 | -€119,052 | -25.2% |
| Deferred charges and accrued income | 490/1 | €6,547 | €2,046 | -€4,501 | -68.7% |
| Total equity and liabilities | 10/49 | €10,368,765 | €10,406,493 | +€37,728 | +0.4% |
| Equity | 10/15 | €7,788,042 | €8,015,910 | +€227,869 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,930,882 | €2,072,975 | -€857,906 | -29.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €392,875 | €580,853 | +€187,978 | +47.8% |
| Distributable reserves | 133 | €2,536,147 | €1,490,262 | -€1.0m | -41.2% |
| Profit (loss) carried forward | 14 | €4,838,560 | €5,924,335 | +€1.1m | +22.4% |
| Provisions and deferred taxes | 16 | €322,876 | €385,535 | +€62,659 | +19.4% |
| Provisions for liabilities and charges | 160/5 | €191,918 | €191,918 | = | 0.0% |
| Pensions and similar obligations | 160 | €191,918 | €191,918 | = | 0.0% |
| Deferred taxes | 168 | €130,958 | €193,618 | +€62,659 | +47.8% |
| Amounts payable | 17/49 | €2,257,848 | €2,005,047 | -€252,800 | -11.2% |
| Amounts payable after more than one year | 17 | €1,364,288 | €1,048,751 | -€315,537 | -23.1% |
| Financial debts | 170/4 | €1,364,288 | €1,048,751 | -€315,537 | -23.1% |
| Credit institutions | 173 | €1,364,288 | €1,048,751 | -€315,537 | -23.1% |
| Amounts payable within one year | 42/48 | €892,489 | €955,186 | +€62,696 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €362,000 | €382,735 | +€20,735 | +5.7% |
| Trade debts | 44 | €27,251 | €24,798 | -€2,453 | -9.0% |
| Suppliers | 440/4 | €27,251 | €24,798 | -€2,453 | -9.0% |
| Taxes, remuneration and social security | 45 | €150,259 | €405,649 | +€255,391 | +170% |
| Taxes | 450/3 | €150,259 | €405,649 | +€255,391 | +170% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €352,980 | €142,004 | -€210,976 | -59.8% |
| Accrued charges and deferred income | 492/3 | €1,070 | €1,111 | +€41 | +3.8% |
| Operating income | 70/76A | €2,919,869 | €2,770,657 | -€149,212 | -5.1% |
| Turnover | 70 | €2,133,969 | €2,175,280 | +€41,311 | +1.9% |
| Other operating income | 74 | €216,467 | €300,006 | +€83,539 | +38.6% |
| Non-recurring operating income | 76A | €569,433 | €295,372 | -€274,061 | -48.1% |
| Operating charges | 60/66A | €619,753 | €629,233 | +€9,481 | +1.5% |
| Services and other goods | 61 | €355,088 | €384,819 | +€29,732 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,044 | €218,111 | -€20,933 | -8.8% |
| Other operating charges | 640/8 | €25,621 | €26,304 | +€682 | +2.7% |
| Operating profit (loss) | 9901 | €2,300,117 | €2,141,424 | -€158,693 | -6.9% |
| Financial income | 75/76B | €275,688 | €218 | -€275,470 | -99.9% |
| Recurring financial income | 75 | €275,688 | €218 | -€275,470 | -99.9% |
| Income from financial fixed assets | 750 | €274,975 | €0 | -€274,975 | -100% |
| Income from current assets | 751 | €713 | €11 | -€702 | -98.5% |
| Other financial income | 752/9 | €0 | €207 | +€207 | |
| Financial charges | 65/66B | €26,982 | €45,310 | +€18,328 | +67.9% |
| Recurring financial charges | 65 | €26,982 | €45,310 | +€18,328 | +67.9% |
| Debt charges | 650 | €22,938 | €44,732 | +€21,795 | +95.0% |
| Other financial charges | 652/9 | €4,045 | €578 | -€3,467 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | €2,548,822 | €2,096,331 | -€452,491 | -17.8% |
| Transfer from deferred taxes | 780 | €359 | €6,062 | +€5,703 | +1,590% |
| Transfer to deferred taxes | 680 | €131,317 | €68,721 | -€62,596 | -47.7% |
| Income taxes | 67/77 | €461,295 | €474,204 | +€12,908 | +2.8% |
| Taxes | 670/3 | €461,295 | €474,204 | +€12,908 | +2.8% |
| Profit (loss) for the period | 9904 | €1,956,568 | €1,559,468 | -€397,100 | -20.3% |
| Transfer from tax-exempt reserves | 789 | €1,076 | €18,185 | +€17,109 | +1,590% |
| Transfer to tax-exempt reserves | 689 | €393,951 | €206,164 | -€187,787 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,563,694 | €1,371,490 | -€192,204 | -12.3% |
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 29 October 2026 via checked.be.