Passe-Vite: 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.
Passe-Vite
Largest movements
- Receivables within one year +€51,015
up €51,015 (+71.7%), from €71,117 to €122,131
of which Other amounts receivable: +€46,822
- Cash +€20,783
up €20,783 (+121.7%), from €17,078 to €37,861
mainly Net result for the year (+€59,538) and Depreciation (+€18,166)
- Deferred charges and accrued income +€16,784
up €16,784 (+4809.1%), from €349 to €17,133
- Tangible fixed assets -€12,315
down €12,315 (-15.0%), from €82,304 to €69,989
of which Plant, machinery and equipment: -€17,620
- Profit (loss) carried forward +€59,538
up €59,538 (+88.0%), from €67,637 to €127,175
- Trade debts +€17,540
up €17,540 (+244.1%), from €7,187 to €24,727
- Debts after one year -€5,817
down €5,817 (-35.1%), from €16,584 to €10,767
- Tax, wage and social debts +€5,102
up €5,102 (+21.0%), from €24,350 to €29,452
of which Taxes: +€5,773
- Gross operating margin +€47,262
up €47,262 (+63.5%), from €74,487 to €121,749
- Taxes +€10,372
up €10,372 (+154.3%), from €6,721 to €17,094
- Staff costs +€1,246
up €1,246 (+6.1%), from €20,308 to €21,553
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 | €174,738 | €249,580 | +€74,842 | +42.8% |
| Fixed assets | 21/28 | €82,304 | €69,989 | -€12,315 | -15.0% |
| Tangible fixed assets | 22/27 | €82,304 | €69,989 | -€12,315 | -15.0% |
| Plant, machinery and equipment | 23 | €81,461 | €63,841 | -€17,620 | -21.6% |
| Furniture and vehicles | 24 | €843 | €574 | -€269 | -31.9% |
| Other tangible fixed assets | 26 | - | €5,573 | +€5,573 | |
| Current assets | 29/58 | €92,434 | €179,591 | +€87,158 | +94.3% |
| Stocks and contracts in progress | 3 | €3,891 | €2,467 | -€1,424 | -36.6% |
| Stocks | 30/36 | €3,891 | €2,467 | -€1,424 | -36.6% |
| Amounts receivable within one year | 40/41 | €71,117 | €122,131 | +€51,015 | +71.7% |
| Trade receivables | 40 | €1,658 | €5,851 | +€4,193 | +252.9% |
| Other amounts receivable | 41 | €69,459 | €116,280 | +€46,822 | +67.4% |
| Cash at bank and in hand | 54/58 | €17,078 | €37,861 | +€20,783 | +121.7% |
| Deferred charges and accrued income | 490/1 | €349 | €17,133 | +€16,784 | +4809.1% |
| Total equity and liabilities | 10/49 | €174,738 | €249,580 | +€74,842 | +42.8% |
| Equity | 10/15 | €92,637 | €152,175 | +€59,538 | +64.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,637 | €127,175 | +€59,538 | +88.0% |
| Amounts payable | 17/49 | €82,101 | €97,405 | +€15,304 | +18.6% |
| Amounts payable after more than one year | 17 | €16,584 | €10,767 | -€5,817 | -35.1% |
| Financial debts | 170/4 | €16,584 | €10,767 | -€5,817 | -35.1% |
| Amounts payable within one year | 42/48 | €65,517 | €86,638 | +€21,121 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €25,780 | €24,259 | -€1,521 | -5.9% |
| Trade debts | 44 | €7,187 | €24,727 | +€17,540 | +244.1% |
| Suppliers | 440/4 | €7,187 | €24,727 | +€17,540 | +244.1% |
| Taxes, remuneration and social security | 45 | €24,350 | €29,452 | +€5,102 | +21.0% |
| Taxes | 450/3 | €17,985 | €23,758 | +€5,773 | +32.1% |
| Remuneration and social security | 454/9 | €6,365 | €5,693 | -€672 | -10.6% |
| Other amounts payable | 47/48 | €8,200 | €8,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €20,308 | €21,553 | +€1,246 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,888 | €18,166 | +€278 | +1.6% |
| Other operating charges | 640/8 | €2,436 | €3,016 | +€579 | +23.8% |
| Gross operating margin | 9900 | €74,487 | €121,749 | +€47,262 | +63.5% |
| Operating profit (loss) | 9901 | €33,854 | €79,014 | +€45,160 | +133.4% |
| Financial income | 75/76B | €1 | €61 | +€60 | +4289.9% |
| Recurring financial income | 75 | €1 | €61 | +€60 | +4289.9% |
| Financial charges | 65/66B | €1,378 | €2,443 | +€1,065 | +77.3% |
| Recurring financial charges | 65 | €1,378 | €2,443 | +€1,065 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €32,478 | €76,632 | +€44,154 | +136.0% |
| Income taxes | 67/77 | €6,721 | €17,094 | +€10,372 | +154.3% |
| Profit (loss) for the period | 9904 | €25,757 | €59,538 | +€33,782 | +131.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,757 | €59,538 | +€33,782 | +131.2% |
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.