Passensum: 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.
Passensum
Largest movements
- Cash +€10,918
up €10,918 (+59.7%), from €18,301 to €29,219
mainly Net result for the year (+€9,096) and Depreciation (+€7,828)
- Receivables within one year -€6,752
down €6,752 (-62.2%), from €10,855 to €4,103
of which Trade receivables: -€10,832
- Tangible fixed assets -€5,789
down €5,789 (-40.3%), from €14,361 to €8,571
- Intangible fixed assets -€2,038
down €2,038 (-83.0%), from €2,456 to €418
- Other debts -€9,891
no longer reported in 2025 (was €9,891)
- Profit (loss) carried forward +€9,096
up €9,096 (+41.2%), from -€22,070 to -€12,974
- Tax, wage and social debts -€2,086
down €2,086 (-93.6%), from €2,229 to €143
- Trade debts -€965
down €965 (-87.0%), from €1,109 to €144
- Gross operating margin +€12,420
up €12,420 (+228.3%), from €5,440 to €17,859
- Depreciation -€781
down €781 (-9.1%), from €8,609 to €7,828
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 | €61,159 | €57,712 | -€3,447 | -5.6% |
| Fixed assets | 21/28 | €16,817 | €8,989 | -€7,828 | -46.5% |
| Intangible fixed assets | 21 | €2,456 | €418 | -€2,038 | -83.0% |
| Tangible fixed assets | 22/27 | €14,361 | €8,571 | -€5,789 | -40.3% |
| Furniture and vehicles | 24 | €14,361 | €8,571 | -€5,789 | -40.3% |
| Current assets | 29/58 | €44,343 | €48,723 | +€4,380 | +9.9% |
| Stocks and contracts in progress | 3 | €14,751 | €14,751 | = | 0.0% |
| Stocks | 30/36 | €14,751 | €14,751 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,855 | €4,103 | -€6,752 | -62.2% |
| Trade receivables | 40 | €10,832 | - | -€10,832 | |
| Other amounts receivable | 41 | €23 | €4,103 | +€4,080 | +17645.3% |
| Cash at bank and in hand | 54/58 | €18,301 | €29,219 | +€10,918 | +59.7% |
| Deferred charges and accrued income | 490/1 | €436 | €650 | +€214 | +49.1% |
| Total equity and liabilities | 10/49 | €61,159 | €57,712 | -€3,447 | -5.6% |
| Equity | 10/15 | €47,930 | €57,026 | +€9,096 | +19.0% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,070 | -€12,974 | +€9,096 | +41.2% |
| Amounts payable | 17/49 | €13,229 | €686 | -€12,543 | -94.8% |
| Amounts payable within one year | 42/48 | €13,229 | €286 | -€12,943 | -97.8% |
| Trade debts | 44 | €1,109 | €144 | -€965 | -87.0% |
| Suppliers | 440/4 | €1,109 | €144 | -€965 | -87.0% |
| Taxes, remuneration and social security | 45 | €2,229 | €143 | -€2,086 | -93.6% |
| Taxes | 450/3 | €2,229 | €143 | -€2,086 | -93.6% |
| Other amounts payable | 47/48 | €9,891 | - | -€9,891 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,609 | €7,828 | -€781 | -9.1% |
| Other operating charges | 640/8 | €663 | €725 | +€62 | +9.4% |
| Gross operating margin | 9900 | €5,440 | €17,859 | +€12,420 | +228.3% |
| Operating profit (loss) | 9901 | -€3,832 | €9,306 | +€13,139 | |
| Financial income | 75/76B | - | €52 | +€52 | |
| Recurring financial income | 75 | - | €52 | +€52 | |
| Financial charges | 65/66B | €196 | €120 | -€76 | -38.9% |
| Recurring financial charges | 65 | €196 | €120 | -€76 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,028 | €9,239 | +€13,267 | |
| Income taxes | 67/77 | €127 | €143 | +€16 | +12.5% |
| Profit (loss) for the period | 9904 | -€4,155 | €9,096 | +€13,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,155 | €9,096 | +€13,251 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.