PASSIE-flora: 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.
PASSIE-flora
Largest movements
- Cash -€9,569
down €9,569 (-43.2%), from €22,126 to €12,557
mainly Trade debts (-€6,347) and Debts after one year (-€3,747)
- Tangible fixed assets -€5,444
down €5,444 (-55.6%), from €9,798 to €4,354
of which Furniture and vehicles: -€2,750
- Receivables within one year +€2,005
up €2,005 (+7.1%), from €28,103 to €30,108
of which Other amounts receivable: +€2,066
- Stocks and contracts +€1,500
up €1,500 (+7.5%), from €19,975 to €21,475
- Reserves +€10,705
up €10,705 (+27.5%), from €38,914 to €49,619
- Profit (loss) carried forward -€10,268
no longer reported in 2025 (was €10,268)
- Trade debts -€6,347
down €6,347 (-78.5%), from €8,085 to €1,737
- Debts after one year -€3,747
no longer reported in 2025 (was €3,747)
- Current portion of long-term debt -€1,167
down €1,167 (-23.7%), from €4,914 to €3,747
- Gross operating margin +€16,278
up €16,278 (+3,493%), from €466 to €16,744
- Financial charges +€2,906
up €2,906 (+35.0%), from €8,296 to €11,202
of which Non-recurring financial charges: +€4,426
- Financial income +€1,725
up €1,725 (+25,483%), from €7 to €1,732
- Other operating charges +€1,070
up €1,070 (+615%), from €174 to €1,244
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 | €83,383 | €71,054 | -€12,329 | -14.8% |
| Fixed assets | 21/28 | €9,811 | €4,367 | -€5,444 | -55.5% |
| Tangible fixed assets | 22/27 | €9,798 | €4,354 | -€5,444 | -55.6% |
| Plant, machinery and equipment | 23 | €5,435 | €2,742 | -€2,694 | -49.6% |
| Furniture and vehicles | 24 | €4,363 | €1,613 | -€2,750 | -63.0% |
| Financial fixed assets | 28 | €13 | €13 | = | 0.0% |
| Current assets | 29/58 | €73,572 | €66,687 | -€6,885 | -9.4% |
| Stocks and contracts in progress | 3 | €19,975 | €21,475 | +€1,500 | +7.5% |
| Stocks | 30/36 | €19,975 | €21,475 | +€1,500 | +7.5% |
| Amounts receivable within one year | 40/41 | €28,103 | €30,108 | +€2,005 | +7.1% |
| Trade receivables | 40 | €1,530 | €1,469 | -€61 | -4.0% |
| Other amounts receivable | 41 | €26,574 | €28,639 | +€2,066 | +7.8% |
| Cash at bank and in hand | 54/58 | €22,126 | €12,557 | -€9,569 | -43.2% |
| Deferred charges and accrued income | 490/1 | €3,368 | €2,547 | -€821 | -24.4% |
| Total equity and liabilities | 10/49 | €83,383 | €71,054 | -€12,329 | -14.8% |
| Equity | 10/15 | €62,882 | €63,319 | +€437 | +0.7% |
| Contributions | 10/11 | €13,700 | €13,700 | = | 0.0% |
| Contributions outside capital | 11 | €13,700 | €13,700 | = | 0.0% |
| Other | 1109/19 | €13,700 | €13,700 | = | 0.0% |
| Reserves | 13 | €38,914 | €49,619 | +€10,705 | +27.5% |
| Distributable reserves | 133 | €38,914 | €49,619 | +€10,705 | +27.5% |
| Profit (loss) carried forward | 14 | €10,268 | - | -€10,268 | |
| Amounts payable | 17/49 | €20,501 | €7,736 | -€12,766 | -62.3% |
| Amounts payable after more than one year | 17 | €3,747 | - | -€3,747 | |
| Financial debts | 170/4 | €3,747 | - | -€3,747 | |
| Amounts payable within one year | 42/48 | €16,755 | €7,736 | -€9,019 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €4,914 | €3,747 | -€1,167 | -23.7% |
| Trade debts | 44 | €8,085 | €1,737 | -€6,347 | -78.5% |
| Suppliers | 440/4 | €8,085 | €1,737 | -€6,347 | -78.5% |
| Taxes, remuneration and social security | 45 | €2,756 | €2,252 | -€505 | -18.3% |
| Taxes | 450/3 | €2,756 | €2,252 | -€505 | -18.3% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,440 | €5,444 | +€4 | +0.1% |
| Other operating charges | 640/8 | €174 | €1,244 | +€1,070 | +615% |
| Gross operating margin | 9900 | €466 | €16,744 | +€16,278 | +3,493% |
| Operating profit (loss) | 9901 | -€5,148 | €10,056 | +€15,204 | |
| Financial income | 75/76B | €7 | €1,732 | +€1,725 | +25,483% |
| Recurring financial income | 75 | €7 | €1,732 | +€1,725 | +25,483% |
| Financial charges | 65/66B | €8,296 | €11,202 | +€2,906 | +35.0% |
| Recurring financial charges | 65 | €5,296 | €3,776 | -€1,520 | -28.7% |
| Non-recurring financial charges | 66B | €3,000 | €7,426 | +€4,426 | +148% |
| Profit (loss) for the period before taxes | 9903 | -€13,437 | €586 | +€14,023 | |
| Income taxes | 67/77 | €81 | €149 | +€69 | +84.9% |
| Profit (loss) for the period | 9904 | -€13,518 | €437 | +€13,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,518 | €437 | +€13,954 |
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 24 October 2026 via checked.be.