PASSIEFHUIS - PLATFORM: 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.
PASSIEFHUIS - PLATFORM
Largest movements
- Receivables within one year -€119,849
down €119,849 (-28.2%), from €424,349 to €304,499
of which Other amounts receivable: -€128,905
- Cash -€17,047
down €17,047 (-45.2%), from €37,694 to €20,647
mainly Accrued charges and deferred income (-€95,193) and Debts within one year (-€49,913)
- Intangible fixed assets -€12,125
down €12,125 (-41.2%), from €29,427 to €17,301
- Deferred charges and accrued income +€8,176
up €8,176 (+67.3%), from €12,152 to €20,328
- Accrued charges and deferred income -€95,193
down €95,193 (-51.4%), from €185,139 to €89,946
- Debts within one year -€49,913
down €49,913 (-16.5%), from €301,690 to €251,778
- Gross operating margin +€63,444
up €63,444 (+19.9%), from €319,157 to €382,601
- Staff costs +€18,256
up €18,256 (+5.5%), from €333,918 to €352,174
- Depreciation +€6,500
up €6,500 (+111%), from €5,833 to €12,333
- Other operating charges +€6,315
up €6,315 (+2,879%), from €219 to €6,534
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 | €511,939 | €370,897 | -€141,042 | -27.6% |
| Fixed assets | 21/28 | €37,744 | €25,423 | -€12,321 | -32.6% |
| Intangible fixed assets | 21 | €29,427 | €17,301 | -€12,125 | -41.2% |
| Tangible fixed assets | 22/27 | €513 | €305 | -€208 | -40.5% |
| Furniture and vehicles | 24 | €513 | €305 | -€208 | -40.5% |
| Financial fixed assets | 28 | €7,804 | €7,817 | +€13 | +0.2% |
| Current assets | 29/58 | €474,195 | €345,474 | -€128,721 | -27.1% |
| Amounts receivable within one year | 40/41 | €424,349 | €304,499 | -€119,849 | -28.2% |
| Trade receivables | 40 | €49,863 | €58,918 | +€9,055 | +18.2% |
| Other amounts receivable | 41 | €374,486 | €245,581 | -€128,905 | -34.4% |
| Cash at bank and in hand | 54/58 | €37,694 | €20,647 | -€17,047 | -45.2% |
| Deferred charges and accrued income | 490/1 | €12,152 | €20,328 | +€8,176 | +67.3% |
| Total equity and liabilities | 10/49 | €511,939 | €370,897 | -€141,042 | -27.6% |
| Equity | 10/15 | €25,110 | €29,174 | +€4,064 | +16.2% |
| Profit (loss) carried forward | 14 | €25,110 | €29,174 | +€4,064 | +16.2% |
| Amounts payable | 17/49 | €486,829 | €341,724 | -€145,105 | -29.8% |
| Amounts payable within one year | 42/48 | €301,690 | €251,778 | -€49,913 | -16.5% |
| Financial debts | 43 | €141,218 | €133,779 | -€7,439 | -5.3% |
| Other loans | 439 | €141,218 | €133,779 | -€7,439 | -5.3% |
| Trade debts | 44 | €67,199 | €45,122 | -€22,077 | -32.9% |
| Suppliers | 440/4 | €67,199 | €45,122 | -€22,077 | -32.9% |
| Taxes, remuneration and social security | 45 | €48,677 | €52,364 | +€3,687 | +7.6% |
| Taxes | 450/3 | €8,076 | €12,538 | +€4,462 | +55.3% |
| Remuneration and social security | 454/9 | €40,601 | €39,826 | -€775 | -1.9% |
| Accrued charges and deferred income | 492/3 | €185,139 | €89,946 | -€95,193 | -51.4% |
| Remuneration, social security and pensions | 62 | €333,918 | €352,174 | +€18,256 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,833 | €12,333 | +€6,500 | +111% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €189 | - | -€189 | |
| Other operating charges | 640/8 | €219 | €6,534 | +€6,315 | +2,879% |
| Gross operating margin | 9900 | €319,157 | €382,601 | +€63,444 | +19.9% |
| Operating profit (loss) | 9901 | -€21,002 | €11,559 | +€32,561 | |
| Financial income | 75/76B | €6 | €19 | +€12 | +194% |
| Recurring financial income | 75 | €6 | €19 | +€12 | +194% |
| Financial charges | 65/66B | €9,127 | €7,509 | -€1,618 | -17.7% |
| Recurring financial charges | 65 | €9,127 | €7,509 | -€1,618 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,122 | €4,069 | +€34,192 | |
| Income taxes | 67/77 | €2 | €6 | +€3 | +130% |
| Profit (loss) for the period | 9904 | -€30,125 | €4,064 | +€34,188 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,125 | €4,064 | +€34,188 |
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 28 October 2026 via checked.be.