PASSION: 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.
PASSION
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€1,039
up €1,039 (+1.7%), from €60,131 to €61,170
- Profit (loss) carried forward -€531
down €531 (-0.6%), from -€91,704 to -€92,235
- Accrued charges and deferred income -€387
no longer reported in 2025 (was €387)
- Trade debts -€120
down €120 (-60.3%), from €199 to €79
- Other operating charges -€1,216
down €1,216 (-88.2%), from €1,379 to €162
- Gross operating margin +€256
up €256 (+41.9%), from -€611 to -€355
- Financial charges -€17
down €17 (-55.5%), from €31 to €14
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total equity and liabilities | 10/49 | €0 | €0 | = | |
| Equity | 10/15 | -€60,717 | -€61,248 | -€531 | -0.9% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,704 | -€92,235 | -€531 | -0.6% |
| Amounts payable | 17/49 | €60,717 | €61,248 | +€531 | +0.9% |
| Amounts payable within one year | 42/48 | €60,330 | €61,248 | +€919 | +1.5% |
| Trade debts | 44 | €199 | €79 | -€120 | -60.3% |
| Suppliers | 440/4 | €199 | €79 | -€120 | -60.3% |
| Other amounts payable | 47/48 | €60,131 | €61,170 | +€1,039 | +1.7% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Other operating charges | 640/8 | €1,379 | €162 | -€1,216 | -88.2% |
| Gross operating margin | 9900 | -€611 | -€355 | +€256 | +41.9% |
| Operating profit (loss) | 9901 | -€1,990 | -€518 | +€1,472 | +74.0% |
| Financial charges | 65/66B | €31 | €14 | -€17 | -55.5% |
| Recurring financial charges | 65 | €31 | €14 | -€17 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,021 | -€531 | +€1,489 | +73.7% |
| Profit (loss) for the period | 9904 | -€2,021 | -€531 | +€1,489 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,021 | -€531 | +€1,489 | +73.7% |
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 9 October 2026 via checked.be.