PASSION 786: 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 786
Largest movements
- Receivables within one year -€38,217
down €38,217 (-46.8%), from €81,717 to €43,500
of which Trade receivables: -€81,717
- Stocks and contracts -€14,153
no longer reported in 2024 (was €14,153)
- Cash -€4,510
down €4,510 (-53.8%), from €8,386 to €3,877
mainly Other debts (-€77,870) and Trade debts (-€4,049)
- Other debts -€77,870
no longer reported in 2024 (was €77,870)
- Tax, wage and social debts +€14,490
up €14,490 (+244%), from €5,950 to €20,440
of which Taxes: +€14,565
- Profit (loss) carried forward +€10,699
up €10,699 (+93.4%), from €11,460 to €22,160
- Trade debts -€4,049
down €4,049 (-81.4%), from €4,976 to €927
- Gross operating margin +€15,102
up €15,102 (+180%), from €8,382 to €23,485
- Staff costs +€5,220
new in 2024: €5,220
- Financial charges -€4,672
down €4,672 (-86.8%), from €5,383 to €711
- Other operating charges +€3,843
new in 2024: €3,843
- Taxes +€2,410
up €2,410 (+376%), from €641 to €3,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,256 | €47,527 | -€56,729 | -54.4% |
| Current assets | 29/58 | €104,256 | €47,527 | -€56,729 | -54.4% |
| Stocks and contracts in progress | 3 | €14,153 | - | -€14,153 | |
| Stocks | 30/36 | €14,153 | - | -€14,153 | |
| Amounts receivable within one year | 40/41 | €81,717 | €43,500 | -€38,217 | -46.8% |
| Trade receivables | 40 | €81,717 | - | -€81,717 | |
| Other amounts receivable | 41 | - | €43,500 | +€43,500 | |
| Cash at bank and in hand | 54/58 | €8,386 | €3,877 | -€4,510 | -53.8% |
| Deferred charges and accrued income | 490/1 | - | €150 | +€150 | |
| Total equity and liabilities | 10/49 | €104,256 | €47,527 | -€56,729 | -54.4% |
| Equity | 10/15 | €15,460 | €26,160 | +€10,699 | +69.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,460 | €22,160 | +€10,699 | +93.4% |
| Amounts payable | 17/49 | €88,795 | €21,367 | -€67,428 | -75.9% |
| Amounts payable within one year | 42/48 | €88,795 | €21,367 | -€67,428 | -75.9% |
| Trade debts | 44 | €4,976 | €927 | -€4,049 | -81.4% |
| Suppliers | 440/4 | €4,976 | €927 | -€4,049 | -81.4% |
| Taxes, remuneration and social security | 45 | €5,950 | €20,440 | +€14,490 | +244% |
| Taxes | 450/3 | €5,875 | €20,440 | +€14,565 | +248% |
| Remuneration and social security | 454/9 | €75 | - | -€75 | |
| Other amounts payable | 47/48 | €77,870 | - | -€77,870 | |
| Remuneration, social security and pensions | 62 | - | €5,220 | +€5,220 | |
| Other operating charges | 640/8 | - | €3,843 | +€3,843 | |
| Gross operating margin | 9900 | €8,382 | €23,485 | +€15,102 | +180% |
| Operating profit (loss) | 9901 | €8,382 | €14,422 | +€6,040 | +72.1% |
| Financial income | 75/76B | €4 | €39 | +€35 | +813% |
| Recurring financial income | 75 | €4 | €39 | +€35 | +813% |
| Financial charges | 65/66B | €5,383 | €711 | -€4,672 | -86.8% |
| Recurring financial charges | 65 | €5,383 | €711 | -€4,672 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | €3,003 | €13,750 | +€10,747 | +358% |
| Income taxes | 67/77 | €641 | €3,051 | +€2,410 | +376% |
| Profit (loss) for the period | 9904 | €2,362 | €10,699 | +€8,337 | +353% |
| Profit (loss) for the period to be appropriated | 9905 | €2,362 | €10,699 | +€8,337 | +353% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.