PASSION ARDENTE: what changed
PASSION ARDENTE
Largest movements
- Cash +€8,404
up €8,404 (+23.4%), from €35,931 to €44,336
mainly Trade debts (+€9,430) and Net result for the year (+€4,513)
- Receivables within one year +€6,257
new in 2024: €6,257
- Tangible fixed assets -€4,412
down €4,412 (-6.0%), from €73,870 to €69,458
- Trade debts +€9,430
up €9,430 (+425%), from €2,219 to €11,650
- Profit (loss) carried forward +€4,513
up €4,513 (+22.2%), from €20,357 to €24,870
- Other debts -€3,028
down €3,028 (-47.1%), from €6,427 to €3,399
- Gross operating margin +€5,406
up €5,406 (+42.6%), from €12,696 to €18,102
- Other operating charges +€2,301
up €2,301 (+36.7%), from €6,263 to €8,564
- Depreciation +€1,409
up €1,409 (+46.9%), from €3,003 to €4,412
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,736 | €121,110 | +€10,374 | +9.4% |
| Fixed assets | 21/28 | €73,870 | €69,458 | -€4,412 | -6.0% |
| Tangible fixed assets | 22/27 | €73,870 | €69,458 | -€4,412 | -6.0% |
| Land and buildings | 22 | €73,870 | €69,458 | -€4,412 | -6.0% |
| Current assets | 29/58 | €36,867 | €51,652 | +€14,786 | +40.1% |
| Amounts receivable within one year | 40/41 | - | €6,257 | +€6,257 | |
| Trade receivables | 40 | - | €6,257 | +€6,257 | |
| Cash at bank and in hand | 54/58 | €35,931 | €44,336 | +€8,404 | +23.4% |
| Deferred charges and accrued income | 490/1 | €935 | €1,060 | +€125 | +13.3% |
| Total equity and liabilities | 10/49 | €110,736 | €121,110 | +€10,374 | +9.4% |
| Equity | 10/15 | €88,528 | €93,041 | +€4,513 | +5.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,357 | €24,870 | +€4,513 | +22.2% |
| Amounts payable | 17/49 | €22,208 | €28,069 | +€5,861 | +26.4% |
| Amounts payable within one year | 42/48 | €9,215 | €15,696 | +€6,480 | +70.3% |
| Trade debts | 44 | €2,219 | €11,650 | +€9,430 | +425% |
| Suppliers | 440/4 | €2,219 | €11,650 | +€9,430 | +425% |
| Taxes, remuneration and social security | 45 | €569 | €647 | +€78 | +13.7% |
| Taxes | 450/3 | €569 | €647 | +€78 | +13.7% |
| Other amounts payable | 47/48 | €6,427 | €3,399 | -€3,028 | -47.1% |
| Accrued charges and deferred income | 492/3 | €12,993 | €12,373 | -€620 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,003 | €4,412 | +€1,409 | +46.9% |
| Other operating charges | 640/8 | €6,263 | €8,564 | +€2,301 | +36.7% |
| Gross operating margin | 9900 | €12,696 | €18,102 | +€5,406 | +42.6% |
| Operating profit (loss) | 9901 | €3,430 | €5,125 | +€1,695 | +49.4% |
| Financial income | 75/76B | €1 | €1 | -€0 | -24.4% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -24.4% |
| Financial charges | 65/66B | €624 | €613 | -€11 | -1.7% |
| Recurring financial charges | 65 | €624 | €613 | -€11 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €2,807 | €4,513 | +€1,706 | +60.8% |
| Profit (loss) for the period | 9904 | €2,807 | €4,513 | +€1,706 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,807 | €4,513 | +€1,706 | +60.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.