PASSION ET SAVEURS: 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 ET SAVEURS
Largest movements
- Tangible fixed assets -€19,823
down €19,823 (-31.9%), from €62,221 to €42,398
of which Leasing and similar rights: -€10,615
- Receivables within one year -€6,069
down €6,069 (-11.4%), from €53,022 to €46,953
of which Trade receivables: -€9,562
- Cash -€3,569
down €3,569 (-28.9%), from €12,339 to €8,771
mainly Debts after one year (-€25,424) and Trade debts (-€22,466)
- Debts after one year -€25,424
down €25,424 (-47.9%), from €53,114 to €27,690
- Trade debts -€22,466
down €22,466 (-54.7%), from €41,099 to €18,633
- Profit (loss) carried forward +€13,018
up €13,018 (+37.4%), from -€34,846 to -€21,827
- Other debts +€2,841
up €2,841 (+162%), from €1,757 to €4,599
- Tax, wage and social debts +€2,705
up €2,705 (+14.5%), from €18,608 to €21,313
of which Taxes: +€2,714
- Gross operating margin +€18,224
up €18,224 (+24.6%), from €74,075 to €92,300
- Staff costs +€13,037
up €13,037 (+38.9%), from €33,549 to €46,586
- Other operating charges -€9,667
down €9,667 (-75.3%), from €12,843 to €3,176
- Financial charges -€1,800
down €1,800 (-25.8%), from €6,986 to €5,186
- Depreciation +€1,387
up €1,387 (+7.5%), from €18,437 to €19,823
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 | €128,157 | €99,830 | -€28,327 | -22.1% |
| Fixed assets | 21/28 | €62,221 | €42,398 | -€19,823 | -31.9% |
| Tangible fixed assets | 22/27 | €62,221 | €42,398 | -€19,823 | -31.9% |
| Land and buildings | 22 | €15,075 | €9,815 | -€5,260 | -34.9% |
| Plant, machinery and equipment | 23 | €13,471 | €10,472 | -€2,999 | -22.3% |
| Furniture and vehicles | 24 | €2,076 | €1,126 | -€950 | -45.7% |
| Leasing and similar rights | 25 | €31,599 | €20,984 | -€10,615 | -33.6% |
| Current assets | 29/58 | €65,936 | €57,433 | -€8,503 | -12.9% |
| Amounts receivable within one year | 40/41 | €53,022 | €46,953 | -€6,069 | -11.4% |
| Trade receivables | 40 | €38,482 | €28,920 | -€9,562 | -24.8% |
| Other amounts receivable | 41 | €14,540 | €18,033 | +€3,493 | +24.0% |
| Cash at bank and in hand | 54/58 | €12,339 | €8,771 | -€3,569 | -28.9% |
| Deferred charges and accrued income | 490/1 | €574 | €1,709 | +€1,135 | +198% |
| Total equity and liabilities | 10/49 | €128,157 | €99,830 | -€28,327 | -22.1% |
| Equity | 10/15 | -€10,846 | €2,173 | +€13,018 | |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,846 | -€21,827 | +€13,018 | +37.4% |
| Amounts payable | 17/49 | €139,003 | €97,658 | -€41,345 | -29.7% |
| Amounts payable after more than one year | 17 | €53,114 | €27,690 | -€25,424 | -47.9% |
| Financial debts | 170/4 | €53,114 | €27,690 | -€25,424 | -47.9% |
| Amounts payable within one year | 42/48 | €85,838 | €69,968 | -€15,870 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €24,374 | €25,424 | +€1,050 | +4.3% |
| Trade debts | 44 | €41,099 | €18,633 | -€22,466 | -54.7% |
| Suppliers | 440/4 | €41,099 | €18,633 | -€22,466 | -54.7% |
| Taxes, remuneration and social security | 45 | €18,608 | €21,313 | +€2,705 | +14.5% |
| Taxes | 450/3 | €11,836 | €14,550 | +€2,714 | +22.9% |
| Remuneration and social security | 454/9 | €6,772 | €6,763 | -€9 | -0.1% |
| Other amounts payable | 47/48 | €1,757 | €4,599 | +€2,841 | +162% |
| Accrued charges and deferred income | 492/3 | €51 | - | -€51 | |
| Remuneration, social security and pensions | 62 | €33,549 | €46,586 | +€13,037 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,437 | €19,823 | +€1,387 | +7.5% |
| Other operating charges | 640/8 | €12,843 | €3,176 | -€9,667 | -75.3% |
| Gross operating margin | 9900 | €74,075 | €92,300 | +€18,224 | +24.6% |
| Operating profit (loss) | 9901 | €9,246 | €22,714 | +€13,468 | +146% |
| Financial income | 75/76B | €393 | €930 | +€537 | +136% |
| Recurring financial income | 75 | €393 | €930 | +€537 | +136% |
| Financial charges | 65/66B | €6,986 | €5,186 | -€1,800 | -25.8% |
| Recurring financial charges | 65 | €6,986 | €5,186 | -€1,800 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €2,654 | €18,458 | +€15,805 | +596% |
| Income taxes | 67/77 | €4,236 | €5,440 | +€1,204 | +28.4% |
| Profit (loss) for the period | 9904 | -€1,583 | €13,018 | +€14,601 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,583 | €13,018 | +€14,601 |
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 31 October 2026 via checked.be.