PASSIONATA: what changed
Two fiscal 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.
PASSIONATA
Largest movements
- Receivables within one year +€127,050
up €127,050 (+55.6%), from €228,690 to €355,740
- Cash +€16,189
up €16,189 (+150.4%), from €10,762 to €26,951
mainly Net result for the year (+€68,111) and Debts after one year (+€51,008)
- Profit (loss) carried forward +€68,111
up €68,111 (+74.4%), from €91,513 to €159,624
- Debts after one year +€51,008
up €51,008 (+94.6%), from €53,910 to €104,919
- Trade debts +€13,958
up €13,958 (+103.7%), from €13,459 to €27,416
- Tax, wage and social debts +€10,011
up €10,011 (+16.1%), from €62,219 to €72,230
of which Taxes: +€9,851
- Turnover +€252,000
new in 2024: €252,000
- Purchases and services +€171,385
new in 2024: €171,385
- Gross operating margin +€32,873
up €32,873 (+44.0%), from €74,769 to €107,642
- Taxes +€10,126
up €10,126 (+52.1%), from €19,424 to €29,549
- Financial charges +€3,548
up €3,548 (+165.9%), from €2,139 to €5,687
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.
Cash bridge derived
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 | €248,601 | €391,689 | +€143,088 | +57.6% |
| Fixed assets | 21/28 | €5,485 | €5,485 | = | 0.0% |
| Financial fixed assets | 28 | €5,485 | €5,485 | = | 0.0% |
| Current assets | 29/58 | €243,116 | €386,204 | +€143,088 | +58.9% |
| Amounts receivable within one year | 40/41 | €228,690 | €355,740 | +€127,050 | +55.6% |
| Trade receivables | 40 | €228,690 | €355,740 | +€127,050 | +55.6% |
| Cash at bank and in hand | 54/58 | €10,762 | €26,951 | +€16,189 | +150.4% |
| Deferred charges and accrued income | 490/1 | €3,664 | €3,513 | -€151 | -4.1% |
| Total equity and liabilities | 10/49 | €248,601 | €391,689 | +€143,088 | +57.6% |
| Equity | 10/15 | €119,013 | €187,124 | +€68,111 | +57.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,513 | €159,624 | +€68,111 | +74.4% |
| Amounts payable | 17/49 | €129,588 | €204,565 | +€74,977 | +57.9% |
| Amounts payable after more than one year | 17 | €53,910 | €104,919 | +€51,008 | +94.6% |
| Other amounts payable | 178/9 | €53,910 | €104,919 | +€51,008 | +94.6% |
| Amounts payable within one year | 42/48 | €75,678 | €99,646 | +€23,969 | +31.7% |
| Trade debts | 44 | €13,459 | €27,416 | +€13,958 | +103.7% |
| Suppliers | 440/4 | €13,459 | €27,416 | +€13,958 | +103.7% |
| Taxes, remuneration and social security | 45 | €62,219 | €72,230 | +€10,011 | +16.1% |
| Taxes | 450/3 | €57,070 | €66,921 | +€9,851 | +17.3% |
| Remuneration and social security | 454/9 | €5,149 | €5,309 | +€160 | +3.1% |
| Turnover | 70 | - | €252,000 | +€252,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €171,385 | +€171,385 | |
| Other operating charges | 640/8 | €4,153 | €4,295 | +€142 | +3.4% |
| Gross operating margin | 9900 | €74,769 | €107,642 | +€32,873 | +44.0% |
| Operating profit (loss) | 9901 | €70,616 | €103,347 | +€32,731 | +46.4% |
| Financial income | 75/76B | €550 | - | -€550 | |
| Recurring financial income | 75 | €550 | - | -€550 | |
| Financial charges | 65/66B | €2,139 | €5,687 | +€3,548 | +165.9% |
| Recurring financial charges | 65 | €2,139 | €5,687 | +€3,548 | +165.9% |
| Profit (loss) for the period before taxes | 9903 | €69,028 | €97,660 | +€28,632 | +41.5% |
| Income taxes | 67/77 | €19,424 | €29,549 | +€10,126 | +52.1% |
| Profit (loss) for the period | 9904 | €49,604 | €68,111 | +€18,507 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,604 | €68,111 | +€18,507 | +37.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.