PASSIONIS: 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.
PASSIONIS
Largest movements
- Receivables within one year +€5,547
up €5,547 (+66.5%), from €8,347 to €13,894
- Cash -€390
down €390 (-28.7%), from €1,361 to €971
mainly Receivables within one year (-€5,547) and Tax, wage and social debts (-€4,026)
- Trade debts +€7,823
up €7,823 (+2624.2%), from €298 to €8,122
- Tax, wage and social debts -€4,026
down €4,026 (-30.1%), from €13,364 to €9,338
of which Taxes: -€4,026
- Profit (loss) carried forward +€1,360
up €1,360 (+6.4%), from -€21,316 to -€19,956
- Gross operating margin +€15,976
up €15,976 (+14.2%), from €112,525 to €128,501
- Staff costs +€8,384
up €8,384 (+7.2%), from €116,713 to €125,096
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
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 | €9,707 | €14,865 | +€5,157 | +53.1% |
| Current assets | 29/58 | €9,707 | €14,865 | +€5,157 | +53.1% |
| Amounts receivable within one year | 40/41 | €8,347 | €13,894 | +€5,547 | +66.5% |
| Trade receivables | 40 | €8,347 | €13,894 | +€5,547 | +66.5% |
| Cash at bank and in hand | 54/58 | €1,361 | €971 | -€390 | -28.7% |
| Total equity and liabilities | 10/49 | €9,707 | €14,865 | +€5,157 | +53.1% |
| Equity | 10/15 | -€13,752 | -€12,392 | +€1,360 | +9.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Uncalled capital | 101 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €564 | €564 | = | 0.0% |
| Non-distributable reserves | 130/1 | €564 | €564 | = | 0.0% |
| Legal reserve | 130 | €564 | €564 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,316 | -€19,956 | +€1,360 | +6.4% |
| Amounts payable | 17/49 | €23,460 | €27,257 | +€3,797 | +16.2% |
| Amounts payable within one year | 42/48 | €23,460 | €27,257 | +€3,797 | +16.2% |
| Trade debts | 44 | €298 | €8,122 | +€7,823 | +2624.2% |
| Suppliers | 440/4 | €298 | €8,122 | +€7,823 | +2624.2% |
| Taxes, remuneration and social security | 45 | €13,364 | €9,338 | -€4,026 | -30.1% |
| Taxes | 450/3 | €8,444 | €4,418 | -€4,026 | -47.7% |
| Remuneration and social security | 454/9 | €4,920 | €4,920 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €9,798 | €9,798 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €116,713 | €125,096 | +€8,384 | +7.2% |
| Other operating charges | 640/8 | €1,324 | €1,683 | +€360 | +27.2% |
| Gross operating margin | 9900 | €112,525 | €128,501 | +€15,976 | +14.2% |
| Operating profit (loss) | 9901 | -€5,511 | €1,721 | +€7,232 | |
| Financial charges | 65/66B | €395 | €361 | -€34 | -8.7% |
| Recurring financial charges | 65 | €395 | €361 | -€34 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,907 | €1,360 | +€7,267 | |
| Profit (loss) for the period | 9904 | -€5,907 | €1,360 | +€7,267 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,907 | €1,360 | +€7,267 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.