PAST'AMORE: 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.
PAST'AMORE
Largest movements
- Tangible fixed assets -€8,882
down €8,882 (-12.6%), from €70,458 to €61,576
of which Other tangible fixed assets: -€6,702
- Cash -€5,482
down €5,482 (-54.6%), from €10,045 to €4,563
mainly Debts after one year (-€16,096) and Other debts (-€5,990)
- Deferred charges and accrued income +€1,846
up €1,846 (+14.6%), from €12,643 to €14,489
- Receivables within one year +€1,569
up €1,569 (+5.7%), from €27,628 to €29,197
of which Other amounts receivable: +€5,466
- Debts after one year -€16,096
down €16,096 (-33.6%), from €47,892 to €31,796
- Profit (loss) carried forward +€13,853
up €13,853 (+169%), from €8,203 to €22,056
- Other debts -€5,990
down €5,990 (-43.2%), from €13,877 to €7,887
- Tax, wage and social debts +€4,083
up €4,083 (+33.9%), from €12,054 to €16,137
of which Taxes: +€6,843
- Trade debts -€4,046
down €4,046 (-56.4%), from €7,172 to €3,125
- Staff costs -€23,036
down €23,036 (-39.2%), from €58,830 to €35,794
- Gross operating margin -€12,564
down €12,564 (-14.4%), from €87,384 to €74,819
- Taxes +€7,735
up €7,735 (+819%), from €944 to €8,679
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 | €130,537 | €120,280 | -€10,256 | -7.9% |
| Fixed assets | 21/28 | €74,320 | €65,438 | -€8,882 | -12.0% |
| Tangible fixed assets | 22/27 | €70,458 | €61,576 | -€8,882 | -12.6% |
| Plant, machinery and equipment | 23 | €4,027 | €3,543 | -€485 | -12.0% |
| Furniture and vehicles | 24 | €6,798 | €5,103 | -€1,696 | -24.9% |
| Other tangible fixed assets | 26 | €59,633 | €52,930 | -€6,702 | -11.2% |
| Financial fixed assets | 28 | €3,862 | €3,862 | = | 0.0% |
| Current assets | 29/58 | €56,216 | €54,843 | -€1,374 | -2.4% |
| Stocks and contracts in progress | 3 | €5,901 | €6,594 | +€693 | +11.8% |
| Stocks | 30/36 | €5,901 | €6,594 | +€693 | +11.8% |
| Amounts receivable within one year | 40/41 | €27,628 | €29,197 | +€1,569 | +5.7% |
| Trade receivables | 40 | €21,945 | €18,048 | -€3,897 | -17.8% |
| Other amounts receivable | 41 | €5,683 | €11,148 | +€5,466 | +96.2% |
| Cash at bank and in hand | 54/58 | €10,045 | €4,563 | -€5,482 | -54.6% |
| Deferred charges and accrued income | 490/1 | €12,643 | €14,489 | +€1,846 | +14.6% |
| Total equity and liabilities | 10/49 | €130,537 | €120,280 | -€10,256 | -7.9% |
| Equity | 10/15 | €29,583 | €43,436 | +€13,853 | +46.8% |
| Contributions | 10/11 | €19,520 | €19,520 | = | 0.0% |
| Contributions outside capital | 11 | €19,520 | €19,520 | = | 0.0% |
| Other | 1109/19 | €19,520 | €19,520 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,203 | €22,056 | +€13,853 | +169% |
| Amounts payable | 17/49 | €100,954 | €76,845 | -€24,109 | -23.9% |
| Amounts payable after more than one year | 17 | €47,892 | €31,796 | -€16,096 | -33.6% |
| Financial debts | 170/4 | €47,892 | €31,796 | -€16,096 | -33.6% |
| Amounts payable within one year | 42/48 | €52,561 | €44,549 | -€8,013 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €19,459 | €17,400 | -€2,059 | -10.6% |
| Trade debts | 44 | €7,172 | €3,125 | -€4,046 | -56.4% |
| Suppliers | 440/4 | €7,172 | €3,125 | -€4,046 | -56.4% |
| Taxes, remuneration and social security | 45 | €12,054 | €16,137 | +€4,083 | +33.9% |
| Taxes | 450/3 | €3,833 | €10,675 | +€6,843 | +179% |
| Remuneration and social security | 454/9 | €8,221 | €5,461 | -€2,760 | -33.6% |
| Other amounts payable | 47/48 | €13,877 | €7,887 | -€5,990 | -43.2% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €58,830 | €35,794 | -€23,036 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,141 | €10,146 | +€5 | 0.0% |
| Other operating charges | 640/8 | €2,657 | €2,411 | -€247 | -9.3% |
| Gross operating margin | 9900 | €87,384 | €74,819 | -€12,564 | -14.4% |
| Operating profit (loss) | 9901 | €15,755 | €26,469 | +€10,714 | +68.0% |
| Financial income | 75/76B | €33 | €24 | -€10 | -29.0% |
| Recurring financial income | 75 | €33 | €24 | -€10 | -29.0% |
| Financial charges | 65/66B | €4,379 | €3,960 | -€419 | -9.6% |
| Recurring financial charges | 65 | €4,379 | €3,960 | -€419 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €11,410 | €22,532 | +€11,123 | +97.5% |
| Income taxes | 67/77 | €944 | €8,679 | +€7,735 | +819% |
| Profit (loss) for the period | 9904 | €10,465 | €13,853 | +€3,388 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,465 | €13,853 | +€3,388 | +32.4% |
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 22 October 2026 via checked.be.