PASTATH: 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.
PASTATH
Largest movements
- Receivables within one year +€51,471
up €51,471 (+192.8%), from €26,702 to €78,173
of which Trade receivables: +€43,996
- Tangible fixed assets -€12,215
down €12,215 (-23.5%), from €52,026 to €39,811
of which Land and buildings: -€9,495
- Cash -€3,448
down €3,448 (-7.7%), from €44,507 to €41,059
mainly Receivables within one year (-€51,471) and Net result for the year (-€13,153)
- Trade debts +€51,546
up €51,546 (+110.7%), from €46,547 to €98,093
- Reserves -€13,153
down €13,153 (-27.7%), from €47,466 to €34,313
- Tax, wage and social debts -€2,586
down €2,586 (-10.6%), from €24,357 to €21,771
- Staff costs +€22,989
up €22,989 (+11.4%), from €202,344 to €225,333
- Gross operating margin +€21,731
up €21,731 (+10.5%), from €207,097 to €228,828
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 | €136,970 | €172,777 | +€35,807 | +26.1% |
| Fixed assets | 21/28 | €55,386 | €43,171 | -€12,215 | -22.1% |
| Tangible fixed assets | 22/27 | €52,026 | €39,811 | -€12,215 | -23.5% |
| Land and buildings | 22 | €45,587 | €36,092 | -€9,495 | -20.8% |
| Plant, machinery and equipment | 23 | €4,804 | €3,319 | -€1,485 | -30.9% |
| Furniture and vehicles | 24 | €1,635 | €400 | -€1,235 | -75.5% |
| Financial fixed assets | 28 | €3,360 | €3,360 | = | 0.0% |
| Current assets | 29/58 | €81,584 | €129,606 | +€48,022 | +58.9% |
| Stocks and contracts in progress | 3 | €10,375 | €10,374 | -€1 | 0.0% |
| Stocks | 30/36 | €10,375 | €10,374 | -€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €26,702 | €78,173 | +€51,471 | +192.8% |
| Trade receivables | 40 | €21,277 | €65,273 | +€43,996 | +206.8% |
| Other amounts receivable | 41 | €5,425 | €12,900 | +€7,475 | +137.8% |
| Cash at bank and in hand | 54/58 | €44,507 | €41,059 | -€3,448 | -7.7% |
| Total equity and liabilities | 10/49 | €136,970 | €172,777 | +€35,807 | +26.1% |
| Equity | 10/15 | €66,066 | €52,913 | -€13,153 | -19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,466 | €34,313 | -€13,153 | -27.7% |
| Distributable reserves | 133 | €47,466 | €34,313 | -€13,153 | -27.7% |
| Amounts payable | 17/49 | €70,904 | €119,864 | +€48,960 | +69.1% |
| Amounts payable within one year | 42/48 | €70,904 | €119,864 | +€48,960 | +69.1% |
| Trade debts | 44 | €46,547 | €98,093 | +€51,546 | +110.7% |
| Suppliers | 440/4 | €46,547 | €98,093 | +€51,546 | +110.7% |
| Taxes, remuneration and social security | 45 | €24,357 | €21,771 | -€2,586 | -10.6% |
| Remuneration and social security | 454/9 | €24,357 | €21,771 | -€2,586 | -10.6% |
| Remuneration, social security and pensions | 62 | €202,344 | €225,333 | +€22,989 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,517 | €12,215 | -€302 | -2.4% |
| Other operating charges | 640/8 | €1,117 | €1,641 | +€524 | +46.9% |
| Gross operating margin | 9900 | €207,097 | €228,828 | +€21,731 | +10.5% |
| Operating profit (loss) | 9901 | -€8,881 | -€10,361 | -€1,480 | -16.7% |
| Financial income | 75/76B | €37 | - | -€37 | |
| Recurring financial income | 75 | €37 | - | -€37 | |
| Financial charges | 65/66B | €857 | €2,792 | +€1,935 | +225.8% |
| Recurring financial charges | 65 | €857 | €2,792 | +€1,935 | +225.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,701 | -€13,153 | -€3,452 | -35.6% |
| Profit (loss) for the period | 9904 | -€9,701 | -€13,153 | -€3,452 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,701 | -€13,153 | -€3,452 | -35.6% |
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.