PASTHIAL: 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.
PASTHIAL
Largest movements
- Cash -€38,408
down €38,408 (-13.1%), from €292,268 to €253,860
mainly Tax, wage and social debts (-€71,561) and Receivables within one year (-€15,963)
- Current investments -€37,866
no longer reported in 2025 (was €37,866)
- Receivables within one year +€15,963
new in 2025: €15,963
- Financial fixed assets +€6,496
new in 2025: €6,496
- Tax, wage and social debts -€71,561
no longer reported in 2025 (was €71,561)
- Profit (loss) carried forward +€18,180
up €18,180 (+12.2%), from €149,004 to €167,183
- Financial income -€276,270
down €276,270 (-99.0%), from €278,938 to €2,668
of which Non-recurring financial income: -€261,203
- Taxes -€69,405
down €69,405 (-94.2%), from €73,712 to €4,307
- Financial charges -€5,379
down €5,379 (-32.4%), from -€16,582 to -€21,961
- Gross operating margin +€3,162
up €3,162 (+59.6%), from -€5,305 to -€2,143
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 | €330,134 | €276,319 | -€53,815 | -16.3% |
| Fixed assets | 21/28 | - | €6,496 | +€6,496 | |
| Financial fixed assets | 28 | - | €6,496 | +€6,496 | |
| Current assets | 29/58 | €330,134 | €269,823 | -€60,311 | -18.3% |
| Amounts receivable within one year | 40/41 | - | €15,963 | +€15,963 | |
| Other amounts receivable | 41 | - | €15,963 | +€15,963 | |
| Current investments | 50/53 | €37,866 | - | -€37,866 | |
| Cash at bank and in hand | 54/58 | €292,268 | €253,860 | -€38,408 | -13.1% |
| Total equity and liabilities | 10/49 | €330,134 | €276,319 | -€53,815 | -16.3% |
| Equity | 10/15 | €257,040 | €275,219 | +€18,180 | +7.1% |
| Contributions | 10/11 | €108,036 | €108,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,004 | €167,183 | +€18,180 | +12.2% |
| Amounts payable | 17/49 | €73,094 | €1,100 | -€71,994 | -98.5% |
| Amounts payable within one year | 42/48 | €73,094 | €1,100 | -€71,994 | -98.5% |
| Trade debts | 44 | €1,534 | €1,100 | -€434 | -28.3% |
| Suppliers | 440/4 | €1,534 | €1,100 | -€434 | -28.3% |
| Taxes, remuneration and social security | 45 | €71,561 | - | -€71,561 | |
| Taxes | 450/3 | €71,561 | - | -€71,561 | |
| Gross operating margin | 9900 | -€5,305 | -€2,143 | +€3,162 | +59.6% |
| Operating profit (loss) | 9901 | -€5,305 | -€2,143 | +€3,162 | +59.6% |
| Financial income | 75/76B | €278,938 | €2,668 | -€276,270 | -99.0% |
| Recurring financial income | 75 | €17,735 | €2,668 | -€15,067 | -85.0% |
| Non-recurring financial income | 76B | €261,203 | - | -€261,203 | |
| Financial charges | 65/66B | -€16,582 | -€21,961 | -€5,379 | -32.4% |
| Recurring financial charges | 65 | -€16,582 | -€21,961 | -€5,379 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €290,215 | €22,486 | -€267,729 | -92.3% |
| Income taxes | 67/77 | €73,712 | €4,307 | -€69,405 | -94.2% |
| Profit (loss) for the period | 9904 | €216,503 | €18,180 | -€198,324 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €216,503 | €18,180 | -€198,324 | -91.6% |
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 27 October 2026 via checked.be.