Pasthys: 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.
Pasthys
Largest movements
- Cash +€33,259
up €33,259 (+60.3%), from €55,195 to €88,454
mainly Other debts (+€64,461) and Net result for the year (+€46,156)
- Tangible fixed assets -€3,337
down €3,337 (-24.5%), from €13,602 to €10,265
of which Furniture and vehicles: -€2,504
- Deferred charges and accrued income -€2,865
down €2,865 (-54.6%), from €5,245 to €2,380
- Other debts +€64,461
up €64,461 (+910.3%), from €7,082 to €71,543
- Profit (loss) carried forward -€44,133
down €44,133 (-83.1%), from €53,133 to €9,000
- Tax, wage and social debts +€6,497
up €6,497 (+76.2%), from €8,526 to €15,023
of which Taxes: +€4,848
- Trade debts +€2,945
up €2,945 (+418.2%), from €704 to €3,649
- Debts after one year -€1,953
down €1,953 (-92.1%), from €2,120 to €167
- Gross operating margin +€29,342
up €29,342 (+82.1%), from €35,761 to €65,103
- Taxes +€6,054
up €6,054 (+91.8%), from €6,593 to €12,648
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 | €74,489 | €102,549 | +€28,060 | +37.7% |
| Fixed assets | 21/28 | €13,602 | €10,265 | -€3,337 | -24.5% |
| Tangible fixed assets | 22/27 | €13,602 | €10,265 | -€3,337 | -24.5% |
| Plant, machinery and equipment | 23 | €6,862 | €6,028 | -€833 | -12.1% |
| Furniture and vehicles | 24 | €6,740 | €4,236 | -€2,504 | -37.1% |
| Current assets | 29/58 | €60,888 | €92,285 | +€31,397 | +51.6% |
| Amounts receivable within one year | 40/41 | €447 | €1,451 | +€1,003 | +224.3% |
| Trade receivables | 40 | €447 | €1,451 | +€1,003 | +224.3% |
| Cash at bank and in hand | 54/58 | €55,195 | €88,454 | +€33,259 | +60.3% |
| Deferred charges and accrued income | 490/1 | €5,245 | €2,380 | -€2,865 | -54.6% |
| Total equity and liabilities | 10/49 | €74,489 | €102,549 | +€28,060 | +37.7% |
| Equity | 10/15 | €54,133 | €10,000 | -€44,133 | -81.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,133 | €9,000 | -€44,133 | -83.1% |
| Amounts payable | 17/49 | €20,357 | €92,549 | +€72,193 | +354.6% |
| Amounts payable after more than one year | 17 | €2,120 | €167 | -€1,953 | -92.1% |
| Financial debts | 170/4 | €2,120 | €167 | -€1,953 | -92.1% |
| Amounts payable within one year | 42/48 | €18,177 | €92,167 | +€73,990 | +407.0% |
| Current portion of amounts payable after more than one year | 42 | €1,866 | €1,953 | +€87 | +4.7% |
| Trade debts | 44 | €704 | €3,649 | +€2,945 | +418.2% |
| Suppliers | 440/4 | €704 | €3,649 | +€2,945 | +418.2% |
| Taxes, remuneration and social security | 45 | €8,526 | €15,023 | +€6,497 | +76.2% |
| Taxes | 450/3 | €8,526 | €13,373 | +€4,848 | +56.9% |
| Remuneration and social security | 454/9 | - | €1,649 | +€1,649 | |
| Other amounts payable | 47/48 | €7,082 | €71,543 | +€64,461 | +910.3% |
| Accrued charges and deferred income | 492/3 | €60 | €215 | +€156 | +260.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,872 | €4,710 | -€162 | -3.3% |
| Other operating charges | 640/8 | €276 | €400 | +€124 | +44.9% |
| Gross operating margin | 9900 | €35,761 | €65,103 | +€29,342 | +82.1% |
| Operating profit (loss) | 9901 | €30,613 | €59,993 | +€29,380 | +96.0% |
| Financial income | 75/76B | €3 | €3 | -€1 | -25.3% |
| Recurring financial income | 75 | €3 | €3 | -€1 | -25.3% |
| Financial charges | 65/66B | €1,558 | €1,192 | -€366 | -23.5% |
| Recurring financial charges | 65 | €1,558 | €1,192 | -€366 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €29,058 | €58,804 | +€29,746 | +102.4% |
| Income taxes | 67/77 | €6,593 | €12,648 | +€6,054 | +91.8% |
| Profit (loss) for the period | 9904 | €22,465 | €46,156 | +€23,691 | +105.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,465 | €46,156 | +€23,691 | +105.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.