PAWI: 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.
PAWI
Largest movements
- Cash +€3,507
up €3,507 (+5.8%), from €60,372 to €63,880
mainly Other debts (+€1,522) and Net result for the year (+€1,432)
- Other debts +€1,522
up €1,522 (+3.1%), from €48,669 to €50,191
- Profit (loss) carried forward +€1,432
up €1,432 (+3.7%), from -€38,793 to -€37,360
- Gross operating margin +€1,104
up €1,104 (+19.1%), from €5,764 to €6,867
- Financial charges +€338
up €338 (+10.8%), from €3,144 to €3,482
- Other operating charges +€110
up €110 (+6.0%), from €1,843 to €1,953
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 | €124,667 | €127,960 | +€3,293 | +2.6% |
| Fixed assets | 21/28 | €63,621 | €63,621 | = | 0.0% |
| Tangible fixed assets | 22/27 | €63,621 | €63,621 | = | 0.0% |
| Land and buildings | 22 | €63,621 | €63,621 | = | 0.0% |
| Current assets | 29/58 | €61,046 | €64,340 | +€3,293 | +5.4% |
| Amounts receivable within one year | 40/41 | €674 | €460 | -€214 | -31.7% |
| Other amounts receivable | 41 | €674 | €460 | -€214 | -31.7% |
| Cash at bank and in hand | 54/58 | €60,372 | €63,880 | +€3,507 | +5.8% |
| Total equity and liabilities | 10/49 | €124,667 | €127,960 | +€3,293 | +2.6% |
| Equity | 10/15 | €74,925 | €76,357 | +€1,432 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,118 | €95,118 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,258 | €93,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,793 | -€37,360 | +€1,432 | +3.7% |
| Amounts payable | 17/49 | €49,742 | €51,603 | +€1,861 | +3.7% |
| Amounts payable within one year | 42/48 | €48,815 | €50,578 | +€1,763 | +3.6% |
| Trade debts | 44 | €146 | €387 | +€241 | +165.2% |
| Suppliers | 440/4 | €146 | €387 | +€241 | +165.2% |
| Other amounts payable | 47/48 | €48,669 | €50,191 | +€1,522 | +3.1% |
| Accrued charges and deferred income | 492/3 | €927 | €1,025 | +€98 | +10.6% |
| Other operating charges | 640/8 | €1,843 | €1,953 | +€110 | +6.0% |
| Gross operating margin | 9900 | €5,764 | €6,867 | +€1,104 | +19.1% |
| Operating profit (loss) | 9901 | €3,921 | €4,914 | +€993 | +25.3% |
| Financial charges | 65/66B | €3,144 | €3,482 | +€338 | +10.8% |
| Recurring financial charges | 65 | €3,144 | €3,482 | +€338 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €777 | €1,432 | +€655 | +84.3% |
| Profit (loss) for the period | 9904 | €777 | €1,432 | +€655 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €777 | €1,432 | +€655 | +84.3% |
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 2 October 2026 via checked.be.