PAYITAHT: 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.
PAYITAHT
Largest movements
- Cash -€50,628
down €50,628 (-87.1%), from €58,159 to €7,531
mainly Receivables within one year (-€39,788) and Tax, wage and social debts (-€33,251)
- Receivables within one year +€39,788
up €39,788 (+34.5%), from €115,468 to €155,256
of which Other amounts receivable: +€26,401
- Tangible fixed assets -€11,831
down €11,831 (-17.4%), from €67,947 to €56,117
of which Plant, machinery and equipment: -€6,626
- Intangible fixed assets -€10,000
down €10,000 (-28.6%), from €34,932 to €24,932
- Tax, wage and social debts -€33,251
down €33,251 (-51.5%), from €64,570 to €31,319
of which Taxes: -€29,386
- Gross operating margin -€84,152
down €84,152 (-33.3%), from €252,579 to €168,426
- Staff costs -€23,957
down €23,957 (-15.0%), from €160,022 to €136,065
- Taxes -€12,850
down €12,850 (-88.5%), from €14,520 to €1,670
- Depreciation +€4,299
up €4,299 (+18.9%), from €22,730 to €27,029
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 | €322,861 | €291,109 | -€31,752 | -9.8% |
| Fixed assets | 21/28 | €128,579 | €106,748 | -€21,831 | -17.0% |
| Intangible fixed assets | 21 | €34,932 | €24,932 | -€10,000 | -28.6% |
| Tangible fixed assets | 22/27 | €67,947 | €56,117 | -€11,831 | -17.4% |
| Plant, machinery and equipment | 23 | €31,941 | €25,315 | -€6,626 | -20.7% |
| Furniture and vehicles | 24 | €26,758 | €22,553 | -€4,204 | -15.7% |
| Other tangible fixed assets | 26 | €9,249 | €8,249 | -€1,000 | -10.8% |
| Financial fixed assets | 28 | €25,700 | €25,700 | = | 0.0% |
| Current assets | 29/58 | €194,282 | €184,361 | -€9,921 | -5.1% |
| Stocks and contracts in progress | 3 | €15,798 | €15,868 | +€70 | +0.4% |
| Stocks | 30/36 | €15,798 | €15,868 | +€70 | +0.4% |
| Amounts receivable within one year | 40/41 | €115,468 | €155,256 | +€39,788 | +34.5% |
| Trade receivables | 40 | €74,671 | €88,058 | +€13,387 | +17.9% |
| Other amounts receivable | 41 | €40,797 | €67,198 | +€26,401 | +64.7% |
| Cash at bank and in hand | 54/58 | €58,159 | €7,531 | -€50,628 | -87.1% |
| Deferred charges and accrued income | 490/1 | €4,857 | €5,706 | +€849 | +17.5% |
| Total equity and liabilities | 10/49 | €322,861 | €291,109 | -€31,752 | -9.8% |
| Equity | 10/15 | €143,665 | €144,292 | +€627 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,465 | €138,092 | +€627 | +0.5% |
| Amounts payable | 17/49 | €179,196 | €146,817 | -€32,379 | -18.1% |
| Amounts payable within one year | 42/48 | €179,196 | €145,805 | -€33,391 | -18.6% |
| Trade debts | 44 | €114,626 | €114,486 | -€140 | -0.1% |
| Suppliers | 440/4 | €114,626 | €114,486 | -€140 | -0.1% |
| Taxes, remuneration and social security | 45 | €64,570 | €31,319 | -€33,251 | -51.5% |
| Taxes | 450/3 | €46,782 | €17,396 | -€29,386 | -62.8% |
| Remuneration and social security | 454/9 | €17,788 | €13,922 | -€3,865 | -21.7% |
| Accrued charges and deferred income | 492/3 | - | €1,012 | +€1,012 | |
| Remuneration, social security and pensions | 62 | €160,022 | €136,065 | -€23,957 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,730 | €27,029 | +€4,299 | +18.9% |
| Other operating charges | 640/8 | €1,593 | €2,767 | +€1,174 | +73.7% |
| Gross operating margin | 9900 | €252,579 | €168,426 | -€84,152 | -33.3% |
| Operating profit (loss) | 9901 | €68,233 | €2,565 | -€65,668 | -96.2% |
| Financial income | 75/76B | €771 | €1,411 | +€640 | +83.0% |
| Recurring financial income | 75 | €771 | €1,411 | +€640 | +83.0% |
| Financial charges | 65/66B | €1,640 | €1,679 | +€40 | +2.4% |
| Recurring financial charges | 65 | €1,640 | €1,679 | +€40 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €67,365 | €2,297 | -€65,068 | -96.6% |
| Income taxes | 67/77 | €14,520 | €1,670 | -€12,850 | -88.5% |
| Profit (loss) for the period | 9904 | €52,845 | €627 | -€52,218 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,845 | €627 | -€52,218 | -98.8% |
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 20 October 2026 via checked.be.