'T PASSANTJE: 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.
'T PASSANTJE
Largest movements
- Tangible fixed assets -€25,692
down €25,692 (-20.0%), from €128,162 to €102,470
- Receivables within one year +€10,287
up €10,287 (+25.8%), from €39,891 to €50,178
- Trade debts +€19,800
new in 2024: €19,800
- Other debts -€18,683
down €18,683 (-93.4%), from €20,000 to €1,317
- Profit (loss) carried forward -€10,699
new in 2024: -€10,699
- Short-term financial debts -€5,514
no longer reported in 2024 (was €5,514)
- Gross operating margin -€50,038
down €50,038, from €47,394 to -€2,645
- Taxes -€7,310
down €7,310 (-92.1%), from €7,941 to €631
- Depreciation -€6,171
down €6,171 (-38.7%), from €15,958 to €9,787
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,970 | €154,504 | -€14,466 | -8.6% |
| Fixed assets | 21/28 | €128,162 | €102,470 | -€25,692 | -20.0% |
| Tangible fixed assets | 22/27 | €128,162 | €102,470 | -€25,692 | -20.0% |
| Land and buildings | 22 | €128,162 | €102,470 | -€25,692 | -20.0% |
| Current assets | 29/58 | €40,808 | €52,034 | +€11,226 | +27.5% |
| Amounts receivable within one year | 40/41 | €39,891 | €50,178 | +€10,287 | +25.8% |
| Other amounts receivable | 41 | €39,891 | €50,178 | +€10,287 | +25.8% |
| Cash at bank and in hand | 54/58 | €916 | €1,856 | +€940 | +103% |
| Total equity and liabilities | 10/49 | €168,970 | €154,504 | -€14,466 | -8.6% |
| Equity | 10/15 | €142,115 | €131,416 | -€10,699 | -7.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €129,715 | €129,715 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €127,715 | €127,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,699 | -€10,699 | |
| Amounts payable | 17/49 | €26,855 | €23,088 | -€3,767 | -14.0% |
| Amounts payable within one year | 42/48 | €26,855 | €23,088 | -€3,767 | -14.0% |
| Financial debts | 43 | €5,514 | - | -€5,514 | |
| Credit institutions | 430/8 | €5,514 | - | -€5,514 | |
| Trade debts | 44 | - | €19,800 | +€19,800 | |
| Suppliers | 440/4 | - | €19,800 | +€19,800 | |
| Taxes, remuneration and social security | 45 | €1,341 | €1,971 | +€631 | +47.0% |
| Taxes | 450/3 | €1,341 | €1,971 | +€631 | +47.0% |
| Other amounts payable | 47/48 | €20,000 | €1,317 | -€18,683 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,958 | €9,787 | -€6,171 | -38.7% |
| Other operating charges | 640/8 | €469 | €0 | -€469 | -100% |
| Gross operating margin | 9900 | €47,394 | -€2,645 | -€50,038 | |
| Operating profit (loss) | 9901 | €30,966 | -€12,432 | -€43,398 | |
| Financial charges | 65/66B | €99 | €0 | -€99 | -100% |
| Recurring financial charges | 65 | €99 | €0 | -€99 | -100% |
| Profit (loss) for the period before taxes | 9903 | €30,867 | -€12,432 | -€43,299 | |
| Income taxes | 67/77 | €7,941 | €631 | -€7,310 | -92.1% |
| Profit (loss) for the period | 9904 | €22,927 | -€13,062 | -€35,989 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,927 | -€13,062 | -€35,989 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.