DE PALMBOOM: 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.
DE PALMBOOM
Largest movements
- Cash -€147,804
down €147,804 (-70.8%), from €208,752 to €60,948
mainly Other debts (-€172,984) and Investment in fixed assets (net) (-€3,896)
- Tangible fixed assets -€5,343
down €5,343 (-21.3%), from €25,063 to €19,720
of which Furniture and vehicles: -€4,580
- Receivables within one year +€3,418
up €3,418 (+108%), from €3,165 to €6,583
of which Other amounts receivable: +€3,700
- Other debts -€172,984
down €172,984 (-100%), from €172,984 to €0
- Reserves +€16,565
up €16,565 (+187%), from €8,859 to €25,424
of which Distributable reserves: +€16,565
- Trade debts +€5,179
up €5,179 (+98.7%), from €5,245 to €10,424
- Gross operating margin -€24,580
down €24,580 (-40.5%), from €60,620 to €36,041
- Taxes -€7,767
down €7,767 (-52.3%), from €14,853 to €7,086
- Financial income -€3,521
down €3,521 (-86.2%), from €4,083 to €563
- Financial charges +€1,404
up €1,404 (+75.9%), from €1,849 to €3,254
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 | €244,285 | €93,663 | -€150,622 | -61.7% |
| Fixed assets | 21/28 | €25,354 | €20,011 | -€5,343 | -21.1% |
| Tangible fixed assets | 22/27 | €25,063 | €19,720 | -€5,343 | -21.3% |
| Plant, machinery and equipment | 23 | €8,101 | €9,350 | +€1,249 | +15.4% |
| Furniture and vehicles | 24 | €10,445 | €5,865 | -€4,580 | -43.9% |
| Other tangible fixed assets | 26 | €6,518 | €4,506 | -€2,012 | -30.9% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €218,931 | €73,653 | -€145,279 | -66.4% |
| Stocks and contracts in progress | 3 | €4,859 | €5,021 | +€162 | +3.3% |
| Stocks | 30/36 | €4,859 | €5,021 | +€162 | +3.3% |
| Amounts receivable within one year | 40/41 | €3,165 | €6,583 | +€3,418 | +108% |
| Trade receivables | 40 | €911 | €629 | -€283 | -31.0% |
| Other amounts receivable | 41 | €2,253 | €5,954 | +€3,700 | +164% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €208,752 | €60,948 | -€147,804 | -70.8% |
| Deferred charges and accrued income | 490/1 | €2,156 | €1,101 | -€1,055 | -48.9% |
| Total equity and liabilities | 10/49 | €244,285 | €93,663 | -€150,622 | -61.7% |
| Equity | 10/15 | €53,808 | €70,374 | +€16,565 | +30.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,859 | €25,424 | +€16,565 | +187% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €18,424 | +€16,565 | +891% |
| Profit (loss) carried forward | 14 | €38,749 | €38,749 | = | 0.0% |
| Amounts payable | 17/49 | €190,477 | €23,289 | -€167,187 | -87.8% |
| Amounts payable within one year | 42/48 | €190,477 | €23,289 | -€167,187 | -87.8% |
| Trade debts | 44 | €5,245 | €10,424 | +€5,179 | +98.7% |
| Suppliers | 440/4 | €5,245 | €10,424 | +€5,179 | +98.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €12,247 | €12,865 | +€618 | +5.0% |
| Taxes | 450/3 | €8,327 | €6,985 | -€1,342 | -16.1% |
| Remuneration and social security | 454/9 | €3,920 | €5,880 | +€1,960 | +50.0% |
| Other amounts payable | 47/48 | €172,984 | €0 | -€172,984 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €356 | +€356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,807 | €9,239 | +€433 | +4.9% |
| Other operating charges | 640/8 | €446 | €460 | +€14 | +3.2% |
| Gross operating margin | 9900 | €60,620 | €36,041 | -€24,580 | -40.5% |
| Operating profit (loss) | 9901 | €51,368 | €26,342 | -€25,026 | -48.7% |
| Financial income | 75/76B | €4,083 | €563 | -€3,521 | -86.2% |
| Recurring financial income | 75 | €4,083 | €563 | -€3,521 | -86.2% |
| Financial charges | 65/66B | €1,849 | €3,254 | +€1,404 | +75.9% |
| Recurring financial charges | 65 | €1,849 | €3,254 | +€1,404 | +75.9% |
| Profit (loss) for the period before taxes | 9903 | €53,602 | €23,651 | -€29,951 | -55.9% |
| Income taxes | 67/77 | €14,853 | €7,086 | -€7,767 | -52.3% |
| Profit (loss) for the period | 9904 | €38,749 | €16,565 | -€22,184 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,749 | €16,565 | -€22,184 | -57.3% |
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 16 October 2026 via checked.be.