IMMO Palmina: 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.
IMMO Palmina
Largest movements
- Cash +€18,453
up €18,453 (+136.6%), from €13,513 to €31,966
mainly Receivables within one year (+€9,241) and Net result for the year (+€5,986)
- Receivables within one year -€9,241
down €9,241 (-32.5%), from €28,445 to €19,204
of which Trade receivables: -€12,989
- Tangible fixed assets -€3,105
down €3,105 (-29.3%), from €10,588 to €7,483
- Deferred charges and accrued income +€1,889
up €1,889 (+181.7%), from €1,039 to €2,928
- Other debts -€6,856
no longer reported in 2025 (was €6,856)
- Profit (loss) carried forward +€5,986
up €5,986 (+19.0%), from €31,491 to €37,477
- Trade debts +€5,290
up €5,290 (+248.9%), from €2,126 to €7,416
- Tax, wage and social debts +€3,576
up €3,576 (+35.4%), from €10,113 to €13,688
- Staff costs -€20,667
down €20,667 (-99.5%), from €20,760 to €94
- Gross operating margin -€14,167
down €14,167 (-50.1%), from €28,266 to €14,099
- Other operating charges -€3,068
down €3,068 (-52.3%), from €5,864 to €2,796
- Taxes +€1,829
up €1,829 (+3002.6%), from €61 to €1,890
- Financial charges -€753
down €753 (-75.0%), from €1,003 to €250
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 | €53,586 | €61,582 | +€7,996 | +14.9% |
| Fixed assets | 21/28 | €10,588 | €7,483 | -€3,105 | -29.3% |
| Tangible fixed assets | 22/27 | €10,588 | €7,483 | -€3,105 | -29.3% |
| Plant, machinery and equipment | 23 | €3,640 | €3,080 | -€560 | -15.4% |
| Furniture and vehicles | 24 | €3,293 | €1,792 | -€1,501 | -45.6% |
| Other tangible fixed assets | 26 | €3,655 | €2,611 | -€1,044 | -28.6% |
| Current assets | 29/58 | €42,998 | €54,098 | +€11,101 | +25.8% |
| Amounts receivable within one year | 40/41 | €28,445 | €19,204 | -€9,241 | -32.5% |
| Trade receivables | 40 | €24,506 | €11,517 | -€12,989 | -53.0% |
| Other amounts receivable | 41 | €3,939 | €7,687 | +€3,748 | +95.1% |
| Cash at bank and in hand | 54/58 | €13,513 | €31,966 | +€18,453 | +136.6% |
| Deferred charges and accrued income | 490/1 | €1,039 | €2,928 | +€1,889 | +181.7% |
| Total equity and liabilities | 10/49 | €53,586 | €61,582 | +€7,996 | +14.9% |
| Equity | 10/15 | €34,491 | €40,477 | +€5,986 | +17.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,491 | €37,477 | +€5,986 | +19.0% |
| Amounts payable | 17/49 | €19,095 | €21,105 | +€2,010 | +10.5% |
| Amounts payable within one year | 42/48 | €19,095 | €21,105 | +€2,010 | +10.5% |
| Trade debts | 44 | €2,126 | €7,416 | +€5,290 | +248.9% |
| Suppliers | 440/4 | €2,126 | €7,416 | +€5,290 | +248.9% |
| Taxes, remuneration and social security | 45 | €10,113 | €13,688 | +€3,576 | +35.4% |
| Taxes | 450/3 | €10,113 | €13,688 | +€3,576 | +35.4% |
| Other amounts payable | 47/48 | €6,856 | - | -€6,856 | |
| Remuneration, social security and pensions | 62 | €20,760 | €94 | -€20,667 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,193 | €3,105 | -€88 | -2.8% |
| Other operating charges | 640/8 | €5,864 | €2,796 | -€3,068 | -52.3% |
| Gross operating margin | 9900 | €28,266 | €14,099 | -€14,167 | -50.1% |
| Operating profit (loss) | 9901 | -€1,551 | €8,104 | +€9,655 | |
| Financial income | 75/76B | €105 | €22 | -€83 | -79.0% |
| Recurring financial income | 75 | €105 | €22 | -€83 | -79.0% |
| Financial charges | 65/66B | €1,003 | €250 | -€753 | -75.0% |
| Recurring financial charges | 65 | €1,003 | €250 | -€753 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,450 | €7,876 | +€10,326 | |
| Income taxes | 67/77 | €61 | €1,890 | +€1,829 | +3002.6% |
| Profit (loss) for the period | 9904 | -€2,511 | €5,986 | +€8,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,511 | €5,986 | +€8,497 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.