La Paletta: 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.
La Paletta
Largest movements
- Receivables within one year +€11,956
up €11,956 (+33.9%), from €35,227 to €47,183
of which Other amounts receivable: +€14,906
- Tangible fixed assets -€10,540
down €10,540 (-30.5%), from €34,588 to €24,048
of which Furniture and vehicles: -€9,964
- Cash -€1,181
down €1,181 (-28.4%), from €4,162 to €2,981
mainly Receivables within one year (-€11,956) and Tax, wage and social debts (-€8,156)
- Short-term financial debts +€12,161
up €12,161 (+190.3%), from €6,392 to €18,553
- Tax, wage and social debts -€8,156
down €8,156 (-47.4%), from €17,218 to €9,062
of which Taxes: -€5,350
- Trade debts -€6,986
down €6,986 (-22.5%), from €31,106 to €24,120
- Debts after one year +€3,440
up €3,440 (+29.3%), from €11,727 to €15,167
- Current portion of long-term debt -€2,454
down €2,454 (-17.1%), from €14,316 to €11,862
- Staff costs -€11,753
down €11,753 (-15.1%), from €77,771 to €66,018
- Gross operating margin +€11,052
up €11,052 (+14.1%), from €78,390 to €89,442
- Financial charges +€2,977
up €2,977 (+157.8%), from €1,887 to €4,864
- Other operating charges -€1,334
down €1,334 (-50.9%), from €2,619 to €1,285
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 | €81,459 | €81,252 | -€207 | -0.3% |
| Fixed assets | 21/28 | €34,603 | €24,063 | -€10,540 | -30.5% |
| Tangible fixed assets | 22/27 | €34,588 | €24,048 | -€10,540 | -30.5% |
| Land and buildings | 22 | €9,578 | €7,421 | -€2,157 | -22.5% |
| Plant, machinery and equipment | 23 | €875 | €2,455 | +€1,580 | +180.6% |
| Furniture and vehicles | 24 | €24,135 | €14,171 | -€9,964 | -41.3% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €46,856 | €57,189 | +€10,333 | +22.1% |
| Stocks and contracts in progress | 3 | €7,467 | €6,850 | -€617 | -8.3% |
| Stocks | 30/36 | €7,467 | €6,850 | -€617 | -8.3% |
| Amounts receivable within one year | 40/41 | €35,227 | €47,183 | +€11,956 | +33.9% |
| Trade receivables | 40 | €2,950 | - | -€2,950 | |
| Other amounts receivable | 41 | €32,277 | €47,183 | +€14,906 | +46.2% |
| Cash at bank and in hand | 54/58 | €4,162 | €2,981 | -€1,181 | -28.4% |
| Deferred charges and accrued income | 490/1 | - | €175 | +€175 | |
| Total equity and liabilities | 10/49 | €81,459 | €81,252 | -€207 | -0.3% |
| Equity | 10/15 | €700 | €2,488 | +€1,788 | +255.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €129 | €129 | +€0 | +0.2% |
| Non-distributable reserves | 130/1 | €129 | €129 | +€0 | +0.2% |
| Reserves not available under the articles | 1311 | €129 | €129 | +€0 | +0.2% |
| Profit (loss) carried forward | 14 | -€5,679 | -€3,892 | +€1,787 | +31.5% |
| Amounts payable | 17/49 | €80,759 | €78,765 | -€1,994 | -2.5% |
| Amounts payable after more than one year | 17 | €11,727 | €15,167 | +€3,440 | +29.3% |
| Financial debts | 170/4 | €11,727 | €15,167 | +€3,440 | +29.3% |
| Amounts payable within one year | 42/48 | €69,032 | €63,598 | -€5,434 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €14,316 | €11,862 | -€2,454 | -17.1% |
| Financial debts | 43 | €6,392 | €18,553 | +€12,161 | +190.3% |
| Credit institutions | 430/8 | €6,392 | €18,553 | +€12,161 | +190.3% |
| Trade debts | 44 | €31,106 | €24,120 | -€6,986 | -22.5% |
| Suppliers | 440/4 | €31,106 | €24,120 | -€6,986 | -22.5% |
| Taxes, remuneration and social security | 45 | €17,218 | €9,062 | -€8,156 | -47.4% |
| Taxes | 450/3 | €8,035 | €2,685 | -€5,350 | -66.6% |
| Remuneration and social security | 454/9 | €9,183 | €6,378 | -€2,805 | -30.5% |
| Remuneration, social security and pensions | 62 | €77,771 | €66,018 | -€11,753 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,584 | €15,098 | -€486 | -3.1% |
| Other operating charges | 640/8 | €2,619 | €1,285 | -€1,334 | -50.9% |
| Gross operating margin | 9900 | €78,390 | €89,442 | +€11,052 | +14.1% |
| Operating profit (loss) | 9901 | -€17,584 | €7,041 | +€24,625 | |
| Financial income | 75/76B | €53 | €16 | -€37 | -69.3% |
| Recurring financial income | 75 | €53 | €16 | -€37 | -69.3% |
| Financial charges | 65/66B | €1,887 | €4,864 | +€2,977 | +157.8% |
| Recurring financial charges | 65 | €1,887 | €4,864 | +€2,977 | +157.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,418 | €2,193 | +€21,611 | |
| Income taxes | 67/77 | €323 | €405 | +€82 | +25.5% |
| Profit (loss) for the period | 9904 | -€19,741 | €1,787 | +€21,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,741 | €1,787 | +€21,528 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.