LES PALMIERS: 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.
LES PALMIERS
Largest movements
- Intangible fixed assets -€17,408
no longer reported in 2024 (was €17,408)
- Formation expenses +€15,408
new in 2024: €15,408
- Receivables within one year -€11,354
down €11,354 (-90.7%), from €12,518 to €1,164
of which Trade receivables: -€8,480
- Stocks and contracts +€1,842
new in 2024: €1,842
- Cash +€1,786
up €1,786 (+70.2%), from €2,544 to €4,330
mainly Receivables within one year (+€11,354) and Depreciation (+€3,758)
- Tax, wage and social debts -€6,288
down €6,288 (-99.1%), from €6,347 to €58
- Other debts -€5,036
down €5,036 (-83.8%), from €6,009 to €973
- Trade debts -€1,839
down €1,839 (-79.4%), from €2,317 to €478
- Profit (loss) carried forward +€1,692
up €1,692 (+33.4%), from €5,059 to €6,750
- Turnover +€21,727
up €21,727 (+56.3%), from €38,624 to €60,351
- Purchases and services +€18,157
up €18,157 (+47.8%), from €37,973 to €56,130
- Gross operating margin +€3,862
up €3,862 (+118%), from €3,281 to €7,143
- Other operating charges +€1,002
up €1,002 (+171%), from €587 to €1,589
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.
Derived cash bridge
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 | €40,179 | €28,707 | -€11,472 | -28.6% |
| Formation expenses | 20 | - | €15,408 | +€15,408 | |
| Fixed assets | 21/28 | €25,117 | €5,962 | -€19,155 | -76.3% |
| Intangible fixed assets | 21 | €17,408 | - | -€17,408 | |
| Tangible fixed assets | 22/27 | €6,860 | €5,114 | -€1,746 | -25.5% |
| Plant, machinery and equipment | 23 | €1,400 | €1,120 | -€280 | -20.0% |
| Furniture and vehicles | 24 | €5,460 | €3,982 | -€1,478 | -27.1% |
| Other tangible fixed assets | 26 | - | €12 | +€12 | |
| Financial fixed assets | 28 | €848 | €848 | = | 0.0% |
| Current assets | 29/58 | €15,062 | €7,337 | -€7,725 | -51.3% |
| Stocks and contracts in progress | 3 | - | €1,842 | +€1,842 | |
| Stocks | 30/36 | - | €1,842 | +€1,842 | |
| Amounts receivable within one year | 40/41 | €12,518 | €1,164 | -€11,354 | -90.7% |
| Trade receivables | 40 | €8,480 | - | -€8,480 | |
| Other amounts receivable | 41 | €4,038 | €1,164 | -€2,874 | -71.2% |
| Cash at bank and in hand | 54/58 | €2,544 | €4,330 | +€1,786 | +70.2% |
| Total equity and liabilities | 10/49 | €40,179 | €28,707 | -€11,472 | -28.6% |
| Equity | 10/15 | €25,506 | €27,198 | +€1,692 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,847 | €1,847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,847 | €1,847 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,847 | €1,847 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,059 | €6,750 | +€1,692 | +33.4% |
| Amounts payable | 17/49 | €14,673 | €1,509 | -€13,163 | -89.7% |
| Amounts payable within one year | 42/48 | €14,673 | €1,509 | -€13,163 | -89.7% |
| Trade debts | 44 | €2,317 | €478 | -€1,839 | -79.4% |
| Suppliers | 440/4 | €2,317 | €478 | -€1,839 | -79.4% |
| Taxes, remuneration and social security | 45 | €6,347 | €58 | -€6,288 | -99.1% |
| Remuneration and social security | 454/9 | €6,347 | €58 | -€6,288 | -99.1% |
| Other amounts payable | 47/48 | €6,009 | €973 | -€5,036 | -83.8% |
| Turnover | 70 | €38,624 | €60,351 | +€21,727 | +56.3% |
| Non-recurring operating income | 76A | €2,630 | - | -€2,630 | |
| Goods, raw materials, services and sundry goods | 60/61 | €37,973 | €56,130 | +€18,157 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,478 | €3,758 | +€280 | +8.1% |
| Other operating charges | 640/8 | €587 | €1,589 | +€1,002 | +171% |
| Gross operating margin | 9900 | €3,281 | €7,143 | +€3,862 | +118% |
| Operating profit (loss) | 9901 | -€784 | €1,796 | +€2,580 | |
| Financial charges | 65/66B | €143 | €104 | -€38 | -26.9% |
| Recurring financial charges | 65 | €143 | €104 | -€38 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€927 | €1,692 | +€2,618 | |
| Profit (loss) for the period | 9904 | -€927 | €1,692 | +€2,618 | |
| Profit (loss) for the period to be appropriated | 9905 | -€927 | €1,692 | +€2,618 |
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 30 October 2026 via checked.be.