P.A.M.B.: 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.
P.A.M.B.
Largest movements
- Receivables within one year +€5,425
up €5,425 (+282%), from €1,924 to €7,349
- Cash +€5,351
up €5,351 (+19.7%), from €27,150 to €32,502
mainly Other debts (+€9,028) and Net result for the year (+€5,717)
- Tangible fixed assets -€3,913
down €3,913 (-45.1%), from €8,685 to €4,772
of which Furniture and vehicles: -€2,536
- Deferred charges and accrued income -€1,001
no longer reported in 2025 (was €1,001)
- Other debts +€9,028
up €9,028 (+24.0%), from €37,553 to €46,581
- Tax, wage and social debts -€8,295
down €8,295 (-56.9%), from €14,578 to €6,283
of which Taxes: -€9,559
- Profit (loss) carried forward +€5,717
up €5,717 (+13.7%), from -€41,685 to -€35,968
- Current portion of long-term debt -€3,415
no longer reported in 2025 (was €3,415)
- Trade debts +€2,416
up €2,416 (+32.7%), from €7,389 to €9,805
- Gross operating margin +€40,210
up €40,210 (+1,289%), from €3,119 to €43,329
- Staff costs +€6,080
up €6,080 (+23.7%), from €25,611 to €31,692
- Depreciation -€3,662
down €3,662 (-45.1%), from €8,125 to €4,463
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 | €41,710 | €47,573 | +€5,863 | +14.1% |
| Fixed assets | 21/28 | €11,635 | €7,722 | -€3,913 | -33.6% |
| Tangible fixed assets | 22/27 | €8,685 | €4,772 | -€3,913 | -45.1% |
| Plant, machinery and equipment | 23 | €5,614 | €4,237 | -€1,377 | -24.5% |
| Furniture and vehicles | 24 | €3,071 | €535 | -€2,536 | -82.6% |
| Financial fixed assets | 28 | €2,950 | €2,950 | = | 0.0% |
| Current assets | 29/58 | €30,075 | €39,851 | +€9,775 | +32.5% |
| Amounts receivable within one year | 40/41 | €1,924 | €7,349 | +€5,425 | +282% |
| Trade receivables | 40 | €1,924 | €7,349 | +€5,425 | +282% |
| Cash at bank and in hand | 54/58 | €27,150 | €32,502 | +€5,351 | +19.7% |
| Deferred charges and accrued income | 490/1 | €1,001 | - | -€1,001 | |
| Total equity and liabilities | 10/49 | €41,710 | €47,573 | +€5,863 | +14.1% |
| Equity | 10/15 | -€21,225 | -€15,508 | +€5,717 | +26.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,685 | -€35,968 | +€5,717 | +13.7% |
| Amounts payable | 17/49 | €62,935 | €63,080 | +€146 | +0.2% |
| Amounts payable within one year | 42/48 | €62,935 | €62,668 | -€266 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €3,415 | - | -€3,415 | |
| Trade debts | 44 | €7,389 | €9,805 | +€2,416 | +32.7% |
| Suppliers | 440/4 | €7,389 | €9,805 | +€2,416 | +32.7% |
| Taxes, remuneration and social security | 45 | €14,578 | €6,283 | -€8,295 | -56.9% |
| Taxes | 450/3 | €11,963 | €2,404 | -€9,559 | -79.9% |
| Remuneration and social security | 454/9 | €2,615 | €3,879 | +€1,264 | +48.3% |
| Other amounts payable | 47/48 | €37,553 | €46,581 | +€9,028 | +24.0% |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Remuneration, social security and pensions | 62 | €25,611 | €31,692 | +€6,080 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,125 | €4,463 | -€3,662 | -45.1% |
| Other operating charges | 640/8 | €703 | €788 | +€85 | +12.1% |
| Gross operating margin | 9900 | €3,119 | €43,329 | +€40,210 | +1,289% |
| Operating profit (loss) | 9901 | -€31,321 | €6,387 | +€37,707 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €648 | €220 | -€429 | -66.1% |
| Recurring financial charges | 65 | €648 | €220 | -€429 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | -€31,968 | €6,167 | +€38,135 | |
| Income taxes | 67/77 | €430 | €450 | +€20 | +4.6% |
| Profit (loss) for the period | 9904 | -€32,398 | €5,717 | +€38,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,398 | €5,717 | +€38,115 |
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 21 October 2026 via checked.be.