P.A.M. - SERVICE: 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. - SERVICE
Largest movements
- Tangible fixed assets +€29,002
up €29,002 (+149%), from €19,496 to €48,498
of which Furniture and vehicles: +€31,767
- Cash -€27,970
down €27,970 (-81.7%), from €34,237 to €6,267
mainly Investment in fixed assets (net) (-€40,288) and Net result for the year (-€14,592)
- Receivables after one year -€3,250
down €3,250 (-9.5%), from €34,200 to €30,950
- Deferred charges and accrued income +€2,610
new in 2024: €2,610
- Receivables within one year +€2,046
up €2,046 (+19.8%), from €10,314 to €12,360
of which Other amounts receivable: +€4,007
- Profit (loss) carried forward -€14,975
down €14,975, from €10,578 to -€4,397
- Other debts +€13,978
up €13,978 (+96.1%), from €14,548 to €28,526
- Tax, wage and social debts +€2,811
up €2,811 (+100%), from €2,803 to €5,614
of which Remuneration and social security: +€2,092
- Gross operating margin -€11,109
down €11,109 (-32.4%), from €34,270 to €23,161
- Staff costs -€9,942
down €9,942 (-37.7%), from €26,387 to €16,445
- Other operating charges +€7,469
up €7,469 (+936%), from €798 to €8,267
- Depreciation +€5,983
up €5,983 (+113%), from €5,303 to €11,286
- Financial income -€553
down €553 (-98.0%), from €564 to €11
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 | €101,097 | €102,653 | +€1,556 | +1.5% |
| Fixed assets | 21/28 | €19,496 | €48,498 | +€29,002 | +149% |
| Tangible fixed assets | 22/27 | €19,496 | €48,498 | +€29,002 | +149% |
| Plant, machinery and equipment | 23 | €11,062 | €8,297 | -€2,765 | -25.0% |
| Furniture and vehicles | 24 | €8,434 | €40,201 | +€31,767 | +377% |
| Current assets | 29/58 | €81,601 | €54,155 | -€27,446 | -33.6% |
| Amounts receivable after more than one year | 29 | €34,200 | €30,950 | -€3,250 | -9.5% |
| Trade receivables | 290 | €34,200 | €30,950 | -€3,250 | -9.5% |
| Stocks and contracts in progress | 3 | €2,850 | €1,968 | -€882 | -30.9% |
| Stocks | 30/36 | €2,850 | €1,968 | -€882 | -30.9% |
| Amounts receivable within one year | 40/41 | €10,314 | €12,360 | +€2,046 | +19.8% |
| Trade receivables | 40 | €8,300 | €6,339 | -€1,961 | -23.6% |
| Other amounts receivable | 41 | €2,014 | €6,021 | +€4,007 | +199% |
| Cash at bank and in hand | 54/58 | €34,237 | €6,267 | -€27,970 | -81.7% |
| Deferred charges and accrued income | 490/1 | - | €2,610 | +€2,610 | |
| Total equity and liabilities | 10/49 | €101,097 | €102,653 | +€1,556 | +1.5% |
| Equity | 10/15 | €77,038 | €62,063 | -€14,975 | -19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,860 | €47,860 | = | 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% |
| Tax-exempt reserves | 132 | €46,000 | €46,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,578 | -€4,397 | -€14,975 | |
| Amounts payable | 17/49 | €24,059 | €40,590 | +€16,531 | +68.7% |
| Amounts payable within one year | 42/48 | €24,059 | €40,540 | +€16,481 | +68.5% |
| Trade debts | 44 | €6,708 | €6,400 | -€308 | -4.6% |
| Suppliers | 440/4 | €6,708 | €6,400 | -€308 | -4.6% |
| Taxes, remuneration and social security | 45 | €2,803 | €5,614 | +€2,811 | +100% |
| Taxes | 450/3 | €747 | €1,465 | +€718 | +96.1% |
| Remuneration and social security | 454/9 | €2,056 | €4,148 | +€2,092 | +102% |
| Other amounts payable | 47/48 | €14,548 | €28,526 | +€13,978 | +96.1% |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Non-recurring operating income | 76A | - | €1,133 | +€1,133 | |
| Remuneration, social security and pensions | 62 | €26,387 | €16,445 | -€9,942 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,303 | €11,286 | +€5,983 | +113% |
| Other operating charges | 640/8 | €798 | €8,267 | +€7,469 | +936% |
| Non-recurring operating charges | 66A | - | €1,049 | +€1,049 | |
| Gross operating margin | 9900 | €34,270 | €23,161 | -€11,109 | -32.4% |
| Operating profit (loss) | 9901 | €1,782 | -€13,885 | -€15,667 | |
| Financial income | 75/76B | €564 | €11 | -€553 | -98.0% |
| Recurring financial income | 75 | €564 | €11 | -€553 | -98.0% |
| Financial charges | 65/66B | - | €1 | +€1 | |
| Recurring financial charges | 65 | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €2,346 | -€13,875 | -€16,221 | |
| Income taxes | 67/77 | €365 | €718 | +€353 | +96.6% |
| Profit (loss) for the period | 9904 | €1,981 | -€14,592 | -€16,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,981 | -€14,592 | -€16,573 |
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 27 October 2026 via checked.be.