PADA BV: 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.
PADA BV
Largest movements
- Tangible fixed assets -€164,563
down €164,563 (-3.2%), from €5.2m to €5.0m
- Debts after one year -€282,825
down €282,825 (-7.2%), from €3.9m to €3.6m
of which Financial debts: -€285,219
- Reserves -€151,000
no longer reported in 2025 (was €151,000)
- Accrued charges and deferred income +€132,250
up €132,250 (+110.2%), from €120,000 to €252,250
- Other debts +€74,540
up €74,540 (+8.6%), from €862,210 to €936,750
- Current portion of long-term debt +€60,053
up €60,053 (+45.8%), from €130,982 to €191,035
- Gross operating margin -€184,772
down €184,772 (-48.6%), from €380,064 to €195,292
- Other operating charges +€51,963
up €51,963 (+317.4%), from €16,374 to €68,338
- Financial charges -€40,055
down €40,055 (-25.9%), from €154,463 to €114,408
- Depreciation -€37,906
down €37,906 (-18.7%), from €202,468 to €164,563
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 | €5,246,181 | €5,076,854 | -€169,328 | -3.2% |
| Fixed assets | 21/28 | €5,163,838 | €4,999,276 | -€164,563 | -3.2% |
| Tangible fixed assets | 22/27 | €5,163,838 | €4,999,276 | -€164,563 | -3.2% |
| Land and buildings | 22 | €5,163,838 | €4,999,276 | -€164,563 | -3.2% |
| Current assets | 29/58 | €82,343 | €77,578 | -€4,765 | -5.8% |
| Amounts receivable within one year | 40/41 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €82,343 | €57,578 | -€24,765 | -30.1% |
| Total equity and liabilities | 10/49 | €5,246,181 | €5,076,854 | -€169,328 | -3.2% |
| Equity | 10/15 | €201,638 | €49,622 | -€152,016 | -75.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €151,000 | - | -€151,000 | |
| Distributable reserves | 133 | €151,000 | - | -€151,000 | |
| Profit (loss) carried forward | 14 | €638 | -€378 | -€1,016 | |
| Amounts payable | 17/49 | €5,044,543 | €5,027,232 | -€17,311 | -0.3% |
| Amounts payable after more than one year | 17 | €3,929,122 | €3,646,296 | -€282,825 | -7.2% |
| Financial debts | 170/4 | €3,913,699 | €3,628,480 | -€285,219 | -7.3% |
| Other amounts payable | 178/9 | €15,423 | €17,816 | +€2,394 | +15.5% |
| Amounts payable within one year | 42/48 | €995,422 | €1,128,686 | +€133,264 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €130,982 | €191,035 | +€60,053 | +45.8% |
| Trade debts | 44 | €878 | €901 | +€23 | +2.6% |
| Suppliers | 440/4 | €878 | €901 | +€23 | +2.6% |
| Taxes, remuneration and social security | 45 | €1,352 | - | -€1,352 | |
| Taxes | 450/3 | €1,352 | - | -€1,352 | |
| Other amounts payable | 47/48 | €862,210 | €936,750 | +€74,540 | +8.6% |
| Accrued charges and deferred income | 492/3 | €120,000 | €252,250 | +€132,250 | +110.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202,468 | €164,563 | -€37,906 | -18.7% |
| Other operating charges | 640/8 | €16,374 | €68,338 | +€51,963 | +317.4% |
| Gross operating margin | 9900 | €380,064 | €195,292 | -€184,772 | -48.6% |
| Operating profit (loss) | 9901 | €161,221 | -€37,608 | -€198,830 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €154,463 | €114,408 | -€40,055 | -25.9% |
| Recurring financial charges | 65 | €154,463 | €114,408 | -€40,055 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €6,758 | -€152,016 | -€158,775 | |
| Income taxes | 67/77 | €1,352 | - | -€1,352 | |
| Profit (loss) for the period | 9904 | €5,407 | -€152,016 | -€157,423 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,407 | -€152,016 | -€157,423 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.