Pada Consult: 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.
Pada Consult
Largest movements
- Receivables within one year -€26,555
down €26,555 (-94.8%), from €28,016 to €1,462
of which Trade receivables: -€22,361
- Cash -€24,484
down €24,484 (-34.2%), from €71,680 to €47,196
mainly Net result for the year (-€36,889) and Tax, wage and social debts (-€18,881)
- Profit (loss) carried forward -€36,889
down €36,889, from €895 to -€35,994
- Tax, wage and social debts -€18,881
down €18,881 (-55.8%), from €33,853 to €14,972
- Gross operating margin -€148,714
down €148,714, from €143,322 to -€5,391
- Financial charges +€48,000
up €48,000 (+2,441%), from €1,967 to €49,967
- Taxes -€43,178
down €43,178 (-91.2%), from €47,322 to €4,145
- Financial income +€1,909
up €1,909 (+8.5%), from €22,542 to €24,451
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 | €637,683 | €582,017 | -€55,665 | -8.7% |
| Fixed assets | 21/28 | €1,236 | €549 | -€687 | -55.6% |
| Tangible fixed assets | 22/27 | €1,236 | €549 | -€687 | -55.6% |
| Plant, machinery and equipment | 23 | €502 | €549 | +€47 | +9.4% |
| Other tangible fixed assets | 26 | €734 | - | -€734 | |
| Current assets | 29/58 | €636,447 | €581,468 | -€54,979 | -8.6% |
| Amounts receivable within one year | 40/41 | €28,016 | €1,462 | -€26,555 | -94.8% |
| Trade receivables | 40 | €22,361 | - | -€22,361 | |
| Other amounts receivable | 41 | €5,655 | €1,462 | -€4,194 | -74.2% |
| Current investments | 50/53 | €536,199 | €531,868 | -€4,330 | -0.8% |
| Cash at bank and in hand | 54/58 | €71,680 | €47,196 | -€24,484 | -34.2% |
| Deferred charges and accrued income | 490/1 | €552 | €943 | +€390 | +70.7% |
| Total equity and liabilities | 10/49 | €637,683 | €582,017 | -€55,665 | -8.7% |
| Equity | 10/15 | €603,830 | €566,941 | -€36,889 | -6.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €590,535 | €590,535 | = | 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% |
| Distributable reserves | 133 | €588,675 | €588,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | €895 | -€35,994 | -€36,889 | |
| Amounts payable | 17/49 | €33,853 | €15,076 | -€18,777 | -55.5% |
| Amounts payable within one year | 42/48 | €33,853 | €14,972 | -€18,881 | -55.8% |
| Taxes, remuneration and social security | 45 | €33,853 | €14,972 | -€18,881 | -55.8% |
| Taxes | 450/3 | €33,853 | €14,972 | -€18,881 | -55.8% |
| Accrued charges and deferred income | 492/3 | - | €104 | +€104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €690 | €147 | -€543 | -78.7% |
| Other operating charges | 640/8 | €792 | €848 | +€56 | +7.0% |
| Non-recurring operating charges | 66A | - | €842 | +€842 | |
| Gross operating margin | 9900 | €143,322 | -€5,391 | -€148,714 | |
| Operating profit (loss) | 9901 | €141,840 | -€7,228 | -€149,068 | |
| Financial income | 75/76B | €22,542 | €24,451 | +€1,909 | +8.5% |
| Recurring financial income | 75 | €22,542 | €24,451 | +€1,909 | +8.5% |
| Financial charges | 65/66B | €1,967 | €49,967 | +€48,000 | +2,441% |
| Recurring financial charges | 65 | €1,967 | €49,967 | +€48,000 | +2,441% |
| Profit (loss) for the period before taxes | 9903 | €162,416 | -€32,744 | -€195,160 | |
| Income taxes | 67/77 | €47,322 | €4,145 | -€43,178 | -91.2% |
| Profit (loss) for the period | 9904 | €115,094 | -€36,889 | -€151,982 | |
| Profit (loss) for the period to be appropriated | 9905 | €115,094 | -€36,889 | -€151,982 |
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 15 October 2026 via checked.be.