PADELONKA: 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.
PADELONKA
Largest movements
- Receivables within one year -€3,431
down €3,431 (-29.0%), from €11,836 to €8,405
of which Trade receivables: -€2,723
- Tangible fixed assets -€3,225
down €3,225 (-50.5%), from €6,381 to €3,156
of which Furniture and vehicles: -€1,736
- Cash +€2,464
up €2,464 (+15.7%), from €15,732 to €18,197
mainly Receivables within one year (+€3,431) and Depreciation (+€3,225)
- Stocks and contracts +€567
up €567 (+23.2%), from €2,444 to €3,011
- Trade debts -€4,587
down €4,587 (-65.4%), from €7,017 to €2,430
- Reserves -€1,240
down €1,240 (-7.3%), from €16,992 to €15,752
- Tax, wage and social debts +€1,102
up €1,102 (+14.9%), from €7,383 to €8,485
- Accrued charges and deferred income +€1,100
new in 2025: €1,100
- Gross operating margin -€32,621
down €32,621 (-91.1%), from €35,823 to €3,202
- Staff costs -€9,790
no longer reported in 2025 (was €9,790)
- Taxes -€4,446
down €4,446 (-85.3%), from €5,213 to €767
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 | €36,392 | €32,768 | -€3,624 | -10.0% |
| Fixed assets | 21/28 | €6,381 | €3,156 | -€3,225 | -50.5% |
| Tangible fixed assets | 22/27 | €6,381 | €3,156 | -€3,225 | -50.5% |
| Plant, machinery and equipment | 23 | €3,403 | €1,914 | -€1,489 | -43.8% |
| Furniture and vehicles | 24 | €2,978 | €1,242 | -€1,736 | -58.3% |
| Current assets | 29/58 | €30,012 | €29,612 | -€399 | -1.3% |
| Stocks and contracts in progress | 3 | €2,444 | €3,011 | +€567 | +23.2% |
| Stocks | 30/36 | €2,444 | €3,011 | +€567 | +23.2% |
| Amounts receivable within one year | 40/41 | €11,836 | €8,405 | -€3,431 | -29.0% |
| Trade receivables | 40 | €2,723 | - | -€2,723 | |
| Other amounts receivable | 41 | €9,112 | €8,405 | -€708 | -7.8% |
| Cash at bank and in hand | 54/58 | €15,732 | €18,197 | +€2,464 | +15.7% |
| Total equity and liabilities | 10/49 | €36,392 | €32,768 | -€3,624 | -10.0% |
| Equity | 10/15 | €21,992 | €20,752 | -€1,240 | -5.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,992 | €15,752 | -€1,240 | -7.3% |
| Distributable reserves | 133 | €16,992 | €15,752 | -€1,240 | -7.3% |
| Amounts payable | 17/49 | €14,400 | €12,016 | -€2,384 | -16.6% |
| Amounts payable within one year | 42/48 | €14,400 | €10,916 | -€3,484 | -24.2% |
| Trade debts | 44 | €7,017 | €2,430 | -€4,587 | -65.4% |
| Suppliers | 440/4 | €7,017 | €2,430 | -€4,587 | -65.4% |
| Taxes, remuneration and social security | 45 | €7,383 | €8,485 | +€1,102 | +14.9% |
| Taxes | 450/3 | €7,383 | €8,485 | +€1,102 | +14.9% |
| Accrued charges and deferred income | 492/3 | - | €1,100 | +€1,100 | |
| Remuneration, social security and pensions | 62 | €9,790 | - | -€9,790 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,295 | €3,225 | -€70 | -2.1% |
| Gross operating margin | 9900 | €35,823 | €3,202 | -€32,621 | -91.1% |
| Operating profit (loss) | 9901 | €22,738 | -€23 | -€22,761 | |
| Financial charges | 65/66B | €533 | €450 | -€83 | -15.6% |
| Recurring financial charges | 65 | €533 | €450 | -€83 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €22,205 | -€473 | -€22,678 | |
| Income taxes | 67/77 | €5,213 | €767 | -€4,446 | -85.3% |
| Profit (loss) for the period | 9904 | €16,992 | -€1,240 | -€18,232 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,992 | -€1,240 | -€18,232 |
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.