PADEVI: 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.
PADEVI
Largest movements
- Cash +€168,545
up €168,545 (+351.1%), from €48,000 to €216,545
mainly Net result for the year (+€88,530) and Provisions (+€54,376)
- Tangible fixed assets -€35,910
down €35,910 (-15.4%), from €232,528 to €196,618
- Receivables within one year +€5,797
up €5,797 (+1094.8%), from €530 to €6,327
- Reserves +€105,601
up €105,601 (+28399.6%), from €372 to €105,973
- Provisions +€54,376
new in 2015: €54,376
- Profit (loss) carried forward -€17,071
down €17,071 (-83.1%), from -€20,538 to -€37,609
- Debts within one year -€4,524
down €4,524 (-79.9%), from €5,660 to €1,136
- Gross operating margin -€22,510
down €22,510 (-60.2%), from €37,410 to €14,900
From the 2014 result to the 2015 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 2014 and 2015 balance sheets and the 2015 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,107 | €419,490 | +€138,382 | +49.2% |
| Fixed assets | 21/28 | €232,578 | €196,618 | -€35,960 | -15.5% |
| Tangible fixed assets | 22/27 | €232,528 | €196,618 | -€35,910 | -15.4% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €48,530 | €222,872 | +€174,342 | +359.2% |
| Amounts receivable within one year | 40/41 | €530 | €6,327 | +€5,797 | +1094.8% |
| Cash at bank and in hand | 54/58 | €48,000 | €216,545 | +€168,545 | +351.1% |
| Total equity and liabilities | 10/49 | €281,107 | €419,490 | +€138,382 | +49.2% |
| Equity | 10/15 | €275,447 | €363,977 | +€88,530 | +32.1% |
| Contributions | 10/11 | €295,613 | €295,613 | = | 0.0% |
| Reserves | 13 | €372 | €105,973 | +€105,601 | +28399.6% |
| Profit (loss) carried forward | 14 | -€20,538 | -€37,609 | -€17,071 | -83.1% |
| Provisions and deferred taxes | 16 | - | €54,376 | +€54,376 | |
| Amounts payable | 17/49 | €5,660 | €1,136 | -€4,524 | -79.9% |
| Amounts payable within one year | 42/48 | €5,660 | €1,136 | -€4,524 | -79.9% |
| Trade debts | 44 | €441 | €1,136 | +€696 | +157.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,647 | €32,675 | +€28 | +0.1% |
| Gross operating margin | 9900 | €37,410 | €14,900 | -€22,510 | -60.2% |
| Operating profit (loss) | 9901 | -€3,243 | -€28,035 | -€24,792 | -764.5% |
| Recurring financial income | 75 | €95 | €17 | -€78 | -82.3% |
| Recurring financial charges | 65 | €1,404 | €584 | -€820 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €214 | €142,906 | +€142,692 | +66544.7% |
| Profit (loss) for the period | 9904 | €214 | €88,530 | +€88,315 | +41186.1% |
| Profit (loss) for the period to be appropriated | 9905 | €214 | -€17,071 | -€17,286 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.