PADIES: 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.
PADIES
Largest movements
- Cash +€2,637
up €2,637 (+22.7%), from €11,611 to €14,249
mainly Other debts (+€1,459) and Net result for the year (+€1,436)
- Other debts +€1,459
up €1,459 (+228.7%), from €638 to €2,096
- Reserves +€1,436
up €1,436 (+32.1%), from €4,477 to €5,914
- Tax, wage and social debts -€491
down €491 (-11.3%), from €4,343 to €3,852
of which Remuneration and social security: -€839
- Trade debts +€234
new in 2025: €234
- Taxes +€753
up €753 (+107.8%), from €699 to €1,452
- Financial charges -€163
down €163 (-42.0%), from €389 to €226
- Gross operating margin +€99
up €99 (+2.1%), from €4,775 to €4,874
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 | €12,458 | €15,096 | +€2,637 | +21.2% |
| Current assets | 29/58 | €12,458 | €15,096 | +€2,637 | +21.2% |
| Stocks and contracts in progress | 3 | €847 | €847 | = | 0.0% |
| Stocks | 30/36 | €847 | €847 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,611 | €14,249 | +€2,637 | +22.7% |
| Total equity and liabilities | 10/49 | €12,458 | €15,096 | +€2,637 | +21.2% |
| Equity | 10/15 | €7,477 | €8,914 | +€1,436 | +19.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,477 | €5,914 | +€1,436 | +32.1% |
| Distributable reserves | 133 | €4,477 | €5,914 | +€1,436 | +32.1% |
| Amounts payable | 17/49 | €4,981 | €6,182 | +€1,201 | +24.1% |
| Amounts payable within one year | 42/48 | €4,981 | €6,182 | +€1,201 | +24.1% |
| Trade debts | 44 | - | €234 | +€234 | |
| Suppliers | 440/4 | - | €234 | +€234 | |
| Taxes, remuneration and social security | 45 | €4,343 | €3,852 | -€491 | -11.3% |
| Taxes | 450/3 | €3,505 | €3,852 | +€347 | +9.9% |
| Remuneration and social security | 454/9 | €839 | - | -€839 | |
| Other amounts payable | 47/48 | €638 | €2,096 | +€1,459 | +228.7% |
| Remuneration, social security and pensions | 62 | €1,760 | €1,760 | = | 0.0% |
| Gross operating margin | 9900 | €4,775 | €4,874 | +€99 | +2.1% |
| Operating profit (loss) | 9901 | €3,015 | €3,114 | +€99 | +3.3% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €389 | €226 | -€163 | -42.0% |
| Recurring financial charges | 65 | €389 | €226 | -€163 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €2,632 | €2,888 | +€256 | +9.7% |
| Income taxes | 67/77 | €699 | €1,452 | +€753 | +107.8% |
| Profit (loss) for the period | 9904 | €1,933 | €1,436 | -€497 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,933 | €1,436 | -€497 | -25.7% |
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 5 October 2026 via checked.be.