PADIO: 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.
PADIO
Largest movements
- Tangible fixed assets -€23,830
down €23,830 (-4.8%), from €491,812 to €467,982
of which Land and buildings: -€18,692
- Profit (loss) carried forward -€10,928
down €10,928 (-10.1%), from -€108,288 to -€119,216
- Reserves -€10,413
down €10,413 (-3.7%), from €281,159 to €270,746
- Other debts +€7,615
up €7,615 (+8.3%), from €91,536 to €99,151
- Trade debts -€6,132
down €6,132 (-77.7%), from €7,895 to €1,763
- Debts after one year -€5,794
down €5,794 (-8.5%), from €67,912 to €62,118
- Financial charges -€1,387
down €1,387 (-61.1%), from €2,270 to €883
- Staff costs -€1,319
no longer reported in 2025 (was €1,319)
- Other operating charges +€675
up €675 (+20.7%), from €3,266 to €3,941
- Depreciation +€392
up €392 (+1.6%), from €24,905 to €25,297
- Taxes -€289
down €289 (-45.9%), from €629 to €340
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 | €501,515 | €470,605 | -€30,910 | -6.2% |
| Fixed assets | 21/28 | €491,812 | €467,982 | -€23,830 | -4.8% |
| Tangible fixed assets | 22/27 | €491,812 | €467,982 | -€23,830 | -4.8% |
| Land and buildings | 22 | €481,949 | €463,257 | -€18,692 | -3.9% |
| Plant, machinery and equipment | 23 | €1,665 | €959 | -€706 | -42.4% |
| Furniture and vehicles | 24 | €8,198 | €3,766 | -€4,432 | -54.1% |
| Current assets | 29/58 | €9,703 | €2,623 | -€7,080 | -73.0% |
| Amounts receivable within one year | 40/41 | €4,943 | €86 | -€4,857 | -98.3% |
| Trade receivables | 40 | €4,943 | - | -€4,943 | |
| Other amounts receivable | 41 | - | €86 | +€86 | |
| Cash at bank and in hand | 54/58 | €4,760 | €2,537 | -€2,223 | -46.7% |
| Total equity and liabilities | 10/49 | €501,515 | €470,605 | -€30,910 | -6.2% |
| Equity | 10/15 | €232,871 | €211,530 | -€21,341 | -9.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €281,159 | €270,746 | -€10,413 | -3.7% |
| Tax-exempt reserves | 132 | €281,159 | €270,746 | -€10,413 | -3.7% |
| Profit (loss) carried forward | 14 | -€108,288 | -€119,216 | -€10,928 | -10.1% |
| Provisions and deferred taxes | 16 | €93,720 | €90,249 | -€3,471 | -3.7% |
| Deferred taxes | 168 | €93,720 | €90,249 | -€3,471 | -3.7% |
| Amounts payable | 17/49 | €174,924 | €168,826 | -€6,098 | -3.5% |
| Amounts payable after more than one year | 17 | €67,912 | €62,118 | -€5,794 | -8.5% |
| Financial debts | 170/4 | €67,912 | €62,118 | -€5,794 | -8.5% |
| Amounts payable within one year | 42/48 | €106,232 | €106,708 | +€476 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €5,730 | €5,794 | +€64 | +1.1% |
| Trade debts | 44 | €7,895 | €1,763 | -€6,132 | -77.7% |
| Suppliers | 440/4 | €7,895 | €1,763 | -€6,132 | -77.7% |
| Taxes, remuneration and social security | 45 | €1,071 | - | -€1,071 | |
| Taxes | 450/3 | €1,071 | - | -€1,071 | |
| Other amounts payable | 47/48 | €91,536 | €99,151 | +€7,615 | +8.3% |
| Accrued charges and deferred income | 492/3 | €780 | - | -€780 | |
| Remuneration, social security and pensions | 62 | €1,319 | - | -€1,319 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,905 | €25,297 | +€392 | +1.6% |
| Other operating charges | 640/8 | €3,266 | €3,941 | +€675 | +20.7% |
| Gross operating margin | 9900 | €5,830 | €5,629 | -€201 | -3.4% |
| Operating profit (loss) | 9901 | -€23,660 | -€23,609 | +€51 | +0.2% |
| Financial income | 75/76B | €62 | €20 | -€42 | -67.7% |
| Recurring financial income | 75 | €62 | €20 | -€42 | -67.7% |
| Financial charges | 65/66B | €2,270 | €883 | -€1,387 | -61.1% |
| Recurring financial charges | 65 | €2,270 | €883 | -€1,387 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,868 | -€24,472 | +€1,396 | +5.4% |
| Transfer from deferred taxes | 780 | €3,471 | €3,471 | = | 0.0% |
| Income taxes | 67/77 | €629 | €340 | -€289 | -45.9% |
| Profit (loss) for the period | 9904 | -€23,026 | -€21,341 | +€1,685 | +7.3% |
| Transfer from tax-exempt reserves | 789 | €10,414 | €10,413 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,612 | -€10,928 | +€1,684 | +13.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.