PADUM: 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.
PADUM
Largest movements
- Tangible fixed assets -€4,261
down €4,261 (-4.4%), from €96,219 to €91,958
- Other debts +€21,596
up €21,596 (+38.5%), from €56,136 to €77,732
- Debts after one year -€11,152
down €11,152 (-15.4%), from €72,319 to €61,167
- Profit (loss) carried forward -€9,448
down €9,448 (-15.4%), from -€61,499 to -€70,946
- Short-term financial debts -€3,506
down €3,506 (-85.9%), from €4,082 to €575
- Accrued charges and deferred income -€1,206
no longer reported in 2025 (was €1,206)
- Other operating charges +€954
up €954 (+78.6%), from €1,213 to €2,167
- Gross operating margin +€915
up €915 (+22.9%), from €4,003 to €4,917
- Financial charges -€460
down €460 (-9.3%), from €4,938 to €4,478
- Depreciation +€223
up €223 (+3.0%), from €7,497 to €7,720
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 | €97,672 | €94,229 | -€3,443 | -3.5% |
| Fixed assets | 21/28 | €96,219 | €91,958 | -€4,261 | -4.4% |
| Tangible fixed assets | 22/27 | €96,219 | €91,958 | -€4,261 | -4.4% |
| Land and buildings | 22 | €96,219 | €91,958 | -€4,261 | -4.4% |
| Current assets | 29/58 | €1,453 | €2,271 | +€817 | +56.2% |
| Amounts receivable within one year | 40/41 | €1,451 | €1,881 | +€430 | +29.6% |
| Other amounts receivable | 41 | €1,451 | €1,881 | +€430 | +29.6% |
| Cash at bank and in hand | 54/58 | €2 | €2 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €387 | +€387 | |
| Total equity and liabilities | 10/49 | €97,672 | €94,229 | -€3,443 | -3.5% |
| Equity | 10/15 | -€48,953 | -€58,401 | -€9,448 | -19.3% |
| Contributions | 10/11 | €12,546 | €12,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,499 | -€70,946 | -€9,448 | -15.4% |
| Amounts payable | 17/49 | €146,625 | €152,630 | +€6,004 | +4.1% |
| Amounts payable after more than one year | 17 | €72,319 | €61,167 | -€11,152 | -15.4% |
| Financial debts | 170/4 | €72,319 | €61,167 | -€11,152 | -15.4% |
| Amounts payable within one year | 42/48 | €73,100 | €91,462 | +€18,363 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €10,616 | €11,152 | +€536 | +5.1% |
| Financial debts | 43 | €4,082 | €575 | -€3,506 | -85.9% |
| Credit institutions | 430/8 | €4,082 | €575 | -€3,506 | -85.9% |
| Trade debts | 44 | €2,267 | €2,003 | -€263 | -11.6% |
| Suppliers | 440/4 | €2,267 | €2,003 | -€263 | -11.6% |
| Other amounts payable | 47/48 | €56,136 | €77,732 | +€21,596 | +38.5% |
| Accrued charges and deferred income | 492/3 | €1,206 | - | -€1,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,497 | €7,720 | +€223 | +3.0% |
| Other operating charges | 640/8 | €1,213 | €2,167 | +€954 | +78.6% |
| Gross operating margin | 9900 | €4,003 | €4,917 | +€915 | +22.9% |
| Operating profit (loss) | 9901 | -€4,708 | -€4,970 | -€262 | -5.6% |
| Financial charges | 65/66B | €4,938 | €4,478 | -€460 | -9.3% |
| Recurring financial charges | 65 | €4,938 | €4,478 | -€460 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,646 | -€9,448 | +€198 | +2.1% |
| Profit (loss) for the period | 9904 | -€9,646 | -€9,448 | +€198 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,646 | -€9,448 | +€198 | +2.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.