PALA LL: 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.
PALA LL
Largest movements
- Tangible fixed assets -€4,092
down €4,092 (-20.8%), from €19,667 to €15,575
of which Other tangible fixed assets: -€2,889
- Cash -€961
down €961 (-12.3%), from €7,781 to €6,820
mainly Other debts (-€2,285) and Net result for the year (-€1,895)
- Other debts -€2,285
down €2,285 (-75.2%), from €3,041 to €755
- Profit (loss) carried forward -€1,895
down €1,895, from €75 to -€1,820
- Tax, wage and social debts -€550
down €550 (-18.9%), from €2,907 to €2,356
of which Taxes: -€670
- Trade debts -€323
down €323 (-25.5%), from €1,265 to €942
- Gross operating margin -€2,229
down €2,229 (-38.2%), from €5,836 to €3,608
- Staff costs +€589
new in 2024: €589
- Depreciation +€248
up €248 (+6.4%), from €3,845 to €4,092
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,448 | €22,395 | -€5,053 | -18.4% |
| Fixed assets | 21/28 | €19,667 | €15,575 | -€4,092 | -20.8% |
| Tangible fixed assets | 22/27 | €19,667 | €15,575 | -€4,092 | -20.8% |
| Plant, machinery and equipment | 23 | €909 | - | -€909 | |
| Furniture and vehicles | 24 | €1,427 | €1,132 | -€295 | -20.7% |
| Other tangible fixed assets | 26 | €17,331 | €14,443 | -€2,889 | -16.7% |
| Current assets | 29/58 | €7,781 | €6,820 | -€961 | -12.3% |
| Cash at bank and in hand | 54/58 | €7,781 | €6,820 | -€961 | -12.3% |
| Total equity and liabilities | 10/49 | €27,448 | €22,395 | -€5,053 | -18.4% |
| Equity | 10/15 | €20,235 | €18,340 | -€1,895 | -9.4% |
| Contributions | 10/11 | €18,300 | €18,300 | = | 0.0% |
| Capital | 10 | €18,300 | €18,300 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €300 | €300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75 | -€1,820 | -€1,895 | |
| Amounts payable | 17/49 | €7,213 | €4,054 | -€3,158 | -43.8% |
| Amounts payable within one year | 42/48 | €7,213 | €4,054 | -€3,158 | -43.8% |
| Trade debts | 44 | €1,265 | €942 | -€323 | -25.5% |
| Suppliers | 440/4 | €1,265 | €942 | -€323 | -25.5% |
| Taxes, remuneration and social security | 45 | €2,907 | €2,356 | -€550 | -18.9% |
| Taxes | 450/3 | €907 | €237 | -€670 | -73.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,119 | +€119 | +6.0% |
| Other amounts payable | 47/48 | €3,041 | €755 | -€2,285 | -75.2% |
| Remuneration, social security and pensions | 62 | - | €589 | +€589 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,845 | €4,092 | +€248 | +6.4% |
| Other operating charges | 640/8 | €743 | €703 | -€40 | -5.4% |
| Gross operating margin | 9900 | €5,836 | €3,608 | -€2,229 | -38.2% |
| Operating profit (loss) | 9901 | €1,249 | -€1,776 | -€3,025 | |
| Financial charges | 65/66B | €114 | €119 | +€5 | +4.3% |
| Recurring financial charges | 65 | €114 | €119 | +€5 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €1,135 | -€1,895 | -€3,030 | |
| Profit (loss) for the period | 9904 | €1,135 | -€1,895 | -€3,030 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,135 | -€1,895 | -€3,030 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.